Capital Goods Leasing Business Proclamation

The Capital Goods Leasing Business Proclamation No. 807/2013 amends the existing Capital Goods Leasing Business Proclamation No. 103/1998, introducing new definitions, licensing requirements, and regulations for operating lease and capital goods finance businesses in Ethiopia. The proclamation aims to enhance the regulatory framework for capital goods leasing, ensuring safety, soundness, and risk management in the industry, and is effective as of its publication date in the Federal Negarit Gazette.