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At the end of 1998, the two subsidy schemes were merged as the Government voted a new law for the following ten years.
The two schemes are now managed by one structure named "Luxembourgish Audiovisual Support Fund" or “the Film Fund”.
The new CIAV system, called “CIAV+”, was enacted beginning of May 2007, and the law got extended until year 2015.
The Luxembourgish producer must obtain a governmental authorization upfront for his/her company in order to apply for the audiovisual investment certificate system. The authorization will be delivered if the Luxembourgish producer is producing projects that have long-term positive economical, cultural and social effects for Luxembourg and can prove a stable establishment in Luxembourg (offices, employees, track-record etc.)
The Luxembourgish producer applies for the benefit of the CIAV+ system with a project. The Film Fund will analyse the project on the basis of its long-term economical, cultural and social effects for Luxembourg and decide to give, or not, the green light. The Luxembourgish producer must prove that the governmental subsidy enabled him to acquire a percentage of rights of the production that equals at least the percentage represented by the net CIAV value with regard to the total production budget.
A clever combination of the two available schemes (AFS and CIAV), in addition to own investment from Luxembourgish companies (own funds, facilities, minimum guarantees) enable them to come up with an investment of up to 25% of average production budgets and to invest up to €20m on a yearly basis
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