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Since the 1st January, 2018 this Code is the single Code applicable to listed companies in Portugal (correct as of 16/07/18). While the Code is positioned on a very different level from a legal one, it is based on a systematic articulation with the capital market law and company law, thus establishing a relationship of harmonious complementariness with the law. Without being mandatory, the Code seeks to induce companies to practices in conformity with the guidelines that, on a national and international level, are recognized as of good governance: in this sense, the Code is, on the one hand, a complement to the legal order, and, on the other, a guide of good corporate governance.

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