1. The subordination agreement may include a profit transfer agreement under which the subordinate company undertakes to transfer its annual profits to the directing company or to another group company.
1 - O contrato de subordinação pode incluir uma convenção pela qual a sociedade subordinada se obriga a atribuir os seus lucros anuais à sociedade directora ou a outra sociedade do grupo.
2. The profits to be taken into account for the purposes of the preceding paragraph may not exceed the profits for the financial year, determined in accordance with the law, less the amounts needed to cover losses from previous financial years and for allocation to the legal reserve.
2 - Os lucros a considerar para o efeito do número anterior não podem exceder os lucros do exercício, apurados nos termos da lei, deduzidos das importâncias necessárias para a cobertura de perdas de exercícios anteriores e para atribuição a reserva legal.
The profit transfer may benefit the directing company or another group company, and the cap of profits for the financial year less amounts needed to cover prior-year losses and to allocate to the legal reserve is 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.