French General Code of Local Authorities
In forceThe share of the equalisation allowance for the regions mentioned in Article L. 4332-8 received by the overseas regions is determined by applying to the total amount of the equalisation allowance three times the ratio between the population of the overseas regions, as resulting from the last general census, and the population of all the regions and the territorial collectivity of Corsica. The amount of this quota may not, however, increase by more than 2.5% compared with the amount for the previous year.
This share is divided between the overseas regions:
1° Half, in proportion to the relative difference between the average per capita tax resource indicator of all the regions and the territorial collectivity of Corsica and the per capita tax resource indicator of each collectivity, weighted by its population.
In 2012, the amount of the equalisation grant for each overseas region is equal to the amount received in 2011;
2° For half, in proportion to their total expenditure recorded in the administrative account relating to the penultimate financial year.
