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Decree No. 2013 - 1120 4 December 2013 For The Jobs Of The Participation Of Employers In The Construction Effort Made For The Purposes Of Article L. 313 - 3 Of The Code Of Construction And Housing

Original Language Title: Décret n° 2013-1120 du 4 décembre 2013 relatif aux emplois de la participation des employeurs à l'effort de construction pris pour l'application de l'article L. 313-3 du code de la construction et de l'habitation

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Information on this text

Summary

The building and housing code is amended.

Keywords

EQUALITY, SPECIFIC,


JORF n°0284 of 7 December 2013 page 19977
text No. 16



Decree No. 2013-1120 of 4 December 2013 on the employment of employers in the construction effort taken for the purposes of Article L. 313-3 of the Construction and Housing Code

NOR: ETLL1317295D ELI: https://www.legifrance.gouv.fr/eli/decret/2013/12/4/ETLLL1317295D/jo/texte
Alias: https://www.legifrance.gouv.fr/eli/decret/2013/12/4/2013-1120/jo/texte


Publics concerned: social housing economic union (UESL), registered collectors, inter-professional housing committees (CIL) ; social housing organizations beneficiaries of the aids distributed as part of the employer's participation in the construction effort (PEEC) in the form of loans and debt securities.
Subject: introduction of the possibility of using variable interest rates for certain aids distributed under the PEEC.
Entry into force: the text comes into force on the day after its publication.
Notice: PEEC, mandatory investment of companies of at least 20 employees, is collected mainly by the CIL. The PEEC aids, known as "jobs", are mainly distributed by the EUSL and the CIL. The rules for the use of jobs, including the characteristics of loans distributed by the ILCs to social housing organizations, are set by regulation. This decree provides that the interest rates of social and intermediate housing loans, issued by the CIL or debt securities (bonds) of social housing organizations subscribed by the CIL, may be fixed or revisable according to the rate of booklet A. This revisable interest rate option is introduced to reflect the variability of the rate of the loan made by the SEU to the savings fund managed by the Caisse des dépôts et consignations.
References: the building and housing code Amended by this decree can be consulted, in its drafting, on the website Légifrance (http://www.legifrance.gouv.fr).
The Prime Minister,
On the report of the Minister of Land Equality and Housing,
Vu le building and housing codeincluding articles L. 313-3, R. 313-20-2 and R. 313-20-3;
In view of the evidence that the consultation provided for in Article L. 313-3 of the same code was conducted;
Considering the advice of the Local Finance Committee (the Standards Assessment Advisory Board) dated 25 July 2013;
The State Council (section of public works) heard,
Decrete:

Article 1 Learn more about this article...


In chapter III of title I of Book III of the Construction and Housing Code (regulatory portion), section 2 subsection 3 is amended as follows:
1° Section R. 313-20-2 is amended as follows:
(a) In I, the 2° c is replaced by the following:
"(c) The interest rate of these loans may be fixed or revisable.
"When the rate is fixed, it does not exceed a ceiling rate equal to the rate of pound A in effect on December 31 of the year before the loan agreement was signed, reduced by one point. This ceiling rate is set at 1%, if the rate of pound A, at that same date, reduced by one point, is less than 1%.
"When the rate is revisable, it does not exceed a ceiling rate equal to the rate of pound A, reduced by one point. The rate of the loan, determined at the conclusion of the loan according to the rate of the booklet A then applicable, is revised based on changes in the rate of pound A, without being able to lead to a rate below 0.25%.
"The interests of the loans are paid at least annually, at the end expired; » ;
(b) In II, the 3° is replaced by the following:
« 3° The interest rate of these loans may be fixed or revisable.
"When the rate is fixed, it does not exceed a ceiling rate equal to the rate of pound A in effect on December 31 of the year before the loan agreement was signed, reduced by one point. This ceiling rate is set at 1%, if the rate of pound A, at that same date, reduced by one point, is less than 1%.
"When the rate is revisable, it does not exceed a ceiling rate equal to the rate of booklet A reduced by one point. The rate of the loan, determined at the conclusion of the loan according to the rate of the booklet A then applicable, is revised based on changes in the rate of pound A, without being able to lead to a rate below 0.25%. » ;
(c) In III, the 3rd is replaced by the following:
« 3° The interest rate of these loans may be fixed or revisable.
"When the rate is fixed, it does not exceed a ceiling rate equal to the rate of pound A in effect on December 31 of the year before the signing of the loan agreement. This ceiling rate is set at 1%, if the rate of pound A at that same date is less than 1%.
"When the rate is revisable, it does not exceed a ceiling rate equal to the rate of pound A. The rate of the loan, determined at the conclusion of the loan according to the rate of the booklet A then applicable, is revised based on changes in the rate of pound A, without being able to lead to a rate below 0.25%. » ;
(d) In VI, the 2° is replaced by the following:
« 2° The interest rate of these debt securities may be fixed or revisable.
"When the rate is fixed, it does not exceed a ceiling rate equal to the rate of Booklet A effective December 31 of the year prior to the issuance of the securities, reduced by one point. This ceiling rate is set at 1%, if the rate of pound A is less than 1%.
"When the rate is revisable, it does not exceed a ceiling rate equal to the rate of pound A, reduced by one point. The rate of the loan, determined at the conclusion of the loan according to the rate of the booklet A then applicable, is revised based on changes in the rate of pound A, without being able to lead to a rate below 0.25%.
"The interests of these securities are paid at least annually, at the end expired. » ;
2° In R. 313-20-3, the 4° is replaced by the following:
« 4° The interest rate of these loans may be fixed or revisable.
"When the rate is fixed, it does not exceed a ceiling rate equal to the rate of pound A in effect on December 31 of the year before the loan agreement was signed, reduced by two points. This ceiling rate is set at 0.5 per cent, if the rate of pound A is reduced by two points, is less than 0.5 per cent.
"When the rate is revisable, it does not exceed a ceiling rate equal to the rate of pound A, reduced by two points. The rate of the loan, determined at the conclusion of the loan according to the rate of the booklet A then applicable, is revised based on changes in the rate of pound A, without being able to lead to a rate below 0.25%. »

Article 2 Learn more about this article...


The Minister of Economy and Finance, the Minister of Land and Housing Equality and the Minister Delegate to the Minister of Economy and Finance, responsible for the budget, are responsible, each with respect to it, for the execution of this Order, which will be published in the Official Journal of the French Republic.


Done on 4 December 2013.


Jean-Marc Ayrault


By the Prime Minister:


Minister of Equality of Territories

and housing,

Cécile Duflot

Minister of Economy and Finance,

Pierre Moscovici

Minister Delegate

to the Minister of Economy and Finance,

Budget Officer

Bernard Cazeneuve


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