• Ownership by the UK Film Council and ultimately the UK Government ensures longevity and trustworthiness
• The NFTC sends out statements on a monthly basis when money is received
• English law applies to the NFTC agreements
• Protection from insolvency or closure of the producer/production company
• Protection from changes to other Beneficiaries
• Change in ownership of the film does not affect participation payments to any other party
• The NFTC chases and reviews statements from distributors for all sales contracts to maximise income streams. The statements are available to all parties to the collection agreement
• Regular audit of all films (de minimis applies)
• All sums collected by the NFTC are held on trust for the parties entitled to share in the film's income
• All information held in confidence
• Our sole business is the collection and disbursement business. The NFTC is absolutely impartial.
•  Friendly service based in UK
• The NFTC banks with Lloyds TSB Bank plc, one of the UK's largest retail banks

 

Joint Security Trust Deed

Unique to the NFTC is the Joint Security Trust Deed. The copyright of the film can be vested in the NFTC which has several advantages for beneficiaries or investors, and also only one security document is required. Call Ian Kirk to discuss this further.