The UK Treasury hasscheduled a series of meetings this week with film industry chiefs as part ofan overhaul of the influential Section 42 tax-based financing incentive forlarge-scale productions shooting in the UK.

Industry executives fromsupport and trade bodies such as the UK Film Council, PACT and BSAC are joiningfinanciers and producers in meeting with the Treasury to set out theircomments.

The government last monthlaunched a review of Section 42, which recently helped attract Batman Beginsand Harry Potter And The Goblet Of Fire to the UK, following widespreadabuse of the mechanism.

Issues raised in themeetings, which divide industry representatives into stakeholder groups, are tobe used in advising ministers on how to ensure Section 42 remains effective.

Industry figures fear thatthe government will limit the benefit to filmmakers to under 10% of the budgetof qualifying films, around half of the amount that is thought to have beenavailable before the government tightened up double dipping regulations lastyear.