CHAPTER III: Expenditure

The local authority depreciates its fixed assets, including those made available or assigned: 1° Intangible; 2° Tangible, with the exception of road networks and installations for which depreciation is optional. This depreciation does not apply to fixed assets owned by the local authority that are handed over on assignment or at disposal, nor to land and land improvements other than deposit land, nor to collections and works of art. The…

For the application of 20° of Article L. 3321-1, the constitution of provisions for risks and charges and for depreciation of assets is mandatory as soon as the risk arises. The President of the Territorial Council must set aside the provision for the amount of the risk identified. The provision must be adjusted annually according to changes in the risk. It shall be written back when it has become irrelevant,…

For the application of 8° of article L. 3332-2, the local authority may neutralise the depreciation charge for equipment subsidies paid and for administrative and school buildings, less the amount of the annual write-back of equipment subsidies received to finance these facilities, by means of an expenditure in the investment section and a revenue in the operating section. For the application of 9° of article L. 3332-2, the local authority…

Articles D. 2321-8 to D. 2321-16 shall apply to the collectivity of Saint-Barthélemy.