PART THREE: THE DEPARTMENT

For the application of the provisions of 20° of Article L. 3664-1, the Metropole of Lyon depreciates its fixed assets, including those received on disposal or assignment: 1° Intangible; 2° Tangible, with the exception of road networks and installations for which depreciation is optional. This depreciation does not apply to fixed assets owned by the metropolitan authority that are handed over on assignment or at disposal, nor to land and…

For the application of article L. 3662-5, the Lyon metropolitan authority may neutralise the budget, on the one hand, of the depreciation allowance for public buildings, less the amount of the annual write-back of equipment subsidies received for the financing of these facilities, and, on the other hand, of the depreciation allowance for equipment subsidies paid by an expenditure from the investment section and a revenue from the operating section….

The constitution of provisions for liabilities and charges is mandatory as soon as the risk arises. The recognition of depreciation is mandatory in the event of a loss of value of an asset. The Chairman of the Metropolitan Council recognises the depreciation or establishes the provision up to the amount of the loss of value recognised or up to the amount of the risk. The depreciation or provision is adjusted…

Programme authorisations and commitment authorisations for unforeseen expenditure constitute chapters, respectively of the investment section and the operating section of budgets voted by nature and by function.