Article 1 
Purpose This Regulation introduces a scheme to compensate for the additional costs incurred in the marketing of certain fishery products listed in Annexes I to V from the Azores, Madeira, the Canary Islands and the French departments of Guiana and Réunion (hereinafter referred to as "the compensation") as a result of those regions' remoteness. Article 2 Recipients The recipients of the compensation shall be the producers, the owners or operators of vessels registered in the ports of the regions referred to in Article 1 and operating therein or associations of such operators, and the operators in the processing and marketing sector or associations of such operators, who incur the additional costs in marketing the products concerned as a result of the remoteness of those regions. Article 3 Azores In the case of the Azores, the compensation shall be payable for the fishery products listed in Annex I. The amounts of the compensation and the quantities for the region shall be as follows: (a) EUR 177 per tonne of tuna for up to 10000 tonnes a year delivered to the local canning industry; (b) EUR 455 per tonne of species for marketing fresh for up to 2000 tonnes a year; (c) EUR 148 per tonne of small pelagics and deep-sea species delivered to local industry or local producer associations or organisations for freezing or processing for up to 1554 tonnes a year. Article 4 Madeira In the case of Madeira, the compensation shall be payable for the fishery products listed in Annex II. The amounts of the compensation and the quantities for the region shall be as follows: (a) EUR 230 per tonne of tuna for up to 4000 tonnes a year delivered to the local canning industry; (b) EUR 250 per tonne of black scabbardfish for up to 1600 tonnes a year; (c) EUR 1080 per tonne of aquaculture products for up to 50 tonnes a year. Article 5 Canary Islands In the case of the Canary Islands, the compensation shall be payable for the fishery products listed in Annex III. The amounts of the compensation and the quantities for the region shall be as follows: (a) EUR 950 per tonne of tuna marketed by air for up to 1619 tonnes a year; (b) EUR 500 per tonne of tuna marketed by sea in the raw state for up to 453 tonnes a year; (c) EUR 250 per tonne of skipjack marketed by sea for up to 453 tonnes a year; (d) EUR 220 per tonne of skipjack marketed by sea in the raw state for up to 712 tonnes a year; (e) EUR 240 per tonne of sardines and mackerel for freezing for up to 347 tonnes a year; (f) EUR 268 per tonne of cephalopods and demersal species for up to 8292 tonnes a year; (g) EUR 1300 per tonne of aquaculture products for up to 1157 tonnes a year. Article 6 Guiana In the case of Guiana, the compensation shall be payable for the fishery products listed in Annex IV. The amounts of the compensation and the quantities for the region shall be as follows: (a) EUR 1100 per tonne of industrial shrimp fished for up to 3300 tonnes a year; (b) EUR 1100 per tonne of non-industrial white fish marketed fresh for up to 100 tonnes per year; (c) EUR 527 per tonne of non-industrial white fish marketed frozen for up to 500 tonnes per year. Article 7 Réunion In the case of Réunion, the compensation shall be payable for the fishery products listed in Annex V. The amounts of the compensation and the quantities for the region shall be EUR 1400 per tonne of tuna, swordfish, marlin, sailfish, dolphinfish and shark, for up to 618 tonnes per year. Article 8 Adjustment of amounts and quantities 1. The Member States may adjust the quantities set for the various species in the framework of Articles 3 to 7 without increasing the overall annual funding provided for each Member State and without increasing the amounts provided for as compensation per tonne of species provided that the Commission raises no objections within a period of four weeks as from the notification of a request for adjustment duly justified by a Member State. 2. The Commission may, following the information received from the Member States concerned, adjust the amounts and the quantities set for the various species, in the light of their characteristics and their production and marketing conditions, within the overall financial provisions set out in Articles 3 to 7. Such adjustment may be carried out within a region, between regions belonging to one Member State or between different Member States. 3. Should adjustment be carried out between different Member States, it shall be without prejudice to the scale for allocating amounts available and shall be carried out within the limits of the overall annual funding for the scheme as laid down by the budget authority. 4. The adjustment referred to in paragraphs 1, 2 and 3 shall take account of all the relevant factors, in particular the biological characteristics of the species, changes in additional costs and qualitative and quantitative aspects of production and marketing. Article 9 Detailed rules of application Detailed rules for the application of this Regulation shall be adopted in accordance with the procedure laid down in Article 10(2). Article 10 Committee 1. The Commission shall be assisted by the Management Committee for Fishery Products (hereinafter referred to as "the Committee"). 2. Where reference is made to this paragraph, Articles 4 and 7 of Decision 1999/468/EC shall apply. The period laid down in Article 4(3) of Decision 1999/468/EC shall be set at one month. 3. The Committee shall adopt its internal Rules of Procedure. Article 11 Financing The measures provided for in this Regulation shall constitute intervention intended to stabilise the agricultural markets within the meaning of Article 2 of Regulation (EC) No 1258/1999(11). They shall be financed by the Guarantee Section of the European Agricultural Guidance and Guarantee Fund (EAGGF). Article 12 Reporting By 1 June 2006 at the latest the Commission shall report to the European Parliament, the Council and the European Economic and Social Committee on the implementation of the measures provided for in this Regulation, accompanied, if necessary, by proposals for appropriate adjustments needed to achieve the objectives laid down in this Regulation. Article 13 Transitional measures Requests to the Commission for adjustments pursuant to Article 2(6) of Regulation (EC) No 1587/98 on which no decision has been taken before the date of entry into force of this Regulation shall be subject to the procedure laid down in Article 8. Article 14 Entry into force This Regulation shall enter into force on the day of its publication in the Official Journal of the European Union. It shall apply from 1 January 2003 until 31 December 2006. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 22 December 2003. For the Council The President A. Matteoli (1) Opinion of 4 December 2003 (not yet published in the Official Journal). (2) Opinion of 29 October 2003 (not yet published in the Official Journal). (3) OJ L 399, 30.12.1989, p. 39. (4) OJ L 171, 29.6.1991, p. 1. (5) OJ L 171, 29.6.1991, p. 10. (6) OJ L 162, 30.6.1994, p. 8. (7) OJ L 236, 5.10.1995, p. 2. (8) OJ L 208, 24.7.1998, p. 1. (9) OJ L 89, 5.4.2002, p. 1. (10) OJ L 184, 17.7.1999, p. 23. (11) OJ L 160, 26.6.1999, p. 103.
Article 2 
Recipients The recipients of the compensation shall be the producers, the owners or operators of vessels registered in the ports of the regions referred to in Article 1 and operating therein or associations of such operators, and the operators in the processing and marketing sector or associations of such operators, who incur the additional costs in marketing the products concerned as a result of the remoteness of those regions. Article 3 Azores In the case of the Azores, the compensation shall be payable for the fishery products listed in Annex I. The amounts of the compensation and the quantities for the region shall be as follows: (a) EUR 177 per tonne of tuna for up to 10000 tonnes a year delivered to the local canning industry; (b) EUR 455 per tonne of species for marketing fresh for up to 2000 tonnes a year; (c) EUR 148 per tonne of small pelagics and deep-sea species delivered to local industry or local producer associations or organisations for freezing or processing for up to 1554 tonnes a year. Article 4 Madeira In the case of Madeira, the compensation shall be payable for the fishery products listed in Annex II. The amounts of the compensation and the quantities for the region shall be as follows: (a) EUR 230 per tonne of tuna for up to 4000 tonnes a year delivered to the local canning industry; (b) EUR 250 per tonne of black scabbardfish for up to 1600 tonnes a year; (c) EUR 1080 per tonne of aquaculture products for up to 50 tonnes a year. Article 5 Canary Islands In the case of the Canary Islands, the compensation shall be payable for the fishery products listed in Annex III. The amounts of the compensation and the quantities for the region shall be as follows: (a) EUR 950 per tonne of tuna marketed by air for up to 1619 tonnes a year; (b) EUR 500 per tonne of tuna marketed by sea in the raw state for up to 453 tonnes a year; (c) EUR 250 per tonne of skipjack marketed by sea for up to 453 tonnes a year; (d) EUR 220 per tonne of skipjack marketed by sea in the raw state for up to 712 tonnes a year; (e) EUR 240 per tonne of sardines and mackerel for freezing for up to 347 tonnes a year; (f) EUR 268 per tonne of cephalopods and demersal species for up to 8292 tonnes a year; (g) EUR 1300 per tonne of aquaculture products for up to 1157 tonnes a year. Article 6 Guiana In the case of Guiana, the compensation shall be payable for the fishery products listed in Annex IV. The amounts of the compensation and the quantities for the region shall be as follows: (a) EUR 1100 per tonne of industrial shrimp fished for up to 3300 tonnes a year; (b) EUR 1100 per tonne of non-industrial white fish marketed fresh for up to 100 tonnes per year; (c) EUR 527 per tonne of non-industrial white fish marketed frozen for up to 500 tonnes per year. Article 7 Réunion In the case of Réunion, the compensation shall be payable for the fishery products listed in Annex V. The amounts of the compensation and the quantities for the region shall be EUR 1400 per tonne of tuna, swordfish, marlin, sailfish, dolphinfish and shark, for up to 618 tonnes per year. Article 8 Adjustment of amounts and quantities 1. The Member States may adjust the quantities set for the various species in the framework of Articles 3 to 7 without increasing the overall annual funding provided for each Member State and without increasing the amounts provided for as compensation per tonne of species provided that the Commission raises no objections within a period of four weeks as from the notification of a request for adjustment duly justified by a Member State. 2. The Commission may, following the information received from the Member States concerned, adjust the amounts and the quantities set for the various species, in the light of their characteristics and their production and marketing conditions, within the overall financial provisions set out in Articles 3 to 7. Such adjustment may be carried out within a region, between regions belonging to one Member State or between different Member States. 3. Should adjustment be carried out between different Member States, it shall be without prejudice to the scale for allocating amounts available and shall be carried out within the limits of the overall annual funding for the scheme as laid down by the budget authority. 4. The adjustment referred to in paragraphs 1, 2 and 3 shall take account of all the relevant factors, in particular the biological characteristics of the species, changes in additional costs and qualitative and quantitative aspects of production and marketing. Article 9 Detailed rules of application Detailed rules for the application of this Regulation shall be adopted in accordance with the procedure laid down in Article 10(2). Article 10 Committee 1. The Commission shall be assisted by the Management Committee for Fishery Products (hereinafter referred to as "the Committee"). 2. Where reference is made to this paragraph, Articles 4 and 7 of Decision 1999/468/EC shall apply. The period laid down in Article 4(3) of Decision 1999/468/EC shall be set at one month. 3. The Committee shall adopt its internal Rules of Procedure. Article 11 Financing The measures provided for in this Regulation shall constitute intervention intended to stabilise the agricultural markets within the meaning of Article 2 of Regulation (EC) No 1258/1999(11). They shall be financed by the Guarantee Section of the European Agricultural Guidance and Guarantee Fund (EAGGF). Article 12 Reporting By 1 June 2006 at the latest the Commission shall report to the European Parliament, the Council and the European Economic and Social Committee on the implementation of the measures provided for in this Regulation, accompanied, if necessary, by proposals for appropriate adjustments needed to achieve the objectives laid down in this Regulation. Article 13 Transitional measures Requests to the Commission for adjustments pursuant to Article 2(6) of Regulation (EC) No 1587/98 on which no decision has been taken before the date of entry into force of this Regulation shall be subject to the procedure laid down in Article 8. Article 14 Entry into force This Regulation shall enter into force on the day of its publication in the Official Journal of the European Union. It shall apply from 1 January 2003 until 31 December 2006. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 22 December 2003. For the Council The President A. Matteoli (1) Opinion of 4 December 2003 (not yet published in the Official Journal). (2) Opinion of 29 October 2003 (not yet published in the Official Journal). (3) OJ L 399, 30.12.1989, p. 39. (4) OJ L 171, 29.6.1991, p. 1. (5) OJ L 171, 29.6.1991, p. 10. (6) OJ L 162, 30.6.1994, p. 8. (7) OJ L 236, 5.10.1995, p. 2. (8) OJ L 208, 24.7.1998, p. 1. (9) OJ L 89, 5.4.2002, p. 1. (10) OJ L 184, 17.7.1999, p. 23. (11) OJ L 160, 26.6.1999, p. 103.
Article 3 
Azores In the case of the Azores, the compensation shall be payable for the fishery products listed in Annex I. The amounts of the compensation and the quantities for the region shall be as follows: (a) EUR 177 per tonne of tuna for up to 10000 tonnes a year delivered to the local canning industry; (b) EUR 455 per tonne of species for marketing fresh for up to 2000 tonnes a year; (c) EUR 148 per tonne of small pelagics and deep-sea species delivered to local industry or local producer associations or organisations for freezing or processing for up to 1554 tonnes a year. Article 4 Madeira In the case of Madeira, the compensation shall be payable for the fishery products listed in Annex II. The amounts of the compensation and the quantities for the region shall be as follows: (a) EUR 230 per tonne of tuna for up to 4000 tonnes a year delivered to the local canning industry; (b) EUR 250 per tonne of black scabbardfish for up to 1600 tonnes a year; (c) EUR 1080 per tonne of aquaculture products for up to 50 tonnes a year. Article 5 Canary Islands In the case of the Canary Islands, the compensation shall be payable for the fishery products listed in Annex III. The amounts of the compensation and the quantities for the region shall be as follows: (a) EUR 950 per tonne of tuna marketed by air for up to 1619 tonnes a year; (b) EUR 500 per tonne of tuna marketed by sea in the raw state for up to 453 tonnes a year; (c) EUR 250 per tonne of skipjack marketed by sea for up to 453 tonnes a year; (d) EUR 220 per tonne of skipjack marketed by sea in the raw state for up to 712 tonnes a year; (e) EUR 240 per tonne of sardines and mackerel for freezing for up to 347 tonnes a year; (f) EUR 268 per tonne of cephalopods and demersal species for up to 8292 tonnes a year; (g) EUR 1300 per tonne of aquaculture products for up to 1157 tonnes a year. Article 6 Guiana In the case of Guiana, the compensation shall be payable for the fishery products listed in Annex IV. The amounts of the compensation and the quantities for the region shall be as follows: (a) EUR 1100 per tonne of industrial shrimp fished for up to 3300 tonnes a year; (b) EUR 1100 per tonne of non-industrial white fish marketed fresh for up to 100 tonnes per year; (c) EUR 527 per tonne of non-industrial white fish marketed frozen for up to 500 tonnes per year. Article 7 Réunion In the case of Réunion, the compensation shall be payable for the fishery products listed in Annex V. The amounts of the compensation and the quantities for the region shall be EUR 1400 per tonne of tuna, swordfish, marlin, sailfish, dolphinfish and shark, for up to 618 tonnes per year. Article 8 Adjustment of amounts and quantities 1. The Member States may adjust the quantities set for the various species in the framework of Articles 3 to 7 without increasing the overall annual funding provided for each Member State and without increasing the amounts provided for as compensation per tonne of species provided that the Commission raises no objections within a period of four weeks as from the notification of a request for adjustment duly justified by a Member State. 2. The Commission may, following the information received from the Member States concerned, adjust the amounts and the quantities set for the various species, in the light of their characteristics and their production and marketing conditions, within the overall financial provisions set out in Articles 3 to 7. Such adjustment may be carried out within a region, between regions belonging to one Member State or between different Member States. 3. Should adjustment be carried out between different Member States, it shall be without prejudice to the scale for allocating amounts available and shall be carried out within the limits of the overall annual funding for the scheme as laid down by the budget authority. 4. The adjustment referred to in paragraphs 1, 2 and 3 shall take account of all the relevant factors, in particular the biological characteristics of the species, changes in additional costs and qualitative and quantitative aspects of production and marketing. Article 9 Detailed rules of application Detailed rules for the application of this Regulation shall be adopted in accordance with the procedure laid down in Article 10(2). Article 10 Committee 1. The Commission shall be assisted by the Management Committee for Fishery Products (hereinafter referred to as "the Committee"). 2. Where reference is made to this paragraph, Articles 4 and 7 of Decision 1999/468/EC shall apply. The period laid down in Article 4(3) of Decision 1999/468/EC shall be set at one month. 3. The Committee shall adopt its internal Rules of Procedure. Article 11 Financing The measures provided for in this Regulation shall constitute intervention intended to stabilise the agricultural markets within the meaning of Article 2 of Regulation (EC) No 1258/1999(11). They shall be financed by the Guarantee Section of the European Agricultural Guidance and Guarantee Fund (EAGGF). Article 12 Reporting By 1 June 2006 at the latest the Commission shall report to the European Parliament, the Council and the European Economic and Social Committee on the implementation of the measures provided for in this Regulation, accompanied, if necessary, by proposals for appropriate adjustments needed to achieve the objectives laid down in this Regulation. Article 13 Transitional measures Requests to the Commission for adjustments pursuant to Article 2(6) of Regulation (EC) No 1587/98 on which no decision has been taken before the date of entry into force of this Regulation shall be subject to the procedure laid down in Article 8. Article 14 Entry into force This Regulation shall enter into force on the day of its publication in the Official Journal of the European Union. It shall apply from 1 January 2003 until 31 December 2006. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 22 December 2003. For the Council The President A. Matteoli (1) Opinion of 4 December 2003 (not yet published in the Official Journal). (2) Opinion of 29 October 2003 (not yet published in the Official Journal). (3) OJ L 399, 30.12.1989, p. 39. (4) OJ L 171, 29.6.1991, p. 1. (5) OJ L 171, 29.6.1991, p. 10. (6) OJ L 162, 30.6.1994, p. 8. (7) OJ L 236, 5.10.1995, p. 2. (8) OJ L 208, 24.7.1998, p. 1. (9) OJ L 89, 5.4.2002, p. 1. (10) OJ L 184, 17.7.1999, p. 23. (11) OJ L 160, 26.6.1999, p. 103.
Article 4 
Madeira In the case of Madeira, the compensation shall be payable for the fishery products listed in Annex II. The amounts of the compensation and the quantities for the region shall be as follows: (a) EUR 230 per tonne of tuna for up to 4000 tonnes a year delivered to the local canning industry; (b) EUR 250 per tonne of black scabbardfish for up to 1600 tonnes a year; (c) EUR 1080 per tonne of aquaculture products for up to 50 tonnes a year. Article 5 Canary Islands In the case of the Canary Islands, the compensation shall be payable for the fishery products listed in Annex III. The amounts of the compensation and the quantities for the region shall be as follows: (a) EUR 950 per tonne of tuna marketed by air for up to 1619 tonnes a year; (b) EUR 500 per tonne of tuna marketed by sea in the raw state for up to 453 tonnes a year; (c) EUR 250 per tonne of skipjack marketed by sea for up to 453 tonnes a year; (d) EUR 220 per tonne of skipjack marketed by sea in the raw state for up to 712 tonnes a year; (e) EUR 240 per tonne of sardines and mackerel for freezing for up to 347 tonnes a year; (f) EUR 268 per tonne of cephalopods and demersal species for up to 8292 tonnes a year; (g) EUR 1300 per tonne of aquaculture products for up to 1157 tonnes a year. Article 6 Guiana In the case of Guiana, the compensation shall be payable for the fishery products listed in Annex IV. The amounts of the compensation and the quantities for the region shall be as follows: (a) EUR 1100 per tonne of industrial shrimp fished for up to 3300 tonnes a year; (b) EUR 1100 per tonne of non-industrial white fish marketed fresh for up to 100 tonnes per year; (c) EUR 527 per tonne of non-industrial white fish marketed frozen for up to 500 tonnes per year. Article 7 Réunion In the case of Réunion, the compensation shall be payable for the fishery products listed in Annex V. The amounts of the compensation and the quantities for the region shall be EUR 1400 per tonne of tuna, swordfish, marlin, sailfish, dolphinfish and shark, for up to 618 tonnes per year. Article 8 Adjustment of amounts and quantities 1. The Member States may adjust the quantities set for the various species in the framework of Articles 3 to 7 without increasing the overall annual funding provided for each Member State and without increasing the amounts provided for as compensation per tonne of species provided that the Commission raises no objections within a period of four weeks as from the notification of a request for adjustment duly justified by a Member State. 2. The Commission may, following the information received from the Member States concerned, adjust the amounts and the quantities set for the various species, in the light of their characteristics and their production and marketing conditions, within the overall financial provisions set out in Articles 3 to 7. Such adjustment may be carried out within a region, between regions belonging to one Member State or between different Member States. 3. Should adjustment be carried out between different Member States, it shall be without prejudice to the scale for allocating amounts available and shall be carried out within the limits of the overall annual funding for the scheme as laid down by the budget authority. 4. The adjustment referred to in paragraphs 1, 2 and 3 shall take account of all the relevant factors, in particular the biological characteristics of the species, changes in additional costs and qualitative and quantitative aspects of production and marketing. Article 9 Detailed rules of application Detailed rules for the application of this Regulation shall be adopted in accordance with the procedure laid down in Article 10(2). Article 10 Committee 1. The Commission shall be assisted by the Management Committee for Fishery Products (hereinafter referred to as "the Committee"). 2. Where reference is made to this paragraph, Articles 4 and 7 of Decision 1999/468/EC shall apply. The period laid down in Article 4(3) of Decision 1999/468/EC shall be set at one month. 3. The Committee shall adopt its internal Rules of Procedure. Article 11 Financing The measures provided for in this Regulation shall constitute intervention intended to stabilise the agricultural markets within the meaning of Article 2 of Regulation (EC) No 1258/1999(11). They shall be financed by the Guarantee Section of the European Agricultural Guidance and Guarantee Fund (EAGGF). Article 12 Reporting By 1 June 2006 at the latest the Commission shall report to the European Parliament, the Council and the European Economic and Social Committee on the implementation of the measures provided for in this Regulation, accompanied, if necessary, by proposals for appropriate adjustments needed to achieve the objectives laid down in this Regulation. Article 13 Transitional measures Requests to the Commission for adjustments pursuant to Article 2(6) of Regulation (EC) No 1587/98 on which no decision has been taken before the date of entry into force of this Regulation shall be subject to the procedure laid down in Article 8. Article 14 Entry into force This Regulation shall enter into force on the day of its publication in the Official Journal of the European Union. It shall apply from 1 January 2003 until 31 December 2006. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 22 December 2003. For the Council The President A. Matteoli (1) Opinion of 4 December 2003 (not yet published in the Official Journal). (2) Opinion of 29 October 2003 (not yet published in the Official Journal). (3) OJ L 399, 30.12.1989, p. 39. (4) OJ L 171, 29.6.1991, p. 1. (5) OJ L 171, 29.6.1991, p. 10. (6) OJ L 162, 30.6.1994, p. 8. (7) OJ L 236, 5.10.1995, p. 2. (8) OJ L 208, 24.7.1998, p. 1. (9) OJ L 89, 5.4.2002, p. 1. (10) OJ L 184, 17.7.1999, p. 23. (11) OJ L 160, 26.6.1999, p. 103.
Article 5 
Canary Islands In the case of the Canary Islands, the compensation shall be payable for the fishery products listed in Annex III. The amounts of the compensation and the quantities for the region shall be as follows: (a) EUR 950 per tonne of tuna marketed by air for up to 1619 tonnes a year; (b) EUR 500 per tonne of tuna marketed by sea in the raw state for up to 453 tonnes a year; (c) EUR 250 per tonne of skipjack marketed by sea for up to 453 tonnes a year; (d) EUR 220 per tonne of skipjack marketed by sea in the raw state for up to 712 tonnes a year; (e) EUR 240 per tonne of sardines and mackerel for freezing for up to 347 tonnes a year; (f) EUR 268 per tonne of cephalopods and demersal species for up to 8292 tonnes a year; (g) EUR 1300 per tonne of aquaculture products for up to 1157 tonnes a year. Article 6 Guiana In the case of Guiana, the compensation shall be payable for the fishery products listed in Annex IV. The amounts of the compensation and the quantities for the region shall be as follows: (a) EUR 1100 per tonne of industrial shrimp fished for up to 3300 tonnes a year; (b) EUR 1100 per tonne of non-industrial white fish marketed fresh for up to 100 tonnes per year; (c) EUR 527 per tonne of non-industrial white fish marketed frozen for up to 500 tonnes per year. Article 7 Réunion In the case of Réunion, the compensation shall be payable for the fishery products listed in Annex V. The amounts of the compensation and the quantities for the region shall be EUR 1400 per tonne of tuna, swordfish, marlin, sailfish, dolphinfish and shark, for up to 618 tonnes per year. Article 8 Adjustment of amounts and quantities 1. The Member States may adjust the quantities set for the various species in the framework of Articles 3 to 7 without increasing the overall annual funding provided for each Member State and without increasing the amounts provided for as compensation per tonne of species provided that the Commission raises no objections within a period of four weeks as from the notification of a request for adjustment duly justified by a Member State. 2. The Commission may, following the information received from the Member States concerned, adjust the amounts and the quantities set for the various species, in the light of their characteristics and their production and marketing conditions, within the overall financial provisions set out in Articles 3 to 7. Such adjustment may be carried out within a region, between regions belonging to one Member State or between different Member States. 3. Should adjustment be carried out between different Member States, it shall be without prejudice to the scale for allocating amounts available and shall be carried out within the limits of the overall annual funding for the scheme as laid down by the budget authority. 4. The adjustment referred to in paragraphs 1, 2 and 3 shall take account of all the relevant factors, in particular the biological characteristics of the species, changes in additional costs and qualitative and quantitative aspects of production and marketing. Article 9 Detailed rules of application Detailed rules for the application of this Regulation shall be adopted in accordance with the procedure laid down in Article 10(2). Article 10 Committee 1. The Commission shall be assisted by the Management Committee for Fishery Products (hereinafter referred to as "the Committee"). 2. Where reference is made to this paragraph, Articles 4 and 7 of Decision 1999/468/EC shall apply. The period laid down in Article 4(3) of Decision 1999/468/EC shall be set at one month. 3. The Committee shall adopt its internal Rules of Procedure. Article 11 Financing The measures provided for in this Regulation shall constitute intervention intended to stabilise the agricultural markets within the meaning of Article 2 of Regulation (EC) No 1258/1999(11). They shall be financed by the Guarantee Section of the European Agricultural Guidance and Guarantee Fund (EAGGF). Article 12 Reporting By 1 June 2006 at the latest the Commission shall report to the European Parliament, the Council and the European Economic and Social Committee on the implementation of the measures provided for in this Regulation, accompanied, if necessary, by proposals for appropriate adjustments needed to achieve the objectives laid down in this Regulation. Article 13 Transitional measures Requests to the Commission for adjustments pursuant to Article 2(6) of Regulation (EC) No 1587/98 on which no decision has been taken before the date of entry into force of this Regulation shall be subject to the procedure laid down in Article 8. Article 14 Entry into force This Regulation shall enter into force on the day of its publication in the Official Journal of the European Union. It shall apply from 1 January 2003 until 31 December 2006. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 22 December 2003. For the Council The President A. Matteoli (1) Opinion of 4 December 2003 (not yet published in the Official Journal). (2) Opinion of 29 October 2003 (not yet published in the Official Journal). (3) OJ L 399, 30.12.1989, p. 39. (4) OJ L 171, 29.6.1991, p. 1. (5) OJ L 171, 29.6.1991, p. 10. (6) OJ L 162, 30.6.1994, p. 8. (7) OJ L 236, 5.10.1995, p. 2. (8) OJ L 208, 24.7.1998, p. 1. (9) OJ L 89, 5.4.2002, p. 1. (10) OJ L 184, 17.7.1999, p. 23. (11) OJ L 160, 26.6.1999, p. 103.
Article 6 
Guiana In the case of Guiana, the compensation shall be payable for the fishery products listed in Annex IV. The amounts of the compensation and the quantities for the region shall be as follows: (a) EUR 1100 per tonne of industrial shrimp fished for up to 3300 tonnes a year; (b) EUR 1100 per tonne of non-industrial white fish marketed fresh for up to 100 tonnes per year; (c) EUR 527 per tonne of non-industrial white fish marketed frozen for up to 500 tonnes per year. Article 7 Réunion In the case of Réunion, the compensation shall be payable for the fishery products listed in Annex V. The amounts of the compensation and the quantities for the region shall be EUR 1400 per tonne of tuna, swordfish, marlin, sailfish, dolphinfish and shark, for up to 618 tonnes per year. Article 8 Adjustment of amounts and quantities 1. The Member States may adjust the quantities set for the various species in the framework of Articles 3 to 7 without increasing the overall annual funding provided for each Member State and without increasing the amounts provided for as compensation per tonne of species provided that the Commission raises no objections within a period of four weeks as from the notification of a request for adjustment duly justified by a Member State. 2. The Commission may, following the information received from the Member States concerned, adjust the amounts and the quantities set for the various species, in the light of their characteristics and their production and marketing conditions, within the overall financial provisions set out in Articles 3 to 7. Such adjustment may be carried out within a region, between regions belonging to one Member State or between different Member States. 3. Should adjustment be carried out between different Member States, it shall be without prejudice to the scale for allocating amounts available and shall be carried out within the limits of the overall annual funding for the scheme as laid down by the budget authority. 4. The adjustment referred to in paragraphs 1, 2 and 3 shall take account of all the relevant factors, in particular the biological characteristics of the species, changes in additional costs and qualitative and quantitative aspects of production and marketing. Article 9 Detailed rules of application Detailed rules for the application of this Regulation shall be adopted in accordance with the procedure laid down in Article 10(2). Article 10 Committee 1. The Commission shall be assisted by the Management Committee for Fishery Products (hereinafter referred to as "the Committee"). 2. Where reference is made to this paragraph, Articles 4 and 7 of Decision 1999/468/EC shall apply. The period laid down in Article 4(3) of Decision 1999/468/EC shall be set at one month. 3. The Committee shall adopt its internal Rules of Procedure. Article 11 Financing The measures provided for in this Regulation shall constitute intervention intended to stabilise the agricultural markets within the meaning of Article 2 of Regulation (EC) No 1258/1999(11). They shall be financed by the Guarantee Section of the European Agricultural Guidance and Guarantee Fund (EAGGF). Article 12 Reporting By 1 June 2006 at the latest the Commission shall report to the European Parliament, the Council and the European Economic and Social Committee on the implementation of the measures provided for in this Regulation, accompanied, if necessary, by proposals for appropriate adjustments needed to achieve the objectives laid down in this Regulation. Article 13 Transitional measures Requests to the Commission for adjustments pursuant to Article 2(6) of Regulation (EC) No 1587/98 on which no decision has been taken before the date of entry into force of this Regulation shall be subject to the procedure laid down in Article 8. Article 14 Entry into force This Regulation shall enter into force on the day of its publication in the Official Journal of the European Union. It shall apply from 1 January 2003 until 31 December 2006. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 22 December 2003. For the Council The President A. Matteoli (1) Opinion of 4 December 2003 (not yet published in the Official Journal). (2) Opinion of 29 October 2003 (not yet published in the Official Journal). (3) OJ L 399, 30.12.1989, p. 39. (4) OJ L 171, 29.6.1991, p. 1. (5) OJ L 171, 29.6.1991, p. 10. (6) OJ L 162, 30.6.1994, p. 8. (7) OJ L 236, 5.10.1995, p. 2. (8) OJ L 208, 24.7.1998, p. 1. (9) OJ L 89, 5.4.2002, p. 1. (10) OJ L 184, 17.7.1999, p. 23. (11) OJ L 160, 26.6.1999, p. 103.
Article 7 
Réunion In the case of Réunion, the compensation shall be payable for the fishery products listed in Annex V. The amounts of the compensation and the quantities for the region shall be EUR 1400 per tonne of tuna, swordfish, marlin, sailfish, dolphinfish and shark, for up to 618 tonnes per year. Article 8 Adjustment of amounts and quantities 1. The Member States may adjust the quantities set for the various species in the framework of Articles 3 to 7 without increasing the overall annual funding provided for each Member State and without increasing the amounts provided for as compensation per tonne of species provided that the Commission raises no objections within a period of four weeks as from the notification of a request for adjustment duly justified by a Member State. 2. The Commission may, following the information received from the Member States concerned, adjust the amounts and the quantities set for the various species, in the light of their characteristics and their production and marketing conditions, within the overall financial provisions set out in Articles 3 to 7. Such adjustment may be carried out within a region, between regions belonging to one Member State or between different Member States. 3. Should adjustment be carried out between different Member States, it shall be without prejudice to the scale for allocating amounts available and shall be carried out within the limits of the overall annual funding for the scheme as laid down by the budget authority. 4. The adjustment referred to in paragraphs 1, 2 and 3 shall take account of all the relevant factors, in particular the biological characteristics of the species, changes in additional costs and qualitative and quantitative aspects of production and marketing. Article 9 Detailed rules of application Detailed rules for the application of this Regulation shall be adopted in accordance with the procedure laid down in Article 10(2). Article 10 Committee 1. The Commission shall be assisted by the Management Committee for Fishery Products (hereinafter referred to as "the Committee"). 2. Where reference is made to this paragraph, Articles 4 and 7 of Decision 1999/468/EC shall apply. The period laid down in Article 4(3) of Decision 1999/468/EC shall be set at one month. 3. The Committee shall adopt its internal Rules of Procedure. Article 11 Financing The measures provided for in this Regulation shall constitute intervention intended to stabilise the agricultural markets within the meaning of Article 2 of Regulation (EC) No 1258/1999(11). They shall be financed by the Guarantee Section of the European Agricultural Guidance and Guarantee Fund (EAGGF). Article 12 Reporting By 1 June 2006 at the latest the Commission shall report to the European Parliament, the Council and the European Economic and Social Committee on the implementation of the measures provided for in this Regulation, accompanied, if necessary, by proposals for appropriate adjustments needed to achieve the objectives laid down in this Regulation. Article 13 Transitional measures Requests to the Commission for adjustments pursuant to Article 2(6) of Regulation (EC) No 1587/98 on which no decision has been taken before the date of entry into force of this Regulation shall be subject to the procedure laid down in Article 8. Article 14 Entry into force This Regulation shall enter into force on the day of its publication in the Official Journal of the European Union. It shall apply from 1 January 2003 until 31 December 2006. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 22 December 2003. For the Council The President A. Matteoli (1) Opinion of 4 December 2003 (not yet published in the Official Journal). (2) Opinion of 29 October 2003 (not yet published in the Official Journal). (3) OJ L 399, 30.12.1989, p. 39. (4) OJ L 171, 29.6.1991, p. 1. (5) OJ L 171, 29.6.1991, p. 10. (6) OJ L 162, 30.6.1994, p. 8. (7) OJ L 236, 5.10.1995, p. 2. (8) OJ L 208, 24.7.1998, p. 1. (9) OJ L 89, 5.4.2002, p. 1. (10) OJ L 184, 17.7.1999, p. 23. (11) OJ L 160, 26.6.1999, p. 103.
Article 8 
Adjustment of amounts and quantities 1. The Member States may adjust the quantities set for the various species in the framework of Articles 3 to 7 without increasing the overall annual funding provided for each Member State and without increasing the amounts provided for as compensation per tonne of species provided that the Commission raises no objections within a period of four weeks as from the notification of a request for adjustment duly justified by a Member State. 2. The Commission may, following the information received from the Member States concerned, adjust the amounts and the quantities set for the various species, in the light of their characteristics and their production and marketing conditions, within the overall financial provisions set out in Articles 3 to 7. Such adjustment may be carried out within a region, between regions belonging to one Member State or between different Member States. 3. Should adjustment be carried out between different Member States, it shall be without prejudice to the scale for allocating amounts available and shall be carried out within the limits of the overall annual funding for the scheme as laid down by the budget authority. 4. The adjustment referred to in paragraphs 1, 2 and 3 shall take account of all the relevant factors, in particular the biological characteristics of the species, changes in additional costs and qualitative and quantitative aspects of production and marketing. Article 9 Detailed rules of application Detailed rules for the application of this Regulation shall be adopted in accordance with the procedure laid down in Article 10(2). Article 10 Committee 1. The Commission shall be assisted by the Management Committee for Fishery Products (hereinafter referred to as "the Committee"). 2. Where reference is made to this paragraph, Articles 4 and 7 of Decision 1999/468/EC shall apply. The period laid down in Article 4(3) of Decision 1999/468/EC shall be set at one month. 3. The Committee shall adopt its internal Rules of Procedure. Article 11 Financing The measures provided for in this Regulation shall constitute intervention intended to stabilise the agricultural markets within the meaning of Article 2 of Regulation (EC) No 1258/1999(11). They shall be financed by the Guarantee Section of the European Agricultural Guidance and Guarantee Fund (EAGGF). Article 12 Reporting By 1 June 2006 at the latest the Commission shall report to the European Parliament, the Council and the European Economic and Social Committee on the implementation of the measures provided for in this Regulation, accompanied, if necessary, by proposals for appropriate adjustments needed to achieve the objectives laid down in this Regulation. Article 13 Transitional measures Requests to the Commission for adjustments pursuant to Article 2(6) of Regulation (EC) No 1587/98 on which no decision has been taken before the date of entry into force of this Regulation shall be subject to the procedure laid down in Article 8. Article 14 Entry into force This Regulation shall enter into force on the day of its publication in the Official Journal of the European Union. It shall apply from 1 January 2003 until 31 December 2006. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 22 December 2003. For the Council The President A. Matteoli (1) Opinion of 4 December 2003 (not yet published in the Official Journal). (2) Opinion of 29 October 2003 (not yet published in the Official Journal). (3) OJ L 399, 30.12.1989, p. 39. (4) OJ L 171, 29.6.1991, p. 1. (5) OJ L 171, 29.6.1991, p. 10. (6) OJ L 162, 30.6.1994, p. 8. (7) OJ L 236, 5.10.1995, p. 2. (8) OJ L 208, 24.7.1998, p. 1. (9) OJ L 89, 5.4.2002, p. 1. (10) OJ L 184, 17.7.1999, p. 23. (11) OJ L 160, 26.6.1999, p. 103.
Article 9 
Detailed rules of application Detailed rules for the application of this Regulation shall be adopted in accordance with the procedure laid down in Article 10(2). Article 10 Committee 1. The Commission shall be assisted by the Management Committee for Fishery Products (hereinafter referred to as "the Committee"). 2. Where reference is made to this paragraph, Articles 4 and 7 of Decision 1999/468/EC shall apply. The period laid down in Article 4(3) of Decision 1999/468/EC shall be set at one month. 3. The Committee shall adopt its internal Rules of Procedure. Article 11 Financing The measures provided for in this Regulation shall constitute intervention intended to stabilise the agricultural markets within the meaning of Article 2 of Regulation (EC) No 1258/1999(11). They shall be financed by the Guarantee Section of the European Agricultural Guidance and Guarantee Fund (EAGGF). Article 12 Reporting By 1 June 2006 at the latest the Commission shall report to the European Parliament, the Council and the European Economic and Social Committee on the implementation of the measures provided for in this Regulation, accompanied, if necessary, by proposals for appropriate adjustments needed to achieve the objectives laid down in this Regulation. Article 13 Transitional measures Requests to the Commission for adjustments pursuant to Article 2(6) of Regulation (EC) No 1587/98 on which no decision has been taken before the date of entry into force of this Regulation shall be subject to the procedure laid down in Article 8. Article 14 Entry into force This Regulation shall enter into force on the day of its publication in the Official Journal of the European Union. It shall apply from 1 January 2003 until 31 December 2006. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 22 December 2003. For the Council The President A. Matteoli (1) Opinion of 4 December 2003 (not yet published in the Official Journal). (2) Opinion of 29 October 2003 (not yet published in the Official Journal). (3) OJ L 399, 30.12.1989, p. 39. (4) OJ L 171, 29.6.1991, p. 1. (5) OJ L 171, 29.6.1991, p. 10. (6) OJ L 162, 30.6.1994, p. 8. (7) OJ L 236, 5.10.1995, p. 2. (8) OJ L 208, 24.7.1998, p. 1. (9) OJ L 89, 5.4.2002, p. 1. (10) OJ L 184, 17.7.1999, p. 23. (11) OJ L 160, 26.6.1999, p. 103.
Article 10 
Committee 1. The Commission shall be assisted by the Management Committee for Fishery Products (hereinafter referred to as "the Committee"). 2. Where reference is made to this paragraph, Articles 4 and 7 of Decision 1999/468/EC shall apply. The period laid down in Article 4(3) of Decision 1999/468/EC shall be set at one month. 3. The Committee shall adopt its internal Rules of Procedure. Article 11 Financing The measures provided for in this Regulation shall constitute intervention intended to stabilise the agricultural markets within the meaning of Article 2 of Regulation (EC) No 1258/1999(11). They shall be financed by the Guarantee Section of the European Agricultural Guidance and Guarantee Fund (EAGGF). Article 12 Reporting By 1 June 2006 at the latest the Commission shall report to the European Parliament, the Council and the European Economic and Social Committee on the implementation of the measures provided for in this Regulation, accompanied, if necessary, by proposals for appropriate adjustments needed to achieve the objectives laid down in this Regulation. Article 13 Transitional measures Requests to the Commission for adjustments pursuant to Article 2(6) of Regulation (EC) No 1587/98 on which no decision has been taken before the date of entry into force of this Regulation shall be subject to the procedure laid down in Article 8. Article 14 Entry into force This Regulation shall enter into force on the day of its publication in the Official Journal of the European Union. It shall apply from 1 January 2003 until 31 December 2006. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 22 December 2003. For the Council The President A. Matteoli (1) Opinion of 4 December 2003 (not yet published in the Official Journal). (2) Opinion of 29 October 2003 (not yet published in the Official Journal). (3) OJ L 399, 30.12.1989, p. 39. (4) OJ L 171, 29.6.1991, p. 1. (5) OJ L 171, 29.6.1991, p. 10. (6) OJ L 162, 30.6.1994, p. 8. (7) OJ L 236, 5.10.1995, p. 2. (8) OJ L 208, 24.7.1998, p. 1. (9) OJ L 89, 5.4.2002, p. 1. (10) OJ L 184, 17.7.1999, p. 23. (11) OJ L 160, 26.6.1999, p. 103.
Article 11 
Financing The measures provided for in this Regulation shall constitute intervention intended to stabilise the agricultural markets within the meaning of Article 2 of Regulation (EC) No 1258/1999(11). They shall be financed by the Guarantee Section of the European Agricultural Guidance and Guarantee Fund (EAGGF). Article 12 Reporting By 1 June 2006 at the latest the Commission shall report to the European Parliament, the Council and the European Economic and Social Committee on the implementation of the measures provided for in this Regulation, accompanied, if necessary, by proposals for appropriate adjustments needed to achieve the objectives laid down in this Regulation. Article 13 Transitional measures Requests to the Commission for adjustments pursuant to Article 2(6) of Regulation (EC) No 1587/98 on which no decision has been taken before the date of entry into force of this Regulation shall be subject to the procedure laid down in Article 8. Article 14 Entry into force This Regulation shall enter into force on the day of its publication in the Official Journal of the European Union. It shall apply from 1 January 2003 until 31 December 2006. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 22 December 2003. For the Council The President A. Matteoli (1) Opinion of 4 December 2003 (not yet published in the Official Journal). (2) Opinion of 29 October 2003 (not yet published in the Official Journal). (3) OJ L 399, 30.12.1989, p. 39. (4) OJ L 171, 29.6.1991, p. 1. (5) OJ L 171, 29.6.1991, p. 10. (6) OJ L 162, 30.6.1994, p. 8. (7) OJ L 236, 5.10.1995, p. 2. (8) OJ L 208, 24.7.1998, p. 1. (9) OJ L 89, 5.4.2002, p. 1. (10) OJ L 184, 17.7.1999, p. 23. (11) OJ L 160, 26.6.1999, p. 103.
Article 12 
Reporting By 1 June 2006 at the latest the Commission shall report to the European Parliament, the Council and the European Economic and Social Committee on the implementation of the measures provided for in this Regulation, accompanied, if necessary, by proposals for appropriate adjustments needed to achieve the objectives laid down in this Regulation. Article 13 Transitional measures Requests to the Commission for adjustments pursuant to Article 2(6) of Regulation (EC) No 1587/98 on which no decision has been taken before the date of entry into force of this Regulation shall be subject to the procedure laid down in Article 8. Article 14 Entry into force This Regulation shall enter into force on the day of its publication in the Official Journal of the European Union. It shall apply from 1 January 2003 until 31 December 2006. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 22 December 2003. For the Council The President A. Matteoli (1) Opinion of 4 December 2003 (not yet published in the Official Journal). (2) Opinion of 29 October 2003 (not yet published in the Official Journal). (3) OJ L 399, 30.12.1989, p. 39. (4) OJ L 171, 29.6.1991, p. 1. (5) OJ L 171, 29.6.1991, p. 10. (6) OJ L 162, 30.6.1994, p. 8. (7) OJ L 236, 5.10.1995, p. 2. (8) OJ L 208, 24.7.1998, p. 1. (9) OJ L 89, 5.4.2002, p. 1. (10) OJ L 184, 17.7.1999, p. 23. (11) OJ L 160, 26.6.1999, p. 103.
Article 13 
Transitional measures Requests to the Commission for adjustments pursuant to Article 2(6) of Regulation (EC) No 1587/98 on which no decision has been taken before the date of entry into force of this Regulation shall be subject to the procedure laid down in Article 8. Article 14 Entry into force This Regulation shall enter into force on the day of its publication in the Official Journal of the European Union. It shall apply from 1 January 2003 until 31 December 2006. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 22 December 2003. For the Council The President A. Matteoli (1) Opinion of 4 December 2003 (not yet published in the Official Journal). (2) Opinion of 29 October 2003 (not yet published in the Official Journal). (3) OJ L 399, 30.12.1989, p. 39. (4) OJ L 171, 29.6.1991, p. 1. (5) OJ L 171, 29.6.1991, p. 10. (6) OJ L 162, 30.6.1994, p. 8. (7) OJ L 236, 5.10.1995, p. 2. (8) OJ L 208, 24.7.1998, p. 1. (9) OJ L 89, 5.4.2002, p. 1. (10) OJ L 184, 17.7.1999, p. 23. (11) OJ L 160, 26.6.1999, p. 103.
Article 14 
Entry into force This Regulation shall enter into force on the day of its publication in the Official Journal of the European Union. It shall apply from 1 January 2003 until 31 December 2006. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 22 December 2003