Chapter VI · Management, supervision and company secretary · Section V · General and supervisory board

Article 437 Incompatibility between the office of director and membership of the general and supervisory board

Artigo 437.º · Incompatibilidade entre funções de administrador e de membro do conselho geral e de supervisão

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

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1. A person who is a director of the company, or of another company in a relationship of control or a group relationship with it, may not be appointed as a member of the general and supervisory board.

1 - Não pode ser designado membro do conselho geral e de supervisão quem seja administrador da sociedade ou de outra que com aquela se encontre em relação de domínio ou de grupo.

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2. The general and supervisory board may appoint one of its members to replace, for a period of less than one year, a director who is temporarily unable to act.

2 - O conselho geral e de supervisão pode nomear um dos seus membros para substituir, por período inferior a um ano, um administrador temporariamente impedido.

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3. A member of the general and supervisory board appointed to replace a director under the preceding paragraph may not at the same time perform duties on the general and supervisory board.

3 - O membro do conselho geral e de supervisão nomeado para substituir um administrador, nos termos do número anterior, não pode simultaneamente exercer funções no conselho geral e de supervisão.

What we checked in this article

The bar on directors of the company or of a company in a relationship of control or group relationship, the less-than-one-year substitution period and the bar on simultaneous service 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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