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Article 721-9 of the French Cinema and Moving Image Code

Exceptions to the 50% threshold may be granted by the President of the Centre national du cinéma et de l’image animée, up to a limit of 60% and upon a reasoned request from the foreign sales company, for difficult or low-budget cinematographic works.A difficult work is a director’s first or second work. A low-budget work is one whose final production cost is less than or equal to €1,250,000.

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