The Czech Film Fund was established on January 1, 2013, based on the new Act No. 496/2012 on Audiovisual Works and Support for Cinematography. The Fund shall, in particular: administer audiovisual charges, charges for broadcast advertising and administrative fees in accordance with this Act; maintain records in the audio/video sphere; provide support for cinematography; exercise ownership rights, including copyright and the ownership rights of performing artists, which pass to the state in accordance with another legal regulation; grant the co-producer status in accordance with the Convention or under any other international agreement on film co-production; provide film incentives, perform activities defined by other legal regulations.