Each Party shall, by notice in writing to the other Party, nominate a Competent Authority to make decisions on applications for the grant of Approved Co-production status by any one or more co-producers of a film.
In determining an application made to it, a Competent Authority shall assess the application against the requirements, which are set out in this Agreement and are applied in accordance with guidance published by the Competent Authority under this Article.
Each Competent Authority may from time to time publish guidance consisting of such information and advice as it considers appropriate with respect to:
how applications are to be made to the Competent Authority, and the operation and interpretation of this Agreement.
Such guidance shall, in particular set out:
how the Competent Authority proposes to make decisions on applications for the grant of Approved Co-production status, and factors it will take into account when exercising any discretion conferred on it by this Agreement.
The Competent Authorities shall jointly determine the procedure that they will follow in arriving at any joint decisions required by this Agreement.