Article D4321-3 of the French General Code of Local Authorities
The region may neutralise the depreciation allowance for equipment subsidies paid and the depreciation allowance for administrative and school buildings less the amount of the annual write-back of equipment subsidies received for the financing of these facilities, by means of an expenditure from the investment section and a revenue from the operating section. The region proceeds with the annual write-back of equipment subsidies received and funds allocated to depreciable fixed…