French Monetary and Financial Code
In forceI.- Subject to the provisions of II and III, the provisions of the articles mentioned in the left-hand column of the following table shall apply in French Polynesia, in the wording indicated in the right-hand column of the same table:
Articles applicable | In the wording resulting from |
|---|---|
L. 330-1 with the exception of 1° of I and L. 330-2 | Law no. 2021-1308 of 8 October 2021 |
L. 330-3 | Order no. 2009-866 of 15 July 2009 |
L. 330-4 | Order no. 2017-1252 of 9 August 2017 |
II.-For the application of I:
1° References to safeguard, receivership or compulsory liquidation proceedings are replaced by references to locally applicable provisions having the same effect;
2° References to EU Regulations No 648/2012 of the European Parliament and of the Council of 4 July 2012 and No 909/2014 of the European Parliament and of the Council of 23 July 2014 are replaced by references to Articles L. 712-7 and L. 712-9.
III.For the application of the articles mentioned in the table above, in Article L. 330-1:
1° In the first paragraph of I, the words: "within the meaning of Directive 98/26/EC of the European Parliament and of the Council of 19 May 1998 on settlement finality in payment and securities settlement systems" are deleted;
2° After the words: After the words: "the opinion of the Banque de France", the words: "and the Institut d'émission d'outre-mer" are added;
3° In 10° of II, the words: "or an equivalent authority in another Member State of the European Union or party to the Agreement on the European Economic Area" are deleted.
