Creation and Powers of the Filipino Motion Picture Development Board
- Created as an arm of the CCP under Presidential Decree No. 15 as amended.
- Powers and duties include:
- Establishing the Film Academy of the Philippines to recognize achievements and provide education, scholarships, and grants for film arts development.
- Operating the Film Fund to provide financial assistance to film production ventures.
- Creating and managing the Board of Standards to formulate a national film rating and classification system subject to presidential approval.
- Administering a system of tax incentives linked to film rating.
- Establishing a Film Archive to preserve motion pictures of cultural, historical, or aesthetic value.
- Creating and supervising necessary administrative units.
- Supporting efforts to raise cinematic art and science standards.
- Promoting high-quality motion picture production through incentives and recognition.
- Assisting Filipino talents to acquire necessary skills.
- Borrowing funds, acquiring assets, investing, and engaging in productive projects for financial sustainability.
- Exercising necessary acts to fulfill its functions.
Composition and Governance of the Development Board
- Composed of seven members:
- Chairman of the CCP as Chairman.
- Director-Generals of the Film Academy, Film Fund, Film Archives, and Board of Standards.
- Two CCP-designated representatives respected in the motion picture industry.
- Board empowered to prescribe rules for internal governance.
Appointment and Terms of Directors-General
- Directors-General appointed by CCP Chairman from reputable members of the film industry.
- Term durations:
- Film Academy, Film Archives, and Board of Standards: two years.
- Film Fund: one year, with a prohibition on involvement in feature film projects during the term.
Affiliation with International Film Foundation, Inc.
- Affiliated as a non-stock corporation to assist the Development Board.
- Roles include organizing international film festivals and markets, providing subsidies for international competition.
- Constructing and maintaining film-related facilities.
- Importing raw materials to improve cost and quality.
- Supporting film production ventures of Filipino citizens through financial participation and related services.
Establishment of Film Center
- CCP authorized to establish and maintain a Film Center within Cultural Center Complex.
- Facilitates industry requirements with appropriate buildings and facilities.
- Funding from savings in general or special appropriations, subject to presidential approval.
Budgetary Appropriations
- Initial funding of ONE MILLION PESOS (P1,000,000.00) appropriated for Board operations.
- Annual appropriation of TEN MILLION PESOS (P10,000,000.00) thereafter.
- Subject to applicable laws, rules, and regulations.