Chapter I: Transport costs

The payment referred to in articles L. 3261-3 and L. 3261-3-1 may take the form of a specific, dematerialised, prepaid payment solution called a “titre-mobilité”. These vouchers are issued by a specialised company, which transfers them to the employer in return for payment of their settlement value and, where applicable, a commission.

The issuer of the mobility voucher opens a bank or post office account into which are paid only the funds it receives in return for the transfer of these vouchers. The amount of the payments is equal to the settlement value of the vouchers put into circulation. Funds from other sources, in particular any commissions received by issuers, may not be paid into the accounts opened pursuant to this article.

The accounts provided for in article L. 3261-6 are cash deposit accounts entitled “mobility voucher accounts”. Subject to the same article L. 3261-6 and to this article, as well as to the decree provided for in article L. 3261-10, they may only be debited to pay for specific goods or services relating to the movement of employees between their usual place of residence and their place of work, provided or…

In the event of the issuer being placed under a safeguard, receivership or compulsory liquidation procedure, employees holding unused but still valid and exchangeable securities on the date of the declaratory judgment may, in priority to any other claim, whether preferential or not, be reimbursed immediately from the funds deposited in the accounts opened in application of article L. 3261-6, the amount of the sums paid for the acquisition of…

Vouchers which have not been presented for reimbursement by an organisation mentioned in article L. 3261-7 before the end of the second month following the expiry of their period of use are definitively expired. Subject to deductions authorised by the decree provided for in article L. 3261-10, the equivalent value of expired vouchers is paid into the social and cultural activities budget of the companies from which the employees obtained…