1. 4. 95 Official Journal of the European Communities No L 74/23 COUNCIL REGULATION (EC) No 750/95 of 31 March 1995 amending Regulation (EC) No 3364/94 laying down, for 1995, certain measures for the conservation and management of fishery resources applicable to vessels ' flying the flag of the Faroe Islands 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 and aquaculture(!), and in particular Article 8 (4) thereof, Having regard to the proposal from the Commission, Whereas Council Regulation (EC) No 3364/94 () allo- cates, for 1995, certain catch quotas to vessels flying the flag of the Faroe Islands in Community waters ; . Whereas a catch quota of 7 410 tonnes of mackerel was allocated to the Faroe Islands in ICES divisions VI a and VII ¢, f and h for 1995 ; whereas this quota has to be reduced in order to reflect the reduction in the mackerel total allowable catch for these areas; Whereas, in accordance with the procedure provided for in Article 2 of the Agreement on fisheries between the European Economic Community, of the one part, and the Government of Denmark and the Home Government of the Faroe Islands, of the other part (°), the Parties have had further consultations concerning their reciprocal fishing rights for 1995; Whereas these consultations have been concluded and, as a result, the abovementioned catch quota allocated to the Faroe Islands has been reduced; Whereas it is for the Council to lay down the specific conditions under which such catches must be taken, HAS ADOPTED THIS REGULATION: Article 1 In Annex I to Regulation (EC) No 3364/94, the figures relating to mackerel in ICES divisions VI a and VII e, f and h are hereby replaced by those set out in the Annex to this Regulation. Article 2 This Regulation shall enter into force on 1 April 1995. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 31 March 1995. () OJ No L 389, 31. 12. 1992, p. 1. () OJ No L 363, 31. 12. 1994, p. 50. For the Council The President F. BAYROU () OJ No L 226, 29. 8. 1980, p. 12.