Article D611-7 of the French Commercial code
Approval is granted for a maximum period of three years, renewable by order of the prefect of the region where the group’s head office is located. The decision takes into account in particular: The compliance of the grouping’s objectives with those defined by article L. 611-1 ; The adequacy of the means implemented to the objectives pursued; The commitments entered into pursuant to article D. 611-5, their compliance in the…