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Article D6264-4 of the French General Code of Local Authorities

The difference between the disposal value of a fixed asset and its net book value must be recorded in the investment section of the budget before the result of the operating section is determined.

Original in French 🇫🇷
Article D6264-4


La différence constatée entre la valeur de cession d’une immobilisation et sa valeur comptable nette est obligatoirement enregistrée à la section d’investissement du budget préalablement à la détermination du résultat de la section de fonctionnement.

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