WHEREAS, enterprises, other than those to remain under government ownership, are to be privatized pursuant to the Economic Policy;
WHEREAS, it is found necessary to establish an organ, having legal personality, to follow-up and handle receivables, debts and obligations as well as legal cases pending after the sale and transfer of enterprises privatized in consequence thereof;
NOW, THEREFORE, accordance with Article 55 (1) of the Constitution of the Federal Democratic Republic of Ethiopia, it is hereby proclaimed as follows:
