5.7.2007 Official Journal of the European Union L 175/1 | (Acts adopted under the EC Treaty/Euratom Treaty whose publication is obligatory) REGULATIONS COUNCIL REGULATION (EC) No 783/2007 of 25 June 2007 granting derogations to Bulgaria and Romania from certain provisions of Regulation (EC) No 2371/2002 relating to reference levels of fishing fleets THE COUNCIL OF THE EUROPEAN UNION, lation (EC) No 2371/2002 would be superfluous, since they would overlap with the obligations arising from the entryfexit scheme provided for in Article 13 of that Regulation. Having regard to the Treaty establishing the European Community, (4) It is therefore not appropriate to fix the reference levels provided for in Article 12 of Regulation (EC) No Having regard to the Treaty of Accession of Bulgaria and 2371/2002 for Bulgaria and Romania, nor to apply Romania, Article 11(2) and (4) of that Regulation to them, since that would not have any effect on the management of the fleet by those Member States. Having regard to the Act of Accession of Bulgaria and Romania, and in particular Article 56 thereof, (5)  Accordingly, derogations should be granted to Bulgaria and Romania from those provisions of Regulation (EC) No 2371/2002, Whereas: (1) Article 12 of Council Regulation (EC) No 2371/2002 of HAS ADOPTED THIS REGULATION: 20 December 2002 on the conservation and sustainable exploitation of fisheries resources under the Common Fisheries Policy (1) provides that reference levels are to be established for each Member State’s fleet as the sum of the objectives per segment of the Multiannual Article 1 Guidance Programme 1997-2002. By way of derogation, Articles 11(2) and (4) and Article 12 of Regulation (EC) No 2371/2002 shall not apply to Bulgaria and Romania. (2)  Bulgaria and Romania do not have objectives as referred to in Article 12 of Regulation (EC) No 2371/2002. Article 2 This Regulation shall enter into force on the third day following (3)  Reference levels could be established for those Member its publication in the Official Journal of the European Union. States only by reference to the level of their fleets at the time of accession. But, if that was the case, the obli- gations provided for in Article 11(2) and (4) of Regu- () OJ L 358, 31.12.2002, p. 59. It shall apply from 1 January 2007.