COUNCIL REGULATION (EC) No 1342/2008of 18 December 2008establishing a long-term plan for cod stocks and the fisheries exploiting those stocks and repealingRegulation (EC) No 423/2004THE COUNCIL OF THE EUROPEAN UNION,Having regard to the Treaty establishing the EuropeanCommunity, and in particular Article 37 thereof,Having regard to the proposal from the Commission,Having regard to the Opinion of the European Parliament (1),Whereas:(1) Council Regulation (EC) No 423/2004 of 26 February2004 on establishing measures for the recovery of codstocks (2) intends to ensure the safe recovery of the codstocks in the Kattegat, the North Sea including theSkagerrak and the eastern Channel, to the west ofScotland and the Irish Sea, to the precautionary stocksizes advised by scientists within a time-frame of fiveto ten years.(2) Recent scientific advice from the International Councilfor the Exploration of the Sea (ICES) has indicated thatthe reductions in cod catches arising from the collectiveeffect ...