Ethiopia Commodity Exchange Authority Proclamation (No. 551 of 2007).
Country
Type of law
Legislation
Abstract
This Proclamation establishes the Ethiopia Commodity Exchange Authority as an autonomous public institution of the Federal Government. The general objective of the Authority shall be to ensure the development of an efficient and modern (agricultural) commodities marketing system. The Authority may grant recognition to Clearing Institutions and Exchange Actors and recognize Exchange Actors Associations. The Act also provides rules relative to trading in commodities and requires Commodity Exchanges to set up a Settlement Guarantee Fund.
Attached files
Web site
Date of text
Notes
No Law, Regulation, directive or practice shall, in so far as it is inconsistent with this Proclamation, be applicable with respect to matters covered under this Proclamation.
Repealed
No
Serial Imprint
Federal Negarit Gazeta No. 62, 13th year, 4 September 2007, pp. 3915-3932.
Source language
English
Legislation Amendment
No