Agricultural Development Corporations Regulations No. 60/1978.

These Rules shall apply to agricultural development organizations established by the Authority pursuant to the State Farms Development Authority Proclamation of 1978 (‘corporations’). It provides for juridical personality of corporations, capital and liability, powers and duties of each corporation, powers and duties of the General Manager of each corporation, keeping of books and accounts, budgeting, report of activities, reserve funds, auditing, dissolution, winding up and amalgamation of corporations.