ANNEX

Article VII of the Convention on fishing and conservation of the living resources in the Baltic Sea and the Belts is amended as follows:

The total amount of the budget including any supplementary budget shall be contributed to by the Contracting Parties according to the following formula:

  1. (a)

    one-third of the budget shall be divided equally among the Contracting Parties;

  2. (b)

    two-thirds of the budget shall be divided in proportion to the TACs available to the Contracting Parties in accordance with the financial regulations for the Commission.