French Business Law - French Legislation

Article D221-113-5 of the French Monetary and Financial Code

November 6, 2023

I. – The number of employees, turnover and balance sheet total of the company issuing the securities registered in the plan, referred to in a) of 2 of Article L. 221-32-2, are assessed under the conditions defined in Articles 1, 3, 5 and 6 of Annex I to Commission Regulation (EU) No 651/2014 of 17 June 2014 declaring certain categories of aid compatible with the internal market in application of…

Article D221-113-6 of the French Monetary and Financial Code

November 6, 2023

I. – For the application of a, b and c of 3 of article L. 221-32-2, the number of employees, turnover and balance sheet total mentioned in 2 of the same article are determined in accordance with I of article D. 221-113-5. The data used to determine eligibility for the plan are those relating to the last financial year ended prior to the date on which the securities concerned are…

Article D221-113-7 of the French Monetary and Financial Code

November 6, 2023

The provisions of articles 91 quater G to 91 quater K ter of appendix II to the general tax code are applicable to the share savings plan intended for the financing of small and medium-sized companies and companies of intermediate size.

Article D221-121 of the French Monetary and Financial Code

November 6, 2023

I. – Proof of compliance with the conditions mentioned in 1° of article L. 352-1 of the French Forestry Code is provided by producing a copy or notarised certificate of the title to the forests concerned, or an extract from the cadastral matrix concerning these forests, and an undertaking to apply to these forests one of the sustainable management guarantees mentioned in articles L. 124-1 and L. 124-3 of the…

Article D221-122 of the French Monetary and Financial Code

November 6, 2023

Deposits, withdrawals and transfers between the forestry and insurance investment account and the account holder’s current account, as well as the terms and conditions governing interest on the account, are subject to the general regulations applicable to term accounts.

Article D221-123 of the French Monetary and Financial Code

November 6, 2023

When withdrawals are made in order to use the sums under the conditions provided for in the second paragraph of article L. 352-3 of the French Forestry Code, the total amount of these withdrawals may not exceed 30% of the sums on deposit at 1st January of the year in question in any one calendar year.

Article D221-126 of the French Monetary and Financial Code

November 6, 2023

Forest insurance savings accounts remain subject to this section as it stood prior to the entry into force of Decree no. 2015-31 of 15 January 2015 on the forestry investment and insurance account, unless they are converted into a forestry investment and insurance account at the request of their holder, in accordance with Article L. 352-6 of the French Forestry Code.

Article R221-121 of the French Monetary and Financial Code

November 6, 2023

I. – An institution to which an application to open a Livret A passbook account has been made by a person referred to in article L. 221-3 shall remind the applicant that he or she may hold only one Livret A passbook account and of the penalties provided for inarticle 1739 A of the General Tax Code for failure to comply with this obligation. II. – The contract to open…

Article R221-122 of the French Monetary and Financial Code

November 6, 2023

I. – The verification provided for in article L. 221-38 is carried out only after the customer has signed a contract to open a Livret A passbook account with a credit institution. II. – Customers must specify whether they agree or refuse to allow the tax authorities to pass on information relating to any other Livret A savings accounts they may hold to the credit institution referred to in article…

Article R221-123 of the French Monetary and Financial Code

November 6, 2023

I. – The tax authorities will respond to the requesting institution within a maximum of two working days. No A passbook account may be opened before receipt of this reply, failing which the institution will be liable to the penalties set out inarticle 1739 of the General Tax Code. There are three possible scenarios: 1° If the tax authorities reply that the customer has no other Livret A savings account,…

Call Us + 33 1 84 88 31 00

Call Us + 33 1 84 88 31 00

Regulatory part

Article D221-113-5 of the French Monetary and Financial Code

Article D221-113-6 of the French Monetary and Financial Code

Article D221-113-7 of the French Monetary and Financial Code

Article D221-121 of the French Monetary and Financial Code

Article D221-122 of the French Monetary and Financial Code

Article D221-123 of the French Monetary and Financial Code

Article D221-126 of the French Monetary and Financial Code

Article R221-121 of the French Monetary and Financial Code

Article R221-122 of the French Monetary and Financial Code

Article R221-123 of the French Monetary and Financial Code

Contact a French lawyer now

Contact a French Business Lawyer

Do you need French-law advice?
Contact our Lawyers in France.

Call + 33 1 84 88 31 00.

Our attorneys will contact you promptly within 24h. All information exchanged through this website will be communicated to attorneys only, and will remain confidential.

We Solve Legal & Tax Issues in France

Regulatory part

Contact a French lawyer now

Contact a French Business Lawyer

Do you need French-law advice? Contact our Lawyers in France.

Our attorneys will contact you promptly within 24h. All information exchanged through this website will be communicated to attorneys only, and will remain confidential.

We Solve Legal & Tax Issues in France

Useful links

You have a question in French Business Law?

Do you need French-law advice?
Contact our Lawyers in France.