The authorisation of the acts mentioned in 2° of Article R. 712-7 is valid for a period of one year from the date of approval of the deliberations relating to these acts. At the end of this period, if the loan, lease or bond issue has not been contracted or raised, the authorisation must be renewed. However, where the loan relates to a port or airport concession, the deadline is…
Borrowings are made under market conditions and in compliance with the public procurement rules in force or in the form of public subscription with the option of issuing bearer bonds or bonds transferable by endorsement. Borrowing contracts must always stipulate the option of early repayment or renegotiation of the loan.
The rules laid down in Articles R. 712-27 and R. 712-29 apply to issues by a network institution of bonds or to the conclusion of a property leasing contract.
The granting by a network institution of the guarantees mentioned in 3° of article R. 712-7 is subject to the following rules: 1° The granting of guarantees means the granting of loan guarantees or sureties granted to natural or legal persons under private or public law; 2° Transmission of the resolution adopting a proposal to grant a guarantee to a third party is accompanied by documents and information specifying the…
The transmission to the supervisory authority of the deliberations relating to the delegation agreements is accompanied by: 1° A multiannual operating outlook showing, in particular, the conditions for balanced operation; 2° A multiannual investment programme; 3° Indicators in terms of prudential debt ratios and the level of the operator’s working capital enabling its ability to ensure the regular operation of the business to be assessed.
1° Establishments in the network may not use the proceeds of taxes of any kind allocated to them or resources from their other activities to ensure the balance of a public service delegation agreement entrusting them with the management of a public service or facility. However, this prohibition does not apply to: – cash flows occurring within the same financial year provided that the balance of these flows at the…
The supervisory authority consults, as necessary, with the local authorities or their conceding groupings, the relevant decentralised departments, the regional chamber of commerce and industry and the chambers of commerce and industry concerned, as well as independent experts on the financial risks resulting from these investments incurred by the establishments in the network of chambers of commerce and industry as a result of the public service delegations entrusted to them…
Consular delegates are elected in the constituency defined in article L. 713-6.
The number of consular delegates is set, under the conditions provided for in Article L. 713-12, by prefectoral order. The distribution of delegates between the categories corresponding respectively to commercial, industrial or service activities and possibly the sub-categories provided for by Article L. 713-11 is made under the same conditions as those laid down for members of territorial chambers of commerce and industry by the articles R. 711-47 and R….
Consular delegates who wish to resign or who lose the capacity in respect of which they were elected shall submit their resignation to the Prefect. However, consular delegates who change professional category or sub-category and consular delegates who fulfil the conditions of eligibility in another constituency shall retain their mandate until the next elections. .
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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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