Article 1 
The Protocol setting out, for the period from 18 January 2005 to 17 January 2011, the fishing opportunities and the financial contribution provided for by the Agreement between the European Economic Community and the Republic of Seychelles on fishing off Seychelles is hereby approved on behalf of the Community. The text of the Protocol is attached to this Regulation ( 3 ) .
Article 2 
The fishing opportunities provided for in the Protocol shall be allocated among the Member States as follows: — tuna seiners : Spain : 22 vessels France : 17 vessels Italy : 1 vessel — surface longliners : Spain : 2 vessels France : 5 vessels Portugal : 5 vessels If licence applications from these Member States do not cover all the fishing opportunities laid down by the Protocol, the Commission may take into consideration licence applications from any other Member State.
Article 3 
Member States whose vessels fish under the Protocol are obliged to notify the Commission of the quantities of each stock taken in the Seychelles fishing zone in accordance with the arrangements laid down in Commission Regulation (EC) No 500/2001 of 14 March 2001 laying down detailed rules for the application of Council Regulation (EEC) No 2847/93 on the monitoring of catches taken by Community fishing vessels in third-country waters and on the high seas ( 4 ) .
Article 4 
The President of the Council is hereby authorised to designate the persons empowered to sign the Protocol in order to bind the Community.
Article 5 
This Regulation shall enter into force on the third day following its publication in the Official Journal of the European Union .