Regulations > Amended Films and Publications Tariff's Regulations, 2022 > Schedule 3 : Payments in respect of Annual Licence Fees

SCHEDULE 3

PAYMENTS IN RESPECT OF ANNUAL LICENCE FEES

3.	Format for submission of Financial Statement for the Purposes of the Annual Licence Fees Calculation

Commercial Online Distributor
Company Name
Financial Year End
Financial Year
Auditing Firm / Partner
Accounting Officer	Name:	Signature:
Company Chief Financial Officer / Accounting Officer	Name:	Signature:

As per Annual Financial Statement
Total Revenue Generated (R ‘000)
Total Non-licenced Revenue (R ‘000)
Total Licensed Revenue (R’000)

Revenue from Licenced Services
	R '000
1. Film – Full length feature	RXX
2. Film – Short form feature	RXX
3. Serial	RXX
4. Game	RXX
Total Revenue from Licenced Services		RXX

I, _____________________________________________, in my capacity as ____________________________ hereby verify that the information provided is true and correct and have been reviewed by an Auditor / Accounting Officer.

Signature ________________________ Designation _______________________________ Date: __________________

4.	Submission of Financial Statements

4.1.	All licence holders must:

4.1.1.

Submit audited Annual Financial Statements within six (6) months of their financial year end; or

4.1.2.

Submit financial statements signed and sworn to by the accounting officer of the licensee where the licensee is not legally obliged to provide audited financial statements.

5.	Payment of the Annual Licence Fee

5.1.	Unless expressly authorized by the Council of the Film and Publication Board, all payments in respect of licence fees are due annually.

5.2.	Annual Payments

5.2.1.

Are due annually based on the licensee’s financial year;

5.2.2.

Are due and payable within six (6) months from the end of the licensee’s financial year;

5.2.3.

May only be paid by way of an electronic transfer or via a direct deposit into the bank account of the FPB; and

5.2.4.

Must be based on the:

(a)	Audited annual Financial Statements of the licensee; or

(b)	Financial Statements signed and sworn to by the account officer of the licensee where the licensee is not legally obliged to provide audited financial statements;

(c)	Are to be adjusted immediately on receipt of the applicable annual financial statement of the licensee which must be submitted within six (6) months from the financial year end;

5.2.5.

Must be submitted as in Schedule 3 (3) of the Regulations and must be submitted as an annexure to the Annual Financial Statement and be subject to audit; and

5.2.6.

Which are estimates must be submitted as in Schedule 3 (3) of the Regulations, these must be used for the purposes of comparison to the final submission of the annual payments.

[Schedule 3 substituted by Notice No. R. 2921, GG47823, dated 6 January 2023]

Films and Publications Act, 1996 (Act No. 65 of 1996)

Regulations

Amended Films and Publications Tariff's Regulations, 2022

Schedule 3 : Payments in respect of Annual Licence Fees