French Cinema and Moving Image Code
In force
Production companies have two years from the date of notification of the investment authorisation to obtain investment authorisation. For works belonging to the animation genre, this period is four years from the date of notification of the investment authorisation, the specific investment authorisation or the initial authorisation.
At the end of this period, the sums allocated are repaid to the Centre national du cinéma et de l'image animée. However, all or part of the sums allocated shall not be repaid where it can be proven that they were actually paid by the production companies in return for writing work and, for works in the animation genre, graphic design work, carried out by authors who are not also chairmen, directors, managers or administrators of these companies, as well as work corresponding to the expenses mentioned in 4° of article 211-63. <br/>Where sums have been allocated exclusively for investment, the proceeds of the repayment are entered in full in the production company's automatic cinema production account. Where sums have been allocated for both investment and direct allocation, 80% of the outpayment is booked to the production company's automatic film production account when the direct allocation is 25% or two-thirds when the direct allocation is 50%.
Where sums have been allocated as specific investment for certain animated works, the repayment proceeds are entered in equal proportions in each of the automatic film production and audiovisual production accounts.
Article 211-73
French Cinema and Moving Image CodeIn force
Updated 8 Nov 2023
