French Cinema and Moving Image Code

Advances on the sums calculated may be granted subject to ceilings. The ceilings are calculated by applying a coefficient to the amount of the sums entered in the automatic cinema exhibition account opened in respect of the establishment concerned during the twelve months preceding the allocation of the advance.This coefficient is set according to the amount of the tax provided for in the article L. 115-1 du code du cinéma…

The ceilings may be increased in the case of substantial restructuring or renovation work on establishments, as well as in the case of new establishments, provided that the establishments are small or medium-sized businesses.

The amount of the increased advance may not exceed six times the amount of the sums entered in the automatic cinema operating account of the establishment benefiting from the advance during the twelve months preceding the application. However, this amount may be calculated on the basis of the sums entered in the automatic cinema operating accounts of several establishments, up to a limit of three, provided that these are located…

The decision to grant an increased advance is taken on the advice of a committee of experts made up of five members appointed for a renewable period of three years.

When a cinema integrated into a circuit is transferred to another circuit during the amortisation period of an advance, the repayment of this advance continues to be charged to the automatic cinema operating accounts opened for the establishments grouped together in its initial circuit.In the event of the transfer of a cinema not integrated into a circuit, the sums entered in the automatic cinema operating account of the new owner…

The advance is subject to an agreement with the beneficiary.