The new tax credit isexpected to take effect from
The group said in astatement: "Pact hopes that approval of the new test will provide certaintyboth to independent British filmmakers and to
Pact urges governmentleaders to extend the definition of
Tim Willis, director of filmat Pact, said: "It's a relief for everyone that the tax relief can now become areality. The new system potentially provides a real cornerstone to establishthe conditions for a sustainable production sector, and we look forward toworking with industry stakeholders to ensure that the tax credit enablesBritish production businesses to maximise their participation in the success oftheir films."