19.11.98 Official Journal of the European Communities L 309/7 COUNCIL REGULATION (EC) No 2480/98 of 16 November 1998 amending Regulation (EC) No 50/98 allocating, for 1998, Community catch quotas in Greenland waters 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 Regulation (EC) No 50/98 (%), established, for 1998, the Community catch quota for capelin in Green- land waters on the basis of the TAC for 1997/98; Whereas a revision of the relevant TAC in the meantime has resulted in a change in the share available to the Community; Whereas Regulation (EC) No 50/98 should be amended accordingly, HAS ADOPTED THIS REGULATION: Article 1 In the Annex to Regulation (EC) No 50/98, the entry and footnote referring to capelin shall be replaced by the text set out in the Annex to this Regulation. Article 2 This Regulation shall enter into force on the day following that of 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 Brussels, 16 November 1998. () OJ L 389, 31. 12. 1992, p. 1. Regulation as amended by the 1994 Act of Accession. @ OJ L 12, 19. 1. 1998, p. 72. For the Council The President J. FARNLEITNER