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Article R142-21 of the French Monetary and Financial Code

General Managers, Department Managers and Branch Managers may sub-delegate their signature to managerial staff and, in the event of their absence or impediment, to permanent office staff and permanent cashier staff, under their authority and within the limits of the latter’s responsibilities.

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Article R142-21-1 of the French Monetary and Financial Code

Pursuant to the last paragraph of Article L. 142-9 of the present Code, the General Council of the Banque de France draws up the budget allocated each year to social and cultural expenditure. The overall contribution of the Banque de France to these expenses may not be less than 2.5% of the gross payroll. The provisions of article R. 2323-35 of the Labour Code do not apply. The procedures for…

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