The insurance provided for in article L. 3253-6 is implemented by an association created by representative national professional employers’ organisations and approved by the administrative authority.
This association enters into a management agreement with the body managing the unemployment insurance scheme and with the Agence centrale des organismes de sécurité sociale for the collection of the contributions referred to in article L. 3253-18.
If this association is dissolved, the administrative authority entrusts the body provided for in Article L. 5427-1 with the management of the insurance scheme instituted in Article L. 3253-6, with the exception of the collection of the contributions mentioned in Article L. 3253-18 entrusted to the bodies mentioned in Article L. 5422-16.
This association and the aforementioned body constitute the guarantee institutions against the risk of non-payment.