A collective management organisation governed by Title II of Book III may be approved under Article L. 212-3-3 if it:
1° Provides proof, through the composition of its deliberative and governing bodies, of the diversity of its members by reason of the categories and number of right holders, the economic importance expressed in terms of revenue or turnover;
2° Provides proof of the representation of performers within its governing bodies;
3° Provides proof, by any means, of the professional qualifications of its managers and corporate officers by reason of:
a) Their status as performers;
b) Or the nature and level of their diplomas;
c) Or their experience of managing professional bodies;
4° Gives the necessary information relating to:
a) The administrative organisation and the conditions of installation and equipment;
b) The means implemented for the collection of remuneration and the processing of the data necessary for the distribution of such remuneration;
c) The financing plan and provisional budget for the three financial years following the application for approval;
5° Gives the necessary information relating to the means implemented in order to identify and trace performers for the purposes of distributing the sums collected.