French Cinema and Moving Image Code
In force
In the case of a co-production, where a production company that is not a delegated production company has applied to invest the sums entered in its automatic account and, subsequent to this application, no longer meets the conditions of eligibility for automatic financial assistance, these sums may be allocated to the delegated production company or, depending on the agreements between them, to the two delegated production companies acting jointly in this capacity, provided that the company concerned transfers all of its producer shares and waives all rights to the box office receipts of the work.
When two companies act jointly as delegated production companies and one of them no longer meets the eligibility conditions for automatic aid, the sums may be allocated to the other delegated production company, subject to the same proviso as in the previous paragraph.
Notwithstanding 2° of Article 211-59, when the sums have already been paid into the bank account opened in the name of the cinematographic work in accordance with article 211-46, they shall not be repaid.
Entitlement to the provisions of the previous paragraphs is subject to a decision by the President of the Centre national du cinéma et de l'image animée based on the date of signature of the co-production contracts, the state of progress of the production of the work and the conditions of its financing.
Article 123-12
French Cinema and Moving Image CodeIn force
Updated 8 Nov 2023
