Tógfaidh mé Ceisteanna Uimh. 19 agus 22 le chéile.
The Deputies will be aware that I have already put in place an integrated package of policy measures to promote the Irish film and television production industry, including the re-establishment of Bord Scannán na hÉireann; the enactment of broadcasting legislation to link RTE commissionings with the independent production sector; the establishment of a new television service, Telefís na Gaeilge; significant additional tax incentives; continued support by An Chomhairle Ealaíon for film organisations and film and video awards; support from Údarás na Gaeltachta for the establishment of audiovisual production companies in the Gaeltacht; participation in the EU MEDIA Programme; and funding by the Government towards EURIMAGES, the Council of Europe's film fund.
Given this integrated package of policy initiatives, the Deputies can rest assured that I remain open to pursue further initiatives to remove any remaining obstacles to the full development of a vibrant and sustainable film and television production industry in this country. To this end, I have established a new committee, named STATCOM, comprising senior officials of the State agencies dealing with the industry and my own Department. STATCOM has identified a number of issues requiring possible further attention by the State sector, including the unmet training requirements of the industry; the need or otherwise for a national film commission to promote Ireland as a location for facilities in the State; banking facilities and film distribution structures. STATCOM is the forum which will advise me over time as to whether new initiatives are required to address the range and level of technical facilities available to the industry and I will give careful consideration, to any proposals particularly those made by the committee on this subject.
I am delighted to inform the House that the Finance Bill, 1994, published yesterday contains a new provision aimed at indigenous low budget film projects. It adopts the current £1,050,000 limit under section 35 legislation and for a one year trial period will enable companies to make a share investment of up to £350,000 in one or more films and to dispose of such shares after 12 months. That is a major concession as hitherto companies had to invest the full amount of £1,050,000 before exiting after 12 months. That measure was somewhat discriminatory against low budget Irish films because investors had to make an investment for a three year period. The new regime of films such as "Broken Harvest" made by the O'Callaghans, Cathal Black's "Korea", and Ed Guiney's "Ailsa" will benefit. The new measure will significantly assist the native film industry.