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Article R426-11 of the French Insurance Code

The Audit Committee of the Supervisory Board of the Union des entreprises et des salariés pour le logement verifies compliance with the accounting provisions applicable to the Fonds de garantie universelle des risques locatifs, in particular those relating to the calculation of provisions, and the accuracy of the information provided to the Supervisory Board. It also monitors the quality of internal control over the fund’s operations. Where appropriate, it makes…

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