I.-The provisions of the articles mentioned in the left-hand column of the following table shall apply in French Polynesia, subject to the provisions of II, in the wording indicated in the right-hand column of the same table:
Applicable articles | In the wording resulting from |
---|---|
L. 212-1 A | Order no. 2009-15 of 8 January 2009 |
L. 212-1 |
Ordinance no. 2004-604 of 24 June 2004 |
L. 212-2 |
Act 2012-387 of 22 March 2012 |
L. 212-3 with the exception of IV |
Law no. 2021-1308 of 8 October 2021 |
L. 212-4 to L. 212-7 |
Order no. 2004-604 of 24 June 2004 |
II.For the application of the articles mentioned in the table above:
1° In article L. 212-1, the shares defined byarticle L. 228-7 of the French Commercial Code, are cash shares and contributed shares, as defined below:
a) Cash shares are shares whose value is paid up in cash or by set-off; shares issued following the capitalisation of reserves, profits or share premiums, and shares whose value results partly from the capitalisation of reserves, profits or share premiums and partly from payment in cash;
b) All other shares are contribution shares;
2° Article L. 212-2 is replaced by the following: “Cash shares are registered shares until they are fully paid up. Failing this, the share may be cancelled.