Question 35212 — payment methods

Summary

Mr. Gérard Leseul draws the attention of the Minister of the Economy, Finance and Recovery to the use by local authorities of complementary local currencies. Although the law on the social and solidarity economy (ESS) of July 2014 introduced the title of complementary local currency into the monetary and financial code, the current French legal framework does not allow optimal use of these currencies by communities. These can certainly accept payments in local currency and ensure that some of their payments can be received in local currency by their recipients, but they can neither collect nor disburse means of payment in local currency. Decree No. 2012-1246 of November 7, 2012 provides that the acceptable means of payment are those provided for by the monetary and financial code. But the decree of December 24, 2012, which establishes the restrictive list of means and payment instruments acceptable to public authorities, has not been revised following the modification of the monetary and financial code by the introduction of complementary local currency securities in 2014. This lack of revision currently prevents local authorities from having an account in local currency, which could then be debited or credited according to their income and expenses made with these means of payment. Paying treasurers are also unable to open and manage a local currency account for communities that wish to do so. Convinced that the use of complementary local currencies by communities could be a powerful lever for economic recovery of territories from an ecological and sustainable perspective, he would like to know its position on possible regulatory developments facilitating this system.

Machine translation from French. The official text remains authoritative.

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