The Hong Kong Monetary Authority (HKMA) has promised to simplify procedures for film and television outfits in applying for the use of fake currency notes as props in their productions with the aim of helping them avoid breaking the law, the Hong Kong Economic Journal reports.
The move came after two crew members in charge of props for the award-winning 2016 Hong Kong film Trivisa were given suspended sentences last month by a court for possessing fake banknotes used in the film.
On Tuesday, representatives of the film and television sectors met with representatives of the Film Services Office of Create Hong Kong under the Commerce and Economic Development Bureau, the HKMA and the police, to gain a better understanding of the guidelines on the use of fake currency notes as props.
Among those who attended the meeting were representatives of the Federation of Hong Kong Filmmakers, the Hong Kong Televisioners Association, the Hong Kong Film Directors’ Guild, the Hong Kong Film Assistant Directors’ Association, the Hong Kong Film Arts Association and the Hong Kong Movie Production Executives Association.
At the meeting, the HKMA said stage money must be at least 20 percent smaller than real notes and bear the name of the film or TV company in Chinese and English both on the front and at the back, The Standard quoted a representative of the de facto central bank as saying.
The words “stage money” must be printed prominently at the center and on both sides of the “money”.
Also, the name of the note-issuing bank, the phrase “promises to pay the bearer on demand at its office here” and the signature shall be deleted from all units of stage money, The Standard said, citing the HKMA guidelines.
During the meeting, the banking regulator agreed to design a simple application form for the use of fake currency notes as props and publish guidelines regarding their printing, said Tsui Siu-ming, president of the Hong Kong Televisioners Association.
The form is expected to be available in two weeks, while the approval time will be shortened to between seven and ten days, industry representatives who attended the meeting said.
The HKMA also promised to attach samples of stage money in different denominations in the new guidelines to be issued, the Film Services Office said.
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