French Business Law - French Legislation

Article R121-14 of the French Monetary and Financial Code

November 6, 2023

I. – The general management of La Monnaie de Paris is the responsibility of the Chairman of the Board of Directors, who is appointed under the conditions set out in article 10 of the aforementioned Act of 26 July 1983 and holds the title of Chairman and Chief Executive Officer. The Chairman and Chief Executive Officer prepares, organises and directs the work of the Board of Directors and implements its…

Article R121-15 of the French Monetary and Financial Code

November 6, 2023

The Board of Directors may, on the recommendation of the Chairman and Chief Executive Officer, appoint a Deputy Chief Executive Officer to assist the Chairman and Chief Executive Officer. Where appropriate, the Board of Directors shall specify the responsibilities of the Deputy Chief Executive Officer and determine his term of office. If the Chairman and Chief Executive Officer ceases to hold office or is prevented from carrying out his duties,…

Article R121-16 of the French Monetary and Financial Code

November 6, 2023

In terms of financial management and accounting, the public establishment La Monnaie de Paris is subject to the rules applicable to industrial and commercial companies. It keeps its general accounts in accordance with the regulations of the Autorité des normes comptables. It keeps analytical accounts.

Article R121-17 of the French Monetary and Financial Code

November 6, 2023

The institution’s expenditure includes operating costs, expenditure on the acquisition of movable and immovable property, the cost of refurbishment, maintenance and major repairs to the buildings endowed to it and, in general, all expenditure necessary for the performance of its duties.

Article R121-18 of the French Monetary and Financial Code

November 6, 2023

The school’s budget and annual accounts are drawn up for each year from 1st January to 31st December.

Article R121-19 of the French Monetary and Financial Code

November 6, 2023

Unless otherwise decided by the Minister for the Economy, the funds of the public establishment are deposited with an accountant of the Directorate General of Public Finances and do not bear interest.

Article R121-20 of the French Monetary and Financial Code

November 6, 2023

The establishment is subject to economic and financial control under the conditions laid down by decree no. 53-707 of 9 August 1953 relating to State control of national public companies and certain bodies with an economic or social purpose and by decree no. 55-733 of 26 May 1955 relating to the economic and financial control of the State.

Article R122-1 of the French Monetary and Financial Code

November 6, 2023

Subject to the provisions of Decree No. 2001-933 of 12 October 2001 on the perforated marking of Banque de France banknotes denominated in French francs, denominations of the banknotes listed in the annex to Article 1 of Decree No. 2002-192 of 14 February 2002 abolishing the legal tender status of banknotes will be accepted free of charge at the counters of the Banque de France, the Institut d’émission des départements…

Article D122-2 of the French Monetary and Financial Code

November 6, 2023

The rules governing the reproduction of euro banknotes are set out in the Decision of the European Central Bank of 20 March 2003 on the denominations, specifications, reproduction, exchange and withdrawal of euro banknotes (ECB/2003/4).

Article D122-3 of the French Monetary and Financial Code

November 6, 2023

The rules for exchanging mutilated or damaged banknotes are set out in the Decision of the European Central Bank of 20 March 2003 on the denominations, specifications, reproduction, exchange and withdrawal of euro banknotes (ECB/2003/4).

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French Monetary and Financial Code

Article R121-14 of the French Monetary and Financial Code

Article R121-15 of the French Monetary and Financial Code

Article R121-16 of the French Monetary and Financial Code

Article R121-17 of the French Monetary and Financial Code

Article R121-18 of the French Monetary and Financial Code

Article R121-19 of the French Monetary and Financial Code

Article R121-20 of the French Monetary and Financial Code

Article R122-1 of the French Monetary and Financial Code

Article D122-2 of the French Monetary and Financial Code

Article D122-3 of the French Monetary and Financial Code

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French Monetary and Financial Code

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