The cinematographic or audiovisual works for which the occurrence of a loss may give rise to the allocation of aid from the compensation fund meet the following conditions:
1° Be eligible, depending on the case, for financial aid for the production of feature-length cinematographic works, the production of audiovisual works or the production of short-length cinematographic or audiovisual works;
2° Be produced :
a) Either solely by one or more production companies established in France, or as part of an international co-production in which the French share of the financing is the largest, subject to the provisions of b ;
b) Or as part of an international co-production eligible for aid under an intergovernmental agreement referred to in Article 711-1 or an administrative agreement referred to in Article 711-2, provided that the State concerned by the agreement has set up an aid fund similar to the compensation fund provided for under the provisions of this chapter. The State concerned by the agreement means the State with which the agreement was concluded or the State of the body with which the agreement was concluded. The condition stipulated in a that the French participation in the financing is the largest does not apply to works produced within this framework.