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Council Regulation (EC) No 2371/2002 (repealed)Show full title

Council Regulation (EC) No 2371/2002 of 20 December 2002 on the conservation and sustainable exploitation of fisheries resources under the Common Fisheries Policy (repealed)

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Article 13Entry/Exit scheme and overall capacity reduction

1.Member States shall manage entries into the fleet and exits from the fleet in such a way that, from 1 January 2003:

(a)the entry of new capacity into the fleet without public aid is compensated by the previous withdrawal without public aid of at least the same amount of capacity,

(b)the entry of new capacity into the fleet with public aid granted after 1 January 2003 is compensated by the previous withdrawal without public aid of:

(i)

at least the same amount of capacity, for the entry of new vessels equal or less than 100 GT, or

(ii)

at least 1,35 times that amount of capacity, for the entry of new vessels of more than 100 GT.

2.From 1 January 2003 until 31 December 2004 each Member State which chooses to enter into new public aid commitments for fleet renewal after 31 December 2002 shall achieve a reduction in the overall capacity of its fleet of 3 % for the whole period in comparison to the reference levels referred to in Article 12.

3.Implementing rules for the application of this Article may be adopted in accordance with the procedure laid down in Article 30(2).

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