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Article R1511-1 of the French General Code of Local Authorities

The amount of subsidies that may be paid annually by a territorial authority or grouping to one of the bodies referred to in article L. 1511-7 may not exceed 50% of the total annual revenue received by this body. This amount may not have the effect of increasing the total annual amount of public aid received by the beneficiary organisation to more than 80% of its total annual revenue. For…

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Article R1511-2 of the French General Code of Local Authorities

Organisations must provide the following documents in support of their grant applications: a) Balance sheets and profit and loss accounts for the last two financial years for which the accounts have been closed, as well as a provisional budget for the year for which the grant is requested; b) A report outlining their activity and the use of grants from local authorities and their groupings for the previous year; c)…

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Article R1511-3 of the French General Code of Local Authorities

The agreement provided for in the second paragraph of article L. 1511-7 sets out the obligations of each of the parties and specifies in particular: a) The terms and conditions for awarding and paying the grant; b) The amount and origin of all public aid defined in Article R. 1511-1 which the organisation plans to obtain for the year in respect of which the grant is requested; c) The conditions…

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Article R1511-4 of the French General Code of Local Authorities

I. – For the application of this section, the market value of the land or buildings used as a reference for determining the amount of aid that may be granted by the local authorities and their groupings, under the conditions laid down in Article L. 1511-3, is set by the departmental or, where applicable, regional director of public finance or by an expert. In cases where its opinion is required…

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Article R1511-4-1 of the French General Code of Local Authorities

For the application of this section, aid granted in the forms provided for in Article L. 1511-3 for the financing of real estate projects under leasing and hire-purchase contracts is considered to be investment aid. This aid can only be granted if the leasing or hire-purchase contract still has a duration of at least five years after the anticipated completion date of the investment project. Where the beneficiary company is…

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Article R1511-4-2 of the French General Code of Local Authorities

The deliberative assemblies of the territorial authorities and their groupings determine the conditions for the allocation, liquidation, payment, cancellation and repayment of aid granted under this section. Benefit from this aid is subject to the company’s compliance with its tax and social security obligations. The agreement referred to in paragraph 2 of Article L. 1511-3 includes a declaration in which the beneficiary company mentions all the aid received or applied…

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Article R1511-5 of the French General Code of Local Authorities

In order to encourage the creation or expansion of economic activities in the investment aid zones for small and medium-sized enterprises for the period 2022-2027 mentioned in Article 3 of Decree no. 2022-968 of 30 June 2022 on regional aid zones and investment aid zones for small and medium-sized enterprises, local authorities or their groupings may, alone or jointly, grant, subject to the provisions of Commission Regulation (EU) No 651/2014…

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Article R1511-10 of the French General Code of Local Authorities

In order to encourage the creation or expansion of economic activities in the regional aid areas delimited by Decree no. 2022-968 of 30 June 2022 on regional aid areas and investment aid areas for small and medium-sized enterprises for the period 2022-2027, local authorities or their groupings may, alone or jointly, subject to the provisions of subsections 4 and 5 of this section, grant the aid referred to in Article…

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Article R1511-12 of the French General Code of Local Authorities

The amount of aid for property investment that local authorities and their groupings may grant pursuant to Article L. 1511-3 is calculated by reference to the market value of the land and buildings set, according to market conditions, under the terms and conditions set out in article R. 1511-4. The limits and conditions for granting aid are, depending on the areas, categories of business and investment amounts concerned, those set…

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