The regional cooperation fund for Martinique is funded by State appropriations and may receive allocations from the territorial authority of Martinique, any other public authority and any public body.
A joint committee, placed under the authority of the State representative in the territorial collectivity and composed, on the one hand, of representatives of the State and, on the other hand, of representatives of the Martinique Assembly and the Martinique Executive 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 lay down the terms and conditions for the application of this article.
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