Article 1 
From 1 January to 31 December 1998 vessels flying the flag of a Member State are hereby authorized to make catches within the quota limits set out in the Annex in waters falling within the fisheries jurisdiction of Iceland. The catch quotas shall be fished in areas of the Icelandic Exclusive Economic Zone defined by straight lines connecting the following coordinates: South Western Area 1. 63°12'N and 23°05'W through 62°00'N and 26°00'W 2. 62°58'N and 22°25'W 3. 63°06'N and 21°30'W 4. 63°03'N and 21°00'W from there 180°00'S South Eastern Area 1. 63°14'N and 10°40'W 2. 63°14'N and 11°23'W 3. 63°35'N and 12°21'W 4. 64°00'N and 12°30'W 5. 63°53'N and 13°30'W 6. 63°36'N and 14°30'W 7. 63°10'N and 17°00'W from there 180°00'S Article 2 Stocks referred to in the Annex shall not be subject to the conditions stipulated in Articles 2, 3 and 5(2) of Regulation (EC) No 847/96. Article 3 This Regulation shall enter into force on the day of its publication in the Official Journal of the European Communities. It shall apply from 1 January 1998. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 19 December 1997. For the Council The President F. BODEN (1) OJ L 389, 31. 12. 1992, p. 1. Regulation as amended by the 1994 Act of Accession. (2) OJ L 161, 2. 7. 1993, p. 1. (3) OJ L 261, 20. 10. 1993, p. 1. Regulation as last amended by Regulation (EC) No 2205/97 (OJ L 304, 7. 11. 1997, p. 1). (4) OJ L 115, 9. 5. 1996, p. 3.
Article 2 
Stocks referred to in the Annex shall not be subject to the conditions stipulated in Articles 2, 3 and 5(2) of Regulation (EC) No 847/96. Article 3 This Regulation shall enter into force on the day of its publication in the Official Journal of the European Communities. It shall apply from 1 January 1998. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 19 December 1997. For the Council The President F. BODEN (1) OJ L 389, 31. 12. 1992, p. 1. Regulation as amended by the 1994 Act of Accession. (2) OJ L 161, 2. 7. 1993, p. 1. (3) OJ L 261, 20. 10. 1993, p. 1. Regulation as last amended by Regulation (EC) No 2205/97 (OJ L 304, 7. 11. 1997, p. 1). (4) OJ L 115, 9. 5. 1996, p. 3.
Article 3 
This Regulation shall enter into force on the day of its publication in the Official Journal of the European Communities. It shall apply from 1 January 1998. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 19 December 1997. For the Council The President F. BODEN (1) OJ L 389, 31. 12. 1992, p. 1. Regulation as amended by the 1994 Act of Accession. (2) OJ L 161, 2. 7. 1993, p. 1. (3) OJ L 261, 20. 10. 1993, p. 1. Regulation as last amended by Regulation (EC) No 2205/97 (OJ L 304, 7. 11. 1997, p. 1). (4) OJ L 115, 9. 5. 1996, p. 3.