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Act No. 37/An/14/7Th Approving The Financial Accounts Of The Real Estate Company Djibouti For Fiscal Year 2010.

Original Language Title: Loi N° 37/AN/14/7ème L portant approbation des comptes financiers de la Société Immobilière de Djibouti pour l'exercice 2010.

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Act No. 37/AN/14/7th L approving the financial accounts of the Corporation Immobilière de Djibouti for the fiscal year 2010.

NATIONAL ASSEMBLEE A ADOPTETHE PRESIDENT OF THE PROMULGUE REPUBLICI'll tell you what.



VU The Constitution of 15 September 1992;
VU Law No.12/AN/98/4 L of 11/03/98 on the reform of the Sociétés d'Etats, the Sociétés d'Economie Mixte and the Public Establishments of an industrial and commercial character;
VU Decree No.00-0015/PR/MHUEAT of 13 January 2000 amending the statutes of the Djibouti Immobilière Corporation;
VU Decree No.99-0077/PR/MFEN of 8 June 1999 on the reform of the Sociétés d'Etat, Sociétés d'Economie Mixte et des Etablissements Publics with an industrial and commercial character;
VU Decree No.99-0177/PRE of 27 July 1999 on the acquisition by the Djiboutian State of the shares held by AFD in the capital of the Immobilière Corporation of Djibouti;
VU Decree No.2013-0044 of 31 March 2013 appointing the Prime Minister;
VU Order No.2013-0045 of March 31, 2013 appointing members of the government;
VU Decree No.2013-0058/PRE of 14 April 2013 establishing the powers of the Ministries;
VU Decree No. 11/EAP/PL/L of 8 August 1956 establishing the Immobilière Society of Djibouti;
VU Order n°429/2012/PR/SEL of 11 July 2012 appointing members of the Board of Directors of the Immobilière Corporation of Djibouti;
VU Deliberation No. 03/2013 of 24 October 2013 of the Board of Directors of the Immobilière Corporation of Djibouti;
VU Circular No.66/PAN of 15/03/14 calling for the 1st public meeting of the 1st Ordinary Session of 2014.

The Council of Ministers heard in its meeting of December 03, 2013.

Article 1: The financial accounts of the Djibouti Real Estate Corporation for the 2010 fiscal year are approved to:
- In products.......................................
- Charges.............................................954.370.804 FDJ
- Amortization and Provisions484.493.640 FDJ
- Deficital result of.....................................372.485.284 FDJ

Article 2: This Act will be enforced as the Law of the State and published in the Official Journal of the Republic of Djibouti for its promulgation.
Done in Djibouti, 31/03/2014

President of the Republic,
Head of Government
ISMAÏL OMAR GUELLEH