If you're talking about re-watching the film you'd be correct, they do indeed watch the film every time a new release is due to check if the content is the same, but the studio has to specifically ask for a film to be downgraded (or at least they used to) which explains why films like The Good, the Bad and the Ugly kept being rated 18 time and time again (it wasn't until the extended version was shown theatrically that MGM asked for a 15 rating) and movies like Batman and The Abyss are still rated 15 even though they were released theatrically with 12 (12 used to be a cinema-only rating). I mailed the BBFC at some point about these films and this was the answer they gave me.
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