Document ID: chunk:federal_register_of_legislation:C2011C00519:clause:10_1:p10
Version: federal_register_of_legislation:C2011C00519
Segment Type: clause
Provision Reference: sch 10 cl 1 (pt 10/13)
Character Range: 200558–203145

(2) A *film is completed:
 (a) for a film that is not a series or a season of a series—when it is first in a state where it could reasonably be regarded as ready to be distributed, broadcast or exhibited to the general public; or
 (b) for a series—at the earlier of:
 (i) the time when the 65th episode is first in a state where it could reasonably be regarded as ready to be distributed, broadcast or exhibited to the general public; and
 (ii) the time when the series is first in such a state; and
 (c) for a season of a series—at the earlier of:
 (i) the time when the 65th episode of the series is first in a state where it could reasonably be regarded as ready to be distributed, broadcast or exhibited to the general public; and
 (ii) the time when the season is first in such a state.

 (3) Film authority means the Film Finance Corporation Australia Limited (incorporated under the Companies Act 1981 on 12 July 1988).

 (4) The company is not entitled to the producer offset if:
 (a) the company or someone else claims a deduction in relation to a unit of industrial property that relates to copyright in the *film under Division 10B of Part III of the Income Tax Assessment Act 1936; or
 (b) a final certificate for the film has been issued at any time under Division 10BA of Part III of the Income Tax Assessment Act 1936 (whether or not the certificate is still in force); or
 (c) a certificate for the film has been issued at any time under section 376‑20 (certificate for the location offset) (whether or not the certificate is still in force); or
 (d) a certificate for the film has been issued at any time under section 376‑45 (certificate for the PDV offset) (whether or not the certificate is still in force); or
 (e) the company or someone else has deducted money paid for *shares in a *film licensed investment company under Subdivision 375‑H and the film licensed investment company has invested in the film; or
 (f) production assistance (other than *development assistance) for the film has been received by the company or anyone else before 1 July 2007 from any of the following bodies:
 (i) the Film Finance Corporation Australia Limited;
 (ii) Film Australia Limited;
 (iii) the Australian Film Commission;
 (iv) the Australian Film, Television and Radio School.

 (5) Development assistance for a *film means financial assistance provided to assist with meeting the development costs for the film, and includes assistance to the extent to which it is provided in relation to any of the following:
 (a) location surveys and other activities undertaken to assess