The regional cooperation funds set up respectively for Guadeloupe, La Réunion and Mayotte are funded by State appropriations and may receive allocations from the département, the region, any other public authority and any public body.
In Guadeloupe, La Réunion and Mayotte, the management committee of the regional cooperation fund, placed under the authority of the State representative and made up equally of representatives of the State and representatives of the regional council and the general council, shall draw up the list of operations eligible for the regional cooperation fund as well as the subsidy rate applicable to each of them.
A decree in the Council of State shall set out the terms and conditions for the application of this article.
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