1. Where, as a result of Article 499 or of acquisitions made while the subordination agreement is in force, the directing company holds total control of the subordinate company, either on its own or through companies or persons meeting the requirements set out in Article 483(2), the rules governing total control become applicable, and the resolutions adopted lapse or the agreement terminates, as the case may be.
1 - Quando por força do disposto no artigo 499.º ou de aquisições efectuadas durante a vigência do contrato de subordinação a sociedade directora possua, só por si ou por sociedades ou pessoas que preencham os requisitos indicados no artigo 483.º, n.º 2, o domínio total da sociedade subordinada, passa a ser aplicável o regime respectivo, caducando as deliberações tomadas ou terminando o contrato, conforme o caso.
The switch to the total-control regime (with resolutions lapsing or the agreement terminating, as the case may be), the cross-references to Articles 499, 483(2) and 490, and the rule that a draft or concluded subordination agreement does not prevent the application of Article 490 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.