Civil Code > TITLE III. BODIES CORPORATE AND PROPERTY WITH A SPECIFIC DESTINATION 4

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Chapter 4. Foreign bodies corporate and property with a specific destination

Art. 545.- Bodies corporate.

(1) Bodies corporate whose had office is situate in a foreign country and which wish to carry out activities in Ethiopian shall apply for an authorization to the office of associations in Addis Ababa. A copy of the articles of associations shall be attached to the application.

(2) The office of associations may refuse to grant the authorization applied for where the proposed activities are country to the law or morals. The office of associations may, before making its decision, consult the Ministry concerned with the proposed activities.

(3) No foreign body corporate may carry out activities nor recruit members in Ethiopia for so long as the authorization has not been granted by the office of associations.

Art. 546.- Property with a specific destination.

(1) Endowments, trusts and committees constituted in a foreign country may not carry out any activity in Ethiopia for so long as they have not been granted the necessary approval by the Ministry of Interior.

(2) The Ministry of Interior may refuse its approval where the proposed activity is contrary to the law or morals. The Ministry of Interior may, before making its decision, consult the Ministry concerned with the proposed activity.

Act. 547.- Effect of authorization or approval.

(1) Bodies corporate which have been granted the authorization specified in Art3 545 and endowments, trusts or committees approved under Art. 546. shall be fully assimilated as regards the enjoyment and exercise of civil rights, to bodies corporate, endowments, trusts or committees established in Ethiopia.

(2) They shall be deemed to enjoy such nationality as is recognized to them in State where their head office is situate.

Art.548- Restriction

1.The carrying out of regular activities in Ethiopia by foreign bodies corporate, endowments, trusts or committees or certain classes of the same way be prohib-

ited or regulated by the Minstry of Inferior.

2.The restrictions imposed upon foreign physical persons with regard to ownership of immovable property in Ethiopia shall apply to foreign bodies corporate, endowments, trusts and committees.

Art.549-Revocation of authorization or approval.

1.Any authorization granted under Art.545 and any approval given under Art.546 may at any time be revoked for good cause by the office of associations or the Minstry of Interior, as the case may be.

2.An application to set aside such decision may be made to the court by any of the directors of the body corporate, endowment or committee concerned or any of the trustees within one month from the day on which he was informed of the revocation.

3.The court may stay the execution of the order of revocation until the application decided on.

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