Fee
Production companies will need to pay a fee for TIF coverage.
The fee is calculated at 2% of the TIF coverage provided for a production.
For example, if the TIF coverage is $4 million, the fee is $80,000.
If the TIF coverage is $1 million, the fee is $20,000.
Credit
A contractual requirement of productions supported by TIF will be a dedicated credit in the end credits that:
“This production was supported by the Australian Government through the COVID-19 Temporary Interruption Fund”
Covid-19 Risk Mitigation Plan
A contractual requirement of productions supported by TIF is that they have a COVID-19 risk mitigation plan developed in accordance with the Australian Screen Production Industry COVID-Safe Guidelines
Limited fund
TIF is a capped $50m fund. Screen Australia cannot commit more than the available funds at any one time.