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Ethiopian Federal Laws
Go to Laws Index
Title:
Sinking Fund Establishment Council of Ministers
Regulation No.:
39/1998
Jurisdiction:
Federal
Law Type:
Regulation
Country:
Ethiopia 🇪🇹
Format:
PDF (
Amharic and English
)
FEDERAL NEGARIT GAZETA OF mE FEDERAL DEMOCRATIC REPUBLIC OF ck'rC !Ii 56 July, f ih fDhc m Q-t f IDII) fDhc fDhc f 39/1998 Sinking Fund Establishment Council ofMinisters 800 . ck'rC fIDII) t ck'rC 'hli h hCP ck'rC Iili'ii i. hC I. f' L' Y: (htUJ 0 ; e. . i. o.T l.tL I. "ITIi I 2.30 39/1998 COUNCIL OFMINISTERS REGULATIONS TOPROVIDE FOR THE ESTABLISHMENT OF SINKING FUND These Regulations are issued by the Council of Minis- of the Definition of Powers and Duties of the Executive Organs of the Federal Democratic 47 of the Federal Government of Ethiopia Financial Adminis- tration Proclamation No. Short Tide These Regulations may be cited as the "Sinking Fund Establishment Council of Ministers Regulations Establishment The Sinking Fund (hereinafter "the is hereby established to be deposited in a special account to be opened by the Ministry of Finance. Sources of theFund The Fund shall be collected from the following sources: Recurrent and capital budgets, aswell as shareofthe treasury from subsidy budget of the Regions, ap- proved every fiscal year and not utilized within the fiscal year or the grace period; Revenue collected over and above the forecast. itill! 80,001
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