When the investment section of the budget shows a surplus after taking over the results, the local authority may transfer this surplus to the operating section in the cases and conditions defined by decree.
Home | French Legislation Articles | French General Code of Local Authorities | Legislative part | PART THREE: THE DEPARTMENT | BOOK VI: LYON METROPOLITAN AREA | TITLE VI: FINANCIAL AND ACCOUNTING PROVISIONS | CHAPTER I: Budgets and accounts | Article L3661-12 of the French General Code of Local Authorities
When the investment section of the budget shows a surplus after taking over the results, the local authority may transfer this surplus to the operating section in the cases and conditions defined by decree.
Lorsque la section d’investissement du budget présente un excédent après reprise des résultats, la collectivité peut transférer cet excédent à la section de fonctionnement dans les cas et conditions définis par décret.
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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