31985R3727

No L 361 / 56 31 . 12 . 85 Official Journal of the European Communities

COUNCIL REGULATION ( EEC) No 3727 / 85 of 20 December 1985 amending Regulation (EEC) No 2909 / 83 on measures to encourage exploratory fishing and cooperation through joint ventures in the fishing sector

THE COUNCIL OF THE EUROPEAN COMMUNITIES , HAS ADOPTED THIS REGULATION :

Having regard to the Treaty establishing the European Article 1 Economic Community , Regulation (EEC) No 2909 / 83 is hereby amended as follows : Having regard to the Act of Accession of Spain and 1 . the second sentence of Article 11 shall be replaced by Portugal , and in particular Article 396 thereof, the following : 'The total cost charged to the Community's budget is Having regard to the proposal from the Commission , estimated at : — 13 million ECU for the redeployment premium provided for in Article 4 , Whereas it is necessary , on account of the accession of Spain and Portugal , to amend Regulation ( EEC ) — 10 million ECU for the cooperation premium No 2909 / 83 (*) in order to adjust the total estimated cost provided for in Article 9 '; charged to the Community's budget ; 2 . In Article 16 ( 2 ) '45 ' shall be replaced by '54'.

Whereas , pursuant to Article 2 ( 3 ) of the Treaty of Accession , the institutions of the Community may adopt , Article 2 before accession , the measures referred to in Article 396 of the Act of Accession , such measures entering into force This Regulation shall enter into force on 1 January 1986 , subject to and on the date of the entry into force of that subject to the entry into force of the Treaty of Accession of Treaty . Spain and Portugal .

This Regulation shall be binding in its entirety and directly applicable in all Member States .

Done at Brussels , 20 December 1985 .

For the Council The Président R. STEICHEN

0 ) OJ No L 290 , 22 . 10 . 1983 , p. 9 .