
Article 1 
Regulation (EC) No 639/2004 is hereby amended as follows:

1.. Article 2(5) shall be replaced by the following:
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5.. Notwithstanding paragraph 3, for fishing vessels having received public aid for renewal, the derogation in paragraph 1(a) will cease to apply three years after the public aid for renewal has been granted and in any case not later than 31 December 2011.'
2.. Article 6 shall be replaced by the following:
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Article 6 
The Commission shall submit to the European Parliament and the Council a report on the implementation of this Regulation no later than 30 June 2012.'
Article 2 
This Regulation shall enter into force on the day of its publication in the Official Journal of the European Union.
This Regulation shall be binding in its entirety and directly applicable in all Member States.Done at Brussels, 28 November 2008.
For the Council
The President
M. BARNIER