1. A director may resign from office by letter addressed to the chair of the board of directors or, where the chair is the person resigning, to the supervisory board or the audit committee.
1 - O administrador pode renunciar ao seu cargo mediante carta dirigida ao presidente do conselho de administração ou, sendo este o renunciante, ao conselho fiscal ou à comissão de auditoria.
2. The resignation takes effect only at the end of the month following that in which it was communicated, unless a replacement is appointed or elected in the meantime.
2 - A renúncia só produz efeito no final do mês seguinte àquele em que tiver sido comunicada, salvo se entretanto for designado ou eleito o substituto.
The addressee of the resignation letter (the chair, or the supervisory board or audit committee where the chair resigns) and the effective date at the end of the following month unless a replacement is appointed or elected earlier 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.