The functions of the Commission are to encourage and participate in the making, promotion, distribution, and exhibition of films and generally to encourage the development of the New Zealand film industry. A special direction to the Commission is that it shall not make financial assistance available for any film project unless the Commission is satisfied that the film has or is to have significant New Zealand content. The Commission handles worldwide sales of a range of New Zealand feature and short films.
The Commission is appointed by the Minister of Culture and Heritage and comprises a Chairman and seven other board members. It meets formally every two months. Day to day activities are carried out by a staff of 19 from a Wellington office.
The main classes of records held include:
The NZFC provides financial assistance for New Zealand feature film projects and New Zealand filmmakers, by way of loan or equity financing. They commit up to 8% of their annual budget to feature film development financing, and up to 60% to feature film production financing. Development decisions are made by either the senior staff group (generally up to $40,000 per project) or the Development Committee (up to $110,000 cumulative per projects). The Film Commission Board makes decisions involving financing beyond $110,000 for either advanced project development or for production financing.