3RVLWLRQQHPHQW3,3
&HWWHIRQFWLRQYRXVSHUPHWGHPRGLILHUOH
SRVLWLRQQHPHQWG¶DIILFKDJHGHO¶pFUDQ3,3
9RXVSRXYH]PRGLILHUODSRVLWLRQGHO¶pFUDQ
3,3GDQVOHVHQVGHVDLJXLOOHVG¶XQHPRQWUHHQ
DSSX\DQWVXUODWRXFKH3RVORUVTX¶XQHLPDJH
3,3HVWjO¶pFUDQ
$XWUHVIRQFWLRQVG¶LPDJH
=RRP
$SSX\H]VXUODWRXFKH=220GHYRWUH
WpOpFRPPDQGHORUVGHODYLVXDOLVDWLRQ
G¶XQHpPLVVLRQSRXUDFWLYHUFHWWH
IRQFWLRQ/¶LPDJHHVWDJUDQGLHHQWURLV
pWDSHVDYHFXQHRULHQWDWLRQFHQWUDOH
3RXUYRXVGpSODFHUGDQVO¶LPDJH
GDQVFHPRGHXWLOLVH]OHVWRXFKHV
GLUHFWLRQQHOOHVKDXWEDVRXJDXFKH
GURLWHGHYRWUHWpOpFRPPDQGH
5HPDUTXH/HPRGH=RRPQH
IRQFWLRQQHSDVDYHFOHVpPLVVLRQV
GHW\SH.203+'0,3&/HPRGH=RRPHVW
DQQXOpVLYRXVFKDQJH]GHSURJUDPPHRX
DFWLYH]OHPRGHWpOpWH[WH
)UHH]HDUUrWVXULPDJH
&HWWHIRQFWLRQYRXVSHUPHWGHILJHU
XQHLPDJHORUVTXHYRXVUHJDUGH]XQ
SURJUDPPH3RXUFHIDLUHDSSX\H]
VXUODWRXFKH)5((=(GHYRWUH
WpOpFRPPDQGH/¶LPDJHVHUDILJpHMXVTX¶jFH
TXHYRXVUpDSSX\LH]VXUODWRXFKHXQHVHFRQGH
IRLV
8WLOLVDWLRQGHOD)RQFWLRQ3,3
,PDJH,QFUXVWpH
$SSX\H]VXUODWRXFKH3,3VXUYRWUH
WpOpFRPPDQGH/¶pFUDQ3,3V¶DIILFKH(Q
IRQFWLRQGHODVRXUFHFKRLVLHXQHIHQrWUH
V¶RXYULUDjO¶LQWpULHXUGHO¶LPDJHSULQFLSDOH
DYHFXQVRXVpFUDQ9RXVSRXYH]EDVFXOHU
GHQRXYHDXHQPRGH3$3HQDSSX\DQWVXU
ODWRXFKH3,3XQHQRXYHOOHIRLV9RXVSRXYH]
XWLOLVHUOHVERXWRQJDXFKHGURLWHSRXUFKDQJHU
ODVRXUFHGDQVO¶pFUDQ3,3ORUVTXHYRXVYRXV
WURXYH]HQPRGH3,3RX3$39RXVSRXYH]
XWLOLVHUOHVWRXFKHVKDXWEDVSRXUFKDQJHUOHV
FKDvQHV
5HPDUTXH'HX[FKDvQHVGLIIpUHQWHVGX
7XQHUQHSHXYHQWSDVrWUHDIILFKpHVGDQVO¶pFUDQ
3,36HXOHVOHVpPLVVLRQVGHVRXUFHH[WHUQH
SHXYHQWrWUHDIILFKpHVGDQVO¶pFUDQ3,3
5HPDUTXH(WDQWGRQQpTXHOHVVRXUFHV
H[WHUQHVFRPPHOHVUpFHSWHXUVVDWHOOLWH
QHSHXYHQWpPHWWUHTX¶XQVHXOFDQDOVXUOH
WpOpYLVHXUELHQTX¶LOVHQUHoRLYHQWSOXVLHXUV
OHVDXWUHVFDQDX[UHoXVSDUGHVGLVSRVLWLIV
VLPLODLUHVQHSHXYHQWSDVrWUHDIILFKpVVXU
O¶pFUDQ3,3
5HPDUTXH+'0,Q¶HVWSDVVpOHFWLRQQDEOH
GDQVO¶pFUDQ3,3ORUVTXH+'0,HVWDIILFKpVXU
O¶pFUDQSULQFLSDO
5HPDUTXH/HVWRXFKHVGLUHFWLRQQHOOHV
GURLWHHWJDXFKHQHFRQWU{OHQWSDVOHYROXPH
HQPRGH3,33$3HW3$7(OOHVSHXYHQW
XQLTXHPHQWrWUHXWLOLVpHVSRXUPRGLILHUOD
VRXUFH
7DLOOH3,3
&HWWHIRQFWLRQYRXVSHUPHWG¶DXJPHQWHUHW
UpGXLUHODWDLOOHGHODIHQrWUH3,39RXVSRXYH]
PRGLILHUODWDLOOHGHO¶pFUDQ3,3HQDSSX\DQW
VXUODWRXFKHVL]HORUVTX¶XQHLPDJH3,3HVWj
O¶pFUDQ
0RGLILFDWLRQGHV
HPSODFHPHQWVGHODIHQrWUH
SULQFLSDOHHWGHODIHQrWUH3,3
/RUVTX¶XQHVRXVIHQrWUHHVWRXYHUWHGHYDQW
ODIHQrWUHSULQFLSDOHYRXVSRXYH]EDVFXOHUOHV
HPSODFHPHQWVGHODIHQrWUHSULQFLSDOHHWGHOD
VRXVIHQrWUHHQDSSX\DQWVXUODWRXFKH6:$3
GHODWpOpFRPPDQGH
0RGH3$7
$YHFFHWWHIRQFWLRQYRXVSRXYH]VXLYUHOHV
pPLVVLRQV7pOpWH[WHVLPXOWDQpPHQWDYHFOH
SURJUDPPHGLIIXVpWDQWTXHFHSURJUDPPH
SUpVHQWHXQHWUDQVPLVVLRQ7pOpWH[WH3RXUFH
IDLUHDSSX\H]VXU7;7SXLVVXUOHVWRXFKHV
DYHFXQFDQDOpPHWWDQWGXWpOpWH[WH/¶pFUDQ
VHUDGLYLVpHQGHX[ODSDUWLHGHJDXFKHDIILFKDQW
OHSURJUDPPHYLVXDOLVpODSDUWLHGHGURLWHOH
7pOpWH[WH6LYRXVYRXOH]TXLWWHUOHPRGH3$7
DSSX\H]VXUODWRXFKH