Regies with sole financial autonomy are created, and their administrative and financial organisation determined, by deliberation of the municipal council. They are administered, under the authority of the mayor and the municipal council, by an operating board and a director appointed under the same conditions on the proposal of the mayor.
A decree in the Council of State determines, as necessary, the terms of application of this article as well as the specific terms applicable to the régies created for the operation of services of public interest of an administrative nature.