'Community fishing opportunity` is the fishing opportunity available for the Community in Community fishing waters, plus the total of the Community fishing opportunities outside the Community fishing waters, less the total of the fishing availabilities allocated to third countries.

Member States may, after notifying the Commission, exchange all or part of the fishing availabilities allocated to them.

may also, on a case-by-case basis, determine the conditions for adjusting fishing availabilities from one year to the next;

Whereas, for the types of resources for which exploitation rates are to be limited, Community fishing opportunities should be established in the form of fishing availabilities for Member States allocated in quotas and, where necessary, in terms of fishing effort;

Member States shall inform the Commission each year of the criteria they have adopted for distribution and of the detailed rules for the use the fishing availabilities allocated to them, in accordance with Community law and the common fisheries policy.

Whereas, pursuant to Article 8 of Regulation (EEC) No 3760/92, it is for the Council to establish the fishing availabilities to be allocated to Member States and to determine the conditions for adjusting these availabilities from one year to the next;

In the event of an increase in the availability of fishing possibilities then at the request of the Community the vessels' limits referred to in Article 1(1) and 1 (2) may be increased.

Where Member States decide to exchange all or part of the fishing availabilities allocated to them, they shall notify the Commission not only of that exchange but also of the fishing effort relating thereto as agreed between them.

Whereas advice received from the International Council for the Exploration of the Sea under the Cooperation Agreement between that organization and the Community (4) will be enhanced by the availability of statistics on the activities of the Community fishing fleet;