Section 6: The share savings plan.

The opening of a share savings plan is the subject of a written contract between the subscriber and one of the bodies mentioned in article L. 221-30. This contract informs the subscriber that only one plan may be opened per adult natural person and that the amount paid into the equity savings plan is limited to 150,000 euros since the opening of the plan or 20,000 euros since the opening…

Transactions authorised under the French Insurance Code as part of the share savings plan are those that fall within class of business 24 of article R. 321-1 of the Code.

I. – The share savings plan is opened on the date of the first payment. II. – When the share savings plan is opened with an organisation other than an insurance company, the organisation managing the plan credits the cash account with the payments made by the holder, the amount of cash proceeds from the securities held in the associated securities account, repayments and the amount of sales of these…

For the application of III of article L. 221-32 of this Code, the fees relating to the equity savings plan and the equity savings plan for financing small and medium-sized enterprises and intermediate-sized enterprises are subject to the following ceilings: 1° Charges relating to the opening of the plan, in particular application fees, may not exceed 10 euros ; 2° Fees for account management and custody, or, if the plan…

In accordance with the provisions of article L. 141-7, the Banque de France collects statistical information on share savings plans from custodian-account holders, as defined by order of the Minister for the Economy. This information is collected for the previous calendar year before the end of February each year. It is communicated by the Banque de France to the Minister for the Economy before the end of April of the…

The provisions relating to the transfer of a share savings plan from one management body to another are set out inarticle 91 quater I of Annex II to the General Tax Code.