Liberal Vannin member Kate Beecroft asking what will happen should Government decide not to renew their contract the CinemaNX Ltd.
As it stands they have a deposit account of £25 million with a maturity date in August of next year.
The Douglas South MHK will be seeking to find out if CinemaNX Limited has any parental guarantees to any subsidiary companies which would affect its ability to return the £25 million.
CinemaNX have enjoyed major success in the last year following TT3D: Closer to the Edge, they are currently executive producers of contemporary thriller, Honour, which begins production on the Island tomorrow.
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