French anti-gift regulation is now complete!
24 August 2020
The two long-awaited orders of the French anti-gift regulation were finally published on 14 August 2020 (see our previous blog post: Decree on French anti-gift regulation published):
- Order of 7 August 2020 setting the amounts from which an agreement provided for in Article L1453-8 of the Public Health Code and specifying the granting of benefits subject to authorisation sets out the thresholds that determine whether an agreement providing for the granting of benefits is subject to prior authorisation.
- Order of 7 August 2020 setting the amounts from which benefits in kind or in cash are considered to be of negligible value pursuant to Article L1453-6 4° of the Public Health Code defines the notion of “negligible value” with respect to benefits.
As a result of the publication of these two orders, the anti-gift regulation is now considered fully implemented. The new rules will enter into force on 1 October 2020.
This post was originally co-authored by Jeanne Fabre & Eveline Van Keymeulen.
A similar version of this post will be published by the same authors in Practical Law – Life Sciences, September 2020 Issue (Thomson Reuters).