A collective management organisation governed by Title II of Book III is approved under Article L. 133-2 if it:
1° Provides proof, through the composition of its deliberative and governing bodies, of the diversity of its members due to the categories and number of right holders, the economic importance expressed in revenue or turnover and the diversity of publishing genres;
2° Provides proof of the equitable representation of authors and publishers among its members and within its governing bodies;
3° Provides proof, by any means, of the professional qualifications of its managers and corporate officers due to:
a) Their status as authors;
b) Or the nature and level of their diplomas;
c) Or their experience in the publishing sector or in the management of professional bodies;
4° Gives the necessary information relating to:
a) The administrative organisation and conditions of installation and equipment of the body;
b) The means implemented for the collection of statistical data on acquisitions of works by libraries;
c) The means implemented for the collection of remuneration and the processing of the data necessary for the distribution of such remuneration;
d) The financing plan and provisional budget for the three financial years following the application for approval;
5° Indicate the measures it has taken or intends to take to guarantee compliance with the rules for distributing remuneration between authors and publishers, as well as the equitable nature of the distribution within each of these categories.