The State Budget For 2008

Original Language Title: Orçamento do Estado para 2008

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Read the untranslated law here: http://app.parlamento.pt/webutils/docs/doc.pdf?path=6148523063446f764c3246795a5868774d546f334e7a67774c336470626d6c7561574e7059585270646d467a4c316776644756346447397a4c334277624445324d6931594c6d527659773d3d&fich=ppl162-X.doc&Inline=false

1 PROPOSAL of law No. 162/X chapter I article 1 budget approval Approval-1 is approved by this law the State budget for the year 2008, contained in maps: the Maps I to IX), with the central Government's budget, including the budgets of the autonomous services and funds; b) Maps X to XII, with the social security budget; c) thirteenth and fourteenth Maps, with the revenue and expenditure of the subsystems of social action, solidarity and family protection of the social protection system of citizenship and of the insurance system; d) Map XV, with Investment and expenditure programmes of development of Central Administration (PIDDAC); e) Map XVI, with expenditure programs; f) Map with the responsibilities, multi-annual integrated services contractual and autonomous services and funds, grouped by ministries; g) Map XVIII, with transfers to the autonomous regions; h) Map with transfers to the municipalities; I) Map XX, with transfers to the parishes;

2 j) Map XXI, with the loss of tax revenue of integrated services, the autonomous services and funds and social security. 2-During the year of 2008, the Government is authorized to collect the contributions and taxes contained in the tax codes and other legislation in force and in accordance with the amendments provided for in this law. CHAPTER II budget discipline article 2 use of budgetary appropriations 1-Get 35% of the total captive of the resources allocated to the Military programming Law. 2-Get 7.5% of expenditure earmarked for captives to Chapter 50 of the State's budget on national funding. 3-captives 2.5% of the total operating budget of the budgets of the central government offices, with the exception of those belonging to the national health service and higher education, identified under the heading "other current expenditure – various – other-buffer '. 4-the descativação of funds referred to in the preceding paragraphs can only be held for exceptional reasons, being always subject to authorization by the Minister responsible for the area of finance, which decides the amounts to deactivate in function of the evolution of budget execution. 5-share blocking of funds referred to in paragraphs 1 to 3 can be redistributed between integrated services between autonomous services and funds and between integrated and autonomous services and funds, within each Ministry, by order of the respective Minister. 3 6-the descativação of funds referred to in paragraph 3, with regard to the budget of the Assembly of the Republic, is the responsibility of the President of the Assembly of the Republic, on a proposal from the Board of Directors, which indicates the headings and the twelfths covered by descativação and the reasons on which it is based. Article 3 Disposal and encumbrance of real estate 1-disposal and encumbrance of real estate belonging to the State or to public bodies with legal personality, financial autonomy or not, not having the nature, form and name of company, Foundation or the public association, depends on the authorization of the Minister responsible for the area of finance, laying down, by order and in accordance with the following article , the allocation of proceeds from the disposal or encumbrance. 2-The disposals of the properties referred to in the preceding paragraph process-if the terms and conditions defined in the law. 3-The disposals and encumbrances of real estate are always expensive, having as reference the value ascertained in evaluation promoted by the competent authority of the Ministry of finance and public administration. 4-the preceding paragraphs shall not apply to: a) The real estate assets of social security mentioned in paragraph 2 of article 32; b) the disposal of real estate asset portfolio of the Financial Stabilization Fund of Social Security (FEFSS), managed by the Institute of management of Social Security Capitalisation funds, i. p. (IGFCSS, I. P.), whose recipe is implemented in FEFSS.

4 5-is assigned to the municipalities of the location of the immovable, for reasons of public interest, the right of first refusal on the sale referred to in paragraph 1, carried out through public auction, and such a right exercised by price and other conditions resulting from the sale. 6-the disposal of real property of the State and public bodies with legal personality that have not the nature, form and name of company, Foundation or the public association exclusively public capital companies, subsidiaries of SAGESTAMO-Sociedade Gestora de Participações Sociais, s.a., created by Decree-Law No. 209/2000, of 2 September, takes place by private contract. 7-in the context of relocation, resettlement operations or extinction, merger or restructuring of services or public bodies referred to in paragraph 1 may be authorised the sale by private contract or exchange of real estate belonging to the private domain of the State which are assigned to departments or bodies to relocate, the reinstall or extinguish , merge or restructure or integrating their private assets in favor of those who, in accordance with legally established for the purchase of buildings, will be awarded the acquisition of new facilities. 8-the authorization referred to in paragraph 1 consists of conjoined order of the Minister responsible for finance and the Minister for their tutelage that specifies the conditions of operation, namely: the entity ID) who acquired new buildings; b) matrix Identification, registry and local situation of the real estate trading; c) transaction values of the properties included in the operation and their respective reference values of the evaluation promoted by the competent authority of the Ministry of finance and public administration;

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d) conditions and deadlines for the provision of new facilities and installations, being released by occupants, are disposed to the entity who purchased the new facilities; and place information and budgetary) support of the expenditure; f) securing the revenue target, in the case of result of the operation a balance in favour of the State or to the seller, without prejudice to the provisions of article 4 Article 4 Allocation of proceeds from the disposal and encumbrance of real estate 1-Without prejudice to the following paragraphs, the proceeds from the disposal and encumbrance of real property made in accordance with the previous article reverts up to 25% for the Department or body to which it is assigned, or to the service or owner body. 2-Notwithstanding the provisions of paragraph 2 of article 6 of law No. 61/2007 of 10 September, up 75%, the product of the transfer and encumbrance of assets of the State assigned to the Interior can be destined to the construction and acquisition of facilities and infrastructure and equipment for use of forces and security services. 3-the product of the transfer and encumbrance of State assets to Foreign Affairs affection can, up to 75%, being aimed at the rehabilitation, acquisition or reconstruction of facilities for internal or external services of Foreign Affairs. 4-In special cases duly justified, can the Minister responsible for the area of finance fix percentages higher than those laid down in the preceding paragraphs, since the proceeds from the disposal and encumbrance of real estate for the acquisition, rehabilitation or construction of facilities of the respective offices. 6 5-proceeds from the disposal and encumbrance of assets of the State may, until 100%, be intended:) in the Ministry of national defence, the strengthening of the military pension fund of the armed forces, as well as to regularize the responsibilities of the former combatants to the Caixa Geral de Aposentações, i. p. (CGA, I. P.) and Social Security the costs of construction and maintenance of infrastructures assigned to the Ministry of national defense and the purchase of equipment for the upgrading and operation of the armed forces; (b)) in the Ministry of Justice, the necessary expenses to investments for the construction or maintenance of infrastructure earmarked for this Ministry and the purchase of equipment for the modernization and operation of Justice; (c)) in the Ministry of health, strengthening public hospitals ' capital and expense necessary investments for the construction or maintenance of infrastructure earmarked for primary health care to family health units installation. 6-the Ministry of economy and innovation, the allocation to the Turismo de Portugal, i. p., the product of the alienation of real estate data to guarantee funding for the Institute or other evidence of formal qualifications acquired in court for compensation of non-reimbursed can be designed, to 100%, again providing financing for the construction and tourist heritage recovery. 7-the proceeds from the sale of State assets assigned to the Casa Pia in Lisbon, I. P., which will show if unsuitable for the purposes that this aims to continue reverts, until 100%, for the same for the construction or purchase of buildings to increase and diversify the capacity to respond in host for part of this institution, in accordance with the set by joint decree of the Minister responsible for finance and the Minister for their tutelage. 7 8-the remainder of the allocation of proceeds from the disposal and encumbrance of immovable property referred to in the preceding paragraphs is State revenue. 9-the preceding paragraphs shall not affect: a) the provisions of paragraph 9 of article 109 of Act No. 62/2007 of 10 September; b) application of the envisaged in ministerial order No. 131/94, of 4 March, with the wording introduced by Ordinances Nos. 96/598, 19 October, and 226/98, of 7 April. Article 5 built heritage 1 transfers-the Institute of financial management of Social Security, i. p. (IGFSS, I. P.), and the Institute for housing and Urban Rehabilitation, i. p. (DGEMN, I. P.), can, without requiring any counterpart and without subjection to the formalities referred to in article 3, in accordance with criteria to be established for the sale of public rental housing stock transfer to the municipalities, municipal enterprises or municipal majority capital, for private social welfare institutions or for administrative public utility corporate bodies, since pursuing assistance purposes and demonstrate ability to manage housing groups or neighborhoods to transferring ownership of buildings or their fractions that are housing groups or neighbourhoods, including the existing spaces of public use , equipment, roads and other infrastructure, as well as the rights and obligations of these related and the fireworks in solvable property regime. 2-the transfer of the assets referred to in the preceding paragraph is preceded by transfer agreements and shall be carried out by auto transfers of goods, which constitutes title enough evidence for all legal purposes, including registration.

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3-After the transfer of assets, and on the basis of the conditions that may be set out in agreements, transfer the beneficiary entities may proceed to transfer the fires to their residents, pursuant to Decree-Law No. 141/88, of 22 April, as amended by Decree-Law No. 288/93, of August 20. 4-Fireworks intended for rental housing is subject to the system of income support, pursuant to Decree-Law No. 166/93, of 7 May. Article 6 fiscal Transfers Is the Government allowed to make the budgetary changes and transfers in the respective table annexed to this law, which is an integral part. Article 7 Reorganization of services and Public Administration-1 transfers Are suspended, until 31 December 2008, the re-arrangements of public services, with the exception of those that are indispensable for the fulfilment of the law, as well as those resulting in decreased spending. 2-Is the authorised Government, within the framework of corporate services and the application of special mobility scheme, to make changes, whether they involve different organic and functional classifications. Article 8 Costs under the budget for the Portuguese Presidency of the Council of the European Union 1-Is the Government allowed to transfer funds to the services ' budgets-29 Program «the Portuguese Presidency of the Council of the European Union ', whether they involve different organic and functional classifications. 9 2-Pass for 2008, the appropriations of the programme budget-29 «the Portuguese Presidency of the Council of the European Union ' is not applied in 2007, getting the Government authorized to enroll them in the programming of 2008. Article 9 budget Changes within the National strategic reference framework 1-Is the Government allowed to make budgetary changes which are necessary for the implementation of the National strategic reference framework (NSRF), regardless of different functional classifications involved, programs and ministries. 2-In exceptional cases, may be authorised by the budgetary changes Government counterpart in appropriations earmarked for the NSRF regardless of the functional classification, programs and ministries. Article 10 technical assistance management balances the NSRF management balances of the previous year, relating to general revenues, contained the national co-financing associated to technical assistance operational programmes (OPS) of the NSRF financed by ERDF, with incidence on the continent, including the technical assistance ERDF shall be carried over automatically to the following year's budget, getting to this effect the executing agencies exempted from compliance with article 25 of law No. 91/2001 , of 29 August, as amended by law No. 48/2004, 24 August.

10 article 11 retention of amounts for transfers 1-current transfers and capital of the State budget to the self-regulatory bodies of the central administration, the autonomous regions and local authorities can be retained to satisfy debts, accrued and payable, constituted in favour of CGA, i. p., of the Directorate-General of Social Protection to employees and agents of the public administration (GYM) national health service, Social Security and the Directorate-General of Treasury and finance, and also in terms of contributions and taxes, as well as the resulting from use or misuse of Community funds. 2-the retention referred to in the preceding paragraph, in respect of debts of the autonomous regions, must not exceed 5% of the amount of annual payment. 3-the transfers referred to in paragraph 1, in respect of debts of local authorities, safeguarding the special scheme provided for in the code of Expropriations may be withheld pursuant to the law No. 2/2007, of 15 January. 4-When is not timely provided to the Ministry of finance and public administration, competent bodies and for their part, the typed information on budgetary framework law, as well as to be annually defined in the budget execution law or other applicable legal provision, can be retained the transfers and refused the advances of twelfths in accordance with the fix in the Decree-Law of budgetary implementation and until the situation is remedied.

11 article 12 Financial Supervisory Authorities The public institutes with an independent status as a result of your integration in the areas of supervision of the financial system, as well as the funds that work with them, are not subject to the rules on the transition and use of management balances, to cativações of funds and the duodecimal scheme listed in budget legislation and public accounting. CHAPTER III Public Administration article 13 suspension of secondments, requisitions and transfers 1-is suspended, until 31 December 2008, the possibility of secondment, transfer and request of employees of regional and municipal administration for the direct and indirect State administration. 2-the suspension given in the preceding paragraph remains relatively to mobility under the law that defines and regulates the new binding schemes, careers and pay of workers who exercise public functions. 3-the suspension provided for in the preceding paragraphs shall not apply to the use of the General mobility instruments for technical, operational, or places the National Civil Protection Authority. 4-the use referred to in the preceding paragraph is authorized by joint decree of the Ministers responsible for areas of the Interior, finance and public administration, preceding, when the case, permission from the source service.

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Article 14 Paintings and maps of personnel Until 31 December 2008, are suspended frame changes or personal maps, with the exception of those resulting from the application of the law that defines and regulates the new binding schemes, careers and pay of workers who exercise public functions, which are indispensable for the law enforcement or regulatory standard that happen , or for the execution of judgments, as well as those resulting in decreased spending. Article 15 Careers and remuneration supplements 1-Are suspended, until 31 December 2008, revisions and careers and amounts of compensatory supplements, with the exception of those resulting from the application of the law that defines and regulates the new binding schemes, careers and pay of workers who exercise public functions and General update of remuneration and supplements as well as those which are indispensable for the fulfillment of law or for the execution of judicial verdicts. 2-the update of compensatory supplements in violation of the provisions of the preceding paragraph constitutes the heads or bodies of management of services and maximum bodies of direct and indirect State administration where that violation occurs in civil, disciplinary and financial liability provided pursuant to Decree-Law No. 14/2003, of 30 January. 3-knowledge of the practice of the deficiencies referred to in the preceding paragraph constitutes the supervisory organs, as well as the competent inspection services, the duty of, respectively, initiate or propose the establishment of the corresponding procedure. 4-the progression in careers, in the year of 2008, operates in accordance with the rules laid down in the law that defines and regulates the new binding schemes, careers and pay of workers who exercise public functions, effect to 1 January 2008. 13 article 16 Admissions staff in the public sector 1-Without prejudice to the provisions of law regarding freezing of admissions staff for the other groups, careers and categories, including special bodies, are taken until 31 December 2008 the measures given in the following paragraphs. 2-Lack of assent of the Minister responsible for the area of finance and public administration: a) the order concerning the admission of people into joining in the various categories of permanent cadres of the armed forces, referred to in paragraph 2 of article 195 of the status of military personnel of the armed forces, approved by Decree-Law No. 236/99, of June 25, as amended by law No. 25/2000 , 23 August, and by Decree-Law No 197/2003, of 30 August, 70/2005, of March 17, 2005, 166/September 23, and 330/2007, of October 9; b) decisions relating to the admission of militarized personnel or equated and with police and security functions or equated. 3-the opinions referred to in the preceding paragraph and admission decisions of staff must bear in mind the provisions of the Council of Ministers Resolution No. 38/2006, of 18 April. Article 17 registration maintenance in Caixa Geral de Aposentações, I. P. Holders of positions managers appointed under the law No. 2/2004, 15 January, as amended by law No. 51/2005, of 30 August, or whose service is renewed under the same law, retain, until the cessation of these functions, the inscription on the CGA , I. p., and payment of dues to this organism on the basis of the functions performed and the corresponding remuneration. 14 article 18 contributions to Caixa Geral de Aposentações, i. p. 1-the amount of the monthly contribution to the CGA, i. p., entities, public or private, with administrative and financial autonomy, which, on 31 December 2006, were not covered by the obligation of monthly contribution to the CGA, i. p., of 11% of remuneration subject to quota reduction of workers covered by social protection scheme of civil service pension at your service, and may, for this purpose, use the run balances from previous years with exemption from compliance with article 25 of law No. 91/2001, of 20 August, as amended by law No. 48/2004, 24 August. 2-remains at 15% of remuneration subject to quota discount the contribution of other entities, public or private, with administrative and financial autonomy, including the right: (a) administrative support to Structures) organs of sovereignty and other constitutional organs custom or autonomous with administrative and financial autonomy which are not covered by the preceding paragraph; b) services and central administration bodies, regional and local levels of the State, with administrative and financial autonomy; c) autonomous regions, for all the authorities and bodies of public administration not customized; d) local authorities, local authority services, federations and associations of municipalities and district assemblies; and) higher education institutions, private or cooperative, and not exceeding, private or cooperative; f) legal persons, irrespective of your public, private or other nature. 15


3-personal entities for which the CGA, i. p. is liable only for the cost of pensions, the contribution is equal to 3.75% of the remuneration of the staff subject to discount. 4-the preceding paragraphs takes precedence over any legal provisions, General or specific, to the contrary, with the exception of laying down, in respect of entities whose responsibilities with pensions were transferred to the CGA, i. p., a contribution of an amount equal to what they would pay, as employers, under the general social security scheme. Article 19 flexible Management in universities and colleges In 2008, pending the entry into force of the Statute to be adopted in accordance with the provisions of paragraph 1 of article 172 of law No. 62/2007 of 10 September, and whenever, for greater efficiency in the management of human and financial resources of the universities and polytechnics, as appropriate the respective Deans or Presidents, after a prior opinion of the competent bodies on the basis of matter, may: a) Reallocating staff and non academic staff between organic units, b) Redistribute budgetary resources between organic units. CHAPTER IV local Finance article 20 Amounts of participation of local authorities in State taxes 1-In 2008, the total amount of the participation of municipalities in the State tax is fixed at € 2 406 532 953 and the amount to be allocated to each municipality the appearing on the map in annex XIX.

16 2-the participation referred to in the preceding paragraph is distributed in accordance with paragraph 1 of article 19 of law No. 2/2007, of 15 January, as follows: a) A general subsidy set at € 1 880 879 608 for the financial stability Fund (ETF); b) a subsidy shall be specific € 151 493 982 to the Municipal Social Fund (WSF); c) A 5% stake in the personal income tax (IRS) of taxable persons with fiscal domicile in the respective territorial circumscription, calculated in accordance with subparagraph (c)) of paragraph 1 of article 19 of law No. 2/2007, of 15 January, set at € 374 159 363. 3-the final allocation between funds guarantees the participation of 5% on the IRS, the remaining amount being apportioned between the ETF and the FSM, having regard to the ratio of the percentages laid down in law No. 2/2007, of 15 January, for those funds, 25.3% and 2%, respectively. 4-In 2008, the amount of Municipal Social Fund indicated in subparagraph (b)) of paragraph 2 is intended exclusively to the powers currently exercised by municipalities in the field of education, to be distributed according to the indicators identified in subparagraph (a)) of paragraph 1 of article 28 of law No. 2/2007, of 15 January. 5-in the year 2008, the total amount of Financing of the Fund (FFF) is set at € 198 218 007 and the amount to be allocated to each parish the appearing on the map in annex XX. 6-the amount referred to in the preceding paragraph includes a reinforcement of € 1 418 565 for the parishes, in order to ensure that the amount of the participation of every parish in the FFF is equal to or higher than that of 2007.

17 7-for the purposes of paragraphs 1 and 4 of article 29, paragraph 4 of article 32, paragraph 2 of article 57, and paragraph 2 of article 60 of law No. 2/2007, of 15 January the establishment of capitation in these referred to is made taking into account the sum of municipal property tax (IMI) , of the municipal property transfer tax (IMT), the municipal tax on vehicles (IMV), the portion of the product of single tax (IUC) that constitutes revenue of municipalities and municipal participation in the IRS. Article 21 calculation of variables of the typology of urban areas of the parishes created subsequently to the General Census of the population from 1991 To 2008, for the purpose of calculating the participation of parishes created at a later date the General Census of the population in 1991, and for which there is no official classification, the classification adopted, within the framework of the typology of urban areas, is the respective parishes of origin. Article 22 Decentralization of responsibilities to the municipalities 1-during the year of 2008, the Government is authorized to transfer to the municipalities the appropriations entered in the budget of ministries concerning competencies to decentralization in the fields of education, health and social action, in particular those relating to: the) non-teaching staff of basic education; b) supply of meals and time extension support pre-school education; c) curricular enrichment Activities on the first cycle of basic education; d) management school in Park 2 and 3 cycles of basic education; 18 e) school social action in 2 and 3 cycles of basic education; f) support the development of municipal social letters; g) social support to individuals or families in situations of insecurity or vulnerability; h) family support components in pre-school on the public network of pre-school establishments; I) socio-educational animation activities on the public network of pre-school establishments; j) Activities of disease prevention and health promotion. 2-During the year 2008, is the Government allowed to legislate in order to regulate the taxation powers of municipalities, in relation to taxes whose revenue are entitled, under the conditions laid down in the law of Local Finances. 3-is extended until 31 December 2008, the period referred to in paragraph 1 of article 4 of law no 159/99 of 14 September, for the transfer of powers to the municipalities. 4-in the year 2008, for the purposes of law No. 159/99 of 14 September, the Government is authorized to transfer to the municipalities the funding necessary to exercise these new powers transferred under paragraphs 1 to 3. 5-is entered in the budget of the overheads of the State a fee of € 22 526 536, aimed at: offset the burden municipalities) supported with school transport pupils enrolled in 7, 8 and 9 years of schooling; b) compensate for the municipalities with the cost incurred for the transport of students from the 1st cycle determined by the reordering of the school network.

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6-the ratio of funds transferred under the preceding paragraph is published by order of the members of the Government responsible for the areas of local administration and finance. Article 23 metropolitan areas and municipalities associations is entered in the budget of the overheads of the State a fee of € 3 000 000, to distribute in direct proportion, in accordance with the following criteria: a) 1 500 000 € are assigned to major metropolitan areas of Lisbon and Porto, having regard to the number of associated municipalities in each entity and the full participation of the municipalities associated in State taxes in order to prepare your adaptation to metropolitan authorities; b) € 1 500 000 are distributed by the associations of municipalities with an area corresponding to NUTS III or the NUTS III aggregation; (c)) the distribution referred to in the preceding paragraph takes account of the principle of non-duplication and is based on the following criteria: i) number of entities concerned; II) number of municipalities associated in each entity; III) full participation of associated municipalities in State taxes. d) for the purposes of (a) above, in the cases of duplication, the municipality is only considered in broader entity.

20 article 24 compensation of elected members of Parish Councils-1 is entered in the budget of the overheads of the State a fee in the amount of € 5 000 000 to distribute the parishes referred to in paragraphs 1 and 2 of article 27 of law No. 169/99 of 18 September, to satisfaction of the remuneration and the costs of the Presidents of the joints that have opted for the regime of stay , full-time or part-time, deducted amounts for monthly compensation for the charges that they would get elected if they had remained under no permanence. 2-the ratio of the amounts transferred for each parish, under the preceding paragraph, is published by order of the Member of Government responsible for local administration. Article 25 Financial Aid and financial and technical cooperation-1 is entered in the budget of the overheads of the State a fee of € 2 500 000, for the purposes provided for in paragraphs 2 and 3 of article 8 of law No. 2/2007, of 15 January, as well as for the completion of ongoing projects, taking into account the period of application of the relevant funding programmes and the principles of fairness and balance in the territorial distribution. 2-transfers of appropriations to local authorities, not provided for in the preceding paragraph, are subject to prior approval of the members of the Government responsible for the areas of local administration and finance.

21 article 26 municipal funds 1-retention is retained the percentage of 0.2% of the municipal funds of each municipality in the Mainland, constituting a tenth of this revenue retention of Directorate General of local authorities, pursuant to c) of paragraph 2 of article 6 of the implementing Decree No. 44/2007, of 27 April. 2-the rest is intended to fund the operation of the technical assistance offices, as provided for in Decree-Law No. 58/79, of 29 March, being entered in the budget for this purpose of coordination and regional development commissions, of metropolitan areas or associations of municipalities, depending on who depend on these cabinets. 3-in the metropolitan areas of Lisbon and Porto, these are the beneficiaries of the funds mentioned in the preceding paragraph. Article 27 this provision does not encompass municipal Debt from the debt limits provided for in law No. 2/2007, of 15 January, loans and depreciation for the financing of investments under the initiative Qualification and Urban Reintegration operations of critical Neighborhoods which must be previously authorized by order of the Member of Government responsible for the area of finance. Article 28 amendment of law n° 53-F/2006, of 29 December article 32 of Act No. 53-F/2006, of 29 December, is replaced by the following: ' article 32 22 [...] 1 - [...]. 2 - [...]. 3 - [...]. 4-the provisions of this article shall apply to commercial companies in which municipalities, associations of municipalities and metropolitan areas of Lisbon and Porto hold, directly or indirectly, a social participation.» Article 29 amendment of law No. 2/2007 of January 15 article 36 of law No. 2/2007, of 15 January, is replaced by the following:% quot% article 36 [...] 1 - […]. 2-for the purposes of calculating the net debt limit and the limit of borrowings, the concept of total net indebtedness of each municipality includes:) [...]; b) net debt and loans of entities that are part of the local business sector and the entities referred to in paragraph 4 of article 32 of the legal framework for the local business sector, in proportion to the participation of the municipality in your social capital, in case of non-compliance with the rules of balance of accounts provided for in the legal framework for the local business sector. 23 3-[...]. 4 - […].» Chapter V social Security article 30 Adaptation of the forms of social security financing methods of protecting the funding of costs of protection guaranteed under the social security system shall be carried out according to the principles of diversification of sources of funding and adequacy established in the law of selective bases of social security. Article 31 management balances of the Institute of employment and vocational training, i. p. 1-management balances of the Institute of employment and vocational training, i. p., are transferred to social security and constitute its budget revenue. 2-the balances referred to in the preceding paragraph resulting from revenue from the implementation of programmes co-financed by the European Social Fund may mainly be held at the Institute of employment and vocational training, i. p., by joint decree of the Ministers responsible for the areas of finance and of labour and social solidarity. Article 32 Transfers for capitalisation 1-reverts to the Fund of Social Security's financial Stabilization (FEFSS) a parcel up to two percentage points of the percentage value corresponding to the contributions of employees. 24


2-annual balances of the insurance system, as well as the revenues resulting from sale of assets are also transferred to the FEFSS. Article 33 active mobilization and credit recovery of social security Is the Government, through the Minister responsible for the labour and social solidarity, with faculty of delegation, to write-off held by IGFSS, i. p., when there is the same lack of justification or are insufficiently documented or when your irrecuperabilidade in consequence of the absence of the debtor's attachable assets. Article 34 funds on a funded the budgeting of financial flows stemming from transactions associated with the management of the portfolio of assets of the funds under administration of IGFCSS, i. p., is carried out in accordance with the following rules: a) the revenues in financial derivatives operations are deducted from the costs of the same operations, being the respective balance always subscribed to revenue heading; b) interest received in the representative values of debt sales are deducted from interest paid on acquisition of the same genus, being the respective balance always subscribed to revenue heading; c) subparagraphs (a) prior does not dispense individualized accounting registration of all financial flows, even if merely book associated with the operations on them.

25 article 35 transfer of credits 1-social security can, exceptionally, to divest the holding credits corresponding to debts of contributions, contributions and interest within the framework of economic and financial viability processes involving the taxpayer. 2-the transfer can be made at face value or market value of the credit. 3-the sale of credits for market value follows one of the approved procedures by the competent official. 4-the sale provided for in this article cannot be in favor: a) the taxpayer; (b)) of the members of the governing bodies, when the debt respects the exercise of your Office; c) of entities with patrimonial relevance comparable. 5-the jurisdiction assigned under paragraph 3 may be delegated by the organ's decision holds, under the code of administrative procedure. Article 36 disclosure of lists of taxpayers the lists referred to in (a)) of paragraph 5 of article 64 of the general tax law applies to taxpayers debtors to social security.

26 article 37 Transfers under the National strategic reference framework 1-Is the Government allowed to proceed to the transfer of funds under the heading «vocational training» functional to the heading ' administration ' entered in the functional map XI, ' social security Expenditure by functional classification», to cope with accrued charges arising out of the use of the approved credit line to compensate for delays that will check for transfers of the European Social Fund in particular due to interest rate variations. 2-it is also the Government authorized to transfer funds up to a maximum of € 2 000 000 under the heading ' administration ' functional to functional ' vocational training ' section included in map XI, ' social security Expenditure by functional classification», if you will use the credit line approved. 3-the changes referred to in the preceding paragraphs depend on authorization of the Ministers responsible for the areas of finance and of labour and social solidarity. Article 38 certified retirement fund During the year of 2008, the Government can create a capitalization Fund, under the rules of public savings scheme provided for in article 82 of law No. 4/2007, of 16 January. Article 39 National Institute for outsourcing the use of leisure time, i. p. Gets the Government authorized to establish, by Ordinance, the rules of transfer of the budget allocated by this law to the National Institute for the use of spare time, I. P., to the private foundation of public utility that you succeed. 27 article 40 the Outsourcing Institute António Sérgio Cooperative Sector, i. p. Gets the Government authorized to establish, by Ordinance, the rules of transfer of the budget allocated by this law to Institute Cooperative Sector António Sérgio, i. p., for the entity that you succeed. Article 41 amendment to Decree-Law No. 140-D/86, of 14 June article 19 of Decree-Law No. 140-D/86, of 14 June, amended by decree-laws Nos. 295/86, of 19 September, and 102/89, of 29 March, by laws Nos. 2/92 of 9 March, 75/93, of December 20, 39-B/94 , December 27, 52-C/96, of December 27, 87-B/98, of 31 December, and by Decree-Law No. 199/99, of 8 June, is replaced by the following:% quot% article 19 [...] 1-budgeted contributions under the system By, in the continental territory, constitute own resources: a) the Institute of employment and vocational training, i. p., a percentage of 4.7% for the employment and vocational training policy; (b)) of the Institute of management of the European Social Fund, i. p., a percentage of 0.03% for employment and vocational training policy; (c)) of the authority for working conditions, a rate of 0.20% intended for the improvement of working conditions and hygiene policy, occupational safety and health; 28


(d)) of the National Agency for qualifications, i. p., a percentage of 0.06% for employment and vocational training policy; and) of the Directorate-General for employment and labour relations, a percentage of 0.01% for employment and vocational training policy: 2-Constitute own resources of the autonomous regions of Madeira and the Azores, a percentage of 5% of the budgeted contributions in their respective territories, within the framework of the Insurance System, aimed at employment policy and vocational training.» CHAPTER VI direct taxes section I personal income tax article 42 Amendment to the code of the personal income tax articles 5, 9, 12, 22, 31, 53, 54, 59, 68, 70, 71, 73, 79, 82, 84, 85, 86, 87, 100, 102 and 127 of the code of the personal income tax, as designated by the IRS code approved by Decree-Law No. 442-A/88 of 30 November, are replaced by the following: ' article 5 [...] 1 - […]. 2-the fruits and economic benefits referred to in paragraph 1 shall include, in particular: the 29) [...]; b) […]; c) […]; d) […]; e) […]; f) […]; g) interest or any accrued financial claim arising from the extension of their maturity or live in your payment, be cool are, with the exception of contractual interest payable to the State or other public entities for delay in settlement or lives in the payment of any fees and interest assigned under a compensation not subject to taxation in accordance with paragraph 1 of article 12 h) [...]; i) […]; j) […]; l) […]; m) […]; n) […]; o) […]; p) […]; q) […]; r) […]. 30 3-[...]. 4 - […]. 5 - […]. 6 - […]. 7 - […]. 8 - […]. 9 - […]. 10-the income referred to in subparagraph q) of paragraph 2 are, for all intents and purposes, assimilated to interest. Article 9 [...] 1-[...]:) [...]; b) compensation for the repair of damage of assets, with the exception of fixed by judicial or arbitration decision or resulting from approved agreement judicially, unproven and incidental lost profits, considering the latter as such only those which are intended to compensate the net benefits left to obtain as a result of the injury; c) […]; d) […]. 2 - […]. 3 - […]. 4 - […]. 31 article 12 [...] 1-the IRS does, except as to the benefits provided for in the legal regime of accidents and occupational diseases established by Decree-Law No. 503/99, of 20 November, on the compensation due as a result of injury, illness or death, paid or assigned: the State, autonomous regions) or local authorities, as well as any of your services , institutions or organisations, yet customized, including public institutes and public funds; or, b) under the insurance contract, court decision or agreement approved in court. 2 - […]. 3 - […]. 4 - […]. 5-the IRS does not affect: a) the scholarships granted to high performance sports practitioners by the Olympic Committee of Portugal or the Portuguese Paralympic Committee of Portugal, under the contract-programme of preparation for the Olympic Games or Paralympic Games Federation and its holder the status of a public service, in accordance with article 30 of Decree-Law No. 125/95, of 31 May , as amended by Decree-Law No. 123/96, of 10 August;

32 b) sports training scholarships, recognised as such by order of the Minister of finance and member of the Government governing sports, assigned by the respective holder of the Federation statute sports utilities to sports agents, namely, practitioners, judges and referees, up to the maximum annual amount corresponding to five times the amount of the minimum monthly wage; c) prizes awarded to high performance sports practitioners, as well as their coaches, for relevant ratings obtained in high prestige sports and competitive level, recognised as such by order of the Minister of finance and member of the Government sports governing in particular the Olympic Games and Paralympic Games, World Championships or European Championships, pursuant to Decree-Law No. 125/95 , May 31, the ministerial order No. 393/97, of 17 June and the ministerial order No. 211/98, of 3 April. 6-the IRS does not affect the increases in wealth from free broadcasts subject to stamp duty, or those who are expressly provided for in standard negative delimitation of incidence of this tax. Article 22 [...] 1-[...]. 2 - […]. 3 - […]. 4 - […]. 33 5-When the taxable person exercises the option referred to in paragraph 3, is therefore obliged to encompass the totality of income included in paragraph 6 of article 71 and in paragraph 6 of article 72 6-[...]. 7 - […]. Article 31 [...] 1-[...]. 2 - […]. 3 - […]. 4 - […]. 5-for the purposes of paragraph 2, shall apply to the services provided in the hotel sector and similar scope, catering and drinks, as well as to the amount of the fees for the operation, the coefficient of 0.20 there indicated. 6 - […]. 7 - […]. 8 - […]. 9 - […].

34 article 53 [...] 1-To gross income in category H annual value equal to or less than € 6 000 from your competition so far, the entirety of your amount for each holder that you have received. 2 - [...]. 3 - [...]. 4-To gross income in category H are still deducted: the unions, the contributions) part that do not constitute consideration of benefits relating to health, education, support for the elderly, housing, insurance or social security and provided they do not exceed, for each taxpayer, 1% of the gross income of this category, being plus 50%; b) mandatory contributions to social protection systems and legal health subsystems. 5-The gross income in category H annual value exceeding € 30 000, by holder, have a deduction equal to the amount referred to in paragraph 1, down, until your competition, 13% of the part that exceeds that value. 6 - [...]. 7 - [...]. Article 54 [...] 1-[...]. 35 2-When the part corresponding to capital cannot be discriminated against, the total slaughter, income for the purpose of determining the taxable amount, an amount equal to 85%. 3 - […]. 4 - […].


Article 59 [...] 1-[...]. 2-going on legal separation, each spouse may file a single statement of their own income and the income of dependents to your post, but, in this case, observe the following: a) [...]; b) […]; c) each of the spouses shall be entitled to the deduction referred to in point (a)) of paragraph 1 of article 79 article 68 [...] 1-tax rates are listed in the following table: 36 2-the amount of taxable income, when exceeding € 4639, is divided into two parts: one, equal to the limit of the highest of ranks that it fits , which applies the rate in column (B) corresponding to that rank; another, equal to the surplus, which applies to the rate column (A) concerning the next higher echelon.



Taxable income (in EUR) Rates (in percentages) (A) (B) up to more than 10.5 10.5000 4639 4639 until 7017 13 11.3472 over 7017 until more than 23.5 18.5994 17401 17401 until 40020 34 27.3037 more than 58000 40020 36.5 30.1545 over to 58000 until 62546 40 30.8701 exceeding 62546 42 37 article 70 [...] 1-the application of the rates laid down in article 68 cannot work , for holders of predominantly income from employment, the availability of a net income tax rate less than the annual amount of the minimum monthly wage plus 20%, not result any tax to the same income, whose taxable income, after the application of marital quotient is equal to or less than € 1850. 2 - […]. Article 71 [...] 1-[...]. 2 - […]: a) […]; b) […]; c) [Repealed]; d) […]; e) [Repealed]; f) […]; g) […]. 3 - […]: a) […]; 38 b) [...]; c) […]; d) […]; and) income from employment and income from professional activities specifically provided for in the list referred to in article 151, although arising from isolated acts, and in points (a) to (d)), and) and g) of paragraph 2 of article 3, earned by non-residents in Portuguese territory, with the exception of income from intermediation in the conclusion of any contract; f) pensions paid to non-residents in Portuguese territory. 4 - […]: a) […]; b income referred to in subparagraph (a)) f) of paragraph 1 of article 18, with the exception of those covered by subparagraph (e)) of the preceding paragraph, paid or made available to non-residents in Portuguese territory; c) […]. 5 - […]. 6 - […]. 7 - […].



39 article 73 [...] 1-undocumented expenses, incurred by taxable persons who have or should have organised accounting, within the business and professional activities, are taxed separately at a rate of 50%. 2 - […]. 3 - […]. 4 - […]. 5 - […]. 6 - […]. 7 - […]. 8 - […]. 9 - […]. Article 79 [...] 1-[...]:) [...]; b) […]; c) […]; d) 40% of the value of the minimum monthly wage, for each non-taxable dependent of this tax; e) […]. 40 2-[...]. 3-minus (d)) of paragraph 1 is raised to double, in the case of dependent on not more than three years of age until 31 December of the year concerned the tax. 4-[previous paragraph 3]. Article 82 [...] 1-[...]:) [...]; b) […]; c) […]; d) acquisition of other goods and services directly related to health expenses of the taxpayer, of your household, their ascendants and collaterals to the 3rd degree, duly justified through prescription, with the limit of € 62 or 2.5% of the amount referred to in (a)), b) and (c)), if higher. 2 - [...]. Article 84 [...] Are tax deductible tax credits 25% of the costs of nursing homes and elderly support institutions relating to taxpayers, as well as the costs of homes and autonomous residences for people with disabilities, dependents, ascendants and collaterals to the 3rd degree which do not have incomes above the minimum monthly wage, with the limit of 85% of the minimum monthly wage. 41 Article 85 [...] 1-[...]: the) interest and amortization of debts incurred with the acquisition, construction or renovation of buildings for personal and permanent residence or rental housing permanent duly established the lessee, with the exception of depreciation incurred by mobilization of housing savings account balances, up to a limit of € 586; b) benefits payable as a result of contracts concluded with housing cooperatives or under the group buying regime, for the acquisition of immovable property intended for the personal and permanent residence or rental for permanent housing tenant, duly proven, in part to comply with the interest and depreciation of the corresponding debt, up to a limit of € 586; c) Amounts, net of subsidies or assistance officers, supported by way of rent by tenant of urban building or of autonomous fraction for your permanent home, when relating to lease agreements concluded under the guise of urban rent Regime, approved by Decree-Law No. 21-B/90 of 15 October, or the new urban rent Regime, approved by law No. 6/2006 , 27 February, or paid under income by leasing contract concerning property for personal and permanent residence made under this scheme, the part that do not constitute capital amortisation, up to a limit of € 586. 42


2-Are also tax deductible tax credits, as long as you're not likely to be considered costs in category (B), 30% of the amount spent with the acquisition of new equipment for use of renewable energy and of equipment for the production of electrical energy and heat (cogeneration) or for microturbines, with performance up to 100 kW, consuming natural gas, including additional equipment essential for your operation with the limit of € 777. 3-the deductions referred to in paragraph 1 are not cumulative. 4 - […]. 5 - […]. Article 86 [...] 1-are tax deductible tax credits 25% of amounts spent with personal accident insurance premiums and life insurance to ensure only the risk of death, disability or retirement for old age, in the latter case since the benefit is guaranteed after 55 years of age and 5 of duration of the contract relating to the taxable person or their dependants , paid by him or by a third party, provided that, in this case, have been proven to be taxed as income of the taxpayer, with the limit of € 62, in the case of taxable persons not married or legally separated in person and assets, or € 124, in the case of taxable persons married and not legally separated in person and assets. 2 - […]. 3-[...]: 43 a) in the case of taxable persons not married or legally separated in person and assets, up to a limit of € 82; b) in the case of taxable persons married and not legally separated in person and assets, up to a limit of € 164; (c)) For each dependent to your position, the limits of the above are high at € 41. 4 - […]. 5 - […]. Article 87 [...] 1-are tax deductible tax credits for each taxable person with disabilities a winning amount 3.5 times the monthly minimum wage for each disabled dependent, as well as for each ascendant with disabilities that is subject to the conditions of point (e)) of paragraph 1 of article 79, an importance equal to 1.5 times the minimum monthly wage. 2 - […]. 3 - […]. 4 - […]. 5 - […]. 6 - […]. Article 100 [...] 1-[...]: 44 levels of Annual Remuneration (in euros) Rates (percentages) Until 0 4990 4990 Of 5893 2 Of 5893 even until 69970 4 Of 6990 until 8883 6 Of 8683 until 10510 8 Of 10510 until 12146 10 Of 12146 until 13914 12 Of 13914 until 17441 15 Of 17441 until 22667 18 Of 22667 until 28698 21 Of 28698 until 39220 24 Of 39220 until 51807 27 Of 51807 until 86346 30 Of 86346 until 129546 33 Of 215955 36 215955 129546 until Of up to more than 479523 38 479523 40 45 2-[...]. 3-When there is no possibility to determine the estimated annual remuneration, whether paid or made available in excess of the income limit of € 4990, applies the provisions of paragraph 1. 4 - […]. Article 102 [...] 1-[...]. 2-the totality of the payments on account is equal to 75% of the amount calculated on the basis of the following formula: C x RLB-R RLT in the symbols used have the following meaning: C = collection of junior year, net of deductions referred to in paragraph 1 of article 78, with the exception of deduction set out in subparagraph (h)); R = total withholdings made in the penultimate year of category B income; RLB = positive net income of the penultimate year of category B; RLT = total net income of the penultimate year. 3 - [...]. 4 - [...]. 5 - [...]. 6 - [...]. 7 - [...]. 46 article 127 statement of charges 1-credit institutions, housing cooperatives, insurance companies and fund managers companies and other complementary schemes referred to in articles 14 and 21 of the tax benefits Statute shall communicate to the Directorate-General of taxes, by the end of February each year, in official template declaration in relation to the previous year and every taxpayer: a) interest and amortizations concerning debts incurred with the acquisition, construction or renovation of buildings for personal and permanent residence or rental, with the exception of depreciation incurred by mobilization of housing savings account balances, which may be deducted from tax liabilities; b) the premiums paid in respect of life insurance contracts which guarantee exclusively the risk of death, disability or old age pension, personal accident and, yet, the covering exclusively health risks, which may be slaughtered or deducted income tax credits; (c)) the amounts applied to pension funds and other supplementary social security schemes referred to in articles 14 and 21 of the Tax benefits statute; (d)) the amounts paid to beneficiaries with non-compliance with the conditions laid down in paragraph 1 of article 86, as well as the title of rescue, advances or reimbursement of certificates in accordance with article 14 and article 21 of the Tax benefits Statute. 47 2-the entities referred to in the preceding paragraph, shall also deliver to taxpayers, until 20 January each year, proof of interest, life insurance premiums and other charges paid by those in the previous year and which may be slaughtered or deducted income tax credits. 3-within the time limit referred to in the preceding paragraph, entities that receive or pay any other sums which may be deducted to income or deduction to the final tax liability, should deliver to taxpayers their proof.» Article 43 Repeal of provisions of the IRS code-1 Are repealed (a) (c)) and e) of paragraph 1 of article 71 of the IRS code, approved by Decree-Law No. 442-A/88 of 30 November. 2-Are also repealed articles 121 and 122 of the IRS code, approved by Decree-Law No. 442-A/88 of 30 November, without prejudice to the fulfilment of the obligations laid down in them during the year of 2008. Article 44 special rules of production of effects of changes within the IRS 1-amendment introduced by this law by article 127 of the IRS code, approved by Decree-Law No. 442-A/88 of 30 November, applies to obligations which must be complied with from 1 January 2009. 2-the amendment introduced by this law in paragraph 5 of article 31 of the IRS code shall apply to the 2006 and subsequent exercises. 48


Article 45 amendment to supplementary legislation under the IRS article 18 of Decree-Law No. 42/91, of 22 January, as amended by decree-laws Nos. 263/92, of 24 November, 95/94, April 9, and 18/97, of 21 January, by law No. 87-B/98, of December 31, by decree-laws Nos. 134/2001 , April 24, 194/2002, of 25 September, 80/2003, of 23 April, 160/2003, of July 19, and 211/2005, 7 December, and by law No. 53-A/2006, of 29 December, which regulates the retention of IRS formulas, is replaced by the following:% quot% article 18 [...] 1 - […]. 2 - […]. 3-the proof referred to in the preceding paragraph shall be made until the expiry of the deadline for delivery of the tax that should have been deducted under the applicable legal standards. 4-the form referred to in paragraph 2, properly certified, have a validity of one year from the date of certification by the competent authority of the State of residence of the beneficiary entity of income, and immediately inform the entity that is required to proceed with the withholding tax changes in the assumptions on which the total or partial exemption from withholding tax. 5-without prejudice to the provisions of the following paragraph, when no proof is made until the expiry of the deadline for delivery of the tax, the tax substitute is obliged to deliver all of the tax that should have been deducted under the law. 49 6-Without prejudice to the responsibility for offences, the liability established in the preceding paragraph can be removed whenever the proxy proves with the document referred to in paragraph 2 of this article the verification of the assumptions for the total or partial exemption. 7-beneficiaries of the income, that the conditions referred to in paragraph 1 may request the total or partial refund of the tax has been withholding, within a period of two years counted from the end of the year in which the chargeable event, upon presentation of a standard form approved by the Minister of finance and When appropriate, other elements which make it possible to assess the legitimacy of repayment.» Article 46 legislative authorization under the IRS Is the Government allowed to legislate by creating, in the IRS Code for non-resident taxpayers, with residence in another Member State of the European Union, an optional regime of assimilation to taxpayers resident in Portuguese territory, in the direction of; the) provide that non-resident taxpayers, with residence in another Member State of the European Union, which receive at least 90% of your total income in Portuguese territory, can opt for assimilation to resident taxpayers; b) provide that, in such circumstances, the income from abroad of the non-resident taxpayer must be taken into account for the purposes of determining the rate applicable to income derived in Portuguese territory;

50 c) extend the application of this option scheme the household income of non-resident, when at least 90% of the income of any household have your source in Portuguese territory. Section II corporate income tax article 47 Amendment to code of corporate income tax 1-articles 14, 40, 42, 53, 75, 81, 89, 90, 90-A, 109, 112 and 113 of the code of the corporate income tax, as designated by the IRC code, approved by Decree-Law No. 442-B/88 , Nov 30, are replaced by the following: ' article 14 [...] 1 - […]. 2 - […]. 3-are exempt from the profits that an entity resident in Portuguese territory, under the conditions laid down in article 2 of Directive 90/435 number/EEC of the Council of July 23, place at the disposal of an entity resident in another Member State of the European Union that is in the same condition and holding directly an equity stake in the first of at least 10% or with a purchase price of at least € 20 000 000 and since this has remained in your title, continuously, for a year. 4 - […]. 5 - […]. 51 6-the exemption referred to in paragraph 3 and to the provisions of paragraph 4 shall also apply in respect of profits that an entity resident in Portuguese territory, under the conditions laid down in article 2 of Directive 90/435 number/EEC of the Council of July 23, place at the disposal of a permanent establishment, situated in another Member State, of an entity resident in a Member State of the European Union that is in the same condition and holding in whole or in part, through the permanent establishment a direct participation of at least 10% or with a purchase price of at least € 20 000 000, as long as this remained in your title, continuously, for a year. 7 - […]. 8 - […]. 9 - […]. Article 40 [...] 1-[...]. 2 - […]. 3 - […]. 4 - […]. 5 - […]. 6 - […]. 7 - […]. 8 - […]. 9 - […]. 52 10-[...]. 11-[...]. 12-[...]. 13-[...] 14-the Directorate-General of taxes may allow the condition referred to in point (b)) of paragraph 4 be sure to check, in particular, in the case of entities subject to corporate restructuring processes, upon request, to be submitted before the end of the tax period of occurrence of the amendments, it is shown that the differentiation introduced is based on objective criteria. Article 42 [...] 1-[...]:) [...]; b) […]; c) […]; d) […]; e) […]; f) […];

53 g) costs not properly documented; h) […]; i) […]; j) […]. 2 - […]. 3 - […]. 4 - […]. Article 53 [...] 1-[...]. 2 - […]. 3 - […]. 4 - […]. 5 - […]. 6-for the purposes of paragraph 4, shall apply to the services provided in the hotel sector and similar scope, catering and drinks, as well as to the amount of the fees for the operation, the coefficient of 0.20 there indicated. 7 - […] 8 - […]. 9 - […]. 10-[...]. 54


11-[...]. 12-[...]. 13-[...]. 14-where the application of technical-scientific base indicators referred to in paragraph 3, to determine a taxable income higher than results of the coefficients set out in paragraph 4, or there is any change to the minimum amount of taxable income set out in the latter part of that paragraph, with the exception of the consequence of updating of the value of the minimum monthly wage can the taxpayer in the year of entry into force of those indicators or the amendment of the said minimum amount, opt, within the time limit and under the conditions laid down in point (b)) of paragraph 7, by applying the general regime for determining taxable profit, although it does not have the minimum period of permanence in the simplified scheme. 15-[...]. 16-the minimum amount of taxable income set out in the final part of paragraph 4, shall not apply to: a) in starting and cessation of activity; b) To taxable persons with cases under the Code of insolvency and business recovery, approved by Decree-Law No. 53/2004, of March 18, from the pursuit of the establishment of this process and to the exercise of your conclusion; c) taxable persons who have not received income for the respective tax period and have delivered the Declaration of cessation of activity referred to in article 33, of the VAT code. 55 Article 75 [...] 1-[...]. 2 - […]: a) […]; b) this difference, when negative, is regarded as less added value, being deductible only when the shares have remained in the ownership of the taxpayer during the three years immediately preceding the date of the dissolution, and the amount which exceeds the tax losses transmitted in the context of the application of the special regime for taxation of groups of companies and since the entity liquidated is not resident in country , territory or region with clearly more favourable tax regime on the list approved by order of the Minister of finance. 3 - […]. 4 - […]. Article 81 [...] 1-undocumented expenses are taxed separately at a rate of 50%, without prejudice to the not your account as cost in accordance with article 23 2-[...]. 3 - […]. 4 - […]. 56 5-[...]. 6 - […]. 7 - […]. 8 - […]. 9 - […]. 10-[...]. 11-[...]. 12-[...]. Article 89 [...] 1-where, in relation to profits referred to in paragraphs 3, 6 and 8 of article 14, there was place the withholding tax by not checking the temporal requirement of detention of minimum participation in them foreseen, there may be place on the tax return that has been withholding until the date on which complete the one-year period of continuous detention of participation , at the request of the beneficiary entity of income, addressed to the competent services of the Directorate-General of taxes, to be submitted within two years from that date, and must be made proof required under paragraph 4 or in paragraph 9 of the same article, as the case may be. 2 - […]. 3 - […]. Article 90 [...] 1-[...]. 57 2-there is no obligation to withhold IRC, in whole or in part, as appropriate, when taxpayers benefit from total or partial exemption on income that would be subject to this withholding tax, is made to be the proof to the entity responsible for payment, treatment of that leverage, until the expiry of the deadline for delivery of the tax that should have been deducted. 3-When not the proof referred to in the preceding paragraph, the tax substitute is obliged to deliver all of the tax that should have been deducted under the law. 4-responsibility established in the preceding paragraph may be rebutted where the proxy proves the verification of the assumptions for the total or partial exemption. Article 90 [...] 1-[...]. 2-in the situations referred to in the previous paragraph, as well as in subparagraph (g)) of paragraph 2 of article 80, the beneficiaries of the income must prove before the entity is obliged to withhold, until the expiry of the deadline for delivery of the tax that should have been deducted under the applicable legal standards:) [...]; b) […]. 3-the forms referred to in the preceding paragraph, duly certified, are valid for a maximum of: a) [...]; b) […]. 58 4-Notwithstanding the previous paragraph, when the beneficiary entity of the income whether a central bank or a governmental nature agency domiciled in a country with which Portugal has concluded Convention for the avoidance of double international taxation, the proof referred to in paragraph 2 is made only once, being waived to your periodic renewal and the beneficiary entity of income immediately inform the entity responsible for paying, or changes in the assumptions on which the total or partial exemption from withholding tax. 5-without prejudice to the provisions of the following paragraph, when no proof is made until the expiry of the deadline for delivery of the tax, and, in the cases provided for in paragraphs 3 et seq. of article 14, is the tax substitute required to deliver all of the tax that should have been deducted under the law. 6-Without prejudice to the responsibility for offences, the liability established in the preceding paragraph can be removed whenever the proxy proves with the document referred to in paragraph 2 of this article or in paragraphs 3 et seq. of article 14, as the case may be, the verification of the assumptions for the total or partial exemption. 7-The beneficiaries of income, to check the conditions referred to in paragraph 1 of this article and in paragraphs 3 et seq. of article 14, when proof has not been carried out under the terms and conditions established, may request the total or partial refund of the tax has been withholding, within a period of two years counted from the end of the year in which the chargeable event on presentation of a standard form approved by the Minister of finance and, when necessary, of other elements which make it possible to assess the legitimacy of the refund. 59 8-[previous paragraph 6]. 9-[previous paragraph 7]. Article 109 [...] 1-[...]. 2 - […]. 3 - […]. 4 - […]. 5 - […]. 6 - […]: a) […]; b) Getting income, benefit from definitive exemption, although it does not include the income from capital and since they have been taxed by final withholding tax; c) […]. 7 - […]. 8 - […]. 9 - […]. Article 112 [...] 1-[...]. 2 - […]. 60


3 - […]. 4 - […]. 5-in the cases referred to in the preceding paragraph, the Declaration must be submitted: a) in respect of income derived from property, except your gains resulting from the disposal, the gains referred to in subparagraph (b)) of paragraph 3 of article 4, and the income referred to in paragraph 3) and in article 8) to subparagraph (c)) of paragraph 3 of article 4, by the last working day of the month of may of the year following that to which they relate or to the last business day of the time limit of 30 days from the date on which it ceases to obtain incomes; b) […]; c) […]; d) […]. 6 - […]. 7 - […]. 8 - […]. 9 - […]. 10-[...]. Article 113 [...] 1-[...]. 2 - […]. 3 - […]. 61 4-in the case of cessation of activity, in accordance with paragraph 5 of article 8, the Declaration on the exercise in which the same has occurred shall be submitted within the period referred to in paragraph 3 of article 112, also this deadline for submission or sending of the Declaration on the immediately preceding financial year, when they have not yet elapsed the deadlines specified in paragraphs 2 and 3. 5 - […]. 6 - […].» 2-the amendment introduced by this law in paragraph 6 of article 53 of the IRC code shall apply in determining taxable profit of 2006 and subsequent exercises. Article 48 addition to the IRC code is added to the IRC code, approved by Decree-Law No. 442-B/88 of 30 November, article 128, with the following text:% quot% article 128-the prior agreements on transfer pricing 1-taxpayers can request the IRS, for the purposes of article 58 of the IRC code, the conclusion of an agreement that has as its object to establish with previous character, the method or methods that may ensure the determination of the terms and conditions that would normally be awake, accepted or practiced between independent entities in the commercial and financial operations, including the provision of intra-group services and cost-sharing agreements, made with entities with which they are in a situation of special relations or in operations carried out between the head office and the permanent establishments. 62 2-where the taxpayer wishes to include under the agreement transactions with entities with which there are special relations residing in country with which it has been celebrated a Convention designed to eliminate double taxation, must request that the request referred to in the preceding paragraph, is subject to the respective competent authority under the mutual agreement procedure to establish for this purpose. 3-the application is addressed to the director-general of taxes and must: a) make a proposal on the methods of determining the transfer prices reasoned and educated with the relevant documentation; b) Identify the transactions covered and the duration; c) be subscribed by all entities involved in the operations that you want to include in the agreement; d) Contain a declaration by the taxpayer on the line of duty of collaboration with the tax authorities in the provision of information and the provision of necessary documentation without any rule can be opposite of professional or trade secrecy. 4-the agreement reached between the IRS and the competent authorities of other countries, when appropriate, is reduced to writing and notified to the taxpayer and other entities concerned, to express, in writing, to your acceptance. 5-the agreement is confidential and the information transmitted by the taxpayer in the negotiation process are protected by the duty of confidentiality. 6-The elements contained in the agreement shall indicate the method or methods accepted, the transactions covered, basic assumptions, review conditions, revocation and prolongation and the period of validity, which may not exceed three years. 63 7-there is no changes in applicable law or significant variations of the economic circumstances and operational and other basic assumptions that underlie the methods, the IRS is bound to act in accordance with the terms set forth in the agreement. 8-taxpayers may not claim or appeal of the content of the agreement. 9-requirements and conditions for the formulation of the request, as well as procedures, information and documentation relating to the conclusion of the agreements are regulated by order of the Minister of finance.» Article 49 legislative authorization under the IRC 1-Is the Government allowed to establish a transitional regime for the calculation of the taxable profit applies to entities which must necessarily apply the accounts plan for insurance companies approved by the enabling Regulation No. 4/2007-R, of 27 April, the Instituto de Seguros de Portugal. 2-the meaning and extension of the legislation to be approved by the Government in accordance with the provisions of the preceding paragraph are the following: a) Establish that changes in fair value of financial instruments classified as financial assets or liabilities at fair value through profit or loss» compete for the formation of the taxable profit, unless the shares corresponding to more than 5% of the share capital or equity instruments that are not admitted to trading on regulated market; (b)) provide that in cases where there is a coverage ratio of fair value, the changes in fair value of the hedging instruments and the elements covered compete for the formation of the taxable profit for the year in which must be recognised in the accounts; 64


c) stipulate that the assets classified as «tangible fixed assets, intangible assets», «investment property», or «non-current assets held for sale ', as well as the shares, with the exception of those covered by the above, are considered, for tax purposes, assets; d) stipulate that the assets classified as «investment property» or «non-current assets held for sale ' tax regime is applicable to financial investments; and) without prejudice to the provisions of the above, take the deduction for tax purposes of impairment adjustments», of the «provisions for impairment ' and other variations in fair value, except if and to the extent that the same were already deducted; f) establish the multiannual economic projection charges referred to in paragraph 4 of article 17 of the implementing Decree No. 2/90 of 12 January, shall be distributed in equal parts, for a minimum period of three years that are recognized in the accounts within a period of less than; g) provide that costs related to short-term benefits for employees whose entitlement has been obtained in the previous taxation period to your payment, including the bonuses by way of participation in the results are accepted as costs for tax purposes in the year in which they are recorded, since, in the latter case, comply with the conditions laid down in paragraphs 2 to 5 of article 24 of the IRC code; h) lay down that, without prejudice to the provisions of paragraph 4 of article 23 and in article 40, both of the IRC code, charges with long-term benefits and termination of employees only are accepted as fiscal cost in the tax period in which they are placed at the disposal of the respective beneficiaries; 65 i) provide that the income or gains must always be considered by the respective gross value, or total nominal, and must be corrected, for tax purposes, in particular, the effects arising from its present value or current accounting of financial flows or uncertainty about their collectability; j) provide that the variations of assets resulting from the recognition or derecognition of assets or liabilities, or disfigure its measurement, resulting from the first-time adoption of GAAP referred to in paragraph 1 and which, in terms of the IRC code with the adjustments under this scheme are considered as fiscally relevant compete in equal parts, to the formation of the taxable profit for the fiscal year that starts in 2008 and the four subsequent years; l) Repeal article 79 of the IRC code, applying the following arrangements to the assets whose more or unrealised losses are included in the portfolio of the Fund for future appropriations at the end of the period immediately preceding the adoption of the new scheme: i) capital gains and unrealised losses on assets that are measured at fair value through profit and loss , compete for the formation of the taxable profit of the period from the adoption of the new regime; II) capital gains and unrealised losses on assets that are measured at fair value or the value revalued through equity, contributing to the formation of the taxable income of the period in which takes place the derecognition of the asset; 66 iii) the acquisition value, for tax purposes, of the property, plant and equipment and investment properties is to match the balance at the end of the last reporting period that were dedicated to the portfolio of investments representing technical reserves of life insurance with profit sharing; m) dispense with the entities referred to in paragraph 1 the obligation stipulated in paragraph 1 of article 14 of Decree-Law No. 35/2005, of 17 February. CHAPTER VII section I indirect taxes value added tax article 50 Amendment to the code of value added tax articles 7, 9, 16, 19, 22, 23, 24, 27, 39, 40, 56, 60, 74, 83 and 88 of the code of value added tax, as designated by the VAT code approved by Decree-Law No. 394-B/84 , of 26 December, shall be replaced by the following: ' article 7 1-[...]. 2 - […]. 3 - […]. 4 - […]. 5 - […]. 6 - […]. 67 7-[...]. 8 - […]. 9 - […]. 10-where, in later time the transmission, intra-Community acquisition or importation of motor vehicles, is due for your vehicle tax transformation, displacement or change of chassis, the tax is due and payable at the time that occurs this transformation or alteration. 11-[...]. Article 9 [...]: 1) [...]; 2) […]; 3) […]; 4) […]; 5) […]; 6) […]; 7) […]; 8) […]; 9) […]; 10) [...]; 11) [...]; 12) [...]; 68 13) [...]; 14) [...]; 15) [...]; 16) [...]; 17) [...]; 18) [...], 19) [...]; 20) [...]; 21) [...]; 22) [...]; 23) [...]; 23-A) [...]; 24) [...]; 25) [...]; 26) [...]; 27) [...]; 28) [...]; 29) [...]; 30) [...]; 31) transactions subject to tax municipal property transfer tax real estate; 32) [...]; 69 33) [...]; 34) [...]; 35) [...]; 36) [...]; 37) [...]; 38) [...]; 39) [...]; 40) [...]; 41) [...]. Article 16 1-[...]. 2 - […]. 3 - […]. 4 - […]. 5 - […]. 6 - […]. 7-[Repealed]. 8 - […]. 9-where the particulars necessary for determining the taxable value are expressed in a currency other than the national currency, the exchange rates to be used are the constants of the indicative tables published by the European system of central banks (ESCB) or the sale charged by any Bank established in the national territory. 70 10-[...]. Article 19 1-[...]. 2-Only gives right to deduct the tax mentioned in the following documents, in name and in possession of the taxpayer: a) In invoices and equivalent documents passed in legal form; b) on the receipt of payment of VAT that is part of the import declarations, as well as in documents issued electronically by the Directorate General of customs and excise duties, in which the record the number and date of the movement. 3 - […]. 4 - […]. 5 - […]. 6 - […]. Article 22 1-[...]. 2 - […]. 3 - […]. 4 - […]. 5-If, after 12 months for the period in which the excess, persist in favour of taxpayer credit exceeding € 250, this can request your refund. 71




6-Notwithstanding the preceding paragraph, the taxpayer may request repayment before the end of the period of 12 months when there is a cessation of activity or pass the fit in the provisions of paragraphs 3 and 4 of article 28, paragraph 1 of article 54 or in paragraph 1 of article 61 provided that the reimbursement amount is equal to or greater than € 25 as well as when the credit to your favour exceed 25 times the minimum monthly wage, rounded to hundred of euros immediately below, this being reduced to half in the following situations: a) [...]; b) […]. 7 - […]. 8 - […]. 9-the Finance Minister may authorise the Directorate-General of taxes to be made reimbursements in conditions other than those laid down in the preceding paragraphs in respect of sectors whose turnover is made up essentially of operations provided for in point (b)) of paragraph 1 of article 20 or in respect of which the obligation of tax assessment is the responsibility of the purchaser. 10-[...]. 11-[...]. 12-[...]. 13-[...]. 72 article 23 1-When the taxable person, in the exercise of your activity, carry out transactions giving rise to an entitlement to deduct and transactions which do not confer this right under article 20, the deduction of tax supported in the acquisition of goods and services that are used in the performance of both types of operations is determined as follows: a) in the case of a good or service partly assigned to the execution of operations arising from the exercise of an economic activity referred to in (a)) of paragraph 1 of article 2, the non-deductible tax as a result of this partial allocation is determined in accordance with paragraph 2; b) without prejudice to the provisions of the preceding paragraph, in the case of a good or service assigned to the transactions arising from the exercise of an economic activity provided for in point (a)) of paragraph 1 of article 2, part of which check deductibility, the tax is deductible in the percentage corresponding to the annual amount of the transactions which give rise to deduction. 2-Notwithstanding the provisions of subparagraph (b)) of the preceding paragraph, the taxpayer can make the deduction according to the actual allocation of all or part of the goods and services used, on the basis of objective criteria for determining the degree of use of those goods and services in transactions which confer the right to deduction and in operations that do not confer this right without prejudice to the Directorate-General of taxes you come to impose special conditions or the cessation of this procedure in the event that cause or may cause significant distortions in taxation. 73 3-[...]. 4-the percentage of deduction referred to in subparagraph (b)) of paragraph 1 is the result of a fraction comprising, in the numerator, the annual amount, tax excluded, of the transactions which give rise to a deduction under paragraph 1 of article 20, and in the denominator, the annual amount, tax excluded, of all the operations carried out by the taxable person arising from the exercise of an economic activity provided for in point (a)) of paragraph 1 of article 2 as well as the non-taxed other than subsidies to the equipment. 5 - […]. 6-the percentage of deduction referred to in subparagraph (b)) of paragraph 1, provisionally calculated on the basis of the amount of transactions carried out in the previous year, as well as the deduction made pursuant to paragraph 2, provisionally calculated on the basis of objective criteria initially used for the actual allocation method, are fixed according to the final figures for the year to which they relate , resulting in a corresponding adjustment of deductions made, which shall appear in the Declaration of the last period of the year concerned. 7 - […]. 8 - […]. 9 - […]. Article 24 1-[...]. 2 - […]. 3 - […].

74 4-in the case of taxable persons who provide the right to deduct under paragraph 2 of article 23, the adjustment of deductions relating to goods referred to in paragraphs 1 and 2 takes place when the difference between the actual allocation of the asset in the year of the beginning of your use and in each of the four or nineteen years later civil , respectively, represent a change in the deductible VAT, more or less than, equal to or greater than € 250, being applicable to the method of calculation laid down in the preceding paragraph shall apply mutatis mutandis. 5 - […]. 6 - […]. 7-The adjustments provided for in paragraphs 3 and 4 shall not apply to the assets of the fixed assets of unit value less than € 2 500, and that, in accordance with the implementing Decree No. 2/90 of 12 January, have a shelf-life of less than five years. 8-[previous paragraph 7]. Article 27 1-where tax assessment or of compensatory interest on the initiative of the services, without prejudice to article 83, the taxpayer is notified to make the payment at the place of collection legally entitled, within the period referred to in the notification, may not be less than 30 days from the date of such notification. 2-in the case referred to in the preceding paragraph and in the absence of payment in the period laid down therein, is extracted, by the Directorate-General of taxes, debt certificate under the terms and for the purposes of article 88 of the code of tax proceedings and processes. 75 3-[...]. 4 - […]. 5-the tax due in accordance with paragraph 10 of article 7, is paid at the same time as the tax on vehicles, with the entities responsible for their collection. 6-the tax calculated in accordance with paragraphs 3 to 5 is included, by their services, with the corresponding budgetary classification, the first recipe guides that are processed for payment of import duty, when due, or the motor vehicle tax for payment of the price of the forced sale, sale or adjudication, or for the payment of costs, fees or other charges due When there is price. Article 39 1-[...]:) [...]; b) […]; c) […]; d) Other services whose value is less than € 10. 2 - […]. 3 - […]. 4 - […]. 5 - […]. 6 - […].

76


Article 40-1 [...]:) until the day 10 of the month following the month to which they relate, in the case of taxable persons with a turnover of less than € 650 000 in the preceding calendar year; b) until the day 15 of the month following the quarter of the calendar year to which they relate, in the case of taxable persons with a turnover of less than € 650 000 in the preceding calendar year. 2 - […]. 3 - […]. 4 - […]. 5 - […]. 6 - […]. 7 - […]. 8-without prejudice to paragraph 3, a change in frequency only applies at the initiative of the Directorate-General of taxes, which, for this purpose, the taxable person notifies the date from which such change of frequency produces effects. 9 - […]. Article 56 1-[...]. 2-cannot benefit from the scheme of exemption: 77 a) in 12 months following the termination, taxable persons who, being framed in a taxation scheme at the date of cessation of activity, reset this or other activity; (b)) in the year following the year of termination, taxable persons who restart this or other activity and that, if they had not declared the cessation would be included, by virtue of subparagraph (a)) of paragraph 2 of article 58, in the normal regime. Article 60 1-Without prejudice to the provisions of paragraph 2 of article 53, retailers who are individuals, do not possess or are obliged to have organised accounting for IRS purposes and have not been in the previous calendar year a volume of purchases of more than € 50 000, to ascertain the tax due to the State apply a 25% supported tax on purchases of goods for sales without transformation. 2 - […]. 3 - […]. 4 - […]. 5 - […]. 6 - […]. 7 - […]. 8 - […]. 9 - […]. 78 article 74 the notifications referred to in paragraph 1 of article 27, paragraph 4 of article 34, paragraph 8 of article 40, paragraph 4 of article 58, article 85(1) and paragraph 4 of article 88(1) and of the decisions referred to in paragraph 3 article 53 and paragraph 4 of article 60 , are carried out in accordance with the code of tax proceedings and processes. Article 83 1-If the periodic declaration referred to in article 40 does not appear, the Directorate-General of taxes shall ex-officio tax settlement, on the basis of the elements available. 2-the tax paid pursuant to the preceding paragraph shall be paid at the place of collection legally entitled, within the time limit mentioned in the notification by registered letter with acknowledgement of receipt, which may not be less than 90 days since your sending. 3-in the absence of payment within the period referred to in the preceding paragraph, is extracted by the Directorate-General of taxes, debt certificate under the terms and for the purposes of article 88 of the code of tax proceedings and processes. 4 - […]. 5-If the tax computed under paragraph 1 or constant debt certificate referred to in paragraph 3 has been paid, their importance is taken into account in the payment of settlements referred to in paragraph 1 (a)) and (b)) of the preceding paragraph. 6 - […].

79 article 88 1-[...]. 2 - […]. 3 - […]. 4 - […]. 5-the Directorate-General of taxes shall not any settlement, though, when your amount is less than € 25, and the same limit be observed in the extraction of debt certificates provided for in paragraph 5 of article 26, paragraph 2 of article 27 and paragraphs 3 and 6 of article 6-83 [...].» Article 51 amendment of list I annexed to the VAT code resources 1.1.4, 1.4.1, 1.4.5, 1.4.8, 2.13, 2.17 2.20 and 2.21, of list I annexed to the VAT code approved by Decree-Law No. 394-B/84 of 26 December, shall be replaced by the following: «1.1.4-pasta and dried similar folders, excluding the stuffed pasta. 1.4.1-Milk in nature, concentrated, sterilised, pasteurised, ultrapasteurizado, evaporated, condensed, fermented in blocks, or granular powder and cream. 1.4.5-yogurts, including pasteurized yogurts. 1.4.8-milk drinks and desserts.

2.13-80 shows, and sporting events, physical and sporting activities and other public amusements. Exceptions: a) [...]; b) […]; 2.17-real estate contracts in that they own the work local authorities, urban rehabilitation companies, associations of local authorities, public bodies responsible for public secondary schools or associations and corporations, since, in any case, these works are contracted directly with the contractor. 2.20 – supply of services connected with the cleaning of the roadway, and the collection, storage, transport, recovery and disposal of waste. 2.21 – urban rehabilitation contracts, as defined in article 1 of Decree-Law No. 104/2004, of 7 may, held in buildings or in public spaces located in areas of urban regeneration (critical areas of recovery and reconversion urban intervention areas urban rehabilitation companies and other) bounded in terms of the law.» Article 52 amendment of List II annexed to the VAT code the list II 1.8 attaches to the VAT code approved by Decree-Law No. 394-B/84, of December 26, is replaced by the following: 81 ' 1.8-products prepared meat, fish, vegetables or vegetables, stuffed pasta, pizzas, sandwiches and soups, though presented in State of freezing or pre-freezing and meals ready to eat , schemes ready to eat and take or with home delivery.» Article 53 addition to list I annexed to the VAT code Are added to the list I annexed to the VAT code approved by Decree-Law No. 394-B/84 of 26 December, the funds 2.1-1.4.9, and 2.21-to read as follows: «1.4.9-soy milk 2.1-to-contribution to the audio-visual charged for funding of public service broadcasting and television-2.21-The rehabilitation of real estate contracts regardless of location, are carried out within the framework of special regimes, fiscal or financial support, rehabilitation of buildings or under programs financially supported by the Institute for housing and Urban Rehabilitation, i. p. (DGEMN, I. P.).» Article 54 Repeal of provisions of the VAT code Are repealed paragraph 7 of article 16 of the VAT code, approved by Decree-Law No. 394-B/84 of 26 December, and the 1.1.1. list II annexed to the same code.

82


Article 55 amendments to the VAT on intra-Community transactions articles 17 and 22 of the Regime of VAT on intra-Community transactions, as designated by RITI, approved by Decree-Law No. 290/92, of 28 December, shall be replaced by the following: ' article 17 1-[...]. 2 - […]. 3-in the intra-Community acquisitions of goods subject to excise duty or tax on vehicles, the taxable value is determined with inclusion of these taxes, but not settled at the same time. 4 - […]. Article 22 1-Without prejudice to the following paragraphs, the amount of tax payable, to be delivered in accordance with paragraph 1 of article 26 of the VAT code, shall be determined taking into account also the provisions of article 19 and in paragraphs 1 and 2 of article 20 2-every taxable person referred to in paragraph 1 (b)) and c) of paragraph 1 of article 2 must pay local billing us legally entitled to show tax due by the intra-Community acquisitions of goods other than new means of transport and other than goods subject to excise duty by the end of the month following the month in which the tax becomes chargeable.

83 3-individuals and taxable persons referred to in (a)), b) and (c)) of paragraph 1 of article 2 which do not have the status of a registered trader, according to the code of vehicle taxes, must pay the tax due by the intra-Community acquisitions of new means of transport subject to tax on vehicles with the competent entities for the collection of this tax. 4-the provisions of the preceding paragraph shall also apply to taxable persons referred to in paragraph 1 (b)) and c) of paragraph 1 of article 2 and to individuals to carry out intra-Community acquisitions of new means of transport, not subject to tax on vehicles. 5 - […]. 6-[...]: a) simultaneously with the motor vehicle tax or excise taxes, when they are due; b) […].» Article 56 Amendment to the scheme of renunciation of exemption from VAT on real estate transactions articles 2 and 5 of the renunciation to the exemption scheme VAT on real estate transactions, approved by Decree-Law No. 21/2007, of 29 January, are replaced by the following: ' article 2 [...] 1 - […]: a) […]; 84 b) [...]; c) […]; d) […]; and) in the case of rental, the value of annual income is equal to or greater than twenty-five round the value of the purchase or construction of the property. 2 - […]. 3 - […]. 4 - […]. Article 5 [...] 1-the renunciation of exemption operates only at the time it is entered into the agreement of purchase and sale or lease of the property, or, in the case of a finance lease on the property to build, at a time when the lessor take possession of the property, provided that the taxable person is in possession of a certificate of waiver valid and continue to check at that time the conditions for the waiver of exemption set out in this regime. 2 - […]. 3 - […].» Article 57 Regions of tourism and tourism 1 joints-the transfer by way of VAT earmarked for tourism regions and tourist joints, or to entities that they succeed, is 20 million euros.

85 2-revenue transfer under the preceding paragraph is distributed on the basis of criteria to be determined by joint decree of the members of the Government responsible for the areas of local administration, finance and tourism. Section II stamp duty article 58 amendments to the stamp duty code the table 26.3 General budget stamp duty stamp duty code, approved by law No. 150/99, of 11 September, is replaced by the following: «26.3 – increase of share capital of a capital company by contribution of assets of any kind except cash, about the actual value of assets of any kind, delivered or to be delivered by the members, after deduction of the liabilities assumed and the expenses borne by the company as a result of each entry ... ... ... ... ... ... ... ... ... ... ... ... ... ... 0.4%» Chapter VIII excise duty excise section I article 59 amendment to excise Code articles 27, 52, 55, 57, 58, 66, 71, 71, 72, 73, 74, 83, 84, 85 and 86 of the code of the excise duty, as referred to as the IEC Code approved by Decree-Law No. 566/99, of December 22 , shall be replaced by the following: ' article 27 86 [...] 1 - […]. 2-the individual trader or any of the managers or directors, in the case of legal persons, must still declare under rules of engagement have not been convicted, in the three years preceding the application, the practice of crime against the economy or public health or customs tax crime or administrative offense customs tax, punishable by fines equal to or greater than € 4,987.98. 3-[previous No. 2]. 4-[previous paragraph 3]. Article 52 [...] 1-[...]. 2-[...]: the exceeding 0.5% vol) and not exceeding 1.2% vol of alcohol purchased-6,74 €/hl; b) exceeding 1.2% vol of alcohol purchased and less than or equal to 8 Plato – € 8,44/hl; c) exceeding 1.2% vol of alcohol purchased and greater than 8 and less than or equal to 11 Plato – € 13,48/hl; d) exceeding 1.2% vol of alcohol purchased and more than 11 but less than or equal to 13 Plato-16,88 €/hl;

87 e) exceeding 1.2% vol of alcohol purchased more than 13 and less than or equal to 15 Plato – € 20,23/hl; f) exceeding 1.2% vol of alcohol purchased more than 15 Plato – 23,67 €/hl. Article 55 [...] 1-[...]. 2-the tax rate applied to intermediate products is € 56,89/hl. Article 57 [...] 1-[...]. 2-the tax rate applicable to spirit drinks is € 976,92/hl. Article 58 [...] [...]: the) Spirits as defined in paragraph r) of paragraph 4 of article 1 of Regulation (EEC) No. 1576/89 of May 29, produced from fruits and plants of the region; b) […]. Article 66 [...] 1-[...]:) [...]; 88 b) [Repealed]; c) […]; d) […]. 2-the provisions of paragraph 1 (a)) of the preceding paragraph, it is considered, in particular, grounded:) [Repealed]; b) […]; c) […]; 3-[Repealed]. 4-[Repealed]. 5 - […]. 6 - […]. 7 - […]. Article 71 [...] 1-[...]:) [...]; (b)) are provided for your consumption in the purpose of air navigation other than in private pleasure-flying; c) […]; d) […]; e) […]; 89


(f)) are provided for your use on installations subject to the national allocation plan for emission allowances (PNALE) including the new premises or a rationalisation of energy consumption (ARCE) in relation to petroleum products and energy drinks classified within CN codes 2701, 2702 and 2704, the fuel oil with sulphur content not exceeding 1% , classified within CN code 2710 19 61 and petroleum gases classified within CN code 2711; g) […]; h) […]; i) […]; j) […]; l) […]. 2 - […]. 3-for the purposes of subparagraph b) of paragraph 1, the term "private pleasure-flying", the use of an aircraft by your landlord or by a natural or legal person who enjoys its use either through hire or through any other means, for other than commercial purposes and in particular other than for the carriage of persons or goods or the provision of services for remuneration or in the interest of the public authorities. 4-[previous paragraph 3]. 5-[previous paragraph 4]. 6-[previous No. 5]. 7-[previous paragraph 6]. 8-[previous paragraph 7]. Article 71-90 the [...] 1-[...]. 2 - […]. 3 - […]. 4-the value of the exemption provided for in the preceding paragraph is fixed by ministerial order between the minimum threshold of € 280.00 and the maximum of € 300.00 per 1000 l, for biofuel diesel substitute and between the minimum threshold of € 400.00 and the maximum € 420.00 per 1000 l, for biofuel substitute for gasoline. 5 - […]. 6 - […]. 7 - […]. 8 - […]. 9 - […]. 10-[...]. Article 72 [...] 1-[...]. 2-For the oil and energy products classified by CN heading 2711, with the exception of natural gas, and falling within CN codes 2701, 2702 2710 19 61 to 2710 19 69, 2704,, 2710 19 81 to 2710 19 99 and 3811 21 00 the taxable unit 3811 90 00 is 1000 kg. 91 3-the taxable unit of natural gas is the gigajoule. Article 73, [...] 1-[...]. 2 - […]. 3-the rate applicable to gas oil and methane used as motor fuel is € 108,78/1000 kg and, when used as a fuel, shall be between € 7.81 and € 9,00/1000 kg, being also applicable to used acetylene as fuel. 4-the rate applicable to natural gas used as motor fuel is € 2.78/gigajoule. 5 - […]. 6-the rate applicable to petroleum and energy products classified by 2701, 2702 and CN positions 2704 is fixed between € 4.16 and € 35,00/1000 kg. 7 - […]: a) […]; b) […]; c) […]; d) […]; e) […]; f) […]; g) With the rate of between € 100.00 and € 200.00/1000 l, heating Gasoil classified within CN code 2710 19 45. 92 8-fixing the rates of the tax relating to petroleum and energy products referred to in the last part of paragraph 3 in paragraph 6 and in paragraph 1(e)), f) and (g)) of the preceding paragraph, is made by order of the members of the Government responsible for the areas of finance and economy. 9 - […]. 10-[...]. 11-[...]. Article 74 [...] 1-[...]. 2 - […]. 3 - […]: a) […]; b) […]; c) […]; d) […]; e) […]; f) autonomous refrigerators installed Engines in lorries transporting perishable goods, fed by separate fuel deposits, and who possess ATP certification (Perishable Transport Agreement) in accordance with the set in Ordinance of Government members responsible for the areas of finance, transport and agriculture. 4 - […]. 93 5-[...]. 6 - […]. 7 - […]. 8 - […]. 9 - […]. Article 83 [...] 1-[...]. 2 - […]. 3 - […]. 4-[...]: a) specific element – € 64.75; b) […]. 5 - […]. Article 84 [...] [...]: a) 12.25% Cigars; b) Cigarillos 12.25%; c) fine-cut tobacco intended for the rolling of cigarettes 45.10% d) other smoking tobacco 41.45%.

94 Article 85 [...] 1-[...]: a) specific element – € 9.28; b) […]. 2 - […]. Article 86 [...] 1-[...]. 2 - […]. 3 - […]. 4 - […]. 5 - […]. 6 - […]. 7 - […]. 8-the quantities of cigarettes in excess of the quantitative ceiling referred to in paragraph 5 shall be subject to the payment of tax at the rate in force on the date the Declaration of discharge when such excess is proved by the confrontation of its elements with the processed by the Administration, without prejudice to the procedure that there is place.»

95 article 60 supplement to the code of the IEC IEC is added to the Code, adopted by Decree-Law No. 566/99, of December 22, article 10A, with the following text:% quot% article 10A minimal no room charge when, as a result of liquidation, the importance to be charged is less than € 10.» Article 61 Repeal of provisions of IEC (b) are repealed) of paragraph 1, point (a)) of paragraph 2 and paragraphs 3 and 4 of article 66 of the code of the IEC, approved by Decree-Law No. 566/99, of December 22. Section II tax on petroleum and energetic products article 62 Rates of tax on petroleum and energetic products 1-in accordance with the provisions of paragraph 1 of article 73 of the code of excise duties, the values of the unit rates applicable tax on the Mainland to the products referred to in paragraph 2 shall be fixed by order of the Ministers responsible for the areas of finance and economy taking into consideration the various environmental impacts of each of the oil products and energy, favoring less polluting gradually. 2-for the purposes of the preceding paragraph, the establishment, or its amendment, is carried out within the following ranges: Product CN code 96 Tax Rate (in euros) Maximum Minimum leaded petrol......... 2710 11 51 to 2710 11 59 650.00 650.00 unleaded gasoline......... 2710 11 41 to 2710 11 49 Oil 359.00 650.00 ... ... ... ... ... ... ... .... 2710 19 21 to 2710 19 25 colorful Oil and marked 302.00 339.18.. 2710 19 25 0.00 149.64 diesel......................... 2710 19 41 to 2710 19 49 coloured and marked Diesel 278.00 400.00.. 2710 19 41 to 2710 19 49 21.00 199.52 fuel oil with sulphur content exceeding 1%............................

2710 19 63 to 2710 19 69 15.00 34.92 fuel oil with sulphur content exceeding 1%..............

2710 19 61 15.00 29.93 3-for the purposes of paragraph 1 of article 75 of the code, the values of the unit rates of tax applicable on the island of São Miguel, the following products shall be fixed by resolution of the Council of the Regional Government, and can be changed within the following ranges: 97 Product


CN code Tax Rate (in euros) Maximum Minimum leaded petrol......... 2710 11 51 to 2710 11 59 650.00 650.00 unleaded gasoline......... 2710 11 41 to 2710 11 49 Oil 359.00 650.00 ... ... ... ... ... ... ... .... 2710 19 21 to 2710 19 25 Diesel 49.88 339.18......................... 2710 19 41 to 2710 19 49 49.88 400.00 agricultural Diesel ... ... ... ... ... 2710 19 41 to 2710 19 49 21.00 199.52 fuel oil with sulphur content exceeding 1%............................

2710 19 63 to 2710 19 69 0.00 34.92 fuel oil with sulphur content exceeding 1%..............

2710 19 61 0.00 29.93 4-for the purposes of article 76 of the code, the values of the unit rates of tax applicable in the autonomous region of Madeira to the products referred to in paragraph 2 shall be fixed by order of the competent Member of the Regional Government, and can be changed within the ranges set out in that paragraph. Article 63 additional rates of tax on petroleum and energetic products 1-remain in force in 2008 the additional rates of tax on petroleum and energetic products, amounting to € 0.005 per litre for gasoline and in the amount of € 0.0025 per litre for diesel and diesel colored and marked, which is my own recipe of the financial background of a permanent nature provided for in Decree-Law No. 63/2004 , March 22, up to a maximum of 30 million euros. 98 2-the additional to that referred to in the preceding paragraph is part of the values of the unit rates set in accordance with paragraphs 1 and 2 of the previous article. Section III article 64 vehicle tax Amendment to code of vehicle taxes 1-articles 7, 8, 23, 34, 35, 36, 51, 52 and 53 of the Code of vehicle taxes, as designated by the ISV Code, approved by law No. 22/2007 of 29 June, are replaced by the following: ' article 7 1-[...]: cylinder capacity Component table Step cylinder capacity (CC) fees for CC (in euros) installment to be slaughtered (in euros)

Until 1250.................................... more than 1250 0.90 670.00.............................. 4.25 4857.50 99 Grade CO2 Environmental Component (in grams per kilometre) fees (in euros) installment to be slaughtered (in euros) gasoline vehicles Until 120......................................... 5.00 475.00 Of 121 to 150.................................. 33.00 3835.00 Of 151 to 180................................... 40.00 4885.00 Of 181 to 210.................................. more than 210 85.00 12985.00 ... ... ... ... ... ... ... ... ... ... ... ... 115.00 19285.00 diesel cars up to 105 ... ... ... ... ... ... ... ... ... ... ... ... ... Of the 106 15.00 1100.00 130.................................. 55.00 5300.00 Of 131 to 150.................................. 105.00 11800.00 Of 151 to 180.................................. more than 180 122.00 14350.00................................... 160.00 21190.00 2-[...]: 100 table B cylinder capacity Component Step cylinder capacity (CC) fees for CC (in euros) installment to be slaughtered (in euros) Until 1250.................................... more than 1250 3.91 2525.10 ... ... ... ... ... ... ... ... ... ... 9.25 9199.88 3-light vehicles equipped with diesel propulsion system, that present levels of particulate emissions of less than 0.005 g/km, in the respective certificates of conformity, or in your absence, in the respective technical approvals, benefit from a reduction of € 500 in the total amount of tax payable, after the reductions to be applied to any place. 4 - […]. 5 - […]. 6 - [...]. 7 - […]. 8 - […]. 101 article 8 [...] 1-[...]. 2-intermediate rate applies, corresponding to 55% of the tax resulting from the application of table B referred to in paragraph 2 of the preceding article, the following vehicles:) [...]; b) […]. 3 - […]. Article 23 [...] 1-[...]. 2 - […]. 3-the Directorate-General of customs and Excise shall inform the National Agency for public procurement, and p. e. situation of vehicles, within a maximum of five days to rule on the interests of your allocation to the State Park under Decree-Law No. 31/85, of 25 January, by the Directorate-General of customs and excise duties to your sale or communicating the entity superintenda the process had no objections to the sale, whenever the National Agency for public procurement, and p. e., ruling in negative sense. 4 - […]. 102 5-When the vehicle fulfils the conditions necessary to your integration in the automotive heritage of the State and has more than 10 years seniority or when the National Agency for public procurement, and p. e., have valued at less than € 1 000, the Directorate-General of customs and Excise may determine your destruction through registered enabled for the management of end-of life vehicles (ELV) free of charge or charges of any nature to the public purse. Article 34 [...] 1-[...]. 2-by way of derogation from paragraph 1) of article 30, may still benefit from the system of temporary admission frontier workers residing in Spain with their household and moving daily on round-trip journey between your residence and the workplace, situated in the locality of the country up to 60 Km from the border , provided that the household does not have housing in this country. 3 - […]. 4 - […]. Article 35 [...] 1-[...].

103


2-the application of the system depends on the submission of the application to the Directorate-General of customs and excise duties, no later than one year after the beginning of functions in national territory, accompanied by a document issued by the competent authorities confirming the quality and status of the person concerned and by definitive bonds. 3 - […]. 4 - […]. 5-After at least four years from the date of the award of the first registration certificate of the vehicle, or privileged, elapsed period of less than, in the case of being regularized pursuant to article 33, the officials and other servants of the European communities and of the European Parliament, can be replaced with vehicle tax suspension, by another national market or acquired in another Member State market having place the issuance of new certificate of registration and assignment of new registration by the Protocol service of the Ministry of Foreign Affairs. 6-The officials and other servants of the European communities, residing in Portugal at the time of the beginning of functions, have the Faculty of using the registration certificate for the vehicle I own and can access the system provided for in the preceding paragraph, four years after that beginning. 7 - […]. 8-When the officials and other servants of the European communities and the European Parliament wishes to introduce in the vehicles before the expiry of the period of four years, the tax percentage is required according to the following table, unless the scheme for home use is more favorable, in which case this is applicable: 104 years from entry of the vehicle in Portugal : During the first year: all; On the second year: 75% in the third year: 50% in the fourth year: 25%. Article 36 [...] 1-[...]. 2-The vehicles must be purchased, admitted or imported temporarily, within one year after the arrival of the person concerned to the national territory, and are recorded in the Protocol Service of the Ministry of Foreign Affairs on behalf of the employees to which they belong, considering the scheme while remain the effective service of the entities referred to in the preceding paragraph. 3 - […]. 4 - […]. 5 - […]. 6-When the entities or persons covered by this article they wish to introduce in the vehicles before the expiry of the period of four years, the tax percentage is required according to the following table, unless the scheme for home use is more favorable, in which case this is applicable: years from entry of the vehicle in Portugal : During the first year: all; 105 in the second year: 75% in the third year: 50% in the fourth year: 25%. 7-the vehicles released for consumption under this article may be replaced only once for other vehicles to be acquired in tax suspension in the national market or market of another Member State, within a maximum period of six months, happening place the issuance of new certificate of registration and assignment of new registration by the Protocol service of the Ministry of Foreign Affairs unless they comply with the diplomatic or consular mission, in which case there is no limit to the replacement. Article 51 [...] 1-[...]:) [...]; b) […]; c) vehicles reported lost or abandoned to the State or acquired by the national agency of public procurement, and p. e.; d) […]. 2 - […]: a) […]; b) […];

106 c) copy of the sentence or decision which determined the loss or abandonment of the vehicle, as well as the Declaration of your assignment or acquisition by the National Agency for public procurement, e. p. and, in the case referred to in point (c)) of the preceding paragraph; d) […] 3 - […]. Article 52 [...] 1-Are exempt from the tax for public transport users vehicles with capacity of nine seats, including the driver, acquired for valuable consideration, in the new State, legal persons of public and private social welfare institutions, which are intended for the carriage of public interest activities and that are suited to your nature and purposes. 2 - […]. 3 - […]. Article 53 taxis and vehicles used for the activity of a car 1-passenger cars and mixed use for the service of a car with driver-taxis, letter ' A ' and 't ' letter, released for consumption and to submit up to four years, counted from the first assignment and registration documents, benefit from an exemption corresponding to 70% of the amount of the tax. 2 - […]. 107 3-[...]. 4-[...] 5-passenger cars and mixed use not foreseen in articles 8 and 9, new, the pursuit of a car without a driver shall benefit on release for consumption, a reduction corresponding to 50% of the amount of the tax, under the following conditions: a) the vehicles shall have a level of CO2 emissions up to 160 g/Km confirmed by the certificate of conformity; b) stores the recipient firms must be licensed for the exclusive exercise of the activity of car rental; c) vehicles subject to tax reduction may not be rented or transferred for a period exceeding three months, the same person or entity, for a period of twelve consecutive months, or may be subject, during the period of burden, hired out or transferred to persons or legal entities or economically linked to the beneficiary entity; d) leases should be held by agreement, and the circular vehicles accompanied by document issued by video store, which identifies the lessee, the residence, and the time period of the rental vehicle. 6-the status of the beneficiary entity requires the prior registration in the Directorate-General of customs and excise duties, accompanied by copy of the business license for the activity and evidence of the quality of the corporate form of the taxable person, the tax reductions for vehicles required through proper form, concomitant or previous to the presentation of the DAV.» 108


Article 65 the slaughter tax incentive of end-of-life cars the tax incentive to destruction of end-of-life cars provided for in Decree-Law No. 292-A/2000 of 15 November, as amended by Decree-Law No. 33/2007, of February 15, remain in force until 31 December 2008. Section IV single tax movement article 66 Amendment to the code of the single tax movement articles 2, 5, 7, 10, 11, 12, 14 and 15 of the code of the single tax movement, abbreviated called IUC code, approved by law No. 22/2007 of 29 June, are replaced by the following: ' article 2 [...] 1 - […]: a) […]; b) […]; c) […]; d) […]; and) and Category: Motorcycles, mopeds, tricycles and quadricycles, as these vehicles are defined by the highway code, registered since 1992; f) […]; g) […]. 109 2-[...]. Article 5 [...] 1-[...]. 2 - […]. 3 - […]. 4 - […]. 5-the exemption provided for in (a)) of paragraph 2 can only be enjoyed by each beneficiary in respect of a vehicle and is recognized annually in any tax office, unless the information concerning the inability is already known to the tax administration by meeting other reporting obligations or show held for less than two years. 6 - […]. 7 - […]. Article 7 [...] 1-[...]:) [...]; b) […]; c) […]; d) As vehicles of category and the displacement and the seniority of the registration. 110 e) [...]; f) […]. 2 - […]. 3 - […]. 4 - […]. 5 - […]. 6 - […]. Article 10 [...] [...]: Rank of cylinder capacity (CC) fees (in euros) Step of CO2 (in grams per kilometre) fees (in EUR) up to 1250 25.50 Up 120 51.10 more than 1250 to 1750 51.10 more than 120 to 180 76.60 over 1750 until 2,500,102.10 more than 180 to 250,153.20 over 2,500,306.30 over 250,255.30 111 article 11 [...] [...]: Levels of gross weight (in kilograms) annual fees (in EUR) up to 2500 ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 2501 28.00 to 3500 ... ... ... ... ... ... ... ... ... ... ... ... ... 3501 46.00 the 7500 ... ... ... ... ... ... ... ... ... ... ... ... ... 7501 108.00 to 11999 ... ... ... ... ... ... ... ... ... ... ... ... ... 177.00 Vehicles gross weight 2 12,000,191.00 AXLES 12001 to 198.00 177.00 185.00 169.00 176.00 163.00 169.00 161.00 167.00 320.00 253.00 297.00 242.00 284.00 232.00 273.00 230.00 271.00 12,999,272.00 13000 to 15000 324.00 255.00 301.00 244.00 288.00 235.00 277.00 233.00 275.00 to 341.00 285.00 318.00 272.00 303.00 261.00 291.00 259.00 289.00 17,999,306.00 14,999,275.00 > = 18,000,388.00 3 AXLES 15000 432.00 362.00 402.00 345.00 383.00 332.00 368.00 329.00 365.00 to 304.00 250.00 283.00 239.00 271.00 229.00 16,999,269.00 17000 to 18000 311.00 250.00 289.00 239.00 276.00 229.00 265.00 228.00 262.00 259.00 228.00 257.00 17,999,269.00 the 18,999,350.00 the 20,999,351.00 19000 387.00 325.00 360.00 311.00 343.00 298.00 330.00 295.00 327.00 387.00 327.00 360.00 312.00 347.00 299.00 330.00 297.00 331.00 21000 to 392.00 328.00 364.00 314.00 390.00 301.00 333.00 298.00 371.00 22,999,353.00 > = 23,000,395.00 > = 4 AXES 439.00 367.00 408.00 351.00 390.00 336.00 374.00 334.00 371.00 23000 to 384.00 318.00 358.00 303.00 341.00 291.00 328.00 289.00 24,999,341.00 25000 to 26000 387.00 325.00 360.00 311.00 343.00 298.00 330.00 295.00 327.00 325.00 25,999,350.00 the 26,999,642.00 the 28,999,651.00 27000 728.00 597.00 677.00 570.00 646.00 547.00 620.00 542.00 615.00 745.00 606.00 694.00 578.00 662.00 556.00 637.00 550.00 630.00 > = 755.00 622.00 703.00 593.00 671.00 570.00 645.00 566.00 640.00 29,000,668.00 annual fees (in Euros) annual fees (in Euros) annual fees (in Euros) annual fees (in Euros) annual fees (in EUR) With air suspension or equivalent with another type of suspension Brackets gross weight (in kilograms) With air suspension or equivalent with other types of suspension with air suspension or equivalent with other types of suspension with air suspension or equivalent with other types of suspension with air suspension or equivalent With other type of suspension motor vehicles gross weight > = 12 t year of first registration Until 1990 (inclusive) Between 1991 and 1993 Between 1994 and 1996 Between 1997 and 1999 2000 and after 112 2 + 1 12,000,190.00 AXES 12001 to 192.00 176.00 178.00 168.00 170.00 162.00 164.00 160.00 163.00 324.00 248.00 301.00 237.00 287.00 229.00 276.00 228.00 274.00 18000 17,999,264.00 the 24,999,350.00 the 25,999,379.00 25000 412.00 328.00 383.00 314.00 366.00 303.00 352.00 300.00 349.00 422.00 356.00 394.00 339.00 375.00 328.00 361.00 326.00 358.00 > = 26,000,705.00 2 + 2 AXLE 776.00 662.00 722.00 631.00 689.00 303.00 661.00 606.00 656.00 23000 to 382.00 317.00 356.00 301.00 339.00 292.00 326.00 290.00 323.00 26000 25,999,337.00 the 31000 to 32,999,695.00 752.00 652.00 700.00 622.00 668.00 602.00 642.00 597.00 637.00 733.00 603.00 682.00 575.00 651.00 557.00 625.00 551.00 620.00 30,999,643.00 > = 2 + 3 AXLES 892.00 695.00 830.00 663.00 792.00 642.00 761.00 637.00 754.00 33,000,740.00 36000 to 784.00 679.00 735.00 648.00 702.00 626.00 679.00 621.00 673.00 37,999,723.00 > = 38,000,749.00 3 + 2 AXIS 882.00 702.00 827.00 670.00 789.00 649.00 764.00 644.00 757.00 36000 to 762.00 628.00 709.00 600.00 677.00 580.00 650.00 575.00 645.00 38000 37,999,669.00 the 810.00 629.00 753.00 601.00 719.00 581.00 691.00 576.00 685.00 39,999,670.00 > = 40,000,781.00 > 1003.00 733.00 935.00 699.00 892.00 677.00 856.00 671.00 850.00 3 + 3 AXLES = 36000 to 794.00 671.00 739.00 641.00 705.00 620.00 678.00 615.00 671.00 38000 to 808.00 678.00 751.00 647.00 718.00 625.00 689.00 620.00 684.00 39,999,723.00 37,999,715.00 > = 821.00 693.00 764.00 662.00 729.00 641.00 700.00 634.00 695.00 40,000,739.00 with other types of suspension with air suspension or equivalent With other type of suspension yearly fees (in Euros) annual fees (in Euros) annual fees (in Euros) annual fees (in Euros) annual fees (in EUR) with other types of suspension with air suspension or equivalent with other types of suspension with air suspension or equivalent levels of gross weight (in kilograms) With air suspension or equivalent with other types of suspension with air suspension or equivalent articulated vehicles and combinations of vehicles the first Year registration Until 1990 (inclusive) Between 1991 and 1993 Between 1994 and 1996 Among 1997 and 1999 2000 and after 113 article 12 [...]

[...]: Levels of gross weight (in kilograms) annual fees (in Euros) in Kg in Euro up to 2500 ... ... ... ... ... ... ... ... ... ... ... ... 16.00 2501a3500.................................. 3501 27.00 to 7500 ... ... ... ... ... ... ... ... ... ... 61.00 7501a 11999.................................... 103.00 Vehicles gross weight

2 SHAFTS 12,000,119.00 12,999,140.00 12001 to 123.00 112.00 115.00 107.00 110.00 103.00 106.00 102.00 105.00 181.00 131.00 170.00 125.00 162.00 121.00 157.00 120.00 156.00 13000 to 15000 to 182.00 133.00 171.00 127.00 163.00 123.00 158.00 122.00 156.00 251.00 162.00 235.00 155.00 225.00 150.00 217.00 148.00 216.00 17,999,173.00 14,999,142.00 > = 18,000,203.00 3 AXLES 15000 317.00 190.00 298.00 182.00 284.00 176.00 275.00 174.00 273.00 to 184.00 133.00 172.00 127.00 164.00 123.00 159.00 122.00 158.00 17000 to 16,999,142.00 17,999,142.00 18000 to 19000 242.00 160.00 227.00 152.00 217.00 148.00 210.00 146.00 208.00 184.00 133.00 172.00 127.00 164.00 123.00 159.00 122.00 158.00 18,999,170.00 the 20,999,170.00 the 22,999,172.00 21000 242.00 160.00 227.00 152.00 217.00 148.00 210.00 146.00 208.00 259.00 161.00 243.00 154.00 232.00 149.00 224.00 148.00 222.00 > = 23,000,258.00 > = 4 AXES 323.00 242.00 303.00 231.00 289.00 224.00 279.00 222.00 277.00 23000 to 240.00 187.00 226.00 178.00 215.00 173.00 208.00 171.00 207.00 25000 24,999,199.00 the 25,999,228.00 the 27000 26000 264.00 214.00 248.00 204.00 236.00 197.00 229.00 196.00 227.00 462.00 346.00 433.00 331.00 414.00 320.00 400.00 317.00 397.00 26,999,369.00 the 28,999,371.00 = 29,000,418.00 > 463.00 348.00 435.00 332.00 415.00 321.00 401.00 319.00 398.00 624.00 392.00 586.00 375.00 559.00 362.00 541.00 359.00 536.00 with other types of suspension with air suspension or equivalent With other type of suspension yearly fees (in Euros) annual fees (in Euros) annual fees (in Euros) annual fees (in Euros) annual fees (in Euros) with other types of suspension with air suspension or equivalent with other types of suspension with air suspension or equivalent levels of gross weight (in kilograms) With air suspension or equivalent with other types of suspension with air suspension or equivalent motor vehicles gross weight > = 12 t year of first registration Until 1990 (inclusive) Between 1991 and 1993 Between 1994 and 1996 Between 1997 and 1999 2000 and after 114 2 + 1 AXLES 12,000,117.00 118.00 110.00 12001 110.00 105.00 105.00 102.00 102.00 101.00 101.00 to 179.00 131.00 168.00 125.00 160.00 121.00 155.00 120.00 154.00 18000 17,999,140.00 the 24,999,180.00 the 25,999,228.00 25000 237.00 169.00 222.00 156.00 212.00 156.00 205.00 155.00 203.00 336.00 214.00 315.00 198.00 300.00 198.00 291.00 196.00 288.00 > = 26,000,344.00 2 + 2 AXLE 461.00 323.00 433.00 298.00 413.00 298.00 399.00 296.00 396.00 23000 to 25000 to 239.00 185.00 224.00 226.00 159.00 212.00 151.00 202.00 146.00 196.00 145.00 195.00 24,999,169.00 25,999,197.00 26000 177.00 214.00 171.00 207.00 169.00 205.00 to 398.00 266.00 373.00 254.00 357.00 246.00 344.00 244.00 342.00 29000 28,999,284.00 the 30,999,341.00 the 32,999,404.00 31000 534.00 379.00 501.00 362.00 478.00 350.00 462.00 347.00 459.00 455.00 320.00 427.00 305.00 408.00 295.00 394.00 293.00 391.00 > = 2 + 3 AXLES 627.00 503.00 588.00 480.00 562.00 465.00 543.00 461.00 539.00 33,000,537.00 36000 to 595.00 397.00 558.00 378.00 533.00 366.00 516.00 363.00 511.00 37,999,423.00 > = 38,000,582.00 644.00 546.00 605.00 521.00 577.00 504.00 3 + 2 AXIS 558.00 500.00 554.00 36000 to 525.00 377.00 492.00 360.00 470.00 349.00 455.00 346.00 451.00 38000 37,999,402.00 the 39,999,527.00 > = 40,000,729.00 > 850.00 684.00 797.00 653.00 761.00 632.00 736.00 627.00 730.00 618.00 495.00 580.00 472.00 554.00 457.00 536.00 453.00 531.00 = 3 + 3 AXLES 36000 to 455.00 344.00 427.00 328.00 408.00 317.00 394.00 315.00 391.00 38000 37,999,366.00 the 39,999,427.00 = 40,000,439.00 > 460.00 401.00 431.00 382.00 412.00 370.00 398.00 367.00 395.00 622.00 412.00 584.00 393.00 557.00 380.00 539.00 377.00 535.00 with other types of suspension with air suspension or equivalent With other type of suspension yearly fees (in Euros) annual fees (in Euros) annual fees (in Euros) annual fees (in Euros) annual fees (in EUR) with other types of suspension with air suspension or equivalent with other types of suspension with air suspension or equivalent levels of gross weight (in kilograms) With air suspension or equivalent with other types of suspension with air suspension or equivalent Vehicles pleadings and combinations of vehicles the first Year registration Until 1990 (inclusive) Between 1991 and 1993 Between 1994 and 1996 Between 1997 and 1999 2000 and after article 14 [...] The rate applicable to vehicles of category F is € 2.05/kW.

115 article 15 [...] The rate applicable to vehicles of category G € 0,51/kg, having the tax the upper limit of € 10 000.» CHAPTER IX local taxation section I property tax article 67 amendments to the Municipal property tax Code article 93 of the Municipal property tax Code, as designated by the IMI Code, approved by Decree-Law No. 287/2003, of 12 November, is replaced by the following: ' article 93 [...] 1 - […]. 2 - […]. 3 - […]. 4-notaries and mortgage registrars, always involved in acts or contracts which require the presentation of book building referred to in paragraph 1 relating to buildings the subject of such acts, contracts or facts, can obtain it by electronic means and give it for free to the taxpayer. 116 5-in cases where the model No. 1 statement of IMI is delivered for the purposes of registration of urban property or autonomous fraction in the array, notaries and mortgage registrars involved in acts or contracts that require your presentation, you can obtain it by electronic means.» Article 68 amendment to Decree-Law No. 287/2003, of 12 November the article 25 of Decree-Law No. 287/2003, of 12 November, which adopted the IMI code and the Tax Code on the Disposals of real property, shall be replaced by the following:% quot% article 25 [...] 1-[...]: year 2004-€ 60; Year 2005-€ 75; Year 2006-€ 90; Year 2007-€ 105; Year 2008-€ 120; Year 2009-€ 135; Year 2010-€ 150; Year 2011-€ 165; 2 - […]. 3-[Repealed]. 117


4-the preceding paragraphs shall not apply to: a) To buildings that are property of the entities referred to in paragraph 4 of article 112 of the CIMI; (b)) to the derelict buildings referred to in paragraph 3 of article 112 of the CIMI.» Article 69 Repeal of rules under the IMI is repealed paragraph 3 of article 25 of Decree-Law No. 287/2003, of 12 November, which adopted the IMI code and the code of city tax real estate transfer tax. Section II Municipal property transfer tax real estate article 70 amendments to the Tax code transfer tax real estate articles 9, 11, 12, 17 and 32 of the code of the Municipal property transfer tax real estate, abbreviated called IMT Code approved by Decree-Law No. 287/2003, of 12 November, are replaced by the following : ' Article 9 [...] Are exempt from IMT acquisitions of urban property or autonomous fraction of urban building intended solely for the personal and permanent residence whose value which would serve as the basis for liquidation shall not exceed £ 87,500.

118 article 11 [...] 1-[...]. 2 - […]. 3 - […]. 4 - […]. 5 - […]. 6 - […]. 7-shall also benefit from exemption and reduction of rates provided for in article 9 and under (a)) and b) of paragraph 1 of article 17 when the goods is given a destination other than that in which the benefit was based, within six years from the date of purchase, except in the case of sale. 8 - […]. Article 12 [...] 1-[...]. 2 - […]. 3 - […]. 4 - […]: 1.ª – […]. 2.ª – […]. 3.ª – […]. 119 4th-[...]. 5.ª – […]. 6.ª – […]. 7.ª – […]. 8.ª – […]. 9.ª – […]. 10th-[...]. 11th-[...]. 12th-[...]. 13th-[...]. 14th-[...]. 15th-[...]. 16th-[...]. 17th-[...]. 18th-[...]. 19th-[...]. 20.ª-the value of the immovable property acquired under statutory financial support for housing, in the case of the first broadcast, is the value or the price specified by the Office of housing and urban renewal, I. P., under the terms established in such schemes. 5 - […].

120 article 17 [...] 1-[...]:) [...]: value that focuses the IMT in EUR percentage Average Marginal Rates (*) Until more of 87500 87500 0 0 and even over 119700 0.5380 119700 2 and even more than 163200 1.7273 163200 5 and until 272000 7 3.8364 more than 543900 8 and up above 272000 543900 6 flat fee * in the upper bound of the step b) [...] : Value that focuses the IMT in EUR percentage Average Marginal Rates (*) Even more than 1.0000 87500 87500 1 and even more of 1.2690 119700 119700 2 and even more than 163200 2.2635 163200 5 and until 272000 7 4.1581 over 272000 and even exceeding 521700 6 single rate 521700 8 * in the upper echelon 121 c) [...]; d) […]. 2 - […]. 3-When, in relation to acquisitions referred to in point (a)) of paragraph 1, the value on which focuses the tax exceeds € 87500, will be divided into two parts, one equal to the limit of the highest of ranks that it fits, which applies the average rate corresponding to this step, and another, equal to the surplus, which applies the marginal rate on the next higher echelon. 4 - […]. 5 - […]. Article 32 [...] 1-no place to pay whenever the amount of tax paid is less than € 10 per billing document that is processing. 2-the limit referred to in the preceding paragraph is raised to € 25 for each billing document that is processing, in cases of liquidation.»

122 CHAPTER X section I tax benefits Tax benefits Statute Article 71 Changing the Tax benefits statute articles 31, 39-A, 39-B, 56 and 65 of the tax benefits Statute, briefly designated by EBF, approved by Decree-Law No. 215/89, of July 1, shall be replaced by the following: ' article 31 holding companies (SGPS) venture capital companies (SCR) and venture capital investors (ICR) 1-SGPS, the SCR and the ICR shall apply the provisions of paragraphs 1 and 5 of article 46 of the IRC code, without dependence there requirements required as to the percentage or the value of participation. 2-capital gains and capital losses realized by the SGPS, the SCR and the ICR from shares that they hold, since that held for at least a year, as well as the financial charges incurred with your purchase, do not compete for the formation of the taxable profit of such companies. 3 - […]. 4-The SCR and the ICR can deduct the amount determined in accordance with subparagraph (a)) of paragraph 1 of article 83 of the IRC code, and your competition, a corresponding importance to the limit of the sum of the contributions of the five previous years IRC that concerned the benefit, provided that it is used in investments in companies with growth potential and value. 123 5-[...]. Article 39-the Elimination of economic double taxation of profits distributed by companies resident in Portuguese-speaking African countries and in the Democratic Republic of Timor-Leste 1-the deduction provided for in paragraph 1 of article 46 of the IRC code shall apply to profits distributed to entities residents by subsidiaries resident in Portuguese-speaking African countries and East Timor provided that the following conditions: (a) verified) [...]; b) […]; c) […]. 2 - […]. Article 39-B 1-[...]: a) is reduced to 15% the rate of corporate income tax (IRC), referred to in paragraph 1 of article 80 of the code, to the entities whose main activity is in the beneficiary areas; b) in the case of installation of new entities whose main activity is in the beneficiary areas, the rate referred to in the preceding paragraph is reduced to 10% during the first five disciplines of business; c) […]; d) […]. 124 2-[...]. 3 - […]. 4 - […]. 5 - […]. 6 - […]. 7 - […]. 8 - […]. Article 56-D [...] 1-[...]. 2 - […]. 3 - […]. 4 - […]. 5 - […]. 6 - […]: a) […]; b) […]; c) […]; d) […]; e) […]; f) […];

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g) educational establishments, vocational schools, art schools, day care centers, lactários and kindergartens legally recognized by the competent Ministry; h) […]; I) public bodies of artistic production are responsible for the promotion of relevant projects of public service in the areas of theatre, music, Opera and Ballet. 7-The donations referred to in the preceding paragraph are carried at cost value corresponding to: the 120% of the total); b) 130%, when allocated under multiannual contracts concluded for specific purposes which lay down the objectives to be pursued by the beneficiaries and the amounts allocated by the taxable person; c) 140%, when assigned to crèches, kindergartens and lactários provided for in subparagraph (g)) and to the entities referred to in subparagraph (i)) of the preceding paragraph. 8 - […]. 9 - […]. 10-[...]. 11-[...]. 12-[...].

126 article 65 [...] 1-[...]. 2 - […]. 3 - […]. 4 - […]. 5 - […]. 6-the arrangements referred to in paragraphs 1 and 2 applies to the properties acquired or completed until 31 December 2011. 7-this scheme applies equally to business parks of the autonomous region of Madeira, created and regulated by Regional Legislative Decree No. 28/2001/M of 28 August, as amended by Regional Regulation Decree No 12/2002/M, of July 17.» Article 72 additional EBF article 14 is added to the Tax benefits Statute, approved by Decree-Law No. 215/89, of July 1, to be replaced by the following: ' article 14-the public savings Scheme 1-IRS tax credits are deductible, in accordance with the terms and conditions laid down in article 78 of the code, 20% of the values are applied, by taxable person not married , or by each of the spouses not legally separated in person and assets, in individual accounts managed in public savings scheme, with a maximum € 350 per taxpayer. 127 2-The amounts paid under the scheme public scheme applies capitalisation laid down in the IRS code for the life annuities.» Article 73 Repeal under EBF-1 is repealed article 20 of the Statute of tax benefits, approved by Decree-Law No. 215/89, of 1 July. 2-the abolition of article 20 of the Tax benefits Statute shall not affect the application of the interest your deposits made on emigrant savings accounts up to 31 December 2007. Article 74 legislative authorization within the Government Is authorized to EBF change the article 50 of the Statute of tax benefits, approved by Decree-Law No. 215/89, of 1 July, in order to extend the scope of the exemption from IRC to the majority of companies that manage integrated systems of management of specific waste streams, on the same terms and conditions here laid down. Section II miscellaneous provisions under the tax benefits Article 75 an addition to the status of Scientific Patronage, approved by law No. 26/2004, of 8 July, is added to the status of Scientific Patronage, approved by law No. 26/2004, of 8 July, the Article 11a with the following text: 128 ' Article 11a ancillary obligations of the beneficiary entities 1-The beneficiaries of donations are required to : the Issue of document) amounts of donations received from his patron, with the indication of your framework of this Statute, and, with a statement that the donation is granted without strings attached, b) Have up-to-date record of Maecenas, containing, inter alia, the name, tax identification number, as well as the date and the value of each donation has been assigned to them pursuant to these regulations; c) deliver to the Directorate-General of taxes, by the end of February of each year, a statement on an official form, referring to the donations received in the previous year. 2-For the purposes of point (a)) of the preceding paragraph, the document must contain: a) the beneficiary entity's legal quality; (b)) the legal standards where fits, as well as, where appropriate, the identification of the order required the recognition; c) the amount of the donation in cash, when this is monetary in nature; d) in the case of donations in kind, the identification of the services and their value, determined in accordance with the previous article.

129 3-cash donations worth more than € 200.00 must be carried out by means of payment which allows the identification of patrons, namely, wire transfer, nominative cheque or direct debit.» Article 76 rules applicable to amounts deducted from tax credits under the tax benefit of housing savings accounts the regime which, under paragraph 3 of article 39 of law No. 55-B/2004, of 30 December, in the case of use for purposes not foreseen, remains applicable to amounts deducted from tax credits from the IRS under the tax relief on savings accounts-housing , covers only the annual amounts deducted in tax periods, for which there is still within expiry of the right to settlement. Article 77 read National Plan Acknowledges, for the purposes set out in articles 56-C 56-H of the Tax benefits Statute, that the aid granted between 1 January 2007 and 31 December 2013 for the implementation of the national plan, approved by resolution of the Council of Ministers No 86/2006, of July 12 , are considered of interest to education and can take advantage of tax benefits legally prescribed.



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Section III specific Incentives article 78 conventional remuneration of share capital 1-in determining taxable profit of the IRC, can be deducted an amount corresponding to the conventional remuneration of share capital, calculated by applying the rate of 3% to the sum of the entries made for deliveries in cash, by the partners, in the framework of the Constitution of the company or of an increase in share capital provided that:) the receiving company is qualified as small or medium-sized enterprise, in accordance with Regulation (EC) No 70/2001, the Commission of 12 January 2001, and its annexes; b) the partners involved in the society's Constitution or increase of the share capital exclusively natural, venture capital companies or venture capital investors; c) the taxable income is not determined by indirect methods. 2-the deduction referred to in the preceding paragraph: a) shall apply only to entries within the framework of Constitution of companies or increase of the share capital, which occur in the years 2008 to 2010; b) is made in the discharge of the taxable income, for the period of taxation in which occur the mentioned inputs and in the two following periods. 3-the tax relief provided for in this article may be added only with the benefits related to interiority, since overall do not exceed € 200 000 for the beneficiary entity, for a period of three years, in accordance with the Community rules applicable de minimis aid as defined in Regulation (EC) No 1998/2006, of 15 December. 131 Article 79 Extraordinary Scheme to support urban renewal is approved the Extraordinary Scheme to support urban regeneration, which governs the granting of tax incentives the rehabilitation of buildings, making it an integral part of this law and contained in the following articles: «article 1 Scope 1-tax incentives set out in these conditions of employment apply to rehabilitation started in the period 1 January 2008 to 31 December 2010 and completed until 31 December 2012. 2-Are covered by this scheme rehabilitation relating to properties that meet at least one of the following conditions: a) Are leased buildings likely to phased upgrade of rents in accordance with articles 27 et seq. of the New urban rent Regime (NRAU), approved by law No. 6/2006 of 27 February; b) Are urban buildings located in areas of urban regeneration. Article 2 for the purposes of this scheme Concepts: a) ' rehabilitation ' means the operations referred to in paragraph 2 of article 1 of Decree-Law No. 104/2004, of 7 may, of which a State of conservation of the property at least two levels above the assigned before the rehabilitation works; 132 b) «urban rehabilitation Area» territorially delimited area, characterized by the deterioration or obsolescence of the buildings, urban infrastructure, social equipment, free and areas of public space and being able to cover historical or old zones, as such qualified in municipal land-use plans, real estate protection areas classified in accordance with the law of Cultural Heritage and other degraded urban areas where there is the predominance of buildings with deficient conditions of soundness , security, health and aesthetics, in particular those classified as critical areas of Urban recovery and Reconversion (ACRRU); c) "conservation status", the building or housing State determined in accordance with the provisions of the NRAU and in Decree-Law No. 156/2006 of 8 August, for the purpose of updating of rents or phased, when this isn't the case, classified by the competent municipal services in survey carried out for this purpose, with reference to the levels of conservation in the context of article 33 of the NRAU. Article 3 Competence 1-proof of the beginning and the completion of rehabilitation within the jurisdiction of the municipality of location of the property, to which it is for sure the condition of the buildings, before and after the rehabilitation works. 2-the delimitation of areas of urban regeneration falls within the competence of the City Council, on a proposal from the City Council, having obtained the opinion of the Office of housing and Urban rehabilitation, i. p. 133 3-the opinion referred to in the preceding paragraph shall be issued within 20 days. Article 4 tax benefits applicable to rehabilitation measures covered by this scheme allows make use, under the conditions laid down in the following articles, the following tax benefits:) exemption from property tax in relation to urban property subject of rehabilitation; b) exemption from IRC in relation to income derived by the real estate investment funds, whose assets are predominantly engaged in the rehabilitation carried out in the areas of urban renewal; (c) special rate of taxation) 10% of the income in respect of units in investment funds referred to in the preceding paragraph, for IRS purposes or in IRC. Article 5 Benefits under the real estate taxation 1-The urban properties subject to rehabilitation are liable to exemption from property tax for a period of five years from the year, including the completion of travel. 2-the exemption referred to in the preceding paragraph may be renewed for a further period of three years. 3-the grant of exemption under the conditions laid down in the preceding paragraphs depend on decision by the municipal Assembly.

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4-it's up to City Hall, checked the conditions of the exercise of the right to exemption from every building, inform the Tax Office of the respective area of place: a) the recognition of exemption referred to in paragraph 1 within 30 days after the communication of the works of rehabilitation; b) the renewal of the exemption referred to in paragraph 2, to 90 days in advance in relation to the term of the exemption referred to in (a). 5-the arrangements laid down in this article is not cumulative with other tax benefits of the same nature, not damaging, however, the option for other more favorable. Article 6 property investment funds in urban rehabilitation 1-IRC shall be exempt income of any kind obtained by real estate investment funds that operate in accordance with national legislation, provided that they constitute between 1 January 2008 and 31 December 2012 and at least 75% of its assets are immovable property subject to rehabilitation measures carried out in the areas of urban regeneration. 2-income in respect of units in investment funds referred to in the preceding paragraph, paid or made available to the holders of its shares/units, whether for distribution or through rescue operation, are subject to withholding tax of IRS or IRC, at the rate of 10%, except when income holders are exempt entities with regard to investment income or non-residents without a permanent establishment in Portuguese territory to which income imputable excluding: 135 a) entities that are resident in a country, territory or region subject to a clearly more favourable tax regime, contained in list approved by order of the Minister of finance; b) The non-resident entities owned, directly or indirectly, in more than 25% by resident entities. 3-the withholding tax referred to in the preceding paragraph have finality where owners are non-residents without a permanent establishment in Portuguese territory or taxpayers of IRS residents who obtain income outside the scope of a commercial, industrial or agricultural activity, and, however, opt for inclusion for the purposes of this tax, in which case the withholding tax has the nature of tax due in accordance with article 78 of the IRS code. 4-the exemption from withholding tax in the cases provided for in paragraph 2 shall apply only when the beneficiaries of the income they make proves, to the satisfaction of the payer, the exemption of that leverage or the quality of non-resident in Portuguese territory, until the date on which must be made the withholding tax, in case of failure of proof, the substitute tax required to deliver all of the tax that should have been deducted under the law , being applicable the General rules laid down in the code relating to the competent responsibility for eventual tax deficiency. 5-proof of the quality of non-resident in Portuguese territory is made under the conditions laid down in articles 15, 16 and 18 of the Decree-Law No. 193/2005, of 7 November.

136 6 – recipients of income in respect of units in investment funds referred to in paragraph 1, when encompass the income distributed to them, entitled to deduct 50% of the income related to dividends, in accordance with the terms and conditions laid down in article 40 of the IRS code and in paragraph 8 of article 46 of the IRC code. 7-the positive balance between capital gains and capital losses resulting from the sale of units in investment funds referred to in paragraph 1 is taxed at the rate of 10% when the owners are non-residents not to apply the exemption provided for in article 26 of the Statute of tax benefits or IRS taxpayers resident in Portuguese territory who obtain income outside the scope of a commercial activity industrial or agricultural, and not opt for its inclusion. 8-the obligations laid down in article 119 and in paragraph 1 of article 125 of the IRS code shall be complied with by management companies or registers. 9-The fund managers of investment funds referred to in paragraph 1 are required to publish the value of distributed income, the value of the tax withheld to the holders of units, as well as the deduction to which they correspond for the purposes of paragraph 6. 10-If the requirements referred to in paragraph 1 no longer occur, cease the application of the arrangements provided for in this article, apply the system provided for in article 22 of the Statute of tax benefits and income from investment funds referred to in paragraph 1 which, to date, have not yet been paid or made available to the respective holders be taxed independently , at the rates provided for in article 22, adding the corresponding compensatory interest. 137 11-management companies of investment funds referred to in paragraph 1 are jointly and severally liable for the debts of the tax funds whose management it fits. 12-the arrangements laid down in this article is not cumulative with other tax benefits of the same nature, not damaging, however, the option for other more favorable. Article 7 Provisions subsidiaries To these arrangements apply, in the alternative, the provisions of the code of tax proceedings and Procedure and of the Tax benefits Statute, in everything concerning the recognition of tax benefits.» CHAPTER XI, tax process Procedure and other provisions section I General tax law Article 80 amendment of general tax law articles 44 and 52 of the general tax law, briefly designated by LGT, approved by Decree-Law No. 398/98, of 17 December, shall be replaced by the following: ' article 44 [...] 1 - […]. 2 - […]. 138


3 - […]. 4-in the case of the debt be paid within 30 days from the date of service, the interest for late payment are counted by the date of issue of this. Article 52 [...] 1-the levying of the tax benefit is suspended in the tax foreclosure process by virtue of payment in installments or administrative claim, appeal, challenge and opposition to the execution that have as their object the illegality or enforceability of debt, as well as during the dispute settlement procedures under the Arbitration Convention No. 90/436/EEC of 23 July on the Elimination of double taxation in the case of correction of profits between associated companies of different Member States. 2 - […]. 3 - […]. 4 - […]. 5-the warranty, once provided, exceptionally be replaced, in the event of the run to prove a legitimate interest in the replacement and it does not work prejudice to the tax creditor. 6 - […].»

139 section II procedure and tax proceedings article 81 amendment of the code of tax proceedings and processes articles 38, 169, 191, 192, 196.º, 199.º, 215, 224, 231.º and 250 of the code of tax proceedings and processes, abbreviated designated for TAX PROCEDURAL CODE, approved by Decree-Law No. 433/99, of 26 October, are replaced by the following:% quot% article 38 [...] 1 - […]. 2 - […]. 3 - […]. 4 - […]. 5 - […]. 6 - […]. 7 - […]. 8-the notifications referred to in paragraphs 3 and 4 of this article may be carried out in accordance with the provisions of the preceding paragraph, by fax when the tax administration is aware of the number of fax of notifying and can subsequently confirm the content of the message and the moment in which it was submitted. 9-the notifications referred to in this article may be made by electronic transmission of data, in accordance with the set by order of the Minister of finance. 140 10-notifications made pursuant to the preceding paragraph are equivalent, as appropriate, to the shipment by registered post or by registered post with acknowledgement of receipt, in accordance with the provisions of paragraph 3 of article 6 of Decree-Law No. 290-D/99, of 2 August. Article 169 [...] 1-the execution shall be suspended until the decision of the election in case of administrative claim, judicial review or judicial review relating to the legality of the debt, including dispute settlement procedures under the Arbitration Convention No. 90/436/EEC of 23 July, on the Elimination of double taxation in the case of correction of profits between associated companies of different Member States provided that guarantee has been lodged in accordance with article 195 or provided pursuant to article 199.º or the attachment ensures total security given and amount plus, which will be informed to the proceedings by the competent official. 2 - […]. 3 - […]. 4 - […]. 5 - […]. 6 - […]. Article 191 [...] 1-[...]. 141 2-[...]. 3 - […]. 4-the quotations referred to in this article may be made by electronic transmission of data, in accordance with the set by order of the Minister of finance. 5-the citations made in accordance with the provisions of the preceding paragraph are equivalent, as appropriate, to the shipment by registered post or by registered post with acknowledgement of receipt, in accordance with the provisions of paragraph 3 of article 6 of Decree-Law No. 290-D/99, August 2 Article 192 [...] 1-The personal quotes are carried out in accordance with the code of Civil procedure without prejudice, in respect of the service by electronic transmission of data, the provisions of paragraphs 4 and 5 of the preceding article. 2 - […]. 3 - […]. 4 - […]. 5 - […]. 6 - […]. 7 - […]. Article 196.º [...]-1 [...]. 142 2-[...]. 3 - […]. 4 - […]. 5 - […]. 6 - […]. 7 - […]. 8 - […]. 9 - […]. 10-the order of acceptance of assumption of debt and guarantees provided for in (b)) of paragraph 8 can determine the extinction of collateral security and or presented by the former debtor. 11-[...]. 12-[...]. Article 199.º [...]-1 [...]. 2 - […]. 3 - […]. 4-Worth as collateral for the purposes of paragraph 1 the seizure ever made about the assets necessary to ensure payment of the debt and increased or to be carried out on goods appointed for this purpose by the executed within the period referred to in paragraph 6. 5 - […]. 143 6-[...]. 7 - […]. 8 - […]. 9 - […]. 10 -– […]. Article 215 seizure, abnormal occurrences, appointment of goods to attachment 1-within the quote without having been paid, the attachment. 2-the attachment can be carried out by electronic means. 3-[previous No. 2]. 4-[previous paragraph 3]. Article 224 [...] 1-the attachment of credits is the notification to the debtor, made with the formalities of service personnel and subject to this regime, that all the credits of the run up to the value of the debt and plus are the order of the tax enforcement body, observing the provisions of the code of Civil procedure mutatis mutandis and the following rules :) [Repealed]; b) […];

144 c) [...]; d) […]; e) [Repealed]; f) not existing or being your credit value insufficient to guarantee the debt and plus, the organ of the tax foreclosure can notify the debtor of the attachment of future credits to that value, remaining valid notification for a period not exceeding one year, subject to renewal. 2 - […]. Article 231.º 1-the attachment of real estate or of partial figures their right of property is carried out by communication issued by the tax enforcement body the competent land registry, by issuing a communication for each building, in which reproduce all the elements of the book, as well as the identification of the debtor, the value of the debt, the case number and the number of attachment , observing the following: a) the attachment shall be registered within five days; b) carried out the registration, the Government communicates to the implementation the presentation number, identifying elements of the registration and identification of the burden or burdens on the well pawned, identifying the respective beneficiaries, as well as the value of the fees and the account;

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(c)), the organ of the foreclosure trustee upon notice by appointing registered letter with acknowledgement of receipt, which can be chosen a tax administration, executed, either natural or legal person, or other, to whom the seized goods are delivered. 2-documents and information referred to in paragraph 1 shall be carried out wherever possible by electronic means, and the book building elements be replaced by direct consultation to the computerised land register. 3-the attachment contains the qualified electronic signature of the owner of the organ of execution, such as authentication of access certification from vital electronic services tax administration. 4-the notification referred to in paragraph 1 shall be presentation for the purposes of entry in the register. 5-the attachment of real estate can also be carried out in accordance with the code of Civil procedure. Article 250 [...] 1-[...]. 2 - […]. 3 - […]. 4-the base value to advertise for sale is equal to 70% of the determined in accordance with paragraph 1. ' 146 Article 82 Abrogation of standards within the framework of the TAX PROCEDURAL CODE Are repealed (a)) and e) of paragraph 1 of article 224 of the TAX PROCEDURAL CODE, approved by Decree-Law No. 433/99, of 26 October. Section III Tax Offences Article 83 amendment to the General Regime of Tax Offences in articles 52, 67, 75, 92, 93, 95, 96, 97, 119, 120 and 125 of the General Regime of Tax Offences, as designated by TAX INFRINGEMENT CODE DOES, approved by law No. 15/2001, of 5 June, shall read as follows: «article 52 [...] The application of fines and penalties, except where provided for by law specialties, it is for the following tax authorities: a) in the case of customs infraction to the director-general of customs and excise duties, the directors of customs and the Customs Heads of delegations; b) in the case of a misdemeanour, the application of the penalties provided for in articles 114 and 116 to 126 as well as of administrative offences autonomous, the leader of the local tax service in the area where the offence took place and the application of penalties laid down in articles 114, 118, 119 and 126, when the tax exceeds € 25 000, and artigos113 No. , 115, 127, 128 and 129 to the director of finance at the area where the offence took place, still responsible for the application of penalties. 147 article 67 [...] 1-[...]:) [...]; b) For a misdemeanour, customs at customs or customs delegation. 2 - […]. 3 - […]. Article 75 [...] 1-[...]. 2-payment of the fine shall not apply to customs offences where the value of the missing tax benefit is more than € 15 000 or, in the absence of the tax provision, place the goods the subject of infringement is of value for customs purposes exceeds € 50 000 and, in any case, the application of the penalties provided for in law. 3 - […]. Article 92 [...] 1-[...]:) [...]; b) […]; c) […]; 148 d) [...]; is punished with imprisonment up to three years or with fine penalty up to 360 days, if the value of the missing tax benefit is more than € 15 000 or, in the absence of the tax provision place, the goods in respect of which the infringement is of value for customs purposes exceeds € 50 000, if more severe penalty you don't fit under any other statutory provision. 2 - […]. Article 93 [...] 1-Who, by any means, put or holds in circulation within the national territory, goods in violation of the customs laws relating to internal or community goods circulation, without competent processing guides or other legally required documents or without the application of stamps, marks or other signs legally prescribed, is punished with imprisonment up to three years or with fine penalty up to 360 days If the value of the missing tax benefit is more than € 15 000 or, in the absence of the tax provision place, the goods in respect of which the infringement is of value for customs purposes exceeds € 50 000. 2 - […]. Article 95 [...] 1-[...]:) [...]; b) […]; c) […]; 149 d) [...]; is punished with imprisonment up to three years or with fine penalty up to 360 days, if the value of the missing tax benefit is more than € 15 000 or, in the absence of the tax provision place, the goods in respect of which the infringement is of value for customs purposes exceeds € 50 000. 2 - […]. Article 96 [...] 1-[...]:) [...]; b) […]; c) […]; d) […]; e) […]; is punished with imprisonment up to three years or with fine penalty up to 360 days, if the value of the missing tax benefit is more than € 15,000 or there is no place the tax provision, if the products covered by the infringement are net tax value of more than € 50 000. 2 - […]. Article 97 [...] [...]: 150 a) [...]; (b) the goods which are the subject of the offence) have a value greater than € 100 000; c) […]; d) […]; e) […]; f) […]; g) […]. Article 119 [...] 1-[...]. 2-if there is no tax payable, the limits of the fines provided for in the preceding paragraph are reduced to a room. 3 - […]. 4 - […]. Article 120 [...] 1-the lack of accounting or bookkeeping books and export model files, required by law, as well as books, records and related documents, whatever their nature is punishable by a fine of € 150 to € 15 000. 2 - […].

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Article 125 [...]-1 [previous article body]. 2-lack of withholding tax on income subject to this obligation, when you check the legal assumptions for your total or partial exemption but without that, within legally provided for, has been presented the relevant evidence, is punishable by a fine of € 250 to € 2 500.» Article 84 Addition the General arrangements of the offences Are added to TAX INFRINGEMENT CODE DOES Tax, approved by law No. 15/2001, of 5 June, articles 110 and 111-B-, to be replaced by the following: ' article 110-lack or delay of delivery, display or presentation of documents or statements the lack or delay in submission, although electronically , or non-immediate or display within the law or the Customs Administration lay down declarations or documents proving the facts, values or situations listed in the declarations, transport documents or other legally would replace, communications, guides, even if magnetic records or other documents and provision of information or clarifications that independently should be legally or administratively required are punishable with a fine of € 50 to € 2 500.

Article 111-152 the Omissions and inaccuracies in the statements or other documents relevant tributariamente The omissions or inaccuracies which do not constitute a misdemeanour provided for in the previous article, practiced in the declarations, as well as in the supporting documents of the facts, or their situations, including those in the transport or other documents that legally would replace or other documents relevant to be kept tributariamente sue submitted or required are punishable cm fine of € 50 to € 3750.» Article 85 Repeal of provisions of paragraph (e) is repealed TAX INFRINGEMENT CODE DOES) article 59 of the General Regime of Tax Offences, approved by law No. 15/2001, of 5 June. CHAPTER XII miscellaneous provisions article 86 tax relevant change to law No. 55/2007, of August 31 article 2 of law No. 55/2007 of 31 August, is replaced by the following: ' article 2 [...] 1-[previous article body]. 2-the provisions of this law is not applicable in the autonomous regions of the Azores and Madeira '.

153 article 87 amendment to Decree-Law No. ___/__, 2007 article 12 of Decree-Law No. ___/2007, __ of ___, which establishes the legal regime applicable to the production of electricity through micro-production units, is replaced by the following: ' article 12 [...] 1 - […]. 2 - […]. 3 - […]. 4 - […]. 5 - […]. 6-income, an amount less than € 5 000, resulting from the micro-production activities provided for in this decree-law is excluded from taxation in IRS. ' Article 88 legislative authorization under the fiscal record Is the Government allowed to revise and systematise all regulations on the allocation and management, for tax purposes, the tax identification number for the Directorate-General of taxes, in the sense: 154 a) Include a single diploma the terms of Decree-Law No. 463/79, of 30 November, with the amendments introduced by Decree-Law No. 240/84 , of 13 July, by Decree-Law No. 266/91 of 6 August, by Decree-Law No. 19/97, of 21 January, as well as the ministerial order No. 386/98, of 3 July, the ministerial order No. 271/99, of 13 April, the ministerial order No. 862/99, of 8 October, the ministerial order No. 377/2003, of May 10 , and ministerial order No. 594/2003, of 21 July; b) harmonize the rules of issue of the tax identification card with the rules applicable to the card; c) Introduce procedures that showed advisable practice and innovations aimed at simplifying the fulfillment of tax obligations and provide a better quality service to the taxpayer. Article 89 legislative authorization to change the Statute of the Chamber of Auditors is granted authorization to the Government to review the status of the Chamber of Auditors approved by Decree-Law No 452/99, of 5 November, keeping their main lines caracterizadoras, and introducing changes to the existing regime, with the sense and scope:) Change the designation of Chamber of Auditors to Technical Order of technicians; b) establish the conditions for the establishment, registration and functioning of societies, on behalf of Technical professionals; c) set out the conditions of establishment, registration in order and functioning of societies of accounting and administration;

155 d) establish the rules applicable to official technicians engaged in the occupation under contract of employment when the employer is another certified accountant, society of technical professionals and statutory accounting and administration, to determine the accumulation of scores by professionals or employers; and Reset the organic structure of the) Order of technicians; f) provide that the passive electoral capacity, after the application of penalties higher than the warning, if it acquires after five years of your application; g) Typify how infringement liable to penalty of suspending the retention, without a justified reason, beyond the deadline set in the code of ethics, accounting documentation or books of your bookkeeping, the retention or use for purposes other than those of legal and regulatory charges delivered to them by their clients or employers and the failure of their professional functions or technical rules applicable to the implementation of the accounts; h) Typify as offence punishable by expulsion the penalty provision of documents or false, inaccurate or incorrect, having misled the deliberation that was based on the inscription on your order and judicial conviction penalty of imprisonment exceeding five years; I) Implement, within the framework of the functioning of the order of the official Technical verification systems of quality of technical services; j) to include in the Statute the code of ethics of the official Technical and professional societies and regulation of accounting and administration.

156


Article 90 incentives for the acquisition of companies in difficult economic situation the incentive scheme for the acquisition of companies set up by Decree-Law No. 14/98, of 28 of January, also applies to procedures approved by the Institute for the support to small and medium-sized enterprises and investment under the system of incentives for the revitalization and modernization of Business Tissue (SIRME). Article 91 collateral security Is exempt from stamp duty the Constitution in 2008 of guarantees in favour of the State or social security institutions, in the context of the application of article 196.º of the TAX PROCEDURAL CODE or of Decree-Law No. 124/96, of 10 August. CHAPTER XIII final provisions article 92 report on the fight against fraud and tax evasion 1-the Government presents to the Assembly of the Republic, until the end of February 2008, a detailed report on the progress of the fight against fraud and tax evasion in all areas of taxation, explaining the results achieved, particularly with regard to the value of the tax held as well as how much the value of the collections retrieved in various taxes. 2-the report shall contain, inter alia, all relevant statistical information about tax inspections carried out, as well as on the results obtained with the use of the various legal instruments for combating fraud and tax evasion, in particular the indirect measurement of the tax base and the derogation of banking secrecy duty should carry out an assessment of the adequacy of these same instruments taking into account criteria of efficiency of inspection action. 157 3-the report shall also contain, in strict respect of the different duties of the secret that the tax administration is bound, statistical information concerning tax offenses resulting from inspection, including highlighting, in aggregate form, the end result of the process. CHAPTER XIV borrowing, adjustments and State article 93 guarantees loans and other borrowing-1-Is the Government authorized pursuant to paragraph (h) of article 161 of the Constitution), through the Minister responsible for the area of finance, with the option of delegation, to grant loans and perform other active credit operations, until the contractual amount equivalent to EUR 530 million , not counting for this limit the amounts relating to restructuring or consolidation of the State credits, including the possible capitalization of interest. 2-in addition to the limit laid down in the preceding paragraph the granting of loans by the autonomous services and funds, to the contractual amount equivalent to 350 million euros, not counting for this limit the amounts relating to restructuring or consolidation of claims, including the possible capitalization of interest. 3-Is the authorised Government, through the Minister responsible for the area of finance, with the option of delegation, to renegotiate the contractual conditions of earlier loans, including the exchange of the currency of the credit, or the remit of those credits. 4-the Government reports on a quarterly basis the Assembly of the Republic of justification and conditions of operations carried out under this article.

158 article 94 active mobilization and credit recovery 1-Is the authorised Government, through the Minister responsible for the area of finance, with the option of delegation, in the context of recovery of credits and other financial assets of the State, held by the Directorate-General of Treasury and finance, to carry out the following operations: a) redefinition of the conditions for the payment of debts in cases where debtors propose pay ready or in instalments and, in duly substantiated cases, be reduced the value of claims, notwithstanding, in the event of non-compliance, if demand payment under the conditions originally applicable, these conditions may be applied to the settlement of credits acquired by the Directorate-General of Treasury and Finance in respect of debts to the social security institutions only when the borrowers are framed in a special process of reorganization or insolvency proceedings or in extra-judicial conciliation procedure; b) redefinition of terms of payment and, in duly substantiated cases, reduction or remission of the amount of credits of loans to individuals, under the special programme for the repair of Fires or properties in degradation (PRID) and the Special Volunteer Program, in the cases of borrowers whose households have an average monthly per capita income does not exceed the value of social insertion income or borrowers with expresses financial inability; c) realization of capital increases with any financial assets, as well as by credit conversion in capital of the companies liable for payment; d) acceptance as restitution in compliance, of real estate, movable property, securities and other financial assets; 159


and) sale of loans and other financial assets; f) acquisition of assets through exchange with other public entities or within the framework of the exercise of the right of priority or guaranteed lender for sale in Executive or in liquidation process of insolvency proceedings. 2-Is the Government also authorized, through the Minister responsible for the area of finance, with the option of delegation, to proceed: the transfer of management) credits and other assets, paid or unpaid, when such an operation is the most appropriate to the interests of the State; (b)) to the provision of services concerning the operation indicated in the preceding paragraph, regardless of your value, which may be preceded by negotiated procedure, with or without prior publication of a contract notice, or held by private contract. 3-Is still the Government, through the Minister responsible for the area of finance, with the option of delegation, to proceed: a) to the reduction of the share capital of a public limited-liability company of public capital to writing or simply reported in the context of financial sanitation processes; b) transfers of financial assets that the State, through the Directorate-General of Treasury and finance, holds about cooperatives and associations to the municipalities where those are your headquarters; c) the cancellation of credits held by the Directorate-General of Treasury and finance, when, in duly substantiated cases, it is found that there is no justification for their recovery; (d)) to the provision of services under the State credits recovery, in duly motivated cases. 160 4-Government reports on a quarterly basis the Assembly of the Republic of justification and conditions of operations carried out under this article. Article 95 acquisition of assets and assumption of liabilities and responsibilities Is the authorized Government, through the Minister responsible for the area of finance, with the option of delegation:) to purchase credits from State-owned enterprises, in the context of restructuring and strategic plans of improvement of the financial situation; b) assume liabilities and responsibilities or acquire claims on public enterprises and industrial establishments of the armed forces, in the context of restructuring and strategic plans of improvement of the financial situation or under winding-up proceedings; c) to settle the balance resulting from offsetting debits and credits exist, until 31 December 2007, as a result of the financial relations between the State and the autonomous regions, up to the amount of € 7 500 000, under the flexible management. Article 96 funding for the acquisition of assets and assumption of liabilities and responsibilities for the financing of the operations referred to in the previous article is ensured by budgetary allocation entered in Chapter 60 of the Ministry of finance and public administration. Article 97 the benefits of leasing operations in accordance with the provisions of paragraph 1 of article 11 of organic law No. 4/2006, of 29 August, is the Government allowed to comply with the payment to settle charges relating to contracts for public investment in the form of lease, up to maximum of € 161 49 533 000.

Article 98 Anticipation of Community funds 1-specific Treasury operations carried out to ensure the continuity of the CSF III and the beginning of the NSRFS, including community initiatives and Cohesion Fund, must be adjusted by the end of the financial year of 2009. 2-advances of funds referred to in the preceding paragraph may not, without prejudice to the provisions of the following paragraph, exceed in every moment: a) programmes co-financed by the ERDF, for Community initiatives and the cohesion fund € 800 000 000; b) as regards the programmes co-financed by the EAGGF Guidance section, the EAFRD, by the FIFG and the European Fisheries Fund € 600 000 000. 3-the amounts referred to in the preceding paragraph may be subject to adjustment against each other, with the permission of the Member of Government responsible for national management of the Fund. 4-the limits referred to in paragraph 2 include the advances already made until 2007. 5-specific Treasury operations carried out to guarantee the payment of financial support granted within the framework of the European agricultural guarantee fund (EAGF) must be settled upon reimbursement by the European Union under Regulation (EC) No 1290/2005, of 21 June. 6-in order to overcome any difficulties inherent in the process of closing the CSF II and CSF III and the beginning of the NSRF in respect of programmes co-financed by the European Social Fund (ESF), including community initiatives, is the 162 Government allowed to anticipate payments on account of Community transfers in the European Union through the social security budget which may not exceed at any time considering the advances already made in the year 2007, the amount of EUR 300 million. 7-the adjustment of active operations referred to in the preceding paragraph must occur by the end of the financial year of 2009, getting the IGFSS authorized to engage the corresponding funds transferred by the Commission. Article 99 principle of Treasury Unit 1-any movement of funds of the autonomous services and funds, including those whose financial and patrimonial management is governed by the legal regime of public business entities must be carried out by use of banking services provided by the Office of management of the Treasury and Public credit, I. P., unless provided otherwise legal. 2-the principle of Treasury Unit is applicable to the institutions of higher education in accordance with article 115 of law No. 62/2007 of 10 September. 3-failure to comply with the preceding paragraphs may constitute grounds for retention of shipments and refusal of anticipations of twelfths, in accordance with the fix in the Decree-Law of budgetary implementation. 4-The integrated services of the State and the autonomous services and funds referred to in paragraph 1 shall promote your integration into the network of the State provided for in the Treasury of the State regime, approved by Decree-Law No. 191/99, of 5 June, upon the opening of bank accounts by the Institute of management of Treasury and Public Credit , I. p., for receiving, accounting and control of own resources. 5-public business entities must maintain their availabilities and 163 applications


before the Office of financial management of Treasury and Public credit, I. P., and for that purpose the State Treasury scheme, approved by Decree-Law No. 191/99, of 5 June.

6-the revenue of all the investments that are carried out in violation of the principle of unity of the Treasury by the entities at the same subject shall accrue to the State. Article 100 amendment to Decree-Law No. 191/99, June 1-5 Is the Government allowed to change the regime of the State Treasury, approved by Decree-Law No. 191/99, June 5, in the sense: a) of deepening the principle of unity, as a means of optimising the overall management of public funds, by means of: i) specification of the rules associated with the fulfilment of the principle of unity of Treasury and of the entities he subject; II) definition of the consequences, in particular of a sanctioning nature, failure to comply with the principle of unity of the Treasury by the entities at the same subject; III) placing of public sector entities to the business principle of unity of the Treasury; IV) extension of banking services provided to customers of the Treasure in the field of application of liquid assets, borrowing short-term and opening of escrow accounts or other type of guarantee deposit of revenue; v) reinforcement of management instruments of the State Treasury in conjunction with 164 public debt management.

b) Of your suitability to the reform of the management of the Treasury of the State, implemented by the Decree-Law No. 273/2007, of July 30 through the integration of the management of the Treasury and public debt at the Institute for the management of Treasury and Public credit, I. P. 2-the present legislative authorization is valid for 12 months. Article 101 re-privatization and disposal operations For the reprivatizações to be held under the law No. 11/90 of 5 April, as well as for the sale of other State holdings, is the authorized Government, through the Minister responsible for the area of finance, with the Faculty of delegating, hiring, by direct agreement between pre-qualified companies referred to in article 5 of the Act , mounting alienation and operations of public offer for subscription of shares, the underwriting and placing and other associated operations. Article 102 ceiling for the granting of guarantees by the State and other legal persons governed by public law 1-the maximum limit for the authorisation of guarantees by the State in 2008 shall be fixed, in terms of annual net cash flows, at 2 500 milhões de euros. 2-are not covered by the limit laid down in the preceding paragraph the operations resulting from decisions taken within the European Union. 165 3-State responsibilities arising out of the commitments, in 2008, credit insurance guarantees, financial credit, performance bond and investment insurance cannot exceed the amount equivalent to 1 100 milhões de euros.

4-the maximum limit for the granting of guarantees by legal persons governed by public law, in 2008, is set in terms of net annual flows, at 10 million euros. Article 103 of Chapter 60 of the budget Balances of the State 1-balances of appropriations allocated to economic classification headings ' current transfers», «Grants», «financial assets ' and ' other current expenditure» entered in the State budget for 2008, in Chapter 60 of the Ministry of finance and public administration, can be used in the payment of costs is achievable until 15 February 2009 , since the obligation to the State of incorporation until December 31 2008 and is at that time known or estimable the amount needed for your compliance. 2-the amounts used in accordance with the provisions of the preceding paragraph are deposited in the special account for the payment of expenditure, and should the account be closed until 15 February 2009. Article 104-1 settlement Charges the State budget ensures that whenever necessary the satisfaction of defunct entities whose obligations remaining asset was transmitted to the State, in terms of share, up to the respective value transferred. 166 2-is dismissed the security provided for in paragraph 3 of article 154 of the Código das Sociedades Comerciais, when, in sharing, all of the remaining assets is passed to the State.

Article 105 extinction processes 1-current expenditure strictly necessary resulting from processes of dissolution, liquidation and extinction of public companies and subsidiaries, and other bodies, services are made through Chapter 60 of the Ministry of finance and public administration. 2-in the context of the procedures referred to in the preceding paragraph involving asset transfers to the State can be the extinction of obligations, compensation and confusion. CHAPTER XV State financing and debt management article 106 Financing from the State budget to tackle the financing needs arising from the implementation of the budget of the State, including the services and funds endowed with administrative and financial autonomy, the Government authorized pursuant to paragraph (h)) of article 161 of the Constitution and article 109 of this Act , to increase overall net debt, up to the maximum amount of 6437.2 EUR milhões. Article 107 167 financing of housing and Relocation 1-Is the authorised DGEMN to contract a loan with the European Bank of investment, up to a maximum of 400 million euros with the following distribution:


the EUR 200 million) up to the financing of urban regeneration and recovery of degraded housing stock; b) To EUR 200 million for the financing of the programme 18-Local, urban and Regional Development, measure 2 – housing and Relocation and 3250 project-Relocation. 2-the limit provided for in the preceding paragraph competes for the purposes of overall limit laid down in article 106 article 108 Financing under the programme MARE in order to ensure compliance with approved project financing under the programme MARE-Measure 3.2. -Development of aquaculture, is the Financing of agriculture and fisheries (IFAP) authorized to contract a loan before the Office of support for small and medium-sized enterprises and investment (IAPMEI) up to the amount of EUR 9,800,000, which competes for the purposes of overall limit laid down in article 106 article 109 General 1-financing pursuant to paragraph (h) of article 161 of the Constitution) is the Government allowed to raise loans repayable and perform other operations of indebtedness, in particular repurchase operations with equity securities debt 168 direct the State public, regardless of the rate and currency of denomination, whose product issue, more liquid and less capital gains, overall, does not exceed the amount resulting from the addition of the following values : the) Amount of the net debt increase direct global established pursuant to article 106 b) amount of debt repayments made during the year, the respective expiration dates or anticipated for convenience of debt management, calculated, in the first case, according to the contract value of recovery and, in the second case, according to the respective acquisition cost in market; c) Amount of other operations involving debt reduction, determined by the cost of acquisition in debt market subject to reduction. 2-The depreciation of public debt that are carried out by the public debt stabilisation fund as implementation of privatisation revenues are not considered for the purposes of point (b)) of the preceding paragraph. 3-the term of the loans at issue and debt operations to be carried out pursuant to paragraph 1 may not exceed 50 years. Article 110 Debt denominated in currency other than euro 1-currency exposure in currencies other than the euro may not exceed, in each moment, 10% of the total direct debt of the State. 2-for the purposes of the preceding paragraph, the amount of foreign exchange exposure financial responsibilities, including those relating to financial derivatives operations associated with loan contracts, whose currency risk is not covered. Article 111 169 floating Debt For transitional needs of Treasury and greater flexibility for managing the issuance of public debt, the Government is founded authorized to issue floating debt, getting the cumulative amount of live broadcasts at any time subject to a maximum of EUR 15 billion. Article 112 into buying market and exchange of debt securities 1-in order to improve the conditions of negotiation and public debt securities transaction directly from the State, increasing its liquidity, and with a view to improving the financing costs of the State, is the Institute of management of Treasury and Public credit, I. P., authorized to proceed to the early repayment of loans and the carrying out of market purchase or Exchange operations debt instruments, amortizing the debt in advance that, by this way, be withdrawn from market. 2-The essential conditions of the operations referred to in the preceding paragraph, in particular modalities for the realization and debt instruments covered, are approved by the Government, through the Minister responsible for the area of finance, and must: a) Safeguard the principles and general objectives of the direct management of the public debt of the State, in particular those laid down in article 2 of law No. 7/98, of 3 February; b) Respect the value and equivalence of market of debt securities. Article 113 direct management of the public debt of the State 1-Is the authorised Government, through the Minister responsible for finance, perform the following operations from direct management of the public debt of the State: 170 a) between Replacement of several types of loans; b) reinforcement of appropriations for capital depreciation; c) prepayment, in whole or in part, of loans already contracted; d) conversion of existing loans on the terms and conditions of the issuance or of the contract, or by agreement with its holders, when the conditions of financial markets so advise. 2-in order to streamline the negotiation and settlement of Government securities, is still the Government, through the Minister responsible for the area of finance, with the option of delegation, to perform reporting operations with equity securities of direct public debt of the State. 3-the budgeting of financial flows stemming from transactions associated with the management of the direct debt portfolio of the State and management of the State Treasury cash balances is made according to the following rules: a) expenses arising from financial derivatives operations are deducted from the revenue obtained with the same operations, being the respective balance always enlisted in item of expenditure; b interest revenue) resulting from operations associated with the issuance and management of public debt the State are slaughtered to expenditure of the same type; c) revenues from interest operations associated with the application of the State Treasury surpluses, as well as the associated with cash advances, are slaughtered to public debt interest costs directly; d) subparagraphs (a) prior does not dispense individualized accounting registration of all financial flows, even if merely book associated with the operations on them. CHAPTER XVI finance and transfers to the autonomous regions 171 Article 114 financing needs of the autonomous regions 1-the autonomous regions of the Azores and Madeira may not wake up contractually new loans, including all forms of debt, resulting in an increase in your net debt.


2-May-excepcionar if the provisions of the preceding paragraph, the terms and conditions to be set by order of the Minister responsible for the area of finance, loans and amortization for the financing of projects with reimbursement of Community funds. 3-the amount of net debt, compatible with the regional concept of need for funding of the European system of national and regional accounts (Esa95), is equivalent to the difference between the sum of the financial liabilities, whatever your way, including borrowings, leasing contracts and debts to suppliers, and the sum of financial assets in particular the cash balance, deposits in financial institutions and Treasury applications. Article 115 budgetary Transfers to the autonomous regions 1-in accordance with article 37 of the organic law No. 1/2007, of February 19, are transferred to the following funds: € 286 060 663) for the autonomous region of the Azores; b) £ 185 863 280 for the autonomous region of Madeira. 2-in accordance with article 38 of organic law No. 1/2007, of February 19, 172 the following funds transferred are: a) € 57 212 133 for the autonomous region of the Azores; b) € 24 394 555 to the autonomous region of Madeira.

CHAPTER XVII final provisions article 116 cessation of financial autonomy Is the Government allowed to to end the regime of financial autonomy and to apply the General rules of administrative autonomy to the autonomous services and funds that have not satisfied the rule of budgetary balance referred to in paragraph 1 of article 25 of law No 91/2001, 20 August , on your current wording, without having been dismissed in accordance with paragraph 3 of that article. Article 117 prior Supervision by the Court of Auditors 1-in accordance with the provisions of article 48 of law No 98/97 of 26 August, and for the year 2008 are exempt from prior supervision by the Court of Auditors the acts and contracts, the amount of which does not exceed 1000 times the value corresponding to the index 100 of the general regime of circumstantial scale. 2-amendment of financial sources in the investment budget of the Ministry of Justice does not prejudice the effectiveness of acts or contracts which have already been subject to prior supervision by the Court of Auditors. Article 118 for audiovisual Contribution 173 remains at € 1.71 the monthly value of the contribution to the audiovisual sector to charge in 2008, in accordance with law No. 30/2003, of 22 August.

Article 119 civilian Governments ' budgets Funds concerning support to associations during 2008, funds civilian Governments ' budgets relating to the support of associations, under the competence referred to in paragraph e) of paragraph 1 of article 4 of Decree-Law No. 252/92, of 19 November, have as their exclusive destination support for road safety activities civil protection and relief, in terms to be defined by order of the Minister in charge of internal affairs. Article 120 Portuguese Carbon Fund 1-Is the Government allowed to transfer to the Portuguese Carbon Fund: a) the amount of receivables from tax harmonization between the heating Gasoil and diesel road; b) the amount of the receivables from tax on low-efficiency lamps provided for in Decree-Law No. 108/2007, of 12 April. c) the amount of other recipes that will be assigned to your favor. 2-is entered into financial assets in the Portuguese Carbon Fund budget a sum of € 18 400 000 intended solely to the acquisition of units of CO2 emission (emission assigned amount units) or certificates of CO2 emission reduction (certified emission reduction units), aiming at the fulfilment of the commitments under the Kyoto Protocol. 174 3-in the case of the sum of transfers referred to in paragraph 1 exceed € 56 600 000, is captivated the excess amount in the funds referred to in the preceding paragraph.

Article 121 programme contracts under the national health service 1-The programme contracts to be concluded by the Regional Health Administrations, i. p., with hospitals within the national health service or belonging to the national network of health care, in accordance with paragraph 2 of the Base XII of Act No. 48/90 of 24 August and of paragraph 2 of article 1 of the legal regime of hospital management approved by law No. 27/2002 , November 8, are authorized by the Member of Government responsible for the health and can involve charges until a three-year period. 2-The programme contracts to be concluded with the hospitals within the national health service or belonging to the national network of health care become effective with your signature and shall be published in the second series of the Diário da República. 3-Notwithstanding the provisions of paragraph 1, contracts already concluded and valid for the current year. 122 control of National Health Service spending 1-the Government takes the necessary measures to ensure that the growth of expenditure on medicines dispensed on an outpatient basis and conventions of diagnostic tests and Therapeutics, does not exceed the growth of the budget of the national health service in 2008. 2-the Government also takes the necessary measures to contain in each unit hospital 175, the growth of costs in healthcare and pharmaceutical products, up to a limit of 1% above the growth referred to in the preceding paragraph.


Article 123 payment terms reduction 1-the Government sets for the services of direct and indirect State administration, multi-annual targets for the reduction of deadlines for payment to suppliers, establishing an appropriate mechanism for monitoring and publicizing of the evolution of average payment deadlines, simplifying procedures for budget management and control by adopting budget implementation rules conducive to the pursuit of these objectives , in particular as regards the transition from the arrangements and balances duodecimal. 2-for the purposes of paragraph 1 and under the conditions set by the Government, the product of the alienation and the encumbrance of immovable property reverts to the payment of debts to suppliers arising from the acquisition of capital assets. 3-During the year 2008, in the context of the implementation of the contract to be concluded between the State and the autonomous regions and the municipalities that decide to adhere to a program of reduction of deadlines for payment to suppliers, celebration of medium and long-term loans intended for the payment of debts to suppliers and in addition to the short-term loans contracted by the autonomous regions and the municipalities for Treasury support Since you are not exceeded net debt levels allowed by law. 4-the loan amount of medium-and long-term period referred to in the preceding paragraph 176 shall not exceed: a) in the case of autonomous regions, the value of the debt resulting from the acquisition of goods and services and of capital goods registered at the end of the first half of 2007, according to the communication to the Directorate-General for the budget for the third quarter of 2007; b) in the case of municipalities, the value of the debt to suppliers (item 22 of POCAL) registered at the end of the first half of 2007, according to the Directorate-General communication of local authorities which took place in the third quarter of 2007. 5-the celebration of loans pursuant to paragraphs 3 and 4 does not relieve the municipalities the net debt reduction obligation established in paragraph 2 of article 37 of law No 2/2007 of 15 January. Article 124 of the marketing of cosmetic and personal hygiene products the percentage of the tax on the sale of cosmetics and personal hygiene products referred to in (a)) of paragraph 1 of article 1 of Decree-Law No. 312/2002, of 20 December, shall be at the rate of 1% in the year 2008. Article 125 fee to security forces in the context of requests for collaboration services, the National Republican Guard and the police of Public Security resulting from requests for collaboration of public and private entities, as provided for in the respective organic laws, is subject to the payment of fee, whose conditions and value are defined by order of the members of the Government responsible for the areas of finance and Home Affairs. Article 126 177 Bottom Reminiscent of the Chiado's Reconstruction Fund financial balances remaining reconstruction of Wheezing placed the order of the Directorate-General of Treasury and Finance in accordance with paragraph 2 of article 24 of Decree-Law No. 321/2002, December 31, and (b)) of paragraph 1 of that article, as amended by law No. 53/2006 , of 29 December, are engaged in the establishment of a Fund for the retraining of the Riverfront of the Baixa-Chiado. Article 127 amendment to Decree-Law No. 74/70, of March 2 article 4 of Decree-Law No. 74/70, of 2 March, as amended by decree-laws Nos. 793/76, of 5 November, 275-A/93, of 9 August, and 503/99, of 20 November, is replaced by the following: ' article 4 [...] 1-the provisions of this Ordinance shall not apply to services with administrative and financial autonomy, and endowed with administrative autonomy and own uncommitted revenue, regardless of the value of these recipes. 2 - […]. 3-The court costs, fines, random acts and interest inherent in court proceedings are payable by any public authorities, are supported directly by the service to which belongs the body which, according to their competence, gave rise to the cause, how about that: a) removing direct or utility which extends the prejudice derived from the origin of the action; or b 178) that is attributable to the legal act in question or on which rests the duty to practice the legal acts or observe the desired behaviors.

4-when several services that gave rise to the cause, it is the responsibility of the General Secretariat of the Ministry or, when belonging to different ministries, the General Secretariat that contained primarily in the organic law of the Government in force at the time of the winding-up, proceed to the payment, without prejudice to the right of return, calculated on the basis of the Division of the total amount of costs by the number of services involved. 5-the payment of costs of procedural fines or interest pertaining to court proceedings relating to acts of the members of the Government talks within the framework of administrative resources is the responsibility of the services that practiced the contested decision. 6-When the responsible entity pursuant to the preceding paragraphs do not have legal personality, the costs are borne by legal person exercising guardianship over that or who is the financial management of that entity. 7-The costs referred to in paragraph 3 arising from acts committed by the Council of Ministers are supported by the General Secretariat of the Presidency of the Council of Ministers, for which the Secretariat-General of the Ministry of finance and public administration transfers the corresponding funds, when necessary, with the permission of the Member of Government responsible for the area of finance.» 179 Article 128 amendments to Decree-Law No. 269/98, of September 1 article 19 of the system of procedures to require the fulfilment of pecuniary obligations arising from contracts with a value not exceeding € 15 000, annexed to Decree-Law No. 269/98, of September 1, is replaced by the following:


«Article 19 1-Costs [...]. 2 - […]. 3 - […]. 4-submission of the application for a European order for a lawyer or solicitor may only be carried out by electronic means. 5-an applicant who, being represented by a lawyer or solicitor, fails to comply with the provisions of the preceding paragraph shall be subject to immediate payment of a fine of half of unit of account, unless the claim and proof of fair offside, in accordance with article 146 of the code of Civil procedure. 6-[previous paragraph 4]. 7-[previous paragraph 5].» Article 129 Amendment to law no 159/99 of 14 September, article 9 of law no 159/99 of 14 September, is replaced by the following: ' article 9 180 [...] 1 - […]. 2 - […].

3-the governance of operational programmes (OPS) which form part of the National strategic reference framework (NSRF), including their management, are governed by the provisions of Decree-Law No. 312/2007 of 17 September.» Article 130 amendment to Decree-Law No. 77/2007 of 29 March article 7 of Decree-Law No. 77/2007 of 29 March, is replaced by the following: ' article 7 [...] 1 - […]. 2 - […]. 3 - […]. 4-The own resources referred to in paragraph 2 are committed to the implementation of expenditure of MOR during the implementation of the budget of the year to which they relate, and the unused balances carried over to the following year.» Article 131 amendment to code of Expropriations articles 20 and 23 of the Expropriations code, approved by law No 168/99 of 18 September, shall be replaced by the following: 181 ' article 20 [...] 1 - […]. 2 - […]. 3 - […]. 4 - […]. 5-the deposit referred to in point (b)) of paragraph 1 may be replaced by collateral provided for legally permissible anyway. 6-[previous No. 5]. Article 23 [...] 1-[...]. 2 - […]. 3 - […]. 4 - […]. 5 - […]. 6 - […]. 7-the State, when the compensation, has right of recourse on the expropriante entity, and may, regardless of any formalities, to share blocking budgetary transfers to the total value of the debt, including interest on arrears that are owed from the date of payment of compensation.» Article 132 182 budgetary Reinforcement Is the Government allowed to increase the budgets of the entities responsible for dematerialization of the judicial processes, streamlining communications between all participants in the criminal process, as well as by extending the electronic monitoring system of defendants, up to the amount of € 7 500 000, under the flexible management.

Article 133 Competence for commitment of expenditure in the local 1-Is the Government allowed to legislate on jurisdiction to allow the conclusion and execution of public contracts for local authorities, in the context of the review of the legal regime of carrying out public expenditure set out in articles 16 to 22 and 29 of Decree-Law No. 197/99 , June 8, with the following meaning and extension: a) Raise the thresholds to which each of the organs of local authorities can allow spending, to strengthen their own powers and delegated, resulting in double the limit values currently in force; b) establish the competence to allow costs of execution of public contracts amounts similar to those laid down in accordance with the provisions of the preceding paragraph; c) possibility of establishing that the amounts referred to in the above may be increased up to three times in the case of urgency, objectively verifiable, of works or repairs to be carried out; 183 d) Assign jurisdiction to the deliberative bodies of the local authorities for authorisation of expenses giving rise to charges in more than a year, economic and which are not provided for in the multiannual plans of activities. 2-the present legislative authorization is valid for 180 days. Article 134 amendment to law No. 25/2006, of June 30 articles 12, 15, 16 and 17 of law No. 25/2006, of June 30, are replaced by the following: ' article 12 voluntary payment of the fine 1-[...]. 2-If the defendant does not use the Faculty conferred by the preceding paragraph, the dealers or entities for these responsible of collecting toll fees payable, send the auto news the Institute of Road infrastructures, i. p., establishing, within the competence provided for in this law, the corresponding infraction process and notifies the accused, joining the notification the duplicate of auto news. 3 - […]. 4 - […]. 5 - […]. 6 - […]. Article 15 Jurisdiction for the 184 process the Institute of Road infrastructures, i. p., is the entity responsible for the introduction and instruction of a misdemeanour procedures referred to in this law, as well as for the decision to apply the respective fines. Article 16 compliance the fine and the toll due must be paid within 15 working days of the date on which the decision becomes final, and the payment shall be carried out before the Office of Road infrastructures, i. p., and in ways which are laid down in regulation.

Article 17 product Distribution of fines 1-[...]. 2 - […]. 3 - […]: a) […]; b) 20% for the Institute of Road infrastructures, i. p. c) [...]; d) […]. 4 - […].» Article 135a Amendment to law No. 25/2006, of June 30 are added to law No. 25/2006, of June 30, articles 16A and 16A (B) with the following text:% quot% article 16a 185 Prescription of a misdemeanour procedures procedure provided for in this Act by quenching effect of prescription as soon as, on the practice of the administrative offense two years have elapsed. Article 16-B Prescription of fines and penalties The fines and penalties provided for in this law shall be two years.» Article 136 the Commission of explosives is repealed Decree-Law No. 137/2002 of 16 May.

137 entry into force this law enters into force on 1 January 2008.

Seen and approved by the Council of Ministers of 11 October 2007 the Prime Minister and State Minister of Finance Minister of Presidency 186 187 Parliamentary Affairs Minister


Table of changes and budgetary transfers referred to in article 6 Various changes and transfers 1 transition to the 2008 State budget of balances of appropriations of national funding associated with the community part-financing in the budget of the previous year, for projects cofinanced from the same Budgetary Programme, with the aim that the program does not suffer any disruption by lack of funds 2 funding transfer up to a maximum of 10% of the funds available in the year 2008 and by joint decree of the Ministers responsible for finance and areas of national defense, intended to cover charges, in particular, with the preparation, training and operations of forces, in accordance with the purpose referred to in article 1 of the organic law No. 4/2006, of 29 August 3 transfer of appropriations entered in the budgets of all services of the Ministry of Internal Affairs concerning the expenditure on the acquisition of data communications services, to the same heading of the budget of the Directorate-General of infrastructure and equipment, with the limit of € 4 000 000, provided that these transfers become necessary for developing the National Network of Homeland Security project, 4 changes between chapters of the budget of the Ministry of national defence arising from Military Service Law , the ongoing reorganization process in the Ministry of national defence, of the disposals and redeployment of the properties assigned to the armed forces, in the context of humanitarian and peace missions and of the military observers is not suitable in these missions 5 transfer of funds from the Ministry of national defense to the Caixa Geral de Aposentações, i. p. and Social Security for the refund of payment of benefits provided for in laws Nos 9/2002 , 11 February, and 21/2004, of 5 June, and in Decree-Law No 160/2004, of 2 July, and 320-A/2000 of 15 December 1998, as amended by Decree-Law No. 118/2004, of 21 may 188 6 transfer to the budget of the Ministry of national defence of the appropriations entered in the budget of the Ministry of science , Technology and higher education, for the involvement in the refit of the ship "Admiral Gago Coutinho", in accordance with the Protocol signed on November 15 2004 7 transfer of appropriations entered in the budget of the Judiciary for the budget of the Supreme Council of Magistracy to payments under paragraph 1 of article 3 of law No. 36/2007, of August 14 , up to a limit of € 89 025 000 8 transfer of funds to the Regional Government of the Azores to the amount of € 4 500 000 18 program "local urban and regional Development", at the Institute for housing and urban renewal, I. P., in Chapter 50 of the Ministry of the environment, regional planning and Regional development, by way of participation in the process of rebuilding the housing stock of the islands of Faial and Pico. 9 budget Changes and transfers necessary for the application of the system of proportional sharing of staff costs and expenditure relating to the common use of spaces, facilities, goods and services in shops of the citizen and Business formalities centres. 10 Regional Health Authorities and the health quality Institute shall be authorized to effect transfers within the PIDDAC for hospitals of the national health service with the nature of public business entities. 11 the Ministry of health shall transfer to the Ministry of justice the amount of € 1 000 000, which is the Institute's recipe and notary fees, I. P., and is intended to compensate for this service for expenses associated with the citizen card 12 transfer of funds under the Ministry of science, technology and higher education (Chapter 50) , Foundation for science and technology (FCT), aimed at programs with different functional classifications, including integrated services 189 13 transfer of funds under the Ministry of science, technology and higher education (Chapter 50), UMIC – Knowledge Society Agency, i. p., aimed at programs with different functional classifications, including integrated services 14 transfer of appropriations entered in the budgets of labs and other State organizations to other laboratories regardless of the organic and functional classification, since transfers become necessary for the development of projects and scientific research in charge of these 190 bodies Changes and transfers within the Central Administration SOURCE DESTINATION CEILINGS of the TRANSFER FRAMEWORK/15 Ministry of labour and Social solidarity Institute of employment and vocational training, i. p. United Nations High Commission for immigration and Intercultural dialogue i. p., € 4 187 000 ensure the operation of the activities of the entity 16 Ministry of labour and Social solidarity Institute of employment and vocational training, i. p. National Institute of rehabilitation, i. p. € 190 000 financing the operating costs of 17 Ministry for labour and Social solidarity social action System of the Social Security Program's budget Choices € 5 750 000 financing of operating expenses and transfers relating to the same 18 Program Ministry of labour and Social solidarity Social Security Budget Directorate-General of Social Security € 300 404 functioning of technical support structure for 19 Family Affairs Ministry for labour and Social solidarity Social Security Budget Directorate-General of Social Security € 205 000 development of Social security reform 20 Ministry of Culture Secretary General (operating budget) Fundação Centro Cultural de Belém € 7 900 000 21 activity funding Culture Ministry Secretary General (operating budget) activities Observatory
€ 200 000 cultural activity Financing 22 Ministry of Culture Secretary General (operating budget) Fundação Casa da Música € 9 000 000 191 activity funding Transfers relating to Chapter 50 SOURCE DESTINATION CEILINGS of the AMOUNTS to be transferred UNDER 23/Presidency of the Council of Ministers Office for the media Rádio e Televisão de Portugal, s.a. € 500,000 modernisation of flat 24 PLOPS ' Presidency of the Council of Ministers Office for the media Radio e Televisão de Portugal,

S. a. € 141,100 modernisation of 25 PLOPS radio Ministry of finance and public administration Institute of Informatics Company of shared management of resources of Public Administration (GeRAP), and p. e. € 9 000 000 human resources management system and financial resources management in shared mode in public administration 26 Ministry of environment, regional planning and Regional development in the Environment Agency (APA) EDM-Enterprise Development ment Miner , s. a. € 140 000 Projects of environmental recovery of degraded mining areas 27 Ministry of environment, regional planning and Regional Development's water Institute, i. p. RECILIS-wastewater treatment and recovery, s. a., and West Clover – Livestock waste treatment and recovery, s. a. € 1 000 000 Participation in projects of pig effluent treatment of watersheds of the river Lis and Real rivers Arnóia, and Made 192 SOURCE DESTINATION CEILINGS of the AMOUNTS to be transferred UNDER/28 Ministry of environment, regional planning and Regional Development Office of the Minister of the environment, regional planning and Regional Development Parque Expo 98 s.a. € 3 000 000 Portugal's participation in the Expo Zaragoza 2008 29 Ministry of public works, transport and communications planning Office , strategy and international relations administration of the port of Setúbal and Sesimbra, s.a. € 1 000 000 Financing Port infrastructure and environmental monitoring plan and 30 planning Ministry of public works, transport and communications Bureau of planning, strategy and international relations administration of the port of Lisbon, s. a. € 2 000 000 31 port infrastructure Finance Ministry of public works transport and communications, Office of planning, strategy and international relations administration of the port of Douro and Leixões, s.a. Financing port infrastructure € 4 000 000 32 Ministry of public works, transport and communications Bureau of planning, strategy and international relations administration of the port of Aveiro, s.a. Financing port infrastructure 2 564 779 euros and 33 access Ministry of public works transport and communications, Office of planning, strategy and international relations administration of the port of Sines, s.a. € 922 500 facilities, supervision and safety operating systems and spatial planning and landscape recovery 193 SOURCE DESTINATION CEILINGS of the AMOUNTS to be transferred UNDER/34 Ministry of public works, transport and communications Bureau of planning, strategy and international relations EDAB-Company for the development ment of Beja Airport € 5 600 000 financing of airport infrastructure 35 Ministry of public works transport and communications, Office of planning, strategy and international relations Metro do Porto, s.a. € 8 000 000 Financing of infrastructures and rolling stock 36 Ministry of public works, transport and communications Bureau of planning, strategy and international relations at the Metropolitan of Lisbon, and p. € 5 000 000 long-term infrastructure Funding 37 Ministry of public works transport and communications, Office of planning, strategy and international relations Metro do Mondego, s.a. € 4 472 000 light rail system financing do Mondego 38 Ministry of public works, transport and communications Bureau of planning, strategy and international relations CP-Caminhos de Ferro Portugueses, e. p. € 9 000 000 financing of rolling stock, ticketing and interfaces 39 Ministry of public works transport and communications, Office of planning, strategy and international relations RAVE-high-speed Network, and p. € 12 500 000 40 studies and projects funding Ministry of public works, transport and communications Bureau of planning, strategy and international relations TRANSTEJO-transport Tejo, s.a. Financing 4 500 000 €, Ticketing and Fleet expansion and modernisation of 194 Terminals SOURCE DESTINATION CEILINGS of the AMOUNTS to be transferred UNDER/41 Ministry of public works transport and communications, Office of planning, strategy and international relations at the Metropolitan Transportation Authority of Lisbon, and p. e. € 500 000 Installation and equipping and financing of investment in the integrated system of Lisbon Metropolitan area mobility 42 Ministry of public works, transport and communications Bureau of planning, strategy and international relations at the Metropolitan Transportation Authority of the port , and p. e. € 500 000 Installation and equipping and financing of investment in the integrated system of mobility in the Porto metropolitan area 43 Ministry of public works, transport and Communications Office of mobility and land transport, i. p. OTLIS-Transport operators in the region of € 200 000 ACE Lisbon Generalization of contactless ticketing to private operators in the region of Lisbon 44 Ministry of Health Regional Health Administration of Lisboa e Vale do Tejo/Ministry of national defence
Fund of € 2 613 360 Combatants meeting the commitments made with the acquisition of land for the construction of the new hospital of Cascais (Council of Ministers resolution No. 140/2004) 195 SOURCE DESTINATION CEILINGS of the AMOUNTS to be transferred UNDER/45 Ministry of Health Regional Health Administration of the North Ministry of national defence-Directorate-General for infrastructure € 1,250,000 Reallocation of PM 5/Braga-shooting gallery of St. Victor and satisfaction of the obligations entered into with the acquisition of land for the construction of the new Hospital, in accordance with the Joint Decree No. 71/2005, of 27 December 2004. 46 General Secretariat Ministry of culture music House Foundation € 2 500 000 196 activity funding transfers to external entities, other than those listed in Chapter 50 SOURCE DESTINATION of CEILINGS to transfer SCOPE/OBJECTIVE 47 Ministry of environment, regional planning and Regional development of the Directorate-General for regional planning and Urban Development SetúbalPOLIS, society for the development of the POLIS Programme in Setúbal , S. a. € 315 012 funding under the urban requalification 48 Ministry of environment, regional planning and the

The Regional Development Directorate-General for regional planning and Urban Development Cacém POLIS, society for the development of the POLIS Programme in Cacém, s. a. € 1 046 535 funding under the urban requalification 49 Ministry of environment, regional planning and Regional Development Directorate-General for regional planning and Urban Development Take POLIS, society for the development of the POLIS Programme in Make , S. a. € 438 549 funding under the urban requalification 50 Ministry of environment, regional planning and Regional Development Directorate-General for regional planning and Urban Development VianaPolis society for the development of the POLIS Program in Viana do Castelo, s.a. € 928 227 funding under the urban requalification 51 Ministry of environment, regional planning and Regional Development Directorate-General for regional planning and a helpful line guide nadya CostaPolis Urban , Society for the development of the POLIS Programme in Costa da Caparica, s. a. € 2 672 976 funding under the urban requalification 197 SOURCE DESTINATION CEILINGS of the AMOUNTS to be transferred UNDER 52 OBJECTIVE/Ministry of economy and Innovation Secretariat Innovation Agency € 400 000 operational management of business strategies in the field of technological innovation and to boost technological surroundings 53 business Ministry of economy and Innovation Institute to support small and medium-sized enterprises and the Investment Agency for investment and foreign trade of Portugal € 3 500 000 under the terms of article 24 of the annex to Decree-Law No. 245/2007 of 25 June 54 Ministry of public works, transport and communications Secretary General Metropolitan Transport Authority of Lisbon, and p. e. € 688 300 operating expenses 55 Ministry of public works, transport and communications Secretary General Metropolitan Transport Authority of the port , And p. e. € 688 300 operating expenses