Ethiopian Federal Laws
COUNCIL OF MINISTERS REGULATION TO ESTABLISH THE PUBLIC SERVICE EMPLOYEE'S TRANSPORT SERVICE ENTERPRISE
This Regulation is issued by the Council of Ministers pursuant to Article 5 of the Definition of Powers and Duties of the Executive Organs of the Federal Democratic Republic of Ethiopia Proclamation No. 691/2010 and Article 47(1)(a) of the Public Enterprises Proclamation No. 25/1992.
1. Short Title
This Regulation may be cited as the "Public Service Employee's Transport Service Enterprise Establishment Council of Ministers Regulation No. 298/2013"
2. Definition
In this Regulation "public service employees" include employees of federal government offices in Addis Ababa and the Addis Ababa City Administration offices
3. Establishment
- The Public Service Employees Transport Service Enterprise (hereinafter the "Enterprise") is hereby established as a public enterprise
- The Enterprise shall be governed by the Public Enterprises Proclamation No. 25/1992.
4. Supervising Authority
The Ministry of Transport shall be the supervising authority of the Enterprise.
5. Head Office
The Enterprise shall have its head office in Addis Ababa.
6. Objectives
The objectives for which the Enterprise is established are:- to provide transport service to public service employees during office opening and closing hours;
- to provide transport service to other users outside of office opening and closing hours;
- to engage in other activities related to its objectives.
7. Capital
The authorized capital of the Enterprise is Birr 1,000,000,000 (one billion Birr) of which Birr 500,000,000 (five hundred million Birr) is paid up in cash and in kind.
8. Liability
The Enterprise may not be held liable beyond its total assets.
9. Duration
The Enterprise is established for an indefinite duration.
10. Effective Date
This Regulation shall come into force on the date of publication in the Federal Negarit Gazette.
Done at Addis Ababa, this 7th day of November, 2013.
HAILEMARIAM DESSALEGN
PRIME MINISTER OF THE FEDERAL
DEMOCRATIC REPUBLIC OF ETHIOPIA