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2001/89/EC: Commission Decision of 23 June 1999… Article 3

Article 3

France shall cooperate fully in monitoring the implementation of this Decision and shall transmit the following documents to the Commission: (a) A detailed report by the French authorities on application of the Commission Decision, implementation of the restructuring plan and privatisation of the bank. The report shall in particular: - examine the viability of Crédit Foncier de France by presenting detailed results in relation to the estimates contained in the plan, - give details of any government assistance to Crédit Foncier de France (by way of recapitalisation, finance, guarantees, etc.), - analyse in detail developments in the process of selling Crédit Foncier de France. This report shall be submitted to the Commission every six months following the date of notification of this Decision and for the last time after Crédit Foncier de France has been privatised; (b) The balance sheets, profit and loss accounts and reports (annual and half-yearly) adopted by the Board of Directors of Crédit Foncier de France. The Commission may request that these documents and implementation of the plan be evaluated by means of specialised audits. If so, the French authorities and Crédit Foncier de France shall cooperate in the performance of those audits.

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Other provisions in 2001/89/EC: Commission Decision of 23 June 1999…

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 3 of 2001/89/EC: Commission Decision of 23 June 1999… (LawPlayer, data as of 2026-07-04)

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