Article L261-3 of the French Cinema and Moving Image Code
A financial penalty may be imposed by the Minister responsible for culture on the transferring producer in the event of failure to comply with the notification obligation set out in Article L. 261-1. Before imposing a financial penalty, the Minister for Culture notifies the objections to the transferring producer, who has a period of fifteen working days in which to submit written observations. The amount of the fine may not…