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Article A712-2 of the French Commercial code

The overall monthly allowance for office expenses that the General Meeting of CCI France and of each territorial and regional chamber of commerce and industry may allocate to the members of its bureau is set within the limits of the following scale: CATEGORY NUMBER OF RESIDENTS INDICATOR POINTS 1 less than 5,000 300 2 5,000 to 9,999 450 3 10,000 to 29,999 600 4 30,000 to 99,999 750 5 100,000…

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Article A712-3 of the French Commercial code

For the application of the scale set out in Article A. 712-2 : 1° CCI France comes under category 5; 2° The local chambers of commerce and industry and the departmental chambers of commerce and industry of Ile-de-France come under the category immediately below that of the territorial chambers of commerce and industry with the same number of nationals. The allowance is voted by the general meeting of the regional…

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Article A712-4 of the French Commercial code

The allowance voted by the general meeting, for a period which may not exceed the term of office, is normally vested in the chairman. However, the executive committee may decide that all or part of this allowance is to be vested in one or more of its other members. In this case, the relevant General Meeting may increase the allowance by a maximum sum equivalent to 150 index points, irrespective…

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Article A712-7 of the French Commercial code

For the operations mentioned in 2° and 3° of article R. 712-7, the threshold below which the approval of the supervisory authority is not required is set at 5% of the operating income entered in the last budget executed by the public establishment of the network of chambers of commerce and industry. However, any operation for an amount greater than or equal to one million euros is subject to the…

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Article A712-8 of the French Commercial code

Any application for a loan authorisation must be accompanied by a presentation of the planned operation and its financing, in accordance with the terms and conditions specified in an intervention standard provided for in 2° of Article L. 711-16.

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Article A712-10 of the French Commercial code

Prior approval from the supervisory authority is required for property leasing transactions, pursuant to 2° of Article R. 712-7, if one of the following two conditions is met: 1° When the amount of the annual rent is greater than or equal to the thresholds defined in article A. 712-7; 2° When the acquisition option is exercised contractually after the expiry of the fifteenth year of the lease.

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Article A712-11 of the French Commercial code

Any application for authorisation to grant a guarantee to a third party shall be accompanied by a presentation of the transaction, in accordance with the procedures specified in a standard of intervention provided for in 2° of Article L. 711-16. .

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