I.-Any transfer, by a producer subject to the obligation to seek ongoing exploitation provided for inarticle L. 132-27 of the Intellectual Property Code, of one or more cinematographic or audiovisual works, falling within the scope of the agreement provided for in the same article L. 132-27, to a person not subject to the said article L. 132-27 and not having the status of co-producer of the work or works concerned, or any other operation with equivalent effect to a transfer of the right to exploit the works, is subject to notification to the Minister responsible for culture before it is carried out.
The operation referred to in the first paragraph of this article is understood to be that which makes it possible to dispose of the intangible property rights and the property rights over the technical elements necessary for the fixation of the work, defined by decree in the Conseil d’Etat.
II. -Notification is sent by the transferring producer at least six months before the planned completion date of the planned operation.
This notification is accompanied by a file enabling the Minister responsible for culture to ensure that the beneficiary of the operation is in a position, with regard to the human, technical, material and financial resources at its disposal, to seek the continued exploitation of the transferred works under conditions equivalent to those resulting from the application of the agreement provided for in article L. 132-27 of the Intellectual Property Code.
The operation is suspended until the end of the procedure provided for in this section.