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Structural division: BOOK ONE › parts › CHAPTER FIVE
Article 23 — Effect of Prohibitions and Restrictions
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
1/ Persons who carry on a trade subject to prohibition or without fulfilling legally prescribed special requirements or conditions shall be liable to the penalties provided by the relevant criminal law.
2/ Persons who carry on a trade subject to prohibition or restriction may not invoke the said prohibition or restriction to free themselves from liabilities incurred in carrying on a trade subject to prohibition or restriction. They may not hold themselves out to be traders to third parties but they shall be liable as though they were traders.