#2000-916Conversion of Legal Amounts from Francs to Euros in French Laws
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This law converts amounts expressed in French francs to euros in various French legislative texts. It affects financial transactions, fines, taxes, and other legal financial figures, ensuring they are updated to the euro currency, impacting businesses, government agencies, and individuals involved in legal and financial practices.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Conversion of monetary figures from francs to euros across legal texts
- Application of euro values in civil, penal, commercial, social, and administrative matters
- Implementation of conversion in overseas French territories
Obligations
What this law requires
Replace all franc amounts in legislative texts with corresponding euro amounts according to conversion tables in Annexes I-V
Replace franc amounts in fines and pecuniary sanctions with euro amounts per Annex I conversion table; for amounts not listed, use the euro equivalent of the next lower amount in the table
Update the General Tax Code (Code général des impôts) articles listed in Annex IV by replacing franc amounts with specified euro amounts
Update the Customs Code amounts by replacing franc values in Annex V column 2 with corresponding euro amounts in column 3
Replace references to 'franc français' with 'euro' in Article 266(1bis) of the General Tax Code regarding exchange rate references