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Canadian Program CertificationCo-Venture/Co-Production with a Foreign CountrySCHEDULE 1
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1. | Does the Canadian production
company have an equal measure of decision-making responsibility with the
other co-venture/co-production partners on all elements of the production? |
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YES ( ) |
NO ( ) |
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2. | Is the
Canadian production company responsible for the administration of at
least the Canadian element of the production budget? |
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YES ( ) |
NO ( ) |
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3. | Is
there a single bank account for payment of all elements of the program? |
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YES ( ) |
NO ( ) |
4. | If "yes"
to (3), does the Canadian production company have sole or
co-signing authority on the account? |
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N/A ( ) | YES ( ) |
NO ( ) |
5. | If "no"
to (3), is there a Canadian bank account for payment of the Canadian
elements of the program? |
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N/A ( ) | YES ( ) |
NO ( ) |
6. | Does
the Canadian production company have at least a 50% financial
participation position in the production? |
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YES ( ) |
NO ( ) |
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7. | Is the
Canadian production company entitled to at least 50% of the world-wide
profits of the production? |
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YES ( ) |
NO ( ) |
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8. | Is the
Canadian production company at financial risk through having any of its own
funds invested in the production, either through debt and/or equity? |
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YES ( ) |
NO ( ) |
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A
signed and dated copy of the co-venture/co-production agreement must be
attached as Schedule 8. The co-venture/co-production agreement must clearly
substantiate the information in each of the foregoing questions for which a
"yes" response has been provided. |
***End of Document*** |