Paragraph 4: Development allowance and equalisation allowance for overseas municipalities

I. – From 2020, the share of the development grant mentioned in the third paragraph of Article L. 2334-13 and intended for the communes of the overseas departments, New Caledonia, French Polynesia, the territorial collectivity of Saint-Pierre-et-Miquelon and the territorial constituencies of Wallis and Futuna comprises a development grant for the overseas communes and, with regard to the communes of the overseas departments, an equalisation grant. This share is calculated…

Each commune in the overseas departments receives an allocation under the equalisation grant mentioned in III of article L. 2334-23-1 calculated on the basis of its population, multiplied by a synthetic index composed of: 1° The ratio between the per capita financial potential of all the communes in the overseas departments and the per capita financial potential of the commune. The financial potential taken into account includes the amounts collected…