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Article 1649 quater C of the French General Tax Code

Management centres, the purpose of which is to provide industrialists, traders, craftsmen and farmers with assistance in management matters and to provide them with an analysis of economic, accounting and financial information with a view to preventing economic and financial difficulties, may be approved under conditions defined by a decree in the Conseil d’Etat. These centres are set up at the initiative either of chartered accountants or firms that are…

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Article 1649 quater E bis of the French General Tax Code

Members of approved management centres are required to accept payment either by bank card or by cheque. In the latter case, they must make the cheques payable to themselves and not endorse them unless they are to be cashed directly. They must inform their customers of this. The conditions for the application of this article shall be laid down by decree in the Conseil d’Etat.

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