20. 4. 95 Official Journal of the European Communities No L 86/1 (Acts whose publication is obligatory) COUNCIL REGULATION (EC) No 850/95 of 6 April 1995 amending Regulation (EC) No 3366/94 laying down for 1995 certain conservation and management measures for fishery resources in the Regulatory Area as defined in the Convention on Future Multilateral Cooperation in the North West Atlantic Fisheries THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty establishing the European Community, Having regard to Council Regulation (EEC) No 3760/92 of 20 December 1992 establishing a Community system for fisheries an aquaculture ('), and in particular Article 8 (4) thereof, Having - regard to the proposal from the Commission, Whereas Regulation (EC) No 3366/94 (), establishing a limit for the total catches of Greenland halibut in NAFO Sub-areas 2 and 3, is subject to a 48-hour catch reporting system ; Whereas the Fisheries Commission of NAFO, at a special meeting from 30 January to 1 February 1995, proposed an allocation of the total allowable catch (TAC) for Green- land halibut for 1995; Whereas the Council decided to present an objection to this allocation, on the basis of Article XII.1 of the NAFO Convention ; Whereas, in accordance with the objection to the alloca- tion decided by NAFO, it is necessary to establish an autonomous Community quota limiting Community catches of Greenland halibut in the Regulatory Area for 1995 ; Whereas the magnitude of this autonomous quota should be in accordance with the criteria expressed by the Community in NAFO, which are based on recent recorded catches ; Whereas this autonomous quota should respect the conservation measure established for this resource, namely, the TAC of 27 000 tonnes ; whereas to this end, it is necessary to provide for the possibility of stopping the fishery once the TAC has been reached, even before the autonomous quota is exhausted ; whereas it is neces- sary to maintain the 48-hour catch reporting system to ensure compliance with the TAC, HAS ADOPTED THIS REGULATION : Article 1 Annex I of Regulation (EC) No 3366/94 shall be replaced by the Annex to this Regulation. Article 2 All catches by Member States during 1995, prior to the adoption of this Regulation, should be counted aganist the quota established in the Annex. Article 3 This Regulation shall enter into force the day following its publication in the Official Journal of the European Communities, This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Luxembourg, 6 April 1995. () OJ No L 389, 31. 12. 1992, p. 1. () O] No L 363, 31. 12. 1994, p. 60. For the Council The President J. PUECH