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Article R142-11 of the French Monetary and Financial Code

Whenever a councillor is to be elected, the Governor sets the date of the ballot. This date must be announced no later than the thirtieth day before the day fixed for the ballot. Employees wishing to stand for election must notify the Governor of their candidacy by registered letter. This letter must reach the Governor no later than the fifteenth day before the day fixed for the ballot. The Governor…

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Article R142-12 of the French Monetary and Financial Code

The organisation and supervision of the electoral process, the counting of votes and the announcement of the results of the election are entrusted to a commission called the “Commission supérieure de l’élection”, which also sets the date on which it will count the votes. This committee comprises three representatives of the Banque de France administration appointed by the Governor, including the Chairman, and representatives appointed by the representative trade unions,…

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Article R142-13 of the French Monetary and Financial Code

Extracts from the electoral list are posted in each administrative unit of the Banque de France. Any complaints against the drawing up of the electoral list must be sent in writing to the Chairman of the Commission. The Commission decides on the complaints received, amends the electoral list if necessary and notifies the administrative units concerned of any additions or deletions it makes.

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Article R142-14 of the French Monetary and Financial Code

Immediately after the expiry of the deadline set for the submission of candidatures, the Committee shall draw up a final list of the candidatures accepted. It shall submit the list to the Governor, who shall immediately notify the staff of the list. Candidates may send in nomination papers for posting or distribution in each administrative unit in accordance with the procedures laid down by the Committee.

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Article R142-15 of the French Monetary and Financial Code

The ballot shall be opened in the places and at the times determined by the committee and brought to the attention of the staff by means of a circular. Voters cast their votes in person. Absentee voters may vote by post by sending their votes directly by post to the chairman of the committee. These must be postmarked no later than the day set for the election. They must reach…

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Article R142-16 of the French Monetary and Financial Code

The committee shall draw up and submit to the Governor a report showing the name of the elected official and, where appropriate, a report setting out the complaints signed by one or more electors and addressed to the committee and the observations made by each member of the committee and, where appropriate, those of the candidates.

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Article R142-19 of the French Monetary and Financial Code

The Governor receives remuneration from the Banque de France equivalent to that of the Vice-President of the Conseil d’Etat; the two Deputy Governors receive remuneration equivalent to that of the President of a Section of the Conseil d’Etat. The accommodation expenses of the Governor and Deputy Governors are paid by the Banque de France. They may also receive an expense allowance.

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Article R142-20 of the French Monetary and Financial Code

The Governor may delegate his powers to the General Managers, Department Managers and Branch Managers, for the purpose of ensuring, in the departments or services under their authority, compliance with the legal, regulatory or contractual provisions applicable to health and safety, working hours, staff representation, environmental protection and the awarding of contracts. It may authorise them to sub-delegate the powers thus delegated to executive staff. Deputy Governors may delegate their…

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Article R142-21 of the French Monetary and Financial Code

General Managers, Department Managers and Branch Managers may sub-delegate their signature to managerial staff and, in the event of their absence or impediment, to permanent office staff and permanent cashier staff, under their authority and within the limits of the latter’s responsibilities.

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