Article L6264-5 of the French General Code of Local Authorities
In application of article LO 6271-5, a global grant for school construction and equipment is instituted in order to help compensate for the net increases in charges for the collectivity of Saint-Barthélemy resulting from the transfer of powers to it. The global grant for school construction and equipment corresponds to the average annual amount of appropriations devoted by the department of Guadeloupe and the commune of Saint-Barthélemy to capital expenditure…