French Commercial code
In forceI.-The fees of the statutory auditor are borne by the person or entity whose accounts it is responsible for certifying.
These fees are set in accordance with procedures determined by decree in the Conseil d'Etat.
II.-Where the statutory auditor provides to a public interest entity whose accounts it is responsible for certifying, or to the person that controls it or that is controlled by it within the meaning of I and II of Article L. 233-3, services other than the certification of accounts, the total fees invoiced for these other services are limited to 70% of the average fees invoiced over the last three financial years for the statutory audit of the accounts and consolidated financial statements of the public interest entity and, where applicable, the person that controls it or is controlled by it.
Services other than the certification of accounts that are required by Union legislation or by a legislative or regulatory provision are excluded from this calculation.
The statutory auditor shall also comply with the provisions of Article 4(3) of Regulation (EU) No 537/2014 of 16 April 2014. (1)
III.-The High Council may, at the request of the statutory auditor, exceptionally authorise the statutory auditor to exceed the ceiling provided for in II for a period not exceeding two financial years.
