The government has now released draft proposals for its Film and TV Production Restart Scheme.
The government backed £500m scheme was announced back in July and is aimed at helping film and TV shows struggling to get insurance for Covid-related costs get back into production. It came about after industry lobbying.
Proposals state that to be eligible, productions must be spending at least 50% of their budget in the UK. Excluded productions include live news and current affairs, live sports and events coverage, theatre productions that are being filmed and all commercials and corporate productions.
Productions will also need to meet various ‘social commitments’ such as not using unpaid runners and paying National Living Wage. Productions will also have to comply with commitments around diversity.
The scheme still has to get State Aid approval from the European Commission before it can officially go ahead.
DCMS have appointed Marsh Commercial as the Third Party Administrator for the Scheme.
The registration deadline for the scheme is 31 December 2020, and claims will be able to be submitted up to 30 November 2021 for losses incurred up until 30 June 2021.
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