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CHAPTER VIII : General system of exemptions from the obligation to deposit the funds of local authorities and their public establishments with the State

Article L1618-1 of the French General Code of Local Authorities

The provisions of this chapter apply to local authorities and their public establishments, subject to the specific provisions applicable to public health establishments, public social and medico-social establishments mentioned in article L. 312-1 of the Code de l’action sociale et des familles and the régies mentioned in article L. 2221-1. They do not apply to public low-cost housing establishments.

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Article L1618-2 of the French General Code of Local Authorities

I. – Local authorities and public establishments falling within the scope defined in article L. 1618-1 may derogate from the obligation to deposit with the State funds that come from: 1° Donations; 2° The alienation of an element of their assets; 3° Loans, the use of which is deferred for reasons beyond the control of the local authority or public establishment; 4° Exceptional income, the list of which is set…

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