French Sports Code
In forceI. - The draft budget is sent by the Director General to the Ministers for Sport and the Budget at least fifteen days before it is presented to the Board of Directors of the institution.
II. - The Board of Directors votes for the budget to be in real balance.
III. - At the meeting of the Board of Directors, the Director of Sport may decide that the budget is subject to approval by the Minister for Sport and the Minister for the Budget in the following cases:
1° The draft budget has not been communicated within the timeframe set out in I;
2° The budget does not balance in real terms;
3° The budget does not include the appropriations required to meet the obligations and commitments of the establishment;
4° The employment ceiling set by the State is not respected.
IV. - In the event that the budget is not subject to approval in application of III, it is enforceable from the time it is communicated to the Minister responsible for Sport.
V. - If the budget is subject to approval in application of III, approval is deemed to have been granted if it is not refused within one month of the budget deliberations being forwarded to the competent ministers.
If approval is refused, the Board of Directors shall deliberate again on the budget within one month of being notified of the refusal. The new deliberation is subject to approval.
If no new deliberation takes place within one month, or if the irregularities that led to the refusal of approval have not been remedied by the new deliberation, the budget is approved by the Minister for Sport and the Minister for the Budget.
