Kilkenny tops Irish board

U2 accountant to chair Film body

DUBLIN — Media accountant Ossie Kilkenny has been appointed chairman of the Irish Film Board, replacing acting chair Ann O’Connell, another board member.

Kilkenny, long-term accountant for band U2, had formerly chaired the industry think tank which recently issued a report on the state of film in Ireland. He was also on the board of year-old commercial web TV3.

Also last week, government budget measures extended the life of tax investment provision Section 481 (formerly Section 35) for five years. On the other hand, the Exchequer refused to restore to 100% (from the present 80%) the extent of tax relief film backers can claim on their investments.