Section 2: Revenue

The financial burdens resulting for the territorial collectivity of Corsica from the competences transferred in application of the present title shall be the subject of an allocation by the State of resources of an equivalent amount.

The resources allocated shall be equivalent to the expenditure incurred on the date of the transfer by the State in respect of the competences transferred.

For the evaluation of the financial compensation for the investment costs transferred in application in particular of articles L. 4424-4, L. 4424-7, L. 4424-22 and L. 4424-23 of the present code, as well as article L. 722-17 of the education code, the resources allocated to the Corsican territorial collectivity are equivalent to the updated average of the credits previously allocated to the State budget for investments carried out or subsidised over the five years preceding the transfer of competence.

However:

-for the assessment of the financial compensation for the costs transferred in application of article L. 4424-24, the resources allocated to the territorial collectivity of Corsica are equivalent to the updated average of the appropriations previously devoted by the Société nationale des chemins de fer français to the maintenance of the Corsican rail network over the five years preceding the transfer of the latter;

-For the assessment of the financial compensation for the revenues, costs and related obligations transferred pursuant to articles L211-2 and L223-3 of the new Forestry Code, the resources allocated to the Corsican territorial collectivity are determined by an agreement between the State, the Corsican territorial collectivity and the Office national des forêts, and calculated on the updated average of the appropriations required to ensure the balance of the accounts of the Office national des forêts in Corsica relating to the management of the property transferred over the last ten years prior to the transfer, less the expenditure remaining to be borne by the State and the Office national des forêts after the transfer.

The amount is established by a joint order of the minister responsible for the interior and the minister responsible for the budget, following the opinion of a commission chaired by the president of the regional audit chamber and comprising, in equal numbers, representatives of the State and the territorial collectivity of Corsica.

The costs mentioned in the first paragraph are compensated by the transfer of State taxes and by the allocation of budgetary resources.

These resources are free to be allocated and evolve in the same way as the overall operating allocation. This change does not apply from 2009.