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Article L321-18 of the French Commercial code

A regulatory authority known as the “Conseil des maisons de vente” is hereby established. The Conseil des maisons de vente, a public utility establishment with legal personality, is responsible for: 1° Observing the economy of the public auction sector; 2° Determining and disseminating good professional practices and formulating recommendations with regard to voluntary sales of furniture by public auction; 3° Supporting and promoting the quality and safety of voluntary sales…

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Article L321-19 of the French Commercial code

The Conseil des maisons de vente is financed by the payment of professional fees paid by the persons mentioned in I and II of article L. 321-4 and based on the amount of gross fees received during the previous year for sales organised or carried out on national territory. The amount of these contributions is set every three years by order of the Minister of Justice, after consulting the Conseil…

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Article L321-20 of the French Commercial code

The Conseil des maisons de vente shall inform the Chambre nationale des commissaires de justice, the Conseil supérieur du notariat and the Conseil national des courtiers de marchandises assermentés of the facts committed which have been brought to its attention and which infringe the regulations governing voluntary sales of furniture by public auction. The Chambre nationale des commissaires de justice, the Conseil supérieur du notariat and the Conseil national des…

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Article L321-21 of the French Commercial code

I.-The college of the Conseil des maisons de vente comprises: 1° Six representatives, elected in accordance with procedures laid down by decree by the Conseil d’Etat, from among the persons mentioned in I or 3° of II of article L. 321-4, including : a) Three leading figures practising in the Ile-de-France region; b) Three leading figures practising outside the Ile-de-France region; 2° Two leading figures appointed by the Minister of…

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