Section 4: Lapse of financial assistance

Unless otherwise specified, decisions to grant financial assistance shall automatically lapse on expiry of a period of four years if all or part of the assistance has not been paid because the beneficiary has failed to comply with an obligation laid down in this general regulation, the text establishing the assistance or, where applicable, the assistance agreement, in particular because the assistance agreement has not been signed or the required…

Unless otherwise stipulated, decisions to award financial assistance are subject to the project or expenditure being completed within four years.

The periods mentioned in articles 121-7 and 121-8 run from the last award decision signed by the President of the Centre national du cinéma et de l’image animée which, depending on the case, may be an award decision, a costing decision or an aid agreement.