Motion Picture Reform In Hungary

The past year has marked a monumental reform in the motion picture industry and on the motion picture culture in Hungary by the adoption of Act II of 2004 on Motion Pictures (the "Film Act") which came into force on April 1, 2004. The Film Act not only creates a new legal basis on which producers, distributors and other participants in the Hungarian film industry are able to operate, but it also provides support in planning, preparing, producing and distributing films.

The stated purposes of the Film Act are to ensure wide-ranging access to the values of the Hungarian motion picture culture; to preserve and enhance the values of the Hungarian motion picture culture by supporting the creation of films and other related activities; to provide an appropriate legal background and to increase accessible financial resources for Hungarian film production; to create a support system that promotes and oversees the