Article 3

Pending the availability of more extensive knowledge in respect of the fishery resources of the Seychelles fishing zone, the financial contribution referred to in Article 6 of the Agreement shall be subject to the following rules:

The amount of the contribution referred to in Article 6 of the Agreement shall be fixed at a first rate of at least 900 000 ECU for the duration of the Protocol, payable in three equal annual instalments. This amount shall cover the fishing activities referred to in Article 1 up to, in the case of tuna fishing, a catch weight in the Seychelles fishing zone of 6 000 tonnes of tuna fish per year; if the amount of tuna caught by Community vessels in the Seychelles fishing zone exceeds this quantity, the abovementioned amount shall be increased accordingly; however, irrespective of the amount actually caught, the ceiling for financial compensation shall be fixed at 3 000 000 ECU for the duration of the Protocol, payable in three equal annual instalments.