I – The natural or legal persons mentioned in article L. 211-1 are registered in the register mentioned inarticle L. 141-3.
II.-In order to be registered, these persons must:
1° Provide travellers with proof of an adequate financial guarantee, specifically allocated to the reimbursement of funds received for tourist packages, related travel services and those services mentioned in 2° of I of article L. 211-1 which do not solely involve transport, except when the tourist packages and travel services are purchased under a general agreement concluded for the organisation of a business trip. This guarantee must result from the commitment of a collective guarantee body, a credit institution or an insurance company established on the territory of a Member State of the European Union or another State party to the Agreement on the European Economic Area, or a finance company. If a transport service is included, the guarantee must cover the costs of any repatriation to the place of departure or to another place decided by mutual agreement between the contracting parties. The reimbursement may be replaced, with the traveller’s agreement, by the provision of a different service to replace the planned service. The service proposed by the financial guarantee body does not require the express agreement of the traveller, as long as its implementation only entails a minor modification to the contract and the traveller is informed of this in a clear, comprehensible and visible manner on a durable medium;
2° Provide proof of insurance guaranteeing the financial consequences of professional civil liability.
III – Non-profit-making associations and organisations belonging to a federation or union declared as guarantors are not required to satisfy the conditions laid down in I and II, provided that they satisfy the obligations laid down in I and II.