The Proclamation to Provide for Movable Property Security Right is approved by the Ethiopian House of Peoples' Representatives. The Draft is presented for the review of the House of Peoples’ Representative of FDRE.
The Proclamation defines “moveable property” as including "inventories, agricultural products, incorporeal assets, corporeal assets, the right to use land unless prohibited by pertinent laws; properties excluding land, house and building, a security right under a hire-purchase agreement, security trust deed, trust receipt, commercial consignment, mortgage of a business, sale with ownership reserved, sale with right of redemption, security rights in certificated securities, and security rights in warehouse receipts.”
The Proclamation also envisages the establishment of new Collateral Registry System and Collateral Registry Office.
You can see the the three parts legal briefs prepared on this Proclamation from this website using: http://www.millionlegalservices.com/index.php/resources/118-assaying-the-proclamation-on-movable-property-security-right-part-i to iii.