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Structural division: Book Three › party › CHAPTER FIVE
Article 167 — Prohibition of Trade by the Lessee
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
1/ The parties may agree that, upon the termination of the contract of lease, the lessee shall not compete with the owner of the business by carrying on a trade similar to the trade carried on by the owner.
2/ Any such prohibition shall not be effective for more than five years.