Section 3: French Development Agency

At 1 January 2017, the Agency’s endowment amounted to two billion eight hundred and seven million nine hundred and ninety-eight thousand eight hundred and fifty-six euros. This endowment may be increased by the capitalisation of reserves following a decision by the Board of Directors approved by order of the Minister for the Economy. It may also be increased by the allocation of public funds in accordance with the laws and…

The management and administration of the agency are entrusted to a Director General appointed for three years by decree. The Director General represents and commits the agency. He appoints the staff and sets the conditions of their employment. He is empowered to delegate any powers necessary for the running of the agency. He exercises the powers delegated to him by the Board of Directors.

I. – In addition to its Chairman, the Agency’s Board of Directors comprises seventeen members, appointed as follows: 1° Five members representing the State, including : a) Two members appointed by decree on the report of the Minister for the Economy ; b) Two members appointed by decree on the report of the Minister for Cooperation; and c) One member appointed by decree on the report of the Minister for…

The following are submitted to the Agency’s Board of Directors for deliberation: 1° The strategic orientations of the establishment implementing the objectives entrusted to the agency by the State; 2° Approval of the contract of objectives and resources signed with the State; 3° the agreements referred to in article R. 515-12 ; 4° The financial assistance referred to in articles R. 515-9, R. 515-10 and R. 515-11 and the regulations…

I. – The Board of Directors meets in ordinary session at least four times a year, convened by its Chairman. It shall consider any matter placed on its agenda by the Chairman or by the Board acting by a simple majority. It shall also meet at the request of at least one third of its full members. II. – The Board of Directors draws up its own rules of procedure,…