1. Companies with their registered office in Portugal participating in a cross-border division are subject to the provisions of this Section and, on a subsidiary basis, to the provisions on domestic divisions, in particular as regards the decision-making process for the division, and also to the provisions on cross-border mergers.
1 - São aplicáveis às sociedades com sede em Portugal participantes num processo de cisão transfronteiriça as disposições da presente secção e, subsidiariamente, as disposições relativas às cisões internas, em especial no que respeita ao processo de tomada de decisão relativo à cisão, e, ainda, o disposto relativamente à fusão transfronteiriça.
2. The procedures and formalities to be completed in order to obtain the pre-division certificate for the cross-border division are governed by the law of the Member State of the divided company, and the procedures and formalities following receipt of the pre-division certificate are governed by the law of the Member State of the recipient company.
2 - Aos procedimentos e às formalidades a cumprir para a obtenção do certificado prévio à cisão transfronteiriça aplica-se o direito do Estado-Membro da sociedade cindida, aplicando-se aos procedimentos e às formalidades posteriores à receção do certificado prévio o direito do Estado-Membro da sociedade beneficiária.
The order of applicable rules (this Section, domestic division rules on a subsidiary basis, and the cross-border merger rules) and the split between the law of the divided company's Member State (up to the pre-division certificate) and that of the recipient company's Member State (thereafter) are retained.
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Unofficial English translation prepared by BCA Portugal for reference. Only the Portuguese text published in the Diário da República has legal force. Editorial notes are ours and are not part of the statute.