Richardson: Court May Rule In Favour Of Collectivité But ‘Battle With State Not Over’
~ Compensation owed is over 100 million euros ~
MARIGOT--Former President of the Territorial Council Alain Richardson has cautioned he expects the State to fight “tooth and nail†to reduce what is owed if the Constitutional Court agrees the Collectivité never received just compensation for the transfer of competences at the time of the change of status in 2007.
He explained the organic law stipulated transfer of competences must be done in “financial neutrality,†meaning from day one transfers and financial means must come at no cost to the Collectivité.
But it turned out total revenues were exceeding costs of compensation by 634,000 euros that resulted in the negative balance arrived at by the Commission d’ Evaluation des Charges Read more
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