Article 1 
From 1 January to 31 December 1995 catches taken by vessels flying the flag of a Member State in the waters falling within the fisheries jurisdiction of the Faroe Islands, under the arrangement on reciprocal fishing rights for 1995 between the Community and the Faroe Islands, shall not exceed the quotas set out in the Annex hereto. Article 2 This Regulation shall enter into force on 1 January 1995 However, for new Member States, the Regulation shall enter into force on the date of accession. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 20 December 1994. For the Council The President J. BORCHERT (1) OJ No L 389, 31. 12. 1992, p. 1. (2) OJ No L 226, 29. 8. 1980, p. 12. (3) OJ No L 261, 20. 10. 1993, p 1.
Article 2 
This Regulation shall enter into force on 1 January 1995 However, for new Member States, the Regulation shall enter into force on the date of accession. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 20 December 1994. For the Council The President J. BORCHERT (1) OJ No L 389, 31. 12. 1992, p. 1. (2) OJ No L 226, 29. 8. 1980, p. 12. (3) OJ No L 261, 20. 10. 1993, p 1.