#2013-1314Decree No. 2013-1314 Regulating Petroleum Prices in French Overseas Departments
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The decree regulates the maximum prices of petroleum products in the French overseas departments of Guadeloupe, Guyana, and Martinique. It mandates that the prefects in these regions set maximum prices for different petroleum products, including gasoline, fuel oil, and liquefied petroleum gas, based on costs incurred by companies and profit margins. These prices are to be updated monthly and can be adjusted anytime to account for changes in taxes or rights. Additional provisions include regulations regarding the transportation and distribution of these products, as well as oversight of storage facilities and annual reporting requirements to ensure compliance with pricing regulations.
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Key Changes
- Monthly price regulation for petroleum products by regional prefects
- Adjustment of prices based on costs, taxes, and market conditions
- Establishment of a price observatory for monitoring and reporting
Obligations
What this law requires
Prefects in Guadeloupe, Guyana, and Martinique must set maximum prices for petroleum products (unleaded supercarburant, diesel, domestic fuel oil, kerosene, heavy fuel oil) calculated based on company costs and capital remuneration or commercial margins.
Prefects must update maximum petroleum product prices on the first day of each month to account for changes in pre-tax prices, and must modify prices at any time to account for variations in duties and taxes.
Prefects must establish refinery exit prices (ex-tax, ex-depot) at identical levels across all three departments based on average import costs calculated from reference quotations over the first 15 business days of the preceding month, insurance costs, freight costs, and refinery company costs.
Wholesalers must submit documents to the prefect justifying actual distribution costs including a summary statement of gross and net assets allocated to regulated fuel distribution activities, to support wholesale margin calculations.
Prefects must set maximum gross and retail distribution margins based on documented distribution costs, with annual modifications permitted based on cost evolution and productivity efforts, and additional modifications allowed within the year for exceptional circumstances.