1. Companies incorporated before the entry into force of this law whose share capital does not reach the minimum amounts laid down in it must increase their capital, at least up to those minimum amounts, within three years of that entry into force.
1 - As sociedades constituídas antes da entrada em vigor desta lei cujo capital não atinja os montantes mínimos nela estabelecidos devem aumentar o capital, pelo menos até aos referidos montantes mínimos, no prazo de três anos, a contar daquela entrada em vigor.
2. For the capital increase required by the preceding paragraph, companies may resolve by simple majority to incorporate reserves, including revaluation reserves for assets.
2 - Para o aumento de capital exigido pelo número anterior podem as sociedades deliberar por maioria simples a incorporação de reservas, incluindo reservas de reavaliação de bens do activo.
3. For the paying up in full of capital increased by new contributions in compliance with paragraph 1 of this article, periods of up to five years may be set.
3 - Para a liberação total do capital, aumentado por novas entradas em cumprimento do disposto no n.º 1 deste artigo, podem ser fixados prazos até cinco anos.
4. Companies that have not increased and paid up their capital in accordance with the preceding paragraphs must be dissolved as provided for in Article 143.
4 - As sociedades que não tenham procedido ao aumento do capital e à liberação deste, em conformidade com os números anteriores, devem ser dissolvidas nos termos previstos no artigo 143.º
5. The nominal values of quota interests or shares stipulated in accordance with the previous legislation may be maintained even though they are lower than the minimum values laid down in this law; those minimum values shall, however, become applicable once the capital is increased under this article or for other reasons.
5 - Podem ser mantidos os valores nominais de quotas ou acções estipulados de harmonia com a legislação anterior, embora sejam inferiores aos valores mínimos estabelecidos nesta lei, os quais, porém, passarão a ser aplicáveis desde que o capital seja aumentado por força deste artigo ou por outras circunstâncias.
The three-year period to reach the minimum capital, the simple-majority incorporation of reserves (including revaluation reserves), the payment periods of up to five years, dissolution under Article 143, the grandfathering of nominal values, and the reference to Articles 201 and 276(3) as worded by Decree-Law No. 343/98 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.