22. 5. 87 Official Journal of the European Communities No L 133/11 COUNCIL REGULATION (EEC) No 1392/87 of 18 May 1987 amending Regulation (EEC) No 500/87 fixing catch possibilities for 1987 for certain fish stocks and groups of fish stocks in the Regulatory Area as defined in the NAFO Convention THE COUNCIL OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, Having regard to Council Regulation (EEC) No 170/83 of 25 January 1983 establishing a Community system for the conservation and management of fishery resources ('), as amended by the Act of Accession of Spain and Portugal, and in particular Article 11 thereof, Having regard to the proposal from the Commission, Whereas, in accordance with Article 3 of Regulation (EEC) No 170/83, it is incumbent upon the Council to establish the total allowable catches (TACs) by stock or group of stocks, the share available for the Community and also the specific conditions under which the catches must be made ; whereas, in accordance with Article 4 of the said Regulation, the share available for the Commu- nity is to be allocated between the Member States ; Whereas Council Regulation (EEC) No 500/87 of 16 February 1987 (3 fixed catch possibilities for 1987 for certain fish stocks and groups of fish stocks in the Regu- latory Area as defined in the NAFO Convention; Whereas, in order to ensure rational management, catch quotas should be allocated between the Member States so as to guarantee the relative stability of fishing ; whereas, in the case in question, this allocation should be made so as to reflect a fair relationship between the rights which each of the Member States may claim and the structural situa- tion which has developed in these circumstances, HAS ADOPTED THIS REGULATION : Article 1 The data relating to cod in the Regulatory Area defined by the NAFO Convention which are set out in Annex I to Regulation (EEC) No 500/87 shall be replaced by those in the Annex to this Regulation. Article 2 This Regulation shall enter into force on the third day following its publication in the Official Journal of the European Communities. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 18 May 1987, () OJ No L 24, 27. 1. 1983, p. 1. () OJ No L 51, 20. 2. 1987, p. 3. For the Council The President P. DE KEERSMAEKER