1. Introduction

 

1.1     In accordance with Government Decision 3238 dated May 29, 2011 and Government Decision 1483 dated June 2, 2016, which relate to the economic development of Jerusalem, the Jerusalem Development Authority (hereinafter: “the Authority“) wishes to cooperate with the Ministry for Jerusalem and Heritage in encouraging international and local productions in the field of computer generated imagery and animation (hereinafter: “CGI“), to carry out such productions at studios located in Jerusalem.

1.2     Productions that will be chosen by the Jerusalem film and television fund at the Authority (hereinafter: “The Fund“) in accordance with this procedure will be entitled to a monetary refund in respect of production expenses of the types described in this procedure, the extent of which will be determined according to the criteria and the definitions set forth below.

1.3     The support budget will constitute an investment by the Authority in the project, and such budget will give the Authority the right to participate in revenues from the project, as same are defined in this procedure, on a basis that takes account of the ratio between the extent of the support and the actual total production budget.

  1. Definitions

2.1     “Jerusalem” – the municipal area of Jerusalem as proclaimed by the Minister of the Interior, as same applies at the time of examining the applications.

2.2     “The Fund” – the Jerusalem film and television fund at the Authority.

2.3     “Grants committee” – a committee comprised of the director of the Authority or someone on his behalf, the chief financial officer or controller of the Authority, the Authority’s legal adviser, the director of the fund, and representatives of the Ministry for Jerusalem and Heritage.

2.4     “CGI- Computer generated imagery and animation”– content in respect of which all the following cumulative conditions are fulfilled:

2.4.1 The content is produced by means of computer work for creating CGI- computer generated imagery, in one or more of the following fields: animation, VR – virtual reality, AR – augmented reality, SFX (special effects), where a combination with live action shooting is possible.

2.4.2 Content intended for screening to the public on broadcasting platforms (as defined below).

2.5     “Broadcasting platforms” – a broadcast and/or a screening to the general public, for commercial purposes, by way of various media, such as: cinema, television, cable television, satellite television, the Internet and cellular devices.

2.6     “Studio” – a professional studio located in Jerusalem at which professional activity is carried out and which engages in the production of CGI.

2.7     “The applicant” – the owner of rights in a project having the ability to grant the Authority a percentage share in the production or in revenues from it, against the investment, and is able to fulfill all the obligations specified in the procedure, or, alternatively, a promoter and/or producer and/or studio owner in Jerusalem to whom consent has been given by the owner of rights in the project to submit an application in accordance with this procedure, in the text of Appendix B.

2.8     “Approved production” – a production containing CGI that is intended to be produced at a studio in Jerusalem, which is a new production that has not yet been produced at the time of submission of the application, and will be produced according to the timetables and in accordance with the provisions of this procedure. It is clarified that a sequel to a production that was supported in the past by the Authority is not included in this definition, and it is not possible to submit an application for it in the scope of this procedure.

2.9     “The project” – the approved production and all the products related to the production, including the intellectual property rights in the production and the products thereof (such as: marketable products (merchandise)).

2.10   “First public screening” – the first public premiere of the final copy of the project to more than 100 invitees and journalists, in which the creators and the leading actors in the production participate.

2.11   “Production budget” – the production expenses of the project.

2.12   “Production budget in Jerusalem” – professional, direct and proven expenses of the production for creating CGI (as described in Paragraph 6.1 below, excluding the V.A.T. element in respect of these expenses) which is planned to be expended in Jerusalem for the production of the project. It is clarified that expenses that are not professional expenses (such as insurance premiums, restaurants, travelling and so forth) will not be deemed to be part of the production budget in Jerusalem. The grants committee has discretion with regard to the classification of any such expense, and its decision on this subject shall be final.

2.13   “Entitling employee” – a professional person from the fields of television and cinema “below the line”, who is employed (as a salaried employee or a freelancer) by the studio at which the production is produced in Jerusalem, including an animator, director of animation department, picture editor, soundtrack editor, cameraman, scriptwriter, professional from the fields of production, research and development, director of a customer, and any other vocation that may be approved by the Authority. Employees from the fields of administration, including accounting, cleaning workers, guards, legal advice, secretariat and so forth will not be recognized.

2.14   “Index” – the Consumer Price Index as published by the Central Bureau of Statistics.

  1. Validity

3.1     The provisions of this procedure shall be valid for approved productions that are submitted within the period of Submission and which meet with the conditions of eligibility as set forth below, subject to there being a budget framework that is required for activation of the procedure.

3.2     The JDA’s support by grants for approved productions pursuant to this procedure is subject to the budgets required for the purpose pursuant to Government Decisions being received.

3.3     The Authority is entitled at any time, in its sole and absolute discretion and in accordance with the procedures that are binding on it, to alter the rules and/or the conditions for the implementation of this procedure, including before the period for submission has ended, provided that this shall not adversely affect productions that have already been approved under this procedure (it is clarified that the issue of a letter of intent, as described in Paragraph 7.2 below, shall not be deemed to be the approval of a production as aforesaid).

  1. Eligibility for submitting an application

An applicant, as defined above, who – together with the application – meets all the cumulative conditions set forth below will be entitled to submit an application:

4.1     The applicant is the owner of the rights in the project that enables him to grant the Authority a share in the project or in the revenues from it, as defined above.

4.2     The applicant (including the owner of the rights in the project in whose name the proposal is submitted) previously managed at least one production in the field of CGI having a monetary scale of not less than NIS 1,000,000, which was completed prior to lodgment of the application.

4.3     The applicant (including the owner of the rights in the project in whose name the proposal is submitted) managed a commercial distribution in the past of at least one production, which was completed prior to lodgment of the application.

4.4     The production budget in Jerusalem, as defined above, is a sum of at least NIS 800,000 (excluding V.A.T.).

4.5     The production budget in Jerusalem, as defined above, shall not be less than 70% of the total production expenses of the project in Israel for creating CGI.

4.6     The total governmental budgets that are given as support, directly to the production itself, from any source whatsoever, does not exceed 90% of the production budget in Israel (whether in Jerusalem or elsewhere).

4.7     At the time of lodgment of the application, the applicant has a planned production budget which includes, inter alia, details regarding additional sources of finance (if there are such).

4.8     The applicant has possession of all the certificates required under the Public Bodies Transactions Law, 5736-1976.

4.9     The applicant is acting in accordance with any law and the activities, in respect of which the reimbursement of expenses or part thereof is requested, are not unlawful, offensive or immoral, in the discretion of the grants committee.

  1. Manner of submitting the application

5.1     It is possible to submit an application in accordance with this procedure commencing from October 1st, 2020 until October 22nd  2020  (hereinafter: “the Submission Period“). The Authority is entitled, in its discretion, to alter the Submission Period, or alternatively to set additional Submission periods in accordance with this procedure and notice to that effect shall be published on the Internet website of the Fund at the address: www.jerusalemfilmfund.com (hereinafter: “the Fund’s Website“).

5.2     An applicant who complies with all the conditions for eligibility as set forth above shall complete the application form (Appendix A), and shall attach the following documents to his application:

5.2.1    The applicant’s curriculum vitae.

5.2.2    Information about the partners who own rights in the project (if there are such).

5.2.3    Approval from the partners in the project (if there are such) regarding the grant of rights to the Authority.

5.2.4    A synopsis of the content matter of the production, “seasonal arc” how many chapters are planned, the length of each chapter and information regarding the use of technology, hardware and software for producing the project in Jerusalem.

5.2.5    Distribution and broadcast planning – particulars of the distributor, territories, broadcasting entities. 

5.2.6    Planning of initial budget – the overall planned budget of the production, together with details of the planned budget for the CGI in Israel (outside of Jerusalem) and in Jerusalem separately.

5.2.7    Intended or secured budget sources, including budgets from the Israeli government, which are not pursuant to this procedure.

5.2.8    Estimated timetables for performance of the production, in general, and in Jerusalem, in particular.

5.2.9    Estimated number of employees of entitling employees, as these are defined in the procedure, who will be employed in Jerusalem in the framework of the production.

5.2.10  Draft outline for work in the studio in Jerusalem – details about an existing studio (name, address, projects performed in the past, technological means and so forth) and/or particulars regarding the planning for the setting up of a new studio, which meets the definition set forth in this procedure and the details thereof, at which it is intended to carry out the production.

5.2.11   Any other document evidencing the state and feasibility of the production.

         5.3     The application shall be submitted online, together with all the necessary documents, to the Fund’s Website.

  1. Maximum extent of the investment

         6.1     An approved production that meets all the conditions of eligibility in accordance with this procedure, and to which the grants committee has decided to grant financial assistance, will be entitled to a monetary investment that will constitute reimbursement in respect of the expenses listed in the table below, which shall be approved by the Authority. The extent of the reimbursement changes according to the type of expense, as described below:

 

 

Type of production expense in Jerusalem

Size of monetary reimbursement

6.1.1

Employment, in the framework of the production in respect of which the application is submitted, of entitling workers, as defined in the procedure, who live in Jerusalem.

Reimbursement of up to 50% expenses of this sort.

6.1.2

Employment in the framework of the production in respect of which the application is submitted, of entitling workers, as defined in the procedure, who do not live in Jerusalem.

Reimbursement of up to 20% expenses of this sort.

6.1.3

Communications and software infrastructure expenses of the studio, which specializes in computerized content, at which the production is carried out, which are designated for the production in respect of which the application is submitted; expenses to professional service providers in the fields of cinematography and television who operate in Jerusalem and who shall be approved by the Authority before the signing of the agreement.

It is emphasized that no reimbursement will be made for expenses that are not mentioned above, and inter alia no reimbursement will be made in respect of: rates, electricity, cleaning, secretariat, accounts department, sleeping accommodation, meals, and payments to agencies located in Jerusalem, such as insurance, fuel, car hire, taxis and airline offices.

Reimbursement of up to 20% expenses of this sort.

6.2     The amount of the monetary investment, which constitutes a reimbursement of expenses as described in the above table, shall not exceed NIS 7,000,000 (hereinafter: “the Maximum Amount of the Investment“).

6.3     It is clarified that any tax for which the applicant is liable shall be deducted from the amount of the investment, unless a certificate is delivered to the Authority regarding deduction of tax at source.

6.4     It is clarified that the grants committee has a discretion not to approve an application for assistance and/or any expense in the framework of the application, in any situation in which the committee believes that the application and/or the expense is not consistent with the objectives of the procedure or does not have the effect of attaining the objective of distributing the assistance under the procedure or pursuant to the Government Decision in the scope of which this procedure is published. The committee shall give written reasons for its decision.

6.5     The applicant is entitled to submit an application for a production the expenses of which exceed the Maximum Amount of the Investment, but the applicant is aware that under no circumstances will an amount that exceeds the Maximum Amount of the Investment as aforesaid be approved, and that the remaining expenses shall be borne by the applicant out of his own independent resources.

  1. Examination of applications

7.1     Phase A – examining compliance with conditions of eligibility

7.1.1 At the end of the Submission Period, the Authority will carry out an examination of the compliance of applications that have submitted an application in accordance with this procedure with the conditions of eligibility set forth in Paragraph 4 above, including the submission of all the necessary documents.

7.1.2 The Authority will be entitled, in its sole discretion, to refer at any stage to the applicant and/or to any third party in order to obtain additional information, clarifications and supplements, verbally or in writing.

7.2     Phase B – letter of intent

7.2.1 Applications that comply with the conditions of eligibility will receive a “letter of intent” from the Authority in respect of the project, and they will pass into Phase B of the project, which includes the lodgment of “an application file” in accordance with the information specified in Paragraph 7.3.1 below.

7.2.2 The letter of intent will be valid for a period of 3 months, during which the applicants will be called upon to lodge “the application file” with the Authority. It is clarified that applicants who have possession of all the information contained in “the application file” and who wish to be examined at the early examination time, are required to lodge “the application file” within 14 days from the date of issue of the letter of intent, as stated in Paragraph 7.3.3.1 below.

7.2.3 It is hereby clarified that applicants who lodge “the application file” after 14 days and not later than 3 months following issue of the letter of intent, will have their applications examined at the later examination time, as mentioned in Paragraph 7.3.3.2 below.

7.2.4 It is further clarified that in respect of an applicant who does not lodge the application file with the Authority within 3 months from the date of issue of the letter of intent, the validity of the eligibility for which he applies will lapse, and he will not be examined at one of two examination times.

Notwithstanding the foregoing, the grants committee is entitled to extend the abovementioned period by a maximum of an additional 3 months, subject to a written application that shall be submitted by the applicant, with this being subject to the condition that the Authority decides to hold an additional examination time, as described in Paragraph 7.3.3.3 below.

7.2.5 It is clarified that the committee has a discretion not to approve the transfer of an application to Phase C, even if it complies with all the conditions of the procedure, if in the committee’s decision the application is not consistent with the objective of the procedure, or if it does not have the effect of attaining the distribution of assistance objective under the procedure or in accordance with the Government Decision in the scope of which this procedure is published. The committee shall give written reasons for its decision.

7.3     Phase C – Approval of applications

7.3.1 Applicants who have received a letter of intent shall lodge “an application file” with the Authority within 3 months from the date of issue of the letter, containing the following information and documents in Hebrew or in English (original or translation):

7.3.1.1   Application form for submission, in the text attached to this procedure as Appendix A and a declaration of the owners of the rights and the adding of documents which confirm this;

7.3.1.2   A full scenario of the project. In the case of a television series or network series, a full scenario of one chapter must be attached as an example, treatments of at least 50% of the chapters of the series and “the seasonal arc” of the remainder of the series.

7.3.1.3   Brief summary of the project to an extent of up to 3 pages.

7.3.1.4   Description of all the main characters on only one page;

7.3.1.5   Professional resume of the main team of creators including the applicant, the producer, the scriptwriter, the chief animator and the director. The producer’s resume shall include details of his experience in accordance with what is required under the definition of “producer” in this procedure.

7.3.1.6   If the story on which the scenario is based is not original: a declaration of the owner of the intellectual property rights shall be lodged, approving use of the original work by the applicant. If the original document is not in Hebrew or in English, the applicant must lodge a notarially certified translation of the document, as described above.

7.3.1.7   Budget:

7.3.1.7.1   Top Sheet – a consolidation of the production budget, with a distinction being drawn on separate columns  between “the production budget outside of Israel”, “the production budget in Israel” (which are not expenses in Jerusalem), and “the production budget in Jerusalem”, giving details of budget planning of the production expenses in each of them.

7.3.1.7.2  A full and detailed budget containing separate columns to: the production expenses outside of Israel, the production expenses in Jerusalem and the production expenses in Israel, coupled with a separation of the V.A.T. component.

7.3.1.8   A table giving details of the sources of finance and the amounts thereof from Israel and from abroad, from any source of finance the production has, including governmental sources.

7.3.1.9   Detailed employment agreements and/or work requisitions with studios in Jerusalem containing a timetable, particulars of the work and a budget.

7.3.1.10 Timetable for the production.

7.3.2 If the grants committee should so demand, the applicant undertakes to complete everything requiring completion and/or to appear before the committee and/or someone on its behalf.

7.3.3 The Authority will hold a number of examination times at which the applications in relation to which an “application file” was lodged will be examined, as follows:

7.3.3.1   Applications in respect of which “an application file” was lodged within 14 days from the date of issue of the letter of intent – will be examined after the end of 14 days from the date on which the letters of intent were issued (hereinafter: “the Early Examination Time“.

7.3.3.2   Applications in respect of which “an application file” was lodged after 14 days and not later than the end of 3 months from the date of issue of the letter of intent – will be examined after the end of 3 months from the date on which the letters of intent were issued, with this being subject to there being a budget framework at such time (hereinafter: “the Later Examination Time“). It is clarified that the Authority does not undertake the approval of any applications at the Later Examination Time, even if the applicants have begun performing any operations in relation to the project.

7.3.3.3   Applications that have received an extension for lodging an “application file”, as stated in Paragraph 7.2.3 above, will be examined and evaluated only after submission of all the documents required in the scope of “the application file”, subject to the condition that the Authority may decide on setting an additional examination time, and subject to there being a budget framework.

7.3.4 At each of the application examination times, the Authority will examine the compliance of the applications with the following requirements:

7.3.4.1  Examination of the compliance of the applications with the conditions of eligibility set forth in Paragraph 4 above, including the production budget, professional expenses in accordance with the particulars in Paragraph 6.1 above, an agreement with a Jerusalem studio;

7.3.4.2  Verifying that there are guaranteed sources of finance which cover at least 60% of the production budget that is planned for Jerusalem.

For purposes of this paragraph, the Authority may, in its absolute discretion, take into consideration budgets containing a deferment of payment to creators and/or to crew members and/or to suppliers to an extent of up to 20% of the production budget that is planned for Jerusalem, provided that the applicant holds signed confirmations from them testifying to this.

7.3.5 Applications which have complied with the requirements set forth in Paragraphs 7.3.4 above will be sent onwards for evaluation by the director of the fund and professional consultants who will be selected from a pool of the fund’s consultants (hereinafter: “the Professional Team“), with this being in relation to applications that were lodged at each examination time separately. At the end of the examination process, the Professional Team will formulate recommendations regarding approved productions that will be brought before the grants committee for approval, based on the following criteria and weightings:

 

Criterion

Particulars

Weight of parameter

Quality of the content and the form

Including: Quality of the story (narrative), innovativeness of the content, use of Innovative technology, quality of the design

 

Total quality of the project

15%

Production’s contribution to development of the industry in Jerusalem

Portion of the production carried out in Jerusalem as against the overall production budget

The centrality of Jerusalem in the production work – according to the budget data for producing the CGI abroad, out of Jerusalem and in Jerusalem and the segment of the production carried out in Jerusalem

 

 

 

5%

 

 

 

Scale and extent of the budget for the CGI production in Jerusalem

 

 

 

25%

Production’s total contribution to development of the industry in Jerusalem

30%

Potential revenues of the project

Quality of the proposed distribution

The Authority’s impression regarding the planned distribution and marketing of the production, the degree of certainty thereof at time of submission, scale of the distribution  that can be reached, and the revenues deriving from it

 

 

30%

 

Evaluation of potential for additional income, apart from distribution

The Authority’s impression as to the production’s potential to achieve ancillary revenues, including related products (merchandise) and the sale of rights in the production for commercial use (licensing), both those presented at the time of submission, as well possible avenues in the future.

 

 

 

20%

Total potential revenues

50%

Overall impression

 

5%

Total score

 

100%

7.3.6 The Professional Team will be entitled to invite the applicants to appear before it, for purposes of presenting the production and/or for obtaining additional details.

7.3.7 The Professional Team will make recommendations to the committee on applications that receive a score of 70% and higher. The Professional Team’s recommendation shall include, inter alia, reference to the magnitude of the recommended support for each production, having regard to the figures of the production budgets that were presented in the application file and according to a mechanism for determining the extent of the investment, as mentioned in Paragraph 6 above.

7.3.8    The decision regarding those projects in which the Authority will invest will be taken by the grants committee, based on the recommendations of the Professional Team and subject to the budget framework. The committee will be entitled, in its absolute discretion, to deviate from the recommendations of the Professional Team on grounds that shall be recorded.

7.3.9    It is clarified that the Authority will be entitled to its share in the revenues of every project in which it has decided to invest, where the extent of the JDA’s share in revenues will be determined in the course of taking account of the ratio between the magnitude of the assistance and the overall actual production budget.

7.3.10 It is further clarified that examination of the applications at the Later Examination Time and/or at the additional examination time (if such is fixed) for applications which received an extension, shall be subject to there being a budget framework at the time of lodgment of the application file, and in every case in which no such budget framework remains, the committee will be entitled to decide that these applications will be brought for further discussion and consideration only at a future date of submissions (if one is published), or, alternatively may, in its absolute discretion, cancel the approval that was given to such applications.

7.4       Phase D – Implementation of the project

7.4.1 Upon approval of an application by the grants committee, the applicant will be obliged to carry out the production in the format that was approved in accordance with all the components thereof, including compliance with the items of the production budget in Jerusalem and planning of implementation of the production at studios in Jerusalem.

7.4.2 Any change in the components of the application, including changes in the production budget and/or in the composition of the partners and/or in the timetables, is likely to lead to a revocation of approval of the eligibility and/or to a reduction of the amount of the investment, in the discretion of the committee.

7.4.3 As a precondition to receiving the investment money, the owners of the rights in the projects that have been approved for a grant will be obliged to sign an agreement with the Authority, the wording of which shall be decided solely by the Authority.

The agreement shall, amongst other things, contain milestones for payment of the investment on the basis of the production data and in accordance with budget availability, timetables and undertakings of the applicant, in accordance with a text to be decided up solely by the Authority as aforesaid.

7.4.4 In the scope of the agreement, the applicants will be obligated to hold a first public screening of the production in Jerusalem.

7.5     Phase E – Receipt of the investment money

7.5.1 The JDA’s support budget will be transferred to an applicant whose application has been approved and with whom an agreement has been signed, in accordance with the terms and conditions that will be specified in the contractual agreement, and subject to proof of actual expenses in accordance with a budget that has been approved, to the satisfaction of the Authority and subject to compliance with the provisions of this procedure, in each of the phases, and according to the conditions prescribed in this procedure, in accordance with the following milestones:

7.5.1.1 70% of the amount of the grant, as will be defined in the agreement, shall be paid according to progress in actual implementation of the production in Jerusalem, against an expenses report that shall be submitted to the Authority and shall be approved by it according to milestones as will be defined in the agreement.

7.5.1.2 20% of the amount of the grant as defined in the agreement shall be paid upon completion of the production in Jerusalem.

7.5.1.3 The remaining 10% of the amount of the grant shall be paid after the first public screening has been held in Jerusalem. This payment will be transferred subject to the producer furnishing the Authority with all the written corroboration that is required to prove compliance with each of the conditions of the procedure, and the approval thereof by the Authority.

7.5.2 Upon completion of each of the phases of the project, the applicant shall lodge an execution report with the Authority, which shall contain all the information and the details that are required in the scope of the agreement that will be signed with the Authority.

7.5.3 A precondition to receiving the investment money or part thereof is a declaration by the producer that he is aware of the restriction regarding the receiving of support from Israeli government budgets that exceed 90% of the production budget in Israel (whether in Jerusalem or outside it).

7.5.4 It is clarified that all the investment amounts include V.A.T., if it applies. In addition, it is clarified that there shall be no change in the amount of the investment that will be approved due to a revision in the percentages of V.A.T., if a change should occur in them during the implementation of the production. If there is a liability for V.A.T. in respect of the investment, the applicant will issue a valid tax invoice against payment of the investment according to the percentage of V.A.T. that applies at the time of transfer of each payment, in accordance with the milestones specified above.

7.5.5 It is clarified that at each stage the Authority will check the production expenses against the budget resources, including all government resources that have been provided to the production, for purposes of abiding by the provisions of Paragraph 3.3 above. In addition, the applicant undertakes not to receive support out of Israeli government budgets to an extent exceeding 90% of the production budget in Israel as aforesaid, and immediately to notify the Authority about any additional Israeli government budget that has been granted or approved for the production after submission of the application pursuant to this procedure, and to do so immediately same are given or approved.

7.5.6 Throughout the entire period of implementation of the production, the applicant must maintain daily work attendance records together with the names of the entitling employees as defined in this procedure, while recording the division between employees who reside in Jerusalem and those that do not. It is emphasized that these daily work attendance records will constitute a precondition to payment of the investment money by the Authority.

  1. Liability

8.1     The Authority will not be responsible in any manner for actual implementation of the production, for the standard of services, for payments to studios, to suppliers, and also not for the repair of or liability for damage if such should be caused to a studio, to locations, to contractors and/or suppliers and/or to any third party.

8.2     The applicant shall bear full liability for the project, for the production, for fulfillment of all the obligations to third parties and for every act connected with the production.

8.3     Likewise, the applicant shall bear full liability for any damage and/or claim and/or demand for compensation that may apply as a result of the performance of the services and everything connected therewith, and shall indemnify the Authority pursuant to a judgment the execution of which has not been stayed, for any damage, expense or claim that may be suffered or instituted – as the case may be – against the Authority, its employees and/or anyone on its behalf, in respect of any act or omission in connection with the performing of the services.

  1. The Applicant’s obligation

9.1     An eligible applicant who commits a breach of the conditions of eligibility (such as cancellation of the production or a material change in the scale of implementation of the production in Jerusalem) and has reported to the Authority to that effect within 30 days from the date on which he no longer complies with the conditions of eligibility – will be obliged to repay the grant money from the date on which he ceased to fulfill the conditions of the procedure, together with linkage differentials to the index.

9.2     An entitled applicant who has committed a breach of the conditions of eligibility and who fails to report to the Authority to that effect within 30 days as aforesaid – will be obliged to repay the grant money from the date of the breach of the conditions of eligibility onwards, plus annual interest at a rate of 5.6% and together with linkage differentials to the index.

  1. General

10.1   The procedure and the application forms will be published on the Internet websites of the Authority and the fund.

10.2   For additional details regarding the procedure it is possible to make contact with the director of the Fund Mr. Yoram Honig

          at e-mail: jerusalemfilmfund@gmail.com.

10.3   It will be possible to submit applications a second time in the case of applications that were lodged at an earlier date but did not comply with all the conditions of the procedure, subject to the rectification of everything required to meet such conditions. Examination of eligibility of such production will be on the basis of the budget balance as it stands at the time of lodgment of the amended application and on the basis of the amended application that will be submitted.

10.4   It shall be the responsibility of the applicant whose application has been approved to furnish the Authority with all the approvals required as aforesaid, as a precondition to receiving any part of the investment. If the required approvals are not furnished, the Authority will cancel the giving of the investment and/or will withhold the investment until they are furnished.

10.5   For the sake of good order, it is clarified that activation of the program is contingent upon receiving the appropriate government budgets, and that in any event of the non-receipt of budgets and/or the stoppage and/or suspension of the transfer thereof, the Authority will be entitled to stop or suspend the program and/or to cancel approvals and to alter the contents thereof and the magnitude of the assistance pursuant thereto, as the case may be.

10.6   It is clarified that only a signed agreement with the owner of the rights in the project will be binding, and that until the signing of the agreement by the owner of rights in the project, the Authority will not be bound or liable for anything, including vis-à-vis applicants who have received a letter of intent or who were approved at a later stage.

10.7   This document is solely for purposes of clarification and guidance, and it must not be treated as a binding document in any way.

10.8   All the grants under this procedure are denominated in nominal values, include V.A.T. (if it applies), and will not be linked to any index.

List of appendices

Appendix A – Application form

Appendix B – Confirmation of owners of rights in project to submission of application

 

Date of publication of Procedure – October 1st, 2020