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Chapter III: Provisions relating to automatic aid in the form of investment allowances

Article 123-1 of the French Cinema and Moving Image Code

For the allocation of automatic financial aid in the form of investment allowances, an account known as an “automatic account” is opened in the name of each beneficiary in the accounts of the Centre national du cinéma et de l’image animée. The sums representing the automatic financial assistance to which the account holder is entitled are entered in this account. The entry of these sums in the account does not…

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Article 123-2 of the French Cinema and Moving Image Code

The automatic accounts are known as: 1° For the allocation of automatic financial aid for the production and preparation of long-term cinematographic works: “compte automatique production cinéma”; 2° For the allocation of automatic financial aid for cinematographic distribution: ” compte automatique distribution cinéma “; 3° Pour l’attribution d’une aide financière automatique à la création et à la modernisation des établissements de spectacles cinématographiques : ” compte automatique exploitation cinéma “;…

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Article 123-6 of the French Cinema and Moving Image Code

By decision of the Chairman of the Centre national du cinéma et de l’image animée, the sums entered in an automatic account may be carried over to another automatic account exclusively in the event of a complete takeover of the activity concerned by the holder of this other account.As regards automatic financial aid for the production of audiovisual works and automatic financial aid for the promotion of cinematographic works abroad,…

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Article 123-10 of the French Cinema and Moving Image Code

If the holder of an automatic account no longer satisfies the conditions of eligibility for automatic financial assistance, the automatic account will be closed after the holder has been invited to submit his/her observations. The automatic account will also be closed if the holder ceases to be active after exercising, where applicable, the option permitted by the provisions of Article 123-7.

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