Section 3: Agricultural credit

The caisses de crédit agricole mutuel referred to in articles L. 512-34 and L. 512-35 are subject to supervision by the organe central du crédit agricole. They are required to provide it with all documents, information and evidence intended to enable an administrative, technical and financial control of their organisation and management.

Institutions or entities that have received advances or loans from the central body of Crédit Agricole are subject to inspection by the Inspectorate General of Finance.

The distribution by the central body of agricultural credit of advances subsidised by the State to the mutual agricultural credit banks is subject to control by the Inspectorate General of Finance.

The “organe central du crédit agricole” shall supervise the operation of all institutions or bodies which have received, pursuant to this section, directly or indirectly, advances, long-term loans and loans from the “caisses de crédit agricole mutuel”.