1. The board of the general meeting consists of at least a chair and a secretary.
1 - A mesa da assembleia geral é constituída, pelo menos, por um presidente e um secretário.
2. The articles of association may provide that the chair, the vice-chair and the secretaries of the board of the general meeting are to be elected by the general meeting, for a period not exceeding four years, from among the shareholders or other persons.
2 - O contrato de sociedade pode determinar que o presidente, o vice-presidente e os secretários da mesa da assembleia geral sejam eleitos por esta, por período não superior a quatro anos, de entre accionistas ou outras pessoas.
3. Where the articles of association are silent, where no persons have been elected under the preceding paragraph or where such persons fail to attend, the chair of the supervisory board, of the audit committee or of the general and supervisory board shall act as chair of the general meeting, and a shareholder present, chosen by that chair, shall act as secretary.
3 - No silêncio do contrato, na falta de pessoas eleitas nos termos do número anterior ou no caso de não comparência destas, serve de presidente da mesa da assembleia geral o presidente do conselho fiscal, da comissão de auditoria ou do conselho geral e de supervisão e de secretário um accionista presente, escolhido por aquele.
4. In the absence or non-attendance of the chair of the supervisory board, of the audit committee or of the general and supervisory board, the general meeting shall be chaired by a shareholder, in order of the number of shares held; where the number of shares is equal, regard shall be had successively to the longest standing as a shareholder and to age.
4 - Na falta ou não comparência do presidente do conselho fiscal, da comissão de auditoria ou do conselho geral e de supervisão, preside à assembleia geral um accionista, por ordem do número de acções de que sejam titulares; caso se verifique igualdade de número de acções, deve atender-se, sucessivamente, à maior antiguidade como accionista e à idade.
The minimum composition (chair and secretary), the maximum four-year term for elected officers, the default chair drawn from the supervisory board, audit committee or general and supervisory board, and the tie-break by length of shareholding and then age are retained.
We advise on Portuguese company law in English every day: formation, capital, members’ resolutions, managers’ liability and restructuring. A written answer and a fixed quote within one working day.
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.