Terms of Trade
Reversion of Recoupment Entitlements
FROM 21 DECEMBER 2019
This reversion policy has been updated and simplified effective 21 December 2019 and supersedes previous reversion policies incorporated into the Terms of Trade.
GUIDELINES FOR TITLES APPROVED BEFORE 1 JANUARY 2009 (AFC, FFC, SCREEN AUSTRALIA, FILM AUSTRALIA PROJECTS)
Effective 21 December 2019, Screen Australia has ceased accepting applications to acquire Screen Australia’s recoupment entitlements for all pre 1 January 2009 approved production investments.
Any reversion of Screen Australia’s interest after 21 December 2019 will be entirely at the election of Screen Australia, and only in exceptional circumstances.
GUIDELINES FOR TITLES APPROVED AFTER 1 JANUARY 2009 (SCREEN AUSTRALIA PROJECTS)
The terms governing reversion of Screen Australia titles approved after 1 January 2009 are set out in the Production Investment Agreement (PIA) for the project.
Screen Australia will not revert any of its entitlements over and above the reversion clauses in the PIA. For example, if the PIA reverts Screen Australia’s entitlement to gross receipts but not a right to sequel fees or copyright, only gross receipts will revert to the producer.
You do not need to apply to Screen Australia for reversion of these projects.
ASSISTANCE
If you have further questions, please contact Screen Australia via email at Marketplace.