1. Unless otherwise provided by a clause of the articles of association or by a resolution adopted by a majority of three quarters of the votes corresponding to the share capital at a general meeting convened for that purpose, one half of the profit for the financial year that is distributable under this law must be distributed to the members.
1 - Salvo diferente cláusula contratual ou deliberação tomada por maioria de três quartos dos votos correspondentes ao capital social em assembleia geral para o efeito convocada, não pode deixar de ser distribuído aos sócios metade do lucro do exercício que, nos termos desta lei, seja distribuível.
2. A member’s claim to that member’s share of the profits falls due 30 days after the resolution allocating the profits, unless the member consents to a deferral; the members may, however, on the grounds of an exceptional situation of the company, resolve to extend that period by up to a further 60 days.
2 - O crédito do sócio à sua parte dos lucros vence-se decorridos 30 dias sobre a deliberação de atribuição de lucros, salvo diferimento consentido pelo sócio; os sócios podem, contudo, deliberar, com fundamento em situação excepcional da sociedade, a extensão daquele prazo até mais 60 dias.
3. If, under the articles of association, the managers or members of the supervisory body are entitled to a share in the profits, that share may only be paid after the members’ profits have been made available for payment.
3 - Se, pelo contrato de sociedade, os gerentes ou fiscais tiverem direito a uma participação nos lucros, esta só pode ser paga depois de postos a pagamento os lucros dos sócios.
The mandatory distribution of one half of distributable profit unless the articles or a three-quarters majority of votes corresponding to the share capital provide otherwise, the 30-day due date with the possible extension by up to a further 60 days, and the priority of members' profits over managers' or supervisory profit shares 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.