Chapter II: Placement and support for jobseekers.

The institution's budget comprises four non-fungible sections, each of which must be balanced:

1° The "Unemployment Insurance" section covers expenditure on the insurance benefits provided for in Section 1 of Chapter II of Title II of Book IV of this Part, which are paid on behalf of the managing body of the unemployment insurance scheme, as well as the social security contributions relating to these benefits under the conditions provided for by the laws and regulations in force, and revenue on a contribution from the managing body of the unemployment insurance scheme provided for in Article L. 5422-20 to ensure that the budget is balanced;

2° The "Solidarity" section covers expenditure on allowances and assistance paid on behalf of the State, as well as social security contributions relating to these allowances under the conditions laid down by the laws and regulations in force, and revenue from a contribution from the State to ensure equilibrium;

3° La section " Intervention " comporte en dépenses les dépenses d'intervention concourant au placement, à l'orientation, à l'insertion professionnelle, à la formation et à l'accompagnement des demandeurs d'emploi ;

4° The "Operating and Investment" section includes expenditure on personnel and operating costs, financial and exceptional expenses and capital expenditure.

These last two sections are financed by a contribution from the State and a contribution from the body managing the unemployment insurance scheme under the conditions set out in Article L. 5422-24 , as well as, where applicable, subsidies from local authorities and other public bodies and income received for services rendered, any other income authorised by the laws and regulations in force, financial income and exceptional income.

The institution may also create any other section on behalf of third parties.

The contribution from the State and the contribution from the managing body of the unemployment insurance scheme are set at a level compatible with the pursuit of the institution's activities, taking into account developments in the labour market.

The institution is authorised to invest its available funds under conditions set by the ministers responsible for employment and the budget.