The interest paid to depositors on Livret A savings accounts is set by order of the Minister for the Economy. Interest paid to depositors starts on the 1st or 16th of each month after the day of deposit. It ceases to accrue at the end of the fortnight preceding the day of repayment. On 31 December of each year, the interest earned is added to the capital and itself becomes…
I. – Unless otherwise stipulated in this chapter, deposits, withdrawals and transfers between the Livret A passbook account and the holder’s current account are carried out in accordance with the general regulations applicable to passbook accounts. II. – An order by the Minister for the Economy sets out the list of transactions that credit institutions may authorise, in addition to the transactions mentioned in I, from or to the same…
The custodian institution is notified by registered letter with acknowledgement of receipt of any objection by the legal representative, as referred to in article L. 221-3, to the withdrawal by the minor of sums credited to the Livret A account held by the minor.
If the Livret A is closed during the year, interest for the period accrued since the start of the year is credited on the day the account is closed.
For the purposes of the first paragraph ofArticle L. 221-6, Caisse des Dépôts et Consignations shall pay each credit institution, in respect of the amounts centralised under the first paragraph ofArticle L. 221-5, an interest rate increased in accordance with the terms and conditions defined in Article 6 of Decree 2011-275 of 16 March 2011 relating to the remuneration of networks collecting Livret A and Livret de Développement Durable passbook…
The additional remuneration provided for in the second paragraph of article L. 221-6 is calculated in such a way as to ensure that the credit institution referred to in article L. 518-25-1 is proportionately compensated for the general economic interest service missions conferred on this institution pursuant to this section. The annual amount of this additional remuneration is set by order of the Minister for the Economy.
I.-Resources collected by institutions distributing the Livret A or the Livret de développement durable et solidaire and not centralised pursuant to the third paragraph of article L. 221-5 are allocated : 1° To finance the cash flow and investment needs of businesses that meet the criteria set out in European Commission Recommendation 2003/361/EC of 6 May 2003 defining micro, small and medium-sized enterprises; 2° To finance projects by legal entities…
The annual expenses of the savings fund provided for inArticle L. 221-7 include : 1° The amount of interest and any additional remuneration due to depositors, in proportion to the share of deposits actually centralised in the fund; 2° The remuneration of institutions distributing passbooks whose deposits are wholly or partly centralised in the fund; 3° Reimbursement of costs incurred by Caisse des Dépôts et Consignations in managing deposits centralised…
Each year, remuneration for the guarantee granted by the State on deposits collected by credit institutions and centralised in whole or in part in the fund is deducted from the savings fund provided for in Article L. 221-7. The amount of this remuneration is set by decree after consultation with the Supervisory Board of Caisse des Dépôts et Consignations.
For the application of the first two paragraphs of article L. 221-15 relating to a taxpayer’s eligibility for the popular savings passbook account : 1° The income ceilings mentioned in the first paragraph of the article are calculated each calendar year as follows: a) The amounts mentioned in I of article 1417 of the General Tax Code, rounded to the nearest euro, are multiplied by a coefficient equal to 1.8….
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75001, Paris France
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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