Browse by year:


State Aid

State Aid: Changes to Icelandic Film Support scheme approved

4.7.2012

PR(12)40

Today, the EFTA Surveillance Authority approved changes to the Icelandic Film Support Scheme.


The Icelandic Film Support Scheme entered into force in 1999 and provides that a share of production costs may be reimbursed after production (now 20%).

In December 2011, Iceland notified the Authority of an amendement to the scheme. As this first notification raised some issues, the Icelandic authorities submitted a new notification on 7 June 2012.

The main changes concern the conditions to be met in order for a film to receive the support and an extension of the scheme until 31 December 2016.

In order to benefit from the support scheme, a film must meet a series of conditions under a cultural test. The cultural test the Icelandic authorities have adopted is in line with the Authority's and the European Commission's practice.

The Authority therefore considers that the amended Film Support Scheme complies with the terms of its Guidelines on state aid to cinematographic and other audiovisual works and raises no objections to its implementation.

The Guidelines on aid to cinematographic and other audiovisual works will expire in December 2012 and the Icelandic authorities have committed to review the Film Support Scheme by that date if this is rendered necessary by the adoption of new Guidelines.

A non-confidential version of the Decision will be published in the register of state aid decisions on the Authority's website, normally within a month from the date of the Decision.

 

For further information, please contact:

 

Mr. Trygve Mellvang-Berg
Press & Information Officer
tel. (+32)(0)2 286 18 66
mob. (+32)(0)492 900 187

 

 

 

 




Other EEA Institutions


imgbanner4
This website is built with Eplica CMS