Additional conditions for year-to-year management of TACs and quotas

The Council's proposal for a regulation seeks to lay down conditions for the pursuit of exploitation activities in the fisheries sector which would improve the mechanisms currently available through the introduction of year-to-year flexibility in the management of total allowable catches (TACs) and quotas which, within certain limits, is compatible with the conservation measures. The Regulation mainly provides: - that the Council, when fixing TACs in accordance with Regulation (EEC) No 3760/92, decides which stocks shall be subject to an analytical or precautionary TAC; - for the Member States to be encouraged to transfer part of their quotas of stocks, which are subject to analytical TACs, from one year to another, with certain limits; - to put in place the necessary mechanisms to discourage overfishing with regard to precautionary TACs and to penalize overfishing in the case of analytical TACs. �