Amendment to Article VII of the Convention on fishing and conservation of the living resources in the Baltic Sea and the Belts
Source: http://www.intfish.net/treaties/ibsfc1996.htm, downloaded 20070420
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:
(a) one-third of the budget shall be divided equally among the Contracting Parties;
(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."
[Adopted at the 20th Session of IBSFC, September 1994]