Subsection 3: Mandates entrusted with the execution of expenditure and the collection of revenue (articles D. 1611-32-10 to D. 1611-32-13)

The provisions of this sub-section set out the accounting and financial terms and conditions for mandates entrusted pursuant to Article L. 1611-7-2.

Articles D. 1611-19, D. 1611-20, D. 1611-22, D. 1611-23, D. 1611-24, D. 1611-26, D. 1611-32-2, D. 1611-32-5 and D. 1611-32-6 are applicable to mandates entrusted pursuant to Article L. 1611-7-2.

The mandate given pursuant to Article L. 1611-7-2 shall specify in particular: 1° The nature of the transactions to which the mandate relates; 2° The duration of the mandate and the conditions under which it may be terminated; > The powers of the agency 3° The powers of the authorised body; 4° The conditions under which the funds required for the expenditure are made available to the authorised body; >…

The authorised body shall submit the accounts provided for in article D. 1611-22 at least once a year. This presentation shall take place within a timeframe that allows the principal’s public accountant to produce his management or financial account. The accounts produced by the agent shall show all expenditure and revenue transactions. The accounts produced by the agent show all expenditure and revenue transactions described by type, without any distinction…