Chapter VI · Management, supervision and company secretary · Section II · Supervision

Article 423 Meetings and resolutions

Artigo 423.º · Reuniões e deliberações

Código das Sociedades Comerciais · Decree-Law No. 262/86 · consolidated text checked 26 October 2026

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1. The supervisory board shall meet at least once every quarter, and Article 410(8) applies.

1 - O conselho fiscal deve reunir, pelo menos, todos os trimestres, sendo aplicável o disposto no n.º 8 do artigo 410.º

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2. Resolutions of the supervisory board are adopted by majority, and members who disagree with them shall have the reasons for their disagreement entered in the minutes.

2 - As deliberações do conselho fiscal são tomadas por maioria, devendo os membros que com elas não concordarem fazer inserir na acta os motivos da sua discordância.

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3. Minutes of each meeting shall be drawn up in the relevant book or on loose sheets and signed by all those who took part in it.

3 - De cada reunião deve ser lavrada a acta no livro respectivo ou nas folhas soltas, assinada por todos os que nela tenham participado.

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4. The minutes shall always state the members present at the meeting and include a summary of the most significant checks carried out by the supervisory board or any of its members and of the resolutions adopted.

4 - Das actas deve constar sempre a menção dos membros presentes à reunião, bem como um resumo das verificações mais relevantes a que procedam o conselho fiscal ou qualquer dos seus membros e das deliberações tomadas.

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5. (Repealed.)

5 - (Revogado.)

What we checked in this article

The minimum quarterly meeting frequency, the cross-reference to Article 410(8), majority voting with dissent recorded in the minutes, and the required content and signature of the minutes 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.

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