This Regulation fixes fishing opportunities for 2012 for certain fish stocks and groups of fish stocks in the Black Sea.

This Regulation shall apply to EU vessels operating in the Black Sea.

For the purposes of this Regulation the following definitions shall apply:

1. (a)

   ‘GFCM’ means General Fisheries Commission for the Mediterranean;

2. (b)

   ‘Black Sea’ means the GFCM geographical sub-area as defined in resolution GFCM/33/2009/2;

3. (c)

   ‘EU vessel’ means a fishing vessel flying the flag of a Member State and registered in the Union;

4. (d)

   ‘total allowable catch’ (TAC) means the quantity that can be taken from each stock each year;

5. (e)

   ‘quota’ means a proportion of the TAC allocated to the Union, a Member State or a third country.