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Ethiopian Federal Laws
Go to Laws Index
Title:
Urban Lands Lease Holding
Proclamation No.:
721/2011
Jurisdiction:
Federal
Law Type:
Proclamation
Category:
Land Administration and Urban Development
Country:
Ethiopia 🇪🇹
Format:
PDF (
Amharic and English
)
Unit Price nUT 80001 FEDERAL NEGARIT GAZETA OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA xJ CONTENTS 721/2011 6220 # $5 PROCLAMATION No. A PROCLAMATION TO PROVIDE FOR LEASE HOLDING OF URBAN LANDS of the Constitution of the Federal Democratic Republic of Ethiopia that land is the property of the State and the peoples of Ethiopia and that its use shall be subject to specific regulation by law; WHEREAS, the sustainable rapid economic growth registered across all economic sectors and regions in the country has necessitated continuously and increasingly the demand for urban land which requires such an appropriate administration that it is efficient and responsive to land resources demand; WHEREAS, the prevalence of good governance is a foundational institutional requisite for the development of an efficient, effective, equitable and well functioning land and landed property market, the sustenance of a robust free market economy and for building transparent and accountable land administration system that ensures the rights and obligations of the lessor and the lessee; NOW, THEREFORE, in accordance with sub- of the Constitution of the Federal Democratic Republic of Ethiopia, it is herby proclaimed as follows: 4 08 24 4 2011
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