Subsection 2: Companies authorised to grant certain guarantees

A committee responsible for issuing an opinion on the applications for authorisation referred to in article L. 313-21-1 is placed under the authority of the Minister for the Economy.

The committee comprises the following members 1° Three representatives of the Minister for the Economy, including one member of the Inspectorate General of Finance; 2° Two representatives of the Minister for Employment, including one member of the Inspectorate General of Social Affairs; 3° One representative of the Minister for Small and Medium-sized Enterprises; 4° A representative of the Minister for the Solidarity Economy; 5° A representative of the Minister for…

I. – The application for authorisation referred to in article L. 313-21-1 is submitted to the secretariat of the Committee. A receipt will be issued as soon as all the documents required to examine the application have been received. In its application, the company must submit : 1° A full copy of the entries in the Trade and Companies Register concerning the company; 2° Its skills, past activity and forecasts;…

The Committee monitors compliance with the conditions for authorisation set out in Article R. 518-65. To this end, it receives the annual activity reports of approved companies. The Committee may interview the directors and request any information or documents that may be useful in carrying out its duties.

The Committee may propose to the Minister that any company authorised on the basis of article L. 313-21-1 be sent any recommendation relating to its activity or shareholding.

The Minister responsible for the economy may withdraw approval : 1° Either at the request of the company, giving reasons ; 2° Or ex officio, if the company no longer complies with the conditions to which the authorisation is subject, or the obligations mentioned in Article R. 518-69, or if the company has not made use of its authorisation within a period of twenty-four months or has not been in…

The granting of partial guarantees by companies approved on the basis of article L. 313-21-1 or by companies selected to contribute to the creation of activities or the development of jobs within the framework of an agreement signed with the State in application of articles L. 1233-84 to L. 1233-89 of the Labour Code must meet the following characteristics: 1° Loans granted by credit institutions or finance companies covered by…