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Article L4424-27 of the French General Code of Local Authorities

The territorial authority’s aid regime in favour of economic development, provided for in Title I of Book V of Part One, is determined by the territorial authority by deliberation of the Assembly of Corsica. The President of the Executive Council implements these deliberations under the conditions set out in article L. 4422-26.

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Article L4424-28 of the French General Code of Local Authorities

The Corsican regional authority may participate, through the payment of endowments, in the constitution of an investment fund with a private equity company whose purpose is to provide equity capital to companies. The total amount of endowments paid by the regional authority may not exceed 50% of the total amount of the fund. The Corsican regional authority will enter into an agreement with the company managing the fund, setting out,…

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Article L4424-28-1 of the French General Code of Local Authorities

The Corsican regional authority may participate, through the payment of grants, in the constitution of a guarantee fund with a credit institution or finance company whose exclusive purpose is to guarantee financial assistance granted to companies. The Corsican regional authority will enter into an agreement with the company managing the fund, setting out, in particular, the purpose, amount and operation of the guarantee fund, the procedures for informing the regional…

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Article L4424-29 of the French General Code of Local Authorities

The territorial collectivity of Corsica may, where the purpose of its intervention is to promote local economic development, grant aid for the creation or development of businesses, in addition to that mentioned in Title I of Book V of Part One. The nature, form and procedures for granting aid are set by deliberation of the Assembly of Corsica. Each year, the President of the Executive Council of Corsica reports to…

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Article L4424-30 of the French General Code of Local Authorities

The coordination committee for the industrial development of Corsica is made up of one-third representatives of the State, one-third representatives of the Assembly of Corsica in proportion to the groups and one-third representatives of national companies. It meets at the request of the Prime Minister or the Corsican Assembly. It leads and coordinates the actions of national companies in Corsica in order to carry out industrial projects of regional interest.

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Article L4424-31 of the French General Code of Local Authorities

The territorial collectivity of Corsica determines and implements, within the framework of the sustainable planning and development plan, the guidelines for the development of tourism on the island. It defines, implements and evaluates Corsica’s tourism policy and the promotional actions it intends to carry out. It collects, processes and disseminates data relating to tourism activity in Corsica. It coordinates public and private initiatives in the fields of tourism development, promotion…

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Article L4424-32 of the French General Code of Local Authorities

I A. – The designation of the tourist communes mentioned in articles L. 133-11 and L. 134-3 of the Tourism Code is granted, by decree of the President of the Executive Council of Corsica taken for a period of five years, at the request of the commune or the public establishment of inter-communal cooperation competent in tourism matters and after consultation of the sites council and the departmental commission competent…

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Article L4424-33 of the French General Code of Local Authorities

The territorial collectivity of Corsica determines, within the framework of the sustainable planning and development plan, the broad guidelines for the island’s agricultural, rural and forestry, fisheries and aquaculture development. An agreement between the State and the territorial collectivity of Corsica sets out the conditions for the implementation by the territorial collectivity of Corsica of its agricultural guidelines. To this end, it has at its disposal the Office for Agricultural…

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Article L4424-34 of the French General Code of Local Authorities

The territorial collectivity of Corsica ensures the implementation of continuing vocational training actions under the conditions laid down for the regions in articles L. 214-12 to L. 214-16 of the Education Code. It draws up the regional plan contract for the development of vocational training and guidance with the State and the local authorities concerned. This plan contract is signed by the President of the Executive Council of Corsica on…

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