Council Regulation (EEC) No 3946/92 of 19 December 1992 amending for the third time Regulation (EEC) No 4028/86 on Community measures to improve and adapt structures in the fisheries and aquaculture sector

COUNCIL REGULATION (EEC) N° 3946/92 of 19 December 1992  amending for the third time Regulation (EEC) N° 4028/86 on Community measures to improve and adapt  structures in the fisheries and aquaculture sector
THE COUNCIL OF THE EUROPEAN  COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community, and in particular  Articles 42 and 43 thereof,
Having regard to the proposal from the Commission,
Having regard to the opinion of the European Parliament (1),
Whereas the common measure for restructuring, adapting and reorientating capacity in the fisheries  sector must be continued using all available means to ensure the rationalization of fishing fleet  structures appropriate to the resources available, in accordance with the provisions of Title I or  Regulation (EEC) N° 4028/86 (2);
Whereas the range of measures available to the Member States to attain balance between the fishing  capacity of their fleets and the resources available should be supplemented by introducing the  concept of fishing effort into Regulation (EEC) N° 4028/86, thereby allowing the Member States to  resort to measures to limit the fishing effort of their fleets, differentiated according to the  stocks concerned, and to fix objectives for the evolution of fishing effort in a coordinated and  balanced way at Community level, in their Multiannual Guidance Programmes;
Whereas the system would be more flexible if the final cessation premium were to be determined  otherwise than on a standard rate basis;
Whereas Regulation (EEC) N° 4028/86 should be amended accordingly;