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Article D121-2 of the French Monetary and Financial Code

The Monnaie de Paris and the Banque de France, acting on behalf of the French Treasury, are authorised to take back from their holders, for their face value and after verification of their authenticity, damaged coins issued by the State and having legal tender status. In the case of bi-metallic coins, reimbursement is only made on presentation of a minimum residual consisting of the central part.

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Article R121-4 of the French Monetary and Financial Code

Credit institutions, La Poste, electronic money institutions, payment institutions carrying out euro coin processing operations and service providers carrying out these operations in the name and on behalf of these institutions shall first sign an agreement with the Banque de France or the Institut d’émission des départements d’outre-mer. This agreement specifies in particular the conditions under which the latter, acting on behalf of the State, may carry out documentary and…

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Article R121-6 of the French Monetary and Financial Code

A multi-annual business contract is signed between the State and the public establishment in accordance with the provisions of article 140 of law no. 2001-420 of 15 May 2001 relating to new economic regulations. In particular, this contract sets out the conditions for changes in the sale prices of metal parts manufactured on behalf of the State.

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Article R121-8 of the French Monetary and Financial Code

The Board of Directors comprises fifteen members: 1° Five representatives of the State ; 2° Five persons chosen for their expertise in fields related to the activity of the public establishment or the management of companies; 3° Five elected staff members representing the three categories of personnel employed by the establishment, including : a) Three representatives of contract staff, including one manager ; b) One representative of workers covered by…

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Article R121-9 of the French Monetary and Financial Code

Without prejudice to the provisions of article 7 of law no. 83-675 of 26 July 1983 on the democratisation of the public sector, the Board of Directors determines the guidelines for the establishment’s activities and ensures that they are implemented. In particular, it deliberates on 1° General measures relating to the organisation and operation of the establishment ; 2° Draft multi-annual company contracts; 3° The budget and any amendments to…

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Article R121-10 of the French Monetary and Financial Code

I. – The Board of Directors meets as often as the interests of the institution require, and in any event at least four times a year. The meeting is held at the registered office of the institution or at any other place indicated in the notice convening the meeting. Meetings of the Board of Directors may be held by videoconference under the conditions laid down in the internal rules in…

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