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Structural division: Book Three › CHAPTER THREE › SECTION ONE
Article 123 — Scope of Application of this Chapter
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
1/ The provisions of this chapter regarding the sale of a business shall apply:
a) to any sale or assignment, even under a disguised form;
b) to any sale by auction at the request of joint owners;
c) to any distribution accompanied by compensation, where such sale, assignment or distribution relates to a business or its goodwill or to a branch or representative office assigned without the principal business being assigned or the goodwill of such branch or representative office.
2/ The provisions of this chapter shall not apply to the sale of individual parts of a business other than the goodwill, unless such sale entails or conceals the sale of the business or of the goodwill of a business.