{"id":"F2011L02018","name":"Revocation of Film Licensed Investment Company (Reporting Requirements) Determination 2005, Film Licensed Investment Company (Decision-making Criteria and Procedures) Determination 2005, Film Licensed Investment Company (Application) Rules 2005","slug":"revocation-of-film-licensed-investment-company-reporting-requirements-determination-2005-film-licens","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":87423,"registerId":"commonwealth-F2011L02018-current","compilationNumber":null,"startDate":"2026-04-02","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Revocation of Film Licensed Investment Company (Reporting Requirements) Determination 2005, Film Licensed Investment Company (Decision-making Criteria and Procedures) Determination 2005, Film Licensed Investment Company (Application) Rules 2005","content":"COMMONWEALTH OF AUSTRALIA\n\nFilm Licensed Investment Company Act 2005\n\nActs Interpretation Act 1901\n\nRevocation of\n\nFilm Licensed Investment Company (Reporting Requirements) Determination 2005\n\nFilm Licensed Investment Company (Decision-making Criteria and Procedures) Determination 2005\n\nFilm Licensed Investment Company (Application) Rules 2005\n\nI, SIMON CREAN, Minister for the Arts, pursuant to subsection 35(1) and sections 9 and 8 of the Film Licensed Investment Company Act 2005 respectively and subsection 33(3) of the Acts Interpretation Act 1901 hereby revoke the Film Licensed Investment Company (Reporting Requirements) Determination 2005, Film Licensed Investment Company (Decision-making Criteria and Procedures) Determination 2005 and Film Licensed Investment Company (Application) Rules 2005.\n\nDated 12 September 2011\n\nSIMON CREAN\n\nMinister for the Arts","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1821},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The instrument performs exactly the limited administrative function stated in its title—revoking three specific determinations and rules. It has not expanded beyond this narrow purpose."},"complexity_factors":["Single operative provision containing one sentence","No defined terms or interpretation section","No conditional logic, exceptions, or cross-references to substantive provisions","Straightforward revocation of named instruments with no replacement scheme"],"plain_english_summary":"This document **cancels three previous government orders** that controlled how Film Licensed Investment Companies (FLICs) operated.\n\n**What were FLICs?**\nThese were special companies set up to attract private investment into Australian films using tax benefits. The government previously created detailed rules for how these companies applied for approval, what reports they had to submit, and how the government decided whether to accept them.\n\n**What gets cancelled?**\n- **Reporting Requirements**: Rules about what information FLICs had to send to the government\n- **Decision-making Criteria**: Rules about how the government assessed FLIC applications  \n- **Application Rules**: Rules about how companies applied to become a FLIC\n\n**What this means**\nBy revoking these orders, the government removed these specific legal obligations. This was part of winding down the FLIC scheme entirely, which ended in 2011. Companies no longer had to follow these particular reporting and application procedures."}},"importantCases":[],"_links":{"self":"/api/acts/revocation-of-film-licensed-investment-company-reporting-requirements-determination-2005-film-licens","history":"/api/acts/revocation-of-film-licensed-investment-company-reporting-requirements-determination-2005-film-licens/history","analysis":"/api/acts/revocation-of-film-licensed-investment-company-reporting-requirements-determination-2005-film-licens/analysis","conflicts":"/api/acts/revocation-of-film-licensed-investment-company-reporting-requirements-determination-2005-film-licens/conflicts","importantCases":"/api/acts/revocation-of-film-licensed-investment-company-reporting-requirements-determination-2005-film-licens/important-cases","documents":"/api/acts/revocation-of-film-licensed-investment-company-reporting-requirements-determination-2005-film-licens/documents"}}