TITLE II: Statutory Auditors.

I.-Except in cases of statutory appointment, the statutory auditors are appointed by the ordinary general meeting in legal entities which have such a body or by the body exercising a similar function competent by virtue of the rules which apply to other persons or entities. Where the statutory auditor so appointed is a natural person or a one-person company, one or more alternate statutory auditors, called upon to replace the…

Persons and entities required to publish consolidated accounts shall appoint at least two statutory auditors.

Public interest entities appoint at least one statutory auditor.

Persons and entities, other than those mentioned in articles L. 823-2 and L. 823-2-1, which control one or more companies within the meaning of article L. 233-3 shall appoint at least one statutory auditor when the entity they form with the companies they control exceeds the thresholds set by decree for two of the following three criteria: the cumulative total of their balance sheet, the cumulative amount of their turnover…

The statutory auditor is appointed for a term of six financial years. His term of office expires after the deliberation of the general meeting or competent body that rules on the accounts for the sixth financial year. The statutory auditor appointed to replace another shall remain in office only until the expiry of the term of office of his predecessor. A statutory auditor whose term of office has expired, who…

I. – Where a public interest entity appoints a single auditor, the single auditor may not certify the accounts of the public interest entity for a period exceeding ten years. However, at the end of that period, the single auditor may be appointed for a further term of office of six financial years, provided that the conditions set out in paragraphs 2 to 5 of Article 16 of Regulation (EU)…