the proposals with the aim to reform Venezuelan cinema. Particulars The law contains 72 articles, divided into 5 chapters and 12 sections. The law came into force 60 days after being published. Protection and development of Venezuela cinema According to what is established in articles 1 and 3, and the introduction, the law has the principal function and objective to develop (i.e. liberate circulation of cinematographic works), encourage, broadcast (including production and distribution), as well as protect and conserve, all audiovisual products and diachronic images organized in speech, with the possibility of being exhibited as mass media. Responsible entity and functions Articles 5 and 6 indicate the creation of the CNAC, as part of the Ministry of Culture. Within this entity, there exist the bodies of the National Administrative Council of Cinema (Consejo Nacional Administrativo), the Executive Committee of Cinema (Comité Ejecutivo) and FONPROCINE. In article 7, the functions of the CNAC are outlined, which complement the main objectives, some of which are: To design the general guidelines of film policy To incentivize the creation and protection of cinemas and theatres for exhibition To encourage the development and maintenance of a filmmaking infrastructure To encourage the constitution of autonomous funds, regional and municipal, for the production, creation, distribution, exhibition, and broadcast of national films Similarly, in article 8, more specifically, the responsibilities of the sub-bodies are identified. For example, the National Administrative Council's functions include approval and planning of activities, setting financial policies, and promoting conventions. President of the CNAC Article 13 corresponds to the President of the CNAC, who may be freely appointed and removed by the President of Venezuela, and who fulfils the following duties: Exercise legal representation of the CNAC Develop and present the Internal Operating Plan and the Annual Budget, and submit them to the Executive Committee Present to the National Administrative Council the Preliminary Draft of the Cinematography Plan, and adopt the initiatives most convenient for its execution and development Apply the established sanctions of the law, and raise requests for exemption with the Executive Committee Assets of the CNAC In article 16, the assets of the CNAC are established as comprising: The rights, goods, actions, and obligations Contributions that are assigned by law The product of the fees established in this law and the income from services provided by the institution Contributions or donations made by natural or legal citizens The amount of the