Article 123-12 of the French Cinema and Moving Image Code
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…