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Article L123-40 of the French Commercial code

The authorities mentioned within this sub-section shall control that the undertakings falling within their area of competence comply with the conditions necessary for access to their activity or for the exercise thereof. The nature and scope of this control are specified, for each authority, within this subsection.

Original in French 🇫🇷
Article L123-40

Les autorités mentionnées au sein de la présente sous-section contrôlent que les entreprises relevant de leur champ de compétence satisfont aux conditions nécessaires à l’accès à leur activité ou à l’exercice de celle-ci. La nature et l’étendue de ce contrôle sont précisées, pour chaque autorité, au sein de la présente sous-section.

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