Business Mortgage Proclamation (No. 98/1998). Country/Territory Ethiopia Document type Legislation Date 1998 Source FAO, FAOLEX Original source Federal Negarit Gazeta No. 17, 4th year, 19 February 1998, pp. 677-682 (including corrigendum). Subject Land & soil Keyword Ownership Legal proceedings/administrative proceedings Transfer Geographical area Africa, Eastern Africa, Landlocked Developing Nations, Least Developed Countries, Sahel Abstract This Proclamation provides for the registration of mortgages established on businesses and the sale of a business mortgage by auction. Each Region or City shall keep a register of business mortgages. Only businesses that have been registered and given business license by the appropriate Federal or Regional authority may be mortgaged. Full text English Website www.ethiopar.net