No C 73/10 Official Journal of the European Communities 14. 3. 84 
Article 3 
1. The financial compensation referred to in Article 5 of the Agreement shall, during 
the period of validity of this Protocol, be 18 500 000 ECU for each fishing year. 
2. The compensation shall be adjusted during the course of each fishing year in pro­
portion, calculated on the basis of cod equivalents, to the additional quotas allocated to 
the Community under the provisions referred to in Article 7 of the Agreement. 
Article 4 
Failure to implement the commitments laid down in this Protocol may, without prejudice 
to the provisions of Articles 6 and 9 of the Agreement, entail a corresponding reduction 
in the commitments referred to in Articles 1 and 3 of the Protocol. 
Article 5 
In implementing the provisions referred to in Article 7 of the Agreement, Greenland 
shall give special consideration to the Community's interest in exploiting stocks of cod 
and shrimp, with regard to its traditional fishing activities in relation to each of those 
stocks and the Community's contribution to the development of Greenland under the 
specific arrangments on relations between the two Parties. 
Article 6 
This Protocol shall enter into force on the date on which the Parties notify one another 
of the completion of the procedures necessary for this purpose. If need be, it shall apply 
provisionally with effect from the date of implementation of the Agreement. 
Proposal for a Council Regulation laying down certain specific measures in connection 
with the special arrangement on fisheries applicable to Greenland 
COM(84) 68 final 
(Submitted by the Commission to the Council on 13 February 1984) 
(84/C 73/07) 
THE COUNCIL OF THE EUROPEAN 
COMMUNITIES, 
Having regard to the Treaty establishing the 
European Economic Community, and in particular 
Article 43 thereof, 
Having regard to the proposal from the Commission, 
Having regard to the opinion of the European Par­
liament, 
Whereas the Treaty amending the status of 
Greenland places that territory under the 
arrangements for the association of the overseas 
countries and territories laid down in Part Four of the 
Treaty; whereas Article 1 of the Protocol on the 
special arrangements applicable to Greenland, 
annexed to the said amending Treaty links the import treatment of fishery products from Greenland with 
the possibilities of access to Greenland fishing waters 
granted to the Community under the Agreement on 
fisheries between the European Economic 
Community, on the one hand, and the Government 
of Denmark and the Local Government of 
Greenland, on the other, approved by Council Regu­
lation (EEC) No .. ./84; 
Whereas adjustment of the commitments of the 
Parties and suspension of the Agreement on fisheries 
are provided for in the said Agreement and the 
Protocols referred to in Article 2 (1) thereof; 
Whereas an appropriate procedure should therefore 
be laid down for implementating this set of 
provisions; 
14. 3. 84 Official Journal of the European Communities No C 73/11 
HAS ADOPTED THIS REGULATION: 
Article 1 
Decisions with regard to the following shall be taken 
according to the procedure provided for in Article 2: 
(a) adjustment of the Community's obligations under 
the protocols referred to in Article 2 (1) of the 
Fisheries Agreement on fisheries; 
(b) suspension of the Agreement on fisheries as 
provided for in Article 9 thereof; 
(c) in the case of such suspension, appropriate 
measures covering the treatment on import of 
fishery products originating in Greenland. 
Article 2 
1. Where the situation referred to in Article 1 
arises, the Commission shall decide on the necessary measures, which shall be notified to the Member 
States and shall be immediately applicable. 
Any Member State may refer to the Council such a 
Commission measure. The Council may, by qualified 
majority, amend or cancel such measure. 
2. Measures shall be repealed according to the 
procedure laid down in paragraph 1 as soon as the 
consultations provided for in the Agreement on 
fisheries have enabled a balance to be restored. 
Article 3 
This Regulation shall enter into force on the date of 
entry into force of the Treaty amending the status of 
Greenland in relation to the European Economic 
Community. 
This Regulation shall be binding in its entirety and 
directly applicable in all Member States.