Ŷ $(',725$)25(16(VHUHVSRQVDELOL]DSHORVYtFLRVGRSURGXWRQRTXHFRQFHUQH
jVXDHGLomRLPSUHVVmRHDSUHVHQWDomRDILPGHSRVVLELOLWDUDRFRQVXPLGRUEHP
PDQXVHiOR H OrOR 1HP D HGLWRUD QHP R DXWRU DVVXPHP TXDOTXHU
UHVSRQVDELOLGDGHSRUHYHQWXDLVGDQRVRXSHUGDVDSHVVRDRXEHQVGHFRUUHQWHVGR
XVRGDSUHVHQWHREUD
7RGRV RV GLUHLWRV UHVHUYDGRV 1RV WHUPRV GD /HL TXH UHVJXDUGD RV GLUHLWRV
DXWRUDLVpSURLELGDDUHSURGXomRWRWDORXSDUFLDOGHTXDOTXHUIRUPDRXSRUTXDOTXHU
PHLR HOHWU{QLFR RX PHFkQLFR LQFOXVLYH DWUDYpV GH SURFHVVRV [HURJUiILFRV
IRWRFySLDHJUDYDomRVHPSHUPLVVmRSRUHVFULWRGRDXWRUHGRHGLWRU

,PSUHVVRQR%UDVLO±3ULQWHGLQ%UD]LO

Ŷ 'LUHLWRVH[FOXVLYRVSDUDR%UDVLOQDOtQJXDSRUWXJXHVD
&RS\ULJKW‹E\
(',725$)25(16(/7'$
8PDHGLWRUDLQWHJUDQWHGR*(1_*UXSR(GLWRULDO1DFLRQDO
7UDYHVVDGR2XYLGRU±7pUUHRHžDQGDU±±5LRGH-DQHLUR±5-
7HO±)D[
IRUHQVH#JUXSRJHQFRPEU_ZZZJUXSRJHQFRPEU

Ŷ 2 WLWXODU FXMD REUD VHMD IUDXGXOHQWDPHQWH UHSURGX]LGD GLYXOJDGD RX GH TXDOTXHU
IRUPD XWLOL]DGD SRGHUi UHTXHUHU D DSUHHQVmR GRV H[HPSODUHV UHSURGX]LGRV RX D
VXVSHQVmRGDGLYXOJDomRVHPSUHMXt]RGDLQGHQL]DomRFDEtYHODUWGD/HLQ
GH
4XHP YHQGHU H[SXVHU j YHQGD RFXOWDU DGTXLULU GLVWULEXLU WLYHU HP GHSyVLWR RX
XWLOL]DU REUD RX IRQRJUDPD UHSURGX]LGRV FRP IUDXGH FRP D ILQDOLGDGH GH YHQGHU
REWHU JDQKR YDQWDJHP SURYHLWR OXFUR GLUHWR RX LQGLUHWR SDUD VL RX SDUD RXWUHP
VHUi VROLGDULDPHQWH UHVSRQViYHO FRP R FRQWUDIDWRU QRV WHUPRV GRV DUWLJRV
SUHFHGHQWHV UHVSRQGHQGR FRPR FRQWUDIDWRUHV R LPSRUWDGRU H R GLVWULEXLGRU HP
FDVRGHUHSURGXomRQRH[WHULRUDUWGD/HLQ

Ŷ &DSD'DQLOR2OLYHLUD
3URGXomRGLJLWDO*HHWKLN


Ŷ )HFKDPHQWRGHVWDHGLomR

Ŷ &,3±%UDVLO&DWDORJDomRQDIRQWH
6LQGLFDWR1DFLRQDOGRV(GLWRUHVGH/LYURV5-


 6P

6FDYRQH-XQLRU/XL]$QWRQLR
0RGHORV GH SHoDV QR QRYR &yGLJR GH 3URFHVVR &LYLO  /XL] $QWRQLR 6FDYRQH
-XQLRU±5LRGH-DQHLUR)RUHQVH

,QFOXLELEOLRJUDILD
,6%1

3URFHVVRFLYLO±%UDVLO'LUHLWRSURFHVVXDOFLYLO±%UDVLO,7tWXOR

 &'8


'HGLFRHVWHOLYURDRVDXGRVR3URIHVVRU-RUJH7DUFKD
$'HXVVHPSUHSRUWXGR


Nota da Editora: o Acordo Ortográfico foi aplicado integralmente nesta obra.


,QWURGXomR
 )OX[RJUDPDSDUDRSURFHGLPHQWRFRPXP
 3UD]RVQD/HL&yGLJRGH3URFHVVR&LYLO

&DStWXOR±3URFXUDomR³DGMXGLFLD´HFRQWUDWRGHKRQRUiULRV
 3URFXUDomR
 &RQWUDWRGHKRQRUiULRV

&DStWXOR±,QWHUYHQomRGHWHUFHLURV
 3HGLGRGHDVVLVWrQFLD
 'HQXQFLDomRGDOLGHHPHPEDUJRVGHWHUFHLUR
 &KDPDPHQWRDRSURFHVVR
 ,QFLGHQWHGHGHVFRQVLGHUDomRGDSHUVRQDOLGDGHMXUtGLFDFRPSHGLGR
GHWXWHODSURYLVyULDGHXUJrQFLD
 3HGLGRGHLQWHUYHQomRQDTXDOLGDGHGHDPLFXVFXULDH

&DStWXOR±3URFHGLPHQWRFRPXP
 3HWLomRLQLFLDOFRPSHGLGRGHWXWHODSURYLVyULDGHXUJrQFLDHGH
HYLGrQFLD
 &RQWHVWDomRFRPUHFRQYHQomR
 &RQWHVWDomRQR-XL]DGR(VSHFLDO&tYHO
 5pSOLFD
 (PHQGDGDLQLFLDOSDUDVXEVWLWXLURUpXHPUD]mRGHDOHJDomRGH
LOHJLWLPLGDGHHPFRQWHVWDomR
 (PHQGDGDLQLFLDOSDUDLQFOXLUUpXHPUD]mRGHDOHJDomRGH
LOHJLWLPLGDGHHPFRQWHVWDomR
 3HWLomRLQLFLDO±FREUDQoDGHGpELWRVFRQGRPLQLDLV±XWLOL]DomRGD
IDFXOGDGHGDDomRGHFRQKHFLPHQWRDLQGDTXHKDMDWtWXORH[HFXWLYR
H[WUDMXGLFLDO&3&DUW


  &RQWHVWDomRGHDomRGHFREUDQoDGHGpELWRVFRQGRPLQLDLV
 3HWLomRLQLFLDO±DomRUHGLELWyULD±UHVWLWXLomRGDVTXDQWLDVSDJDV±
UHTXHULPHQWRSDUDTXHDFLWDomRVHMDHIHWXDGDSRULQWHUPpGLRGR
VLVWHPDGHFDGDVWURGHSURFHVVRVHPDXWRVHOHWU{QLFRVQRVWHUPRV
GRDUW†žGR&yGLJRGH3URFHVVR&LYLO
 3HGLGRQDDomRGHSUHFHLWRFRPLQDWyULR±REULJDomRGHID]HU
 3HWLomRLQLFLDO±DomRGHLQGHQL]DomRHPIDFHGHFRQVWUXWRUDFRP
SHGLGRGHWXWHODGHXUJrQFLDSDUDUHDOL]DomRGHSURYDSHULFLDO
DQWHFLSDGD
 3HWLomRLQLFLDO±DomRGHFREUDQoD
 3HWLomRLQLFLDO±DomRUHLYLQGLFDWyULDFRPSHGLGRGHWXWHODSURYLVyULD
GHXUJrQFLDGHQDWXUH]DDQWHFLSDGD
 3HWLomRLQLFLDO±DomRGHDGMXGLFDomRFRPSXOVyULD
 3HWLomRLQLFLDO±DomRGHREULJDomRGHID]HU
 $omRGHQXQFLDomRGHREUDQRYD

&DStWXOR±7XWHODSURYLVyULDGHXUJrQFLD
 7XWHODSURYLVyULDDQWHFLSDGDUHTXHULGDHPFDUiWHUDQWHFHGHQWH
 7XWHODSURYLVyULDGHXUJrQFLDFDXWHODUUHTXHULGDHPFDUiWHU
DQWHFHGHQWH

&DStWXOR±$UJXLomRGHIDOVLGDGH
 $UJXLomRGHIDOVLGDGHGHGRFXPHQWRQRYR
 $omRDXW{QRPD

&DStWXOR±3URGXomRDQWHFLSDGDGHSURYDV

&DStWXOR±&XPSULPHQWRGHVHQWHQoD
 3HWLomRUHTXHUHQGRRFXPSULPHQWRSURYLVyULRGHVHQWHQoDTXH
UHFRQKHFHH[LJLELOLGDGHGHREULJDomRGHSDJDUTXDQWLDFHUWD
 3HWLomRUHTXHUHQGRRFXPSULPHQWRGHILQLWLYRGHVHQWHQoDTXH
UHFRQKHFHH[LJLELOLGDGHGHREULJDomRGHSDJDUTXDQWLDFHUWD
 3HWLomRUHTXHUHQGRFRQVWULomRGHEHQVHPUD]mRGDIUXVWUDomRGD


 SHQKRUDLQLFLDO
 3HWLomRUHTXHUHQGRRFXPSULPHQWRGHVHQWHQoDRXGHFLVmR
LQWHUORFXWyULDTXHUHFRQKHFHH[LJLELOLGDGHGHREULJDomRGHSUHVWDU
DOLPHQWRV
 3HWLomRUHTXHUHQGRRFXPSULPHQWRGHILQLWLYRGHVHQWHQoDTXH
UHFRQKHFHH[LJLELOLGDGHGHREULJDomRGHID]HUQmRID]HURXHQWUHJDU
FRLVD
 3HORUHVXOWDGRSUiWLFRHTXLYDOHQWH
 0HGLDQWHLPSRVLomRGHPXOWDDVWUHLQWHVRXEXVFDH
DSUHHQVmR
 3HWLomRUHTXHUHQGRRFXPSULPHQWRGHILQLWLYRGHVHQWHQoDTXH
UHFRQKHFHH[LJLELOLGDGHGHREULJDomRGHSDJDUTXDQWLDFHUWDSHOD
)D]HQGD3~EOLFD
 3HWLomRGRGHYHGRURIHUWDQGRRSDJDPHQWRHPFXPSULPHQWRGH
VHQWHQoDTXHUHFRQKHFHH[LJLELOLGDGHGHREULJDomRGHSDJDUTXDQWLD
FHUWD
 ,PSXJQDomRDRFXPSULPHQWRGHVHQWHQoD±H[FHVVRGHH[HFXomR
 ,PSXJQDomRDRFXPSULPHQWRGHVHQWHQoD±RXWUDVFDXVDV

&DStWXOR±3URFHGLPHQWRV(VSHFLDLV
 $omRGHFRQVLJQDomRHPSDJDPHQWR
 $omRGHH[LJLUFRQWDVSUHVWDomRGHFRQWDV
 $o}HVSRVVHVVyULDV
 1RWLILFDomR
 5HLQWHJUDomRGHSRVVH
 5HLQWHJUDomRGHSRVVHDSyVDFRQVROLGDomRGDSURSULHGDGH
QDDOLHQDomRILGXFLiULDGHEHPLPyYHO
 0DQXWHQomRGHSRVVH
 ,QWHUGLWRSURLELWyULR
 $omRGHGLYLVmRGHWHUUDVSDUWLFXODUHV
 $omRGHGHPDUFDomRGHWHUUDVSDUWLFXODUHV
 $omRGHGLVVROXomRSDUFLDOGHVRFLHGDGH


  ,QYHQWiULRHSDUWLOKD
 3HGLGRGHDEHUWXUDGH,QYHQWiULR
 3ULPHLUDVGHFODUDo}HV
 3HGLGRGHFRODomR
 +DELOLWDomRGHFUpGLWR
 (VERoRGHSDUWLOKD
 $UURODPHQWRVXPiULR
 $UURODPHQWRDUWGR&3&
 6REUHSDUWLOKD
 (PEDUJRVGHWHUFHLUR
 2SRVLomR
 +DELOLWDomR
 $o}HVGHIDPtOLD
 'LYyUFLR
 5HFRQKHFLPHQWRHH[WLQomRGHXQLmRHVWiYHO
 5HJXODPHQWDomRGHJXDUGDHYLVLWDFXPXODGDFRPDOLPHQWRV
 ,QYHVWLJDomRGHSDWHUQLGDGH
 $OLPHQWRV
 5HYLVmRHH[RQHUDomRGHDOLPHQWRV
 $omRPRQLWyULD

&DStWXOR±3URFHGLPHQWRVGHMXULVGLomRYROXQWiULD
 $OLHQDomR-XGLFLDO±H[WLQomRGHFRQGRPtQLR±DomRGHYHQGDGD
FRLVDFRPXP
 1RWLILFDomRMXGLFLDO
 'LYyUFLRFRQVHQVXDO
 ([WLQomRFRQVHQVXDOGHXQLmRHVWiYHO
 3HGLGRGHDOWHUDomRGRUHJLPHPDWULPRQLDO
 $omRSDUDVXSULPHQWRGHRXWRUJDFRQMXJDO
 ,QWHUGLomR


&DStWXOR±([HFXomRGHWtWXORH[WUDMXGLFLDO
 ([HFXomRSRUTXDQWLDFHUWD
 ([HFXomRSRUTXDQWLDFHUWD±FRQGRPtQLRV
 ([HFXomRSDUDHQWUHJDGHFRLVD
 ,PSXJQDomRDRSHGLGRGRH[HFXWDGRGHUHXQLmRGDDomRGH
H[HFXomRFRPDomRGHFRQKHFLPHQWRDQXODWyULD
 ([HFXomRGHREULJDomRGHID]HURXGHQmRID]HU
 ([HFXomRFRQWUDD)D]HQGD3~EOLFD
 ([HFXomRGHDOLPHQWRV

&DStWXOR±(PEDUJRVjH[HFXomR

&DStWXOR±5HFXUVRV
 $JUDYRGH,QVWUXPHQWR±GHFLVmRTXHQHJDDQWHFLSDomRGHWXWHOD
WXWHODGHXUJrQFLDHYLGrQFLD
 $JUDYRLQWHUQR
 'HGHFLVmRPRQRFUiWLFDTXHGiSURYLPHQWRDR5HFXUVR
(VSHFLDO
 'HGHFLVmRPRQRFUiWLFDTXHQHJDVHJXLPHQWRDR5HFXUVR
(VSHFLDO
 (PEDUJRVGHGHFODUDomR
 $SHODomR
 5HFXUVR2UGLQiULR
 5HFXUVR(VSHFLDO
 3HGLGRGHDWULEXLomRGHHIHLWRVXVSHQVLYRD5HFXUVR(VSHFLDO
LQWHUSRVWR
 $JUDYRHP5HFXUVR(VSHFLDOHHP5HFXUVR([WUDRUGLQiULR
 5HFXUVR([WUDRUGLQiULR
 &RQWUDUUD]}HVD5HFXUVRV(VSHFLDORX([WUDRUGLQiULR
 (PEDUJRVGHGLYHUJrQFLD
 $omRUHVFLVyULD


  5HFODPDomR

&DStWXOR±/RFDomRGH,PyYHO8UEDQR
 1RWLILFDomRFRPXQLFDQGRDVXEURJDomRQRFRQWUDWRGHORFDomR
 1RWLILFDomRHQFDPLQKDGDSHORILDGRUGDQGRQRWtFLDGHVXD
H[RQHUDomRHPUD]mRGDVXEURJDomROHJDO
 1RWLILFDomRH[LJLQGRQRYRILDGRUHPUD]mRGDH[RQHUDomRSHODVXE
URJDomROHJDOGRORFDWiULRRULJLQDO
 3HWLomRLQLFLDOGHDomRGHGHVSHMRHPIDFHGDQmRDSUHVHQWDomRGH
QRYRILDGRUHPUD]mRGDH[RQHUDomRGRRULJLQDOFRPSHGLGRGH
OLPLQDU
 &RQWHVWDomREDVHDGDQDDomRGHH[RQHUDomRIXQGDPHQWDGDQD
PRUWHGRPDULGRGDILDGRUD
 1RWLILFDomRHQFDPLQKDGDSHORILDGRUGDQGRQRWtFLDGHVXD
H[RQHUDomRHPUD]mRGDSURUURJDomROHJDOGRFRQWUDWR
 1RWLILFDomRH[LJLQGRQRYRILDGRUHPUD]mRGDH[RQHUDomRGRILDGRU
RULJLQDOHPUD]mRGDSURUURJDomRGRFRQWUDWRSRUSUD]R
LQGHWHUPLQDGR
 $omRGHH[RQHUDomRGRILDGRUSHODDOWHUDomRGRTXDGURVRFLDOGD
SHVVRDMXUtGLFDDILDQoDGD
 $omRGHH[RQHUDomRGRILDGRUHPUD]mRGDQRYDomR
 1RWLILFDomRSDUDDomRGHGHVSHMRHPYLUWXGHGDH[WLQomRGR
XVXIUXWRRXILGHLFRPLVVRDUWž
 1RWLILFDomRSDUDDomRGHGHVSHMRHPYLUWXGHGDDOLHQDomRGRLPyYHO
GXUDQWHDORFDomRDUWž
 1RWLILFDomRSDUDDomRGHGHVSHMRGHLPyYHOUHVLGHQFLDOFRP
FRQWUDWRHVFULWRSRUSUD]RVXSHULRUDPHVHVSRUGHQ~QFLDYD]LD
DUW†žXOWUDSDVVDGRVGLDVGRILPGRFRQWUDWR
 1RWLILFDomRSDUDDomRGHGHVSHMRGHLPyYHOUHVLGHQFLDOFRP
FRQWUDWRYHUEDORXHVFULWRFRPSUD]RLQIHULRUDPHVHVSRU
GHQ~QFLDYD]LDDUW9SDVVDGRVDQRVGDGDWDGHLQtFLRGR
FRQWUDWR
 1RWLILFDomRSDUDDomRGHGHVSHMRQDORFDomRQmRUHVLGHQFLDODSyV


 GLDVGRILPGRFRQWUDWRDUWVH
 1RWLILFDomRSDUDDomRGHGHVSHMRUHIHUHQWHjORFDomRDQWHULRUj/HL
GHGHRXWXEURGHTXHHVWHMDYLJRUDQGRSRUSUD]R
LQGHWHUPLQDGRFRPSUD]RGHPHVHVSDUDGHVRFXSDomRDUW
 1RWLILFDomRSDUDSRVVLELOLWDUVXEORFDomRFHVVmRRXHPSUpVWLPRQmR
FRQVHQWLGRDUW†ž
 1RWLILFDomRGRORFDWiULRDRORFDGRUGHQXQFLDQGRRFRQWUDWRQR
SUD]RGHSURUURJDomR
 1RWLILFDomRGRORFDWiULRDRORFDGRUGHQXQFLDQGRRFRQWUDWRSRU
WUDQVIHUrQFLDGHHPSUHJR
 3HWLomRSDUDH[HFXomRSURYLVyULDGRGHVSHMR
 3HWLomRSDUDOHYDQWDPHQWRGHFDXomRSHORDXWRU
 3HWLomRSDUDOHYDQWDPHQWRGHFDXomRSHORUpX
 3HGLGRGHLQWLPDomRGRUpXDUW
 $omRGHGHVSHMRSRUVXEORFDomRFHVVmRRXHPSUpVWLPRQmR
FRQVHQWLGR
 $omRGHGHVSHMRSRUFHVVmRGDORFDomRHPUD]mRGDFHVVmRGDV
TXRWDVVRFLDLV
 3HGLGRGHDVVLVWrQFLDGHVXEORFDWiULRV
 'HVSHMRSRUH[WLQomRGDVXEORFDomRFRPSHGLGRGHOLPLQDU
 $omRGHGHVSHMRSRULQIUDomRGHP~WXRDFRUGRFRPSHGLGRGH
GHVRFXSDomROLPLQDU
 $omRGHGHVSHMRSRUGHVYLRGHXVRGRLPyYHODUW
 $omRGHGHVSHMRSRUIDOWDGHSDJDPHQWRVHPFXPXODomRGH
FREUDQoDGHDOXJXpLV
 $omRGHGHVSHMRSRUIDOWDGHSDJDPHQWRFXPXODGDFRPFREUDQoDGH
DOXJXpLVVRPHQWHFRQWUDRORFDWiULR
 $omRGHGHVSHMRSRUIDOWDGHSDJDPHQWRFXPXODGDFRPFREUDQoD
HPIDFHGRILDGRU
 $omRGHGHVSHMRSRUIDOWDGHSDJDPHQWRFRPSHGLGRGH
GHVRFXSDomROLPLQDUQDKLSyWHVHGHDXVrQFLDGHJDUDQWLDV
 'HVSHMRSDUDUHSDURVXUJHQWHV


 'HVSHMRSRUH[WLQomRGRFRQWUDWRGHWUDEDOKR
 'HVSHMRSDUDXVRSUySULR
 'HVSHMRSDUDXVRSUySULRQR-XL]DGR(VSHFLDO
 $omRGHGHVSHMRSDUDGHPROLomRRXHGLILFDomROLFHQFLDGD
 $omRGHGHVSHMRQDVORFDo}HVGHKRVSLWDLVHVFRODVDVLORVH
HQWLGDGHVUHOLJLRVDV
 $omRGHGHVSHMRHPYLUWXGHGDSHUPDQrQFLDGHSHVVRDVQmR
DXWRUL]DGDVDSyVDPRUWHGRORFDWiULR
 $omRGHGHVSHMRHPYLUWXGHGHFRQWUDWRGHORFDomRVHPYrQLD
FRQMXJDOSRUSUD]RVXSHULRUDGH]DQRV
 $omRGHGHVSHMRSRUGHQ~QFLDYD]LDQDVORFDo}HVGHLPyYHLV
UHVLGHQFLDLV
 $omRGHGHVSHMRQDORFDomRQmRUHVLGHQFLDOFRPSHGLGRGHOLPLQDU
 $omRGHGHVSHMRSRUH[WLQomRGRXVXIUXWR
 'HVSHMRHPYLUWXGHGDDOLHQDomRGRLPyYHOGXUDQWHDORFDomR
 'HVSHMRQDVORFDo}HVUHVLGHQFLDLVSRUFRQWUDWRLQLQWHUUXSWRGHFLQFR
DQRV±GHQ~QFLDYD]LD
 'HVSHMRQDVORFDo}HVSDUDWHPSRUDGD
 3HWLomRUHTXHUHQGRLPLVVmRQDSRVVHHPUD]mRGRDEDQGRQRGR
LPyYHOQRFXUVRGDDomR
 3HWLomRUHTXHUHQGRRMXOJDPHQWRHPUD]mRGRDEDQGRQR
 &RQWHVWDomRHPDomRGHGHVSHMRFRPPRGHORUHIHUHQWHjSUHVFULomR
GDSUHWHQVmRGDFREUDQoDGRVDOXJXpLVHHQFDUJRV
 5HFRQKHFLPHQWRGDSURFHGrQFLDGRSHGLGRSDUDREWHUREHQHItFLR
GDGHVRFXSDomRHPPHVHV
 $omRUHQRYDWyULD
 $omRGHFRQVLJQDomRGHDOXJXpLVHDFHVVyULRV
 $omRGHFRQVLJQDomRGHFKDYHVDUWVžHž
 $omRGHFRQVLJQDomRHPSDJDPHQWRKDYHQGRIXQGDGDG~YLGDVREUH
TXHPGHYDUHFHEHU
 $omRUHYLVLRQDO


  $omRGHSUHFHLWRFRPLQDWyULRSDUDSHUPLWLUDYLVWRULDGRLPyYHO
 ([HFXomRGHDOXJXpLVHHQFDUJRVHPIDFHGRILDGRU
 $GMXGLFDomRGRLPyYHOSRUDIURQWDDRGLUHLWRGHSUHIHUrQFLD
 1RWLILFDomRSDUDFRQFHGHUDRORFDWiULRRGLUHLWRGHSUHIHUrQFLD

%LEOLRJUDILD


1. FLUXOGRAMA PARA O PROCEDIMENTO COMUM


2. PRAZOS NA LEI 13.105/2015 (CÓDIGO DE PROCESSO CIVIL)

2VSUD]RVVmRFRQWDGRVDSHQDVQRVGLDV~WHLVH[FOXLQGRRGLDGR
FRPHoRGLD~WLOVHJXLQWHDRGDSXEOLFDomRFRQVLGHUDGDHVWDFRPRR
GLD~WLOVHJXLQWHjGLVSRQLELOL]DomRQR'LiULR GD -XVWLoD (OHWU{QLFR H
LQFOXLQGRRGLDGRYHQFLPHQWR&3&DUWVH$VUHJUDV
GH FRQWDJHP GH SUD]RV HVWmR QRV DUWV  D  GR &3&
HVSHFLDOPHQWHQRVDUWVH

ATO, PROVIDÊNCIA OU DESCRIÇÃO DO

ARTIGO PRAZO
PRAZO

Manifestação sobre requerimento de registrador

98, § 8º 15 dias
que impugna assistência judiciária

Impugnação do deferimento de assistência

100 15 dias
judiciária gratuita

Recolhimento de custas na hipótese de denegação

101, § 2º 5 dias
ou revogação da gratuidade da justiça

15 dias prorrogáveis por

Para juntar procuração no caso de postulação para
104, § 1º mais 15 por despacho do
evitar ato urgente
juiz


 Para advogado que postula em causa própria para
regularizar petição inicial ou contestação que não
106, § 1º informa o seu endereço, seu número de inscrição 5 dias
na Ordem dos Advogados do Brasil e o nome da
sociedade de advogados da qual participa, para o
recebimento de intimações

Para permanecer com os autos (vista dos autos)

107, II 5 dias
como procurador (vide art. 234, § 2º)

Para permanecer com os autos fora de cartório nos

107, § 3º casos em que o prazo for comum, sem prejuízo da De 2 a 6 horas
continuidade do prazo

111, parágrafo Para a parte constituir novo procurador depois de

15 dias
único revogar o mandato do seu advogado

Prazo no qual o advogado fica responsável pelo

112, § 1º 10 dias
processo e continua mandante depois de renunciar

120 Impugnação do pedido de assistência 15 dias

30 dias; 2 meses se residir

131 e 131, Para que o réu providencie a citação dos
em outra comarca ou local
parágrafo único litisconsortes chamados ao processo
incerto

Para o sócio citado ou a pessoa jurídica citada

135 responder pedido de desconsideração de 15 dias
personalidade jurídica incidental

138 Intimação (amicus curiae) 15 dias

Para o juiz adotar providência que deva ordenar de

143 ofício ou a requerimento da parte sob pena de 10 dias
responder regressivamente por perdas e danos


 Para requerer impedimento ou suspeição a contar
146, § 1º 15 dias
do conhecimento do fato e para o juiz apresentar
suas razões

Para manifestação do MP, auxiliares da justiça e

148 demais sujeitos do processo nos casos de 15 dias
suspeição e impedimento dessas pessoas

Para servidor informar sobre preterição na ordem

153, § 4º cronológica de publicações e efetivação de 2 dias
pronunciamentos

Para a parte se manifestar sobre a proposta de

154, parágrafo
autocomposição tomada por oficial de justiça na 5 dias
único
realização de ato que lhe competir

Para perito escusar-se do encargo, contado da sua

157, § 1º 15 dias
intimação

De inabilitação de perito que, por decisão do juiz,

158 tiver agido com dolo ou culpa, inclusive prestando 2 a 5 anos
informações inverídicas

De impedimento do conciliador ou mediador de

172 1 ano
representar as partes dos processos que atuaram

Prazo de afastamento de conciliador com atuação

173, § 2º inadequada determinado pelo juiz coordenador do Até 180 dias
centro de conciliação ou pelo juiz do processo

Para intervenção do Ministério Público quando lhe

178 30 dias
competir

Para atender intimação de comparecimento sem

218, § 2º 48 horas
prazo expresso


218, § 3º Para prática de ato processual quando não houver 5 dias
prazo específico

Suspensão dos prazos processuais – férias Do dia 20 de dezembro ao

220
forenses dia 20 de janeiro, inclusive

De prorrogação da suspensão de prazos em

222 comarcas de difícil acesso (vide art. 313 – Até 2 meses
suspensão de prazos)

Para o juiz despachar, salvo motivo justificado (art.

226, I 5 dias
227)

Para o juiz prolatar decisão interlocutória, salvo

226, II 10 dias
motivo justificado (art. 227)

Para o juiz prolatar sentença, salvo motivo

226, III 30 dias
justificado (art. 227 – vide, também, o art. 366)

228 Para serventuário remeter os autos conclusos 1 dia

228 Para serventuário executar os atos processuais 5 dias

Para litisconsortes com procuradores distintos e de

escritórios de advocacia distintos (cessa a
229 Em dobro
contagem em dobro se apenas um apresentar
defesa). Não se aplica aos processos eletrônicos

Para advogado restituir autos depois de intimado,

234, § 2º sob pena de multa de ½ salário e perda do direito 3 dias
de vista fora do cartório

Para representado, juiz ou relator que exceder

235, § 1º prazos, se manifestar junto ao CNJ ou à 15 dias
Corregedoria do tribunal


 Para o corregedor do tribunal ou relator do CNJ
235, § 2º 48 horas
determinar a realização do ato, após o prazo para
manifestação do juiz ou relator

Prazo para juiz ou relator intimado praticar o ato

235, § 2º 10 dias
que deixou de praticar no prazo

Prazo para decisão pelo substituto legal do juiz ou

235, § 3º relator inerte depois de intimado pela corregedoria 10 dias
ou CNJ respectivamente

Para o autor tomar as providências aptas a

permitir a citação sob pena de perder a interrupção
240, § 2º 10 dias
da prescrição desde a propositura da ação (vide
art. 312)

Prazo em que fica impedida a citação de cônjuge,

244, II companheiro ou parente de pessoa morta, 7 dias
contados do falecimento

Prazo em que fica impedida a citação de cônjuge

244, III 3 dias
contados do dia do seu casamento

Para médico apresentar laudo que ateste

245, § 2º 5 dias
impossibilidade receber citação

Para escrivão ou chefe de secretaria remeter carta

254 10 dias
de ciência ao réu citado por edital

20 a 60 dias da primeira
257 Do edital no caso de citação por esta forma publicação, havendo mais
de uma

268 Para devolução de carta precatória cumprida 10 dias

Para recolhimento ou complemento das custas de

290 15 dias


 ingresso sob pena de cancelamento da distribuição
290 15 dias
e indeferimento da inicial

Para o autor fornecer os meios para citação do réu

302 depois de obter tutela provisória de urgência em 5 dias
caráter antecedente (cautelar ou antecipada)

Para o autor aditar a inicial depois de requerer

303, § 1º, I tutela antecipada antecedente, complementando a 15 dias
argumentação e documentação

Para emendar a inicial no caso de pedido de tutela

303, § 6º provisória antecipada antecedente negada sob 5 dias
pena de extinção sem resolução do mérito

Para requerer revisão de tutela antecipada

304, § 5º antecedente estabilizada, contado o prazo da 2 anos
ciência da decisão que extinguiu o processo

Para contestar pedido de tutela provisória cautelar

306 5 dias
antecedente

Para o juiz decidir no caso de pedido de tutela

307 provisória antecedente sem contestação pelo 5 dias
requerido

Para o autor de pedido de tutela de urgência

cautelar antecedente formular o pedido principal
308 nos próprios autos depois da efetivação da tutela 30 dias
cautelar (enquanto não efetivada não corre o
prazo), independentemente de novas custas

Para efetivação da tutela cautelar antecedente sob

309 30 dias
pena de cessação da eficácia

Para o autor providenciar citação do espólio ou dos


 herdeiros no caso de falecimento do réu (a critério
do juiz)

Para constituir novo mandatário no caso de morte

313, § 3º 15 dias
de advogado, contado da intimação do mandante

De suspensão do processo por convenção das

313, § 4º 6 meses
partes

De suspensão do processo em razão de questão

313, § 4º, e, 315, prejudicial, verificação de prazo, produção de
1 ano
§ 2º prova em outro processo ou que dependa de
apuração criminal

Para cessação do efeito da suspensão de processo

que dependa de apuração criminal no caso de a
315, § 1º 3 meses
ação penal não ter sido proposta, contados da
intimação da suspensão

Até a citação sem

consentimento do réu e até
329, I Para aditar ou alterar o pedido ou a causa de pedir
o saneamento com o
consentimento do réu

Para o réu se manifestar no caso de alteração da

329, II causa de pedir antes ou do pedido antes do 15 dias
saneamento

Para o juiz se retratar no caso de apelação da

331 5 dias
sentença de indeferimento da inicial

Para o juiz se retratar no caso de apelação da

332, § 3º sentença que julga improcedente o pedido 5 dias
liminarmente

Para contrarrazões ao recurso de apelação pelo

332, § 4º réu, após sua citação, no caso de julgamento 15 dias


 réu, após sua citação, no caso de julgamento
332, § 4º 15 dias
liminar de improcedência do pedido

Antecedência a ser observada pelo juiz para

334 30 dias
designação de audiência de conciliação

Antecedência exigida para citação do réu, antes da

334 20 dias
audiência

Prazo máximo entre uma audiência de conciliação

334, § 2º 2 meses
e outra

Para o autor indicar desinteresse na audiência de

334, § 5º conciliação (que se realizará mesmo assim, se o Na inicial
réu mostrar interesse)

Para o réu indicar desinteresse na audiência de

334, § 5º conciliação (ineficaz e inócuo se o autor mostrar 10 dias antes da audiência
interesse na inicial)

Contestação, contado o prazo da audiência de

conciliação ou da data do protocolo do pedido de
335 15 dias
cancelamento pelo réu ou na forma do art. 231 nos
demais casos

Para o autor emendar a inicial e, querendo,

substituir o réu ou acrescentar litisconsorte diante
338 e 339, § 2º da preliminar de ilegitimidade de parte tendo em 15 dias
vista não haver mais chamamento ao processo
como no direito anterior

343 Para o réu reconvir (na contestação) Da contestação

343, § 1º Contestação à reconvenção 15 dias

350 e 351 Réplica 15 dias


 Para pedir esclarecimentos e ajustes no
357 5 dias
saneamento e organização do processo

Para apresentação de razões finais quando não

houver debates orais em audiência e a causa 15 dias sucessivos ao autor,
364, § 2º
apresentar-se complexa, assegurada a vista dos réu e MP
autos

Para o juiz prolatar sentença, quando não o tiver

366 30 dias
feito em audiência (vide, também, o art. 226, II)

Para a parte responder pedido de exibição

398 5 dias
incidental de documentos

Para o terceiro citado responder na exibição

401 15 dias
incidental de documentos

Para o terceiro exibir documento ou coisa depois

403 5 dias
da decisão a esse respeito

Para arguição incidental de falsidade, quando não

deduzida na contestação ou na réplica em razão de
430 15 dias
documento novo, a partir da juntada do documento
nos autos

Para o arguido se manifestar sobre a arguição de

432 15 dias
falsidade

Para se manifestar sobre documento novo juntado

437, § 1º 15 dias
depois da inicial ou da contestação

Prazo para o advogado juntar aos autos cópia da

455, § 1º correspondência com AR da intimação da 3 dias antes da audiência
testemunha

Prazo para pagar as despesas de comparecimento

462 3 dias


 arbitradas pelo juiz a requerimento da testemunha

Arguição de impedimento ou suspeição do perito,

indicação de assistentes técnicos e apresentação
465, § 1º 15 dias
de quesitos, contados da intimação da nomeação
do perito

Para o perito apresentar proposta de honorários,

465, § 2º 5 dias
contados da ciência da nomeação

Para a parte se manifestar e, inclusive, impugnar a

465, § 3º 5 dias
proposta de honorários do perito (vide art. 95)

Para o perito comunicar as partes sobre as

466, § 2º 5 dias antes da realização
diligências e dos exames que irá realizar

Para o perito substituído restituir os honorários sob

468, § 2º 15 dias
pena de execução

De impedimento do perito substituído que não

468, § 2º 5 anos
restituir os honorários

Até 20 dias antes da

477 Para o perito protocolar o laudo
audiência

Para o perito esclarecer as impugnações das partes

477, § 2º 15 dias
e dos assistentes

Para o perito esclarecer pontos pendentes em

audiência. Obs.: os prazos do art. 477 não batem se Deve ser intimado 10 dias
477, § 4º
o perito apresentar o laudo 20 dias antes da antes da audiência
audiência

Para considerar negligência da parte na

485, II 1 ano
paralização e conseguinte extinção


 paralização e conseguinte extinção
485, II 1 ano

Para considerar abandono por ausência de

diligências que competem à parte e conseguinte
485, III extinção 30 dias

Para o juiz se retratar no caso de apelação da

485, § 7º 5 dias
sentença terminativa (sem resolução do mérito)

Para a parte informar, nos autos, a efetivação da

hipoteca com a apresentação da sentença
495, § 3º condenatória no Cartório de Registro de imóveis 15 dias
que é legal que independe de ordem judicial, a
partir da sua realização (registro na matrícula)

Para o requerido responder, depois da intimação

do seu advogado, sobre o pedido de liquidação
511 15 dias
pelo procedimento comum (prova de fato novo,
antiga liquidação por artigos)

Prazo para cumprimento espontâneo de título

judicial consistente em sentença penal
515, § 1º 15 dias
condenatória, sentença arbitral, sentença ou
decisão interlocutória estrangeira

Para o cartório fornecer certidão do teor da

517, § 2º 3 dias
sentença para protesto

Para o cartório expedir ofício determinando o

cancelamento do protesto da sentença
517, § 4º condenatória de pagamento de quantia certa 3 dias
depois do pagamento mediante determinação do
juiz a requerimento do executado

Para pagamento voluntário depois da intimação do


524, § 2º Para o contador do juízo apresentar laudo para Até 30 dias
conferência do valor por determinação do juiz

Para o executado, por determinação do juiz e a

requerimento do exequente, apresentar dados
524, § 4º adicionais sob pena de reputarem-se corretos os Até 30 dias
cálculos do exequente com os elementos de que
dispõe

Impugnação ao cumprimento de sentença

condenatória por quantia certa, 15 dias subsequentes aos
525 independentemente de penhora, garantia do juízo 15 dias para cumprimento
ou nova intimação (bastando aquela para voluntário
cumprimento voluntário)

Para o executado arguir questões relativas a fato

superveniente ao término do prazo para
apresentação da impugnação, assim como aquelas
525, § 11 15 dias
relativas à validade e à adequação da penhora, da
avaliação e dos atos executivos, contado da
comprovada ciência do fato ou da intimação do ato

Para o exequente impugnar o valor depositado

526, § 1º providenciado pelo executado antes de sua 5 dias
intimação para pagamento

Para cumprimento de sentença ou de decisão

interlocutória que determine pagamento de
528 pensão alimentícia ou justificação da 3 dias
impossibilidade, sob pena de prisão e protesto da
decisão (vide art. 517)

528, § 3º Prisão do devedor de alimentos 1 a 3 meses

Para a Fazenda Pública impugnar execução de

535 título judicial 30 dias


 535 Para a Fazenda Pública impugnar execução de 30 dias
título judicial

Para a Fazenda Pública depositar em banco oficial

535, § 3º, II da residência do exequente, valor decorrente de 2 meses
execução de pequeno valor

Para o credor manifestar recusa do depósito

539, § 1º consignatório extrajudicial da sua ciência por carta 10 dias
com AR

541 Para o consignante depositar as parcelas vincendas Até 5 dias do vencimento

Para o consignante depositar a coisa ou a quantia

542 se ainda não o tiver feito, contados do deferimento 5 dias
e sua intimação

Para o credor na ação consignatória, escolher o

543 5 dias
objeto devido quando lhe competir

Para o consignante complementar o depósito

545 inicial diante da alegação de insuficiência na 10 dias
contestação, contados da sua intimação

Para o réu prestar contas ou contestar o pedido da

550 15 dias
ação de exigir contas

Para o autor se manifestar sobre as contas

550, § 2º 15 dias
apresentadas

Para o condenado prestar as contas na sentença da

550, § 5º 15 dias
ação de exigir contas

Para o autor reintegrado ou mantido

provisoriamente na posse que carece de
559 5 dias
idoneidade financeira requerer caução sob pena de


 564 Para o réu da ação possessória contestar a ação 15 dias

Para o juiz designar audiência no conflito coletivo

565 Até 30 dias
pela posse, antes de decidir pela liminar

Para o autor executar a liminar contando desde a

565, § 1º 1 ano
data da distribuição

Para contestar na ação demarcatória (prazo

577 15 dias
comum)

Para se manifestar sobre o laudo do perito na ação

586 15 dias
demarcatória

Para os condôminos apresentarem seus títulos e

591 10 dias
formular pedido de quinhões

Para oitiva das partes sobre os títulos e pedidos de

592 15 dias
quinhões na ação divisória (prazo comum)

Para o juiz decidir sobre os pedidos e títulos na

592, § 2º 10 dias
ação divisória

Para ouvir as partes sobre o plano de divisão

596 15 dias
(prazo comum) na ação divisória

Para os demais sócios promoverem a alteração

contratual consensual depois do exercício do
600 10 dias
direito de retirada ou recesso, permitindo a este o
direito da ação de dissolução parcial de sociedade

Para concordância com o pedido ou contestação na

601 15 dias
ação de dissolução parcial de sociedade

Para instauração e término do inventário, contado 2 meses para o início e 12

611
o prazo da abertura da sucessão meses para o término


 617 Para o inventariante prestar compromisso 5 dias

Para o inventariante apresentar as primeiras

620 declarações contando o prazo da data em que 20 dias
prestou compromisso

Para o inventariante se defender do pedido de

623 15 dias
remoção

Para as partes se manifestarem sobre as primeiras

627 declarações (prazo comum depois das citações 15 dias
concluídas)

Pedido de admissão no inventário pelo herdeiro

628 preterido (sem prejuízo da ação de petição de Antes da partilha
herança)

Para ouvir as partes sobre a pretensão do preterido

628, § 1º 15 dias
requerente no inventário

Para a Fazenda Pública se manifestar, após a vista

629 das partes (art. 627), informando o valor dos bens 15 dias
constantes do seu cadastro

Para as partes se manifestarem sobre a avaliação

635 15 dias
no inventário (prazo comum)

Para ouvir as partes sobre as últimas declarações

637 15 dias
no inventário (prazo comum)

Para ouvir as partes sobre o cálculo do tributo no

638 5 dias
inventário (prazo comum)

Para trazer bens a colação no inventário,

639 coincidindo com o prazo para manifestação sobre 15 dias
as primeiras declarações


 Para trazer bens a colação no inventário,
639 coincidindo com o prazo para manifestação sobre 15 dias
as primeiras declarações

Para ouvir as partes no caso de negativa de

641 15 dias
colação (prazo comum)

Para as partes formularem pedido de quinhão na

647 15 dias
partilha (prazo comum)

Para as partes se manifestarem sobre o esboço de

652 15 dias
partilha

Para pedir anulação de partilha amigável contado,

no caso de coação, do dia em que ela cessou; no
657, parágrafo
caso de erro ou dolo, do dia em que se realizou o 1 ano
único
ato; quanto ao incapaz, do dia em que cessar a
incapacidade

Para o avaliador oferecer laudo em razão de

664 impugnação ao valor dos bens (inferiores a 1000 10 dias
salários-mínimos) no arrolamento

Para cessação dos efeitos da tutela provisória, não

proposta a ação, contada da intimação, do
668 30 dias
impugnante, herdeiro excluído ou credor não
admitido

Até 5 dias da adjudicação

Para propositura de embargos de terceiro,
675 alienação ou arrematação
enquanto não assinada a carta de arrematação
do bem

679 Para contestar embargos de terceiro 15 dias

Para os opostos contestarem o pedido na oposição

683, parágrafo
(distribuída por dependência), contados da citação 15 dias
único


 de habilitação em razão do falecimento das partes
690 5 dias

De antecedência da citação para a audiência nas

ações de família (processos contenciosos de
695, § 2º 15 dias
divórcio, separação, reconhecimento e extinção de
união estável, guarda, visitação e filiação)

Para o réu da ação monitória cumprir o mandado,

701 pagando ou cumprindo a obrigação com acréscimo 15 dias
de honorários de 5%

Para o autor da ação monitória responder os

702, § 5º 15 dias
embargos monitórios

Para o devedor pagar ou impugnar, na notificação

703, § 3º pelo notário na homologação do penhor legal pela 5 dias
via extrajudicial

Para impugnar a declaração de abertura de avaria

708, § 1º 10 dias
grossa

Para o regulador apresentar regulamento da avaria

grossa, contado o prazo da entrega dos
710 Até 12 meses
documentos pelas partes (cabendo dilação pelo
juiz)

710, § 1º Vista às partes (regulamento da avaria grossa) 15 dias

714 Contestação do pedido de restauração de autos 5 dias

Manifestação nos procedimentos de jurisdição

721 15 dias
voluntária

Para o juiz decidir nos procedimentos de jurisdição

723 voluntária 10 dias


 723 10 dias
Para o juiz decidir nos procedimentos de jurisdição
voluntária

Do edital para alteração do regime de bens do

734, § 1º 30 dias
casamento (prazo de antecedência)

Do edital no caso de arrecadação de bem vago

741 (prazo de permanência do eletrônico ou publicado 3 meses
3 vezes com intervalo de 1 mês)

Para habilitação de herdeiro no caso de

arrecadação de bem vago, prazo contado da
741 6 meses
primeira publicação – vide prazo de vacância, art.
1.820 do Código Civil – 1 ano e 743 do CPC

Para considerar a herança vacante, contado da

743 1 ano
primeira publicação de edital

Do edital reproduzido de 2 em 2 meses, de forma

745 eletrônica, na arrecadação de bens de ausentes 1 ano
(prazo de permanência)

Para o interditando impugnar o pedido, contado da

752 15 dias
entrevista (751)

Do edital da sentença de interdição (além da

755 publicação na imprensa 1 vez e no órgão oficial 3 6 meses
vezes com intervalos de 10 dias)

759 Para tutor ou curador prestarem compromisso 5 dias

Para o tutor ou curador se eximirem, contado o

760 prazo da intimação para prestar compromisso ou 5 dias
da data em que sobrevier o motivo da escusa

Para tutor ou curador contestarem a arguição de

761 5 dias


 Para tutor ou curador pedirem exoneração do
763, § 1º encargo depois da cessação da função pelo decurso 10 dias
de prazo

Para ratificar e apresentar ao juiz competente do

primeiro porto de chegada da embarcação, os
766 24 horas
protestos e processos testemunháveis formados a
bordo e lançados em livros diários de navegação

Para o terceiro adquirente impugnar pedido de

792, § 4º decretação de ineficácia da alienação em fraude à 15 dias
execução

Para o devedor exercer a escolha que lhe competir

800 na obrigação alternativa (salvo outro legal ou 10 dias
convencional)

801 Para emenda da inicial nas execuções 15 dias

Para o executado entregar coisa certa ou satisfazer

806 15 dias
a obrigação, contado o prazo da citação

Para a parte impugnar escolha feita pela outra na

812 execução para entrega de coisa certa decorrente 15 dias
de título extrajudicial

Para o juiz ouvir as partes (inclusive para o credor

impugnar) sobre a prestação realizada antes de
818 10 dias
extinguir a execução de título extrajudicial
consistente em obrigação de fazer

Para o exequente requerer autorização de

conclusão ou reparo da prestação realizada de
819 forma incompleta ou defeituosa na execução de 15 dias
obrigação de fazer decorrente de título executivo
extrajudicial


 único defeituosa na execução de obrigação de fazer
15 dias
decorrente de título executivo extrajudicial

Para o exequente exercer o direito de preferência

para realizar os reparos ou atividade na execução
820 5 dias
de título extrajudicial consistente em obrigação de
fazer, após a aprovação da proposta de terceiro

Prazo para pagamento voluntário na execução por

827 e 829 quantia certa de título extrajudicial a partir da 3 dias
citação

Para o exequente comunicar o juízo das

averbações que fez, a partir de sua concretização,
828, § 1º 10 dias
em razão da admissão da execução de título
extrajudicial

Para o exequente cancelar as averbações

828, § 2º incidentes sobre bens não penhorados, contado o 10 dias
prazo da penhora

Para o oficial de justiça procurar o executado por 2

830, § 1º vezes depois do arresto, antes da citação por hora 10 dias
certa

Para o executado requerer a substituição do bem

847 penhorado, contado o prazo da intimação da 10 dias
penhora

Para a parte se manifestar sobre qualquer pedido

853 3 dias
acerca de modificação da penhora

Para o juiz cancelar indisponibilidade excessiva no

854, § 1º caso de penhora eletrônica de ativos financeiros, 24 horas
prazo contado da resposta (igual prazo para a
instituição financeira comunicada)


 Para o juiz cancelar indisponibilidade excessiva no
854, § 1º caso de penhora eletrônica de ativos financeiros, 24 horas
prazo contado da resposta (igual prazo para a
instituição financeira comunicada)

Para o executado comprovar a impenhorabilidade

ou indisponibilidade excessiva de recursos na
854, § 3º 5 dias
penhora online, contado o prazo da intimação da
indisponibilidade

Para a instituição financeira acatar determinação

de cancelamento de indisponibilidade no caso de
854, §§ 4º e 6º penhora eletrônica de ativos financeiros em razão 24 horas
de pagamento, impenhoráveis ou remanescendo
excesso sob pena de perdas e danos (art. 854, § 8º)

Para a sociedade apresentar balanços e oferecer as

861 quotas aos demais sócios no caso de penhora de 3 meses
quotas de sociedade

Para o administrador-depositário nomeado no caso

de penhora sobre estabelecimento comercial,
862 industrial ou agrícola, bem como em semoventes, 10 dias
plantações ou edifícios em construção, apresentar
plano de administração

870 Para o avaliador apresentar o laudo na execução 10 dias

Para as partes apresentarem manifestação sobre a

872, § 2º proposta de desmembramento de imóvel 5 dias
penhorado que comporte divisão cômoda

Para lavratura do auto de adjudicação ao

exequente após a última intimação dos
877 5 dias
executados, desde que decididas eventuais
questões


 Para o leiloeiro público depositar o produto da
884, IV 1 dia
alienação

884, V Para o leiloeiro público prestar contas 2 dias

Pelo menos 5 dias antes do

887, § 1º Publicação do edital
leilão

Para cientificar o executado, titular de direito real Pelo menos 5 dias antes da
889
ou o coproprietário acerca da alienação judicial alienação

Para o credor que arremata, não havendo outros

892, § 1º 3 dias
credores, depositar eventual diferença

Prazo máximo de pagamento no caso de proposta

895 30 meses
a prazo para alienação do bem penhorado

De adiamento da alienação de imóvel que não

896 alcançar em leilão pelo menos oitenta por cento do 1 ano
valor da avaliação

Até a assinatura do auto de

902 Para o executado operar a remição do bem
arrematação

Para o interessado alegar invalidade ou ineficácia

903, § 2º da arrematação, contado o prazo do seu 10 dias
aperfeiçoamento

Para o arrematante desistir da arrematação nas

903, § 5º 10 dias
hipóteses legais, contado o prazo da sua realização

910 Para a Fazenda Pública opor embargos na 30 dias

execução fundada em título extrajudicial


 execução fundada em título extrajudicial
910 30 dias

Para o executado de prestação alimentícia

911 decorrente de título extrajudicial pagar 3 dias

Para os embargos à execução, contado o prazo na

forma do art. 231, contado o prazo da juntada do
comprovante de citação (prazos independentes,
915 15 dias
mesmo que haja outros executados ainda não
citados, salvo cônjuge ou companheiros, cujo prazo
se inicia depois da citação do outro)

Para o exequente se manifestar sobre o pedido de

916, § 1º parcelamento na execução por quantia certa de 5 dias
título extrajudicial

Para o executado impugnar e deduzir incorreção da

917, § 1º 15 dias
penhora ou da avaliação, por simples petição

Para resposta do exequente sobre os embargos à

920 15 dias
execução de título extrajudicial

Para o exequente requerer adjudicação ou indicar

outros bens do executado no caso de não haver
921, IV 15 dias
licitantes dos bens penhorados, sob pena de
suspensão da execução

Prazo de suspensão da execução antes do

arquivamento (não corre a prescrição durante a
921, § 1º 1 ano
suspensão, mas, arquivado o processo, corre a
intercorrente)

Para as partes se manifestarem sobre prescrição

921, § 5º 15 dias
depois de intimadas pelo juiz, inclusive de ofício


 5 dias
932, parágrafo Para o recorrente sanar vício depois de intimado,
único antes da inadmissão do recurso

Para as partes, nos recursos, se manifestarem

933 sobre questões supervenientes à decisão recorrida 5 dias
ou questão apreciável de ofício

Precedência mínima de publicação da pauta, antes

935 5 dias
da sessão de julgamento

940 Vista dos autos pelos julgadores nos recursos Máximo de 10 dias

Para publicação da ementa depois de lavrado o

943, § 2º 10 dias
acórdão

Para se considerar as notas taquigráficas em

944 30 dias
substituição no caso de não publicação do acórdão

Para a parte apresentar manifestação discordante

do julgamento eletrônico do recurso e apresentar
945, § 2º 5 dias
memoriais, contado o prazo da intimação do
julgamento por este meio

Para o MP se manifestar sobre o conflito negativo

956 5 dias
de competência

De 15 a 30 dias a critério do
970 Para contestar ação rescisória
relator

Para devolução dos autos remetidos para

cumprimento de diligências para produção de
972 De 1 a 3 meses
provas em primeiro grau no caso de ação
rescisória, prazo fixado pelo relator

Para apresentar razões finais na ação rescisória

973 10 dias
(prazo sucessivo para o autor e para o réu)


 Prazo para descoberta de prova nova disparando, a
partir dela, a contagem do prazo inicial da
975, § 2º 5 anos
rescisória desta descoberta e não do trânsito em
julgado (vide art. 966, VII)

Para julgamento do incidente de demandas

980 1 ano
repetitivas

Para o MP se manifestar e o órgão em cujo

982, II e III processo tramita prestar informação após a 15 dias
admissão de incidente de demanda repetitiva

Para as partes e demais interessados se

983 15 dias
manifestarem no incidente de demanda repetitiva

Antecedência para o interessado se inscrever para

984, II, “b” sustentação oral no incidente de demanda 2 dias
repetitiva

Para a autoridade do ato impugnado prestar

989, I 10 dias
informações na reclamação

Para o beneficiário da decisão objeto de

989, III reclamação contestar o pedido contado o prazo da 15 dias
sua citação

De vista pelo MP para oferecer contestação, após o

991 decurso do prazo de 10 dias para a autoridade 5 dias
prestar informações na reclamação

1.003, § 5º Para interpor os recursos e oferecer contrarrazões 15 dias

1.006 Para baixa dos autos após o trânsito em julgado 5 dias

Para o recorrente corrigir a insuficiência de preparo

1.007, § 2º ou porte de remessa e retorno (este só no processo 5 dias


1.003, § 5º Para interpor os recursos e oferecer contrarrazões 15 dias

1.006 Para baixa dos autos após o trânsito em julgado 5 dias

Para o recorrente corrigir a insuficiência de preparo

1.007, § 2º ou porte de remessa e retorno (este só no processo 5 dias
físico)

Para o recorrente sanar vício decorrente do

1.007, § 7º equívoco no preenchimento gerador de dúvida no 5 dias
recolhimento

Para a parte contrária se manifestar sobre a

suscitação de questões que não comportaram
agravo na fase de conhecimento (e que não estão
1.009, § 2º 15 dias
abarcadas pela preclusão), deduzidas nas
contrarrazões (se deduzidas na contestação, são
enfrentadas pelo apelado nas contrarrazões)

Para as contrarrazões do recurso de apelação (vide

1.010, § 1º 15 dias
art. 1.003, § 5º)

Para juntar em primeiro grau cópia do agravo,

1.018, § 2º contado o prazo da interposição do recurso 3 dias
(faculdade)

Para o relator atribuir efeito suspensivo ao agravo

1.019 5 dias
ou antecipar a tutela recursal, comunicando o juízo

Para o agravado apresentar contrarrazões ao

1.019, II 15 dias
agravo de instrumento (vide art. 1.003, § 5º)

Para o agravado apresentar contrarrazões ao

1.021, § 2º 15 dias
agravo de instrumento (vide art. 1.003, § 5º)

1.023 Para opor embargos de declaração 5 dias


 manifestar-se sobre os embargos de declaração no
1.023, § 2º 5 dias
caso em que eventual acolhimento implique
modificação da decisão (efeito infringente ou
modificativo)

1.024 Para o juiz julgar embargos de declaração 5 dias

Para o embargante complementar as razões de

1.024, § 3º embargos de declaração convertidos em agravo 5 dias
interno

Para o embargado alterar ou complementar as

razões de eventual recurso interposto no caso de
1.024, § 4º 15 dias
modificação da decisão recorrida nos embargos de
declaração

1.028, § 2º Para as contrarrazões ao recurso ordinário 15 dias

Para as contrarrazões aos recursos especial e

1.030 15 dias
extraordinário

Para que o recorrente demonstre a questão

constitucional e a repercussão geral, no caso de
1.032 recurso especial em que o relator entender a 15 dias
natureza constitucional da questão tratada no
recurso

Para o recorrente se manifestar sobre

requerimento de inadmissão e exclusão do
1.035, § 6º sobrestamento de recurso extraordinário 5 dias
intempestivo com repercussão geral reconhecida
em outro (vide art. 1.042)

Para julgamento de recurso extraordinário com

repercussão geral reconhecida sob pena de
1.035, § 9º retomada do curso dos processos suspensos (art. 1 ano
1.035, § 10)


 Para julgamento de recurso extraordinário com
1.035, § 9º repercussão geral reconhecida sob pena de 1 ano
retomada do curso dos processos suspensos (art.
1.035, § 10)

Para o recorrente se manifestar sobre

requerimento de inadmissão e exclusão do
1.036, § 2º sobrestamento de recurso especial intempestivo 5 dias
afetado à sistemática de recursos repetitivos (vide
art. 1.042)

Para julgamento de recursos extraordinário ou

1.037, § 4º especial afetados, sob pena de retomada do curso 1 ano
dos processos suspensos (art. 1.037, § 5º)

Para o recorrido se manifestar sobre o pedido do

recorrente, em recurso especial afetado à
sistemática de recursos repetitivos, de
1.037, § 11 prosseguimento do julgamento por ausência de 5 dias
paralelismo – vide art. 1.037, § 9º. Da decisão
cabe agravo de instrumento ou agravo interno (art.
1.037, § 13)

Para o tribunal inferior prestar informações sobre a

1.038, § 1º controvérsia que envolve recursos repetitivos e 15 dias
para o MP se manifestar

Para contrarrazões de agravo em recurso especial

1.042, § 3º 15 dias
ou extraordinário

Vacatio legis – O Código de Processo Civil, Lei

13.105 de 16 de março de 2015, foi publicado no
dia 17 de março de 2015. A Lei Complementar
95/98 determina a contagem considerando o dia
1.045 1 ano
de início correspondente ao do final da vacatio
legis. O início da vigência é, nesses termos, o dia
posterior à consumação integral do prazo, ou seja,


 Prazo para cadastro perante o tribunal em que 30 dias contados da entrada
1.050 atuem, de empresas públicas e privadas (exceto em vigor do NCPC –
microempresas e empresas de pequeno porte) 18/03/2016
para fins de citações e intimações (vide art. 146, §
2º)

Para qualquer agravo previsto em regimento de

1.070 15 dias
tribunal ou em lei

Acrescenta o art. 216-A na Lei de Registros

Públicos (art. 216-A, §§ 2º 3º e 4º). Para a União,
Estado, Município e DF se manifestarem e,
também, para que titulares de direitos reais que
1.071 15 dias
não assinaram pedido de usucapião extrajudicial,
manifestem consentimento expresso junto ao
Oficial de Registro de Imóveis. Inclusive prazo do
edital para manifestação de interessados


 1.1. PROCURAÇÃO

3URFXUDomR
28725*$17(6  GRPLFLOLDGRV QD  FRP R VHJXLQWH
HQGHUHoRHOHWU{QLFR
28725*$'26  H  PHPEURV GD  6RFLHGDGH GH
$GYRJDGRV LQVFULWD QR &13- VRE Q  WRGRV FRP HVFULWyULR 
RQGHUHFHEHPLQIRUPDo}HVHQRWLILFDo}HV
32'(5(61RVWHUPRVGRDUWGR&yGLJRGH3URFHVVR&LYLORV
FRQWLGRV QD FOiXVXOD ³DG MXGLFLD HW H[WUD´ SDUD HP QRPH GR
RXWRUJDQWH HP TXDOTXHU -Xt]R ,QVWkQFLD RX 7ULEXQDO RX IRUD GHOHV
GHIHQGHU VHXV LQWHUHVVHV SRGHQGR SURSRU FRQWUD TXHP GH GLUHLWR DV
Do}HV FRPSHWHQWHV H GHIHQGHU RV LQWHUHVVHV GD RXWRUJDQWH QDV
FRQWUiULDV VHJXLQGR XPDV H RXWUDV DWp ILQDO GHFLVmR XVDQGR GRV
UHFXUVRV OHJDLV H DFRPSDQKDQGRRV FRQIHULQGROKHV DLQGD SRGHUHV
HVSHFLDLV SDUD FRQIHVVDU GHVLVWLU WUDQVLJLU ILUPDU FRPSURPLVVRV RX
DFRUGRV UHFHEHU H GDU TXLWDomR UHFRQKHFHU SURFHGrQFLD GH SHGLGR
UHQXQFLDU D GLUHLWR QR TXDO VH IXQGD DomR DJLQGR HP FRQMXQWR RX
VHSDUDGDPHQWH SRGHQGR DLQGD VXEVWDEHOHFHU HVWD HP RXWUHP FRP
RX VHP UHVHUYDV GH LJXDLV SRGHUHV GDQGR WXGR SRU ERP ILUPH H
YDOLRVRHPHVSHFLDOSDUD
'DWD
$VVLQDWXUDGRVRXWRUJDQWHVHGRVRXWRUJDGRV

1.2. CONTRATO DE HONORÁRIOS

&RQWUDWRGHKRQRUiULRVDGYRFDWtFLRV


 3HORSUHVHQWHLQVWUXPHQWRSDUWLFXODUGH&RQWUDWRGH+RQRUiULRVTXH
ID]HPUHSUHVHQWDGDSHORVHXVyFLRDGYRJDGRFRPHVFULWyULR
SURILVVLRQDO QD  GRUDYDQWH GHQRPLQDGD FRQWUDWDGD H GH RXWUR
ODGR  GRUDYDQWH GHQRPLQDGR DSHQDV ³FRQWUDWDQWH´ WHP HQWUH VL
MXVWRHFRQWUDWDGRRVHJXLQWH
 2V VyFLRV GD FRQWUDWDGD H RV DGYRJDGRV SRU HOD LQGLFDGRV
SUHVWDUmRVHUYLoRVGH
 2 FRQWUDWDQWH SDJDUi j FRQWUDWDGD D WtWXOR GH KRQRUiULRV SHORV
VHUYLoRV SUHVWDGRV LQGHSHQGHQWHPHQWH GR r[LWR RV VHJXLQWHV
YDORUHV

 1mR VH FRPSUHHQGH QDV TXDQWLDV DFLPD HVWLSXODGDV TXDLVTXHU
GHVSHVDVMXGLFLDLVRXH[WUDVWDLVFRPRFXVWDVSURFHVVXDLVKRQRUiULRV
GH WHUFHLURV SHULWRV FiOFXORV HWF H GHVSHVDV GH YLDJHP TXDQGR
QHFHVViULDV GHL[DQGR QHVWH DWR R FRQWUDWDQWH XP GHSyVLWR GH 5
DWtWXORGHDGLDQWDPHQWRGHVVDVGHVSHVDV
 2 FRQWUDWDQWH VHUi REULJDGR D IRUQHFHU QXPHUiULR QHFHVViULR
SDUDDVDWLVIDomRGDVUHIHULGDVGHVSHVDVGHPRGRDQmRLQWHUURPSHU
R DQGDPHQWR GR SURFHVVR TXDQGR IRU R FDVR RX GRV WUDEDOKRV
H[WUDMXGLFLDLV H QmR R ID]HQGR ILFD D FRQWUDWDGD LVHQWD GH TXDOTXHU
UHVSRQVDELOLGDGHSHODGHPRUDRXLQWHUUXSomRTXHGHODUHVXOWH
$FRQWUDWDGDWHUiGLUHLWRDRVKRQRUiULRVHVWDEHOHFLGRVQDFOiXVXOD
VHJXQGD VH R FRQWUDWDQWH UHWLUDU R PDQGDWR DQWHV GH WHUPLQDGD D
FDXVDRXWUDQVLJLUGHTXDOTXHUIRUPDFRPDSDUWHFRQWUiULDLPSHGLQGR
R VHJXLPHQWR GR IHLWR TXDQGR VH WUDWDU GH SUHVWDomR GH VHUYLoR
FRQWHQFLRVRMXGLFLDO
7HQGRHPYLVWDRDUW9GR&yGLJRGH3URFHVVR&LYLOFDVRR
FRQWUDWDQWHFRQVXOWHRSURFHVVRHOHWU{QLFRVHREULJDLPHGLDWDPHQWHD
DYLVDU D FRQWUDWDGD SDUD TXH DV SURYLGrQFLDV SURFHVVXDLV VHMDP
WRPDGDV UHVSRQGHQGR FDVR FRQWUiULR SHOD VXD RPLVVmR WHQGR HP
YLVWDTXHVHFRQVLGHUDUiLQWLPDGRDSDUWLUGDFRQVXOWDTXHIL]HU
 2 FRQWUDWDQWH VH REULJD D LQIRUPDU D FRQWUDWDGD LPHGLDWDPHQWH
SRU HVFULWR VXD HYHQWXDO DOWHUDomR GH HQGHUHoR LQFOXVLYH HOHWU{QLFR
DXWRUL]DQGRDLQIRUPDomRGHVVDDXWRUL]DomRQRVDXWRV


  (YHQWXDLV KRQRUiULRV FREUDGRV GD SDUWH FRQWUiULD GH
VXFXPErQFLD RX QmR SHUWHQFHUmR j FRQWUDWDGD H LQGHSHQGHP GRV
KRQRUiULRVRUDFRQWUDWDGRV
( SRU HVWDUHP DVVLP MXVWRV FRQWUDWDGRV DVVLQDP R SUHVHQWH
FRQWUDWR HP GXSOLFDWD QD SUHVHQoD GH GXDV WHVWHPXQKDV ILFDQGR
FDGDXPDGDVSDUWHVFRPXPH[HPSODUSDUDRVGHYLGRVILQV
'DWD
&RQWUDWDGD
&RQWUDWDQWH
7HVWHPXQKDV


 2.1. PEDIDO DE ASSISTÊNCIA

([PR6U'U-XL]GH'LUHLWRGD
3URFHVVRQ
3DUWHV
$XWRU
5pX
SRUVHXVSURFXUDGRUHVGRFXPHQWRYHPUHVSHLWRVDPHQWHD
SUHVHQoDGH9RVVD([FHOrQFLDUHTXHUHUDVXDDGPLVVmRQRSURFHVVR
QDTXDOLGDGHGH
$VVLVWHQWH
R TXH ID] FRP IXQGDPHQWR QR DUW  H VHJXLQWHV GR &yGLJR GH
3URFHVVR &LYLO H SHORV DUJXPHQWRV GH IDWR H GH GLUHLWR D VHJXLU
DGX]LGRV
7UDWDVH GH DomR GHFODUDWyULD GH LQH[LJLELOLGDGH GH GpELWR ILVFDO
SURPRYLGD SHOD DXWRUD FRQVWUXWRUD GR HPSUHHQGLPHQWR QR TXDO R
UHTXHUHQWHDGTXLULXXQLGDGHFRQGRPLQLDOGRFXPHQWR
,VWRSRUTXHGLVFXWHPDVSDUWHVDLQFRUUHomRGRYDORUGR,PSRVWRGH
3URSULHGDGH 7HUULWRULDO 8UEDQR GR WHUUHQR QR TXDO DR ILQDO D DXWRUD
LQFRUSRURXHYHQGHXDVXQLGDGHV
(YLGHQWHPHQWHTXHRUHVXOWDGRGDGHPDQGDDWLQJLUiRUHTXHUHQWHR
TXHSRUVLVyMXVWLILFDRSHGLGRGHDVVLVWrQFLD
,VWRSRVWRVHUYHRSUHVHQWHSDUDUHTXHUHU
D D LQWLPDomR GDV SDUWHV SDUD PDQLIHVWDomR DFHUFD GR SUHVHQWH
SHGLGRGHDVVLVWrQFLDQRSUD]ROHJDOGHTXLQ]HGLDVGRDUWGR
&yGLJRGH3URFHVVR&LYLO
ETXHDRILQDOFRPRXVHPLPSXJQDomRDGPLWD9RVVD([FHOrQFLD


RLQJUHVVRGRUHTXHUHQWHQDTXDOLGDGHGHDVVLVWHQWH
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%63

2.2. DENUNCIAÇÃO DA LIDE EM EMBARGOS DE TERCEIRO

([PR6U'U-XL]GH'LUHLWRGD
(PEDUJRVGHWHUFHLURFRPGHQXQFLDomRGDOLGH
'HQXQFLDGD
5HTXHU DSUHFLDomR SUHOLPLQDU GR SHGLGR GH FLWDomR GD GHQXQFLDGD
QRVWHUPRVGRDUWGR&3&
'LVWULEXLomRSGHSHQGrQFLDDR3URFHVVRQž
SRUVHXVSURFXUDGRUHVGRFXPHQWRV HFRPHVFULWyULRQR
HQGHUHoR DFLPD YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD
RSRUHPIDFHGHRVSUHVHQWHV
(PEDUJRVGHWHUFHLUR
R TXH ID] FRP VXSHGkQHR QR DUW  H VHJXLQWHV GR &yGLJR GH
3URFHVVR&LYLOSHORVIDWRVHIXQGDPHQWRVMXUtGLFRVDVHJXLUH[SRVWRV
5HVXPR
2EMHWR ,PyYHO REMHWR GD PDWUtFXOD Qž  MXQWR DR 2ILFLDO GH
5HJLVWURGH,PyYHLVGD&RPDUFDGH&RWLD±63
(PEDUJDQWH
(PEDUJDGR
'DWDGDDTXLVLomRGRREMHWRGRVHPEDUJRV
'DWDGRFRQWUDWRTXHJHURXDDomRGHFREUDQoD
'DWDGDFRQVWULomRMXGLFLDO
,±)DWRV
$ (PEDUJDQWH WRPRX FRQKHFLPHQWR GH TXH QRV DXWRV GD DomR
RUGLQiULD GH FREUDQoD 3URFHVVR  SURPRYLGD SRU  HP IDFH GH


 TXH VH SURFHVVD SHUDQWH HVVD 00 -Xt]R H 5 &DUWyULR RUD HP
IDVH GH H[HFXomR IRL SHQKRUDGR R LPyYHO ORFDOL]DGR  GRFXPHQWR

(QWUHWDQWRQDGDREVWDQWHRLPyYHOFRQVWHHPQRPHGRUpXGDTXHOD
DomR MXQWR DR RItFLR GH 5HJLVWUR GH ,PyYHLV FRQIRUPH VH YHULILFD GD
FySLD GD PDWUtFXOD GRFXPHQWR  FHUWR p TXH D HPEDUJDQWH p
SURPLWHQWHFRPSUDGRUDSRU,QVWUXPHQWR3DUWLFXODUGH&RPSURPLVVRGH
&RPSUD H 9HQGD ILUPDGR HP  VHP UHJLVWUR PDV FRP DV ILUPDV
GHYLGDPHQWHUHFRQKHFLGDVGRFXPHQWR
2UDRFUpGLWRGRHPEDUJDGRGHFRUUHGHFRQWUDWRILUPDGRQRGLD
PXLWRGHSRLVGDDTXLVLomRGDSRVVHHGDDVVLQDWXUDGR&RPSURPLVVR
GH&RPSUDH9HQGDSHODHPEDUJDQWH
&XPSUH HVFODUHFHU D 9RVVD ([FHOrQFLD TXH D SHQKRUD Vy IRL
GHIHULGDSRUHVVH00-Xt]RHPIDFHGDVLQIRUPDo}HVSUHVWDGDVSHOR
(PEDUJDGR TXH DWUDYpV GD SHWLomR GH IOV  LQIRUPRX WHU ORJUDGR
HQFRQWUDU XP LPyYHO HP QRPH GD H[HFXWDGD R TXH DILUPRX SRU
GHVFRQKHFHUDSURPHVVDGHFRPSUDHYHQGDILUPDGDHQWUHDVSDUWHV
$QWHDVLQIRUPDo}HVSUHVWDGDVjIOVDSHQKRUDIRLHIHWLYDGDHP
FXPSULPHQWR DR 0DQGDGR Qž  H[SHGLGR SRU HVVH 00 -Xt]R HP
GRFXPHQWR
$ WHRU GR TXH GLVS}H D 6~PXOD  GR 67- R GLUHLWR SHVVRDO
UHSUHVHQWDGR SHOD SURPHVVD GH FRPSUD H YHQGD VHP UHJLVWUR SRGH
VHU FRQWUDSRVWR FRP VXFHVVR D RXWUR GLUHLWR SHVVRDO TXH OKH VHMD
SRVWHULRUFRPRpRFDVRGRFUpGLWRGRHPEDUJDGR
eYHUGDGHTXHQmRHUDPDGPLWLGRVHPEDUJRVGHWHUFHLURQRFDVRGH
SURPHVVD GH FRPSUD H YHQGD VHP UHJLVWUR 6~PXOD  GR 67)
PHVPRHPIDFHGHRXWURGLUHLWRSHVVRDOTXHHQVHMDYDSHQKRUD
(QWUHPHQWHV D GLVWRUomR IRL FRUULJLGD Ki PXLWR SHOR 6XSHULRU
7ULEXQDOGH-XVWLoDDSDUWLUGHVXDFULDomRLQFOXVLYHFRPDHGLomRGD
6~PXOD

³3URFHVVXDO FLYLO ± HPEDUJRV GH WHUFHLUR ± FRQWUDWR GH SURPHVVD GH

FRPSUDHYHQGDQmRLQVFULWRQRUHJLVWURGHLPyYHO±SRVVH±SHQKRUD±
H[HFXomR ±  ± ,QH[LVWHQWH IUDXGH HQFRQWUDQGRVH RV UHFRUULGRV QD
SRVVH PDQVD H SDFtILFD GR LPyYHO HVWmR OHJLWLPDGRV QD TXDOLGDGH GH


 SRVVXLGRUHV D RSRU HPEDUJRV GH WHUFHLUR FRP EDVH HP FRQWUDWR GH
FRPSUD H YHQGD QmR LQVFULWR QR UHJLVWUR GH LPyYHO SDUD SOHLWHDU D
H[FOXVmRGREHPREMHWRGDSHQKRUDQRSURFHVVRGHH[HFXomRRQGHQmR
HUDP SDUWH  ± SUHFHGHQWHV GR 6XSHULRU 7ULEXQDO GH -XVWLoD ,, ±
5HFXUVRFRQKHFLGRSHODOHWUD³F´GRSHUPLVVLYRFRQVWLWXFLRQDODTXDOVH
QHJD SURYLPHQWR´ 3URFHVVR Qž  ± 5HFXUVR (VSHFLDO ±
RULJHP 7DXEDWp ±  7XUPD ± MXOJDPHQWR  ± UHODWRU 0LQ
:DOGHPDU=YHLWHU±GHFLVmRXQkQLPH
³3URFHVVXDO &LYLO (PEDUJRV GH 7HUFHLUR $ MXULVSUXGrQFLD GH DPEDV DV
7XUPDV FRPSRQHQWHV GD 6HJXQGD 6HomR GR 6XSHULRU 7ULEXQDO GH
-XVWLoD DIDVWDQGR D UHVWULomR LPSRVWD SHOR (QXQFLDGR GD 6~PXOD Qž
67)QRUWHRXVHQRVHQWLGRGHDGPLWLURSURFHVVDPHQWRGHDomRGH
HPEDUJRV GH WHUFHLUR IXQGDGR HP FRPSURPLVVR GH FRPSUD H YHQGD
GHVSURYLGR GH UHJLVWUR LPRELOLiULR 5(VS Qž  UHO 0LQLVWUR :DOGHPDU
=YHLWHU 5(VS Qž  UHO 0LQLVWUR (GXDUGR 5LEHLUR 5(VS Qž  UHO
0LQLVWUR 6iOYLR GH )LJXHLUHGR 5(VS Qž  UHO 0LQLVWUR )RQWHV GH
$OHQFDU5(VSQžHGHTXHIXL5HODWRU5HODWRU0LQLVWUR%XHQR
GH6RX]D'-GHS567-YROS567-YRO
 S ´ 5HFXUVR (VSHFLDO Qž  ± 'HFLVmR SRU
XQDQLPLGDGH FRQKHFHU GR UHFXUVR PDV QHJDUOKH SURYLPHQWR 
7XUPD
³3URFHVVXDO FLYLO (PEDUJRV GH WHUFHLUR ([HFXomR ILVFDO )UDXGH
&RQWUDWR GH SURPHVVD GH FRPSUD H YHQGD 7HUFHLUR GH ERDIp
3UHFHGHQWHV 1mR Ki IUDXGH j H[HFXomR TXDQGR QR PRPHQWR GR
FRPSURPLVVR SDUWLFXODU QmR H[LVWLD D FRQVWULomR PHUHFHQGR VHU
SURWHJLGR R GLUHLWR SHVVRDO GRV SURPLVViULRVFRPSUDGRUHV +i GH VH
SUHVWLJLDURWHUFHLURSRVVXLGRUHDGTXLUHQWHGHERDIpTXDQGRDSHQKRUD
UHFDLU VREUH LPyYHO REMHWR GH H[HFXomR QmR PDLV SHUWHQFHQWH DR
GHYHGRUXPDYH]TXHKRXYHDWUDQVIHUrQFLDHPERUDVHPRULJRUIRUPDO
H[LJLGR 1D HVWHLUD GH SUHFHGHQWHV GD &RUWH RV HPEDUJRV GH WHUFHLUR
SRGHP VHU RSRVWRV DLQGD TXH R FRPSURPLVVR SDUWLFXODU QmR HVWHMD
GHYLGDPHQWHUHJLVWUDGR5HFXUVR(VSHFLDOFRQKHFLGRSRUpPLPSURYLGR
5HODWRU 0LQLVWUR -RVp 'HOJDGR '- GH  S ´ 5HFXUVR
(VSHFLDO Qž 0* ± 'HFLVmR SRU XQDQLPLGDGH QHJDU SURYLPHQWR
DRUHFXUVR±'DWDGDGHFLVmR±7XUPD

$VVLP FRPR VH SURYD SRU LQWHUPpGLR GRV GRFXPHQWRV DQH[RV D

SRVVHGREHPSHQKRUDGRIRLDGTXLULGDDQWHULRUPHQWHDRSUySULRGLUHLWR
GRHPEDUJDGREHPFRPRjDomRHFRQVWULomRGHWHUPLQDGDSRUHVVH


00-Xt]R
3RUWDQWRFRPSURYDGRVVHDFKDPGRFXPHQWDOPHQWHDSURSULHGDGH
DSRVVHHRDWRGHFRQVWULomRMXGLFLDO
$YLROrQFLDVRIULGDSHOD(PEDUJDQWHpHYLGHQWHUD]mRSRUTXHQmR
SDUWLFLSD HP KLSyWHVH DOJXPD GD DomR GH FREUDQoD SURSRVWD SHOR
HPEDUJDGRHVXDFRQVHTXHQWHH[HFXomRVHQGRFDEtYHOSRUWDQWRRV
SUHVHQWHVHPEDUJRVSDUDH[FOXLUREHPGDSHQKRUD
,,±'LUHLWR
eSULQFtSLRJHUDOGHGLUHLWRTXHDSHQKRUDGHYDUHFDLUWmRVRPHQWH
HPEHQVGRH[HFXWDGRRXVHMDGDTXHOHFRQWUDTXHPDVHQWHQoDRX
REULJDomRpH[HTXtYHOGHYHQGRVHUUHVSHLWDGRVSRUWDQWRRVGLUHLWRV
GHSURSULHGDGHRXSRVVHGHRXWUHP
(PFRQVRQkQFLDFRPRDFDWDGRRDUWHVHJXLQWHVGR&yGLJR
GH 3URFHVVR &LYLO GHIHUH WXWHOD DWUDYpV GRV (PEDUJRV GH 7HUFHLUR
jTXHOHTXHQmRVHQGRSDUWHQRSURFHVVRVRIUHWXUEDomRRXHVEXOKR
QDSRVVHGHVHXVEHQVSRUDWRGHDSUHHQVmRMXGLFLDO
3RUWDQWRWHQGRHPYLVWDTXHQmRKDYLDTXDOTXHUFRQVWULomRRXDomR
TXDQGRGDSURPHVVDGHFRPSUDHYHQGDDSOLFDPVHDVV~PXODVH
GR6XSHULRU7ULEXQDOGH-XVWLoD

³6~PXOD  67- e DGPLVVtYHO D RSRVLomR GH HPEDUJRV GH WHUFHLUR

IXQGDGRV HP DOHJDomR GH SRVVH DGYLQGD GR FRPSURPLVVR GH FRPSUD H
YHQGDGHLPyYHODLQGDTXHGHVSURYLGRGRUHJLVWUR´
³6~PXOD67-2UHFRQKHFLPHQWRGDIUDXGHjH[HFXomRGHSHQGHGR
UHJLVWUR GD SHQKRUD GR EHP DOLHQDGR RX GD SURYD GH PiIp GR WHUFHLUR
DGTXLUHQWH´

1HVVHVHQWLGR

³$JUDYR GH LQVWUXPHQWR ± DomR FLYLO S~EOLFD LQGLVSRQLELOLGDGH GH EHQV ±

HPEDUJRVGHWHUFHLUR$ERDIpVHSUHVXPHGLIHUHQWHPHQWHGDPi
IpTXHGHYHVHUFRPSURYDGD$DXVrQFLDGHUHJLVWURGRFRPSURPLVVRGH
FRPSUD H YHQGD QmR WHP R FRQGmR GH DIDVWDU R GLUHLWR GH WHUFHLUR GH
ERDIp $SOLFDELOLGDGH GDV V~PXODV  H  GR 6XSHULRU 7ULEXQDO GH
-XVWLoD -XOJDPHQWR ILQDO SURIHULGR QR DJUDYR GH LQVWUXPHQWR
DQWHULRUPHQWH LQWHUSRVWR QRV DXWRV GD DomR FLYLO S~EOLFD TXH DIDVWD D


 SUHWHQVmR UHFXUVDO GR yUJmR PLQLVWHULDO SRU SHUGD GR REMHWR GRV
HPEDUJRV GH WHUFHLUR 5HFXUVR SUHMXGLFDGR´ 7-63 5HODWRU -RVp /XL]
*HUPDQR ± &RPDUFD 3UDLD *UDQGH ± ÏUJmR MXOJDGRU  &kPDUD GH
'LUHLWR 3~EOLFR ± 'DWD GR MXOJDPHQWR  ± 'DWD GH UHJLVWUR

,,,±'HQXQFLDomRGDOLGH&3&DUW,
7HQGRHPYLVWDTXHRLPyYHOGRVHPEDUJDQWHVOKHVIRLDOLHQDGRSRU
TXDOLILFDomRFRPSOHWDGRGHQXQFLDGRpPLVWHUDGHQXQFLDomRGD
OLGH REWHQGRVH RUGHP MXGLFLiULD SDUD TXH D GHQXQFLDGD VHMD FLWDGD
SDUDLQWHJUDURSURFHVVR
,VWRSRUTXHQRVWHUPRVGRDUW,GR&3&DGHQXQFLDomRGDOLGH
p PHGLGD TXH VH LPS}H SDUD TXH QR FDVR GH LQVXFHVVR GRV
HPEDUJRVRVGHQXQFLDQWHVSRVVDPH[HUFHURVGLUHLWRVGHFRUUHQWHVGD
HYLFomRVHQGRTXHRDUWGR&3&GHWHUPLQDTXHDGHQXQFLDomR
VHMDIHLWDQRERMRGDSHWLomRLQLFLDO
,,,±3HGLGR
5HTXHU VHMDP MXOJDGRV SURFHGHQWHV RV SUHVHQWHV (PEDUJRV
GHFODUDQGRVH LQVXEVLVWHQWH D SHQKRUD VREUH R LPyYHO REMHWR GD
PDWUtFXOD Qž  MXQWR DR RILFLDO GH 5HJLVWUR GH ,PyYHLV GD &RPDUFD
FRPRVHXUHVSHFWLYROHYDQWDPHQWRHFDQFHODPHQWRGHHYHQWXDO
OHLOmR
5HTXHUVHDLQGDDFRQGHQDomRGR(PEDUJDGRHPFXVWDVHYHUED
KRQRUiULD
,9±3HGLGRUHIHUHQWHjGHQXQFLDomRGDOLGH
5HTXHUVH D H[SHGLomR GR FRPSHWHQWH PDQGDGR GH FLWDomR GD
GHQXQFLDGD SDUD TXHUHQGR H[HUFHU DV IDFXOGDGHV GR DUW  GR
&3& H DR ILQDO VHQGR LPSURFHGHQWHV RV HPEDUJRV GH WHUFHLUR
FRQGHQDU D GHQXQFLDGD QRV WHUPRV GR DUW  GR &3& D LQGHQL]DU
RVGHQXQFLDQWHVSHORYDORUGRLPyYHODFUHVFLGRGHFRUUHomRPRQHWiULD
GHVGH D GDWD GR FRPSURPLVVR GH FRPSUD H YHQGD GRFXPHQWR  H
MXURVGHVGHDFLWDomRDOpPGHFXVWDVHKRQRUiULRV
&DVR VHMD UHFRQKHFLGR R GLUHLWR YLQGLFDGR QRV HPEDUJRV GH
WHUFHLUR FRQGHQDU RV DGYHUViULRV GR GHQXQFLDQWH SHOR SULQFtSLR GD
FDXVDOLGDGHDSDJDUDVFXVWDVHKRQRUiULRVQRVWHUPRVLQFOXVLYHGR


DFyUGmRDQH[R
1HVWH VHQWLGR D OLomR GH 1HOVRQ 1HU\ -XQLRU FRUURERUDGD SRU
UHFHQWH DFyUGmR DQH[R VHJXQGR R TXDO 7-63 ± $SHODomR Qž
 ± M  ± 5HODWRU
'HVHPEDUJDGRU,WDPDU*DLQR

³6H D GHQXQFLDomR j OLGH p REULJDWyULD SDUD TXH R GHQXQFLDQWH SRVVD

H[HUFHU R GLUHLWR UHVXOWDQWH j HYLFomR DSHVDU GH DR ILQDO VHU MXOJDGD
SUHMXGLFDGD HP UD]mR GD GHFLVmR GH PpULWR IDYRUiYHO RV KRQRUiULRV
DGYRFDWtFLRV GHYHP VHU DUFDGRV SHOR DGYHUViULR GR GHQXQFLDQWH TXH
GHXFDXVDjSURSRVLWXUDGDGHPDQGDVHFXQGiULD´

(LV R HVFyOLR GH 1HOVRQ 1HU\ -XQLRU &yGLJR GH 3URFHVVR &LYLO
&RPHQWDGRHG6mR3DXOR57S

³+RQRUiULRV QD GHQXQFLDomR SUHMXGLFDGD &3&  , 1R FDVR GH

GHPDQGD QD TXDO H[LVWD D SRVVLELOLGDGH GH RFRUUHU j HYLFomR RQGH D
GHQXQFLDomRpREULJDWyULDRGHQXQFLDQWHQmRWHPRXWUDDOWHUQDWLYDDQmR
VHUDGHHIHWLYDPHQWHGHQXQFLDUDOLGHDRDOLHQDQWHVRESHQDGHSHUGHU
R HYHQWXDO GLUHLWR TXH GD HYLFomR OKH UHVXOWDULD $SHQDV QHVWD KLSyWHVH
GHREULJDWRULHGDGHGDGHQXQFLDomRRDGYHUViULRGRGHQXQFLDQWHpTXHP
GHX FDXVD j SURSRVLWXUD GD GHPDQGD VHFXQGiULD GHYHQGR UHVSRQGHU
SHORV {QXV GD VXFXPErQFLD QR FDVR GH UHSXWDUVH SUHMXGLFDGD D
GHQXQFLDomR SHOD GHVLVWrQFLD H[WLQomR VHP MXOJDPHQWR GR PpULWR RX
GHFLVmRGHPpULWRIDYRUiYHODRGHQXQFLDQWHQDDomRSULQFLSDO´

,9±&LWDomR
5HTXHUVH D H[SHGLomR GR FRPSHWHQWH PDQGDGR GH FLWDomR GD
GHQXQFLDGD SDUD TXHUHQGR DVVXPLU D SRVLomR GH OLWLVFRQVRUWH
DFUHVFHQGRDUJXPHQWRVjYHUWHQWHH[RUGLDO
$WR FRQWtQXR FRP RX VHP R LQJUHVVR GD GHQXQFLDGD UHTXHUVH D
FLWDomRGR(PEDUJDGRSDUDTXHUHQGRUHVSRQGHUQRSUD]ROHJDOVRE
SHQDGHFRQILVVmRHHIHLWRVGDUHYHOLDGHYHQGRDRUGHPVHUH[SHGLGD
SHORFRUUHLR&yGLJRGH3URFHVVR&LYLODUWV,H
2X KDYHQGR SURFXUDGRU GR HPEDUJDGR FRQVWLWXtGR QRV DXWRV GD
DomRTXHJHURXDFRQVWULomR
$WR FRQWtQXR UHTXHUVH D FLWDomR GR (PEDUJDGR DWUDYpV GR VHX


SDWURQRFRQVWLWXtGRQRVDXWRVIOVQRVWHUPRVGRDUW†žGR
&yGLJR GH 3URFHVVR &LYLO SDUD TXHUHQGR UHVSRQGHU QR SUD]R OHJDO
VRESHQDGHFRQILVVmRHHIHLWRVGDUHYHOLD
9±$XGLrQFLDGH&RQFLOLDomR
1RV WHUPRV GR DUW  † ž GR &yGLJR GH 3URFHVVR &LYLO R DXWRU
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR R DXWRU GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
9,±3URYDV
2 HPEDUJDQWH SURWHVWD SRU SURYDU R DOHJDGR DWUDYpV GH WRGRV RV
PHLRV GH SURYD HP GLUHLWR DGPLWLGRV HP HVSHFLDO SHOD SURGXomR GH
SURYD GRFXPHQWDO WHVWHPXQKDO SHULFLDO H LQVSHomR MXGLFLDO DOpP GD
MXQWDGD GH QRYRV GRFXPHQWRV H GHPDLV PHLRV TXH VH IL]HUHP
QHFHVViULRV
1RFDVRGH9RVVD([FHOrQFLDHQWHQGHUSRUEHPGHVLJQDUDXGLrQFLD
GH MXVWLILFDomR GD SRVVH DFRUGH FRP R DUW  † ž GR &yGLJR GH
3URFHVVR&LYLOUHTXHURGHSRLPHQWRSHVVRDOGR(PEDUJDGRVRESHQD
GHQmRFRPSDUHFHQGRVHUOKHLPSRVWDDSHQDGHFRQILVVmRHQHVVH
FDVR GH DFRUGR FRP R DUW  GR &yGLJR GH 3URFHVVR &LYLO D
(PEDUJDQWHDUURODDVWHVWHPXQKDVFXMRUROVHJXHDEDL[RUHTXHUHQGR
GHVGHMiVHMDPDVPHVPDVLQWLPDGDVSHVVRDOPHQWH
D
E
9,,±9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5SDUDRVHIHLWRVILVFDLV
7HUPRV HP TXH UHTXHUHQGR VHMD D SUHVHQWH DomR GLVWULEXtGD SRU
GHSHQGrQFLDDRVDXWRVGDDomRQž


 3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

2.3. CHAMAMENTO AO PROCESSO

([PR6U'U-XL]GH'LUHLWRGD
3URFHVVRQ
5HTXHU DSUHFLDomR SUHOLPLQDU GR SHGLGR GH FKDPDPHQWR DR
SURFHVVRGRGHYHGRUSULQFLSDOQRVWHUPRVGRDUW,GR&3&
SRUVHXVSURFXUDGRUHVGRFXPHQWRYHPUHVSHLWRVDPHQWHD
SUHVHQoDGH9RVVD([FHOrQFLDDSUHVHQWDUWHPSHVWLYDPHQWH
&RQWHVWDomR
RTXHID]FRPIXQGDPHQWRQRVDUWVHVHJXLQWHVGR&yGLJRGH
3URFHVVR&LYLOHSHORVDUJXPHQWRVGHIDWRHGLUHLWRDVHJXLUDGX]LGRV
6tQWHVHGDLQLFLDO
7UDWDVHGHDomRGHLQGHQL]DomRSURPRYLGDSHORORFDGRUHPUD]mR
GHVXSRVWRVHVWUDJRVSHUSHWUDGRVSHORORFDWiULR6UDILDQoDGRGR
UpX RUD FRQWHVWDQWH QR LPyYHO ORFDGR QRV WHUPRV GR FRQWUDWR GH
ORFDomRGHIOV
2FRUUH TXH  GHGX]LU RV DUJXPHQWRV LPSHGLWLYRV PRGLILFDWLYRV
RXH[WLQWLYRVGRGLUHLWRGRDXWRU
3RUWDQWRDDomRGHYHVHUMXOJDGDLPSURFHGHQWH
5HTXHULPHQWRV
D&KDPDPHQWRDRSURFHVVR&3&DUW,
7HQGR HP YLVWD TXH R UpX IRL ILDGRU VROLGiULR QR FRQWUDWR QRWLFLDGR
SHORDXWRUQRVWHUPRVGRDUW,GR&yGLJRGH3URFHVVR&LYLOID]
MXVDRFKDPDPHQWRGRORFDWiULRGHYHGRUSULQFLSDOTXHQRVWHUPRVGR
DUWGR&yGLJR&LYLOGHYHUHVSRQGHUSHODREULJDomRHYHQWXDOPHQWH
UHFRQKHFLGDHPIXQomRGDSUHVHQWHDomR
6HQGR DVVLP R GHYHGRU VROLGiULR TXH SDJD D LQWHJUDOLGDGH GD
GtYLGD QmR VHQGR MXULGLFDPHQWH R EHQHILFLDGR FRPR p R FDVR GR


ILDGRU GH FRQWUDWR GH ORFDomR TXDOLGDGH RVWHQWDGD SHOR UpX SRGHUi
FREUDU D GtYLGD WRGD GR GHYHGRU SULQFLSDO &yGLJR &LYLO DUW  H
QHVVDPHGLGD

³)LDQoD/RFDomR)LDGRUTXHSDJDRGpELWR6XEURJDomRHPWXGRRTXH
SDJRX5HFXUVRGHVSURYLGR(PDomRUHJUHVVLYDRGHYHGRUUHVSRQGHSRU
WXGRDTXLORTXHRILDGRUSDJRXLQFOXLQGRSULQFLSDODFHVVyULRVFXVWDVH
KRQRUiULRV GH DomR GH GHVSHMR SURPRYLGD FRQWUD R ORFDWiULR DILDQoDGR
'RXWULQD0RQWHLUR:DVKLQJWRQGH%DUURV&XUVRGH'LUHLWR&LYLO
HG'LUHLWRGDV2EULJDo}HVS´7$3U±$S&LY±&kP
&LY ± M  ± -XL] 5X\ &XQKD 6REULQKR H $S&LY  '-


3RVWDDVVLPDTXHVWmRUHTXHUDFLWDomRGR6UFRPHQGHUHoR

QDSHORFRUUHLRQRVWHUPRVGRVDUWV,HGR&yGLJR
GH 3URFHVVR &LYLO SDUD UHVSRQGHU LQWHJUDOPHQWH SHUDQWH R RUD
FRQWHVWDQWHHPUD]mRGHHYHQWXDOVHQWHQoDGHSURFHGrQFLD
E VHMD MXOJDGR WRWDOPHQWH LPSURFHGHQWH D SUHVHQWH DomR
FRQGHQDQGR D DXWRUD QR SDJDPHQWR GH FXVWDV H KRQRUiULRV
DGYRFDWtFLRVDVVLPFRPRGHPDLV{QXVGDVXFXPErQFLD
&XPSULGDVDVQHFHVViULDVIRUPDOLGDGHVOHJDLVGHYHDSUHVHQWHVHU
UHFHELGDHMXQWDGDDRVDXWRV
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

2.4. INCIDENTE DE DESCONSIDERAÇÃO DA PERSONALIDADE

JURÍDICA COM PEDIDO DE TUTELA PROVISÓRIA DE URGÊNCIA

([PR6U'U-XL]GH'LUHLWRGD
3URFHVVRQ±HPIDVHGHH[HFXomR
8UJHQWH UHTXHU DSUHFLDomR GH SHGLGR GH WXWHOD SURYLVyULD GH
XUJrQFLD
SRUVHXVSURFXUDGRUHVGRFXPHQWRYHPUHVSHLWRVDPHQWHj


SUHVHQoD GH 9RVVD ([FHOrQFLD SURSRU HP IDFH GH  5* Qž 
LQVFULWRQR&3)VRERQžGRPLFLOLDGRQD5XDRFRPSHWHQWH
,QFLGHQWHGHGHVFRQVLGHUDomRGDSHUVRQDOLGDGHMXUtGLFD
R TXH ID] FRP VXSHGkQHR QRV DUWV  D  GR &yGLJR GH
3URFHVVR &LYLO H QRV DUJXPHQWRV GH IDWR H GH GLUHLWR D VHJXLU
DGX]LGRV
'HSRLVGHLQ~PHUDVWHQWDWLYDVGHRH[HTXHQWHVHPVXFHVVROHYDU
D HIHLWR D SHQKRUD GH EHQV GD H[HFXWDGD DSWRV j VDWLVIDomR GD
H[HFXomRFRQVWDQRVFDGDVWURVGD5HFHLWD)HGHUDOGR%UDVLODQH[R
VXDTXDOLGDGHFRPRLQDSWDHLQDWLYD
6HLVWRQmREDVWDVVHFRQVWDQD-8&(63DQH[DHQGHUHoRGDWDGR
GR DQR GH  FRQVLVWHQWH QXP ~QLFR F{PRGR GH XPD SHTXHQD
FDVDIHLWRGHGHSyVLWRIRWRV±ODXGRSHULFLDOGHDYDOLDomR±DXWRVGD
SUHFDWyULDEHPFRPRQmRSRVVXLPRYLPHQWDomRDWLYRVILQDQFHLURVHP
VHXQRPHIOV
1DGD REVWDQWH RV UHTXHULGRV FRQVWLWXtUDP QRYD VRFLHGDGH FRP R
PHVPR REMHWR VRFLDO GRFXPHQWR TXH IXQFLRQD QRUPDOPHQWH VHP
FRQWXGRKRQUDUFRPDVGtYLGDVGDVRFLHGDGHRUDH[HFXWDGD
$VVLPUHVWDHYLGHQWHTXHUHDOPHQWHSURPRYHUDPRHQFHUUDPHQWR
LUUHJXODU H IUDXGXOHQWR FRP R ILUPH SURSyVLWR GH OHVDU FUHGRUHV GDV
DWLYLGDGHVGDH[HFXWDGDHLVTXHGHL[DUDPGHFXPSULUFRPDH[LJrQFLD
OHJDOGHSURPRYHUDEDL[DHPVHXUHJLVWUR
$ FRQGXWD UHSUHVHQWD R GHVOHDO FRPSRUWDPHQWR GRV VyFLRV GD
H[HFXWDGD SHUDQWH RV FUHGRUHV GD SHVVRD MXUtGLFD TXH UHSUHVHQWDP
GHQRWDQGRFODURGHVLQWHUHVVHSHORGHVOLQGHGDSUHVHQWHDomR
'H IDWR D H[HFXWDGD PHGLDQWH D DWXDomR GH VHXV VyFLRV FDXVRX
HQRUPHV SUHMXt]RV DR H[HTXHQWH TXH FXOPLQDUDP QR GpELWR RUD
H[HFXWDGR H DJRUD VH HVFXVD GH VDWLVID]rOR VHQGR TXH LQFOXVLYH
QmR PDLV H[LVWH ILVLFDPHQWH WHQGR WUDQVIHULGR WRGDV DV VXDV
PiTXLQDV HTXLSDPHQWRV H IXQFLRQiULRV HQILP R VHX IXQGR
HPSUHVDULDO SDUD D QRYD VRFLHGDGH GHL[DQGR FRP D H[HFXWDGD
DSHQDV DV GtYLGDV R TXH DQLTXLOD D SRVVLELOLGDGH GH H[LVWLU EHQV HP
VHXQRPH
(P VXPD GHSDUDVH FRP D IODJUDQWH VLWXDomR GH GHVYLR GH


ILQDOLGDGH GD SHVVRD MXUtGLFD H[HFXWDGD YH] TXH RV VyFLRV
FRQVWLWXtUDPQRYDVRFLHGDGHFRPRPHVPRREMHWRVRFLDO
1RWRULDPHQWH R SUHVHQWH FDVR FRQILJXUD YHUGDGHLUR DEXVR GD
SHUVRQDOLGDGHMXUtGLFD
5HJLVWUHVHTXHSDWHQWHPHQWHRVVyFLRVGDH[HFXWDGDRFXOWDPVH
LQGHYLGDPHQWHDWUiVGRYpXGDSHUVRQDOLGDGHMXUtGLFDTXHQmRSRVVXL
TXDOTXHUFRQGLomRGHVDWLVID]HURGpELWRHPOLWtJLRIOV
$ VLWXDomR VXE MXGLFH VHPSUH IRL UHFKDoDGD SHOR PXQGR MXUtGLFR
QRVWHUPRVGD³WHRULDGDGHVFRQVLGHUDomRGDSHUVRQDOLGDGHMXUtGLFD´
FXMD GLUHWUL] FRQVLVWH HP SRVVLELOLWDU R DOFDQFH GH EHQV GRV
UHVSRQViYHLVSHODHPSUHVDGHYHGRUDFRPRFXQKRGHGLUHFLRQiORVj
UHSRVLomRGRSDWULP{QLRGRVFUHGRUHVOHVDGRV
7RGDYLD D WHRULD HP DSUHoR GHL[RX GH VHU PHUD ³WHRULD´ SDUD
LQJUHVVDU ILQDOPHQWH QD OHJLVODomR VHQGR DFROKLGD SHOR GLUHLWR
SRVLWLYRHPVHXVUHDLVFRQWRUQRV
$/HLGHGLVS}HQRVHXDUWLJRYHUELVRXDUW
GR&'&VHKRXYHUUHODomRGHFRQVXPR

³$UW(PFDVRGHDEXVRGHSHUVRQDOLGDGHMXUtGLFDFDUDFWHUL]DGRSHOR
GHVYLRGHILQDOLGDGHRXSHODFRQIXVmRSDWULPRQLDOSRGHRMXL]GHFLGLUD
UHTXHULPHQWR GD SDUWH RX GR 0LQLVWpULR 3~EOLFR TXDQGR OKH FRXEHU
LQWHUYLU QR SURFHVVR TXH RV HIHLWRV GH FHUWDV H GHWHUPLQDGDV UHODo}HV
GH REULJDo}HV VHMDP HVWHQGLGRV DRV EHQV SDUWLFXODUHV GRV
DGPLQLVWUDGRUHVRXVyFLRVGDSHVVRDMXUtGLFD´

e FHUWR TXH R GHVYLR GH ILQDOLGDGH FDUDFWHUL]DVH SHOR XVR GD

SHVVRD MXUtGLFD FRPR HVFXGR RX IDFKDGD WHQGR HP PLUD DFREHUWDU
VyFLRV H DGPLQLVWUDGRUHV GH SUiWLFDV IUDXGXOHQWDV GHVYLDQGRVH
FODUDPHQWHGRVREMHWLYRVGDVRFLHGDGHHFDXVDQGROHVmRDWHUFHLURV
'HVWDUWH ID]VH PHGLGD LPSHUDWLYD HVWHQGHU D UHVSRQVDELOLGDGH GD
H[HFXWDGDDRVEHQVSDUWLFXODUHVGHVHXVVyFLRVSRLVpLPSUHVFLQGtYHO
FRLELURDEXVRGDSHUVRQDOLGDGHMXUtGLFDRUDGHPRQVWUDGR
3RU DSOLFDUVH DR FDVR HP WHVWLOKD WUD]VH j FRODomR FRPHQWiULR
VREUHRWHPDFRQVWDQWHGR³5HSHUWyULRGH-XULVSUXGrQFLD,2%´

³2VEHQVGRVVyFLRVGDHPSUHVDH[HFXWDGDSRGHPVHUDOFDQoDGRV


 QR UHVSHFWLYR SURFHVVR GH H[HFXomR SHOR IDWR GH D HPSUHVD WHU
HQFHUUDGR VXDV DWLYLGDGHV GH IRUPD LUUHJXODU QmR SRVVXLQGR RXWUR
SDWULP{QLR FDSD] GH JDUDQWLU VXDV GtYLGDV 2 7ULEXQDO QHJRX SURYLPHQWR
DR UHFXUVR EDVHDQGRVH QR IDWR GH D HPSUHVD WHU HQFHUUDGR VXDV
DWLYLGDGHV GH IRUPD LUUHJXODU TXH p LQGtFLR VXILFLHQWH SDUD SHUPLWLU TXH
RV EHQV GRV VyFLRV SRVVDP VHU DOFDQoDGRV QR SURFHVVR GH H[HFXomR
 $ GHVFRQVLGHUDomR SHUPLWH TXH R PDJLVWUDGR DIDVWDQGR R YpX GD
HVWUXWXUD IRUPDO GD SHUVRQDOLGDGH MXUtGLFD QHOD SHQHWUH SDUD DWLQJLU H
YLQFXODU D UHVSRQVDELOLGDGH GRV VyFLRV YLVDQGR LPSHGLU D FRQVXPDomR
GHIUDXGHVHDEXVRVGHGLUHLWROHYDGRVDFDERDWUDYpVGDSHUVRQDOLGDGH
MXUtGLFDHTXHOHVDPWHUFHLURV$VVLPR1RYR&yGLJR&LYLODGPLWHD
H[FXVVmR GH EHQV SDUWLFXODUHV GRV VyFLRV SHODV GtYLGDV GD VRFLHGDGH
DSHQDV QR FDVR GH DEXVR GD SHUVRQDOLGDGH MXUtGLFD TXH DOFDQoDP R
GHVYLRGHILQDOLGDGHHDFRQIXVmRSDWULPRQLDO´&RPHQWiULR,2%±$FXQ
GD&&LYGR7-5-±$&±5HO'HV&DUSHQD$PRULP±M
 ± 5HSHUWyULR GH -XULVSUXGrQFLD ,2% Qž  ±  ±
S

1mRVHROYLGHTXHDSHVVRDMXUtGLFDH[LVWHHGHYHVHUXVDGDSRUVHU
XPLQVWUXPHQWRLPSRUWDQWtVVLPRGDHFRQRPLDGHPHUFDGR
&RQWXGRpUHSURYiYHOTXHVHMDXWLOL]DGDFRPRREMHWRGHDEXVRVSRU
SDUWHGHVHXVUHSUHVHQWDQWHV
2FHUWRpTXHVHWRUQRXFRPXPRFRUUHUFDVRVFRPRHVWHRXVHMD
DV VRFLHGDGHV FRQWUDHP HP VHX QRPH LQ~PHUDV REULJDo}HV QmR
UHVWDQGRSRUpPEHQVHPVHXSDWULP{QLRVXILFLHQWHVjVDWLVIDomRGRV
GpELWRVGHPRGRTXHRVVyFLRVILFDPFRPRVJDQKRVHRSUHMXt]RILFD
FRPRVFUHGRUHVHFRPDVRFLHGDGH
3DUD FRLELU VLWXDo}HV FRPR HVWD p TXH D SHUVRQDOLGDGH MXUtGLFD
PXLWR HPERUD VHMD UHFRQKHFLGD SHOD OHL FRPR XP LQVWUXPHQWR
LPSUHVFLQGtYHO DR H[HUFtFLR GD DWLYLGDGH HPSUHVDULDO QmR IRL
WUDQVIRUPDGDQXPGRJPDLQWDQJtYHO
(P YHUGDGH D SHUVRQDOLGDGH MXUtGLFD GDV VRFLHGDGHV ³GHYH VHU
XVDGD SDUD SURSyVLWRV OHJtWLPRV H QmR GHYH VHU SHUYHUWLGD´
:2506(5 , 0DXULFH 'LVUHJDUG RI FRUSRUDWH ILFWLRQ DQG DOOLHG
FRUSRUDWLRQSUREOHPV:DVKLQJWRQ%HDUG%RRNVSWUDGXomR
OLYUH GH ³LW PXVW EH XVHG IRU OHJLWLPDWH EXVLQHVV SXUSRVHV DQG PXVW
QRWEHSHUYHUWHG´


 3RUWDQWR FDVR WDLV SURSyVLWRV VHMDP GHVYLUWXDGRV WRUQDVH
LQFRQFHEtYHO SUHYDOHFHU D VHSDUDomR SDWULPRQLDO HQWUH D SHVVRD
MXUtGLFDHRVVHXVPHPEURVRVTXDLVGHYHPVHUUHVSRQVDELOL]DGRV
&RP WDLV FRQWRUQRV )iELR 8OKRD &RHOKR DVVLP GHILQH D
GHVFRQVLGHUDomR

³2 MXL] SRGH GHFUHWDU D VXVSHQVmR HSLVyGLFD GD HILFiFLD GR DWR
FRQVWLWXWLYR GD SHVVRD MXUtGLFD VH YHULILFDU TXH HOD IRL XWLOL]DGD FRPR
LQVWUXPHQWR SDUD D UHDOL]DomR GH IUDXGH RX GH DEXVR GH GLUHLWR´
'HVFRQVLGHUDomRGDSHUVRQDOLGDGHMXUtGLFD6mR3DXOR57S

1RWHVH FODUDPHQWH TXH D GHVFRQVLGHUDomR GD SHUVRQDOLGDGH

MXUtGLFD p PRPHQWkQHD H H[FHSFLRQDO UHWLUDQGRVH VXD DXWRQRPLD
SDWULPRQLDODILPGHHVWHQGHURVHIHLWRVGHVXDVREULJDo}HVjSHVVRD
GH VHXV VyFLRV RX DGPLQLVWUDGRUHV FRP R ILP GH FRLELU R GHVYLR GD
IXQomRGDSHVVRDMXUtGLFDSHUSHWUDGDSHORVPHVPRV
eFHGLoRTXHSDUDWDQWRpQHFHVViULRTXHVHFRQILJXUHDIUDXGHRX
DEXVRGHGLUHLWRUHODFLRQDGRjDXWRQRPLDSDWULPRQLDO,QFDVXYHULILFD
VH R H[DXVWLYDPHQWH GHPRQVWUDGR DEXVR GH GLUHLWR UHSUHVHQWDGR
SHORGHVYLRGHIXQomRGDSHVVRDMXUtGLFDGDH[HFXWDGD
(PVXPD³pDEXVLYRTXDOTXHUDWRTXHSRUVXDPRWLYDomRHSRUVHX
ILP Yi FRQWUD R GHVWLQR FRQWUD D IXQomR GR GLUHLWR TXH VH H[HUFH´
-266(55$1' /RXLV 'HO DEXVR GH ORV GHUHFKRV \ RWURV HQVDLRV
%RJRWi7HPLVSWUDGXomROLYUHGH³HVDEXVLYRFXDOTXLHUDFWR
TXH SRU VXV PyYLOHV \ SRU VX ILQ YD FRQWUD HO GHVWLQR FRQWUD OD
IXQFLyQGHOGHUHFKRTXHVHHMHUFH´
2³PDXXVR´GDSHUVRQDOLGDGHMXUtGLFDGDH[HFXWDGDFDUDFWHUL]DVH
MXVWDPHQWH SHOD XWLOL]DomR GR GLUHLWR SDUD ILQV GLYHUVRV GRV TXDLV
GHYHULDP VHU EXVFDGRV R TXH SULPRUGLDOPHQWH DXWRUL]D D
GHVFRQVLGHUDomR
1HVVHVHQWLGRYHMDVHRHQWHQGLPHQWRGRV7ULEXQDLVVREUHRWHPD

³'HVFRQVWLWXLomR GD SHUVRQDOLGDGH MXUtGLFD 7HQWDWLYDV LQIUXWtIHUDV GH

ORFDOL]DomR GH EHQV DSWRV j VDWLVIDomR GR FUpGLWR H[HTXHQGR
,QWHOLJrQFLD GR DUWLJR  GR &yGLJR &LYLO 5HFXUVR SURYLGR´ 7-63 ±
 ± $JUDYR GH ,QVWUXPHQWR ± 5HODWRU 6pUJLR


 5XL ± &RPDUFD 6mR 3DXOR ± ÏUJmR MXOJDGRU  &kPDUD GH 'LUHLWR
3ULYDGR±'DWDGRMXOJDPHQWR±'DWDGHUHJLVWUR
±2XWURVQ~PHURV
³([HFXomRGHWtWXORMXGLFLDO([HFXWDGDSHVVRDMXUtGLFD(QFHUUDPHQWRGH
VXDV DWLYLGDGHV GH IRUPD LUUHJXODU &RQILJXUDomR GR DEXVR GR GLUHLWR H
IUDXGH 'HVFRQVLGHUDomR GD SHUVRQDOLGDGH MXUtGLFD GD VRFLHGDGH
3RVVLELOLGDGH GD FRQVWULomR GLUHWD VREUH RV EHQV SDUWLFXODUHV GRV
VyFLRV $UW  GR &yGLJR &LYLO 5HFXUVR LPSURYLGR´ 7-63 ± 
 ± $JUDYR GH ,QVWUXPHQWR ± 5HODWRU - % )UDQFR GH
*RGRL ± &RPDUFD 6HUWmR]LQKR ± ÏUJmR MXOJDGRU  &kPDUD GH 'LUHLWR
3ULYDGR±'DWDGRMXOJDPHQWR±'DWDGHUHJLVWUR
±2XWURVQ~PHURV
³&XPSULPHQWR GH VHQWHQoD $XVrQFLD GH EHQV LG{QHRV j VDWLVIDomR GR
FUpGLWR(QFHUUDPHQWRLUUHJXODU,QGtFLRVGHIUDXGHGHVYLRGHILQDOLGDGH
'HVFRQVLGHUDomRGDSHUVRQDOLGDGHMXUtGLFD5HTXLVLWRVYHULILFDGRVVHP
SUHMXt]R GH LPSXJQDomR SRVWHULRU 5HFXUVR SURYLGR FRP REVHUYDomR´
7-63 ±  ± $JUDYR GH ,QVWUXPHQWR ±
5HODWRUD &DXGXUR 3DGLQ ± &RPDUFD 6mR 3DXOR ± ÏUJmR MXOJDGRU 
&kPDUD GH 'LUHLWR 3ULYDGR ± 'DWD GR MXOJDPHQWR  ± 'DWD GH
UHJLVWUR±2XWURVQ~PHURV
³([HFXWDGD SHVVRD MXUtGLFD FXMDV DWLYLGDGHV IRUDP SDUDOLVDGDV
3UHWHQVmRGRVH[HTXHQWHVGHGHVFRQVLGHUDomRGDSHUVRQDOLGDGHMXUtGLFD
H ORFDOL]DomR GH EHQV SDUWLFXODUHV GRV VyFLRV SDUD JDUDQWLD GD
H[HFXomR $GPLVVLELOLGDGH 6yFLRV TXH QmR FRODERUDP QD LQGLFDomR GH
EHQV GD SHVVRD MXUtGLFD DLQGD H[LVWHQWH $JUDYR SURYLGR´ ž 7DFLYLO ± 
&kP $, Qž 63 ± 5HO -XL] &HUTXHLUD /HLWH ± M 
YX

'HVWD IHLWD D GHVFRQVLGHUDomR FODUDPHQWH SRVLWLYDGD FRPR XPD

IRUPDGHUHSUHVVmRDRDEXVRQDXWLOL]DomRGDSHUVRQDOLGDGHMXUtGLFD
p PHGLGD LPSHUDWLYD VRE SHQD GH FRPSURPHWHU WRGD D HVWDELOLGDGH
SURSRUFLRQDGD SHOR RUGHQDPHQWR MXUtGLFR VHQGR LQDGPLVVtYHO TXH RV
FUHGRUHVVRIUDPSUHMXt]RVHPGHFRUUrQFLDGDPiJHVWmRGRVQHJyFLRV
GDHPSUHVDGHYHGRUDDTXDOFXOPLQRXHPVXDH[WLQomRLUUHJXODU
)D]VHDVVLPPLVWHUDFRQVWULomRGHEHQVSDUWLFXODUHVGRVVyFLRVGD
H[HFXWDGD RV TXDLV XWLOL]DUDP D ILJXUD GD SHVVRD MXUtGLFD GD
H[HFXWDGDSDUDORFXSOHWDUHPVHLOLFLWDPHQWH


 5HVWD LQHJiYHO D UHVSRQVDELOLGDGH VXEVLGLiULD GRV VyFLRV GD
H[HFXWDGD QHVWH FDVR GHYHQGR HVWHV DUFDU FRP R SDJDPHQWR GR
FUpGLWRH[HTXHQGR
5HTXHULPHQWR
([SRVLWLVQRVWHUPRVGRVDUWVHGR&yGLJRGH3URFHVVR
&LYLOUHTXHUGLJQHVH9RVVD([FHOrQFLD
D 'HWHUPLQDU D LPHGLDWD FRPXQLFDomR GD LQVWDXUDomR GR SUHVHQWH
LQFLGHQWHDRGLVWULEXLGRUSDUDDVDQRWDo}HVGHYLGDV†žGRDUW
GR&3&
E $ VXVSHQVmR GR SURFHVVR DWp R ILQDO MXOJDPHQWR GR SUHVHQWH
LQFLGHQWH†žGRDUWGR&3&
F$FLWDomRGRVVyFLRVGDH[HFXWDGDSDUDDSUHVHQWDUPDQLIHVWDomR
TXHUHQGRQRSUD]RGHTXLQ]HGLDVDUWGR&3&
G $R ILQDO GHVFRQVLGHUDU D SHUVRQDOLGDGH MXUtGLFD GD H[HFXWDGD
LQWHJUDQGR RV VHXV VyFLRV DEDL[R TXDOLILFDGRV QR SROR SDVVLYR GD
SUHVHQWH DomR SRVVLELOLWDQGRVH DVVLP R DOFDQFH GH EHQV GRV
PHVPRVRVTXDLVJDUDQWLUmRRGpELWRHPOLWtJLR

H1RVWHUPRVGRVDUWVHGR&yGLJRGH3URFHVVR&LYLOD
FRQFHVVmR GH WXWHOD SURYLVyULD GH XUJrQFLD DXWRUL]DQGR R HPSUHJR
LPHGLDWR GR VLVWHPD GH SHQKRUD HOHWU{QLFD ³%DFHQMXG´ HP IDFH GRV
UHIHULGRVVyFLRVUD]mRSHODTXDOGHVGHMiVHMXQWDDVFXVWDVH[LJLGDV
SDUDDSURYLGrQFLD
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

2.5. PEDIDO DE INTERVENÇÃO NA QUALIDADE DE AMICUS CURIAE

([PR6U'U0LQLVWUR5HODWRUGR5HFXUVR(VSHFLDO
3URFHVVRQ


 3DUWHV
5HFRUUHQWH
5HFRUULGR
SRUVHXVSURFXUDGRUHVGRFXPHQWRYHPUHVSHLWRVDPHQWHD
SUHVHQoDGH9RVVD([FHOrQFLDUHTXHUHUDVXDDGPLVVmRQRSURFHVVR
QDTXDOLGDGHGH
$PLFXVFXULDH
RTXHID]FRPIXQGDPHQWRQRDUWGR&yGLJRGH3URFHVVR&LYLO
HSHORVDUJXPHQWRVGHIDWRHGHGLUHLWRDVHJXLUDGX]LGRV
7UDWDVHGH5HFXUVR(VSHFLDODGPLWLGRHDIHWDGRQRVWHUPRVGRDUW
 GR &yGLJR GH 3URFHVVR &LYLO SDUD MXOJDPHQWR FRPR GHPDQGD
UHSHWLWLYD
1HVWDPHGLGDIRLVREUHVWDGRRMXOJDPHQWRGDDomRGRUHTXHUHQWH
FRQIRUPHID]SURYDDFySLDLQWHJUDODQH[DGRFXPHQWRGDDomRTXH
SURPRYHHPIDFHGHTXHYHUVDVREUHDPDWpULD
7UDWDVH D WRGD HYLGrQFLD GH KLSyWHVH HP TXH VH DGPLWH D
LQWHUYHQomRGRUHTXHUHQWHFRPRDPLFXVFXULDH
3HOR SULQFtSLR GD HYHQWXDOLGDGH SDVVD R UHTXHUHQWH D H[SRU DV
UD]}HVTXHUHIRUoDPDWHVHUHFXUVDOH[SRVWDVQDYHUWHQWHUHIUHJD
([SRUDVUD]}HVTXHUHIRUoDPRUHFXUVRFXMDLQWHUYHQomRRDPLFXV
FXULDHSHGH
,VWR SRVWR UHTXHUVH 9RVVD ([FHOrQFLD D DGPLVVmR GR UHTXHUHQWH
QDTXDOLGDGHGHDPLFXVFXULDHFRPDGHWHUPLQDomRGDVDQRWDo}HVGH
SUD[HSDUDTXHRVXEVFULWRUGRSUHVHQWHVHMDLQWLPDGRGDVGHFLV}HVQR
YHUWHQWH UHFXUVR DGPLWLQGR DV UD]}HV RUD ODQoDGDV SDUD UHIRUoR GD
WHVH UHFXUVDO H EHP DVVLP VXVWHQWDU RUDOPHQWH SRU RFDVLmR GR
MXOJDPHQWRGRUHFXUVRDIHWDGR
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%63


 3.1. PETIÇÃO INICIAL COM PEDIDO DE TUTELA PROVISÓRIA DE
URGÊNCIA E DE EVIDÊNCIA

([PR6U'U-XL]GH'LUHLWRGD
SRUVHXVSURFXUDGRUHVGRFXPHQWRYHPUHVSHLWRVDPHQWHD
SUHVHQoD GH 9RVVD ([FHOrQFLD SURSRU HP IDFH GH  5* Qž 
LQVFULWDQR&3)VRERQžGRPLFLOLDGDQD5XDDFRPSHWHQWH
$omRGHUHVROXomRFRQWUDWXDOFXPXODGDFRPUHLQWHJUDomRGHSRVVH
FRPSHGLGRGHDQWHFLSDomRGHWXWHOD
R TXH ID] FRP VXSHGkQHR QRV DUJXPHQWRV GH IDWR H GH GLUHLWR D
VHJXLUDGX]LGRV
,±)DWRV
D1HJyFLRHQWUHDVSDUWHV
3RU IRUoD GR &RQWUDWR 3DUWLFXODU GH &RPSURPLVVR GH 9HQGD H
&RPSUDILUPDGRHPGRFXPHQWRDDXWRUDSURPHWHXYHQGHUHR
UpX D FRPSUDU SHOR SUHoR H FRQGLo}HV DOL SDFWXDGRV R VHJXLQWH
LPyYHO
5HIHULGR LPyYHO IRL HQWUHJXH DR UpX HP  RX 5HIHULGR LPyYHO
HQFRQWUDVHLQFRUSRUDGRHHPFRQVWUXomRFRQIRUPHFRQWUDWR
2SUHoRFHUWRHDMXVWDGRIRLGH5SDUDSDJDPHQWRGDIRUPDD
VHJXLUHVSHFLILFDGD
E0RUD
2FRUUH TXH R DGTXLUHQWH RUD UpX GHL[RX GH DGLPSOLU REULJDomR
FRQWUDWXDO FRQVXEVWDQFLDGD QR SDJDPHQWR GDV SDUFHODV YHQFLGDV D
SDUWLU GH  WRWDOL]DQGR 5  QRV WHUPRV GD SODQLOKD DQH[D
DWXDOL]DGDSDUDDGDWDGDSURSRVLWXUDGHVWDDomR
F&RQVWLWXLomRHPPRUD


 'LDQWH GR GHVFXPSULPHQWR GRV WHUPRV GR FRQWUDWR RXWUD QmR IRL D
VROXomR HQFRQWUDGD SHOD DXWRUD VHQmR QRWLILFDU R UpX SDUD TXH
SXUJDVVHDPRUD
$VVLPDFRUGHFRPRLQVWUXPHQWRGHQRWLILFDomRDQH[RGRFXPHQWR
RUpXIRLQRWLILFDGRHP
2 SUD]R OHJDO SDUD SXUJDomR GD PRUD GHFRUUHX LQ DOELV VHP TXH
TXDOTXHU SDJDPHQWR IRVVH HIHWXDGR RSHUDQGRVH DVVLP D GHYLGD
FRQVWLWXLomRHPPRUDQRVWHUPRVGD/HL
&RQYpP UHVVDOWDU TXH QDGD REVWDQWH DV LQ~PHUDV WHQWDWLYDV GD
DXWRUDSDUDUHFHEHURTXHOKHpGHYLGRRUpXSHUPDQHFHLUUHGXWtYHO
'HYHUDVMiTXHVHHQFRQWUDFRQYHQLHQWHPHQWHLPLWLGRQDSRVVHGR
LPyYHOVHPHIHWXDUTXDOTXHUSDJDPHQWR
,,±'LUHLWR
$FRUGH FRP D QRUPD LQVFXOSLGD QR DUW  GR &yGLJR &LYLO WHQGR
HPYLVWDDUHQLWrQFLDGRUpXHPQmRFXPSULUDVXDREULJDomRGHSDJDU
R SUHoR GR LPyYHO QDGD REVWDQWH D QRWLILFDomR HIHWXDGD QmR UHVWRX
DOWHUQDWLYDjDXWRUDVHQmRLQJUHVVDUFRPDSUHVHQWHDomRSOHLWHDQGR
DUHVROXomRGRFRQWUDWRSRULQDGLPSOHPHQWRSDUDUHDYHURLPyYHO
,,,±'HYROXomRGDVSDUFHODVSDJDVSHORUpX
3DUD TXH VH SURPRYD D GHYROXomR RSRUWXQD GDV SDUFHODV SDJDV
SHOR UpX LQYRFDVH D REVHUYkQFLD GDV FOiXVXODV FRQVWDQWHV GR
FRQWUDWRILUPDGRSHODVSDUWHVPRUPHQWHDTXHODVTXHGL]HPUHVSHLWRj
UHVROXomR GR LQVWUXPHQWR SRU LQDGLPSOHPHQWR GR FRPSUDGRU TXDLV
VHMDP DV FOiXVXODV  H  FXMDV GLUHWUL]HV QRUWHLDP D GHYROXomR
GRVYDORUHVSDJRVGLUHWUL]HVHVVDVGHFRUUHQWHVGHFODUDFRQWUDWDomRH
DEVROXWDOHJDOLGDGH
,9±7XWHODSURYLVyULDGHXUJrQFLDGHQDWXUH]DDQWHFLSDGD
$SUHVHQWHGHPDQGDIXQGDVHQRGHVFXPSULPHQWRGDREULJDomRGH
SDJDU DV SDUFHODV GR SUHoR IDWR LQHTXtYRFR H GHYLGDPHQWH
FRPSURYDGRHPUD]mRGDUHJXODUQRWLILFDomRVHPFRQWDUDVLQ~PHUDV
WHQWDWLYDVLQH[LWRVDVGHGHPRYHURUpXDVDOGDUVXDGtYLGD
'HVVD PDQHLUD UHTXHU D DXWRUD GLJQHVH 9RVVD ([FHOrQFLD GH
DQWHFLSDUDWXWHODSUHWHQGLGDFRPIXQGDPHQWRQRDUWLJRGR&yGLJR


GH3URFHVVR&LYLOUHLQWHJUDQGRDDXWRUDQDSRVVHGRLPyYHOGHPRGR
TXHDPHVPDSRVVDYHQGHURXFRPSURPLVVDUDXQLGDGHHPTXHVWmR
HYLWDQGR PDLRUHV GDQRV TXH FHUWDPHQWH VHUmR GH GLItFLO VHQmR
LPSRVVtYHOUHSDUDomR
e LQTXHVWLRQiYHO TXH R UpX DGTXLULX LPyYHO GD DXWRUD PHGLDQWH
SURPHVVD GH YHQGD H FRPSUD REULJDQGRVH HP FRQWUDSDUWLGD D
SDJDUSUHVWDo}HVPHQVDLVHFRQVHFXWLYDV
2FRUUH TXH PHVPR WHQGR VLGR UHJXODUPHQWH QRWLILFDGR D SXUJDU D
PRUDTXHGRXVHLQHUWHWRUQDQGRVHLQDGLPSOHQWH
3RU FRQVHJXLQWH QmR SDJRX DV SDUFHODV GHYLGDV H UHFXVDVH D
TXDOTXHUWLSRGHDFRUGRORFXSOHWDQGRVHLQGHYLGDPHQWHGDSRVVHGR
LPyYHO
$ DXWRUD SRU RXWUR ODGR DUFD FRP R SUHMXt]R FDXVDGR SHOR UpX
SRVWR TXH GHSHQGH GRV YDORUHV GHYLGRV H GD UHLQWHJUDomR GR LPyYHO
SDUDPDQWHUVXDHPSUHVDHPIXQFLRQDPHQWR
9HULILFDVHTXHRUpXGHVGHQKRVDPHQWHFRQWDQGRFRPDSOHWRUDGH
IHLWRVTXHDVVREHUEDR3RGHU-XGLFLiULRRTXHFHUWDPHQWHLQGHSHQGH
GD YRQWDGH GH 9RVVD ([FHOrQFLD PDQWpP D SRVVH GR LPyYHO HP
ORFXSOHWDPHQWRLOtFLWRRXVHRLPyYHOQmRIRLRFXSDGR QmR SDJD DV
SDUFHODVDTXHVHFRPSURPHWHXRTXHLPSHGHDDXWRUDGHQHJRFLDUR
LPyYHO GHYHQGR GHPDLV GLVVR DUFDU FRP RV HQFDUJRV FRPR ,378
7D[DGH5HVtGXRV6yOLGRV&RQGRPtQLRPDQXWHQomRHWF
9±3HGLGRGHWXWHODSURYLVyULDGHXUJrQFLD
$QHFHVVLGDGHGHDQWHFLSDomRGDWXWHODSUHWHQGLGDUHLQWHJUDomRGH
SRVVHpPHGLGDTXHVHLPS}H
$ GHPRUD QD UHLQWHJUDomR SUHWHQGLGD UHSUHVHQWDUi HP UD]mR GD
LQDGLPSOrQFLD GR UpX R DJUDYDPHQWR GR GpELWR QRWDGDPHQWH HP
UD]mRGDFDUDFWHUtVWLFDFRQGRPLQLDOGRLPyYHOREMHWRGRSHGLGR
'HPRQVWUDGRVSRUWDQWRRSHULFXOXPLQPRUDHDSURYDLQHTXtYRFD
PLVWHUVHID]DWXWHODDQWHFLSDGDGHXUJrQFLDFRPVXSHGkQHRQRVDUWV
HVHJXLQWHVHGR&yGLJRGH3URFHVVR&LYLO
$SURYDTXHLQVWUXLHVWDH[RUGLDOpUREXVWD
(P UD]mR GR UHFHLR GH GLItFLO UHSDUDomR UHTXHU D DXWRUD GLJQHVH


9RVVD ([FHOrQFLD GH FRQFHGHU D WXWHOD DQWHFLSDGD GH XUJrQFLD
GHWHUPLQDQGR D H[SHGLomR GH PDQGDGR GH UHLQWHJUDomR GH SRVVH
LQDXGLWD DOWHUD SDUWH QRV WHUPRV GRV DUWLJRV DUWV  H VHJXLQWHV H
 GR &yGLJR GH 3URFHVVR &LYLO RX VH R LPyYHO QmR IRL RFXSDGR
SDUD SRVVLELOLWDU D YHQGD GR LPyYHO D WHUFHLURV PRUPHQWH HP UD]mR
GRVSUHMXt]RVGHFRUUHQWHVGRVHQFDUJRVHLPSRVWRVTXHLQFLGLUmRDWpR
WpUPLQRGDOLGHRTXHQmRWUDUiQHQKXPSUHMXt]RDRUpXQDPHGLGDHP
TXHQmRFKHJRXDLQJUHVVDUQDSRVVH
9HULILTXH9RVVD([FHOrQFLDDMXULVSUXGrQFLDSiWULDTXHWHPDGPLWLGR
UHPDQVRVDPHQWHDDQWHFLSDomRGHWXWHODQHVVHVFDVRV

7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³$JUDYR GH LQVWUXPHQWR

&RPSURPLVVR GH FRPSUD H YHQGD &2+$%63 5HVROXomR &RQWUDWXDO
FF UHLQWHJUDomR GH SRVVH 3HGLGR GH DQWHFLSDomR GD WXWHOD GH
UHLQWHJUDomR,QDGLPSOHPHQWRLQFRQWURYHUVRGDPXWXiULD3UHHQFKLPHQWR
GRV UHTXLVLWRV GR DUWLJR  GR &3& >DWXDO DUW @ 'HFLVmR PDQWLGD
5HFXUVR,PSURYLGR´±UHO-RVp-RDTXLPGRV
6DQWRV±6mR3DXOR±&kPDUDGH'LUHLWR3ULYDGR±MHP±
'DWDGHUHJLVWUR±2XWURVQ~PHURV
7ULEXQDOGH-XVWLoDGH6mR3DXOR ³7XWHOD DQWHFLSDGD 3RVVLELOLGDGH GH
DQWHFLSDomR GD WXWHOD SHQGHQWH GHFLVmR ILQDO HP DomR GH UHVFLVmR
FRQWUDWXDO FXPXODGD FRP SHUGDV H GDQRV H UHLQWHJUDomR GH SRVVH
'HFLVmRUHIRUPDGD5HFXUVRSURYLGR´$JUDYRGH,QVWUXPHQWR±
6mR 3DXOR ±  &kPDUD GH 'LUHLWR 3ULYDGR ± UHO $OH[DQGUH *HUPDQR ±
±YX
3ULPHLUR 7ULEXQDO GH $OoDGD &LYLO GH 6mR 3DXOR ³7XWHOD DQWHFLSDGD
3RVVHVVyULD 5HLQWHJUDomR GH SRVVH 3UHVHQoD GRV UHTXLVLWRV OHJDLV
QHFHVViULRVjDQWHFLSDomRSUHWHQGLGDUHYLVWRVQRDUWLJR,GR&yGLJR
GH3URFHVVR&LYLO,QFRQIXQGLELOLGDGHFRPRSHGLGRGHOLPLQDUQmRWtSLFD
GDV Do}HV SRVVHVVyULDV 7XWHOD GHIHULGD 5HFXUVR SURYLGR´ $JUDYR GH
,QVWUXPHQWR  ± 6mR 3DXOR ±  &kPDUD ± UHO &DPSRV
0HOOR±MHP±'HFLVmRXQkQLPH±57
7ULEXQDO GH $OoDGD GH 0LQDV *HUDLV ³5HLQWHJUDomR GH SRVVH
$QWHFLSDomR GD WXWHOD /LPLQDU 3URPHVVD GH FRPSUD H YHQGD 0RUD
&RPSURYDGD D PRUD GRV FRPSUDGRUHV D VXD SRVVH SDVVD TXDQGR
HVWDEHOHFLGR HP FRQWUDWR D VHU SUHFiULD VHQGR OLFLWR DR YHQGHGRU
DMXL]DU DomR GH UHLQWHJUDomR GH SRVVH FRP SHGLGR GH DQWHFLSDomR GH
WXWHODHFRQFHVVmRGHOLPLQDUFRPRLQWXLWRGHUHDYHUDSRVVHGRLPyYHO


 REMHWRGRFRQWUDWR´$JUDYRGH,QVWUXPHQWR±%HOR+RUL]RQWH
±&kPDUD&tYHO±UHO-XL]$OPHLGD0HOR±MHP±'HFLVmR
XQkQLPH
7ULEXQDO GH $OoDGD GR 5LR *UDQGH GR 6XO ³$omR GH UHVFLVmR GH
FRQWUDWRFXPXODGDFRPSHUGDVHGDQRVFRPSHGLGRGHWXWHODDQWHFLSDGD
GH UHLQWHJUDomR GH SRVVH GR HVWDEHOHFLPHQWR FRPHUFLDO 3RGH R
PDJLVWUDGR GHFLGLU QXP Vy H VXILFLHQWH PRPHQWR DTXLOR TXH DQWHV H
FRQVHUYDGRUDPHQWH HUD GHFLGLGR HP GRLV RX PDLV PRPHQWRV
SRVWHUJDQGR D SUHVWDomR MXULVGLFLRQDO HP IDYRU LQYDULDYHOPHQWH GR
LQDGLPSOHQWH GR GHYHGRU TXH VH EHQHILFLDYD LQMXVWLILFDGDPHQWH GD
PRURVLGDGH SURFHVVXDO +DYHQGR SURYD LQHTXtYRFD FRQYHQFHQGRVH R
PDJLVWUDGRGDYHURVVLPLOKDQoDGDDOHJDomRYHULILFDGRRIXQGDGRUHFHLR
GHGDQRLUUHSDUiYHORXGHGLItFLOUHSDUDomRSRGHVHUGHIHULGRRSHGLGRGH
DQWHFLSDomR SURYLVyULD GD WXWHOD GH UHLQWHJUDomR GH SRVVH GR
HVWDEHOHFLPHQWR FRPHUFLDO $JUDYR LPSURYLGR´ $JUDYR GH ,QVWUXPHQWR
 ±  ±  &kPDUD &tYHO ± UHO 9LFHQWH %DUURFR GH
9DVFRQFHORV

$PHGLGDTXHVHSOHLWHLDQRTXHWDQJHjDQWHFLSDomRGDWXWHODGH
UHLQWHJUDomRGHSRVVHQmRpLUUHYHUVtYHOFRQIRUPHMiGHFLGLXR

7ULEXQDOGH-XVWLoDGH6mR3DXOR³&RQWUDWR&RPSURPLVVRGHFRPSUDH
YHQGD $omR GH UHVFLVmR FRQWUDWXDO $QWHFLSDomR GH WXWHOD
,QGHIHULPHQWR 3UHWHQVmR YLiYHO DQWH D FRPSURYDomR GD PRUD H D QmR
FRQILJXUDomRGDLUUHYHUVLELOLGDGHGDPHGLGD5HFXUVRSURYLGR´$JUDYRGH
,QVWUXPHQWR  ± 6mR 3DXOR ±  &kPDUD GH 'LUHLWR 3ULYDGR GR
7ULEXQDO GH -XVWLoD GR (VWDGR GH 6mR 3DXOR ± YX ± UHO 'HV &DUORV
5REHUWR*RQoDOYHV±HP
7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³$JUDYR 'HVSDFKR TXH LQDGPLWLX
SHGLGR GH WXWHOD DQWHFLSDGD HP DomR GH UHVFLVmR GH FRPSURPLVVR GH
FRPSUD H YHQGD FF UHLQWHJUDomR GH SRVVH 3UHVHQWHV RV SUHVVXSRVWRV
TXH DXWRUL]DP D FRQFHVVmR GH WDO EHQHItFLR 1mR FRQILJXUDGD D
LUUHYHUVLELOLGDGH GD PHGLGD 5HFXUVR SURYLGR´ $JUDYR GH ,QVWUXPHQWR
±6mR3DXOR±&kPDUDGH'LUHLWR3ULYDGR±UHO5X\&DPLOR
±±YX
9,±7XWHODGDHYLGrQFLD
1RV WHUPRV GR DUW  GR &yGLJR GH 3URFHVVR &LYLO ³D WXWHOD GD
HYLGrQFLD VHUi FRQFHGLGD LQGHSHQGHQWHPHQWH GD GHPRQVWUDomR GR


SHULJR GH GDQR RX GH ULVFR DR UHVXOWDGR ~WLO GR SURFHVVR´ QDV
KLSyWHVHVDSOLFiYHLVDRYHUWHQWHFDVRTXDQGR³DSHWLomRIRULQVWUXtGD
FRPSURYDGRFXPHQWDOVXILFLHQWHGRVIDWRVFRQVWLWXWLYRVGRGLUHLWRGR
DXWRUDTXHRUpXQmRRSRQKDSURYDFDSD]GHJHUDUG~YLGDUD]RiYHO´
6HQGR DVVLP QD HYHQWXDOLGDGH GH QmR VHU DWHQGLGR GH LPHGLDWR R
SHGLGR GD DXWRUD QR TXH WDQJH j DQWHFLSDomR GH WXWHOD GH XUJrQFLD
UHTXHU VHMD R PHVPR SHGLGR UHDYDOLDGR DSyV D UHVSRVWD GR UpX D
WtWXOR GH WXWHOD GH HYLGrQFLD TXDQGR QmR UHVWDUi TXDOTXHU G~YLGD
TXDQWR j VXD LQDGLPSOrQFLD DQWH D LQH[LVWrQFLD GH FRPSURYDQWHV GH
SDJDPHQWR GDV SDUFHODV DMXVWDGDV QR FRQWUDWR FRQFHGHQGRVH D
WXWHODGHUHLQWHJUDomRGHSRVVHDQWHFLSDGDPHQWHRTXHGHVGHMiVH
UHTXHU
9,,±3HGLGRGHPpULWR
'LDQWH GH WRGR R H[SRVWR UHVWDQGR HYLGHQWH H FULVWDOLQR R GLUHLWR
TXHIXQGDPHQWDDSUHVHQWHDomRQRPpULWRUHTXHUDDXWRUD
D 6HMD D SUHVHQWH DomR MXOJDGD SURFHGHQWH FRP D FRQVHTXHQWH
GHFODUDomRGHUHVROXomRGRFRQWUDWRDOpPGDFRQGHQDomRGRUpXQR
SDJDPHQWR GH FXVWDV GHVSHVDV SURFHVVXDLV H KRQRUiULRV
DGYRFDWtFLRV WRUQDQGR GHILQLWLYD D UHLQWHJUDomR GH SRVVH
HYHQWXDOPHQWHGHIHULGDDWUDYpVGDDQWHFLSDomRGHWXWHODUHTXHULGD
&DVRQmRVHMDGHIHULGDDDQWHFLSDomRGHWXWHODGHXUJrQFLDRXGH
HYLGrQFLDRTXHVHDGPLWHDSHQDVSRUKLSyWHVHUHTXHUDDXWRUDDR
ILQDO VHMD GHFODUDGD D UHVROXomR GR FRQWUDWR H GHWHUPLQDGD D
UHLQWHJUDomR GD SRVVH GR LPyYHO H[SHGLQGRVH SDUD WDQWR R
FRPSHWHQWH PDQGDGR FRP D FRQGHQDomR GR UpX QR SDJDPHQWR GH
FXVWDV GHVSHVDV SURFHVVXDLV H KRQRUiULRV DGYRFDWtFLRV TXH 9RVVD
([FHOrQFLDDUELWUDUQRVOLPLWHVOHJDLV
2XWURVVLP UHTXHU VHMDP REVHUYDGDV DV FOiXVXODV FRQWUDWXDLV QD
GHYROXomR GDV SDUFHODV SDJDV SHOR 5pX FRQIRUPH GLVSRVWR QHVWD
H[RUGLDO
E$FRQGHQDomRGRUpXQRSDJDPHQWRGHDOXJXpLVSHORWHPSRHP
TXHSHUPDQHFHXQDSRVVHGRLPyYHO,QVWUXPHQWR3DUWLFXODUGH9HQGD
H &RPSUD FOiXVXOD ;; † ;ž LQ ILQH DFUHVFLGRV GRV LPSRVWRV
YHQFLGRV H WD[DV FRQGRPLQLDLV QmR SDJDV H TXH UHFDLUmR VREUH R


LPyYHOREMHWRGHVWDUHIUHJDDSXUDGRVHPOLTXLGDomRTXHGHYHUmRVHU
VXEWUDtGRV GR YDORU D UHVWLWXLU FRP D FRQGHQDomR GR VDOGR
HYHQWXDOPHQWHIDYRUiYHOjDXWRUD
9,,,±&LWDomR
7UDWDQGRVH D Up GH SHVVRD MXUtGLFD UHTXHUVH TXH D FLWDomR VHMD
HIHWXDGD SRU LQWHUPpGLR GR VLVWHPD GH FDGDVWUR GH SURFHVVRV HP
DXWRVHOHWU{QLFRVQRVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR
&LYLO RX FDVR D Up QmR FRQWH FRP R FDGDVWUR REULJDWyULR TXH VHMD
FLWDGDSHORFRUUHLRQRVWHUPRVGRVDUWV,HGR&yGLJR
GH 3URFHVVR &LYLO SDUD UHVSRQGHU QR SUD]R GH  TXLQ]H GLDV DUW
 GR &yGLJR GH 3URFHVVR &LYLO VRE SHQD GH VHUHP WLGRV SRU
YHUGDGHLURV WRGRV RV IDWRV DTXL DOHJDGRV DUW  GR &yGLJR GH
3URFHVVR &LYLO GHYHQGR R UHVSHFWLYR PDQGDGR FRQWHU R SUD]R SDUD
UHVSRVWDRMXt]RHRFDUWyULRFRPRUHVSHFWLYRHQGHUHoR
2X
5HTXHUVH TXH D FLWDomR GD Up VHMD HIHWXDGD SHOR FRUUHLR QRV
WHUPRVGRVDUWV,HGR&yGLJRGH3URFHVVR&LYLOSDUD
UHVSRQGHU QR SUD]R GH  TXLQ]H GLDV DUW  GR &yGLJR GH
3URFHVVR &LYLO VRE SHQD GH VHUHP WLGRV SRU YHUGDGHLURV WRGRV RV
IDWRVDTXLDOHJDGRVDUWGR&yGLJRGH3URFHVVR&LYLOGHYHQGRR
UHVSHFWLYRPDQGDGRFRQWHURSUD]RSDUDUHVSRVWDRMXt]RHRFDUWyULR
FRPRUHVSHFWLYRHQGHUHoR
2X
1RVWHUPRVGRDUW,,GR&yGLJRGH3URFHVVR&LYLOMXVWLILFDUR
PRWLYR SRVWR TXH D FLWDomR SRU 2ILFLDO GH -XVWLoD p VXEVLGLiULD
UHTXHUVHDFLWDomRGDUpSRULQWHUPpGLRGR6U2ILFLDOGH-XVWLoDSDUD
TXHUHQGRUHVSRQGHUQRSUD]RGHTXLQ]HGLDVDUWGR&yGLJR
GH3URFHVVR&LYLOVRESHQDGHVHUHPWLGRVSRUYHUGDGHLURVWRGRVRV
IDWRVDTXLDOHJDGRVDUWGR&yGLJRGH3URFHVVR&LYLOGHYHQGRR
UHVSHFWLYR PDQGDGR FRQWHU DV ILQDOLGDGHV GD FLWDomR DV UHVSHFWLYDV
GHWHUPLQDo}HV H FRPLQDo}HV EHP FRPR D FySLD GR GHVSDFKR GRD
00 -XL]D FRPXQLFDQGR DLQGD R SUD]R SDUD UHVSRVWD R MXt]R H R
FDUWyULR FRP R UHVSHFWLYR HQGHUHoR IDFXOWDQGRVH DR 6U 2ILFLDO GH
-XVWLoD HQFDUUHJDGR GD GLOLJrQFLD SURFHGHU QRV GLDV H KRUiULRV GH


H[FHomR&3&DUW†ž
,;±$XGLrQFLDGH&RQFLOLDomR
1RV WHUPRV GR DUW  † ž GR &yGLJR GH 3URFHVVR &LYLO R DXWRU
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR R DXWRU GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
;±3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
;,±9DORUGDFDXVD
'iVHjFDXVDRYDORUGH
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGR2$%63
'RFXPHQWR
3URFXUDomRH&RQWUDWRVRFLDOGD$XWRUD
'RFXPHQWR
&RQWUDWRUHVFLQGHQGR
'RFXPHQWR
1RWLILFDomRFRPSURYDQGRDUHJXODUFRQVWLWXLomRHPPRUD


 3.2. CONTESTAÇÃO COM RECONVENÇÃO

([PR6U'U-XL]GH'LUHLWRGD9DUD&tYHOGR)RUR&HQWUDO

GD&RPDUFDGD&DSLWDO±63
$XWRVQž±2UGLQiULD
 Mi TXDOLILFDGD QRV DXWRV GD DomR GH UHVROXomR FRQWUDWXDO
FXPXODGD FRP UHLQWHJUDomR GH SRVVH TXH OKH PRYH  YHP
UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD SRU VHXV SURFXUDGRUHV
GRFXPHQWRTXHUHFHEHPLQWLPDo}HVQDDSUHVHQWDUVXD
&RQWHVWDomR
R TXH ID] FRP VXSHGkQHR QR DUW  H VHJXLQWHV GR &yGLJR GH
3URFHVVR &LYLO H QRV DUJXPHQWRV IiWLFRV H MXUtGLFRV TXH D VHJXLU
DUWLFXODGDPHQWHSDVVDDDGX]LU
,±5HVXPRGDLQLFLDO
$ DXWRUD SUHWHQGH D UHVROXomR GR FRQWUDWR FRP D FRQVHTXHQWH
UHLQWHJUDomR QD SRVVH GR LPyYHO DOHJDQGR SDUD WDQWR TXH D Up
HQFRQWUDVH LQDGLPSOHQWH QRWDGDPHQWH HP UD]mR GR SDJDPHQWR GDV
SDUFHODVGHVGH
5HDOL]DGDDDXGLrQFLDGHFRQFLOLDomRUHVWRXLQIUXWtIHUDPRWLYRSHOR
TXDOPLVWHUVHID]UHEDWHURVLQIXQGDGRVDUJXPHQWRVGDLQLFLDO
,VWRSRUTXHDSUHWHQVmRDXWRUDOFRPRIRUPXODGDpFRPSOHWDPHQWH
GHVSLGDGHIXQGDPHQWRIiWLFRHMXUtGLFR
,,±)DWRV
(P  D Up DGTXLULX GD DXWRUD R DSDUWDPHQWR  GR &RQGRPtQLR
ORFDOL]DGRQD5XDSHORSUHoRGH5
7RGDYLD R TXH QmR GLVVH D DXWRUD p TXH D Up GHL[RX GH SDJDU RV
YDORUHV HP YLUWXGH GD FREUDQoD GH MXURV H FRUUHo}HV HP GHVDFRUGR
FRPDOHL
3RUWDQWRUHVWDGHVFRQILJXUDGDDFXOSDDSWDDHQVHMDUDPRUD(P
YHUGDGH R FDVR YHUWHQWH p GH FXOSD H[FOXVLYD GD DXWRUD TXH FREUD
MXURVHFRUUHo}HVLOHJDLV
(VTXHFHX D DXWRUD GH PHQFLRQDU WDPEpP TXH D Up SDJRX


DWXDOL]DGRV 5  GR YDORU WRWDO GR LPyYHO GH DFRUGR FRP
FRPSURYDQWHV GH SDJDPHQWR DQH[RV H SODQLOKD IRUQHFLGD SRU HOD
SUySULD GRFXPHQWR  R TXH FRQILJXUD FODUDPHQWH R DGLPSOHPHQWR
VXEVWDQFLDODSWRDLPSHGLUDSUHWHQVmRH[RUGLDO
1HVWDPHGLGD

7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³&RPSURPLVVR GH FRPSUD H YHQGD
&RQVLJQDomR HP SDJDPHQWR $omR GH UHVFLVmR GH FRQWUDWR HP DSHQVR
%RDIp REMHWLYD $GLPSOHPHQWR VXEVWDQFLDO 5HFRQKHFLPHQWR 5HFXUVR
SURYLGR&RPSURPLVVRGHYHQGDHFRPSUD3HGLGRGHGHSyVLWRMXGLFLDO
GHSUHVWDo}HVHPDWUDVR1RWLILFDomRSDUDUHVFLVmRGRDMXVWH&OiXVXOD
UHVROXWLYDH[SUHVVD)OH[LELOL]DomR7HRULDGR$GLPSOHPHQWRVXEVWDQFLDO
&RPSURPLVVRGHFRPSUDHYHQGD3DJDPHQWRGRVLQDOHGHGH]HVVHWH
SUHVWDo}HV 0RUD QDV GH] ~OWLPDV SUHVWDo}HV 'HSyVLWR MXGLFLDO
6XEVHTXHQWH DomR GH UHVFLVmR GR DMXVWH QD TXDO RV DXWRUHV
UHFRQKHFHUHPYDORULQIHULRUGRGpELWRHRLQWHUHVVHQDSXUJDGDPRUD
7HRULD GR DGLPSOHPHQWR VXEVWDQFLDO GHFRUUHQWH GD FOiXVXOD JHUDO GD
ERDIp $XWRUL]DomR SDUD D IOH[LELOL]DomR GDV UHJUDV TXDQWR DR
DGLPSOHPHQWR FRQWUDWXDO 2 FXPSULPHQWR GD SUHVWDomR DVVXPLGD QmR
SRGH VHU DQDOLVDGR GH IRUPD LVRODGD PDV QR FRQWH[WR GH WRGD D
REULJDomRFRPRXPSURFHVVR6HQWHQoDUHIRUPDGD5HFXUVRSURYLGR´
5HODWRU &DUORV $OEHUWR *DUEL ± &RPDUFD -XQGLDt ± ÏUJmR MXOJDGRU 
&kPDUD GH 'LUHLWR 3ULYDGR ± 'DWD GR MXOJDPHQWR  ± 'DWD GH
UHJLVWUR

'HPDLVGLVVRSUHWHQGHDDXWRUDLQDGPLVVtYHOFXPXODomRGHSHUGDV
H GDQRV FRP FOiXVXOD SHQDO FRPSHQVDWyULD TXH GH TXDOTXHU IRUPD
QmRSRGHPVHUSOHLWHDGDV
&RPR VH GHPRQVWUDUi WDO SUHWHQVmR p GHVFDELGD D WHRU GR DUW 
GR&yGLJRGH'HIHVDGR&RQVXPLGRUDWpHPYLUWXGHGDDXVrQFLDGH
FXOSD GD Up SUHVVXSRVWR GR GHYHU GH LQGHQL]DU QR kPELWR GD
UHVSRQVDELOLGDGHFRQWUDWXDO
,,,±3UHOLPLQDUPHQWH&3&DUW
D,QFRUUHomRGRYDORUGDGRjFDXVD
$WULEXLXRDXWRUjFDXVDRYDORUGH5
7RGDYLDQRYHUWHQWHFDVRRYDORUGDFDXVDGHYHFRUUHVSRQGHUDR


YDORU GR FRQWUDWR TXH EXVFD GHVID]HU IOV DQWH R FULVWDOLQR
PDQGDPHQWRGRDUW,,GR&yGLJRGH3URFHVVR&LYLO

³$UW  2 YDORU GD FDXVD FRQVWDUi GD SHWLomR LQLFLDO RX GD
UHFRQYHQomRHVHUi

,,±QDDomRTXHWLYHUSRUREMHWRDH[LVWrQFLDDYDOLGDGHRFXPSULPHQWR
D PRGLILFDomR D UHVROXomR D UHVLOLomR RX D UHVFLVmR GH DWR MXUtGLFR R
YDORUGRDWRRXRGHVXDSDUWHFRQWURYHUWLGD´

/RJRRYDORUGDFDXVDGHYHVHUFRUULJLGRSRU9RVVD([FHOrQFLDQRV
WHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLOGHWHUPLQDQGRR
FRPSOHPHQWRGDVFXVWDVQRSUD]ROHJDOVRESHQDGHLQGHIHULPHQWRGD
LQLFLDO&3&DUWSDUiJUDIR~QLFR
E,QFRPSHWrQFLD&3&DUW
2 FRQWUDWR TXHVWLRQDGR j WRGD HYLGrQFLD HQFHUUD UHODomR GH
FRQVXPR
(P FRQVRQkQFLD FRP R DFDWDGR D DomR GHYHULD WHU VLGR SURSRVWD
QRGRPLFtOLRGRUpXRUDFRQWHVWDQWHHQmRIRL
6HQGR DVVLP QRV WHUPRV GR DUW  , GR &yGLJR GH 'HIHVD GR
&RQVXPLGRU UHTXHU VHMD UHFRQKHFLGD D LQFRPSHWrQFLD GR MXt]R H
GHWHUPLQDGD D UHPHVVD GR SURFHVVR DR IRUR  LQFOXVLYH FRP D
VXVSHQVmRGDDXGLrQFLDGHFRQFLOLDomRMiGHVLJQDGD&3&DUW
1HVWH FDVR QRV WHUPRV GR DUW  GR &3& D FRQWHVWDomR GHYH
VHUDSUHVHQWDGDGHVGHORJRHQmRDSyVDDXGLrQFLDRXSHWLomRTXHD
GLVSHQVD
F,OHJLWLPLGDGHGHSDUWH
1RYHUWHQWHFDVRHPERUDRUpXILJXUHQRFRQWUDWRQDTXDOLGDGHGH
SURPLWHQWH FRPSUDGRU FHUWR p TXH FHGHX RV GLUHLWRV DR 6U 
FRQIRUPHLQVWUXPHQWRGHFHVVmRDQH[RGRFXPHQWR
(PERUDQmRWHQKDGDGRFRQKHFLPHQWRjDXWRUDGDYHUWHQWHFHVVmR
FHUWR p TXH QRV WHUPRV GR DUW  GR &yGLJR GH 3URFHVVR &LYLO D
DXWRUDGHYHVHULQWLPDGDDVHPDQLIHVWDUVREUHDYHUWHQWHSUHOLPLQDUH
EHPDVVLPDOWHUDUDSHWLomRLQLFLDOUHWLILFDQGRDSDUDVXEVWLWXLURRUD
FRQWHVWDQWH


 GHPDLVSUHOLPLQDUHVGRDUW
6H DVVLP QmR HQWHQGHU 9RVVD ([FHOrQFLD H SRU FDXWHOD SDVVD R
UpXDUHEDWHURVDUJXPHQWRVGDLQLFLDO
,9±7DEHODSULFH±DQDWRFLVPR
1RGDFOiXVXODRFRQWUDWRREMHWRGDSUHVHQWHDomRHVWLSXOD
TXHDVSDUFHODVVmRDFUHVFLGDVGHMXURVjUD]mRGHDRPrVSHOR
VLVWHPDGDWDEHODSULFH
$WDEHODSULFH±FRPRpFRQKHFLGRRVLVWHPDIUDQFrVGHDPRUWL]DomR
± SRGH VHU GHILQLGD FRPR R VLVWHPD HP TXH D SDUWLU GR FRQFHLWR GH
MXURV FRPSRVWRV RX FDSLWDOL]DGRV MXURV VREUH MXURV HODERUDVH XP
SODQR GH DPRUWL]DomR HP SDUFHODV SHULyGLFDV LJXDLV H VXFHVVLYDV
FRQVLGHUDGRRWHUPRYHQFLGR1HVVHFDVRDVSDUFHODVVmRFRPSRVWDV
GH XP YDORU UHIHUHQWH DRV MXURV FDOFXODGR VREUH R VDOGR GHYHGRU
DPRUWL]DGRHRXWURUHIHUHQWHDSUySULDDPRUWL]DomR
7UDWDVHGHMXURVFDSLWDOL]DGRVGHIRUPDFRPSRVWDQDH[DWDPHGLGD
HPTXHVREUHRVDOGRDPRUWL]DGRpFDOFXODGRRQRYRVDOGRFRPEDVH
QRV MXURV VREUH DTXHOH DSOLFDGRV H VREUH HVWH QRYR VDOGR
DPRUWL]DGRPDLVXPDYH]RVMXURVHDVVLPSRUGLDQWH
&LWDQGRRSUHFODURSURIHVVRU0iULR*HUDOGR3HUHLUDHPGLVVHUWDomR
GHGRXWRUDPHQWRHQVLQD-RVp'XWUD9LHLUD6REULQKR

³$ GHQRPLQDomR 7DEHOD 3ULFH VH GHYH DR PDWHPiWLFR ILOyVRIR H WHyORJR
LQJOrV5LFKDUG3ULFHTXHYLYHXQRVpFXOR;9,,,HTXHLQFRUSRURXDWHRULD
GRV MXURV FRPSRVWRV jV DPRUWL]Do}HV GH HPSUpVWLPRV RX
ILQDQFLDPHQWRV $ GHQRPLQDomR ³6LVWHPD )UDQFrV´ GH DFRUGR FRP R
DXWRU FLWDGR GHYHVH DR IDWR GH R PHVPR WHUVH HIHWLYDPHQWH
GHVHQYROYLGR QD )UDQoD QR 6pFXOR ;,; (VVH VLVWHPD FRQVLVWH HP XP
SODQRGHDPRUWL]DomRGHXPDGtYLGDHPSUHVWDo}HVSHULyGLFDVLJXDLVH
VXFHVVLYDV GHQWUR GR FRQFHLWR GH WHUPRV YHQFLGRV HP TXH R YDORU GH
FDGDSUHVWDomRRXSDJDPHQWRpFRPSRVWRSRUGXDVSDUFHODVGLVWLQWDV
XPDGHMXURVHXPDGHFDSLWDOFKDPDGDDPRUWL]DomR´0iULR*HUDOGR
3HUHLUD 3ODQR EiVLFR GH DPRUWL]DomR SHOR VLVWHPD IUDQFrV H UHVSHFWLYR
IDWRUGHFRQYHUVmR'LVVHUWDomR'RXWRUDPHQWR6mR3DXOR)&($
DSXG-RVp'XWUD9LHLUD6REULQKRREFLWS

$WDEHODSULFHpRVLVWHPDGHDPRUWL]DomREDVHDGRQDFDSLWDOL]DomR


FRPSRVWDGHMXURV(QVLQD:DOWHU)UDQFLVFR

³7DEHODSULFHpDFDSLWDOL]DomRGRVMXURVFRPSRVWRV´:DOWHU)UDQFLVFR
0DWHPiWLFD)LQDQFHLUD6mR3DXOR$WODV

1RFDVRGHWDEHODSULFHSRUGHILQLomRRVMXURVVmRFDSLWDOL]DGRVGH
IRUPDFRPSRVWDMXURVVREUHMXURV
1R FDVR YHUWHQWH Ki SRUWDQWR VLVWHPD GH DPRUWL]DomR IUDQFrV H
MXURV TXDQWR j FDSLWDOL]DomR FODVVLILFDGRV FRPR FRPSRVWRV MXURV
VREUHMXURV
3RVWD DVVLP D TXHVWmR p GH VH GL]HU TXH RV MXURV DSOLFDGRV DRV
FRQWUDWRV QmR SRGHP HPEXWLU FDSLWDOL]DomR FRPSRVWD WDEHOD SULFH
FRQIRUPH R DUW ž GR 'HFUHWR  ± /HL GD 8VXUD 6~PXOD
GR67)HUHPDQVRVDMXULVSUXGrQFLD
2DUWžGR'HFUHWRHVWiDVVLPUHGLJLGR

³$UWžeSURLELGRFRQWDUMXURVGRVMXURV´

$OLiVQRVHQVLQDRLQVLJQH-RVp$IRQVRGD6LOYD

³$V FOiXVXODV TXH HVWLSXODUHP MXURV VXSHULRUHV VmR QXODV $ FREUDQoD

DFLPD GRV OLPLWHV HVWDEHOHFLGRV GL] R WH[WR VHUi FRQFHLWXDGD FRPR
FULPHGHXVXUDSXQLGRHPWRGDVDVVXDVPRGDOLGDGHVQRVWHUPRVHP
TXHDOHLGLVSXVHU1HVWHSDUWLFXODUSDUHFHQRVTXHDYHOKDOHLGHXVXUD
'HFQžDLQGDHVWiHPYLJRU´-RVp$IRQVRGD6LOYD&XUVRGH
'LUHLWR&RQVWLWXFLRQDO3RVLWLYRHG6mR3DXOR0DOKHLURVS

$MXULVSUXGrQFLDSiWULDWHPVHPDQLIHVWDGRDFHUFDGRWHPDTXHQmR
pQRYR

³6~PXOD  GR 67) e YHGDGD D FDSLWDOL]DomR GH MXURV DLQGD TXH
H[SUHVVDPHQWHFRQYHQFLRQDGD´
6XSHULRU 7ULEXQDO GH -XVWLoD ³&LYLO H &RPHUFLDO -XURV &DSLWDOL]DomR
/HL GH XVXUD 67- 6RPHQWH VH DGPLWH D FDSLWDOL]DomR GRV MXURV
KDYHQGR QRUPD OHJDO TXH H[FHSFLRQH D UHJUD SURLELWyULD HVWDEHOHFLGD QR
DUWžGR'HF/HLGH8VXUD´5(VSQž35±0LQ
&RVWD /HLWH ± XQkQLPH ±  7XUPD ± SXEO HP  ± )ORULVEHUWR
$OEHUWR %HUJHU [ %DQFR %DQGHLUDQWHV 6$ 9ROQHL /XL] 'HQDUGL H -~OLR
%DUERVD/HPHV)LOKR


 7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³&RPSURPLVVR GH FRPSUD H YHQGD
3HGLGR UHYLVLRQDO GH FRQWUDWR IXQGDGR HP DUJXLomR GH LOHJDOLGDGH GD
7DEHOD 3ULFH 6HQWHQoD GH LPSURFHGrQFLD ,QFRQIRUPLVPR GRV DXWRUHV
3URYLPHQWR,QFRQWURYHUVDXWLOL]DomRGD7DEHOD3ULFHSDUDDWXDOL]DomRGR
FRQWUDWR 3RVLFLRQDPHQWR GH TXH D XWLOL]DomR GD 7DEHOD 3ULFH LPSOLFD
RFRUUrQFLD GH MXURV VREUH MXURV YHGDGD SHOR RUGHQDPHQWR 5HFXUVR
SURYLGR´$SHODomR±5HODWRU3LYD5RGULJXHV
±&RPDUFD$UDoDWXED±ÏUJmRMXOJDGRU&kPDUDGH'LUHLWR3ULYDGR±
'DWDGRMXOJDPHQWR±'DWDGHUHJLVWUR

9±'HYHUGHLQGHQL]DU
7DQWRQRFDVRGHPRUDFRPRQRGHLQDGLPSOHPHQWRDEVROXWRPLVWHU
VHID]DFXOSDGRGHYHGRUVHPDTXDOQmRVHFRQILJXUDUiDREULJDomR
GHSDJDUFOiXVXODSHQDOFRPSHQVDWyULDSHUGDVHGDQRVQRVWHUPRV
GRVDUWVHGRQRYR&yGLJR&LYLO
1D H[DWD PHGLGD HP TXH R LQDGLPSOHPHQWR DEVROXWR RX D PRUD
SUHVXPHP D FXOSD GR GHYHGRU HVWD SUHVXQomR p UHODWLYD MXULV
WDQWXP GH WDO VRUWH TXH SRGH VHU DIDVWDGD SHOD FRPSURYDomR SHOR
GHYHGRU TXH R GHVFXPSULPHQWR GHFRUUHX GH IDWR FDXVDGR SHOR
SUySULRFUHGRU&yGLJR&LYLOGHDUWHQRYR&yGLJR&LYLODUW

(VWDpDOLomRGH6LOYLR5RGULJXHV

³D LQH[HFXomR GD REULJDomR Vy FRQGX]LUi DR GHYHU GH UHVVDUFLU VH
KRXYHFXOSDGRLQDGLPSOHQWH$VVLPGHSURQWRVHGHGX]VHUDFXOSD
HOHPHQWDU QD FDUDFWHUL]DomR GR LQDGLPSOHPHQWR´ 6LOYLR 5RGULJXHV
'LUHLWR &LYLO ± SDUWH JHUDO GDV REULJDo}HV 6mR 3DXOR 6DUDLYD  S


5HVWD FRPSOHWDPHQWH DIDVWDGD D FXOSD GD Up SHOD PRUD QR

SDJDPHQWR GDV SDUFHODV TXH GHFRUUHX ~QLFD H H[FOXVLYDPHQWH GDV
LOHJDOLGDGHV SHUSHWUDGDV SHOD DXWRUD TXH FREURX WDEHOD SULFH iYLGD
SRUOXFURVH[RUELWDQWHV
3RUWDQWRLQH[LVWHGHYHUGHLQGHQL]DUVHMDDWUDYpVGHFOiXVXODSHQDO
FRPSHQVDWyULDVHMDSHODSURYDGHSHUGDVHGDQRVID]HQGRVHPLVWHU
RUHWRUQRDRVWDWXVTXRDQWH
9, ± ,QDGPLVVtYHO SUHWHQVmR GD DXWRUD j FXPXODomR GH


FOiXVXODSHQDOFRPSHQVDWyULDHSHUGDVHGDQRVELVLQLGHP
'DOHLWXUDGDFOiXVXODGRFXPHQWRGDLQLFLDOLQYRFDGRVSHOD
DXWRUD SDUD SOHLWHDU FOiXVXOD SHQDO FRPSHQVDWyULD LQIHUHVH FOiXVXOD
DEXVLYDHQXODQRVWHUPRVGRVDUWVHGR&yGLJRGH'HIHVDGR
&RQVXPLGRU
$ XPD SRUTXH DIURQWD RV SUHFLWDGRV DUWLJRV H D GXDV SRUTXH
FXPXOD SHUGDV H GDQRV FRP FOiXVXOD SHQDO FRPSHQVDWyULD TXH Mi p
SUHIL[DomRGDVSHUGDVHGDQRVELVLQLGHP
$UGLORVDPHQWH QD VXUGLQD D DXWRUD VHP GHPRQVWUDU FODUDPHQWH
VXD SUHWHQVmR DWUDYpV GH FiOFXORV LQHTXtYRFRV WHQWD LQGX]LU 9RVVD
([FHOrQFLDHPHUURHEXUODURGLVSRVWRQRDUWGD/HL
3HORLWHPGHVXDH[RUGLDOFRPIXQGDPHQWRQDLQGLJLWDGDFOiXVXOD
SUHWHQGH
FXVWRVDGPLQLVWUDWLYRV
3,6
&2),16
&OiXVXODSHQDOFRPSHQVDWyULD†ž
DRPrVGHRFXSDomR
DRDQRGHGHSUHFLDomR
HWF
2UD ([FHOrQFLD GHVWD IRUPD DSHVDU GH WHU SDJR PDLV GH FHP PLO
UHDLVSHORDSDUWDPHQWR±FXMRYDORUWRWDOHVWLSXODGRSHODDXWRUDIRLGH
FHQWR H TXDUHQWD H TXDWUR PLO ± D Up VHULD FRPSHOLGD D UHVWLWXLU R
LPyYHOHDLQGDILFDULDGHYHQGRGRFXPHQWR
$VVLP D SHUGD GDV SUHVWDo}HV SDJDV VLJQLILFDULD JHQXtQR
HQULTXHFLPHQWRLOtFLWRSRUSDUWHGDDXWRUDSRLVDUpTXHSDJRXJUDQGH
SDUWH GR SUHoR SHUGHULD R LPyYHO H DV SUHVWDo}HV SDJDV (P
FRQWUDSDUWLGD D DXWRUD UHFHEHULD GH YROWD R LPyYHO SDUD VHU
QRYDPHQWH YHQGLGR H FRQVHUYDULD RV YDORUHV SDJRV SHOD Up YLGH
GRFXPHQWRIRUQHFLGRSHODDXWRUDjUp
2 LPSRUWDQWH p TXH QmR Ki SRVVLELOLGDGH GH FREUDQoD GD FOiXVXOD
SHQDO FRPSHQVDWyULD SUHIL[DomR GDV SHUGDV H GDQRV FRQMXQWDPHQWH
FRP SHUGDV H GDQRV (QWUHWDQWR p H[DWDPHQWH LVVR TXH SOHLWHLD D


DXWRUD $GPLWLGD D WHUDWROyJLFD H LOHJDO SUHWHQVmR HVWDUVHLD
LQFRUUHQGRHPELVLQLGHP

7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³&RPSURPLVVR GH FRPSUD H YHQGD
5HVFLVmR &XOSD GRV FRPSURPLVViULRV FRPSUDGRUHV 3UHWHQVmR j
FXPXODomR GH SHQD FRPSHQVDWyULD FRP R UHVVDUFLPHQWR GRV SUHMXt]RV
UHDLV ,QDGPLVVLELOLGDGH &ULWpULR TXH OHYD j SHUGD GD WRWDOLGDGH GDV
SUHVWDo}HV SDJDV 2IHQVD DR DUW  GR &yGLJR GH 'HIHVD GR
&RQVXPLGRU 'LUHLWR DSHQDV j SHQD FRPSHQVDWyULD UHGX]LGD SHOD
PHWDGH GLDQWH GD H[HFXomR SDUFLDO GR FRQWUDWR $omR SULQFLSDO H
UHFRQYHQomR SDUFLDOPHQWH SURFHGHQWHV 6H QmR Ki G~YLGD GH TXH R
LQDGLPSOHPHQWR FRQWUDWXDO p GRV FRPSURPLVViULRV FRPSUDGRUHV SRU
HVWHV FRQIHVVDGRV QD LQLFLDO D DomR SULQFLSDO TXH FRQWLQKD HP XP GH
VHXVSHGLGRVDUHVFLVmRFRQWUDWXDOQmRSRGHULDVHUMXOJDGDLQWHLUDPHQWH
SURFHGHQWH $ SURFHGrQFLD GD DomR SULQFLSDO GL] VRPHQWH FRP R
UHHPEROVR GRV YDORUHV SDJRV SHORV FRPSURPLVViULRV FRPSUDGRUHV
-XOJDVH WDPEpP SURFHGHQWH HP SDUWH D UHFRQYHQomR SDUD GHFUHWDU D
UHVFLVmRFRQWUDWXDOSRUFXOSDGRVFRPSURPLVViULRVFRPSUDGRUHVFRPD
FRQGHQDomR GHVWHV QR SDJDPHQWR GD SHQD FRPSHQVDWyULD UHGX]LGD j
PHWDGH e TXH YLROD R DUW  GR &yGLJR GH 'HIHVD GR &RQVXPLGRU
VHQGR QXOD GH SOHQR GLUHLWR D GLVSRVLomR FRQWUDWXDO TXH SUHYr D
FXPXODomR GD SHQD FRPSHQVDWyULD FOiXVXOD SHQDO FRP D UHSDUDomR
GDV SHUGDV H GDQRV HIHWLYRV LPSOLFDQGR QD KLSyWHVH QD SHUGD WRWDO GDV
TXDQWLDV SDJDV $ UHGXomR GD SHQD FRPSHQVDWyULD VH LPS}H 
SRUTXHVHGHXPODGRRVGHYHGRUHVH[HFXWDUDPHPSDUWHRFRQWUDWRGH
RXWUR HP VH WUDWDQGR GH FRQWUDWR YHUVDQGR VREUH LPyYHO HP IDVH GH
FRQVWUXomRQmRREWLYHUDPHOHVQHQKXPSURYHLWRGDFRLVD´$SHO&tYQž
±6mR3DXOR±&kPDUDGH'LUHLWR3ULYDGR±UHO5XLWHU2OLYD±
±YX
6XSHULRU 7ULEXQDO GH -XVWLoD ³'LUHLWR FLYLO 5HVFLVmR GH FRQWUDWR GH
FRPSUD H YHQGD GH LPyYHO H UHLYLQGLFDWyULD &OiXVXOD SHQDO H SHUGDV H
GDQRV ,QDFXPXODELOLGDGH e SRVVtYHO HPHQGDU D LQLFLDO FRQYHUWHQGR
SOHLWR SRVVHVVyULR HP SHWLWyULR PRUPHQWH TXDQGR HIHWXDGD DQWHV GD
FLWDomR GRV UpXV $GPLVVtYHO D UHLYLQGLFDWyULD TXDQGR VLPXOWDQHDPHQWH
UHVFLQGLGR R FRQWUDWR GH FRPSUD H YHQGD 2 SDJDPHQWR GH FOiXVXOD
SHQDOFRPSHQVDWyULDH[FOXLDSRVVLELOLGDGHGHH[LJLUVHDLQGDDVROXomR
GH SHUGDV H GDQRV 5HFXUVRV HVSHFLDLV SDUFLDOPHQWH FRQKHFLGRV H
QHVVD SDUWH SURYLGRV´ 5(VS 07 ± 5HFXUVR (VSHFLDO
 ± 0LQLVWUR &HVDU $VIRU 5RFKD ± 4XDUWD 7XUPD ±


 

$G DUJXPHQWDQGXP WDQWXP Mi TXH QmR Ki IDODUVH HP FOiXVXOD
SHQDO HP YLUWXGH GD DXVrQFLD GH FXOSD GD Up R DUW  GR &yGLJR
&LYLO GHWHUPLQD 1mR FXPSULGD D REULJDomR UHVSRQGH R GHYHGRU SRU
SHUGDV H GDQRV PDLV MXURV H DWXDOL]DomR PRQHWiULD VHJXQGR tQGLFHV
RILFLDLVUHJXODUPHQWHHVWDEHOHFLGRVHKRQRUiULRVGHDGYRJDGR
(QWUHWDQWR HVVHV SUHMXt]RV GHYHP VHU SURYDGRV H R {QXV GHVVD
SURYDSHUWHQFHDRSUHMXGLFDGR
3RVWDDVVLPDTXHVWmRDDXWRUDQmRFRPSURYRXTXDOTXHUSUHMXt]R
VHTXHURUHFROKLPHQWRGRVWULEXWRVTXHSUHWHQGHFREUDUGDUp
6HRYDORUSUHIL[DGRQmRpVXILFLHQWHSDUDFREULUDVSHUGDVHGDQRV
HPIDFHGDLQH[HFXomRRFUHGRUGHYHUiGHL[DUGHODGRDHVWLSXODomR
GDFOiXVXODSHQDOHFREUDURVSUHMXt]RVH[SHULPHQWDGRVSURYDQGRRV
PDVMDPDLVFXPXODUXQVHRXWURV
,QWHUSUHWDQGRRDUWGR&yGLJR&LYLOGHTXHFRUUHVSRQGH
DRDUWGRQRYR&yGLJR&LYLOHQVLQD6LOYLR5RGULJXHV

³3RUWDQWRWHPRGHYHGRUDHVFROKD2XSUHIHUHRUHPpGLRRUGLQiULRTXH
DOHLOKHFRQIHUHHUHFODPDLQGHQL]DomRGRVGDQRVFRPRVHDFOiXVXOD
SHQDOLQH[LVWLVVHRXVHOKHSDUHFHUPDLVFRQYHQLHQWHGHPDQGDDSHQDV
D PXOWD FRQYHQFLRQDO ILFDQGR GLVSHQVDGR GH HYLGHQFLDU D H[LVWrQFLD GH
TXDOTXHU SUHMXt]R´ 6LOYLR 5RGULJXHV 'LUHLWR &LYLO 3DUWH JHUDO 'DV
REULJDo}HV6mR3DXOR6DUDLYDS

9,, ± &yGLJR GH 'HIHVD GR &RQVXPLGRU DUW  ±

LPSRVVLELOLGDGHGHSHUGLPHQWRGDVSDUFHODV
$ MXULVSUXGrQFLD SiWULD Mi ILUPRX HQWHQGLPHQWR SDFtILFR DFHUFD GD
LPSRVVLELOLGDGH GH SHUGLPHQWR GDV SDUFHODV SDJDV QRV WHUPRV
SUHWHQGLGRVSHODDXWRUD
&RPHIHLWRGLVS}HRDUWGD/HL

³1RV FRQWUDWRV GH FRPSUD H YHQGD GH PyYHLV RX LPyYHLV PHGLDQWH
SDJDPHQWR HP SUHVWDo}HV EHP FRPR QDV DOLHQDo}HV ILGXFLiULDV HP
JDUDQWLD FRQVLGHUDPVH QXODV GH SOHQR GLUHLWR DV FOiXVXODV TXH
HVWDEHOHoDPDSHUGDWRWDOGDVSUHVWDo}HVSDJDVHPEHQHItFLRGRFUHGRU
TXH HP UD]mR GR LQDGLPSOHPHQWR SOHLWHDU D UHVROXomR GR FRQWUDWR H D


 UHWRPDGDGRSURGXWRDOLHQDGR´

(P WDO VLWXDomR D SHUGD WRWDO GDV SUHVWDo}HV SDJDV VLJQLILFDULD

YHUGDGHLUR HQULTXHFLPHQWR LOtFLWR SRU SDUWH GR FUHGRU SRLV R GHYHGRU
TXH SDJRX SDUWH GR SUHoR PDV QmR R SDJRX SRU LQWHLUR SHUGHULD D
FRLVDHDVSUHVWDo}HVSDJDV(PFRQWUDSDUWLGDRFUHGRUUHFHEHULDGH
YROWD D FRLVD H FRQVHUYDULD DV SUHVWDo}HV SDJDV $OEHUWR GR $PDUDO
-U&RPHQWiULRVDR&yGLJRGH'HIHVDGR&RQVXPLGRU±REUDFROHWLYD
FRRUG-XDUH]GH2OLYHLUD6mR3DXOR6DUDLYDS
1HVVH VHQWLGR D Up SHGH YrQLD SDUD FLWDU DV GHFLV}HV DEDL[R
FRODFLRQDGDVDGPLWLQGRRSHUGLPHQWRGHGRVYDORUHVSDJRV

6XSHULRU 7ULEXQDO GH -XVWLoD ³&RPSURPLVVR GH FRPSUD H YHQGD GH

LPyYHO 3HUGD GH SDUWH GDV SUHVWDo}HV SDJDV 3HUFHQWXDO TXH LPS}H
{QXV H[DJHUDGR SDUD R SURPLWHQWH FRPSUDGRU &RQWUDWR ILUPDGR QD
YLJrQFLDGR&yGLJRGH'HIHVDGR&RQVXPLGRU3RVVLELOLGDGHGHUHGXomR
SHOR MXL] 5D]RDELOLGDGH GD UHWHQomR GH  GDV SDUFHODV SDJDV
3UHFHGHQWHV5HFXUVRSDUFLDOPHQWHDFROKLGR,±$VVHQWDGRQDLQVWkQFLD
PRQRFUiWLFD TXH D DSOLFDomR GD FOiXVXOD SHQDO FRPR SDFWXDGD QR
FRPSURPLVVR GH FRPSUD H YHQGD GH LPyYHO LPSRUWDULD HP {QXV
H[FHVVLYRSDUDRFRPSUDGRULPSRQGROKHQDSUiWLFDDSHUGDGDTXDVH
WRWDOLGDGH GDV SUHVWDo}HV SDJDV H DWHQGHQGRVH DR HVStULWR GR TXH
GLVS}H R DUW  GR &yGLJR GH 'HIHVD GR &RQVXPLGRU FXPSUH DR -XL]
DGHTXDU R SHUFHQWXDO GH SHUGD GDV SDUFHODV SDJDV D XP PRQWDQWH
UD]RiYHO ,, ± $ MXULVSUXGrQFLD GD 4XDUWD 7XUPD WHP FRQVLGHUDGR
UD]RiYHO HP SULQFtSLR D UHWHQomR SHOR SURPLWHQWH YHQGHGRU GH  GR
WRWDOGDVSDUFHODVTXLWDGDVSHORFRPSUDGRUOHYDQGRVHHPFRQWDTXHR
YHQGHGRU ILFD FRP D SURSULHGDGH GR LPyYHO SRGHQGR UHQHJRFLiOR
5HODWRU 0LQLVWUR 6DOYLR GH )LJXHLUHGR 7HL[HLUD´ $FyUGmR Qž 63
±5HFXUVR(VSHFLDO±GHFLVmRSRUXQDQLPLGDGHFRQKHFHU
GRUHFXUVRHGDUOKHSURYLPHQWRSDUFLDO±'DWDGDGHFLVmR±
7XUPD±SXEOLFDomR'-GHS
6XSHULRU 7ULEXQDO GH -XVWLoD ³$JUDYR UHJLPHQWDO HP DJUDYR GH
LQVWUXPHQWR 'LUHLWR &LYLO 3URPHVVD GH FRPSUD H YHQGD 5HVLOLomR
SOHLWHDGD SHOR SURPLVViULR FRPSUDGRU 'HYROXomR GDV SDUFHODV SDJDV
3HUFHQWXDOTXHGHYHUHIOHWLUDVSHFXOLDULGDGHVGRFDVRFRQFUHWR$JUDYR
LPSURYLGR  (VWD &RUWH 6XSHULRU j OX] GH SUHFHGHQWHV ILUPDGRV SHOD
6HJXQGD6HomRHQWHQGHTXHµRFRPSURPLVViULRFRPSUDGRUTXHGHL[DGH


 FXPSULU R FRQWUDWR HP IDFH GD LQVXSRUWDELOLGDGH GD REULJDomR DVVXPLGD
WHP R GLUHLWR GH SURPRYHU DomR D ILP GH UHFHEHU D UHVWLWXLomR GDV
LPSRUWkQFLDV SDJDV¶ (5(VS 63 5HO 0LQLVWUR %DUURV 0RQWHLUR
6HJXQGD 6HomR MXOJDGR HP  '-  S  
3RUpP R SHUFHQWXDO D VHU UHWLGR SHOR YHQGHGRU EHP FRPR R YDORU GD
LQGHQL]DomR D VHU SDJD FRPR FRQWUDSUHVWDomR SHOR XVR GR LPyYHO VmR
IL[DGRV j OX] GDV SDUWLFXODULGDGHV GR FDVR FRQFUHWR UD]mR SHOD TXDO VH
PRVWUD LQYLiYHO D YLD GR UHFXUVR HVSHFLDO DR GHVLGHUDWR GH UHYHU R
TXDQWXP IL[DGR QDV LQVWkQFLDV LQDXJXUDLV GH MXULVGLomR 6~PXOD  
7HQGRHPYLVWDTXHRYDORUGHUHWHQomRGHWHUPLQDGRSHOR7ULEXQDODTXR
 GDV SDUFHODV SDJDV QmR VH GLVWDQFLD GR IL[DGR HP GLYHUVDV
RFDVL}HV SRU HVWD &RUWH 6XSHULRU D GHFLVmR RUD DJUDYDGD GHYH VHU
PDQWLGD  $JUDYR UHJLPHQWDO LPSURYLGR´ $J5J QR $J 52
5HO0LQLVWUR/XLV)HOLSH6DORPmR4XDUWD7XUPDMXOJDGRHP
'-H
7ULEXQDOGH-XVWLoDGH6mR3DXOR³&RPSURPLVVRGHFRPSUDHYHQGD±
DomRGHUHVFLVmRFRQWUDWXDOFFUHVWLWXLomRGHYDORUHVGHGDQRVPRUDLV
± UHVFLVmR ± LQGDGLPSOrQFLD GR FRPSUDGRU ± FRQWUDWR UHVFLQGLGR ±
UHWHQomRSHODYHQGHGRUDGHGRVYDORUHVSDJRV±LPSRVVLELOLGDGH±
SHUFHQWXDO TXH VH DIDVWD GR XVXDOPHQWH DSOLFDGR HP FDVRV VHP
XWLOL]DomR GR LPyYHO SHOR FRPSUDGRU ± UHWHQomR GH  TXH EHP
LQGHQL]D D YHQGHGRUD SHORV JDVWRV TXH FRP DGPLQLVWUDomR GH XP
QHJyFLR ± GHYROXomR GH WRGR YDORU ± WD[DV GH FRUUHWDJHP H 6$7, TXH
GHYHPWDPEpPVHUGHYROYLGDV±{QXVGDVXFXPErQFLDH[FOXVLYRVGDUp
± VHQWHQoD UHIRUPDGD 5HFXUVR SURYLGR´ 5HODWRU 1HYHV $PRULP ±
&RPDUFD 6mR 3DXOR ± ÏUJmR MXOJDGRU  &kPDUD GH 'LUHLWR 3ULYDGR ±
'DWDGRMXOJDPHQWR±'DWDGHUHJLVWUR

(QWUHWDQWRHQWHQGHDUpTXHPHVPRQHVVDKLSyWHVHSHUGLPHQWRGH
GRYDORUSDJRPLVWHUVHID]DFXOSDLQH[LVWHQWHQRFDVRYHUWHQWH
FRPRDPSODPHQWHORJURXGHPRQVWUDU
9,,, ± 5HFRQYHQomR &3& DUW  ± &XOSD GD DXWRUD SHOD
UHVROXomR±LQGHQL]DomRHUHWHQomRSRUEHQIHLWRULDV
&RPR DPSODPHQWH GHPRQVWUDGR QHVWD UHVSRVWD D FXOSD SHOD
UHVROXomR GR FRPSURPLVVR GH FRPSUD H YHQGD FHOHEUDGR HQWUH DV
SDUWHV p H[FOXVLYDPHQWH GD DXWRUD TXH IH] FRQVWDU FOiXVXODV
DEXVLYDV QRWDGDPHQWH TXDQWR j IRUPD LOHJDO GH FRQWDJHP GH MXURV


DQDWRFLVPR H EHP DVVLP LPSRVVLELOLWRX R FXPSULPHQWR GD
REULJDomR
'HPDLVGLVVRQRVWHUPRVGRDUWGR&yGLJR&LYLOFFDUW
;9, GR &'& D Up ID] MXV DR GLUHLWR GH UHWHQomR SHODV EHQIHLWRULDV
~WHLV H QHFHVViULDV TXH LQWURGX]LX QR LPyYHO FRQIRUPH GHVFULomR H
FDUDFWHUL]DomRHPGRFXPHQWRDQH[RjSUHVHQWHGRFXPHQWR
1HVVHVHQWLGRpGHVHGL]HUTXHR†žGDFOiXVXODGRFRQWUDWR
GRFXPHQWRGDLQLFLDOpLPRUDODIURQWDQGRRVSULQFtSLRVGDERDIpH
YHGDomRGRHQULTXHFLPHQWRVHPFDXVD$OpPGHLPRUDOpLOHJDODWHRU
GRTXHGLVS}HPRVDUWVž,99,,9;9GR&yGLJRGH'HIHVDGR
&RQVXPLGRU
2UDDUpLQWURGX]LXGHERDIpDFHVV}HVHEHQIHLWRULDV
2 DUW  GR &yGLJR &LYLO JDUDQWH R GLUHLWR GH UHWHQomR SHODV
EHQIHLWRULDV~WHLVHQHFHVViULDVDVVHJXUDQGRLJXDOPHQWHRGLUHLWRGH
LQGHQL]DomRDRSRVVXLGRUGHERDIp
$VVLP GH DFRUGR FRP R DUW  , GD /HL  &'& TXH
LQTXLQDGHQXOLGDGHFOiXVXODVTXHLPSOLTXHPDUHQ~QFLDRXGLVSRVLomR
GHGLUHLWRVpQXORR†žGDFOiXVXODGRFRQWUDWRTXHGHWHUPLQDR
SHUGLPHQWRWRWDOGDVEHQIHLWRULDV
3RUWDQWR D Up SRVVXL FULVWDOLQR GLUHLWR GH UHWHQomR GR LPyYHO SHODV
EHQIHLWRULDVTXHLQWURGX]LXGHYLGDPHQWHGHVFULWDVHFDUDFWHUL]DGDVQR
GRFXPHQWR
1HVVHVHQWLGRH[HPSODUGHFLVmR

7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³&RPSURPLVVR GH YHQGD H FRPSUD
5HVFLVmR GR FRQWUDWR UHLQWHJUDomR GH SRVVH H FRQGHQDomR HP
SDJDPHQWR GH DOXJXHUHV 1HFHVViULD GHYROXomR GRV YDORUHV SDJRV SHOD
FRPSUDGRUD H YDORUHV UHIHUHQWHV D EHQIHLWRULDV 6HQWHQoD GH
SURFHGrQFLD GD DomR H DFROKLPHQWR SDUFLDO GD UHFRQYHQomR 0DLV
DGHTXDGR GHFODUDU D VXFXPErQFLD UHFtSURFD 5HFXUVR SURYLGR HP SDUWH
SDUD HVVD ILQDOLGDGH´ $SHODomR  ± 5HODWRU
7HL[HLUD /HLWH ± &RPDUFD ,QGDLDWXED ± ÏUJmR MXOJDGRU  &kPDUD GH
'LUHLWR 3ULYDGR ± 'DWD GR MXOJDPHQWR  ± 'DWD GH UHJLVWUR

,; ± 3HGLGR GH WXWHOD SURYLVyULD GH XUJrQFLD GH QDWXUH]D


DQWHFLSDGD
9LVOXPEUDVH TXH 9RVVD ([FHOrQFLD QmR GHIHULX D WXWHOD SURYLVyULD
UHTXHULGDQDH[RUGLDOSRVWHUJDQGRDGHFLVmRSDUDPRPHQWRSRVWHULRU
jDXGLrQFLDGHFRQFLOLDomRHHYHQWXDOGHIHVD
3RU WRGR R H[SRVWR UHVWD LQYLiYHO D WXWHOD DQWHFLSDWyULD SUHWHQGLGD
SHODDXWRUD$XPDSRUTXHDUpSRVVXLLQHTXtYRFRGLUHLWRGHUHWHQomR
SHODV EHQIHLWRULDV TXH LQWURGX]LX QR LPyYHO H D GXDV SRUTXH QmR
HVWmR SUHVHQWHV RV UHTXLVLWRV GRV DUWV  H VHJXLQWHV H  GR
&yGLJRGH3URFHVVR&LYLOVHTXHUGHPRQVWUDGRVQDH[RUGLDO
7RUQRXVHSUD[HRUHTXHULPHQWRGHWXWHODDQWHFLSDGDQDVDo}HVGH
FRQKHFLPHQWRPHVPRVHPIXQGDPHQWR([DWDPHQWHDVVLPSURFHGHD
DXWRUD ± WXGR SHGH SDUD DOJR FRQVHJXLU ± UHTXHUHQGR XPD WXWHOD GH
XUJrQFLDVHPGHPRQVWUDURVUHTXLVLWRVGDPHGLGDGHH[FHomR
2UDRDUWGR&yGLJRGH3URFHVVR&LYLOUHTXHULQGHOHYHOPHQWHR
SHULJR QD GHPRUD GD SUHVWDomR GD WXWHOD MXULVGLFLRQDO SHULFXOXP LQ
PRUD
&RPHIHLWRHVWHUHTXLVLWRQmRHVWiSUHVHQWHPRUPHQWHTXHREHP
GDYLGDpRLPyYHOTXHQmRGHVDSDUHFHUiDWpRGHVOLQGHGDDomR
'HPDLV GLVVR D WHRU GR SHGLGR IRUPXODGR SHOD DXWRUD GH
DXWRUL]DomR GD YHQGD GR LPyYHO Ki ULVFR GH FRPSURPHWLPHQWR GR
GLUHLWRGHWHUFHLURVHGDVHJXUDQoDGRVQHJyFLRVMXUtGLFRVRTXHWRUQD
LPSRVVtYHODWXWHODDQWHFLSDGD
2 DUW  † ž GR &yGLJR GH 3URFHVVR &LYLO LPSHGH GH IRUPD
DEVROXWD R UHVXOWDGR FRQVLVWHQWH HP DOLHQDomR GH GRPtQLR HIHLWR
GLUHWR GD WXWHOD DQWHFLSDWyULD GHVHMDGD LQIHUrQFLD TXH VH H[WUDL GD
LUUHYHUVLELOLGDGHGDPHGLGDVHDGRWDGD
1HVVHVHQWLGR

7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³7XWHOD DQWHFLSDGD ,QGHIHULPHQWR

5HVFLVmR FRQWUDWXDO &RPSURPLVVR GH FRPSUD H YHQGD HQWUH
SDUWLFXODUHV 5HLQWHJUDomR GH SRVVH ,QYLDELOLGDGH 1HFHVVLGDGH GH
SUpYLD LQWHUYHQomR MXGLFLDO SDUD D UHVFLVmR GR FRQWUDWR 3URYLPHQWR
QHJDGR´ $JUDYR GH ,QVWUXPHQWR  ± 5HODWRU
&DHWDQR /DJUDVWD ± &RPDUFD 5LEHLUmR 3UHWR ± ÏUJmR MXOJDGRU 
&kPDUD GH 'LUHLWR 3ULYDGR ± 'DWD GR MXOJDPHQWR  ± 'DWD GH


 UHJLVWUR
;±3HGLGR
3HORH[SRVWRUHTXHUDDXWRUDGLJQHVH9RVVD([FHOrQFLDGH
D4XDQWRjVSUHOLPLQDUHV
D (P UHODomR DR YDORU GD FDXVD R YDORU DWULEXtGR SHOD DXWRUD
GHYHVHUFRUULJLGRSRU9RVVD([FHOrQFLDQRVWHUPRVGRDUW†ž
GR&yGLJRGH3URFHVVR&LYLOGHWHUPLQDQGRRFRPSOHPHQWRGDVFXVWDV
QR SUD]R OHJDO VRE SHQD GH LQGHIHULPHQWR GD LQLFLDO &3& DUW 
SDUiJUDIR~QLFR
D ,QFRPSHWrQFLD &3& DUW  WUDWDQGRVH GH UHODomR GH
FRQVXPR QRV WHUPRV GR DUW  , GR &yGLJR GH 'HIHVD GR
&RQVXPLGRUUHTXHURUpXVHMDUHFRQKHFLGDDLQFRPSHWrQFLDGRMXt]RH
GHWHUPLQDGD D UHPHVVD GR SURFHVVR DR IRUR  LQFOXVLYH FRP D
VXVSHQVmRGDDXGLrQFLDGHFRQFLOLDomRMiGHVLJQDGD&3&DUW
D ,OHJLWLPLGDGH GH SDUWH 1RV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR&LYLOHPUD]mRGDFHVVmRQRWLFLDGDjIOVDDXWRUDGHYH
VHU LQWLPDGD D VH PDQLIHVWDU H EHP DVVLP DOWHUDU D SHWLomR LQLFLDO
UHWLILFDQGRDSDUDVXEVWLWXLURRUDFRQWHVWDQWH
E4XDQWRjUHFRQYHQomR&3&DUW
(PUD]mRGDUHFRQYHQomRFXMDVUD]}HVIRUDPODQoDGDVQRLWHP,;
DFLPDQRWDGDPHQWHHPUD]mRGD FREUDQoDGHMXURVLOHJDLVUHTXHUR
UpX R MXOJDPHQWR GH VXD SURFHGrQFLD GHFODUDQGR D UHVROXomR GR
FRQWUDWR SRU FXOSD GD DXWRUD UHFRQYLQGD FRP D GHYROXomR WRWDO GDV
SDUFHODV SDJDV DWXDOL]DGDV PRQHWDULDPHQWH H FRP MXURV GHVGH FDGD
GHVHPEROVR

6XSHULRU7ULEXQDOGH-XVWLoD ³$JUDYR UHJLPHQWDO 5HFXUVR (VSHFLDO GD

SDUWH DGYHUVD SURYLGR 5HVLOLomR GH FRQWUDWR GH FRPSUD H YHQGD GH
LPyYHO &XOSD GD FRQVWUXWRUD 'HYROXomR GH SDUFHODV SDJDV SHOR
DGTXLUHQWH -XURV GH PRUD 7HUPR D TXR 'HVHPEROVR GH FDGD
SUHVWDomR 5HFXUVR D TXH VH QHJD SURYLPHQWR  'H DFRUGR FRP D
MXULVSUXGrQFLD GHVWD &RUWH QRV FDVRV GH UHVFLVmR GH FRQWUDWR GH
FRPSUD H YHQGD GH LPyYHO SRU FXOSD GD FRQVWUXWRUD D UHVWLWXLomR GDV
SDUFHODV SDJDV SHOR DGTXLUHQWH GHYH VHU UHDOL]DGD FRP LQFLGrQFLD GH
MXURVGHPRUDGHVGHRHIHWLYRGHVHPEROVRGHFDGDSUHVWDomR$JUDYR


 UHJLPHQWDO QmR SURYLGR´ $J5J QR $5(VS 0* ± 5HO 0LQLVWUR
/XLV )HOLSH 6DORPmR ± 4XDUWD 7XUPD ± MXOJDGR HP  ± '-H


5HTXHUVH LJXDOPHQWH HP TXDOTXHU FDVR D UHWHQomR SHODV

EHQIHLWRULDVGHVFULWDVHFDUDFWHUL]DGDVQHVWDUHVSRVWDGRFXPHQWR
QRV WHUPRV GR DUW  GR &yGLJR &LYLO DWp R VHX SDJDPHQWR FXMD
FRQGHQDomRGDDXWRUDUHFRQYLQGDVHUHTXHUHTXHGHYHUiVHUVRPDGR
DRV YDORUHV D VHUHP UHVWLWXtGRV j Up HP YLUWXGH GD UHVROXomR
FRQWUDWXDO
'iVH j SUHVHQWH UHFRQYHQomR QRV WHUPRV GR DUW  GR &yGLJR
GH3URFHVVR&LYLORYDORUGH5
5HTXHUVH RXWURVVLP D FRQGHQDomR GR DXWRU UHFRQYLQGR QDV
FXVWDVHKRQRUiULRV&3&DUW†ž
6HDVVLPQmRHQWHQGHU9RVVD([FHOrQFLDQRWDGDPHQWHHPUD]mRGD
UHFRQYHQomRHGDLOHJLWLPLGDGHTXHSRVVXLRFRQGmRGHGHWHUPLQDUD
H[WLQomRGRSURFHVVRVHPUHVROXomRGRPpULWRRTXHVHUHTXHUFDVRD
DXWRUDQmRVXEVWLWXDRRUDFRQWHVWDQWH&3&DUWVH9,SRU
FDXWHODSDVVDRUpXDUHTXHUHUQRPpULWR
F VHMD DIDVWDGD D WXWHOD SURYLVyULD GH QDWXUH]D DQWHFLSDGD
SUHWHQGLGD
GVHMDMXOJDGRWRWDOPHQWHLPSURFHGHQWHRSHGLGRGHUHVROXomR325
&8/3$ '$ 5e FRQGHQDQGR D DXWRUD QR SDJDPHQWR GH FXVWDV H
KRQRUiULRVDGYRFDWtFLRVDVVLPFRPRGHPDLV{QXVGDVXFXPErQFLD
&DVR9RVVD([FHOrQFLDQmRDFROKDDVSUHOLPLQDUHVQRWDGDPHQWHGH
LOHJLWLPLGDGH RX QmR MXOJXH D SUHVHQWH DomR WRWDOPHQWH LPSURFHGHQWH
LWHPGVXFHVVLYDPHQWHHVXEVLGLDULDPHQWHDRSHGLGRUHFRQYHQFLRQDO
DFLPDIRUPXODGRUHTXHUDUpVHMDDDomRMXOJDGDDSHQDVSDUFLDOPHQWH
SURFHGHQWHGHWHUPLQDQGR9RVVD([FHOrQFLD
G R UHWRUQR GDV SDUWHV DR VWDWXV TXR DQWH SHOD UHVWLWXLomR GDV
TXDQWLDVSDJDVSHODUpGRFXPHQWRDQWHDUHWRPDGDGRLPyYHOSHOD
DXWRUDGHYLGDPHQWHDFUHVFLGDVGHMXURVOHJDLVFRUUHomRPRQHWiULDH
GHPDLV{QXVGHVXFXPErQFLDGHXPDYH]VyQRVWHUPRVGD6~PXOD
GR 7ULEXQDO GH -XVWLoD GH 6mR 3DXOR H LQGHSHQGHQWHPHQWH GH
UHFRQYHQomRQRVWHUPRVGD6~PXODGRPHVPR7ULEXQDO


 ³6~PXOD  $ GHYROXomR GDV TXDQWLDV SDJDV HP FRQWUDWR GH
FRPSURPLVVR GH FRPSUD H YHQGD GH LPyYHO GHYH VHU IHLWD GH XPD Vy
YH] QmR VH VXMHLWDQGR j IRUPD GH SDUFHODPHQWR SUHYLVWD SDUD D
DTXLVLomR´
³6~PXOD5HFRQKHFLGRTXHRFRPSURPLVViULRFRPSUDGRUWHPGLUHLWRj
GHYROXomRGDVSDUFHODVSDJDVSRUFRQWDGRSUHoRDVSDUWHVGHYHUmRVHU
UHSRVWDVDRHVWDGRDQWHULRULQGHSHQGHQWHPHQWHGHUHFRQYHQomR´
;,±3URYDV
5HTXHUSURYDURDOHJDGRSRU WRGRVRVPHLRVHP'LUHLWRDGPLWLGRV
HVSHFLDOPHQWH SHOD SURGXomR GH SURYD GRFXPHQWDO WHVWHPXQKDO
SHULFLDO H LQVSHomR MXGLFLDO HVSHFLDOPHQWH GHSRLPHQWR SHVVRDO GR
UHSUHVHQWDQWHOHJDOGDDXWRUDSHQDGHFRQILVVmRVHQmRFRPSDUHFHU
RXFRPSDUHFHQGRVHQHJDUDGHSRU&3&DUW††žHž
&XPSULGDVDVQHFHVViULDVIRUPDOLGDGHVOHJDLVGHYHDSUHVHQWHVHU
UHFHELGDHMXQWDGDDRVDXWRV
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

3.3. CONTESTAÇÃO NO JUIZADO ESPECIAL CÍVEL

([PR6U'U-XL]GH'LUHLWRGD9DUDGR-XL]DGR(VSHFLDO&tYHO
GH
3URFHVVRQ
 FRQIRUPH LQVWUXPHQWR GH PDQGDWR DQH[R GRFXPHQWR  YHP
UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD QRV DXWRV GD DomR GH
UHSHWLomRGHLQGpELWRHPHStJUDIHSURPRYLGDSRUMiGHYLGDPHQWH
TXDOLILFDGRDSUHVHQWDU
&RQWHVWDomR
RTXHID]FRPIXQGDPHQWRQDVUD]}HVGHIDWRHGHGLUHLWRDVHJXLU
DGX]LGDV
, ± ,QFRPSHWrQFLD WHUULWRULDO LQDSOLFDELOLGDGH GR &yGLJR GH


'HIHVDGR&RQVXPLGRUHLOHJLWLPLGDGHDWLYD
3UHOLPLQDUPHQWH PLVWHU VH ID] GHVWDFDU TXH HVWH -Xt]R QmR VH
PRVWUDFRPSHWHQWHRTXHVHDILUPDHPUD]mRGHGRLVIDWRVUHOHYDQWHV
RPLWLGRVLQWHQFLRQDOPHQWHSHORDXWRU
D WUDWDVH HOH DXWRU GH HVSHFXODGRU LPRELOLiULR H QHVWD PHGLGD
QmRpFRQVXPLGRU
E H[LVWH SUHYLVmR FRQWUDWXDO GH IRUR FRPSHWHQWH 6mR 3DXOR63 ±
FOiXVXODIOV
2 DXWRU ILUPRX FRP D FRQWHVWDQWH WUrV FRQWUDWRV GH SURPHVVD GH
YHQGD H FRPSUD GH XQLGDGHV KDELWDFLRQDLV GR (GLItFLR  TXDLV
VHMDPGRFXPHQWRVH
3DUDFDGDXPDGDVXQLGDGHVTXHDGTXLULXRDXWRUGLVWULEXLXDo}HV
UHTXHUHQGR UHSHWLomR GR TXH SDJRX D WtWXOR GH FRPLVVmR GH
FRUUHWDJHPH6$7,
$V Do}HV UHIHUHQWHV jV XQLGDGHV  H  VmR GH WHRU LGrQWLFR j
H[RUGLDO GHVWD GHPDQGD EHP FRPR WUDPLWDP QHVWD H -Xt]R
GRFXPHQWR
'HPDLV GLVVR FXPSUH GHVWDFDU TXH R DXWRU FHGHX VHXV GLUHLWRV H
GHYHUHV FRQWUDWXDLV UHIHUHQWHV DR DSWR % D WHUFHLURV GRFXPHQWR
 WHQGR UHFHQWHPHQWH IHLWR R PHVPR FRP R FRQWUDWR TXH HPEDVD
HVWDDomRGRFXPHQWR
2XWURVVLP R DXWRU WDPEpP SURPRYH DomR GH UHVROXomR FRQWUDWXDO
HPIDFHGDGRFXPHQWRQDTXDOLJXDOPHQWHUHTXHUUHSHWLomRGH
SDJDPHQWRV UHODWLYRV j FRPLVVmR GH FRUUHWDJHP H 6$7, EHP FRPR
DomR UHSHWLomR GH LQGpELWR QRV PHVPRV PROGHV HP IDFH GH 
GRFXPHQWR
3RVWDDVVLPDTXHVWmRRDXWRUQmRpGHVWLQDWiULRILQDOGRVLPyYHLV
TXH DGTXLUH QD H[DWD PHGLGD HP TXH j WRGD HYLGrQFLD ILUPD
FRQWUDWRV GH FRPSURPLVVR GH YHQGD H FRPSUD DJXDUGD YDORUL]DomR
LPRELOLiULD SDUD HP VHJXLGD UHYHQGHORV H REWHU OXFURV LQFOXVLYH
SURPRYHQGR GLYHUVDV Do}HV GH UHSHWLomR GH LQGpELWR FRQWUD RV
SURPLWHQWHVYHQGHGRUHV
/RJR FXULDO FRQFOXLU TXH QmR VH WUDWD GH FRQVXPLGRU PDV
HVSHFXODGRULPRELOLiULRTXHDWXDGHPDQHLUDHPSUHVDULDO


 6H QmR p FRQVXPLGRU IDWR p TXH QmR SRGH VH YDOHU GD EHQHVVH
FRQFHGLGDSHORLQFLVR,GRDUWGR&'&TXDOVHMDDGHGLVWULEXLUD
DomRQRIRURGHVHXGRPLFtOLR
1HVWH GLDSDVmR LPSRUWDQWH YHULILFDU TXH DV SDUWHV HOHJHUDP
FRQWUDWXDOPHQWHFOiXVXODGRFRQWUDWR±IOVHGRFXPHQWRR)RUR
GD&RPDUFDGH6mR3DXOR63SDUDGLULPLUHPTXDLVTXHUDVVXQWRV

6HPHPEDUJRFXPSUHLQIRUPDUTXHQDDomRSURPRYLGDSHORDXWRU
HP IDFH GH  SHUDQWH HVWH ' -Xt]R GRFXPHQWR  IRL SURIHULGD
VHQWHQoD MXOJDQGR R SURFHVVR H[WLQWR FRP IXQGDPHQWR QR DUW  ,,,
GD/HLXPDYH]TXHQRFRQWUDWRDOLGLVFXWLGRWDPEpPKDYLD
FOiXVXODGHHOHLomRGHIRURGRFXPHQWR
6RPHVHDLVWRRIDWRGHRDXWRUQmRILJXUDUPDLVFRPRSDUWHQHVWH
FRQWUDWR WRUQDQGRVH SDWHQWH VXD LOHJLWLPLGDGH H IDOWD GH LQWHUHVVH
SDUD LQJUHVVDU HP MXt]R HP IDFH GD Up XPD YH] TXH WUDQVIHULX VHXV
GLUHLWRVHGHYHUHVFRQWUDWXDLVD WHUFHLURVIDWRTXHRWRUQDFDUHFHGRU
GDDomRDUW;,GR&3&GRFXPHQWR
([SRVLWLVHPUD]mRGRGLVSRVWRQRDUW,,,GR&3&RSUHVHQWH
IHLWRGHYHVHUH[WLQWRXPDYH]SUHVHQWHDFOiXVXODGHHOHLomRGHIRUR
QR FRQWUDWR H DXVHQWH D DSOLFDomR GD /HL &RQVXPHULVWD WHQGR HP
YLVWDTXHRDXWRUQmRVHHQTXDGUDQRFRQFHLWRGHGHVWLQDWiULRILQDO
0HVPRDVVLPUHTXHUVHMDDYHUWHQWHDomRH[WLQWDVHPUHVROXomRGR
PpULWRFRPIXOFURQRLQF9,GRDUWGR&3&XPDYH]TXHRDXWRU
pFDUHFHGRUGDDomR
,,±,QFLGHQWHGHXQLIRUPL]DomR
3ULPHLUDPHQWH SRQGR ILP j FHOHXPD TXH HQYROYH R WHPD
³FRUUHWDJHP´ D WXUPD GH XQLIRUPL]DomR GR VLVWHPD GRV MXL]DGRV
HVSHFLDLV GR (VWDGR GH 6mR 3DXOR XQLIRUPL]RX HQWHQGLPHQWR QR
VHQWLGRGHTXHDFRPLVVmRGHFRUUHWDJHPQRVFRQWUDWRVLPRELOLiULRVp
GHYLGD H SRGH VHU LPSXWDGD DR FRPSUDGRU GR LPyYHO LQH[LVWLQGR
DEXVLYLGDGHRX³YHQGDFDVDGD´
(LV R HQWHQGLPHQWR ILUPDGR QR Y DFyUGmR SURIHULGR QRV DXWRV GR
3HGLGRGH8QLIRUPL]DomRQžMXOJDGRHP
 H SXEOLFDGR QR GLD  FXMD FySLD VH DQH[D


GRFXPHQWRQRTXDOFRPSHUFXFLrQFLDGLVFRUUHR,OXVWUtVVLPR'U
)HUQmR%RUED)UDQFR

³'L]HUTXHQRUPDOPHQWHDFRPLVVmRGHFRUUHWDJHPpVXSRUWDGDSRU
TXHP FRQWUDWRX D LQWHUPHGLDomR p LJQRUDU DV FLUFXQVWkQFLDV QHJRFLDLV
GHOLYUHIL[DomRSHODVSDUWHVLQWHUHVVDGDVLPSHGLQGRDFREUDQoDGLUHWDH
LPSRQGRDFREUDQoDLQGLUHWDRTXHQmRSDUHFHUD]RiYHO$VVLPXPDYH]
TXHKRXYHOLYUHFRQWUDWDomRDUHVSHLWRGRSDJDPHQWR±UHLWHUDQGRVHTXH
D ~QLFD GLIHUHQoD p R SDJDPHQWR GLUHWR RX R SDJDPHQWR LQGLUHWR HP
DPERV RV FDVRV VXSRUWDGR SHOR FRPSUDGRU ± QmR VH YLVOXPEUD
LOHJDOLGDGHQDFOiXVXOD$ILQDORVHUYLoRIRLHIHWLYDPHQWHSUHVWDGR
)LQDOPHQWH QmR SDUHFH FRUUHWR FRQFOXLU TXH Ki YHQGD FDVDGD
H[DWDPHQWH SRUTXH VmR HVVHV FXVWRV VXSRUWDGRV SHOD YHQGHGRUD H TXH
SRGHP VHU UHSDVVDGRV GLUHWD RX LQGLUHWDPHQWH DRV FRPSUDGRUHV
3RUWDQWRQmRKiH[LJrQFLDGDFRPSUDGHRXWURSURGXWRRXVHUYLoRSDUDD
YHQGD GR LPyYHO PDV VLPSOHVPHQWH UHSDVVH GRV FXVWRV UHVSHFWLYRV
TXHVHQGRFXVWRVSRGHPVHULQFOXtGRVQRSUHoRILQDO´

'HVWD IRUPD H[LVWH HQWHQGLPHQWR MXULVSUXGHQFLDO SDFLILFDGRU

VHJXQGR R TXDO D FRUUHWDJHP SRGH VHU UHSDVVDGD DR DGTXLUHQWH GR
LPyYHO H TXH VXD FRQWUDWDomR QmR FRQILJXUD ³YHQGD FDVDGD´ DR
FRQWUiULRGRTXHLQWHQWDRUHTXHUHQWHID]HU
,VWRSRVWRDSUHVHQWHDomRQmRPHUHFHSURVSHUDUHPUD]mRGDIDOWD
GHLQWHUHVVHSURFHVVXDOGHYHQGRRIHLWRVHUH[WLQWRVHPUHVROXomRGH
PpULWRQRVWHUPRVGRDUW,H9,H,,DPERVGR&3&
,,,±,OHJLWLPLGDGHSDVVLYD
$ UHTXHULGD p SDUWH IODJUDQWHPHQWH LOHJtWLPD SDUD UHVSRQGHU DRV
WHUPRVGDYHUWHQWHDomR
,VWR SRUTXH QmR UHFHEHX D FRPLVVmR SOHLWHDGD TXH IRL SDJD j 
IOV HP UD]mR GD HIHWLYD FRQFOXVmR GR QHJyFLR QmR KDYHQGR
TXDQWR j FRPLVVmR UHODomR GH GLUHLWR PDWHULDO HQWUH DV SDUWHV
UHTXHUHQWH H UHTXHULGD DSWD D HQVHMDU D SDUWLFLSDomR GHVWD QR SROR
SDVVLYRSHORTXHVHREVHUYDGRGRFXPHQWRFRQVWDQWHGDVIOV
,QVHULU LPDJHP GD FySLD GR UHFLER RX FRQWUDWR ILUPDGR FRP R
LQWHUPHGLiULR
eQHVVHVHQWLGRRVHJXLQWHMXOJDGR


 ³$omR GH LQGHQL]DomR SRU GDQRV PDWHULDLV H PRUDLV ,QVWUXPHQWR GH
3URPHVVDGH9HQGDH&RPSUDGHLPyYHOSDUDSDJDPHQWRHPSDUFHODV
'HVLVWrQFLD GRV DXWRUHV 3UHWHQVmR GH GHYROXomR GD FRPLVVmR GH
FRUUHWDJHP H LQGHQL]DomR SRU GDQRV PRUDLV 6HQWHQoD SURFHGHQWH
GHWHUPLQDQGR D GHYROXomR GRV YDORUHV UHFHELGRV SHOD FRPLVVmR GH
FRUUHWDJHP H GDQRV PRUDLV 'DWD GD 'LVWULEXLomR  9DORU GD
&DXVD 5  ,QFRQIRUPDGDV DSHODP DV UpV VXVWHQWDQGR TXH
VmR SDUWHV LOHJtWLPDV SDUD UHVSRQGHU D DomR SRUTXDQWR RV FKHTXHV
GHFOLQDGRVQDLQLFLDOIRUDPHQWUHJXHVj/RSHVDWtWXORGHFRPLVVmRWDLV
YDORUHV IRUDP HQWUHJXHV j HPSUHVD /RSHV QD FRQGLomR GH UHVSRQViYHO
SHOD LQWHUPHGLDomR GDV YHQGDV GRV FKHTXHV HPLWLGRV SHORV DSHODGRV
DSHQDV GRLV IRUDP HQWUHJXHV j DSHODQWH H R YDORU IRL GHYROYLGR TXDQGR
GRGLVWUDWRDHQWUHJDGRVFKHTXHVQDVPmRVGRVFRUUHWRUHVVHFRQILUPD
SHORVSUySULRVFDQKRWRVGHFKHTXHVMXQWDGRVSHORVDSHODGRVLQH[LVWLQGR
DWR LOtFLWR QmR Ki VH IDODU HP GDQRV PRUDLV SXJQDP SHOD UHGXomR GRV
KRQRUiULRVDGYRFDWtFLRV3UHOLPLQDUGHLOHJLWLPLGDGHSDVVLYD&DELPHQWR
5HODomRGHLQWHUPHGLDomRGHYHQGDVGRTXDOQmRSDUWLFLSDUDPDVUpVR
TXHDVWRUQDSDUWHLOHJtWLPDSDUDUHVSRQGHUSHODUHVSHFWLYDFRPLVVmRGH
FRUUHWDJHP &RPLVVmR GH FRUUHWDJHP 5HFRQKHFLPHQWR GH TXH DLQGD
TXHDSUD[HVHMDVHXSDJDPHQWRSHORYHQGHGRUFRPLWHQWHFRQWUDWDQWH
LQH[LVWH yELFH j DYHQoD HP VHQWLGR GLYHUVR FDUUHDQGR WDO {QXV DR
FRPSUDGRU $VVLQDWXUD GH GRFXPHQWR TXH FODUDPHQWH GLVSXQKD DFHUFD
GD FRPLVVmR GH FRUUHWDJHP 9HUED TXH p GHYLGD VHPSUH TXH D
LQWHUPHGLDomRVHHIHWLYHFRPDDVVLQDWXUDGRLQVWUXPHQWRSDUWLFXODUGH
YHQGDHFRPSUDDLQGDTXHHVWHQmRVHDSHUIHLoRHSRUGHVLVWrQFLDGDV
SDUWHVFRPRQRFDVRHPDSUHoR,QWHOLJrQFLDGRDUW&&6HQWHQoD
GH SURFHGrQFLD 5HFXUVR SURYLGR SDUD MXOJDU H[WLQWR R SURFHVVR VHP
FRQKHFLPHQWRGRPpULWR7-63±±$SHODomR
±5HODWRU-DPHV6LDQR±&RPDUFD6XPDUp±ÏUJmRMXOJDGRU&kPDUD
GH 'LUHLWR 3ULYDGR ± 'DWD GR MXOJDPHQWR  ± 'DWD GH UHJLVWUR
±2XWURVQ~PHURV

(P FRQVRQkQFLD FRP R DFDWDGR D H[WLQomR GR SURFHVVR VHP

UHVROXomR GH PpULWR p PHGLGD TXH VH LPS}H WDPEpP QRV WHUPRV GRV
DUWV,H9,H,,GR&yGLJRGH3URFHVVR&LYLO
,9±9HUGDGHGRVIDWRV
2DXWRUSURS{VDSUHVHQWHDomRGHUHSHWLomRGHLQGpELWRHPUD]mR
GDDTXLVLomRTXHIH]GHLPyYHOGDUHTXHULGDIOVQRVWHUPRVGR


FRQWUDWRIOVHGRFXPHQWR
$OHJD HP VtQWHVH QD VXD IDEXODGD KLVWyULD TXH QR DWR GD
DVVLQDWXUD GR FRQWUDWR GH SURPHVVD GH YHQGD H FRPSUD GR LPyYHO
DOpPGHWHUSDJRRVLQDOQHJRFLDGRIRUDFRPSHOLGRDSDJDUFRPLVVmR
GH FRUUHWDJHP GLUHWDPHQWH DRV LQWHUPHGLDGRUHV GH SODQWmR HP
HVWDQGH GH YHQGDV GR HPSUHHQGLPHQWR TXH HPLWLUDP UHFLER IOV
GRFXPHQWRQRLPSRUWHGH5
3HUGHVHDVVLPRUHTXHUHQWHHPOLQKDVHOLQKDVGHGLYDJDo}HVD
SLQWDURTXDGURGHGHVLQIRUPDGRHHQJDQDGRSHODSDUWHPDLVIRUWHD
UHTXHULGD
3DUHFH QHVWD VXD ORQJD WUDMHWyULD TXH QmR WHP FRQKHFLPHQWRV
PtQLPRV TXH VHMDP SDUD HQIUHQWDU D FHOHEUDomR GH FRQWUDWR H DSyV
FHOHEUiORFXPSULUVHXVWHUPRV
(VTXHFHVH QHVWH PRPHQWR TXH VH TXDOLILFRX FRPR  GH TXHP
VHHVSHUDRPtQLPRGHWLURFtQLRQDFHOHEUDomRGHQHJyFLRV
3RVWD DVVLP D TXHVWmR D Up UHIXWD YLVFHUDOPHQWH DV LQIXQGDGDV
DFXVDo}HVHDSHFKDLPSRVWDSHORUHTXHUHQWH
$ Up p HPSUHVD VpULD FRP PDLV GH  DQRV QR PHUFDGR H QmR
DGPLWHDVLUUHVSRQViYHLVDFXVDo}HVTXHIRUDPODQoDGDVSHORDXWRU
1mR OXGLEULD QLQJXpP QmR VRQHJD H FXPSUH VXDV REULJDo}HV FRP
H[DomR
$ EHP GD YHUGDGH D LQVXUJrQFLD GR DXWRU VH OLPLWD j DOHJDomR
VHJXQGR D TXDO WHULD ³SDJR SRU IRUD´ FRPLVVmR GH FRUUHWDJHP GH 5
 H 6HUYLoR GH $VVHVVRULD 7pFQLFR,PRELOLiULD 6$7, GH 5 
UHTXHUHQGRDFRQGHQDomRGDUpDGHYROYrORVHPGREUR
7UDWDVH D WRGD HYLGrQFLD GH DUWLPDQKD GR DXWRU SDUD OXGLEULDU R
OHLWRUGHVXDH[RUGLDO
5HDOPHQWHQmRHVWiPHVPRDJLQGRGHIRUPDVpULD
2UD([FHOrQFLDSDUDFRQFOXLUGLYHUVDPHQWHGDSUHWHQVmRDXWRUDOH
FRQVHJXLQWHPHQWHGHUUXEDUWRGDDSUHWHQVmRHVWDPSDGDQDH[RUGLDO
EDVWD YHULILFDU D SODQLOKD GH FiOFXOR GD XQLGDGH DGTXLULGD IOV ±
GRFXPHQWR  GHYLGDPHQWH DVVLQDGD SHOR DXWRU QD PHVPD GDWD GD
DVVLQDWXUD GR FRQWUDWR GH SURPHVVD GH YHQGD H FRPSUD  SDUD
FRQVWDWDU FRP H[WUHPD VLQJHOH]D TXH R YDORU WRWDO GR QHJyFLR IRL GH


5HTXHGHVFRQWDGDDFRPLVVmR5UHVXOWRXQRYDORUGH5
SDUDDXQLGDGHH[DWDPHQWHRYDORUTXHFRQVWDGHVHXUHVSHFWLYR
FRQWUDWRGRF
([WUDLVHGDSODQLOKDILUPDGDSHORUHTXHUHQWHIOVGRF
&RORFDULPDJHPGLJLWDOL]DGDGDSODQLOKDSURSRVWD
&RPRVHYrRDXWRUWHQWDVHID]HUGHHQJDQDGRHIRUoDGRDHIHWXDU
R SDJDPHQWR GH  DRV FRUUHWRUHV SHOD LQWHUPHGLDomR GD YHQGD H
SHOR6$7,TXDQGRQDYHUGDGHpHOHTXHPHVWiLQWHQWDQGRLOXGLUHVWH
'RXWR -Xt]R H D UHTXHULGD GLVWRUFHQGR GHVFDUDGDPHQWH D YHUGDGH
SURYDGD SRU GRFXPHQWR FRP D DOHJDomR PHQWLURVD TXH IXQGDPHQWD
VHX SHGLGR GH IRUPD D WHQWDU ID]HU SDUHFHU TXH D Up DJLX HP
GHVDFRUGR FRP R FRQWUDWR H FRP D ERDIp TXDQGR TXHP WRPD HVWDV
DWLWXGHVpHOHDXWRU
1RWDVH FRP FODUH]D H VLQJHOH]D TXH D SODQLOKD ILUPDGD SHOR
UHTXHUHQWH WUD] H[SUHVVD PHQomR DR YDORU GD FRPLVVmR GHYLGD DR
FRUUHWRU 5 GR 6$7, 5 H GR YDORU GHYLGR j LQFRUSRUDGRUD
FRQVWDQWHGRFRQWUDWR5
,PSRVVtYHOFRJLWDUVHSRUWDQWRTXHRUHTXHUHQWHQmRWLQKDFLrQFLD
GRVYDORUHVTXHWHULDTXHGHVHPEROVDUHTXHRIRUDIRUoDGRDWDQWR
2UDWDODILUPDomRGRDXWRUTXHQmRFRQGL]FRPDUHDOLGDGHFDXVD
DLQGDHVWUDQKH]DjUpSHORVLPSOHVIDWRGHVHURUHTXHUHQWHSHVVRD
DFLPD GD PpGLD Mi TXH VH TXDOLILFD FRPR  TXH WDPEpP DGTXLULX
PDLV RXWUDV GXDV XQLGDGHV QR PHVPR HPSUHHQGLPHQWR  H
SRUWDQWRFRPQtYHOGHFRPSUHHQVmRHOHYDGRRXQRPtQLPRDFLPDGD
PpGLD GR KRPHP QRUPDO GH TXHP VH SRGH HVSHUDU DWHQomR H
GLVFHUQLPHQWRDRFRQWUDWDU
2DXWRUDGHPDLVDQWHVPHVPRGHDSRUVXDDVVLQDWXUDQRFRQWUDWR
WHYHDRSRUWXQLGDGHGHDQDOLViORFRPVHUHQLGDGHHDWHQWDPHQWHEHP
FRPRLQGDJDUTXDOTXHUG~YLGD±FRPRpGHVHSHQVDUGHDOJXpPTXH
YDL DORFDU TXDQWLDV QD FRPSUD GH XQLGDGH LPRELOLiULD HVSHFLDOPHQWH
TXDQGRVHWUDWDGHSXEOLFLWiULR
1R PRPHQWR GD FHOHEUDomR GR FRQWUDWR DV FRQGLo}HV OKH HUDP
IDYRUiYHLV GR FRQWUiULR QmR R WHULD ILUPDGR $JRUD SUHWHQGH GH Pi
Ip REWHU YDQWDJHP LQGHYLGD FRP GHVFRQWR GH YDORUHV TXH Mi IRUDP


GHVFRQWDGRVGRYDORUWRWDOTXHH[SUHVVDPHQWHFRQFRUGRX
(P VXPD FRPR FDEDOPHQWH GHPRQVWUDGR D DOHJDomR HP VXD
SHWLomRLQLFLDOGHTXHIRUDIRUoDGRDSDJDUDFRPLVVmRGHFRUUHWDJHP
QmR HVWi FRUUHWD ILFDQGR GHVGH Mi H[SUHVVDPHQWH LPSXJQDGD SHOD
UHTXHULGD
'H PDLV D PDLV R DXWRU DWXD GH IRUPD HVSHFXODWLYD QR PHUFDGR
LPRELOLiULRKDMDYLVWDTXH
D p SURPLWHQWH FRPSUDGRU GH PDLV RXWUDV GXDV XQLGDGHV GR
HPSUHHQGLPHQWRGRFXPHQWRVH
E Mi FHGHX D WHUFHLURV RV VHXV GLUHLWRV FRQWUDWXDLV GR FRQWUDWR GH
SURPHVVD GH YHQGD H FRPSUD GD XQLGDGH  H GD XQLGDGH 
GRFXPHQWRVH
F SURPRYH SHUDQWH HVWH )RUR PDLV GXDV Do}HV XPD DomR GH
UHVROXomR FRQWUDWXDO HP IDFH GD  HP TXH SHGH UHSHWLomR GH
LQGpELWRSURFHVVRQ±GRFXPHQWRHXPDDomRGHUHSHWLomRGH
LQGpELWR FRP H[RUGLDO GH LGrQWLFR WHRU GD SUHVHQWH HP IDFH GD 
SURFHVVR Q  Mi H[WLQWD FRP IXQGDPHQWR QR DUW  ,,, GD /HL
±GRFXPHQWRVHHQDTXDOWDPEpPUHTXHUHXUHSHWLomR
GHSDJDPHQWRVUHODWLYRVDFRPLVVmRGHFRUUHWDJHP
$VVLPDRTXHSDUHFHRDXWRUHVWiPHVPRLPEXtGRGHPiIp
3RUWDQWRUHVWDSDWHQWHDWHPHULGDGHGDOLGHQDH[DWDPHGLGDHPTXH
GHGX]VXDSUHWHQVmRFRQWUDIDWRLQFRQWURYHUVRHDOWHUDDYHUGDGHGRV
IDWRV VHQGR PLVWHU D VXD FRQGHQDomR SRU OLWLJkQFLD GH PiIp QRV
WHUPRVGRDUW,H,,GR&3&DRSDJDPHQWRGHPXOWDGHGR
YDORU GD FDXVD H j LQGHQL]DomR GH WRGDV DV GHVSHVDV TXH VmR DV
VHJXLQWHVLQFOXVLYHRVKRQRUiULRVFRQWUDWXDLVGRVSDWURQRVGDUp
DOpP GDTXHOHV DUELWUDGRV D WtWXOR GH VXFXPErQFLD QRV WHUPRV GR DUW
FDSXWH†žGR&3&
(PVtQWHVHHVWHVRVIDWRVGLJQRVGHQRWDHUHEDWH
,9±'LUHLWR
'RV IDWRV SURYDGRV SRU GRFXPHQWRV QRWDGDPHQWH D SODQLOKD GH
FiOFXORVFRPSDUDGDFRPRFRQWUDWRpGHVRODUFODUH]DTXHGRYDORUGR
LPyYHOHIHWLYDPHQWHDFHUWDGRGHVFRQWRXVHRYDORUGHYLGRDWtWXORGH


FRPLVVmRGHFRUUHWDJHPSDJRGLUHWDPHQWHSHORUHTXHUHQWHHVRPHQWH
RVDOGRIRLFRORFDGRQRFRQWUDWRHQWUHDVSDUWHV
$ MXULVSUXGrQFLD GR 7ULEXQDO GH -XVWLoD GH 6mR 3DXOR YrP
HPSUHVWDQGR YDOLGDGH j SUD[H FRQWUDWXDO QHJDQGR R SHGLGR GH
UHVWLWXLomR GR TXH IRL SDJR D WtWXOR GH FRPLVVmR QHVVHV FDVRV FRPR
ID] R UHTXHUHQWH QD YHUWHQWH DomR QRV WHUPRV H[WUDtGRV GR WHRU GRV
VHJXLQWHVYRWRVFRQGXWRUHV

³2FRVWXPHpTXHDFRUUHWRUDSHVVRDMXUtGLFDUHFHEDDFRPLVVmRVREUH
D YHQGD H HOD HP VHJXLGD IDoD LQWHUQDPHQWH R UDWHLR SURSRUFLRQDO
UHWHQGRSDUDVLXPDSDUWHHRUHVWDQWHGLVWULEXtGRHQWUHRVSURILVVLRQDLV
TXHSDUWLFLSDUDPGRQHJyFLR
'HVWDIRUPDGDFRPLVVmRWRWDOQRYDORUGH5HTXHLQWHJUDP
R SUHoR GR LPyYHO QR LPSRUWH GH 5  ILFRX DVVLP
GLVWULEXtGDDFRPLVVmR5SDUDDUp5SDUDD
FRUUHWRUDH5SDUDDFRUUHWRUD

2TXHRFRUUHXQRFDVRFRQFUHWRIRLRHQFXUWDPHQWRGDGLVWkQFLDTXHR
YDORU GD FRPLVVmR WHULD TXH SHUFRUUHU DWp DRV VHXV GHVWLQDWiULRV VH
WLYHVVHTXHVHUSDJRSHODYHQGHGRUD2FRPSUDGRUSDJDQGRDFRPLVVmR
GLUHWDPHQWHDRVSURILVVLRQDLVHjGHIRUPDGHVPHPEUDGDDJLOL]RXD
UHPXQHUDomR GRV VHUYLoRV SUHVWDGRV SRU WRGRV RV HQYROYLGRV QR
QHJyFLR
3RU PRWLYRV GH DMXVWH HQWUH D YHQGHGRUD  H D FRUUHWRUD  IRUDP
HVWLSXODGRV RV SDJDPHQWRV GD IRUPD FRPR QDUUDGR QmR KDYHQGR QDGD
GHLUUHJXODU´7-63±$SHODomRQ±&kPDUDGH'LUHLWR
3ULYDGRUHO'HVeOFLR7UXMLOR±MHP

$ILQDO GH TXDOTXHU PDQHLUD D FRPLVVmR VHPSUH p SDJD SHOR

FRPSUDGRUVHMDLQGLUHWDRXGLUHWDPHQWHFRPRQRFDVRSRLVVHXFXVWR
pHPEXWLGRQRSUHoRGRLPyYHO

³(P YHUGDGH D FRPLVVmR p GHYLGD SHOR YHQGHGRU PDV TXHP SDJD DR

ILQDOpRFRPSUDGRUSRUTXHHODYHPHPEXWLGDQRSUHoR1DGDREVWDQR
HQWDQWR TXH HOD YHQKD D VHU GHVWDFDGD H VHMD WUDQVIHULGD
H[SUHVVDPHQWHDRFRPSUDGRUFRPRSDUWHGRSUHoR(VVDSUiWLFDQmR
p LQFRPXP H WHP HYLGHQWHPHQWH UD]}HV ILVFDLV´ 7-63 ± $SHODomR Q
±&kPDUDGH'LUHLWR3ULYDGR±5HO'HV


 /XL]$QWRQLR&RVWD±MHP

,PSRUWDQWH YHULILFDU TXH p DGPLWLGD D SRVVLELOLGDGH GH WUDQVIHULU D

REULJDomR GH SDJDPHQWR GD FRPLVVmR SDUD R SURPLWHQWH FRPSUDGRU
VHPGLUHLWRjUHVWLWXLomRDWpQRVFDVRVGHUHVROXomRGRFRPSURPLVVR
GHFRPSUDHYHQGD
$VVLP QRV WHUPRV GR MXOJDGR DEDL[R Mi PHQFLRQDGR QD SUHOLPLQDU
GH LOHJLWLPLGDGH HLV D VROXomR GDGD SHOR 7ULEXQDO GH -XVWLoD GH 6mR
3DXORTXHDJRUDVHUHSHWH

³ 3UHOLPLQDU GH LOHJLWLPLGDGH SDVVLYD &DELPHQWR 5HODomR GH

LQWHUPHGLDomR GH YHQGDV GR TXDO QmR SDUWLFLSDUDP DV UpV R TXH DV
WRUQD SDUWH LOHJtWLPD SDUD UHVSRQGHU SHOD UHVSHFWLYD FRPLVVmR GH
FRUUHWDJHP &RPLVVmR GH FRUUHWDJHP 5HFRQKHFLPHQWR GH TXH DLQGD
TXHDSUD[HVHMDVHXSDJDPHQWRSHORYHQGHGRUFRPLWHQWHFRQWUDWDQWH
LQH[LVWH yELFH j DYHQoD HP VHQWLGR GLYHUVR FDUUHDQGR WDO {QXV DR
FRPSUDGRU $VVLQDWXUD GH GRFXPHQWR TXH FODUDPHQWH GLVSXQKD DFHUFD
GD FRPLVVmR GH FRUUHWDJHP 9HUED TXH p GHYLGD VHPSUH TXH D
LQWHUPHGLDomRVHHIHWLYHFRPDDVVLQDWXUDGRLQVWUXPHQWRSDUWLFXODUGH
YHQGDHFRPSUDDLQGDTXHHVWHQmRVHDSHUIHLoRHSRUGHVLVWrQFLDGDV
SDUWHVFRPRQRFDVRHPDSUHoR,QWHOLJrQFLDGRDUW&&6HQWHQoD
GH SURFHGrQFLD 5HFXUVR SURYLGR SDUD MXOJDU H[WLQWR R SURFHVVR VHP
FRQKHFLPHQWR GR PpULWR´ 7-63 ±  ±
$SHODomR±5HODWRU-DPHV6LDQR±&RPDUFD6XPDUp±ÏUJmRMXOJDGRU
 &kPDUD GH 'LUHLWR 3ULYDGR ± 'DWD GR MXOJDPHQWR  ± 'DWD
GHUHJLVWUR±2XWURVQ~PHURV

&RPSXOVDQGRVH RV DXWRV YHULILFDVH TXH DV SDUWHV DVVLQDUDP R

³,QVWUXPHQWR 3DUWLFXODU GH 3URPHVVD GH 9HQGD H &RPSUD´ GRF 
VHQGRTXHFRQVWRXH[SUHVVDPHQWHGRFRQWUDWRTXHRSUHoRGRLPyYHO
HUD GH 5  RFDVLmR HP TXH WDPEpP IRL DSUHVHQWDGD SODQLOKD GH
FiOFXORTXHSUHYLDRYDORUGDFRUUHWDJHPGH5IOVGRFXPHQWR

2UDDLQGDTXHHPUHJUDDYHQGHGRUDUpVXSRUWHRSDJDPHQWRGD
FRPLVVmR SHOD LQWHUPHGLDomR GR QHJyFLR FRPR GH IDWR RFRUUHX QR
YHUWHQWHFDVRHPTXHRSUHoRSDFWXDGRIRLGH5HDFHLWRSHODV
SDUWHVIOV±GRFXPHQWRQDGDLPSHGHTXHRFRPSUDGRUDVVXPD
RSDJDPHQWRPHGLDQWHGHVFRQWRQRSUHoRFRPRGHIDWRRFRUUHX


 $OLiVHVWDpSUD[HFRUUHQWHQRPHUFDGRHQDGDWHPGHLOHJDOGHVGH
TXHGDGDFLrQFLDDRDGTXLUHQWHFRPRGHIDWRRFRUUHXQRVDXWRVQmR
VHSRGHQGRDGPLWLUDDILUPDomRGHTXHIRUDLQGX]LGRDHUURRXVRIUHX
SUHVVmRQmRVySRUTXHpGHYHUGHWRGRVOHUHPRTXHDVVLQDPFRPR
SRUTXH VH TXDOLILFD FRPR HPSUHViULR R TXH SUHVXPH R QHFHVViULR
WLURFtQLR VXILFLHQWH SDUD FRPSUHHQGHU FRP H[DWLGmR R WHRU GDV
FOiXVXODV GR LQVWUXPHQWR TXH SDFWXRX H EHP DVVLP GD SODQLOKD GH
FiOFXORIOV±GRFXPHQWRH[WUHPDPHQWHVLPSOLILFDGD
5HVVDOWHVH TXH R VLPSOHV IDWR GH VH WUDWDU GH FRQWUDWR GH DGHVmR
QmRWRUQDSRUVLVyVXDVFOiXVXODVDEXVLYDVQHPWDPSRXFRUHWLUDD
YRQWDGH GR FRQVXPLGRU TXH WHP OLYUH DUEtWULR HP DVVLQiOR RX QmR
SRGHQGR SHUIHLWDPHQWH SURFXUDU RXWUR HPSUHHQGLPHQWR FXMDV
GLVSRVLo}HVFRQWUDWXDLVVHPRVWUHPDVHXYHUPDLVMXVWDV
$VVLPLPSHUDWLYRTXHVHGHPRQVWUDVVHDDEXVLYLGDGHRTXHSHOR
DWHQWR H[DPH QmR VH Gi QR FDVR YHUWHQWH HP UHODomR j WD[D GH
FRUUHWDJHPQmRKDYHQGRSRUFRQVHJXLQWHTXHVHIDODUHPUHSHWLomR
GRLQGpELWR
$GHPDLVREVHUYDVHTXHKRXYHUHDOPHQWHDSUHVWDomRGRVVHUYLoRV
GH LQWHUPHGLDomR WHQGR D  PDQWLGR HVWDQGH H IXQFLRQiULRV
HVSHFLDOL]DGRV SDUD DWHQGLPHQWR DR S~EOLFR GH WDO VRUWH TXH QmR
KRXYHSURSDJDQGDHQJDQRVDQDPHGLGDHPTXHRLPyYHOIRLYHQGLGR
SHORSUHoRGLYXOJDGRHDFHUWDGRHQWUHDVSDUWHVGRFXPHQWR
4XDQWRDRYDORUUHVVDOWHVHTXHRSHUFHQWXDOSDJRDWDOWtWXORHVWi
DEDL[R GDTXHOH HVWLSXODGR SHOR &5(&, ± &RQVHOKR 5HJLRQDO GRV
&RUUHWRUHV GH ,PyYHLV GH 6mR 3DXOR HQWUH  H  SDUD YHQGD GH
LPyYHLVXUEDQRV
6HQGR DVVLP D GHVSHLWR GRV DUJXPHQWRV DSUHVHQWDGRV H GRV
GLVSRVLWLYRV OHJDLV PHQFLRQDGRV H[WUDtGRV GR &yGLJR GH 'HIHVD GR
&RQVXPLGRU QmR VH YLVOXPEUD TXDOTXHU LUUHJXODULGDGH QD UHIHULGD
FREUDQoD
1R PHVPR VHQWLGR GRV MXOJDGRV Mi PHQFLRQDGRV p SRVVtYHO
FRODFLRQDUDLQGDRVVHJXLQWHV

³5HSHWLomR GH ,QGpELWR &RPSURPLVVR GH FRPSUD H YHQGD &RPSUDGRUD

SUHWHQGH GHYROXomR HP GREUR GRV YDORUHV SDJRV D WLWXOR GH FRPLVVmR


 SDUD LPRELOLiULD $XVrQFLD GH LUUHJXODULGDGH QD FREUDQoD DFHUWDGD HQWUH
DV SDUWHV 6HQWHQoD GH LPSURFHGrQFLD 5HFXUVR FRQWUD HVVD GHFLVmR
GHVSURYLGR´ 7-63 ± $&  ± 5HODWRU 'HV
7HL[HLUD/HLWH±&kPDUDGH'LUHLWR3ULYDGR±MHP
³&RPSURPLVVR GH FRPSUD H YHQGD ,PyYHO $omR RUGLQiULD FRP SHGLGR
GH GHFODUDomR GH QXOLGDGH FF UHSHWLomR GH LQGpELWR H DEDWLPHQWR GH
YDORUHV 6HQWHQoD GH SDUFLDO SURFHGrQFLD 6LPXODomR PDOLFLRVD $WR
ELODWHUDO,PSRVVLELOLGDGHGHDUJXLURGHIHLWRRXDOHJiORHPOLWtJLRGHXPD
FRQWUD D RXWUD SDUWH &yGLJR &LYLO GH  DUW  &RDomR QmR
GHPRQVWUDGD (OHPHQWRV GRV DXWRV TXH FRPSURYDP R SDJDPHQWR
YROXQWiULR GRV YDORUHV SHOR FRPSUDGRU $ PiIp QmR VH SUHVXPH VHQGR
LQHILFD] VXD PHUD DOHJDomR && DUWV  D  && DUWV
 D  ,QDSOLFDELOLGDGH $XVrQFLD GH LQGpELWR &RPLVVmR GH
FRUUHWDJHP LPRELOLiULD 3DJDPHQWR SHOR FRPSUDGRU 4XLWDomR GDGD SHOD
LQWHUPHGLDGRUDPHGLDQWHGHVFRQWRQRVYDORUHVUHSDVVDGRVjYHQGHGRUD
$EDWLPHQWR LQGHYLGR $omR LPSURFHGHQWH 6HQWHQoD UHIRUPDGD
5HGLVWULEXLomR GRV {QXV GD VXFXPErQFLD 5HFXUVR GD Up SURYLGR H
UHFXUVR GR DXWRU GHVSURYLGR´ 7-63 ± 9RWR Q  ± $SHODomR Q
±6mR3DXOR±MHP

3RU ILP TXDQWR DR 6$7, GH 5  PLVWHU VH ID] VDOLHQWDU TXH
KRXYHFRQWUDWDomRSRUSDUWHGRUHTXHUHQWHSRUVXDOLYUHLQLFLDWLYDIOV
± GRFXPHQWR  QmR VH SRGHQGR IDODU HP TXDOTXHU LPSRVLomR DWp
SHODVUD]}HVMiPHQFLRQDGDV5HSHWHVHSDUDPHOKRUYLVXDOL]DomRD
FySLDGDSURSRVWD

1HVWHVHQWLGR

³&RPSURPLVVR GH FRPSUD H YHQGD GH LPyYHO $omR GHFODUDWyULD GH

QXOLGDGH GH FRQWUDWXDO F F SHGLGR GH UHVWLWXLomR GH YDORUHV H
LQGHQL]DomR SRU GDQRV PRUDLV 6$7, 6HUYLoR GH DVVHVVRULD WpFQLFR
MXGLFLiULD $VVHVVRULD FRQWUDWDGD SHOR DXWRU HP LQVWUXPHQWR DXW{QRPR
QR TXDO HVWmR GHYLGDPHQWH GLVFULPLQDGRV RV VHUYLoRV TXH HOH HVWDYD
FRQWUDWDQGR ,QH[LVWrQFLD GH YHQGD FDVDGD 6HQWHQoD PDQWLGD 5HFXUVR
GHVSURYLGR´7-63±$SHODomR&tYHOQž

)XQGDPHQWRXRUHODWRU

³R TXH VH WHP p TXH R DXWRU UHDOL]RX D FRQWUDWDomR GRV VHUYLoRV GD


 HPSUHVD 6DWL IOV  H DR ID]rOR DFHLWRX D SUHVWDomR GH VHUYLoRV
REMHWR GR FRQWUDWR SUHVWDomR GH VHUYLoRV HVWD TXH ILFRX D VXD
GLVSRVLomR´/RJRDUVHQWHQoDUHFRUULGDpPXLWRFODUDQHVWHSRQWRDWp
PHVPR LQWXLWLYD ( DOpP GH VHU SHUIHLWDPHQWH FODUD D FRQFOXVmR GR '
0DJLVWUDGR VLQJXODU HVWi FRUUHWD e TXH QR FDVR FRQFUHWR R DXWRU QmR
ORJURX r[LWR HP GHPRQVWUDU TXH GH IDWR KRXYH D FKDPDGD ³YHQGD
FDVDGD´ DVVLP FRPR QmR PHQFLRQRX ³QHQKXP DWR GH YLROrQFLD RX
FRDomRLUUHVLVWtYHOSDUDTXHHOHYLHVVHDUHDOL]DUWDOFRQWUDWDomR´WUHFKR
GD U VHQWHQoD UHFRUULGD $R FRQWUiULR DVVLQRX OLYUHPHQWH R ³&RQWUDWR
GH 3UHVWDomR GH 6HUYLoR GH $VVHVVRULD 7pFQLFR ,PRELOLiULD´ GH Qž
FRSLDGRjVIOVHPLQVWUXPHQWRDSDUWDGRGRFRPSURPLVVRGH
FRPSUD H YHQGD H QR TXDO HVWi GLVFULPLQDGR GH PDQHLUD FODUD H
LQHTXtYRFD RV VHUYLoRV TXH HVWDYD FRQWUDWDQGR H TXH QmR VH
FRQIXQGHP FRP VHUYLoRV GH FRUUHWDJHP EHP FRPR D UHPXQHUDomR D
HOHV UHODFLRQDGD HVWDQGR FRQIRUPH DR TXH SUHFHLWXD R DUWLJR  GR
&'&  /RJR QmR VH SRGH IDODU HP FREUDQoD LQGHYLGD WDPSRXFR HP
YHQGD FDVDGD UD]mR SHOD TXDO D UHMHLomR GD SUHWHQVmR YHLFXODGD QD
SHWLomR LQLFLDO HUD PHVPR GH ULJRU  ,QH[LVWLQGR DWR LOtFLWR FREUDQoD
LQGHYLGDYHQGDFDVDGDHWFLQH[LVWHWDPEpPRGHYHUGHLQGHQL]DU´

2XWURVVLP QmR VH SRGH ROYLGDU GH RXWUR IDWR LPSRUWDQWH R DXWRU
YHP LQJUHVVDQGR QD MXVWLoD FRPXP H QHVWH MXL]DGR HVSHFLDO H FRP
GHPDQGDVFRQWUDRXWUDVFRQVWUXWRUDVVHXWLOL]DQGRGDPHVPDSpUILGD
DUJXPHQWDomR DSUHVHQWDGD QHVWD DomR DR TXH VH YHULILFD GD FySLD
GDVH[RUGLDLVGDVDo}HVGHQVGRFXPHQWRHMiH[WLQWD±
GRFXPHQWRVHRTXHWRUQDFODULYLGHQWHRVHXILUPHSURSyVLWRGH
ORFXSOHWDUVHLQGHYLGDPHQWH
(P VXPD DGTXLULX GLYHUVRV LPyYHLV H QHVWD TXDOLGDGH WDPSRXFR
VH TXDOLILFD FRPR FRQVXPLGRU Mi TXH QmR p FUtYHO TXH TXDOLILFDGR
FRPRDGTXLUDLQ~PHURVLPyYHLVGHFRQVWUXWRUDVGLYHUVDVHVHMD
HP WRGRV RV FDVRV GHVWLQDWiULR ILQDO DXVHQWH SRUWDQWR R UHTXLVLWR
LQVFXOSLGRQRDUWžGD/HL
$VVLPpHYLGHQWH±HYLGHQWtVVLPRDOLiV±TXHFRPSUDLPyYHLVSDUD
HVSHFXODU H DJRUD FRP R DEXVR GR GLUHLWR GH DomR FRPR XPD
PHWUDOKDGRUD JLUDWyULD SUHWHQGH PD[LPL]DU VHXV OXFURV SURSRQGR
Do}HV FRQWUD WRGDV DV FRQVWUXWRUDV GDV TXDLV DGTXLULX SDUD VH
ORFXSOHWDU LOLFLWDPHQWH H DXPHQWDU VHXV OXFURV FRP UHGXomR LQGHYLGD


GRSUHoRTXHHIHWLYDPHQWHOLFLWDPHQWHHFRQVFLHQWHPHQWHFRQWUDWRX
9±3HGLGR
3UHOLPLQDUPHQWH UHTXHU VHMD R SUHVHQWH IHLWR H[WLQWR FRP
VXSHGkQHRQRDUW,,,GD/HLXPDYH]TXHRDXWRUQmRp
FRQVXPLGRUHRFRQWUDWRHOHJHR)RURGH6mR3DXOR63
&DVR QmR VHMD HVWH R HQWHQGLPHQWR GH 9RVVD ([FHOrQFLD UHTXHU
VHMD D SUHVHQWH DomR H[WLQWD VHP UHVROXomR GH PpULWR GLDQWH GD
DXVrQFLDGHFRQGLo}HVGDDomRQRWDGDPHQWHGDLOHJLWLPLGDGHDWLYDGR
DXWRU H SDVVLYD GD Up QRV WHUPRV GRV DUWLJRV  , H 9, H  ,,
DPERVGR&3&
&DVR HVWH QmR HVWH ' -Xt]R QmR HQWHQGD SHOR MXOJDPHQWR
SUHOLPLQDUUHTXHUQRPpULWRDWpHPUD]mRGDH[LVWrQFLDGHLQFLGHQWH
GH XQLIRUPL]DomR PHQFLRQDGR QHVWD UHVSRVWD VHMDP MXOJDGRV
WRWDOPHQWHLPSURFHGHQWHVRVSOHLWRVIRUPXODGRVQDSHWLomRLQLFLDOHGH
TXDOTXHUIRUPDFRPDVFRPLQDo}HVGHSUD[H
+DYHUiRUHTXHUHQWHGHVHUFRQGHQDGDDLQGDSRUOLWLJkQFLDGHPi
IpQRVWHUPRVGRDUW,H,,GR&3&DRSDJDPHQWRGHPXOWDGH
GRYDORUGDFDXVDHjLQGHQL]DomRGHWRGDVDVGHVSHVDVTXHVmRDV
VHJXLQWHVLQFOXVLYHRVKRQRUiULRVFRQWUDWXDLVGRVSDWURQRVGDUp
DOpP GDTXHOHV DUELWUDGRV D WtWXOR GH VXFXPErQFLD QRV WHUPRV GR DUW
FDSXWH†žGR&3&
3URWHVWDVH GHVGH Mi SHOD SURGXomR GH WRGDV DV SURYDV HP GLUHLWR
DGPLWLGDVVHPH[FHomRGHTXDOTXHUXPD
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

3.4. RÉPLICA

([PR6U'U-XL]GH'LUHLWRGD
MiTXDOLILFDGRVQDDomRUHVFLVyULDFXPXODGDFRPGHYROXomRGH


YDORUHV TXH PRYHP HP IDFH GH  YHP UHVSHLWRVDPHQWH SHUDQWH
9RVVD ([FHOrQFLD FRP IXQGDPHQWR QR DUW  H  GR &yGLJR GH
3URFHVVR&LYLODSUHVHQWDUVXDPDQLIHVWDomRjFRQWHVWDomR
,±3UHOLPLQDUHV
D(PUHODomRjVSUHOLPLQDUHVDOHJDRUpX
DTXHRYDORUDWULEXtGRSHODDXWRUDGHYHVHUFRUULJLGRSRU9RVVD
([FHOrQFLDQRVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLO
GHWHUPLQDQGRRFRPSOHPHQWRGDVFXVWDVQRSUD]ROHJDOVRESHQDGH
LQGHIHULPHQWRGDLQLFLDO&3&DUWSDUiJUDIR~QLFR
(QWUHWDQWR R YDORU GD FDXVD FRUUHVSRQGH H[DWDPHQWH DR YDORU GR
FRQWUDWR DWXDOL]DGR QmR VDEHQGR D DXWRUD GLDQWH GD DOHJDomR
JHQpULFDTXDORIXQGDPHQWRGDSUHOLPLQDUGHGX]LGD
1HVWHVHQWLGRVHJXHRFiOFXORGRYDORUDWXDOL]DGRGRFRQWUDWR
D ,QFRPSHWrQFLD &3& DUW  WHQGR HP YLVWD TXH DGX] VHU
FRQVXPLGRUHQHVVDPHGLGDWUDWDQGRVHGHUHODomRGHFRQVXPRQRV
WHUPRV GR DUW  , GR &yGLJR GH 'HIHVD GR &RQVXPLGRU R
UHFRQKHFLPHQWR GD LQFRPSHWrQFLD GR MXt]R FRP D UHPHVVD GR
SURFHVVRSDUDRIRURLQFOXVLYHFRPDVXVSHQVmRGDDXGLrQFLDGH
FRQFLOLDomRMiGHVLJQDGD&3&DUW†ž
7RGDYLDDDomRIRLSURSRVWDQRIRURGRORFDOGRLPyYHOFRPSHWHQWH
SDUDGLULPLUTXHVW}HVGHFRUUHQWHVGHFRPSURPLVVRGHFRPSUDHYHQGD
QRVWHUPRV/HL(VWDGXDOQDUWž,³D´H³E´VHJXQGRR
TXDO p FRPSHWHQWH R IRUR UHJLRQDO GR ORFDO GR LPyYHO
LQGHSHQGHQWHPHQWHGRYDORUGDFDXVDHQHVVHVHQWLGR

7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³&RQIOLWR QHJDWLYR GH FRPSHWrQFLD
$omR GH UHVFLVmR FRQWUDWXDO IXQGDGD HP FRPSURPLVVR GH FRPSUD H
YHQGD GH LPyYHO 5HGLVWULEXLomR GR IHLWR DR )RUR &HQWUDO HP UD]mR GR
YDORU GD FDXVD H[FHGHU R OLPLWH GH TXLQKHQWRV VDOiULRV PtQLPRV
,QYLDELOLGDGH &RPSHWrQFLD IXQFLRQDO GRV IRURV UHJLRQDLV TXH QD
KLSyWHVH LQGHSHQGH GR YDORU DWULEXtGR j FDXVD FRQIRUPH H[FHomR
SUHYLVWD QR DUWLJR ž LQFLVR L DOtQHD µE¶ GD OHL HVWDGXDO Qž 
&RQIOLWR FRQKHFLGR FRP D GHFODUDomR GD FRPSHWrQFLD GR MXt]R
VXVFLWDGR´ &RQIOLWR GH &RPSHWrQFLD  ±
5HODWRUD &ODXGLD /XFLD )RQVHFD )DQXFFKL ± &RPDUFD 6mR 3DXOR ±


 ÏUJmR MXOJDGRU &kPDUD (VSHFLDO ± 'DWD GR MXOJDPHQWR  ±
'DWDGHUHJLVWUR

2XWURVVLP R UpX p HVSHFXODGRU DGTXLULX GLYHUVRV LPyYHLV SDUD

HVSHFXODomR H LQFOXVLYH SUHWHQGH UHYHQGHU R LPyYHO REMHWR GD
YHUWHQWHUHIUHJDGRFXPHQWR
6HQGR DVVLP QmR p GHVWLQDWiULR ILQDO H FRQVHTXHQWHPHQWH QRV
WHUPRVGRVDUWVžHžGR&yGLJRGH'HIHVDGR&RQVXPLGRUDHVWH
GLSORPD OHJDO QmR VH VXEPHWH QmR DWUDLQGR DVVLP D DSOLFDomR GD
SUHUURJDWLYDGHIRURGRDUW,GD/HL&RQVXPHULVWD

7ULEXQDOGH-XVWLoDGH6mR3DXOR³&RPSURPLVVRGHFRPSUDHYHQGD±
)XQGR GH FRPpUFLR ± 3UHOLPLQDUHV FRUUHWDPHQWH DIDVWDGDV ±
&HUFHDPHQWR GH GHIHVD ±  ,QGHQL]DomR SRU GDQRV PRUDLV ±
5HVWLWXLomR GH YDORUHV ± ,QDGPLVVLELOLGDGH ± &RQWUDWR GH DOWR ULVFR
FRPXP QR UDPR GH DWLYLGDGH H GH FRQKHFLPHQWR GRV FRPSUDGRUHV ±
,QYLDELOLGDGHGHGHYROXomRGRPRQWDQWHJDVWRQDUHFXSHUDomRGRLPyYHO
H DTXLVLomR GH EHQV SDUD UHHVWUXWXUDomR H PRGHUQL]DomR ± 'LVSrQGLR
GHVWLQDGR DR DXPHQWR GD FDSDFLGDGH SURGXWLYD YLVDQGR OXFUR SRU
LQLFLDWLYD H[FOXVLYD GR LQYHVWLGRU ± ÐQXV GD VXFXPErQFLD UHSDUWLGRV
LJXDOLWDULDPHQWH±5HFXUVRSURYLGRHPSDUWHFRPREVHUYDomR3HUGDVH
GDQRV ± /XFURV FHVVDQWHV ± ,PSURFHGrQFLD ± $IDVWDPHQWR PDQWLGR SRU
VHXV SUySULRV IXQGDPHQWRV ± ,QDSOLFDELOLGDGH GR &yGLJR GH 'HIHVD GR
&RQVXPLGRU ± &RQWUDWR QmR GHULYDGR GH UHODomR GH FRQVXPR R TXH
GHVDXWRUL]D D UHVWLWXLomR GH YDORUHV SDJRV ± ,QYLDELOLGDGH GR UHWRUQR DR
VWDWXVTXRDQWHHPUD]mRGDFDUDFWHUtVWLFDGRQHJyFLRUHDOL]DGRDOpPGD
ORFDomR D WHUFHLUR GH ERDIp ± ÐQXV GD VXFXPErQFLD UHSDUWLGRV
LJXDOLWDULDPHQWH ± 5HFXUVR SURYLGR HP SDUWH´ $SHODomR
±5HODWRU-RDTXLP*DUFLD±&RPDUFD,WDSHFHULFDGD
6HUUD ± ÏUJmR MXOJDGRU  &kPDUD GH 'LUHLWR 3ULYDGR ± 'DWD GR
MXOJDPHQWR  ± 'DWD GH UHJLVWUR  ± 2XWURV
Q~PHURV

D ,OHJLWLPLGDGH GH SDUWH 1RV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO HP UD]mR GD FHVVmR QRWLFLDGD j IOV  SURSXJQD R
UpXDVXDLOHJLWLPLGDGHFRPDVXEVWLWXLomRSHORFHVVLRQiULR
1DGDREVWDQWHDFHVVmRFRQIHVVDGDPHQWHIHLWDVHPDDQXrQFLDGD
DXWRUDDHODQmRSRGHVHURSRVWDHQHVWDPHGLGD


 7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³$JUDYR GH LQVWUXPHQWR 6XVSHQVmR
GDRUGHPGHUHLQWHJUDomRGHSRVVHGHIHULGDQDVHQWHQoDFRPRHIHLWRGD
UHVROXomR GR FRQWUDWR GH FRPSURPLVVR GH FRPSUD H YHQGD LQDGLPSOLGR
,PSRVVLELOLGDGH  &RQWUDWR GH FRPSURPLVVR GH FRPSUD H YHQGD
&HVVmR GRV GLUHLWRV D WHUFHLUR VHP DQXrQFLD GD FRPSURPLVViULD
YHQGHGRUD1mRVHGLVFXWHDYDOLGDGHGRV³FRQWUDWRVGHJDYHWD´HQWUHDV
SDUWHVFRQWUDWDQWHVPDVQmRpUD]RiYHODGPLWLUDVXDRSRVLomRHPIDFH
GD FRPSURPLVViULD YHQGHGRUD TXH D HOH QmR DQXLX 'LDQWH GD IDOWD GH
DQXrQFLDGDDJUDYDQWHjFHVVmRGHGLUHLWRVFHOHEUDGDHQWUHRDJUDYDGRH
RV FRPSURPLVViULRV FRPSUDGRUHV RULJLQDLV QmR KDYLD LPSHGLPHQWR j
UHVROXomR GR FRQWUDWR GH FRPSURPLVVR GH FRPSUD H YHQGD H j
FRQVHTXHQWH UHLQWHJUDomR GH SRVVH GR LPyYHO HP VHX IDYRU  ( QmR
LPSRUWD R IDWR GH TXH R DJUDYDGR QmR LQWHJURX R SROR SDVVLYR GD
GHPDQGD QD TXDO IRL GHWHUPLQDGD D UHLQWHJUDomR GH SRVVH SRLV VH R
RFXSDQWH GR LPyYHO UHFHEHX D SRVVH GRV FRPSURPLVViULRV
FRPSUDGRUHVHVWiVXMHLWRDRGHVWLQRTXHUHFHEHURFRQWUDWRRULJLQiULRH
SRULVVRQmRSUHFLVDYDVHUFKDPDGRDRSURFHVVR9DOHOHPEUDUDLQGD
TXH D SRVVH GRV FHVVLRQiULRV VREUH R LPyYHO WHP R PHVPR FDUiWHU
SRUTXH GHULYDGD GD SRVVH GR FHGHQWH GH IRUPD TXH VH p LQMXVWD D
SRVVHGRFHGHQWHHPUD]mRGDVXDQDWXUH]DSUHFiULDDTXHODGDTXDOIRL
GHULYDGDpLJXDOPHQWHLQMXVWDGDtRDFHUWRHPPDQWHUDUHLQWHJUDomRGH
SRVVH 5HFXUVR SURYLGR SDUD DXWRUL]DU R FXPSULPHQWR GD RUGHP GH
UHLQWHJUDomRGHSRVVHGRLPyYHOGHIHULGDHPIDYRUGDDJUDYDQWH´$JUDYR
GH ,QVWUXPHQWR  UHO &DUORV $OEHUWR *DUEL
&kPDUDGH'LUHLWR3ULYDGRMHP5HJLVWUR

3RVWD DVVLP D TXHVWmR R UpX p HYLGHQWHPHQWH SDUWH OHJtWLPD

GHYHQGRVHUDIDVWDGDDDOHJDomRSUHOLPLQDU
,,±0pULWR
DUJXPHQWRVSDUDUHEDWHURPpULWR
,,,±/LWLJkQFLDGHPiIp
(PYLUWXGHGRTXHIRLH[SRVWRGHPRQVWUDQGRDXVrQFLDGHTXDOTXHU
REULJDomR FRP RV SULQFtSLRV GD OHDOGDGH SURFHVVXDO YHUGDGH H ERD
Ip D Up DOHJRX LQpUFLD SURSRVLWDO GRV DXWRUHV DIURQWDQGR GRFXPHQWR
HODERUDGR SRU HOD SUySULD GRFXPHQWR  WHQWDQGR PDVFDUDU D
YHUGDGHHHPEDLUDPpGLDDUJ~FLD
$VVLPDGX]FRQWHVWDomRFRQWUDIDWRVLQFRQWURYHUVRVVHPTXDOTXHU


DUJXPHQWR OyJLFR SDUD ILQV PDQLIHVWDPHQWH SURFUDVWLQDWyULRV
WXPXOWXDQGRRSURFHVVRHDOWHUFDQGROKHDYHUGDGHSURFHVVXDO
'HDFRUGRFRPRDUWGR&yGLJRGH3URFHVVR&LYLOOLWLJDGHPi
Ip

³$UW&RQVLGHUDVHOLWLJDQWHGHPiIpDTXHOHTXH
, ± GHGX]LU SUHWHQVmR RX GHIHVD FRQWUD WH[WR H[SUHVVR GH OHL RX IDWR
LQFRQWURYHUVR
,,±DOWHUDUDYHUGDGHGRVIDWRV

9 ± SURFHGHU GH PRGR WHPHUiULR HP TXDOTXHU LQFLGHQWH RX DWR GR
SURFHVVR´

$OWHUDUDYHUGDGHGRVIDWRVVHJXQGR1HOVRQ1HU\-UH5RVD0DULD
$QGUDGH1HU\

³ FRQVLVWH HP DILUPDU IDWR LQH[LVWHQWH QHJDU IDWR H[LVWHQWH RX GDU
YHUVmR PHQWLURVD SDUD IDWR YHUGDGHLUR $ /HL  UHWLURX R
HOHPHQWR VXEMHWLYR µLQWHQFLRQDOPHQWH¶ GHVWD QRUPD >VH UHIHULQGR DR
HTXLYDOHQWH DUW  GR &3&@ GH VRUWH TXH QmR PDLV VH H[LJH D
LQWHQomR R GROR GH DOWHUDU D YHUGDGH GRV IDWRV SDUD FDUDFWHUL]DU D
OLWLJkQFLD GH PiIp %DVWD D FXOSD RX R HUUR LQHVFXViYHO $
UHVSRQVDELOLGDGH GR OLWLJDQWH GH PiIp TXH FDXVD GDQR SURFHVVXDO p
DIHULGDHGHWHUPLQDGDQRVPHVPRVDXWRVQmRKDYHQGRQHFHVVLGDGHGH
VHUDMXL]DGDDomRDXW{QRPDSDUDWDQWR´

(QVLQDPDLQGD

³1mRpDSHQDVRIDWRLQFRQWURYHUVRGR&3&DUW,,H,,,>DWXDO,,
H,,,@TXHpDTXHOHDILUPDGRSRUXPDSDUWHHQmRFRQWHVWDGRSHODRXWUD
(VWH FRQWpP XP 3OXV FDUDFWHUL]DGR SHOD LPSRVVLELOLGDGH GH VHX
GHVFRQKHFLPHQWR SHOD SDUWH TXH GHGX] VXDV DOHJDo}HV QR SURFHVVR 2
OLWLJDQWH WHPHUiULR DJH FRP PiIp Mi TXH EXVFD r[LWR TXH VDEH VHU
LQGHYLGR $ LPSUXGrQFLD RX VLPSOHV LPSHUtFLD PHVPR QmR FRQILJXUDQGR
OLGH WHPHUiULD FDUDFWHUL]D LPSUXGrQFLD JUDYH YH] TXH GHFRUUH GH HUUR
LQHVFXViYHO R TXH VHJXQGR 0RUWDUD QmR SHUPLWH KHVLWDomR GR
0DJLVWUDGRHPFRQVLGHUDUDPiIp´

(PFDVRVFRPRHVVHVRV7ULEXQDLVWrPGHFLGLGRSHODFRQGHQDomR


 $QWHRH[SRVWRHUHLWHUDQGRRVWHUPRVFRQWLGRVQDH[RUGLDOHVSHUD
D DXWRUD R DIDVWDPHQWR GDV SUHOLPLQDUHV QRV WHUPRV GHVWD UpSOLFD H
UHFRQKHFLGD D OHJLWLPLGDGH GR UpX VHMD D DomR MXOJDGD SURFHGHQWH
FRQGHQDGR R UpX HP FXVWDV GHVSHVDV SURFHVVXDLV KRQRUiULRV GH
DGYRJDGR H OLWLJkQFLD GH PiIp HP PXOWD GH  VREUH R YDORU GD
FDXVD&3&DUWFDSXWSRUVHUPHGLGDGHLQWHLUDMXVWLoD
7HUPRVHPTXH
SGHIHULPHQWR
'DWD
$GYRJDGR2$%
'RFXPHQWRV

3.5. EMENDA DA INICIAL PARA SUBSTITUIR O RÉU EM RAZÃO DE

ALEGAÇÃO DE ILEGITIMIDADE EM CONTESTAÇÃO

([PRD6UD'UD-XL]DGH'LUHLWRGD

YHPUHVSHLWRVDPHQWHSHUDQWH9RVVD([FHOrQFLDQDDomR
TXHSURS{VHPIDFHGHQRVWHUPRVGRDUWGR&3&UHTXHUHU
RTXDQWRVHJXH
7HQGR HP YLVWD D DOHJDomR GR UpX QD FRQWHVWDomR H UHYHQGR VHXV
DUTXLYRVGHIDWRKRXYHFHVVmRDQXtGDGRFRQWUDWRFXMDUHVROXomRVH
UHTXHU
3RVWDDVVLPDTXHVWmRFRPIXQGDPHQWRQRDUWGR&yGLJRGH
3URFHVVR &LYLO UHTXHUVH D VXEVWLWXLomR GR UpX SHOR LQGLFDGR QD
FRQWHVWDomR6U
(PFRQVRQkQFLDFRPRDFDWDGRUHTXHUVHDIL[DomRGRUHHPEROVR
GH FXVWDV H KRQRUiULRV GHYLGRV DR UpX RULJLQDO RUD VXEVWLWXtGR QR
PtQLPR OHJDO GH  GR YDORU DWULEXtGR j FDXVD GHWHUPLQDGR QR
SDUiJUDIR~QLFRGRDUWGR&yGLJRGH3URFHVVR&LYLOUHTXHUHQGR
RXWURVVLP D MXQWDGD GD SHWLomR LQLFLDO DOWHUDGD TXH VHJXH DQH[D H
EHPDVVLPDFLWDomRGRQRYRUpX
7HUPRVHPTXHMXQWDQGRDVFXVWDVSDUDDFLWDomR
3GHIHULPHQWR


 'DWD
$GYRJDGR2$%

3.6. EMENDA DA INICIAL PARA INCLUIR RÉU EM RAZÃO DE

ALEGAÇÃO DE ILEGITIMIDADE EM CONTESTAÇÃO

([PRD6UD'UD-XL]DGH'LUHLWRGD

YHPUHVSHLWRVDPHQWHSHUDQWH9RVVD([FHOrQFLDQDDomR
TXHSURS{VHPIDFHGHQRVWHUPRVGRDUWGR&3&UHTXHUHU
RTXDQWRVHJXH
7HQGR HP YLVWD D DOHJDomR GR UpX QD FRQWHVWDomR GH FHVVmR GRV
GLUHLWRV VHP FRQVHQWLPHQWR GR DXWRU PLVWHU VH ID] D LQFOXVmR GR
FHVVLRQiULRRTXHGHVGHMiVHUHTXHU
,VWR SRUTXH HQWHQGH D MXULVSUXGrQFLD D DSOLFDomR GR LQVWLWXWR GD
VROLGDULHGDGH HQWUH FHGHQWH H FHVVLRQiULR TXDQGR QmR Ki FRPR QR
YHUWHQWHFDVR±DQXrQFLDGRFUHGRURUDDXWRU
1HVWDPHGLGD

7ULEXQDOGH-XVWLoDGH6mR3DXOR ³&RPSURPLVVR GH &RPSUD H 9HQGD

5HLQWHJUDomR GD SRVVH &HVVmR LUUHJXODU GR FRQWUDWR VHP DQXrQFLD GD
FRPSURPLWHQWHYHQGHGRUD 6ROLGDULHGDGH HQWUH FHGHQWH H FHVVLRQiULR
,QHILFiFLD HP UHODomR DR YHQGHGRU $SHODomR SURYLGD HP SDUWH SDUD D
UHVROXomR GR FRQWUDWR VHP D SUHWHQGLGD UHLQWHJUDomR GH SRVVH GD
FHVVLRQiULDGDUpQmRFLWDGDSDUDDDomR´$SHO&tYQž±6mR
3DXOR ±  &kPDUD GH 'LUHLWR 3ULYDGR ± UHO 9DVFRQFHOORV 3HUHLUD ±
±YX

3RVWD DVVLP D TXHVWmR DWp SDUD SRVVLELOLWDU D HILFiFLD GD GHFLVmR

HP IDFH GR FHVVLRQiULR FRP IXQGDPHQWR QR DUW  GR &yGLJR GH
3URFHVVR &LYLO UHTXHUVH D LQWHJUDomR GR 6U  QD TXDOLGDGH GH
OLWLVFRQVRUWHSDVVLYR
(P FRQVRQkQFLD FRP R DFDWDGR UHTXHUVH D MXQWDGD GD SHWLomR
LQLFLDO DOWHUDGD TXH VHJXH DQH[D H EHP DVVLP D FLWDomR GR
OLWLVFRQVRUWH
7HUPRVHPTXHMXQWDQGRDVFXVWDVSDUDDFLWDomR


 3GHIHULPHQWR
'DWD
$GYRJDGR2$%

3.7. PETIÇÃO INICIAL – COBRANÇA DE DÉBITOS CONDOMINIAIS –

UTILIZAÇÃO DA FACULDADE DA AÇÃO DE CONHECIMENTO
AINDA QUE HAJA TÍTULO EXECUTIVO EXTRAJUDICIAL (CPC,
ART. 785)

([PRD6UD'UD-XL]DGH'LUHLWRGD

 YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD SRU VHX
DGYRJDGR GRFXPHQWR  ± FRQYHQomR GH FRQGRPtQLR DWD GH HOHLomR
GR VtQGLFR H SURFXUDomR DIRUDU SHOR SURFHGLPHQWR FRPXP HP IDFH
GHDFRPSHWHQWH
$omRGHFREUDQoDGHGHVSHVDVFRQGRPLQLDLV
R TXH ID] FRP VXSHGkQHR QR DUW  H VHJXLQWHV GR &yGLJR GH
3URFHVVR &LYLO DUWV  , H  9,, GR &yGLJR &LYLO H SHORV
DUJXPHQWRVGHIDWRHGHGLUHLWRDVHJXLUDGX]LGRV
,±)DWRVH'LUHLWRV
$QWHVDWpGDQDUUDomRGRVIDWRVHVFODUHFHRFRQGRPtQLRDXWRUTXH
SRVVXLLQWHUHVVHQDIRUPDomRGHWtWXORH[HFXWLYRMXGLFLDOHPTXHSHVH
RIDWRGDDGPLVVmRGDYLDH[HFXWLYDRTXHID]QRVWHUPRVGRDUW
;GR&yGLJRGH3URFHVVR&LYLO
1HVVH VHQWLGR R PDQGDPHQWR LQVFXOSLGR QR DUW  GR &yGLJR GH
3URFHVVR&LYLO

³$UW  $ H[LVWrQFLD GH WtWXOR H[HFXWLYR H[WUDMXGLFLDO QmR LPSHGH D

SDUWH GH RSWDU SHOR SURFHVVR GH FRQKHFLPHQWR D ILP GH REWHU WtWXOR
H[HFXWLYRMXGLFLDO´

3RVWDDVVLPDTXHVWmRRUpXpSURSULHWiULRGRLPyYHORQGHUHVLGH
RVWHQWDQGRSRUWDQWRDFRQGLomRGHFRQG{PLQR
7RGDYLD QmR YHP FXPSULQGR D REULJDomR GH SDJDU DV GHVSHVDV
FRQGRPLQLDLV GR VHX LPyYHO GRFXPHQWR  ± FySLD GD PDWUtFXOD


HVWDQGRHPGpELWRFRPRSDJDPHQWRGRVPHVHVGH
2 UpX WDPEpP QmR FXPSULX D REULJDomR GH SDJDU D FRWD H[WUD
DSURYDGD QD $VVHPEOHLD GH  GHVWH DQR SRU XQDQLPLGDGH SDUD
LQVWDODomRGHSRUWHLURHOHWU{QLFRVHUYLoRLQFOXVLYHMiUHDOL]DGRQDVXD
XQLGDGH GRFXPHQWR  ± DWD GD DVVHPEOHLD EHP FRPR FySLD GD
FRQYRFDomRHVSHFtILFD
$FRWDH[WUDUHIHUHQWHDRSRUWHLURHOHWU{QLFRLPSRUWDHP5
$ &RQYHQomR GH &RQGRPtQLR GRFXPHQWR  HVWDEHOHFH R
YHQFLPHQWRGRVUDWHLRVGHGHVSHVDVFRQGRPLQLDLVQRSULPHLURGLD~WLO
GH FDGD PrV PXOWD GH  GRLV SRU FHQWR SDUD SDJDPHQWR DSyV R
YHQFLPHQWRSUHYHQGRDLQGDMXURVGHPRUDGHXPSRUFHQWRDR
PrVHDXWRUL]DDFREUDQoDGHFRUUHomRPRQHWiULDGHVGHRYHQFLPHQWR
GDREULJDomRDOpPGHKRQRUiULRVGHDGYRJDGRGH&yGLJR&LYLO
DUW
$WpDSUHVHQWHGDWDDVVLPHVWiGHPRQVWUDGRRGpELWRGRUpX
SODQLOKD
$QH[D j SUHVHQWH H[RUGLDO R DXWRU RIHUHFH FySLD GD DWD GD
$VVHPEOHLD *HUDO 2UGLQiULD TXH DSURYRX D SUHYLVmR RUoDPHQWiULD
GRFXPHQWR
,,±3HGLGR
'LDQWH GH WRGR R H[SRVWR UHTXHU R DXWRU VHMD D SUHVHQWH DomR
MXOJDGD SURFHGHQWH FRP D FRQGHQDomR GR UpX QR SDJDPHQWR GD
LPSRUWkQFLD GH 5  EHP FRPR GDV GHVSHVDV FRQGRPLQLDLV TXH
YHQFHUHP QR FXUVR GR SURFHVVR DWp D VDWLVIDomR GD REULJDomR
6~PXOD  GR 7ULEXQDO GH -XVWLoD GH 6mR 3DXOR &3& DUW 
DFUHVFLGDV GH MXURV GH  DR PrV FRUUHomR PRQHWiULD H KRQRUiULRV
GH DGYRJDGR TXH 9RVVD ([FHOrQFLD KRXYHU SRU EHP DUELWUDU
UHVSHLWDGRVRVSDUkPHWURVOHJDLV
,,,±&LWDomR
5HTXHUVHTXHDFLWDomRVHMDHIHWXDGDSHORFRUUHLRQRVWHUPRVGRV
DUWV,HGR&yGLJRGH3URFHVVR&LYLOSDUDUHVSRQGHUQR
SUD]RGHGLDVDUWGR&yGLJRGH3URFHVVR&LYLOVRESHQDGH
VHUHPWLGRVSRUYHUGDGHLURVWRGRVRVIDWRVDTXLDOHJDGRVDUWGR


&yGLJR GH 3URFHVVR &LYLO GHYHQGR R UHVSHFWLYR PDQGDGR FRQWHU DV
ILQDOLGDGHV GD FLWDomR DV UHVSHFWLYDV GHWHUPLQDo}HV H FRPLQDo}HV
EHP FRPR D FySLD GR GHVSDFKR GRD 00 -XL]D FRPXQLFDQGR
DLQGD R SUD]R SDUD UHVSRVWD R MXt]R H R FDUWyULR FRP R UHVSHFWLYR
HQGHUHoR
2X
1RVWHUPRVGRDUW,,GR&yGLJRGH3URFHVVR&LYLOMXVWLILFDUR
PRWLYR SRVWR TXH D FLWDomR SRU 2ILFLDO GH -XVWLoD p VXEVLGLiULD
UHTXHUVH D FLWDomR SRU LQWHUPpGLR GR 6U 2ILFLDO GH -XVWLoD SDUD
TXHUHQGR UHVSRQGHU QR SUD]R GH  GLDV DUW  GR &yGLJR GH
3URFHVVR &LYLO VRE SHQD GH VHUHP WLGRV SRU YHUGDGHLURV WRGRV RV
IDWRVDTXLDOHJDGRVDUWGR&yGLJRGH3URFHVVR&LYLOGHYHQGR
RUHVSHFWLYRPDQGDGRFRQWHUDVILQDOLGDGHVGDFLWDomRDVUHVSHFWLYDV
GHWHUPLQDo}HVHFRPLQDo}HVEHPFRPRDFySLDGRGHVSDFKRGRD
00 -XL]D FRPXQLFDQGR DLQGD R SUD]R SDUD UHVSRVWD R MXt]R H R
FDUWyULR FRP R UHVSHFWLYR HQGHUHoR IDFXOWDQGRVH DR 6U 2ILFLDO GH
-XVWLoD HQFDUUHJDGR GD GLOLJrQFLD SURFHGHU QRV GLDV H KRUiULRV GH
H[FHomR&3&DUW†ž
,9±$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLORDXWRU
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR R DXWRU GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
9±3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH


3URFHVVR&LYLO
9,±9DORUGDFDXVD
'iVHjSUHVHQWHRYDORUGH5YDORUGRGpELWRHVHKRXYHUSHGLGR
GHFRWDVYLQFHQGDVDFUHVFLGRGHFRWDVYLQFHQGDV±&3&DUW
††žHž
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

3.8. CONTESTAÇÃO DE AÇÃO DE COBRANÇA DE DÉBITOS

CONDOMINIAIS

([PR6U'U-XL]GH'LUHLWRGD
$XWRVQž
 YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD SRU VHXV
SURFXUDGRUHVTXHUHFHEHPLQWLPDo}HVQDQRVDXWRVGDDomRGH
FREUDQoD GH GpELWRV FRQGRPLQLDLV SHOR ULWR FRPXP SURFHGLPHQWR
VXPiULRTXHOKHVPRYHRSURFHVVRHPHStJUDIHDSUHVHQWDUVXD
&RQWHVWDomR
RTXHID]HPFRPVXSHGkQHRQRVDUJXPHQWRVIiWLFRVHMXUtGLFRVTXH
DVHJXLUDUWLFXODGDPHQWHSDVVDPDDGX]LU
,±5HVXPRGDLQLFLDO
2 DXWRU SUHWHQGH UHFHEHU GRV UpXV YDORUHV UHIHUHQWHV D GpELWRV
FRQGRPLQLDLV ± ³DomR GH FREUDQoD GH HQFDUJRV SDWULPRQLDLV´ VLF ±
DOpPGDVSDUFHODVTXHVHYHQFHUHPQRFXUVRGDDomR7DOSUHWHQVmR
FRPR VH YHUi p FRPSOHWDPHQWH GHVSLGD GH IXQGDPHQWR IiWLFR H
MXUtGLFR
,,±)DWRV
1R GLD  RV UpXV DGTXLULUDP R DSDUWDPHQWR  GR &RQGRPtQLR
 GD HPSUHVD  R TXH IL]HUDP DWUDYpV GH LQVWUXPHQWR SDUWLFXODU
GHYHQGDHFRPSUDFRPILQDQFLDPHQWRHSDFWRDGMHWRGHKLSRWHFDVRE


Qž  GHYLGDPHQWH UHJLVWUDGR j PDUJHP GD PDWUtFXOD GR LPyYHO
ILQDQFLDPHQWRHVWHTXHIRLFRQFHGLGRSHOR%DQFR
7RGDYLD FHGHUDP WRGRV RV GLUHLWRV H REULJDo}HV UHIHUHQWHV DR
DOXGLGR LPyYHO DWUDYpV GH FRQWUDWR SDUWLFXODU GH FRPSURPLVVR GH
FRPSUD H YHQGD GDWDGR GH  GRFXPHQWR  D  TXH SDVVRX D
UHVLGLUQRLPyYHO
&RPR EHP VDEH R DXWRU Mi TXH HQYLRX RV DYLVRV GH FREUDQoD DR
FHVVLRQiULRYLGHIOVH±GRFXPHQWRVHGDLQLFLDODSDUWLUGR
PRPHQWR HP TXH VH RSHURX D FHVVmR  ± WRGRV RV SDJDPHQWRV
GHYLGRV SHODV GHVSHVDV FRQGRPLQLDLV VmR GH UHVSRQVDELOLGDGH H
IRUDPHIHWXDGRVSHORFHVVLRQiULRDGTXLUHQWH6U
3HORTXHVHREVHUYDDH[RUGLDOIDOWDFRPDYHUGDGHYH]TXHMDPDLV
KRXYH³LQVLVWHQWHVFRQWDWRVSURPRYLGRVSHORFRQGRPtQLR´DWpSRUTXH
RVDYLVRVIRUDPHQYLDGRVDRSUySULR6UHQmRDRVUpXVIOVH
±LWHPGDLQLFLDOGRFXPHQWRHPDQH[RH[WUDtGRGDVIOV
3RUWDQWRVHRVSDJDPHQWRVQmR IRUDPHIHWXDGRVQmRRIRUDPHP
IDFH GH Mi WHU VLGR RSHUDGD D FHVVmR GRV GLUHLWRV H REULJDo}HV GD
XQLGDGHDWHUFHLUR±6U±IDWRHVVHGHSOHQRFRQKHFLPHQWRGR
DXWRUDWpSRUTXHDHVVHWHUFHLURHQYLRXDV³FDUWDVGHFREUDQoD´IOV
H
2V UpXV UHFHEHUDP XPD ~QLFD FRUUHVSRQGrQFLD WHOHJUDPD ±
GRFXPHQWR  HP  TXH GH PDQHLUD IDODFLRVD LQIRUPDYD TXH D
DomR Mi SURSRVWD ± VHULD DIRUDGD HP  KRUDV QR FDVR GH QmR
DWHQGLPHQWR
,PHGLDWDPHQWHDSyVRUHFHELPHQWRGDPLVVLYDRFRUUpXHVWHYH
QRHVFULWyULRGRVSDWURQRVGRDXWRUWHQGRVLGRUHFHELGRSHOR'U
1HVVD RSRUWXQLGDGH GHPRQVWUDQGR ERDIp HQWUHJRXOKH FySLD GR
FRQWUDWR GH FHVVmR ILUPDGR FRP R 6U  TXDQGR IRL UDWLILFDGD D
LQYHUGDGH GH TXH R FRQGRPtQLR DLQGD QmR KDYLD LQJUHVVDGR FRP D
DomRGHFREUDQoD
$RV UpXV DLQGD IRL GLWR TXH p IDWR QRWyULR QR SUpGLR H GH
FRQKHFLPHQWR GR ³VtQGLFR´ D FLUFXQVWkQFLD GR DWXDO WLWXODU VHU R 6U
MiTXHRPHVPRSUHWHQGHXFDQGLGDWDUVHDVtQGLFRRTXHVyQmR
IRL SRVVtYHO HP YLUWXGH GH HQFRQWUDUVH HP GpELWR FRP DV


FRQWULEXLo}HV H SRU WDO UD]mR LPSHGLGR GH FRQFRUUHU QRV WHUPRV GD
&RQYHQomR
0HVPR DVVLP RV UpXV QRWLILFDUDP R FRQGRPtQLR QR VHQWLGR GH
HVFODUHFHU TXH QHQKXP GLUHLWR RX REULJDomR PDLV OKHV FRPSHWLD HP
IDFHGDXQLGDGHGRFXPHQWR
'LDQWH GH WXGR R TXDQWR IRL H[SRVWR FRP VXUSUHVD UHFHEHUDP D
FLWDomRSDUDDSUHVHQWHDomRGHFREUDQoDGHGpELWRVFRQGRPLQLDLV
,,,±3UHOLPLQDUHV
D,OHJLWLPLGDGHSDVVLYD
2V UpXV VmR SDUWHV PDQLIHVWDPHQWH LOHJtWLPDV SDUD ILJXUDU QR SROR
SDVVLYRGDSUHVHQWHDomR
&RPR VH SURYD GR LQVWUXPHQWR GH FHVVmR GRFXPHQWR  H GDV
SUySULDV FDUWDV HQYLDGDV SHOR FRQGRPtQLR IOV  H  ± LWHP  GD
LQLFLDOGRFXPHQWRHPDQH[RH[WUDtGRGDVIOVGHVGHR6U
WRPRXSRVVHHSDVVRXDUHVLGLUQRLPyYHOVHQGRRWLWXODUGDXQLGDGH
FRQGRPLQLDO H SDUWH OHJtWLPD SDUD UHVSRQGHU D TXDOTXHU FREUDQoD GH
GpELWRVGDXQLGDGHGR(GLItFLR
&RQYpP UHVVDOWDU TXH HP FDVR GH FHVVmR GH FRQWUDWRV R
FHVVLRQiULRVXEURJDVHQRVGLUHLWRVHREULJDo}HVGRFHGHQWH
1HVVHFDVRRVFUpGLWRVHRVGpELWRVGRLPyYHOVmRWUDQVPLWLGRVDR
FHVVLRQiULR
'HVWDUWH D SDUWLU GD FHVVmR RSHUDGD UHVSRQVDELOL]DVH R
FHVVLRQiULRSHORSDJDPHQWRGHYDORUHVFRQGRPLQLDLVFREUDGRV
$OLiVHVVDpH[DWDPHQWHDGHFLVmRDVHJXLU

7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³$omR GH &REUDQoD 'HVSHVDV
FRQGRPLQLDLV ([LVWrQFLD GH ,QVWUXPHQWR 3DUWLFXODU GH &HVVmR GH
'LUHLWRVQmRUHJLVWUDGR&LrQFLDLQHTXtYRFDGRFRQGRPtQLRDXWRUTXDQWRj
SRVVH GR FHVVLRQiULR j pSRFD GD SURSRVLWXUD GD DomR HYLGHQFLDGD SHOD
HPLVVmRGRVEROHWRVGHFREUDQoDHPVHXQRPH,OHJLWLPLGDGHSDVVLYDDG
FDXVDPGRVFHGHQWHVGHFODUDGDFRPDFHUWR9LQFXODomRGRFHVVLRQiULR
j LQWHJUDOLGDGH GDV GHVSHVDV FRQGRPLQLDLV YHQFLGDV H QmR SDJDV 
5HFXUVR GR UpX 5DSKDHO GHVSURYLGR SURYLGR HP SDUWH R DSHOR GR
FRQGRPtQLR DXWRU´ $SHODomR  ± 5HODWRU
$LUWRQ 3LQKHLUR GH &DVWUR ±  &kPDUD GH 'LUHLWR 3ULYDGR ± M HP


 

1HP SRGHULD R &RQGRPtQLR DOHJDU GHVFRQKHFLPHQWR GR IDWR GD

FHVVmRYH]TXHDOpPGDQRWLILFDomRRFHVVLRQiULR±YHUGDGHLURWLWXODU
GDXQLGDGH±DWpSRVWXORXRFDUJRGHVtQGLFRFRQIRUPHGLWRDOKXUHV
$GHPDLVRV³LQVLVWHQWHVFRQWDWRVSURPRYLGRVSHORFRQGRPtQLR´IRUDP
SURPRYLGRVHPIDFHGHVWH±6U±HQmRGRVUpXVFRQIRUPHSURYD
RVGRFXPHQWRVWUD]LGRVjFRODomRSHORSUySULRDXWRU±GRFXPHQWRVH
GDLQLFLDO±IOVHGRVDXWRV
&RPR VH SRGH QRWDU D KRGLHUQD H UHPDQVRVD RULHQWDomR
MXULVSUXGHQFLDO p QR VHQWLGR GH FRQVLGHUDU TXH DV GHVSHVDV GH
FRQGRPtQLR QmR VmR GH UHVSRQVDELOLGDGH GDTXHOH TXH GHWpP R WtWXOR
UHJLVWUDGRGHYHQGRHPYHUGDGHRSHUDUVHHPIDFHGRDGTXLUHQWHGD
XQLGDGH LQGHSHQGHQWHPHQWH GR IDWR GR WtWXOR DTXLVLWLYR QmR HVWDU
UHJLVWUDGRQDFRPSHWHQWH&LUFXQVFULomR,PRELOLiULD

7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³$SHODomR FtYHO $omR GH FREUDQoD
'HVSHVDV&RQGRPLQLDLV6HQWHQoDTXH-XOJRX([WLQWRR3URFHVVRVHP
UHVROXomR GR PpULWR QRV WHUPRV GR DUWLJR  LQFLVR 9, GR &yGLJR GH
3URFHVVR &LYLO >DWXDO DUW  9,@ ,QFRQIRUPLVPR 1mR DFROKLPHQWR
7UDQVPLVVmR GD SRVVH DRV 3URPLVViULRV &RPSUDGRUHV PHGLDQWH
&RQWUDWRGH&RPSURPLVVRGH&RPSUDH9HQGDGH,PyYHO$DXVrQFLDGH
RXWRUJD X[yULD GD HVSRVD GR 3URPLWHQWH &RPSUDGRU QmR LPSHGH D
YDOLGDGH GR UHIHULGR &RQWUDWR ,OHJLWLPLGDGH 3DVVLYD GR 3URPLWHQWH
9HQGHGRU &RQILJXUDGD )DWR SUHVXPLGDPHQWH GH FRQKHFLPHQWR GR
&RQGRPtQLR$XWRU'HFLVmREHPIXQGDPHQWDGD5DWLILFDomRGDVHQWHQoD
QRV WHUPRV GR DUWLJR  GR 5HJLPHQWR ,QWHUQR 5HFXUVR QmR SURYLGR´
$SHODomR  ± 5HODWRU 3HQQD 0DFKDGR ± 
&kPDUDGH'LUHLWR3ULYDGR±M

&RPRVHGHSUHHQGHpDRULHQWDomRTXHPDLVVHFRDGXQDFRPDOHL
H FRP D MXVWLoD YH] TXH QR PXQGR IiWLFR p VDELGD D H[LVWrQFLD GRV
FKDPDGRV ³FRQWUDWRV GH JDYHWD´ SUiWLFD Mi DUUDLJDGD QRV QHJyFLRV
LPRELOLiULRV TXH QmR WHP VLGR LJQRUDGD SHOR -XGLFLiULR DWHQWR j
UHDOLGDGHVRFLDO
6HQGR DVVLP REULJDU R FHGHQWH DR SDJDPHQWR GH GHVSHVDV GH
H[FOXVLYD UHVSRQVDELOLGDGH GR FHVVLRQiULRDGTXLUHQWH VHULD SUHPLDU R
HQULTXHFLPHQWR LOtFLWR GHVWH TXH DILQDO p R YHUGDGHLUR SRVVXLGRU H


WLWXODUGRLPyYHO
2UD TXHP UHVLGH QR DSDUWDPHQWR H XVXIUXL RV VHUYLoRV iJXD
HOHYDGRUHVHGHPDLVHTXLSDPHQWRVGRSUpGLR"
3RU HYLGHQWH TXH QmR VmR RV FHGHQWHV RUD UpXV TXH QHQKXP
GLUHLWRPDLVSRVVXHPVREUHRLPyYHO
$OLiV D MXULVSUXGrQFLD DWXDO DFHUFD GR FDVR HP WHOD HP
FRQVRQkQFLDFRPRVDUWLJRVžHGD/HLDUWV†
ž H  GR &yGLJR &LYLO QmR p QRYD H VHJXH D OLomR GH :LOVRQ
0HOR GD 6LOYD HP REUD DGPLUiYHO LQFOXVLYH UHSRUWDQGRVH DR
³)DXVWR´ GH *RHWKH VHJXQGR R TXDO D HYROXomR UHIOHWH R VRFLDO
SULPDQGR VREUH R LQGLYLGXDO D UHDOLGDGH VH LPSRQGR j ILFomR R IDWR
WULXQIDQGRVREUHDSDODYUD

3ULPHLUR 7ULEXQDO GH $OoDGD &LYLO GH 6mR 3DXOR ³,OHJLWLPLGDGH DG

FDXVDP ± FRQGRPtQLR ± GHVSHVDV FRQGRPLQLDLV ± FRPSUD H YHQGD GH
XQLGDGH FRQGRPLQLDO LPLWLGRV RV SURPLWHQWHV FRPSUDGRUHV
LPHGLDWDPHQWH QD SRVVH ± LUUHOHYkQFLD GD QmR WUDQVFULomR GD HVFULWXUD
QR &DUWyULR GH 5HJLVWUR GH ,PyYHLV ± LOHJLWLPLGDGH GR SURPLWHQWH
YHQGHGRU SDUD UHVSRQGHU SHOD DomR GH FREUDQoD ± FREUDQoD
LPSURFHGHQWH±UHFXUVRSURYLGR´$SHODomR6XPDUtVVLPRQž
± 6mR 3DXOR ±  &kPDUD ±  ± UHODWRU )UDQFR GH *RGRL
GHFLVmRXQkQLPH
3ULPHLUR7ULEXQDOGH$OoDGD&LYLOGH6mR3DXOR³&RQGRPtQLR±DomRGH
FREUDQoD GH GHVSHVDV FRQGRPLQLDLV PRYLGD FRQWUD FRPSURPLVViULD
FRPSUDGRUD GR DSDUWDPHQWR LPLWLGD QD SRVVH GLUHWD PDV VHP WtWXOR
GRPLQLDOUHJLVWUDGR±LQLFLDOLQGHIHULGD±UHFXUVRSURYLGRSDUDTXHDDomR
SURVVLJDDGPLWLGDDOHJLWLPDomRGDUp´$SHODomRQž±6mR
3DXOR ±  &kPDUD  UHODWRU 0iUFLR )UDQNOLQ 1RJXHLUD 3RU
PDLRULD±-7$/H[
6HJXQGR 7ULEXQDO GH $OoDGD &LYLO GH 6mR 3DXOR ³&REUDQoD ±
/HJLWLPLGDGHSDVVLYD±'HVSHVDVFRQGRPLQLDLV±3URPLWHQWHFRPSUDGRU
± 9HQFLPHQWR DQWHULRU H SRVWHULRU D DTXLVLomR ± 5HFRQKHFLPHQWR 2
SURPLWHQWHFRPSUDGRUGHLPyYHOUHVSRQGHSHODVGtYLGDVGHVXDXQLGDGH
FRQGRPLQLDO TXHU YHQFLGDV DQWHV TXHU YHQFLGDV DSyV D DTXLVLomR (
SRGH DR GHSRLV YROWDUVH FRQWUD TXHP GHL[RX GH SDJiODV DR
FRQGRPtQLR SRU REULJDomR FRQWUDWXDOPHQWH DVVXPLGD $SHOR SURYLGR
SDUD DFROKHU LQWHJUDOPHQWH D GHPDQGD´ $SHO V UHY Qž  


 &kP UHO -XL] 0DULDQR 6LTXHLUD M HP  1R PHVPR VHQWLGR
$SHO V UHY Qž   &kP UHO -XL] &DUORV 6WURSSD M HP
TXDQWRDSURPLWHQWHFRPSUDGRURXDUUHPDWDQWH$SHOVUHY
Qž  ±  &kP ± UHO -XL] 0HQGHV *RPHV ± M HP ž ±
TXDQWRDDGTXLUHQWH$SHOVUHYQž±&kP±UHO-XL]&HOVR
3LPHQWHO±MHP
7ULEXQDO GH $OoDGD GR 3DUDQi ³$SHODomR FtYHO ± &REUDQoD ± 7D[DV
FRQGRPLQLDLV FRPSURPLVVR GH FRPSUD H ± 9HQGD ± 5HVSRQVDELOLGDGH
SHOR SDJDPHQWR ± 5HFXUVR LPSURYLGR 2 SURPLWHQWHYHQGHGRU QmR p
UHVSRQViYHOSHORSDJDPHQWRGDVWD[DVFRQGRPLQLDLVGRLPyYHOYHQGLGR
/HJLVODomR && ± DUW  'RXWULQD :DVKLQJWRQ GH %DUURV 0RQWHLUR
&XUVR GH GLUHLWR FLYLO  HG  YRO  2UODQGR *RPHV 'LUHLWRV
UHDLV  HG  &DLR 0iULR GD 6LOYD 3HUHLUD &RQGRPtQLR H
,QFRUSRUDo}HV  HG (GLWRUD )RUHQVH  S ´ $SHO &tY Qž
±&XULWLED±-XL]0DQDVVHVGH$OEXTXHUTXH±&kP&tY±
MHPž±$FQž±SXEOLF
7ULEXQDO GH $OoDGD &tYHO GR 5LR GH -DQHLUR ³&RQGRPtQLR 'HVSHVDV
&REUDQoD GH FRWDV $GTXLUHQWH /HJLWLPLGDGH SDVVLYD (P IDFH GH
UHFHQWHDOWHUDomRGRSDUiJUDIR~QLFRGRDUWžGD/HLUHSXWDVH
FRPOHJLWLPLGDGHSDVVLYDSDUDUHVSRQGHUSHORVGpELWRVFRQGRPLQLDLVR
DGTXLUHQWH GD XQLGDGH LPRELOLiULD FRPR WDO FRQVLGHUDGR R FHVVLRQiULR
GRV GLUHLWRV j DTXLVLomR GD PHVPD DLQGD TXH R LQVWUXPHQWR UHVSHFWLYR
QmRVHDFKHUHJLVWUDGRQR5*,SHUWLQHQWH3UHFHGHQWHGR67-´$SHODomR
&tYHO Qž  ± UHJ  FRG  ±  &kPDUD ± SRU
PDLRULD±-XL]/XL]2GLORQ*RPHV%DQGHLUD±MXOJDPHQWR
7ULEXQDO GH -XVWLoD GR 'LVWULWR )HGHUDO ³3URFHVVXDO &LYLO ± DomR GH
FREUDQoD ± GtYLGD GH FRQGRPtQLR ± FDUiWHU SURSWHU UHP ±
UHVSRQVDELOLGDGH GR FHVVLRQiULR GH GLUHLWR VREUH R LPyYHO  ± $V
REULJDo}HV RULXQGDV GH GtYLGDV GH FRQGRPtQLR HP HGLItFLR WrP FDUiWHU
SURSWHUUHPDGHULQGRjFRLVDHQmRjSHVVRDTXHDVFRQWUDLXGHIRUPD
TXHRDWXDOFHVVLRQiULRGRVGLUHLWRVVREUHRLPyYHOUHVSHFWLYRUHVSRQGH
SRU HODV  ± 5HFXUVR GHVSURYLGR 'HFLVmR &RQKHFHU H LPSURYHU
8QkQLPH´ $SHODomR &tYHO Qž  ± ') ±  ±  7XUPD
&tYHO±UHODWRU'HVHPEDUJDGRU-RmR0DULRVD±'LiULRGD-XVWLoD6HomR
,,6HomR,,,±±S

)DOWDSRUWDQWRXPDGDVFRQGLo}HVGDDomRTXDOVHMDDSHUWLQrQFLD
VXEMHWLYDRXDWLWXODULGDGHGRGLUHLWRPDWHULDO


 $VVLP GHYH R DXWRU VHU GHFODUDGR FDUHFHGRU GD DomR H[WLQWR R
SURFHVVRVHPMXOJDPHQWRGHPpULWRDUW9,FFRDUW;,GR
&3& FRQGHQDGR D SDJDU GHVSHVDV H YHUED KRQRUiULD FRQVRDQWH
DSUHFLDomRHTXLWDWLYDGH9RVVD([FHOrQFLD
E,OHJLWLPLGDGHDWLYD
2&yGLJR&LYLOHVWDEHOHFHTXH

³$UW  $ DVVHPEOHLD HVFROKHUi XP VtQGLFR TXH SRGHUi QmR VHU
FRQG{PLQRSDUDDGPLQLVWUDURFRQGRPtQLRSRUSUD]RQmRVXSHULRUDGRLV
DQRVRTXDOSRGHUiUHQRYDUVH´

7RGDYLD QmR VH WUDWD GH QRUPD FRJHQWH GHYHQGR VHU DSOLFDGD D
FRQYHQomRGRFRQGRPtQLR
$ &RQYHQomR GR &RQGRPtQLR IOV  GRV DXWRV ± FDS 9 ± FOiXVXOD
SULPHLUDHVWLSXODTXH

³ R FRQGRPtQLR VHUi DGPLQLVWUDGR H UHSUHVHQWDGR SRU XP VtQGLFR

SHVVRD ItVLFD RX MXUtGLFD FRQG{PLQR GR HGLItFLR HOHLWR HP $VVHPEOHLD
*HUDO2UGLQiULDFRPPDQGDWRQRPi[LPRGHXPDQR´

(VWHFRPDQGRGD&RQYHQomRpUHSHWLGRQDFOiXVXODGH]GRPHVPR
FDStWXOR
(QWUHWDQWRSHORTXHFRQVWD±IOVGRFXPHQWRGDLQLFLDOYHULILFD
VHTXHRVtQGLFRDOpPGHQmRVHUFRQG{PLQRVtQGLFRSURILVVLRQDOIRL
HOHLWR SRU $VVHPEOHLD *HUDO ([WUDRUGLQiULD IRUPD YHGDGD SHOD
&RQYHQomRGRFRQGRPtQLR
$&RQYHQomRpVREHUDQD&RQIRUPHSUHOHFLRQD-RmR%DWLVWD/RSHV
VXDQDWXUH]DMXUtGLFDpLQVWLWXFLRQDOHQRUPDWLYD
(PFRQVRQkQFLDFRPRDFDWDGRjHYLGrQFLDTXHGDOHLWXUDGRWH[WR
GRDUWGR&yGLJR&LYLOQmRVHH[WUDLDLQIHUrQFLDGHTXHVHWUDWH
GHQRUPDFRJHQWH
6HQGR DVVLP SRGH VHU GHUURJDGD SHOD &RQYHQomR &RQGRPLQLDO
TXH DILQDO LQ FDVX SURLELX VtQGLFR TXH QmR VHMD FRQG{PLQR EHP
FRPR VXD HOHLomR SRU $VVHPEOHLD ([WUDRUGLQiULD (VWD p D OLomR GH
-RmR1DVFLPHQWR)UDQFR

³RVtQGLFRSRGHVHUFRQG{PLQRRXSHVVRDItVLFDRXMXUtGLFDHVWUDQKD


 DR FRQGRPtQLR ¬ FRQYHQomR FDEH RSWDU SHOD DOWHUQDWLYD OHJDO RX
HVWDEHOHFHUFULWpULRSUySULR´

3RUWDQWR QmR Ki UHSUHVHQWDomR UHJXODU GR FRQGRPtQLR SDUD D

SURSRVLWXUD GD SUHVHQWH DomR 3RU YLD GH FRQVHTXrQFLD LQH[LVWH
FDSDFLGDGH SRVWXODWyULD GRV SDWURQRV XPD YH] TXH FRQVWLWXtGRV SRU
TXHPQmRRVSRGLDFRQVWLWXLU

³&RQGRPtQLR 6tQGLFR *HVWmR ILQGD 5HHOHLomR $VVHPEOHLD

&RQYRFDomR LUUHJXODU $WRV QmR UDWLILFDGRV ,OHJLWLPLGDGH SDUD HVWDU HP
MXt]R3URFHVVRH[WLQWR7-%$´57

F,QpSFLDGDSHWLomRLQLFLDO
eGHVHULQGHIHULGDDSHWLomRLQLFLDOQRVWHUPRVGLVSRVWRVQRDUWLJR
 , GR &yGLJR GH 3URFHVVR &LYLO HP IDFH GD SUHYLVmR FRQWLGD QR
†žLQFLVR,,,GRFLWDGRDUWLJR
$SHWLomRLQLFLDOFRQWpPXPVLORJLVPReOLomRYHOKD1HODHVWiXPD
SUHPLVVD PDLRU IXQGDPHQWRV GH GLUHLWR XPD SUHPLVVD PHQRU
IXQGDPHQWRV GH IDWR H XPD FRQFOXVmR R SHGLGR
&RQVHTXHQWHPHQWH HQWUH RV WUrV PHPEURV GHVVH VLORJLVPR GHYH
KDYHUSDUDTXHVHDSUHVHQWHFRPRWDOXPQH[ROyJLFR3RUWDQWRVHR
IDWRQmRDXWRUL]DDVFRQVHTXrQFLDVMXUtGLFDVDFRQFOXVmRpIDOKDVH
DV FRQVHTXrQFLDV MXUtGLFDV QmR JXDUGDP FRHUrQFLD FRP RV IDWRV
LJXDOPHQWHHSRU~OWLPRVHDFRQFOXVmRHVWiHPGHVDUPRQLDFRPDV
SUHPLVVDVHODpLQFRQVHTXHQWH
$DomRGHFREUDQoDFRQIRUPHSURSRVWDpDomRTXHHPDQDGHXPD
REULJDomRGHSDJDU
(PUD]mRGLVVRGHYHULDRDXWRUMXQWDUGHPRQVWUDWLYRGDVGHVSHVDV
GRFRQGRPtQLRRUGLQiULDVH[WUDRUGLQiULDVIXQGRGHUHVHUYDHWFRX
DR PHQRV RV DOHJDGRV ³UHFLERV´ DWp SRUTXH Vy SDUD H[HPSOLILFDU
QmRFDEHPXOWDVREUHDSDUFHODGHIXQGRGHUHVHUYDHQWUHWDQWRRUpX
LQFOXLXPXOWDGHVREUHXPYDORUWRWDOVHPTXHQDH[RUGLDOKDMD
TXDOTXHUHOHPHQWRTXHHVSHFLILTXHTXDLVVmRDVGHVSHVDVFREUDGDV
VHTXHUXPGRFXPHQWRQHVVHVHQWLGR
1D YHUGDGH R DXWRU OLPLWRXVH j MXQWDGD GH XPD PHPyULD GH
FiOFXORV IOV  QmR GHPRQVWUDQGR GR TXH p FRPSRVWD D DOHJDGD


GHVSHVDFRQGRPLQLDOFRQVWDQWHGR³UHFLER´TXHQmRMXQWRX

6HJXQGR 7ULEXQDO GH $OoDGD &LYLO GH 6mR 3DXOR ³&REUDQoD ±

FRQGRPtQLR±GHVSHVDVFRQGRPLQLDLV±SHWLomRLQLFLDO±PXOWD±LQIUDomR
FRQWUDWXDO±LQFOXVmR±QHFHVVLGDGH1HFHVVLGDGHGHLQFOXVmRQDLQLFLDO
GH GHPRQVWUDWLYR GR GpELWR DWp SDUD SHUPLWLU FRQWHVWDomR HVSHFtILFD´
$SHO V UHY Qž  ±  &kP ± UHO -XL] 1DUFLVR 2UODQGL M HP
1RPHVPRVHQWLGR$SHOVUHYQž±&kP±UHO
-XL]3HoDQKDGH0RUDHV±MHP

&RQIRUPHQRVHQVLQD-1DVFLPHQWR)UDQFR

³$ FREUDQoD GDV GHVSHVDV GHSHQGH GR SUHHQFKLPHQWR GRV VHJXLQWHV

UHTXLVLWRV
D RUoDPHQWR SUHYLDPHQWH DSURYDGR SHOD $VVHPEOHLD *HUDO 2UGLQiULD
SDUD DV GHVSHVDV URWLQHLUDV DUW  RX SRU $VVHPEOHLD *HUDO
([WUDRUGLQiULD UHJXODUPHQWH FRQYRFDGD SDUD RV JDVWRV HYHQWXDLV QmR
SUHYLVWRVQRRUoDPHQWRDQXDOGRFRQGRPtQLR
EDSURYDomRSRUTXyUXPUHJXODUSUHYLVWRQD&RQYHQomRDUW†žH
FH[LELomRGRVFRPSURYDQWHV´

2 DXWRU DOpP GH QmR MXQWDU RV UHFLERV RX GHPRQVWUDWLYRV QmR
DQH[RX j H[RUGLDO FySLD GD DWD GD $VVHPEOHLD *HUDO TXH DSURYRX DV
GHVSHVDVVHpTXHH[LVWHHVVHGRFXPHQWRQRVWHUPRVGRHVWDWXtGR
SHOR DUWLJR  GD /HL  DUW  GR &yGLJR &LYLO 1HP
VHTXHUKiTXDOTXHUFRPSURYDomRGHTXHIRLFXPSULGDDH[LJrQFLDGR
†žGRPHVPRDUWLJR
6HQGRDVVLPQmRKiFRPRRVUpXVUHEDWHUHPRPpULWRHQHPFRPR
DIHULUDH[DWLGmRGDFREUDQoDRTXHYLRODRPDQGDPHQWRLQVFXOSLGRQR
DUWLJRžLQFLVR/9GD&RQVWLWXLomR)HGHUDO
6HRVUpXVGHYHPSDJDUDRDXWRUTXDODIRQWHHRIXQGDPHQWRGH
SDJDU D TXDQWLD DOHJDGD" &RP TXH IXQGDPHQWR IiWLFR WHULDP
REULJDomR GHVVH MDH] Mi TXH QmR VH MXQWRX R GHPRQVWUDWLYR GDV
GHVSHVDV H WDPSRXFR RV FRPSURYDQWHV GRV UHTXLVLWRV GD /HL
"
3RVWDDVVLPDTXHVWmRLQH[LVWHXPVLORJLVPRQDHQXQFLDomRIiWLFR
MXUtGLFD(PUD]mRGLVVRQmRKiOyJLFDQRSHGLGRGRDXWRU3RUWDQWRp


LQHSWD D SHWLomR LQLFLDO GHYHQGR R SUHVHQWH SURFHVVR VHU MXOJDGR
H[WLQWRVHPDSUHFLDomRGRPpULWR
(PYLUWXGHGHWXGRRTXDQWRIRLDWpDTXLH[SRVWRVREUHWXGRHPIDFH
GDVTXHVW}HVSUHOLPLQDUHVOHYDQWDGDVKiPDQLIHVWDLQpSFLDGDLQLFLDO
RTXHLPSHGHDGHIHVDGHPpULWRDOpPGHLOHJLWLPLGDGHDWLYDHSDVVLYD
SDUD D SUHVHQWH DomR GH PRGR TXH GDWD YrQLD D SHWLomR LQLFLDO
GHYHULD WHU VLGR OLPLQDUPHQWH LQGHIHULGD QRV WHUPRV GR DUWLJR 
LQFLVRV,H,,GR&yGLJRGH3URFHVVR&LYLO
(PVXPD([FHOrQFLDDDomRSDGHFHSRUP~OWLSORVIDWRUHVLPSRQGR
VHSRUYLDGHFRQVHTXrQFLDDH[WLQomRGRSURFHVVRVHPMXOJDPHQWR
GHPpULWRFRPVXSHGkQHRQRVDUWLJRVLQFLVRV,,9H9,,H,,
 ,9 H ;, GR &yGLJR GH 3URFHVVR &LYLO DUFDQGR R DXWRU FRP RV
{QXVGDVXFXPErQFLD
6H QR HQWDQWR DVVLP QmR IRU HQWHQGLGR R TXH VH DGPLWH Vy SRU
KLSyWHVHjHYLGrQFLDGHYHRSHGLGRVHUUHMHLWDGRHVWXGDQGRVHR
,9±0pULWRDGFDXWHODP
3HODV TXHVW}HV SUHOLPLQDUHV OHYDQWDGDV PRUPHQWH D TXHVWmR GD
LQpSFLD GD LQLFLDO RV UpXV HQFRQWUDPVH FHUFHDGRV QR VHX GLUHLWR GH
GHIHVDSRVWRTXHGHVFRQKHFHPDRULJHPDH[DWLGmRHDFRPSRVLomR
GDVGHVSHVDVTXHOKHVVmRLPSXWDGDV
3HOR SULQFtSLR GD HYHQWXDOLGDGH DG DUJXPHQWDQGXP WDQWXP SHOR
DPRUDRGHEDWHSDVVDPRVUpXVDUHEDWHURPpULWRMiTXHWrPSOHQD
FRQYLFomR GH TXH D 9RVVD ([FHOrQFLD j OX] GR GLUHLWR H HP IDFH GD
FRVWXPHLUD MXVWLoD H FRUUHomR GDV GHFLV}HV TXH WRPD LUi DFROKHU DV
SUHOLPLQDUHVDUJXLGDV
D0XOWDLQFLGLQGRVREUHRIXQGRGHUHVHUYD
e IDWR ([FHOrQFLD TXH WRGR FRQGRPtQLR QRV WHUPRV GR DUWLJR
GR&yGLJR&LYLOGHIHUHjFRQYHQomRDIDFXOGDGHGHHVWLSXODUD
IRUPDGHFRQVWLWXLomRGRIXQGRGHUHVHUYD
'D OHLWXUD GD FRQYHQomR &DStWXOR YHULILFDVH D IRUPD GH VXD
FRQVWLWXLomRLQFOXVLYHSHODVPXOWDVFREUDGDVGRVFRQG{PLQRV
1HVVH FDVR FREUDU PXOWD VREUH D SDUFHOD GR IXQGR GH UHVHUYD
FRQVWLWXLXPYHUGDGHLURELVLQLGHP


 e GH YHULILFDUVH TXH PHVPR QmR DSRQWDQGR TXDO R SHUFHQWXDO
VREUHRWRWDOGR³UHFLER´VHWUDWDGHIXQGRGHUHVHUYDLPSRVVLELOLWDQGR
D GHIHVD GH PpULWR SRU DXVrQFLD GR SUySULR UHFLER RX GH
GHPRQVWUDWLYRVpLQFRQWURYHUVRTXHRDXWRUFDOFXORXDPXOWDVREUHR
WRWDOLQFOXVLYHVREUHRIXQGRGHUHVHUYDRTXHpLQDGPLVVtYHO

6HJXQGR 7ULEXQDO GH $OoDGD &LYLO GH 6mR 3DXOR ³&REUDQoD ±

&RQGRPtQLR ± )XQGR GH UHVHUYD ± 9DORU DFUHVFLGR GD PXOWD ±
'HVFDELPHQWR $V SDUFHODV UHIHUHQWHV DR IXQGR GH UHVHUYD GR
FRQGRPtQLR QmR SRGHP VHU DFUHVFLGDV GH PXOWD SRUTXH HVWD GHYH VH
GHVWLQDUDSHQDVDRSURYLPHQWRGHGHVSHVDVRUGLQiULDVTXHVXJHUHGDQR
RX SUHMXt]R GR FUHGRU´ $SHO V UHY Qž  ±  &kP ± UHO -XL]
&DUORV6WURSSD±MHP

,PS}HVH SRU FRQVHJXLQWH D H[FOXVmR GD PXOWD D LQFLGLU VREUH R

YDORUGHHYHQWXDOIXQGRGHUHVHUYDQRVWHUPRVGDMXULVSUXGrQFLDHGD
FRQYHQomRMiTXHRIXQGRGHUHVHUYDMipFRQVWLWXtGRSHODVPXOWDV
E3UHWHQVmRjVTXRWDVYLQFHQGDV
3HUFHEHVH TXH R DXWRU SUHWHQGH UHFHEHU DV SDUFHODV YLQFHQGDV
QRVWHUPRVGRDUWLJRGR&yGLJRGH3URFHVVR&LYLO
7RGDYLDQmRHVSHFLILFDRWHUPRILQDOHQHPSURWHVWDSHODMXQWDGDGH
QRYRVGRFXPHQWRVQRFDVRRVGHPRQVWUDWLYRVGHVVDVGHVSHVDV
2V 7ULEXQDLV FRQVLGHUDP TXH QR FDVR GH DomR GH FREUDQoD GH
GHVSHVDV FRQGRPLQLDLV R WHUPR ILQDO GDV TXRWDV YLQFHQGDV p R GD
DXGLrQFLD

3ULPHLUR 7ULEXQDO GH $OoDGD &LYLO GH 6mR 3DXOR ³-XURV ± 'HVSHVDV
FRQGRPLQLDLV±,QFLGrQFLDDSDUWLUGDFLWDomRTXDQGRHQWmRFRQVWLWXtGDD
PRUD GR GHYHGRU ± 5HFXUVR GD Up SURYLGR &RQGRPtQLR ± 'HVSHVDV
FRQGRPLQLDLV±&REUDQoD±3UHWHQVmRGRFRQGRPtQLRQRDORQJDPHQWRGR
WHUPR ILQDO GDV SUHVWDo}HV YLQFHQGDV DGPLVVLELOLGDGH DSHQDV GD
FREUDQoD GDV SUHVWDo}HV YHQFLGDV QR FXUVR GR SURFHVVR DWp D GDWD GD
DXGLrQFLD ± &REUDQoD QHVWHV WHUPRV SURFHGHQWHV ± 5HFXUVR GD Up
SURYLGR LPSURYLGR R GR DXWRU 1HP SRGHULD VHU GLIHUHQWH Mi TXH GLDQWH
GR SULQFtSLR FRQVWLWXFLRQDO GD DPSOD GHIHVD &RQVWLWXLomR )HGHUDO DUW
ž/9HVWDULDPRVUpXVGLDQWHGHFRQGLomRSXUDPHQWHSRWHVWDWLYDYH]
TXH RV GpELWRV FRQGRPLQLDLV QmR SRVVXHP YDORUHV SUHIL[DGRV HP
FRQWUDWR 'HVWDUWH Ki QHFHVVLGDGH GD MXQWDGD GH GHPRQVWUDWLYRV DWp D


 GDWD GD DXGLrQFLD GHVGH TXH D MXQWDGD VHMD UHTXHULGD QD H[RUGLDO ± R
TXHQmRRFRUUHX±LVVRSDUDTXHVHSHUPLWDDRVUpXVLPSXJQDURVQRYRV
YDORUHVVHDVVLPHQWHQGHUHP´$SHODomRQž±6mR3DXOR±
&kPDUD±±UHODWRU.LRLWVL&KLFXWD±'HFLVmRXQkQLPH

F'DPXOWDGRVMXURVHGDFRUUHomRPRQHWiULD&yGLJR&LYLO
'HDFRUGRFRPRDUW†žGR&yGLJR&LYLO

³† ž 2 FRQG{PLQR TXH QmR SDJDU D VXD FRQWULEXLomR ILFDUi VXMHLWR DRV
MXURVPRUDWyULRVFRQYHQFLRQDGRVRXQmRVHQGRSUHYLVWRVRVGHXPSRU
FHQWRDRPrVHPXOWDGHDWpGRLVSRUFHQWRVREUHRGpELWR´

3RUWDQWR GHVFDELGD D SUHWHQVmR GH VH FREUDU PXOWD PRUDWyULD GH

FRPRSUHWHQGHRDXWRU
F-XURVGHPRUDHPXOWD
2V MXURV PRUDWyULRV QRV WHUPRV GR DUW  GR &yGLJR &LYLO
VRPHQWHVmRGHYLGRVDSyVDFLWDomRSDUDDSUHVHQWHDomR

3ULPHLUR 7ULEXQDO GH $OoDGD &LYLO GH 6mR 3DXOR ³-XURV ± 'HVSHVDV
FRQGRPLQLDLV±,QFLGrQFLDDSDUWLUGDFLWDomRTXDQGRHQWmRFRQVWLWXtGDD
PRUD GR GHYHGRU ± 5HFXUVR GD Up SURYLGR´ $SHODomR Qž  ±
6mR 3DXOR ±  &kPDUD ±  ± UHODWRU .LRLWVL &KLFXWD ±
'HFLVmRXQkQLPH

'HYHP DVVLP VHU H[FOXtGRV GR FiOFXOR GR DXWRU TXH LQFOXL MXURV
PRUDWyULRV VHP UHVSHLWDU R FRPDQGR FRJHQWH H FULVWDOLQR GR DUW 
GR&yGLJR&LYLO
F&RUUHomRPRQHWiULD2DXWRUDSOLFDDFRUUHomRPRQHWiULDVHP
FRQWXGR FLWDU TXDO R tQGLFH TXH HVWi DSOLFDQGR 3HOD YDULDomR
FRQVWDQWH GD PHPyULD GH FiOFXORV GHGX]VH D DSOLFDomR GD YDULDomR
GLiULDGD757D[D5HIHUHQFLDO
(QWUHPHQWHVD75QmRUHIOHWHDGHVYDORUL]DomRGDPRHGDFRPRVH
SRGH HVSHUDU GH XP tQGLFH GH FRUUHomR PRQHWiULD DOLiV R ([FHOVR
3UHWyULRDVVHYHURXTXH

6XSUHPR 7ULEXQDO )HGHUDO ³$ 7D[D 5HIHUHQFLDO 75 QmR p tQGLFH GH

FRUUHomR PRQHWiULD SRLV UHIOHWLQGR DV YDULDo}HV GR FXVWR SULPiULR GD
FDSWDomR GRV GHSyVLWRV j SUD]R IL[R QmR FRQVWLWXL tQGLFH TXH UHIOLWD D


 YDULDomRGRSRGHUDTXLVLWLYRGDPRHGD´$',1Qž')

1HVWH VHQWLGR RV 7ULEXQDLV SiWULRV WrP VH PDQLIHVWDGR GH IRUPD
UHPDQVRVD

6XSHULRU 7ULEXQDO GH -XVWLoD ³3URFHVVXDO FLYLO 5HFXUVR HVSHFLDO

&iOFXOR GH OLTXLGDomR GH DOXJXpLV SDJDPHQWR GH EHQHItFLR
SUHYLGHQFLiULR ,QFOXVmR GD WD[D UHIHUHQFLDO ± 75 FRPR IDWRU GH
FRUUHomR PRQHWiULD 9HGDomR $',1 Qž ') , ± 2 6XSUHPR 7ULEXQDO
)HGHUDO DR MXOJDU D $',1 Qž ') GHL[RX SRVWR TXH ³D WD[D
UHIHUHQFLDO 75 QmR p tQGLFH GH FRUUHomR PRQHWiULD SRLV UHIOHWLQGR DV
YDULDo}HVGRFXVWRSULPiULRGDFDSWDomRGRVGHSyVLWRVjSUD]RIL[RQmR
FRQVWLWXLtQGLFHTXHUHIOLWDDYDULDomRGRSRGHUDTXLVLWLYRGDPRHGD´,,±
5HFXUVR (VSHFLDO FRQKHFLGR H SURYLGR 5HODWRU 0LQLVWUR 3HGUR $FLROL
SRU XQDQLPLGDGH FRQKHFHU H GDU SURYLPHQWR DR UHFXUVR 9HMD 5(VS Qž
5- 67-´ $FyUGmR Qž  ± GHFLVmR  ±
5HFXUVR(VSHFLDOQž±DQR±8)5-±7XUPD±'LiULRGH
-XVWLoD±S
6XSHULRU 7ULEXQDO GH -XVWLoD ³&RPHUFLDO ± 7D[D UHIHUHQFLDO 75
LQDSOLFiYHO ± &RUUHomR PRQHWiULD SHOR ,3& , ± $ MXULVSUXGrQFLD GR 67-
SDFLILFRX HQWHQGLPHQWR QR VHQWLGR GH TXH R LQGH[DGRU DGHTXDGR SDUD
FRUULJLU YDORUHV p R ,3& GR ,%*( ,, ± 2 PHVPR GLUHLWR SUHWRULDQR QmR
DGPLWHDWD[DUHIHUHQFLDO75FRPRtQGLFHGHUHDMXVWHGRSRGHUUHDOGD
PRHGD VHQGR FHUWR TXH HVWH GHYH FHGHU OXJDU HP SURO GR tQGLFH GH
SUHoRV ,,, ± 5HFXUVR FRQKHFLGR H SDUFLDOPHQWH SURYLGR 5HODWRU
0LQLVWUR:DOGHPDU=YHLWHU±2EVHUYDomRSRUXQDQLPLGDGHFRQKHFHUGR
UHFXUVR HVSHFLDO H OKH GDU SURYLPHQWR SDUFLDO SDUD DGRWDU FRPR
LQGH[DGRUR,13&9HMD5(VSQž*25(VSQž635(VS
Qž 56 5(VS Qž *2 5(VS Qž 56 5(VS Qž
 67- $',1  67)´ $FyUGmR Qž  ± GHFLVmR
 ± 5HFXUVR (VSHFLDO Qž  ± DQR  ± 8) 63 ± 
7XUPD±'LiULRGH-XVWLoD±S
6XSHULRU 7ULEXQDO GH -XVWLoD ³/LTXLGDomR GH VHQWHQoD &RUUHomR
PRQHWiULD 9DULDomR GR ,3& 75 , ± e SDFLILFD D MXULVSUXGrQFLD GHVWD
FRUWH QR VHQWLGR GH TXH p FRUUHWD D LQFOXVmR GRV tQGLFHV
FRUUHVSRQGHQWHVjVLQIODo}HVRFRUULGDVQRVPHVHVGHPDUoRGHD
IHYHUHLUR GH  QRV FiOFXORV GH OLTXLGDomR GH VHQWHQoD ,, ± $ 7D[D
5HIHUHQFLDO FRQILJXUD FRHILFLHQWH GH UHPXQHUDomR GR FDSLWDO SRUWDQWR
QmR WUDGX]LQGR D YDULDomR GR SRGHU DTXLVLWLYR GD PRHGD QmR SRGH VHU


 XWLOL]DGD FRPR LQGH[DGRU SDUD HIHLWR GH DWXDOL]DomR PRQHWiULD
3UHFHGHQWHV ,,, ± 5HFXUVR GD )D]HQGD GHVSURYLGR $SHOR GH 
SURYLGR 5HODWRU 0LQLVWUR -RVp GH -HVXV )LOKR ± 2EVHUYDomR SRU
XQDQLPLGDGHQHJDUSURYLPHQWRDRUHFXUVRGD)D]HQGDHGDUSURYLPHQWR
DR UHFXUVR GR HVSyOLR´ $FyUGmR Qž  ± GHFLVmR  ±
5HFXUVR(VSHFLDOQž±DQR8)63±7XUPD±'LiULRGH
-XVWLoD±S
6HJXQGR7ULEXQDOGH$OoDGD&LYLOGH6mR3DXOR³([HFXomR±FRUUHomR
PRQHWiULD±8WLOL]DomRGD75±,QDGPLVVLELOLGDGH$WD[DUHIHUHQFLDO75
QmR SRGH VHU XVDGD FRPR tQGLFH GH FRUUHomR QRV FiOFXORV GH
DWXDOL]DomR GHVWLQDGRV D UHIOHWLU D SHUGD GH SRGHU DTXLVLWLYR GD PRHGD
SRU IRUoD GD HVSLUDO LQIODFLRQiULD YLVWR FRQILJXUDU FRHILFLHQWH GH
UHPXQHUDomR GH FDSLWDO QmR WUDGX]LQGR YDULDomR GR DOXGLGR SRGHU
DTXLVLWLYR´$,Qž±&kP±UHO-XL]0LOWRQ6DQVHYHULQR±MHP
5HIHUrQFLDV57-5(VSQž56±7XUPD±
UHO 0LQ -RVp GH -HVXV )LOKR ± '- GH  S  5(VS Qž
63 ±  7XUPD ± UHO 0LQ +XPEHUWR *RPHV GH %DUURV ± '- GH
 S  5(VS Qž 63 ±  7XUPD ± UHO 0LQ
+XPEHUWR*RPHVGH%DUURV± '- GH  S  1R PHVPR
VHQWLGR$SHOFUHYQž±&kP±UHO-XL]0HQGHV*RPHV±
MHP
9±3HGLGR
3HORH[SRVWRUHTXHUHPRVUpXVVHMDPDFROKLGDVDVSUHOLPLQDUHVGH
H[WLQomRGRSURFHVVRHVHDVVLPQmRHQWHQGHU9RVVD([FHOrQFLDTXH
VHMD D SUHVHQWH DomR MXOJDGD WRWDOPHQWH LPSURFHGHQWH RX VH
SURFHGHQWHTXHRVHMDSDUFLDOPHQWHQRVWHUPRVGRSHGLGRVXFHVVLYR
DEDL[R FRQGHQDGR R DXWRU QR SDJDPHQWR GH FXVWDV H KRQRUiULRV
DGYRFDWtFLRV TXH 9RVVD ([FHOrQFLD KRXYHU SRU EHP DUELWUDU DVVLP
FRPRGHPDLV{QXVGDVXFXPErQFLD
$FODUDQGRRSHGLGRUHTXHUVH
,±3UHOLPLQDUPHQWH
D GHFODUDomR GH LOHJLWLPLGDGH SDVVLYD GRV UpXV HP IDFH GR DUWLJR
9,FFRDUW;,GR&3&
EGHFODUDomRGHLOHJLWLPLGDGHDWLYDGHSDUWHHPIDFHGHQmRKDYHU
VtQGLFR UHJXODU QRV WHUPRV GD &RQYHQomR FRP IXQGDPHQWR QRV
DUWLJRV  GR &yGLJR &LYLO H DUWLJR  9, FF R DUW  ;, GR


&yGLJRGH3URFHVVR&LYLO
F GHFODUDomR GD LQpSFLD GD LQLFLDO XPD YH] TXH GD QDUUDomR GRV
IDWRV QmR GHFRUUHX ORJLFDPHQWH R SHGLGR Mi TXH QmR IRUDP MXQWDGRV
GHPRQVWUDWLYRVGHGHVSHVDDSWRVDHPEDVDUDSUHWHQVmRHWDPEpPD
GHIHVDGRVUpXVH[WLQJXLQGRVHRSURFHVVRVHPMXOJDPHQWRGRPpULWR
DUWLJRVLQFLVRV,9H9,,,,H†ž,9,,,9H;,WRGRVGR
&yGLJRGH3URFHVVR&LYLO
G FRQGHQDomR GR DXWRU QRV {QXV GH VXFXPErQFLD FXVWDV H
KRQRUiULRV GH DGYRJDGR TXH 9RVVD ([FHOrQFLD KRXYHU SRU EHP
DUELWUDU
,,±2XQRFDVRGHDVSUHOLPLQDUHVQmRVHUHPDFDWDGDVGHPHULWLV
D MXOJDPHQWR GD WRWDO LPSURFHGrQFLD GHVWD DomR HP YLUWXGH GD
DXVrQFLDGHTXDOTXHUREULJDomRGRVUpXVHPSDJDURDXWRU
E FRQGHQDomR GR DXWRU QRV {QXV GH VXFXPErQFLD FXVWDV H
KRQRUiULRV GH DGYRJDGR TXH 9RVVD ([FHOrQFLD KRXYHU SRU EHP
DUELWUDU
6XEVLGLDULDPHQWH&3&DUWVRPHQWHSDUDDUJXPHQWDUFDVRD
SUHVHQWHDomRVHMDMXOJDGDSURFHGHQWHQRTXHQmRDFUHGLWDPRVUpXV
jOX]GD/HLGD-XVWLoDHGR'LUHLWRTXHRVHMDSDUFLDOPHQWHWHUPRV
HPTXHUHTXHUHP
D VHMD H[FOXtGD D FRUUHomR FRP EDVH QD 75 7D[D 5HIHUHQFLDO H
DSOLFDGD D FRUUHomR GH DFRUGR FRP WDEHOD GR 7ULEXQDO GH -XVWLoD
SXEOLFDGD QR '2( -XVW  S  QRV WHUPRV GR Mi GHFLGR
SHOR6XSUHPR7ULEXQDO)HGHUDO$',1Qž')HGHIRUPDSDFtILFD
SHORVGHPDLV7ULEXQDLV
E VHMDP H[FOXtGRV RV MXURV DQWHULRUHV j FLWDomR &yGLJR &LYLO DUW
 EHP FRPR DTXHOHV LQFLGHQWHV VREUH YDORU GR IXQGR GH UHVHUYD
HYHQWXDOPHQWH HPEXWLGRV QR ³UHFLER´ FLWDGR QR GHPRQVWUDWLYR GH IOV

F VHMD FRQVLGHUDGR R WHUPR ILQDO SDUD DV TXRWDV YLQFHQGDV R GD
DXGLrQFLDGHFRQFLOLDomR
G VHMD FRQGHQDGR R DXWRU D SDJDU FXVWDV H KRQRUiULRV GH
DGYRJDGR QRV WHUPRV GR DUWLJR  SDUiJUDIR ~QLFR GR &yGLJR GH
3URFHVVR&LYLO


 9,±3URYDV
5HTXHUHP SURYDU R DOHJDGR SRU WRGRV RV PHLRV HP GLUHLWR
DGPLWLGRVHVSHFLDOPHQWHSHODSURGXomRGHSURYDGRFXPHQWDOMXQWDGD
GH QRYRV GRFXPHQWRV RLWLYD GH WHVWHPXQKDV DEDL[R DUURODGDV
GHSRLPHQWR SHVVRDO GR DXWRU QD SHVVRD GR VtQGLFR VRE SHQD GH
FRQILVVmR VH QmR FRPSDUHFHU RX FRPSDUHFHQGR VH QHJDU D GHSRU
&3&DUW†žHSHUtFLD
&XPSULGDVDVQHFHVViULDVIRUPDOLGDGHVOHJDLVGHYHDSUHVHQWHVHU
UHFHELGD H MXQWDGD DRV DXWRV UHQRYDGR R SURFHVVR QRV WHUPRV GD
SUHOLPLQDURXQRPpULWRUHMHLWDGRRSHGLGR
7HUPRVHPTXH
3GHIHULPHQWR
'DWD
$GYRJDGR2$%63
'RFXPHQWR
&HVVmR GH GLUHLWRV H REULJDo}HV GD XQLGDGH  DR 6U 
FRPSURYDQGRDOHJLWLPLGDGHSDVVLYDSDUDDSUHVHQWHDomR
'RFXPHQWR
³,QVLVWHQWHV FRQWDWRV GR FRQGRPtQLR´ FRP R 6U  QmR FRP RV
UpXVH[WUDtGRGRVGRFXPHQWRVHWUD]LGRVjFRODomRSHORDXWRUIOV
 H  FRPSURYDQGR TXH R LWHP  GD LQLFLDO IDOWD FRP D YHUGDGH H
TXH R &RQGRPtQLR Mi SRVVXtD SOHQR FRQKHFLPHQWR GR QRYR WLWXODU GD
XQLGDGH
'RFXPHQWR
7HOHJUDPDHQYLDGRDRVUpXVHPTXHGHPDQHLUDIDODFLRVDVHP
FRPSURPLVVR FRP D ERDIp LQIRUPDYD TXH D DomR Mi SURSRVWD VHULD
DIRUDGDHPKV
'RFXPHQWR
1RWLILFDomRHQYLDGDDR&RQGRPtQLR


 3.9. PETIÇÃO INICIAL – AÇÃO REDIBITÓRIA – RESTITUIÇÃO DAS
QUANTIAS PAGAS – REQUERIMENTO PARA QUE A CITAÇÃO
SEJA EFETUADA POR INTERMÉDIO DO SISTEMA DE CADASTRO
DE PROCESSOS EM AUTOS ELETRÔNICOS, NOS TERMOS DO ART.
246, § 1º, DO CÓDIGO DE PROCESSO CIVIL

([PR6U'U-XL]GH'LUHLWRGD9DUD&tYHOGR)RUR&HQWUDO

GD&RPDUFDGD&DSLWDO±63
 SRU VHXV SURFXUDGRUHV GRFXPHQWR   YHP
UHVSHLWRVDPHQWHSHUDQWH9RVVD([FHOrQFLDDIRUDUSHORSURFHGLPHQWR
FRPXPULWRRUGLQiULRHPIDFHGHDFRPSHWHQWH
$omR UHGLELWyULD FRP SHGLGR GH WXWHOD SURYLVyULD GH QDWXUH]D
DQWHFLSDGD
R TXH ID] FRP VXSHGkQHR QRV DUWV  H  GD /HL 
H[SRQGRHUHTXHUHQGRRTXDQWRVHJXH
,±)DWRV
1R GLD  DWUDYpV GH FRQWUDWR HVFULWR GRFXPHQWR  D DXWRUD
DGTXLULXGDUpRLPyYHOORFDOL]DGRQDUXDSHORSUHoRGH5
7RGDYLD QR ~OWLPR GLD  HP SOHQD PDGUXJDGD SDUWH GR WHOKDGR
GR DOXGLGR LPyYHO UXLX IRWRV DQH[DV ± GRFXPHQWR  REULJDQGR D
DXWRUD D VH GHVORFDU SDUD XP KRWHO H SRVWHULRUPHQWH SDUD LPyYHO
ORFDGRFRQIRUPHFRPSURYDPRVGRFXPHQWRVDQH[RVGRFXPHQWRVH

1RWLFLDQGR R IDWR j FRQVWUXWRUD IRUQHFHGRUD DWUDYpV GH QRWLILFDomR
OHYDGDDHIHLWRHPGRFXPHQWRHVWDVHTXHGRXLQHUWHGHL[DQGR
XOWUDSDVVDULQDOELVRSUD]RGHGLDVGR†žGRDUWGR&yGLJR
GH 'HIHVD GR &RQVXPLGRU UHFXVDQGRVH WHUPLQDQWHPHQWH D DGRWDU
TXDOTXHUSURYLGrQFLDVHMDSDUDRUHSDURQRLPyYHOVHMDSDUDUHVVDUFLU
RVSUHMXt]RVGDDXWRUD
$VSURYLGrQFLDVVROLFLWDGDVVmRXUJHQWHVRTXHVHDILUPDHPYLUWXGH
GDVGHVSHVDVJHUDGDVjDXWRUDTXHQmRKDYLDVHSURJUDPDGRSDUDR
SDJDPHQWRGHGLiULDVGHKRWHOHWDPSRXFRORFDomRGHRXWURLPyYHO
3RVWD DVVLP D TXHVWmR DQWH D UHVLVWrQFLD GD Up HP FXPSULU VXD
REULJDomR OHJDO QmR UHVWRX DOWHUQDWLYD j DXWRUD VHQmR DIRUDU D


SUHVHQWHDomR
,,±'LUHLWR
2V DUWV  H  GD /HL  VmR FODURV DR HVWDEHOHFHU D
UHVSRQVDELOLGDGH REMHWLYD GR IRUQHFHGRU SRU YtFLRV GR SURGXWR
SUHFHLWXDQGRTXH

³$UW†ž1mRVHQGRRYtFLRVDQDGRQRSUD]RPi[LPRGHWULQWDGLDV
SRGHRFRQVXPLGRUH[LJLUDOWHUQDWLYDPHQWHHjVXDHVFROKD
,±$VXEVWLWXLomRGRSURGXWRSRURXWURGDPHVPDHVSpFLHHPSHUIHLWDV
FRQGLo}HVGHXVR
,, ± D UHVWLWXLomR LPHGLDWD GD TXDQWLD SDJD PRQHWDULDPHQWH DWXDOL]DGD
VHPSUHMXt]RGHHYHQWXDLVSHUGDVHGDQRV
,,,±RDEDWLPHQWRSURSRUFLRQDOQRSUHoR¶´

(QVLQD5REHUWR6HQLVH/LVERDTXH

³2 FRQVXPLGRU WHP R GLUHLWR GH WHU UHSDUDGR HP VHX IDYRU R GDQR RX
DPHDoD GH SUHMXt]R SDWULPRQLDO VRIULGR HP IDFH GD H[LVWrQFLD GH XP
GHIHLWRLQWUtQVHFRGRSURGXWRRXVHUYLoRIRUQHFLGR´5HODomRGHFRQVXPR
HSURWHomRMXUtGLFDGRFRQVXPLGRU 6mR 3DXOR -XDUH] GH 2OLYHLUD 
S

=HOPR'HQDULpHVFODUHFHGRUDFHUFDGRVYtFLRVSRULQVHJXUDQoDDUW
GR&'&HYtFLRVSRULQDGHTXDomRDUWVHGR&'&

³3DUD EHP H[SOLFLWDU D GLVWLQomR HQWUH RV GRLV PRGHORV GH GHIHLWR H
UHVSRQVDELOLGDGHSRGHPRVFRQVLGHUDUDVVHJXLQWHVGLVWLQo}HVMXUtGLFDV
DXPSURGXWRSRGHVHUGHIHLWXRVRVHPVHULQVHJXUR
E XP SURGXWR RX VHUYLoR SRGH VHU GHIHLWXRVR H DR PHVPR WHPSR
LQVHJXUR´ &yGLJR %UDVLOHLUR GH 'HIHVD GR &RQVXPLGRU FRPHQWDGR SHORV
DXWRUHVGRDQWHSURMHWR6mR3DXOR)RUHQVH8QLYHUVLWiULDS

0DLVDGLDQWHHVFODUHFH

³2FRQVWUXWRUpDTXHOHTXHLQWURGX]SURGXWRVLPRELOLiULRVQRPHUFDGRGH
FRQVXPR DWUDYpV GR IRUQHFLPHQWR GH EHQV RX VHUYLoRV 6XD
UHVSRQVDELOLGDGHSRUGDQRVFDXVDGRVDRFRQVXPLGRUSRGHGHFRUUHUGRV
VHUYLoRV WpFQLFRV GH FRQVWUXomR EHP FRPR GRV GHIHLWRV UHODWLYRV DR


 PDWHULDO HPSUHJDGR QD REUD 1HVWD ~OWLPD KLSyWHVH UHVSRQGH
VROLGDULDPHQWHFRPRIDEULFDQWHGRSURGXWRGHIHLWXRVRQRVWHUPRVGR†
žGRDUWGR&'&´=HOPR'HQDULREFLWS

3RUWDQWR QR YHUWHQWH FDVR HVWmR SUHVHQWHV DV GXDV HVSpFLHV GH

YtFLRV SRU LQVHJXUDQoD RX GHIHLWRV DUW  H SRU LQDGHTXDomR RX
VLPSOHVPHQWHYtFLRVDUW
'HYHUDV QLQJXpP DGTXLUH LPyYHO SDUD GHSRLV GH SRXFR PDLV GH
WUrVDQRVGDFRQVWUXomRYHUSDUWHGHVHXWHWRUXLU
'DQRVPRUDLV
6HJXQGRRLQLJXDOiYHO-RVpGH$JXLDU'LDV

³2 GDQR PRUDO p R HIHLWR QmR SDWULPRQLDO GD OHVmR GH GLUHLWR H QmR D
SUySULDOHVmRDEVWUDWDPHQWHFRQVLGHUDGD´'DUHVSRQVDELOLGDGHFLYLO
HG5LRGH-DQHLUR)RUHQVHS

$&RQVWLWXLomR)HGHUDOJDUDQWHH[SUHVVDPHQWHQRDUWžLQFV9H
;DLQGHQL]DomRSRUGDQRPRUDOFXPXOiYHOFRPLQGHQL]DomRSRUGDQR
PDWHULDORULXQGRGRPHVPRIDWR6~PXODQžGR6XSHULRU7ULEXQDOGH
-XVWLoD QmR H[LJLQGR SRU RXWUR ODGR D FRPSURYDomR GR UHIOH[R
SDWULPRQLDO GR SUHMXt]R LVVR GH DFRUGR FRP R 6XSHULRU 7ULEXQDO GH
-XVWLoD 5HYLVWD GR 6XSHULRU 7ULEXQDO GH -XVWLoD  H 6XSUHPR
7ULEXQDO)HGHUDO57
1RkPELWRGR&yGLJRGH'HIHVDGR&RQVXPLGRURVLQFV9,H9,,GR
DUWžFRQWHPSODPDKLSyWHVH

³$UWž6mRGLUHLWRVEiVLFRVGRFRQVXPLGRU
9, ± D HIHWLYD SUHYHQomR H UHSDUDomR GH GDQRV SDWULPRQLDLV H PRUDLV
LQGLYLGXDLVFROHWLYRVHGLIXVRV
9,, ± R DFHVVR DRV yUJmRV MXGLFLiULRV H DGPLQLVWUDWLYRV FRP YLVWDV j
SUHYHQomR RX UHSDUDomR GH GiQRV SDWULPRQLDLV H PRUDLV LQGLYLGXDLV
FROHWLYRV RX GLIXVRV DVVHJXUDGD D SURWHomR MXUtGLFD DGPLQLVWUDWLYD H
WpFQLFDDRVQHFHVVLWDGRV´

(QVLQDRSURIHVVRU-RVp2VyULRGH$]HYHGR-XQLRU2GDQRPRUDOH
VXDDYDOLDomR5HYLVWDGR$GYRJDGRQžSGH]

³2 WHPD GR GDQR PRUDO QRUPDOPHQWH p WUDWDGR DOLiV VHPSUH p WUDWDGR


 GHQWUR GR FDPSR GD 5HVSRQVDELOLGDGH &LYLO H D UHVSRQVDELOLGDGH FLYLO p
VHPSUH HVWXGDGD HP VXD IRUPD HVTXHPiWLFD (VVH HVTXHPD SDUWH GRV
SUHVVXSRVWRVGD5HVSRQVDELOLGDGH&LYLO8PDWRRXRPLVVmRXPGDQRR
QH[RGHFDXVDOLGDGHHDFXOSDTXHSRGHHVWDUSUHVHQWHRXQmR2VWUrV
SULPHLURV HOHPHQWRV HVWmR VHPSUH SUHVHQWHV H VHP HOHV QmR VH
HVWDEHOHFHXPDVLWXDomRGH5HVSRQVDELOLGDGH&LYLO´

&RPRGHPRQVWUDGRVHDSOLFDR&yGLJRGH'HIHVDGR&RQVXPLGRUj
UHODomR MXUtGLFD HQWUH DV SDUWHV 3RUWDQWR Ki UHVSRQVDELOLGDGH
REMHWLYDVHQGRGHVQHFHVViULDDSUHVHQoDRXSURYDGDFXOSD

³$UHVSRQVDELOLGDGHFLYLOVHPFXOSDFRQTXDQWRGHQDWXUH]DH[FHSFLRQDO
VH LPS}H QR FDPSR GDV UHODo}HV GH FRQVXPR FRPR ~QLFR PHLR HIHWLYR
GH YLDELOL]DU QD SUiWLFD R GLUHLWR GR FRQVXPLGRU DTXHOH TXH QmR WHP
FRPR UHSDVVDU VHXV SUHMXt]RV VHU LQGHQL]DGR TXDQGR OHVDGR SHOD
SHUVXDVmRRFXOWDRXSHORVVXWLVFRPSRUWDPHQWRVGHPHUFDGROHVLYRVDR
LQWHUHVVH JHUDO´ /XL] $PDUDO 2 FyGLJR GR FRQVXPLGRU 5HYLVWD GH
,QIRUPDomR/HJLVODWLYDSDEUMXQ

$ JUDQGH LQRYDomR GR &'& IRL DOWHUDU D WUDGLFLRQDO FRQFHSomR GD

UHVSRQVDELOLGDGHFLYLOEDVHDGDQDFXOSD
$ UHVSRQVDELOLGDGH GD Up SDVVD D VHU REMHWLYD Mi TXH UHVSRQGH
³LQGHSHQGHQWHPHQWH GD H[LVWrQFLD GH FXOSD SHORV GDQRV FDXVDGRV
DRV FRQVXPLGRUHV´ DUW  FDSXW VHMDP HOHV PDWHULDLV RX PRUDLV
DUWžLQF9,,
3RUHYLGHQWHTXHDUpDQWHDRGHIHLWRGRSURGXWRFDXVRXLQ~PHURV
WUDQVWRUQRV SDUD D DXWRUD TXH WHYH jV SUHVVDV TXH VDLU GH VXD
UHVLGrQFLDSURYLGHQFLDULPyYHOSDUDORFDomRSDVVDQGRSRUDQJ~VWLDV
HLQFHUWH]DV
&RP LVVR H[SHULPHQWRX VLWXDomR KXPLOKDQWH VDLQGR GH VXD
UHVLGrQFLDHPSOHQDPDGUXJDGDHPYLUWXGHGRGHIHLWRGHFRQVWUXomR
SHUSHWUDGR SHOD Up 'LILFLOPHQWH LUi DSDJDUVH GH VXD PHPyULD HVVH
IDWRRFRUULGR
$LQGHQL]DomRSOHLWHDGDQmRLUiUHSDUDURVRIULPHQWRGDDXWRUDPDV
VHUYLUi SDUD FRPSHQViOD GH DOJXPD IRUPD DWHQXDQGR DV
DGYHUVLGDGHVTXHHQIUHQWRXHDLQGDHQIUHQWD
2UD ([FHOrQFLD D TXHEUD VLPXOWkQHD H YLROHQWD GD H[SHFWDWLYD GH


UHVLGLUHPFDVDSUySULDHSULQFLSDOPHQWHRVPRPHQWRVDWHUURUL]DQWHV
TXH SDVVRX DQWH R GHVDEDPHQWR HP SOHQD PDGUXJDGD GH SDUWH GR
WHWR GH VXD UHVLGrQFLD FRQWLQXDP VHQGR H[WUHPDPHQWH GDQRVRV j
DXWRUD TXH WHYH TXH SURYLGHQFLDU D UHWLUDGD GH VHXV SHUWHQFHV H
EXVFDUDEULJRHPRXWUROXJDUHQILPSDVVDUSRUWUDQVWRUQRVTXHMDPDLV
SRGHULDLPDJLQDUDRVTXDLVDUpDVVLVWLXDEVROXWDPHQWHLQHUWH
+iTXHVHFRQVLGHUDUTXHQRVVRWHPSRGHYLGDpEHPYDOLRVRVHP
HOHWRGRRUHVWRQDGDVLJQLILFD
3DUD 3ROL R GDQR HP VHQWLGR MXUtGLFR VLJQLILFD DEROLomR RX
GLPLQXLomRPHVPRSDUFLDORXWHPSRUiULDGHXPEHPGDYLGD,OUHDWR
LO ULVDUFLPHQWR OD ULSDUD]LRQH %RORQKD  S  DSXG -RVp GH
$JXLDU 'LDV 'D UHVSRQVDELOLGDGH FLYLO  HG 5LR GH -DQHLUR
)RUHQVHS
$UppD~QLFDUHVSRQViYHOSHORVGLVVDERUHVSDVVDGRVSHODDXWRUD
H QHVVH FDVR LPS}HVH TXH DUTXH FRP D UHVSRQVDELOLGDGH GH
UHSDUDomR PRUPHQWH HP IDFH GRV LOtFLWRV SHUSHWUDGRV HP IXQomR GD
VXDJDQkQFLD
$DXWRUDHQWHQGHFRPVXVWHQWiFXORQRVGRXWRVTXHDGRUPRUDOpR
PDLRUGRVPDOHVMiTXHLQFLGHVREUHRtQWLPRGRKRPHPVXDSUySULD
YLGDGLPLQXLQGROKHDTXDOLGDGHHLQWHQVLGDGH3RUFRQVHJXLQWHTXHP
FDXVDHVVDGRUPRUDOGHYHUHVSRQGHUSHORDWRGDQRVR
'HIDWRQDGDREVWDQWHDGLILFXOGDGHTXHVXUJHQDDYDOLDomRGHVVD
GRUHQWHQGH3ODQLROTXHQmRpSHORIDWRGHQmRVHSRGHUID]HUPHOKRU
TXHKDYHULDMXVWLILFDWLYDSDUDQDGDVHID]HU
&RPSOHPHQWD $JXLDU 'LDV TXH D FRQGLomR GD LPSRVVLELOLGDGH
PDWHPiWLFD H[DWD GD DYDOLDomR Vy SRGH VHU WRPDGD HP EHQHItFLR GD
YtWLPD H QmR HP VHX SUHMXt]R -RVp GH $JXLDU 'LDV 'D
UHVSRQVDELOLGDGHFLYLOHG5LRGH-DQHLUR)RUHQVHS
e TXH HP VHGH GH UHSDUDomR SRU GDQRV PRUDLV QmR VH SHGH XP
SUHoRDVHUSDJRSHODGRUVRIULGD(PYHUGDGHpDSHQDVXPPHLRGH
DWHQXDUSDUFLDOPHQWHDLODomRH[WUDtGDGDOHVmRMXUtGLFD
1HVVH FDVR R GLQKHLUR QmR VHUYH FRPR HTXLYDOHQWH R TXH RFRUUH
QRVGDQRVPDWHULDLVPDVFRPRSHQDWUDGX]LGDGDIXQomRVDWLVIDWyULD
3HORVXEVWUDWROHJDOHGLDQWHGRVIDWRVWUD]LGRVjFRODomRFXPSUHD


9RVVD([FHOrQFLD1REUH-XOJDGRUHPFXMRVRPEURVUHFDLDPLVVmRGH
DSOLFDURGLUHLWRHVREUHWXGRDMXVWLoDID]rODSUHVHQWHQHVWHVDXWRV
DFROKHQGR R SHGLGR H SURGX]LQGR D KDUPRQLD HQWUH R GDQR PRUDO
VRIULGRSHODDXWRUDHVXDUHSDUDomRWXWHODQGRDSD]VRFLDO±REMHWLYR
GR'LUHLWR±SHORH[HPSORTXHVHVHJXLUi
3UHOHFLRQD &DUORV $OEHUWR %LWWDU DFHUFD GHVVD IXQomR LQLELWyULD GH
QRYDVSUiWLFDVGRPHVPRMDH]SHODFRQGHQDomRSRUGDQRVPRUDLV

³7DPEpP VmR FXPXOiYHLV RV SHGLGRV GH LQGHQL]DomR SRU GDQRV

SDWULPRQLDLV H PRUDLV REVHUYDGDV DV UHJUDV SUySULDV SDUD R UHVSHFWLYR
FiOFXORHPFRQFUHWRFXPSULQGRVHIULVDUTXHRVSULPHLURVVHUHYHVWHP
GH FDUiWHU UHVVDUFLWyULR H RV VHJXQGRV UHSDUDWyULRV GH VRUWH TXH
LQVLVWLPRV QD QHFHVVLGDGH GH TXDQWR D HVWHV QD UHVSHFWLYD IL[DomR
DGRWDUVH IyUPXODV TXH YHQKDP D LQLELU QRYDV SUiWLFDV DWHQWDWyULDV j
SHUVRQDOLGDGH KXPDQD SDUD FXMD GHIHVD VH HULJLX D WHRULD GR GDQR
PRUDOTXHYHPVHQGRDSOLFDGDRUDFRPWUDQTXLOLGDGHQRVWULEXQDLVGR
SDtV´&DUORV$OEHUWR%LWWDU5HVSRQVDELOLGDGHFLYLOWHRULDHSUiWLFD5LRGH
-DQHLUR)RUHQVH8QLYHUVLWiULDS

1HVVHVHQWLGRDLQGDHQVLQDRSUHFODURSURIHVVRU

³,QWHUHVVDQWHpDVVLQDODUTXHWrPRV7ULEXQDLVFRPSUHHQGLGRRDOFDQFH
GH RULHQWDomR SRU TXH WHPRV SURSXJQDGR H LPSRVWR D UHSDUDomR HP
QtYHLV VDWLVIDWyULRV D ILP GH HOLGLUHPVH HYHQWXDLV FRPSRUWDPHQWRV
IXWXURV LQGHYLGRV´ &DUORV $OEHUWR %LWWDU 'HIHVD GR FRQVXPLGRU
UHSDUDomR GH GDQRV PRUDLV HP UHODo}HV GH FRQVXPR 5HYLVWD GR
$GYRJDGRQžGH]

$YLGDHPVRFLHGDGHLPSOLFDXPSOH[RGHUHODo}HVMXUtGLFDVGHWRGD
D HVSpFLH TXH SRU VHX WXUQR UHIOHWHP LQWHUHVVHV MXULGLFDPHQWH
SURWHJLGRV
2FRUUHQGRDOHVmRGHXPLQWHUHVVHTXHHQFRQWUDJXDULGDQR'LUHLWR
WRUQDVH LPSHUDWLYD D VXD UHSDUDomR FRP VXSHGkQHR QR SULQFtSLR GR
QHPLQHP ODHGHUH ± QmR OHVDU R SUy[LPR ± H QD SUySULD OHJLVODomR
SiWULD HVSHFLDOPHQWH D SUHFLWDGD QRUPD FRQVXPHULVWD TXH QR FDVR
VXERFXOLVWUDWDDUHVSRQVDELOLGDGHGHIRUPDREMHWLYD
2 SDUkPHWUR SDUD D FRQGHQDomR GRV GDQRV PRUDLV QHVVHV FDVRV
QRVGiDVHQWHQoDSURODWDGDQD9DUD&tYHO&HQWUDOGD&RPDUFDGD


&DSLWDOQRVDXWRVGRSURFHVVR

³$VVLP VHQGR H FRQVLGHUDQGR R HVFRSR GH GHVHVWtPXOR D VLWXDo}HV

VHPHOKDQWHVUHSXWRDGHTXDGRRSHGLGRGHDUELWUDPHQWRGDLQGHQL]DomR
HPYDORUHTXLYDOHQWHDGRYDORUGDVSDUFHODVSDJDVFRPDWXDOL]DomR
GHIHULGDDSOLFDGDSRUDQDORJLDDUHJUDGHSHQDOL]DomRGHREULJDomRQmR
FXPSULGDFRQIRUPHGLVSRVWRQRDUW†žGD/HL´

$VVLPPLVWHUVHID]DUHSDUDomRYH]TXHSUHVHQWHVRVSUHVVXSRVWRV
GRGDQRPRUDO
D $omR H RPLVVmR GD Up TXH QmR FRQVWUXLX FRORFRX QR PHUFDGR
SURGXWR TXH QmR RIHUHFH D VHJXUDQoD TXH GHOH OHJLWLPDPHQWH VH
HVSHUDYD &'& DUW  † ž PRUPHQWH DQWH D UXtQD GR WHWR
SDVVDGRVDSHQDVSRXFRPDLVGHWUrVDQRVGRKDELWHVH
E 5HVXOWDGR GDQRVR HP IDFH GD DomR H RPLVVmR GD Up QH[R
FDXVDO GHFRUUHX R VRIULPHQWR H RV FRQVWUDQJLPHQWRV SHORV TXDLV
SDVVRXDDXWRUDHDVFRQVHTXrQFLDVQRVHXtQWLPR
,,,±3URYDGRGDQR

6HJXQGR &DUORV $OEHUWR %LWWDU p DEVROXWDPHQWH GLVSHQViYHO D SURYD

FRQFUHWDGRGDQRPRUDOYH]TXHVHWUDWDGHSUHVXQomRDEVROXWD1HVVH
VHQWLGR HQVLQD TXH ³QmR SUHFLVD D PmH FRPSURYDU TXH VHQWLX D PRUWH
GRILOKRRXDDJUDYDGDHPVXDKRQUDGHPRQVWUDUTXHVHQWLXDOHVmRRX
RDXWRUSURYDUTXHILFRXYH[DGRFRPDQmRLQVHUomRGHVHXQRPHQRXVR
S~EOLFR GH VXD REUD H DVVLP SRU GLDQWH´ &DUORV $OEHUWR %LWWDU
5HSDUDomRFLYLOSRUGDQRVPRUDLV6mR3DXOR57S
,9 ± 3HGLGR GH WXWHOD SURYLVyULD GH XUJrQFLD GH QDWXUH]D
DQWHFLSDGD&3&DUWVHVHJXLQWHVH
&RPR p QDWXUDO DQWH D SOHWRUD GH IHLWRV TXH DVVREHUED R 3RGHU
-XGLFLiULR R SURFHVVR GHPDQGDUi WHPSR DTXHOH QHFHVViULR SDUD D
GHYLGDLQVWUXomRHGHPDLVDWRVTXHOKHVmRSHUWLQHQWHV
$WpTXHGHFLVmRILQDOVHMDSURIHULGDLQGHSHQGHQWHPHQWHGDYRQWDGH
GH 9RVVD ([FHOrQFLD RV GDQRV GD DXWRUD SRGHUmR VHU H[DFHUEDGRV
WRUQDQGRVH GLItFLO D UHSDUDomR PRUPHQWH TXH VHXV UHFXUVRV
ILQDQFHLURV QmR VmR VXILFLHQWH SDUD FRQWLQXDU DUFDQGR FRP RV FXVWRV
GH DOXJXHUHV DWp TXH D SUHVHQWH DomR GH FRQKHFLPHQWR FKHJXH j


VHQWHQoD
$VVLP DQWH R FRPDQGR GR DUW  GR &yGLJR GH 'HIHVD GR
&RQVXPLGRU TXH UHTXHU D LPHGLDWD UHVWLWXLomR GDV TXDQWLDV SDJDV
SHGHVH H HVSHUDVH TXH 9RVVD ([FHOrQFLD VH GLJQH GH DQWHFLSDU D
WXWHOD SHGLGD GHWHUPLQDQGR TXH SDJXH D Up DQWHFLSDGDPHQWH D
TXDQWLDGH5DFUHVFLGRVGHMXURVHFRUUHomRPRQHWiULDGHVGHR
GHVHPEROVRDWtWXORGHUHVWLWXLomRGRYDORUSDJRSHODDXWRUD
&DVR DVVLP QmR HQWHQGD 9RVVD ([FHOrQFLD TXH DR PHQRV
GHWHUPLQH R LPHGLDWR SDJDPHQWR GRV DOXJXHUHV GHVSHQGLGRV SHOD
DXWRUDMiSDJRVGRFXPHQWRQRPRQWDQWHGH5HWDPEpPRV
YLQFHQGRVDWpRGHVOLQGHGDYHUWHQWHDomR
9±3HGLGRGHPpULWR
([SRVLWLVUHTXHUDDXWRUDTXHDRILQDOGLJQHVH9RVVD([FHOrQFLD
GH MXOJDU SURFHGHQWH D SUHVHQWH DomR SDUD FRQGHQDU D Up QR
SDJDPHQWR
D GH 5  DFUHVFLGRV GH MXURV H FRUUHomR PRQHWiULD GHVGH R
SDJDPHQWR GHFRUUHQWHV GD UHVWLWXLomR GRV YDORUHV SDJRV SHOR
LPyYHOQRVWHUPRVGRLQF,,GR†žDUWGR&'&
E GDV GHVSHVDV FRP KRVSHGDJHP H ORFDomR HQTXDQWR QmR
UHVWLWXtGRV RV YDORUHV SDJRV SHOR LPyYHO GHIHLWXRVR GRFXPHQWRV  H

F GDV GHVSHVDV GH WUDQVSRUWH H PXGDQoD QR YDORU GH 5 
GRFXPHQWR
G GR YDORU D VHU DUELWUDGR SRU 9RVVD ([FHOrQFLD D WtWXOR GH GDQRV
PRUDLV&3&DUWV9H†ž,, WHQGR HP YLVWD D SRVLomR
VRFLDOGDDXWRUDEHPFRPRDGDRIHQVRUDRXRXWURYDORUTXH9RVVD
([FHOrQFLDYHQKDDDUELWUDUWHQGRHPYLVWDRVFULWpULRVH[SRVWRVQHVWD
H[RUGLDO
HGHFXVWDVKRQRUiULRVGHDGYRJDGRMXURVHGHPDLVGHVSHVDV
,9±&LWDomR
7UDWDQGRVH D Up GH SHVVRD MXUtGLFD UHTXHUVH TXH D FLWDomR VHMD
HIHWXDGD SRU LQWHUPpGLR GR VLVWHPD GH FDGDVWUR GH SURFHVVRV HP
DXWRVHOHWU{QLFRVQRVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR


&LYLO RX FDVR D Up QmR FRQWH FRP R FDGDVWUR REULJDWyULR TXH VHMD
FLWDGDSHORFRUUHLRQRVWHUPRVGRVDUWV,HGR&yGLJR
GH 3URFHVVR &LYLO SDUD UHVSRQGHU QR SUD]R GH  TXLQ]H GLDV DUW
 GR &yGLJR GH 3URFHVVR &LYLO VRE SHQD GH VHUHP WLGRV SRU
YHUGDGHLURV WRGRV RV IDWRV DTXL DOHJDGRV DUW  GR &yGLJR GH
3URFHVVR &LYLO GHYHQGR R UHVSHFWLYR PDQGDGR FRQWHU R SUD]R SDUD
UHVSRVWDRMXt]RHRFDUWyULRFRPRUHVSHFWLYRHQGHUHoR
2X
5HTXHUVH TXH D FLWDomR GD Up VHMD HIHWXDGD SHOR FRUUHLR QRV
WHUPRVGRVDUWV,HGR&yGLJRGH3URFHVVR&LYLOSDUD
UHVSRQGHU QR SUD]R GH  TXLQ]H GLDV DUW  GR &yGLJR GH
3URFHVVR &LYLO VRE SHQD GH VHUHP WLGRV SRU YHUGDGHLURV WRGRV RV
IDWRVDTXLDOHJDGRVDUWGR&yGLJRGH3URFHVVR&LYLOGHYHQGRR
UHVSHFWLYRPDQGDGRFRQWHURSUD]RSDUDUHVSRVWDRMXt]RHRFDUWyULR
FRPRUHVSHFWLYRHQGHUHoR
2X
1RVWHUPRVGRDUW,,GR&yGLJRGH3URFHVVR&LYLOMXVWLILFDUR
PRWLYR SRVWR TXH D FLWDomR SRU 2ILFLDO GH -XVWLoD p VXEVLGLiULD
UHTXHUVHDFLWDomRGDUpSRULQWHUPpGLRGR6U2ILFLDOGH-XVWLoDSDUD
TXHUHQGRUHVSRQGHUQRSUD]RGHTXLQ]HGLDVDUWGR&yGLJR
GH3URFHVVR&LYLOVRESHQDGHVHUHPWLGRVSRUYHUGDGHLURVWRGRVRV
IDWRVDTXLDOHJDGRVDUWGR&yGLJRGH3URFHVVR&LYLOGHYHQGRR
UHVSHFWLYR PDQGDGR FRQWHU DV ILQDOLGDGHV GD FLWDomR DV UHVSHFWLYDV
GHWHUPLQDo}HV H FRPLQDo}HV EHP FRPR D FySLD GR GHVSDFKR GRD
00 -XL]D FRPXQLFDQGR DLQGD R SUD]R SDUD UHVSRVWD R MXt]R H R
FDUWyULR FRP R UHVSHFWLYR HQGHUHoR IDFXOWDQGRVH DR 6U 2ILFLDO GH
-XVWLoD HQFDUUHJDGR GD GLOLJrQFLD SURFHGHU QRV GLDV H KRUiULRV GH
H[FHomR&3&DUW†ž
9,,±$XGLrQFLDGH&RQFLOLDomR
1RV WHUPRV GR DUW  † ž GR &yGLJR GH 3URFHVVR &LYLO R DXWRU
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR


FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR R DXWRU GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
9,,,±3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
5HTXHU RXWURVVLP QRV WHUPRV GR DUW ž LQF 9,,, GD /HL
DLQYHUVmRGR{QXVGDSURYD
9,,,±9DORUGDFDXVD
'iVHjSUHVHQWHRYDORUGH5
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

3.10.PEDIDO NA AÇÃO DE PRECEITO COMINATÓRIO – OBRIGAÇÃO

DE FAZER

([SRVLWLVFRPIXQGDPHQWRQRDUWGR&'&UHTXHUDDXWRUDTXH
DR ILQDO GLJQH VH 9RVVD ([FHOrQFLD GH MXOJDU SURFHGHQWH D SUHVHQWH
DomR
D ,PSXWDQGR DR UpX D SHQD GH PXOWD GLiULD GH 5  SHOR
GHVFXPSULPHQWRGDILQDOGHFLVmR&3&DUWLQGHSHQGHQWHPHQWH
GDDQWHFLSDomRGHWXWHOD&3&DUWSDUDTXHVXEVWLWXDRLPyYHO
GHIHLWXRVR
5HTXHU DLQGD D SURFHGrQFLD GD DomR SDUD FRQGHQDU Up QR
SDJDPHQWR


 E 'DV GHVSHVDV FRP KRVSHGDJHP H ORFDomR HQTXDQWR QmR
VXEVWLWXtGRRLPyYHOGHIHLWXRVRGRFXPHQWR
F 'DV GHVSHVDV GH WUDQVSRUWH H PXGDQoD QR YDORU GH 5 
GRFXPHQWR
G 'R YDORU D VHU DUELWUDGR SRU 9RVVD ([FHOrQFLD D WtWXOR GH GDQRV
PRUDLV&3&DUW,,WHQGRHPYLVWDDSRVLomRVRFLDOGDDXWRUD
EHPFRPRDGDRIHQVRUDRXRXWURYDORUTXH9RVVD([FHOrQFLDYHQKD
DDUELWUDUWHQGRHPYLVWDRVFULWpULRVH[SRVWRVQHVWDH[RUGLDO
H'HFXVWDVKRQRUiULRVGHDGYRJDGRMXURVHGHPDLVGHVSHVDV

3.11.PETIÇÃO INICIAL – AÇÃO DE INDENIZAÇÃO EM FACE DE

CONSTRUTORA COM PEDIDO DE TUTELA DE URGÊNCIA PARA
REALIZAÇÃO DE PROVA PERICIAL ANTECIPADA

([PR6U'U-XL]GH'LUHLWRGD9DUD&tYHOGR)RUR&HQWUDO

GD&RPDUFDGD&DSLWDO±63
 SRU VHXV SURFXUDGRUHV GRF   YHP UHVSHLWRVDPHQWH
SHUDQWH 9RVVD ([FHOrQFLD DIRUDU SHOR SURFHGLPHQWR FRPXP ULWR
RUGLQiULRHPIDFHGHDFRPSHWHQWH
$omR GH LQGHQL]DomR SRU YtFLRV FRQVWUXWLYRV ± FRP SHGLGR GH
DQWHFLSDomR GRV HIHLWRV GD WXWHOD MXULVGLFLRQDO SUHWHQGLGD SDUD D
SURGXomRDQWHFLSDGDGHSURYDSHULFLDO
R TXH ID] FRP IXQGDPHQWR QR DUW ž 9 H ;;;9 GD &RQVWLWXLomR
)HGHUDOFRPELQDGRFRPRDUWž9,9,,H9,,,HDUWGR&yGLJRGH
'HIHVD GR &RQVXPLGRU QRV DUWV     D  
SDUiJUDIR~QLFRDHWRGRVGR&yGLJR&LYLOHSRUILPQRV
DUWVHVHJXLQWHVHFRPELQDGRFRPRWRGRVGR&yGLJRGH
3URFHVVR&LYLO
,±%UHYHUHVXPRGRVIDWRV
2&RQGRPtQLRDXWRU([FHOrQFLDIRLLGHDOL]DGRSHODUpSDUDVHUXP
SURMHWRDOWDPHQWHVRILVWLFDGRHGLIHUHQFLDGR
1HVWD TXDOLGDGH SURPHWHX DV XQLGDGHV DXW{QRPDV TXH VHULDP
IXWXUDPHQWH HULJLGDV EDVHDGD SXUDPHQWH HP DSHORV GH RUGHP


HPRFLRQDOOLJDGRVjVLGHLDVGHPDJQLWXGHUHTXLQWHSURSRVWDRXVDGD
FULDWLYLGDGH H H[FHOHQWH ORFDOL]DomR DWUHODGRV WRGRV DRV GHWDOKHV
FRQVWDQWHVGRUHVSHFWLYRSODQRGHQWUHRVTXDLVDJXLVDGHH[HPSOR
ROD]HUDVHJXUDQoDHRFRQMXQWRGHWRGDVDVUHJDOLDVTXHSURSDJRX
FRQIRUPH VH GHSUHHQGH GH PDWHULDO SXEOLFLWiULR H[WUDtGR GR  GRF

1RUHIHULGRPDWHULDOSXEOLFLWiULRHOHWU{QLFRYHULILFDVHFRPPHULGLDQD
FODUH]D LQRYDo}HV WHFQROyJLFDV FRPR SRU H[HPSOR ³(OHYDGRU FRP
UHFRQKHFLPHQWRGLJLWDOGDQGRDFHVVRUHVWULWRjVXDUHVLGrQFLDDSHQDV
SDUDSHVVRDVDXWRUL]DGDV´EHPFRPRDRSomRGHDSDUWDPHQWRVFRP
RXYDJDVGHJDUDJHP
$OpP GD H[WHQVD iUHD GH OD]HU TXH GHQWUH RV LQ~PHURV LWHQV
GHVWDFDVH 6DOmR GH IHVWDV &KXUUDVTXHLUD 6DOD GH UHFUHDomR
LQIDQWLO 3OD\JURXQG )LWQHVV 6DXQD FRP 'XFKD 3LVFLQD DGXOWR
FOLPDWL]DGD FRP UDLD 3LVFLQD LQIDQWLO FOLPDWL]DGD 6RODULXP H (VWDomR
GHJLQiVWLFDH[WHUQD
(P VXPD HP WXGR H SRU WXGR XP HPSUHHQGLPHQWR GHVWLQDGR D
SHVVRDVGHHOHYDGRSRGHUDTXLVLWLYR
&RQWXGR ([FHOrQFLD XPD YH] FRQFOXtGD H HQWUHJXH D REUD QR GLD
 FHUWLILFDGR GH FRQFOXVmR DQH[R ± GRF  RXWUD SDVVRX D VHU D
LPSUHVVmR GRV DGTXLUHQWHV ± TXH QmR PDLV D GH HPSUHHQGLPHQWR
GLIHUHQFLDGR±DVVLPTXHSDVVDUDPDRFXSDURFRQGRPtQLRDXWRU
,VWR SRUTXH j PHGLGD TXH R tQGLFH GH RFXSDomR GR
HPSUHHQGLPHQWRIRLVHWRUQDQGRPDLRUHPUD]mRGDLPLVVmRQDSRVVH
GDV XQLGDGHV SHORV FRPSUDGRUHV FRQVWDWRXVH XPD VpULH GH
LUUHJXODULGDGHVHSUREOHPDVGHRUGHPWpFQLFDQRHPSUHHQGLPHQWR
(QWUHHOHVPDVQmRVHOLPLWDQGRDWDLVGLYHUJrQFLDVHQWUHRSURMHWR
DSUHVHQWDGR H DSURYDGR SHUDQWH D PXQLFLSDOLGDGH EHP FRPR
FRPHUFLDOL]DGR MXQWR DRV FRPSUDGRUHV QR WRFDQWH j TXDQWLGDGH GH
YDJDV GH JDUDJHP H DR HVSDoR WULGLPHQVLRQDO GDV PHVPDV HVSDoR
SDUD FLUFXODomR GH YHtFXORV GLYHUJrQFLD GH OD\RXW GRV DPELHQWHV GR
WpUUHR HVFDGDULDV UDPSDV JXDULWD H SLVFLQD GHILFLrQFLD GH
YHQWLODomR SHUPDQHQWH QR ž VXEVROR EORTXHLR GH DFHVVR DR KDOO GR
HOHYDGRU VRFLDO DOpP GRV LQ~PHURV YtFLRV FRQVWUXWLYRV SRGHQGR
GHVWDFDUVH HQWUH HOHV LQILOWUDo}HV PDFKDV GH HVFRUULPHQWR H


ILVVXUDV QR UHYHVWLPHQWR GD IDFKDGD DXVrQFLD GH LGHQWLILFDomR GH
UHJLVWURV H FDVD GH PiTXLQDV GHVORFDPHQWRV TXHEUDV H
UHMXQWDPHQWRV LQDGHTXDGRV QRV SLVRV GR HPSUHHQGLPHQWR FRPR XP
WRGRWULQFDVILVVXUDVHLQVWDODo}HVHOpWULFDVLQDGHTXDGDVHPPXURVH
SDUHGHVH[WHUQDVHQWUHRXWURVYtFLRV
(P UD]mR GRV LQ~PHURV SUREOHPDV YHULILFDGRV R FRQGRPtQLR DXWRU
FRQWUDWRX HPSUHVD GH HQJHQKDULD HVSHFLDOL]DGD FRP R HVFRSR GH
UHDOL]DU XPD YLVWRULD FRPSOHWD QR HPSUHHQGLPHQWR HODERUDQGR ODXGR
TXH DSRQWDVVH WRGDV DV LUUHJXODULGDGHV YHULILFDGDV EHP FRPR RV
SUHMXt]RVH[SHULPHQWDGRVSHORPHVPRHPUD]mRGHODV
7DO WUDEDOKR UHVXOWRX QD SURGXomR GH GRLV SDUHFHUHV D VDEHU
/DXGR GH ,QVSHomR GH ³&KHFN /LVW´ H /DXGR 7pFQLFR GH $XGLWRULD ±
9DJDVGH(VWDFLRQDPHQWRDQH[RV±GRF
3DUD D VXUSUHVD GR FRQGRPtQLR DXWRU DOJXQV GRV SUREOHPDV
HQFRQWUDGRV H DSRQWDGRV QRV SDUHFHUHV VmR H[WUHPDPHQWH VpULRV
QmRVHQGRSDVVtYHLVLQFOXVLYHGHUHSDUDomRItVLFD
'HVVD IRUPD EXVFDQGR YLDELOL]DU XPD FRPSRVLomR DPLJiYHO R
FRQGRPtQLR DXWRU QRWLILFRX H[WUDMXGLFLDOPHQWH D Up QRWLILFDomR
H[WUDMXGLFLDO DQH[D ± GRF  R TXH UHVXOWRX QXPD PLVVLYD
HQFDPLQKDGD SHOD Up DJHQGDQGR XPD UHXQLmR SDUD WUDWDU GRV
SUREOHPDVFDUWDHQFDPLQKDGDSHODUp±GRF
5HIHULGD UHXQLmR RFRUUHX QR GLD  FRP UHSUHVHQWDQWHV WpFQLFRV
HQJHQKHLURVHMXUtGLFRVDGYRJDGRVWDQWRGDUpFRPRGRDXWRU
&RQWXGR QDGD REVWDQWH R HVIRUoR HPSUHHQGLGR SHOR DXWRU SDUD
YLDELOL]DU XPD FRPSRVLomR DPLJiYHO UHIHULGD UHXQLmR IRL LQIUXWtIHUD
UHVXOWDQGRHPFRQWUDQRWLILFDomRHQYLDGDSHODUpGRF
/RJRWHQGRHPYLVWDDLPSRVVLELOLGDGHGHFRPSRVLomREHPFRPRV
LQ~PHURVSUREOHPDVH[LVWHQWHVQRFRQGRPtQLRDXWRUTXHUHVXOWDPHP
HQRUPHSUHMXt]RQmRUHVWRXDOWHUQDWLYDDRPHVPRVHQmRVRFRUUHUVH
GR3RGHU-XGLFLiULRDILPGHEXVFDUDVGHYLGDVUHSDUDo}HV
,,±'LUHLWR
6H D FRQVWUXomR GXUDQWH D JDUDQWLD HQFRQWUDVH HP HVWDGR
GHSORUiYHO VLJQLILFD TXH D PHVPD QmR REVHUYRX D ERD WpFQLFD GH
FRQVWUXomRDJLQGRDUpSRUWDQWRFRPIODJUDQWHFXOSDQDH[HFXomRGR


SURMHWR PXLWR HPERUD D VXD UHVSRQVDELOLGDGH QR SUD]R TXLQTXHQDO
VHMDREMHWLYD
1HVVH VHQWLGR R 3URIHVVRU +HO\ /RSHV 0HLUHOOHV FRPR XP GRV
-XULVWDV SUHFXUVRUHV VREUH D PDWpULD OHFLRQDYD VREUH D
UHVSRQVDELOLGDGHGRHPSUHLWHLUR

³$ UHVSRQVDELOLGDGH SHOD SHUIHLomR GD REUD p R SULPHLUR GHYHU OHJDO GH

WRGR SURILVVLRQDO RX ILUPD GH (QJHQKDULD $UTXLWHWXUD RX $JURQRPLD
VHQGRGHVHSUHVXPLUHPTXDOTXHUFRQWUDWRGHFRQVWUXomRSDUWLFXODURX
S~EOLFD PHVPR TXH QmR FRQVWH GH QHQKXPD FOiXVXOD GR DMXVWH ,VWR
SRUTXH D FRQVWUXomR FLYLO p PRGHUQDPHQWH PDLV TXH XP
HPSUHHQGLPHQWROHLJRXPSURFHVVRWpFQLFRGHDOWDHVSHFLDOL]DomRTXH
H[LJH DOpP GD SHULWLD DUWHV GR SUiWLFR SDVVDGR D SHULWLD WpFQLFD GR
SURILVVLRQDOGDDWXDOLGDGH´

2FRUUHTXHDREUDHQWUHJXHSHODUpSDGHFHGHXUJHQWHVUHSDURVGD
FRQVWUXomRYH]TXHFRORFDHPULVFRDVHJXUDQoDGHVHXVPRUDGRUHV
HQWHQGLGD HVWD QD DFHSomR GD SDODYUD FRPR R DWHQGLPHQWR jV
FRQGLo}HV QRUPDLV GH PRUDGLD R TXH QmR VH YHULILFD GH IRUPD
DOJXPDQDVIRWRV'HVFULomRSDUHFHU±GRF
$VVLP GLDQWH GHVVHV IDWRV LQFRQWURYHUVRV D FRQVWUXomR WHP VXD
VHJXUDQoD ODWR VHQVX DEDODGD 1HVWH VHQWLGR VHJXH HPHQWD GH
DFyUGmRHVFODUHFHGRU

³(PSUHLWDGD ± &RQVWUXomR GH HGLItFLR ± UHVSRQVDELOLGDGH GR FRQVWUXWRU

SHOD VROLGH] H VHJXUDQoD ± 'HIHLWRV FRQVWDWDGRV SHOD SHUtFLD ±
,QILOWUDo}HVGHiJXDHXPLGDGH±,QFLGrQFLDGRDUWGR&yGLJR&LYLO
>DWXDO DUW @ ± $SHODomR SURYLGD &RQIRUPH RULHQWDomR GD PRGHUQD
MXULVSUXGrQFLD µR DUW  GR &yGLJR &LYLO >DWXDO DUW @ GHYH VHU
LQWHUSUHWDGRHDSOLFDGRWHQGRHPYLVWDDVUHDOLGDGHVGDFRQVWUXomRFLYLO
QRV GLDV DWXDLV 9D]DPHQWRV QDV LQVWDODo}HV KLGUiXOLFDV FRQVWDWDGRV
SHULFLDOPHQWH H DILUPDGRV FRPR GHIHLWRV GH PDLRU JUDYLGDGH QDV
LQVWkQFLDV ORFDLV 3UHMXt]RV LQFOXVLYH j VD~GH GRV PRUDGRUHV 1mR p
VHJXUR XP HGLItFLR TXH QmR SURSRUFLRQH D VHXV PRUDGRUHV FRQGLo}HV
QRUPDLVGHKDELWDELOLGDGHHVDOXEULGDGH'RXWULQDEUDVLOHLUDHHVWUDQJHLUD
TXDQWR j H[WHQVmR GD UHVSRQVDELOLGDGH GR FRQVWUXWRU QR FDVR GD
LQFRUSRUDGRUDTXHDVVXPLXDFRQVWUXomRGRSUpGLR3UD]RTXLQTXHQDOGH
JDUDQWLD¶ 5HVS Qž 5- LQ 567-  1R FDVR SUHVHQWH RV


 GHIHLWRVGDFRQVWUXomRIRUDPFRQVWDWDGRVSHODSHUtFLDFRQVLVWHQWHVHP
LQILOWUDo}HVGHiJXDHXPLGDGHWDQWRQDVXQLGDGHVDXW{QRPDVFRPRQDV
SDUWHVGHXVRFRPXPSHODTXHGHYHVHUUHVSRQVDELOL]DGDDFRQVWUXWRUD
SRU VXD UHSDUDomR HLV TXH RFRUUHUDP GXUDQWH R SUD]R TXLQTXHQDO GH
JDUDQWLD´ $F XQ GD  & &LY GR 7$35 ± $&  ± 5HO -XL]
'RPLQJRV 5DPLQD ± M  ± $SWHV &RQGRPtQLR (GLItFLR 6 H
RXWURV ± $SGDV 6RFLHGDGH &RQVWUXWRUD & /WGD H RXWUDV ± '-35
žS±HPHQWDRILFLDO±5HSHUWyULR,2%GHMXULVSUXGrQFLDQ
±S±

,JXDOPHQWHR(JUpJLR6XSHULRU7ULEXQDOGH-XVWLoDGHFLGLXTXH

³'LUHLWR &LYLO 5HVSRQVDELOLGDGH &LYLO (PSUHLWDGD 'HIHLWRV QD

&RQVWUXomR TXH FRPSURPHWHP DV FRQGLo}HV HOHPHQWDUHV GH
KDELWDELOLGDGH 2 DUW GR &yGLJR &LYLO GH  >FRUUHVSRQGHQWH DR
DUW  GR &yGLJR DWXDO@ DEUDQJH RV GHIHLWRV TXH SUHMXGLFDP D
KDELWDELOLGDGH GR HGLItFLR QmR VH OLPLWDQGR DRV GDQRV TXH DFDUUHWHP
UXtQD GD FRQVWUXomR 3UHFHGHQWHV 5HFXUVR (VSHFLDO QmR FRQKHFLGR´
5(VS Qž 63 ± 5HO 0LQ &pVDU $VIRU 5RFKD ±  7 ± '-


1HVVHPHVPRVHQWLGR

³(PSUHLWDGD GH &RQVWUXomR GH (GLItFLR $SOLFDomR GR $UWLJR  >DWXDO
DUW @ GR &yGLJR &LYLO &RQFHLWR GH µVHJXUDQoD¶ GR SUpGLR ,QILOWUDo}HV
GHÈJXDVH8PLGDGH2$UWGR&yGLJR&LYLOGHYHVHULQWHUSUHWDGRH
DSOLFDGR WHQGR HP YLVWD DV UHDOLGDGHV GD FRQVWUXomR FLYLO QRV GLDV
DWXDLV 9D]DPHQWRV QDV LQVWDODo}HV KLGUiXOLFDV FRQVWDWDGRV
SHULFLDOPHQWH H DILUPDGRV FRPR GHIHLWRV GH PDLRU JUDYLGDGH QDV
LQVWkQFLDV ORFDLV 3UHMXt]RV LQFOXVLYH D VD~GH GRV PRUDGRUHV 1mR p
VHJXUR XP HGLItFLR TXH QmR SURSRUFLRQH D VHXV PRUDGRUHV FRQGLo}HV
QRUPDLV GH KDELWDELOLGDGH H VDOXEULGDGH 'RXWULQD %UDVLOHLUD H
(VWUDQJHLUD TXDQWR D H[WHQVmR GD UHVSRQVDELOLGDGH GR FRQVWUXWRU QR
FDVR GD LQFRUSRUDGRUD TXH DVVXPLX D FRQVWUXomR GR SUpGLR 3UD]R
TXLQTXHQDO GH JDUDQWLD 5HFXUVR (VSHFLDO QmR FRQKHFLGR´ 5(VS Qž
5-±5HO0LQ$WKRV&DUQHLUR±7±'-

'HVFXPSULPHQWRREULJDFLRQDOGDUp
5HPHPRUDQGR DV SUHOHo}HV OHJDGDV SHOR GLUHLWR URPDQR ± FXMD
HVVrQFLDQHVWHSDUWLFXODUpYiOLGDDWpKRMH±RFRQWUDWRpXPDFRUGR


GH YRQWDGHV TXH FULD PRGLILFD RX H[WLQJXH GLUHLWRV GH QDWXUH]D
SDWULPRQLDO  GHOH DGYLQGR XP SOH[R GH REULJDo}HV P~WXDV TXH
GHYHPVHUFXPSULGDVSHODVSDUWHVPDVTXHQDSUiWLFDSRUXPDVpULH
GHUD]}HVQmRRVmRRTXHGiHQVHMRjUHVSRQVDELOLGDGHSDWULPRQLDO
GRIDOWRVR
( GHVSRQWD LQVRILVPiYHO TXH GR GHVGREUDPHQWR IiWLFR HQFHQDGR
HQWUH D Up R DXWRU H RV FRQG{PLQRV R YtQFXOR MXUtGLFR HQWUH HOHV
WUDYDGR FRPR QmR SRGHULD GHL[DU GH VHU QmR UHSUHVHQWD H[FHomR j
UHJUD
3RU PHLR GHOH D Up DVVXPLX XPD VpULH GH REULJDo}HV VHQGR DV
PDLV HYLGHQWHV GHODV ± HP OLQKDV JHUDLV ± D SHUIHLWD H[HFXomR
DFDEDPHQWR H HQWUHJD GD REUD ± H HP SDUWLFXODU H FRPR RUD
LQWHUHVVD GD iUHD FRPXP ± QRV H[DWRV WHUPRV HPSHQKDGRV QR
PHPRULDOGHVFULWLYRGRFXPHQWR
1D YLD RSRVWD ± PDV SDUWLQGRVH GR PHVPR SULVPD ± QmR UHVWD D
PHQRUG~YLGDGHTXHDUpH[HFXWRXFRQFOXLXHHQWUHJRXRHGLItFLRHP
SpVVLPR HVWDGR JHUDO H PDLV SDUWLFXODUPHQWH VXDV iUHDV FRPXQV
FRP VXDV FDUDFWHUtVWLFDV H FRPSRQHQWHV HP GHVFRQIRUPLGDGH FRP
DTXLORDTXHKDYLDVHHPSHQKDGR
3HOR TXH UHYHORX R UHODWyULR GH LQVSHomR SUHGLDO GRF  H[LVWH D
³QHFHVVLGDGHGHH[HFXomRGHVHUYLoRVGHFRUUHomRHILQDOL]DomRGDV
REUDV SDUD TXH VHMD HIHWXDGD D HQWUHJD DGHTXDGD GR FRQGRPtQLR´
VHQGRTXHWRGRVRVUHSDURVGHYHPVHUUHDOL]DGRVSHODFRQVWUXWRUD
( VH D IDOWD GH FDWHJRULD GRV DUUHPDWHV SHOD Up SURYLGHQFLDGRV QR
QDUUDGR HGLItFLR Mi QmR IRVVH VXILFLHQWH QXQFD p GHPDLV UHPHPRUDU
([FHOrQFLD TXH R PHVPR DWXDOPHQWH WDPEpP QmR FRQWD FRP D
SRVVLELOLGDGH GH XVR SOHQR GDV YDJDV GH JDUDJHP SHOD
GHVFRQIRUPLGDGHDSRQWDGDQRSDUHFHUDFRVWDGRGRF
&RQFOXVmR LUUHSURFKiYHO GH WDLV LGHLDV p XPD Vy D Up VHJXH HP
PRUDFRPDVVXDVSHFXOLDUHVREULJDo}HV
(DHVWHUHVSHLWRDREULJDomRpRYtQFXORMXUtGLFRWUDQVLWyULR±TXH
QRUPDOPHQWH H[WLQJXHVH FRP R SDJDPHQWR SRLV p R DWR TXH SRU
QDWXUH]D ILQDOL]D D REULJDomR ± SRU PHLR GR TXDO R GHYHGRU
FRPSURPHWHVHDGDUID]HURXQmRID]HUDOJRRXDOJXPDFRLVDHPSURO


GRFUHGRU
6HMDFRPRIRURFRQMXQWRGDVDWLWXGHVSRUHODDUpDVVXPLGDV±HP
ERD PHGLGD IUXWR GD LUUHVSRQVDELOLGDGH QR FXPSULPHQWR GDV
REULJDo}HVDTXHVHFRPSURPHWHX±HQVHMDFRQVHTXrQFLDVRXWUDVGD
PDLVYDULDGDRUGHP
6HJXQGR/DUHQ]RGDQRpXPDSHUGDQmRTXHULGDSHODYtWLPDFXMDV
FRQVHTXrQFLDV UHFDHP VREUH VHXV EHQV VD~GH LQWHJULGDGH ItVLFD
GHVHQYROYLPHQWR SURILVVLRQDO H[SHFWDWLYDV GH JDQKR SDWULP{QLR H
VREUHRVGLUHLWRVGDSHUVRQDOLGDGHRXVHMDVREUHDSD]GHHVStULWRGD
YtWLPD
3DUD (QQHFFHUXV R GDQR SRGH DWLQJLU TXDOTXHU HVSpFLH GH
GHVYDQWDJHP D XP EHP MXUtGLFR VHMD HOH R ³SDWULP{QLR FRUSR YLGD
VD~GHKRQUDFUpGLWREHPHVWDUFDSDFLGDGHGHDTXLVLomRHWF´
&RP HIHLWR D UHSDUDomR GRV GDQRV GHPDQGD KRMH XPD
FRQILJXUDomRWHOHROyJLFDTXHQmRVHUHVWULQJHDRVDVSHFWRVWpFQLFRV
WUDGLFLRQDLV PDV D WRGRV RV PHLRV FRORFDGRV j GLVSRVLomR GD YtWLPD
SDUDWHUDFHVVRDXPDRUGHPMXUtGLFDMXVWD
6ROXomRLUUHWRFiYHOGLVVRpOHJDGDSHODOHWUDGRDUWGR&yGLJR
&LYLOVHJXQGRRTXDOLSVLVOLWHULV

³1mR FXPSULGD D REULJDomR UHVSRQGH R GHYHGRU SRU SHUGDV H GDQRV

PDLVMXURVHDWXDOL]DomRPRQHWiULDVHJXQGRtQGLFHVRILFLDLVUHJXODUPHQWH
HVWDEHOHFLGRVHKRQRUiULRVGHDGYRJDGR´

'HQWUR DLQGD GHVWH PHVPR FRQWH[WR R DUW  GR &yGLJR &LYLO
GHWHUPLQDTXHLQYHUELV

³$TXHOH TXH SRU DomR RX RPLVVmR YROXQWiULD QHJOLJrQFLD RX

LPSUXGrQFLD YLRODU GLUHLWR H FDXVDU GDQR D RXWUHP DLQGD TXH
H[FOXVLYDPHQWHPRUDOFRPHWHDWRLOtFLWR´

$VHXWXUQRRDUWGDPHVPDRUGHQDomROHJDODUUHPDWDLSVLV
OLWHULV

³$TXHOHTXHSRUDWRLOtFLWRDUWVHFDXVDUGDQRDRXWUHPILFD

REULJDGRDUHSDUiOR´


 $OpP GD UHJUD JHUDO LQVFXOSLGD QR DUW  FRQMXJDGR FRP RV DUWV
HWRGRVGR'LSORPD&LYLOYHULILFDVHRSULQFtSLRFRQVWLWXFLRQDO
GDDPSODUHSDUDomRFRQWLGRQRDUWž9H;GD&RQVWLWXLomR)HGHUDO
TXHEHPHVSHOKDWDOWHQGrQFLDSRLVHVSRVDDWHVHGDUXSWXUDFRPRV
FRQFHLWRVWUDGLFLRQDLVOLJDQGRDUHSDUDomRDRVSRVWXODGRVGRHVWDGR
VRFLDO GH GLUHLWR H j JDUDQWLD DR SUHMXGLFDGR GH YHU UHDOL]DGR R
SULQFtSLREDVLODUGRGLUHLWRTXHGHWHUPLQDVHMDGDGRDFDGDXPRTXHp
VHX GHPDQGDQGR D UHFRPSRVLomR GR GDQR D SDUWLU GD W{QLFD GD
UHSDUDomRLQWHJUDOTXHKRMHUHJHRGLUHLWRREULJDFLRQDO
( R &yGLJR GH 'HIHVD GR &RQVXPLGRU LQFRUSRURX WDO WHQGrQFLD
&RPHIHLWRHOHGLVS}HTXH

³$UWž6mRGLUHLWRVEiVLFRVGRFRQVXPLGRU

9, ± D HIHWLYD SUHYHQomR H UHSDUDomR GH GDQRV SDWULPRQLDLV H PRUDLV
LQGLYLGXDLVFROHWLYRVHGLIXVRV´

'HVGH  HVWH p R FRPDQGR OHJDO TXH UHVSRQVDELOL]D R

IRUQHFHGRU KDELWXDO GH SURGXWRV RX VHUYLoRV SHORV GDQRV TXH YLHU
FDXVDUDRUHVSHFWLYRGHVWLQDWiULRILQDOGDQRVHVWHVUHSUHVHQWDGRVQR
SDUWLFXODUSRUWRGRHTXDOTXHUSUHMXt]RDRSDWULP{QLRGRRIHQGLGREHP
FRPRDXPGLUHLWRSHUVRQDOtVVLPR

9DJDVGHJDUDJHPHGLUHLWRDSOLFiYHO±SUiWLFDDEXVLYDGDUp
'H IDWR FRP D RFXSDomR JUDGXDO GR SUpGLR IRL FRQVWDWDGD D
DXVrQFLD H D LUUHJXODULGDGH QDV YDJDV GH JDUDJHP QmR VHQGR
QHFHVViULR PHQFLRQDU SRU HYLGHQWHV RV LQ~PHURV WUDQVWRUQRV TXH
HVVHIDWRJHUDDR&RQGRPtQLRDSHODQWH
'HTXDOTXHUIRUPDpLPSUHVFLQGtYHOTXHVHSRVVDDEULUDSRUWDGR
YHtFXORSDUDVDtGDGHVHXVRFXSDQWHVDSyVRHVWDFLRQDPHQWR
2SUREOHPDWpFQLFRFRPDVYDJDVHPVXPDFRQVLVWHHP
3DUD HYLWDU VLWXDo}HV HVGU~[XODV FRPR HVVDV H[LVWHP QRUPDV
WpFQLFDV WHQGR HP YLVWD TXH R FRQGRPtQLR IRL FRPHUFLDOL]DGR SHOD
DSHODGDFRPRXYDJDVSRUDSDUWDPHQWR±TXHGHYHPSRUyEYLR
UHVSHLWDU QRUPDV WpFQLFDV ± H QmR H[LVWHP FRPSURYDGDPHQWH DV
YDJDVSURPHWLGDVGHDFRUGRFRPDVQRUPDVDSOLFiYHLV


 1HVVH VHQWLGR FRQYpP PHQFLRQDU GHFLV}HV TXH HPDQDP GR
7ULEXQDOGH0LQDV*HUDLV

7ULEXQDO GH $OoDGD GH 0LQDV *HUDLV ³3URPHVVD GH FRPSUD H YHQGD ±
%HPLPyYHO±LQFRUSRUDomRLPRELOLiULD±YDJDGHJDUDJHP±FRQVWUXomR±
GHIHLWRVHLUUHJXODULGDGHV±REULJDomRGHID]HU±UHJXODUL]DomRGRLPyYHO
± LQGHQL]DomR ± ODXGR SHULFLDO ± SUHVWDomR MXULVGLFLRQDO ± OLPLWH ±
SULQFtSLRGDFRUUHODomR±VXFXPErQFLDUHFtSURFD±OLWLJkQFLDGHPiIp±
QmR FDUDFWHUL]DomR ± 3HOR SULQFtSLR GD FRUUHODomR R SHGLGR GR DXWRU
GHGX]LGRQDLQLFLDOOLPLWDDSUHVWDomRMXULVGLFLRQDO6HQGRRSRQWRFHQWUDO
GD OLGH D H[LVWrQFLD RX QmR GH GHIHLWRV H LUUHJXODULGDGHV QD FRQVWUXomR
GHXPHGLItFLRGHDSDUWDPHQWRVPDWpULDHPLQHQWHPHQWHWpFQLFDWHPVH
TXH R FRQWH~GR GR ODXGR SHULFLDO VHUi D EDVH SDUD R FRQYHQFLPHQWR GR
MXOJDGRU )LFDQGR FRPSURYDGR QRV DXWRV TXH IRUDP YHQGLGDV YDJDV GH
JDUDJHP DFLPD GD FDSDFLGDGH HVWUXWXUDO GR HGLItFLR p GHYLGD D
LQGHQL]DomR DRV SUHMXGLFDGRV e REULJDomR GR LQFRUSRUDGRU H GD
FRQVWUXWRUD D GHYLGD UHJXODUL]DomR GR LPyYHO H D LQpUFLD GHOHV SHUPLWH
DRV DGTXLUHQWHV DV SURYLGrQFLDV FDEtYHLV´ $FyUGmR  ±
$SHODomR&tYHO±-XL]GH)RUD±7HUFHLUD&kPDUD&tYHO±-Xt]D$OEHUJDULD
&RVWD±M±3XEO±8QkQLPH
7ULEXQDO GH $OoDGD GH 0LQDV *HUDLV ³3URPHVVD GH FRPSUD H YHQGD ±
UHVFLVmR ± YtFLR DSDUHQWH ± && DUW  ± YtFLR UHGLELWyULR QmR
FRQILJXUDGR±GHFDGrQFLD±LQWHOLJrQFLDGRDUW&3&>DWXDODUW@
±VXEGLPHQVLRQDPHQWRGHYDJDVGHJDUDJHP±'HFUHWROHLGH%HOR
+RUL]RQWH ± TXHVWmR GH RUGHP S~EOLFD ± REMHWR LOtFLWR ± FRQWUDWR QXOR ±
UHVWDEHOHFLPHQWR GR VWDWX TXR DQWH  1mR SRGH R FRQWUDWDQWH FRP
YLVWDV D UHGLELU R FRQWUDWR VXVFLWDU YtFLR DSDUHQWH GD FRLVD H DLQGD
DVVLP LQWHPSHVWLYDPHQWH DSyV FRQVXPDGD D GHFDGrQFLD && DUW
 †  ,9  e QXOD D SURPHVVD GH FRPSUD H YHQGD GH YDJDV GH
JDUDJHPFRPGLPHQV}HVLQIHULRUHVjHVWDWXtGDHPOHL&&DUW,,
FF 'HFUHWROHL QR  DUW  GR PXQLFtSLR GH %HOR +RUL]RQWH
GHYHQGR VHU UHVWDEHOHFLGR R VWDWX TXR DQWH && DUW ´ $FyUGmR
±$SHODomR&tYHO±%HOR+RUL]RQWH±3ULPHLUD&kPDUD&tYHO±
-XL]2VPDQGR$OPHLGD±M

&HUWRpTXHDGLVSDULGDGHGDVYDJDVFRPR&yGLJRGH(GLILFDo}HV
GR 0XQLFtSLR GH 6mR 3DXOR FRQIRUPH DSXUDGR QR SDUHFHU GRF 
DIURQWDRGLVSRVWRQRLQFLVR9,,,GRDUWGD/HLTXHWUDWD
GDVSUiWLFDVDEXVLYDV


 ³$UW  e YHGDGR DR IRUQHFHGRU GH SURGXWRV H VHUYLoRV GHQWUH RXWUDV
SUiWLFDVDEXVLYDV

9,,,±FRORFDUQRPHUFDGRGHFRQVXPRTXDOTXHUSURGXWRRXVHUYLoRHP
GHVDFRUGR FRP DV QRUPDV H[SHGLGDV SHORV yUJmRV RILFLDLV
FRPSHWHQWHV
1HVVH VHQWLGR HVFODUHFH $QWRQLR +HUPDQ GH 9DVFRQFHOORV H %HQMDPLQ
TXH µp FRPSUHHQVtYHO SRUWDQWR TXH WDLV SUiWLFDV VHMDP FRQVLGHUDGDV
LOtFLWDV µSHU VH¶ LQGHSHQGHQWHPHQWH GD RFRUUrQFLD GH GDQR SDUD R
FRQVXPLGRU3DUDHODVYLJHDSUHVXQomRDEVROXWDGHLOLFLWXGH¶´

2DWRLOtFLWRJHUDRGHYHUGHLQGHQL]DU
([SOLFD%HQMDPLQ

³$V SUiWLFDV DEXVLYDV GHWRQDP R GHYHU GH UHSDUDU 6HPSUH FDEH

LQGHQL]DomRSHORVGDQRVFDXVDGRVLQFOXVLYHPRUDLV´

3RUWDQWR R UpX GHYH LQGHQL]DU R YDORU TXH IRU DSXUDGR QD SHUtFLD
SHORGHVUHVSHLWRjVQRUPDVWpFQLFDVDSOLFiYHLVjVYDJDVGHJDUDJHP
6HLVVRQmREDVWDVVHQD GLFomRGH6WLJOLW]DV³SUiWLFDVDEXVLYDV´
UHSUHVHQWDP FRQGLo}HV ³TXH IHUHP RV DOLFHUFHV GD RUGHP MXUtGLFD
VHMD SHOR SULVPD GD ERDIp VHMD SHOD yWLFD GD RUGHP S~EOLFD H GRV
ERQVFRVWXPHV´
'H IDWR GHVUHVSHLWDU DV QRUPDV WpFQLFDV SHUWLQHQWHV jV YDJDV GH
JDUDJHP UHSUHVHQWD ³DOWD GRVH GH LPRUDOLGDGH HFRQ{PLFD H GH
RSUHVVmR´
,,, ± 8UJrQFLD QD DQWHFLSDomR GD WXWHOD SDUD D SURGXomR
DQWHFLSDGDGHSURYDSHULFLDO&3&DUWVH
0DLVGRTXHSRQWRSDFtILFR([FHOrQFLDFKHJDDVHUD[LRPiWLFRTXH
D FRQVWDWDomR R UHFRQKHFLPHQWR H D YHULILFDomR WDQWR GR SpVVLPR
HVWDGR JHUDO GR HGLItFLR TXDQWR D DXVrQFLD GH YDJDV GH JDUDJHP
UHJXODUHV D YLDELOL]DU D XWLOL]DomR GR SUpGLR SHORV FRQG{PLQRV
VHJXQGR D GHVWLQDomR KDELWXDO SDUD D TXDO R PHVPR IRL HGLILFDGR
ILFDUi QHFHVVDULDPHQWH D FDUJR GD SHUtFLD HP WXGR H SRU WXGR Mi
UHTXHULGD


 'HVFUHYHURVSUREOHPDVPDLVJUDYHVTXHHQVHMDPDFRQFHVVmRGH
DQWHFLSDomRGHWXWHOD
$ILQDO RV IDWRV HVWHV VLP XPD YH] VXUJLGRV QR SODQR ItVLFR
IHQRPrQLFRMDPDLVSRGHPVHUDOWHUDGRVQDVXDVXEVWkQFLD(OHVVmR
RTXHVmRHQDGDPDLV
1RHQWDQWRWDPEpPpVDELGRTXHDFRUUHWDDSOLFDomRGRGLUHLWRDR
FDVR FRQFUHWR DWLYLGDGH ILP GR (VWDGR MXL] SDVVD QHFHVVDULDPHQWH
SRU XPD FRUUHWD FRQWH[WXDOL]DomR GHVWHV IDWRV VRE SHQD GH DR
FRQWUiULR R PDJLVWUDGR DR SDUWLU GH XPD SUHPLVVD DLQGD TXH
PLQLPDPHQWHGHWXUSDGDRTXHGLUiIDOVDVHUOHYDGRDHUURHDVVLP
IRUPDU D VXD FRQYLFomR HTXLYRFDGDPHQWH DLQGD TXH QD SLRU GDV
KLSyWHVHVDGHVFRQKHFLPHQWRVHX
3RU LVVR WRGD D UHOHYkQFLD QR SUHVHQWH FDVR GD VXD FROKHLWD H R
PDLVUiSLGRSRVVtYHO
3UREDELOLGDGHGRGLUHLWR
2 MXt]R GH SUREDELOLGDGH GR DFROKLPHQWR GDV DOHJDo}HV DWp HQWmR
VXVFLWDGDV HP UD]mR GD SODXVLELOLGDGH GDV PHVPDV HQFRQWUDVH
IODJUDQWHPHQWHSUHVHQWHQRSDUHFHUGRFTXHRDXWRUSRUVXDFRQWD
SURYLGHQFLRX
$XVrQFLDGHSUHMXt]RFRPDDQWHFLSDomR
$ DQWHFLSDomR GH WXWHOD GH QDWXUH]D FDXWHODU SDUD D SURGXomR
DQWHFLSDGDGHSURYDSHULFLDOTXHRUDVHFROLPDQmRHVSHOKDTXDOTXHU
SUHMXt]RSDUDDUpRXSDUDRGHVOLQGHGDSUHVHQWHPHGLGDMXGLFLDO
$R FRQWUiULR YLVWR TXH QmR VH EXVFD DQWHFLSDU XP UHVXOWDGR TXH
PRGLILTXH R HVWDGR GH GLUHLWRV GDV SDUWHV PDV VLP DQWHFLSDU XP DWR
LQHUHQWH DR SUySULR SURFHVVR H TXH QHVWD H[DWD PHGLGD
LQYDULDYHOPHQWHRFRUUHUiVHMDDJRUDVHPSUHMXt]RSDUDRDXWRUDUpH
DGHPDQGDRXGHSRLVWDPEpPVHPSUHMXt]RSDUDDUpHDGHPDQGD
PDVVLP±HYLGHQWtVVLPRDOLiV±SDUDRDXWRUHRVVHXVFRQG{PLQRV
SRVWR TXH HVWDUi LPSHGLGD GXUDQWH D IDVH GD UHJXODU PDUFKD GD
LQVWUXomR GH SURYLGHQFLDU R QHFHVViULR SDUD DLQGD TXH
SUHFDULDPHQWHSHUPLWLUDKDELWDomRGRVFRQG{PLQRVGHDFRUGRFRPD
ILQDOLGDGHGDHGLILFDomR
)XQGDGRUHFHLRGHGDQRLUUHSDUiYHORXGHGLItFLOUHSDUDomR


 $OpP GH D DQWHFLSDomR TXH RUD VH FROLPD QmR HVSHOKDU TXDOTXHU
SUHMXt]RSDUDDUpRXSDUDRGHVOLQGHGDSUHVHQWHPHGLGDMXGLFLDOQD
VHQGD RSRVWD R IXQGDGR UHFHLR GH GDQR LUUHSDUiYHO RX GH GLItFLO
UHSDUDomR FDVR D SURGXomR DQWHFLSDGD GH SURYD SHULFLDO QmR VHMD
FRQFHGLGDpDLQGDPDLVQtWLGR
2FRUUH ([FHOrQFLD TXH D PDQXWHQomR GR DWXDO HVWDGR GH FRLVDV
DOpP GH LQYLDELOL]DU D XWLOL]DomR GH DOJXPDV iUHDV FRPXQV GR SUpGLR
SHORV FRQG{PLQRV FRPR XP WRGR H VHJXQGR D GHVWLQDomR KDELWXDO
SDUD D TXDO R DXWRU IRL HGLILFDGR H VHU GHVIDYRUiYHO DRV GLUHLWRV GH
RUGHPSHUVRQDOtVVLPDGRVTXDLVRVPHVPRVVmRWLWXODUHVjHYLGrQFLD
FODUDPHQWH FRORFD D VD~GH H D VHJXUDQoD GRV PHVPRV HP OLQKD
GLUHWD GH ULVFR DVVLP FRPR VXEPHWH D SUySULD HGLILFDomR D ULVFRV
GHVQHFHVViULRV GH GHWHULRUDomR SUHFRFH GH LQVHJXUDQoD j
IXQFLRQDOLGDGH GH GHVSHUGtFLRV H GH GHVYDORUL]DomR FI DWHVWD R
UHODWyULRGHLQVSHomRSUHGLDOFRSLDGRHPDQH[R±GRF
1DVHDUDDGYHUVDGHIHULGDDDQWHFLSDomRGHWXWHODSDUDDSURGXomR
DQWHFLSDGD GD SURYD SHULFLDO R DXWRU WHUi PXLWR PDLV OLEHUGDGH SDUD
DIDVWDURIXQGDGRUHFHLRGHGDQRVLUUHSDUiYHLVRXGHGLItFLOUHSDUDomR
WDQWR D SHVVRDV TXDQWR D FRLVDV QD H[DWD PHGLGD HP TXH D SURYD
FDEDOSDUDRGHVOLQGHGDSUHVHQWHGHPDQGDMiHVWDUiSUpFRQVWLWXtGD±
JDUDQWLGRDVVLPRERPUHVXOWDGRGDOLGH±HDVXDUHVROXomRSRGHUi
ILFDUDFDUJRGDFRQGHQDomRGDUpHPSHUGDVHGDQRV
)XQJLELOLGDGHHLQVWUXPHQWDOLGDGHHQWUHDDQWHFLSDomRGHWXWHODHD
PHGLGDFDXWHODULQFLGHQWDOVHQGRDPEDVSDUDDSURGXomRDQWHFLSDGD
GDSURYDSHULFLDO
1D PHGLGD HP TXH WDQWR D WXWHOD DQWHFLSDGD TXDQWR D PHGLGD
FDXWHODU VmR PHLRV GH DJLOL]DomR GR SURFHVVR D IXQJLELOLGDGH D VHX
WXUQRpXPSULQFtSLRSURFHVVXDOLPSOtFLWRTXHGHFRUUHGRSULQFtSLRGD
LQVWUXPHQWDOLGDGHGDVIRUPDVHGRVDWRVSURFHVVXDLVFRPRSRGHVHU
REVHUYDGR QD DQiOLVH GR DUW  GR &yGLJR GH 3URFHVVR &LYLO LQ
YHUELV

³$UW4XDQGRDOHLSUHVFUHYHUGHWHUPLQDGDIRUPDRMXL]FRQVLGHUDUi
YiOLGRRDWRVHUHDOL]DGRGHRXWURPRGROKHDOFDQoDUDILQDOLGDGH´

(P RXWUDV SDODYUDV R DWR Vy VH FRQVLGHUD QXOR H VHP HIHLWR VH


DOpP GH LQREVHUYkQFLD GD IRUPD OHJDO QmR WLYHU DOFDQoDGR D VXD
ILQDOLGDGH
9LD GH FRQVHTXrQFLD D LQWHQomR OHJLVODWLYD p FULVWDOLQD QR VHQWLGR
GH SXJQDU SHOR REMHWLYR GR DWR H QmR SHOR DWR HP VL PHVPR
FRQGX]LQGRRRSHUDGRUGRGLUHLWRjOyJLFDGRVLVWHPDHjUDFLRQDOLGDGH
D ILP GH VH HYLWDU TXH D ILQDOLGDGH GR DWR VHMD VXEVWLWXtGD SHOD
IRUPDOLGDGHGRPHVPRRTXHGHSHUVLpXPGHVYLRGHYDORUHV
'HQWUR GHVVD SHUVSHFWLYD R SULQFtSLR GD IXQJLELOLGDGH DQWHV
DGPLWLGRHPUD]mRGRUHYRJDGR†žGRDUWGR&3&GHKRMH
p DFHLWR HP UD]mR GD OHLWXUD GRV DUWV    H  † ž GR
&yGLJRGH3URFHVVR&LYLOYLJHQWH

³$UW  2 MXL] SRGHUi GHWHUPLQDU DV PHGLGDV TXH FRQVLGHUDU

DGHTXDGDVSDUDHIHWLYDomRGDWXWHODSURYLVyULD

$UW  $ WXWHOD GH XUJrQFLD VHUi FRQFHGLGD TXDQGR KRXYHU HOHPHQWRV
TXHHYLGHQFLHPDSUREDELOLGDGHGRGLUHLWRHRSHULJRGHGDQRRXRULVFR
DRUHVXOWDGR~WLOGRSURFHVVR

$UW  $ WXWHOD GH XUJrQFLD GH QDWXUH]D FDXWHODU SRGH VHU HIHWLYDGD
PHGLDQWH DUUHVWR VHTXHVWUR DUURODPHQWR GH EHQV UHJLVWUR GH SURWHVWR
FRQWUD DOLHQDomR GH EHP H TXDOTXHU RXWUD PHGLGD LG{QHD SDUD
DVVHJXUDomRGRGLUHLWR

$UW  (IHWLYDGD D WXWHOD FDXWHODU R SHGLGR SULQFLSDO WHUi GH VHU
IRUPXODGR SHOR DXWRU QR SUD]R GH  WULQWD GLDV FDVR HP TXH VHUi
DSUHVHQWDGR QRV PHVPRV DXWRV HP TXH GHGX]LGR R SHGLGR GH WXWHOD
FDXWHODU QmR GHSHQGHQGR GR DGLDQWDPHQWR GH QRYDV FXVWDV
SURFHVVXDLV
†ž2SHGLGRSULQFLSDOSRGHVHUIRUPXODGRFRQMXQWDPHQWHFRPRSHGLGR
GHWXWHODFDXWHODU´

$ UHGDomR p KLDOLQD DR SHUPLWLU TXH WXWHODV GH QDWXUH]D FDXWHODU

VHMDPUHTXHULGDVDWtWXORGHXUJrQFLDQRERMRGDDomRSULQFLSDO
$HVWHUHVSHLWR:LOOLDP6DQWRV)HUUHLUDREVHUYDTXH


 ³ IHLWR R SHGLGR GH WXWHOD DQWHFLSDGD SRGH R PDJLVWUDGR HQWHQGHQGR
FRPR GH QDWXUH]D FDXWHODU H QmR DQWHFLSDWyULD FRQFHGHU R UHVXOWDGR
DOPHMDGR SHOR DXWRU VHP REULJiOR DR DMXL]DPHQWR GH DomR FDXWHODU R
TXH VHUi IHLWR GH PDQHLUD LQFLGHQWH QR SURFHVVR HP RXWUDV SDODYUDV
VHP D QHFHVVLGDGH GH DMXL]DPHQWR H WUDPLWDomR GH SURFHVVR FDXWHODU
1HVWH FDVR D GHFLVmR GR MXL] GHYH VH SDXWDU QRV UHTXLVLWRV HVSHFtILFRV
GDPHGLGDFDXWHODUIXPXVERQLMXULVHSHULFXOXPLQPRUDHQmRGDWXWHOD
DQWHFLSDGD´

3RUWDQWR FRPR VyL RFRUUHU QR SUHVHQWH FDVR GHVGH Mi UHTXHU R
DXWRUDFRQFHVVmRGRUHVXOWDGRSRUHOHDOPHMDGRVHPDQHFHVVLGDGH
DRDMXL]DPHQWRGHPHGLGDFDXWHODUDXW{QRPDGHSURGXomRDQWHFLSDGD
GH SURYDV &3& DUWV  D  R TXH VH IRU R FDVR SRGHUi VHU
GHWHUPLQDGRLQFLGHQWDOPHQWH
,9±,QYHUVmRGR{QXVGDSURYD
4XDQWR j LQYHUVmR GR {QXV GD SURYD DV FDUDFWHUtVWLFDV GR GLUHLWR
YLQGLFDGRYtFLRVQRLPyYHOQDViUHDVFRPXQVLQGLFDPSRUVLVyTXH
RV FRQG{PLQRV LQWHUHVVDGRV SRU HYLGHQWH QR GHVOLQGH GD TXHVWmR H
UHSUHVHQWDGRV SHOR FRQGRPtQLR QR LQWHUHVVH FROHWLYR GHYHP VHU
FRQVLGHUDGRVFRPRKLSRVVXILFLHQWHVWpFQLFRV
1HVVHVHQWLGRMiVHGHFLGLXTXH

³DKLSRVVXILFLrQFLDTXHYHPH[LJLGDSHODOHLFRPRXPGRVUHTXLVLWRV
DOWHUQDWLYRVSDUDLQYHUVmRGR{QXVSUREDWyULRSRGHGDUVHQRWRFDQWHj
GLILFXOGDGHWpFQLFDGRFRQVXPLGRUHPGHVLQFXPELUVHGR{QXVGHSURYDU
RVIDWRVFRQVWLWXWLYRVGHVHXGLUHLWR´57

6HJXQGR D OLomR GH /XL] $QWRQLR 5L]]DWWR 1XQHV R VLJQLILFDGR GD

KLSRVVXILFLrQFLD GR WH[WR GR SUHFHLWR QRUPDWLYR GR &'& QmR p
HFRQ{PLFRPDVVLPRWpFQLFR
'HYHHVVDKLSRVVXILFLrQFLDVHUHQWHQGLGDFRPRRGHVFRQKHFLPHQWR
SHOR FRQVXPLGRU GDV TXHVW}HV WpFQLFDV TXH HQYROYHP D FRQVWUXomR
GHXPHGLItFLRGHH[FOXVLYRGRPtQLRGDUp
&RP HIHLWR R GLVSRVWR QR DUW ž 9,,, GR &yGLJR GH 'HIHVD GR
&RQVXPLGRU WHP D IRUoD VXILFLHQWH SDUD DIDVWDU D LQFLGrQFLD GDV
QRUPDV GR &yGLJR GH 3URFHVVR &LYLO DUWV  H  , HP PDWpULD


UHODFLRQDGDDR{QXVSUREDWyULR
3RU RXWUR ODGR QmR Ki FRPR YLDELOL]DU R SULQFtSLR FRQWLGR QR
UHIHULGR GLVSRVLWLYR VHP YLQFXOiOR DR SDJDPHQWR GDV GHVSHVDV
SHULFLDLVSRLVLQYHUWLGRR{QXVSURFHVVXDOLQFXPELUijSDUWHDWLQJLGD
SRUVHXVHIHLWRVDSURGXomRGDSURYD
1HVWHVHQWLGR

7ULEXQDO GH -XVWLoD GR (VWDGR GH 6mR 3DXOR ³3URYD ± 3HUtFLD ±
'HWHUPLQDomR GH LQYHUVmR GR {QXV GD SURYD H GHSyVLWR GRV KRQRUiULRV
SHULFLDLVSHOREDQFRDJUDYDQWH±&DUDFWHUL]DomRGHUHODomRGHFRQVXPR
QR FRQWUDWR EDQFiULR ± +LSyWHVH HP TXH D YLDELOL]DomR GR SULQFtSLR
FRQWLGRQRDUWƒ9,,,GR&yGLJRGH'HIHVDGR&RQVXPLGRULPSRUWDQD
VXD YLQFXODomR DR SDJDPHQWR GDV GHVSHVDV SHULFLDLV ± 5HFXUVR
LPSURYLGR´$JUDYRGH,QVWUXPHQWR±5HO-%)UDQFRGH
*RGRL±&RPDUFD9RWXSRUDQJD±ÏUJmRMXOJDGRU&kPDUDGH'LUHLWR
3ULYDGR ± 'DWD GR MXOJDPHQWR  ± 'DWD GH UHJLVWUR


$OLiV R SULQFtSLR GD FDUJD GLQkPLFD GDV SURYDV IRL H[SUHVVDPHQWH

DGPLWLGDSHORYLJHQWH&yGLJRGH3URFHVVR&LYLORTXHVHLQIHUHGR†
žGRDUW

³† ž 1RV FDVRV SUHYLVWRV HP OHL RX GLDQWH GH SHFXOLDULGDGHV GD FDXVD
UHODFLRQDGDV j LPSRVVLELOLGDGH RX j H[FHVVLYD GLILFXOGDGH GH FXPSULU R
HQFDUJRQRVWHUPRVGRFDSXWRXjPDLRUIDFLOLGDGHGHREWHQomRGDSURYD
GRIDWRFRQWUiULRSRGHUiRMXL]DWULEXLUR{QXVGDSURYDGHPRGRGLYHUVR
GHVGHTXHRIDoDSRUGHFLVmRIXQGDPHQWDGDFDVRHPTXHGHYHUiGDUj
SDUWHDRSRUWXQLGDGHGHVHGHVLQFXPELUGR{QXVTXHOKHIRLDWULEXtGR´

7tSLFD DSOLFDomR GR YHUWHQWH GLVSRVLWLYR p D VLWXDomR RUD

DSUHVHQWDGD QD TXDO D SURYD GHYH VHU OHYDGD D HIHLWR SHOD Up
FRQVWUXWRUDGRHPSUHHQGLPHQWRTXHVHUHSXWDGHIHLWXRVRHYLFLDGR
/RJRpPLVWHUDLQYHUVmRGR{QXVGDSURYDUHTXHUHQGRVHGHVGHMi
TXHHPUD]mRGHODDUpSDJXHRVKRQRUiULRVSHULFLDLV
9±3HGLGRV
&RP IXQGDPHQWR QRV DUJXPHQWRV GH IDWR H GH GLUHLWR WUD]LGRV j
FRODomRUHTXHURDXWRU


 D HP UHJLPH GH XUJrQFLD D DQWHFLSDomR FDXWHODU GRV HIHLWRV GD
WXWHODSUHWHQGLGDSDUDDSURGXomR DQWHFLSDGDGHSURYDSHULFLDODVHU
FXVWHDGDSHODUpHPUD]mRGDQHFHVViULDLQYHUVmRGR{QXVDILPGH
TXH VHMD DSXUDGR SULPHLUDPHQWH R SpVVLPR HVWDGR JHUDO GR HGLItFLR
QR DXWRU DVLODGR H QRWDGDPHQWH GDV VXDV iUHDV FRPXQV VXDV
FDUDFWHUtVWLFDV H FRPSRQHQWHV H GHSRLV SDUD DSXUDU D DXVrQFLD GH
LWHQV TXH GHYHULDP WHU VLGR SHOD Up HQWUHJXHV FRP D iUHD FRPXP D
LQYLDELOL]DUDSOHQDXWLOL]DomRGRSUpGLRVHJXQGRDGHVWLQDomRKDELWXDO
SDUDDTXDORPHVPRIRLHGLILFDGRGDGRDFRQMXJDomRGRUHODWyULRGH
LQVSHomR SUHGLDO FRSLDGR HP DQH[R GRF  FRP GH XP ODGR D
H[LVWrQFLDGHULVFRVFRQWUDDVD~GHHDVHJXUDQoDGRVFRQG{PLQRVH
GH RXWUR ODGR GH ULVFRV GH GHWHULRUDomR SUHFRFH GD HGLILFDomR GH
VHJXUDQoDjIXQFLRQDOLGDGHGHGHVSHUGtFLRVHGHGHVYDORUL]DomRGD
PHVPDREVHUYDGRVRVDUWVHGR&yGLJRGH3URFHVVR&LYLO
EDRILQDOVHMDDSUHVHQWHDomRMXOJDGDWRWDOPHQWHSURFHGHQWHSDUD
WRUQDUGHILQLWLYDDDQWHFLSDomRGHWXWHODTXHVHHVSHUDVHMDLUURJDGD
EHP FRPR D FRQGHQDomR GD Up DR SDJDPHQWR DR DXWRU HP VHGH GH
SHUGDV H GDQRV GH YDORU HTXLYDOHQWH j FRUUHomR H ILQDOL]DomR GDV
REUDVLQFOXVLYHGRVGHIHLWRVH[LVWHQWHVHTXHYHQKDPDVHUDSXUDGRV
DOpP GR YDORU FRUUHVSRQGHQWH DRV SURGXWRV LQHUHQWHV jV iUHDV
FRPXQV HP IXQomR GH VXDV FDUDFWHUtVWLFDV H FRPSRQHQWHV TXH VH
HPSHQKRX QR PDWHULDO GH FRPHUFLDOL]DomR GDV XQLGDGHV DXW{QRPDV
GRFHPDLVGRTXHLVWRQRPHPRULDOGHVFULWLYRGRFRXRTXH
WDPEpPDJXDUGDVHMDSHULFLDOPHQWHDSXUDGR
F D FRQGHQDomR GD Up QDV FXVWDV KRQRUiULRV GH DGYRJDGR MXURV
OHJDLVPRUDWyULRVGHVGHDFLWDomRLQLFLDOFRPUHODomRjVFRQGHQDomR
SOHLWHDGDV D WtWXOR GH GDQR PDWHULDO DUW  GR &yGLJR &LYLO MXURV
OHJDLV PRUDWyULRV GHVGH D SUiWLFD GR DWR FRP UHODomR j FRQGHQDomR
SOHLWHDGD D WtWXOR GH GDQRV PRUDLV FRUUHomR PRQHWiULD GH WRGRV RV
YDORUHVDVHUHPDSXUDGRVGHDFRUGRFRPDWDEHODSUiWLFDSDUDFiOFXOR
GH DWXDOL]DomR PRQHWiULD GRV GpELWRV MXGLFLDLV GR 7ULEXQDO GH -XVWLoD
GR (VWDGR GH 6mR 3DXOR H GHPDLV GHVSHVDV LQHUHQWHV GR SUHVHQWH
IHLWRQRVWHUPRVGRDUWGR&yGLJRGH3URFHVVR&LYLO
9,±&LWDomRHLQWLPDomR
7UDWDQGRVH D Up GH SHVVRD MXUtGLFD UHTXHUVH TXH D FLWDomR VHMD


HIHWXDGD SRU LQWHUPpGLR GR VLVWHPD GH FDGDVWUR GH SURFHVVRV HP
DXWRVHOHWU{QLFRVQRVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR
&LYLO RX FDVR D Up QmR FRQWH FRP R FDGDVWUR REULJDWyULR TXH VHMD
FLWDGDSHORFRUUHLRQRVWHUPRVGRVDUWV,HGR&yGLJR
GH3URFHVVR&LYLOSDUDDFDWDUDGHWHUPLQDomRHDHYHQWXDOFRPLQDomR
TXH VH HVSHUD VHMDP LUURJDGDV DPEDV QRV H[DWRV WHUPRV GD DOtQHD
³D´ VXSUD H SDUD TXH WDPEpP DR GHSRLV H TXHUHQGR UHVSRQGD QR
SUD]RGHTXLQ]HGLDVDUWGR&yGLJRGH3URFHVVR&LYLOVRE
SHQDGHVHUHPWLGRVSRUYHUGDGHLURVWRGRVRVIDWRVDTXLDOHJDGRVDUW
 GR &yGLJR GH 3URFHVVR &LYLO GHYHQGR R UHVSHFWLYR PDQGDGR j
FLWDQGDFRQWHUDVILQDOLGDGHVGDFLWDomRDVUHVSHFWLYDVGHWHUPLQDo}HV
H FRPLQDo}HV EHP FRPR D FySLD GR GHVSDFKR GRD 00 -XL]D
FRPXQLFDQGRDLQGDRSUD]RSDUDUHVSRVWDRMXt]RHRFDUWyULRFRPR
UHVSHFWLYRHQGHUHoR
9,,±$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLORDXWRU
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR R DXWRU GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
9,,,±3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
5HTXHURXWURVVLPQRVWHUPRVGDIXQGDPHQWDomRFRQWLGDQRLWHP,9
VXSUDDLQYHUVmRGR{QXVGDSURYD


 ,;±9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5DSHQDVSDUDHIHLWRVOHJDLVYD
UHVSHLWRDJXLDUHFROKLGDHPDSHQVR
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

3.12.PETIÇÃO INICIAL – AÇÃO DE COBRANÇA

([PR6U'U-XL]GH'LUHLWRGD9DUD&tYHOGD&RPDUFDGD

&DSLWDO±63
 SRU VHXV SURFXUDGRUHV GRFXPHQWR  FRP HVFULWyULR QD 
YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD SURSRU HP IDFH GH
DSUHVHQWH
$omRGHFREUDQoDGHFRPLVVmRGHFRUUHWDJHP
RTXHID]FRPVXSHGkQHRQRVDUJXPHQWRVGHIDWRHGHGLUHLWRTXH
SDVVDDDGX]LU
,±)DWRV
1D TXDOLGDGH GH FRUUHWRU GH LPyYHLV GHYLGDPHQWH DXWRUL]DGR SHOR
UpX FRQVRDQWH DXWRUL]DomR GH YHQGD DQH[D GRFXPHQWR  R DXWRU
FRP JUDQGH GLVSrQGLR GH WHPSR H GH GLQKHLUR SXEOLFLGDGH
FRPEXVWtYHOHWFORJURXDQJDULDUFRPSUDGRULG{QHR
6HQGR DVVLP YHQGHGRU H FRPSUDGRU ILUPDUDP D FRPSHWHQWH
HVFULWXUD S~EOLFD GH FRPSUD H YHQGD WtWXOR HVVH TXH IRL OHYDGR D
UHJLVWUR
1R DWR GD RXWRUJD GD HVFULWXUD R YHQGHGRU RUD UpX UHFHEHX
LQWHJUDOPHQWHRSUHoRDMXVWDGRGH5
1R HQWDQWR D SDU GD HIHWLYD SDUWLFLSDomR GR DXWRU TXH PHGLRX R
QHJyFLRHQWUHDVSDUWHVRUpXVHQHJDDFXPSULUDVXDREULJDomRGH
SDJDUDFRPLVVmRDMXVWDGDQRPRQWDQWHGHVHLVSRUFHQWRVREUH
RYDORUGDRSHUDomRRXVHMD5


 6HQGR DVVLP EDOGRV RV HVIRUoRV SDUD UHFHEHU DPLJDYHOPHQWH R
YDORU GHYLGR QmR UHVWRX DOWHUQDWLYD DR DXWRU VHQmR D SURSRVLWXUD GD
YHUWHQWHDomR
,,±'LUHLWR
'HWHUPLQDR&yGLJR&LYLO

³$UW  $ UHPXQHUDomR p GHYLGD DR FRUUHWRU XPD YH] TXH WHQKD
FRQVHJXLGR R UHVXOWDGR SUHYLVWR QR FRQWUDWR GH PHGLDomR RX DLQGD TXH
HVWHQmRVHHIHWLYHHPYLUWXGHGHDUUHSHQGLPHQWRGDVSDUWHV´

6HQGR DVVLP R UpX GHYHUi VHU FRQGHQDGR D SDJDU D FRPLVVmR D

TXH R DXWRU ID] MXV HP UD]mR GD PHGLDomR ~WLO DFUHVFLGD GH FXVWDV
GHVSHVDV H KRQRUiULRV LVVR PHVPR QmR KDYHQGR FRQWUDWR HVFULWR
FRPRDWHVWDUHPDQVRVDMXULVSUXGrQFLD&RPRQmRVHWUDWDGHFRQWUDWR
VROHQH D MXULVSUXGrQFLD UHPDQVRVD DGPLWH D SURYD GR FRQWUDWR
DWUDYpV GD RUGHP GH YHQGD DQH[D GRFXPHQWR  H DWp PHVPR SRU
WHVWHPXQKDV

6HJXQGR7ULEXQDOGH$OoDGD&LYLOGH6mR3DXOR³0HGLDomR±FRPLVVmR
GH FRUUHWDJHP ± FREUDQoD ± SURYD H[FOXVLYDPHQWH WHVWHPXQKDO ±
YDOLGDGH ´ $SHO F 5HY Qž   &kP ± UHO -XL] 0DULDQR
6LTXHLUD±5HIHUrQFLDV5(VSQž0*7XUPD±UHO
0LQ%DUURV0RQWHLUR±5(VSQž63±7XUPD±UHO
0LQ &OiXGLR 6DQWRV ±  $SHO &tY Qž  ± UHO $FFLROL
)UHLUH63±$&Qž±%LULJXL±UHO&DPDUJR9LDQD
±  ± 57   ± 57-  5( Qž 
355(VS1RPHVPRVHQWLGR$SHOQž
 ±  &kP ± UHO -XL] *DPD 3HOOHJULQL ±  $SHO Qž
 ±  &kP ± UHO -XL] *DPD 3HOOHJULQL ±  $SHO Qž
±&kP±UHO-XL]9LHLUDGH0RUDHV±
6HJXQGR7ULEXQDOGH$OoDGD&LYLOGH6mR3DXOR³0HGLDomR±FRPLVVmR
GHFRUUHWDJHP±FREUDQoD±SURYD±H[LVWrQFLD±SHUFHQWXDOGHVREUH
RYDORUGDWUDQVDomR±FDELPHQWR6HDSURYDGRFXPHQWDOHRUDOFRQILUPD
D LQWHUPHGLDomR GD WUDQVDomR p GHYLGD D FRPLVVmR FREUDGD GH 
VREUH R YDORU UHDO GD YHQGD FRPSURYDGD QRV DXWRV 6HQWHQoD PDQWLGD
$JUDYR UHWLGR H UHFXUVR GH DSHODomR LPSURYLGRV´ $SHO Qž  ± 
&kP±UHO-XL])HOLSH)HUUHLUD±1RPHVPRVHQWLGR$SHO
Qž±&kP±UHO-XL]5LEHLUR3LQWR±MHP


 ,,,±'HPRQVWUDomRGRGpELWR
9DORUGDRSHUDomR5
&RPLVVmRGHFRUUHWDJHP 
,9±3HGLGR
([SRVLWLVUHTXHURDXWRUTXHDRILQDOGLJQHVH9RVVD([FHOrQFLD
GH MXOJDU SURFHGHQWH D SUHVHQWH DomR FRQGHQDQGR R UpX D SDJDU R
SULQFLSDO QR YDORU GH 5  DFUHVFLGR GH MXURV OHJDLV GHVGH D
FLWDomR FRUUHomR PRQHWiULD GHVGH D GDWD GR QHJyFLR GHVSHVDV
FXVWDV H KRQRUiULRV DGYRFDWtFLRV TXH 9RVVD ([FHOrQFLD KRXYHU SRU
EHPDUELWUDU
9±&LWDomR
5HTXHUVH TXH D FLWDomR GR UpX VHMD HIHWXDGD SHOR FRUUHLR QRV
WHUPRVGRVDUWV,HGR&yGLJRGH3URFHVVR&LYLOSDUD
UHVSRQGHU QR SUD]R GH  TXLQ]H GLDV DUW  GR &yGLJR GH
3URFHVVR &LYLO VRE SHQD GH VHUHP WLGRV SRU YHUGDGHLURV WRGRV RV
IDWRVDTXLDOHJDGRVDUWGR&yGLJRGH3URFHVVR&LYLOGHYHQGRR
UHVSHFWLYR PDQGDGR FRQWHU DV ILQDOLGDGHV GD FLWDomR DV UHVSHFWLYDV
GHWHUPLQDo}HV H FRPLQDo}HV EHP FRPR D FySLD GR GHVSDFKR GRD
00 -XL]D FRPXQLFDQGR DLQGD R SUD]R SDUD UHVSRVWD R MXt]R H R
FDUWyULRFRPRUHVSHFWLYRHQGHUHoR
2X
1RVWHUPRVGRDUW,,GR&yGLJRGH3URFHVVR&LYLOMXVWLILFDUR
PRWLYR SRVWR TXH D FLWDomR SRU 2ILFLDO GH -XVWLoD p VXEVLGLiULD
UHTXHUVH D FLWDomR GR UpX SRU LQWHUPpGLR GR 6U 2ILFLDO GH -XVWLoD
SDUDTXHUHQGRUHVSRQGHUQRSUD]RGHTXLQ]HGLDVDUWGR
&yGLJR GH 3URFHVVR &LYLO VRE SHQD GH VHUHP WLGRV SRU YHUGDGHLURV
WRGRV RV IDWRV DTXL DOHJDGRV DUW  GR &yGLJR GH 3URFHVVR &LYLO
GHYHQGR R UHVSHFWLYR PDQGDGR FRQWHU DV ILQDOLGDGHV GD FLWDomR DV
UHVSHFWLYDV GHWHUPLQDo}HV H FRPLQDo}HV EHP FRPR D FySLD GR
GHVSDFKR GRD 00 -XL]D FRPXQLFDQGR DLQGD R SUD]R SDUD
UHVSRVWDRMXt]RHRFDUWyULRFRPRUHVSHFWLYRHQGHUHoRIDFXOWDQGR
VH DR 6U 2ILFLDO GH -XVWLoD HQFDUUHJDGR GD GLOLJrQFLD SURFHGHU QRV
GLDVHKRUiULRVGHH[FHomR&3&DUW†ž


 9,±$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLORDXWRU
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR R DXWRU GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
9,,±3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9,,±9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGR2$%63

3.13.PETIÇÃO INICIAL – AÇÃO REIVINDICATÓRIA COM PEDIDO DE

TUTELA PROVISÓRIA DE URGÊNCIA DE NATUREZA
ANTECIPADA

([PR6U'U-XL]GH'LUHLWRGD
 YHP UHVSHLWRVDPHQWH SRU VHXV DGYRJDGRV H SURFXUDGRUHV
GRFXPHQWR  FRP HVFULWyULR QD  RQGH UHFHEHUmR LQWLPDo}HV
SURSRUHPIDFHGHDFRPSHWHQWH


 $omR5HLYLQGLFDWyULD
RTXHID]FRPVXSHGkQHRQRDUWGR&yGLJR&LYLOSHORVIDWRV
HUD]}HVDVHJXLUH[SRVWRV
)DWRV
2 DXWRU p OHJtWLPR VHQKRU SRU MXVWR WtWXOR H DTXLVLomR OHJDO GR
LPyYHO FRQVWLWXtGR SHOR ORWH Qž  GD TXDGUD Qž  iUHD OLPLWHV H
FRQIURQWDo}HV FRQIRUPH SODQWD VLWXDGR QD 5XD  QHVWD &DSLWDO H
UHVSHFWLYDV FRQVWUXo}HV H EHQIHLWRULDV XPD FDVD GH UHVLGrQFLD FRP
 GH] F{PRGRV XP EDUUDFmR FRQIRUPH 5HJLVWUR Qž  GR 
RILFLDO GH 5HJLVWUR GH ,PyYHLV GHVWD &DSLWDO FySLD GD PDWUtFXOD
DWXDOL]DGDDQH[D±GRFXPHQWR
$ FDGHLD VXFHVVyULD GR LPyYHO LQGLYLGXDGR H GHVFULWR QR DUWLFXODGR
QžVXSUDSHUID]PDLVGHTXLQ]HDQRVMiTXHRDXWRUKRXYHGLWR
LPyYHOQRLQYHQWiULRGRVEHQVGHL[DGRVSRUVHXIDOHFLGRSDLFRQIRUPH
IRUPDO GH SDUWLOKD UHJLVWUDGR VRE R Qž  MXQWR DR  RILFLDO GH
5HJLVWURGH,PyYHLVGHVWD&DSLWDOHP
3RU VXD YH] R GH FXMXV FRPSURXR GR 6HQKRU  HP 
FRQIRUPHHVFULWXUDGHFRPSUDHYHQGDUHJXODUPHQWHWUDQVFULWDVREQž
 QR  RILFLDO GH 5HJLVWUR GH ,PyYHLV GHVWD &DSLWDO FHUWLG}HV
DQH[DV±GRFXPHQWR
2FRUUHTXHRVUpXVVHDSRVVDUDPGRLPyYHOGHIRUPDYLROHQWDHP
 SRVVXLQGRR DVVLP VHP FDXVD MXUtGLFD VHQGR LQIUXWtIHUDV DV
WHQWDWLYDV GRV DXWRUHV SDUD TXH GHYROYHVVHP R EHP GH IRUPD
DPLJiYHO
2V UpXV UHVLGHP QR LPyYHO H ORFDP R EDUUDFmR SHUFHEHQGR RV
DOXJXpLVUHJXODUPHQWH
'LUHLWR
2VDUWVHGR&yGLJR&LYLODVVHJXUDPDRSURSULHWiULRR
GLUHLWRGHUHDYHUREHPGHTXHPLQMXVWDPHQWHRSRVVXDDVVLPFRPR
UHFHEHU RV IUXWRV SHUFHELGRV VHQGR D SRVVH LQMXVWD FRPR VH Gi QR
FDVRSUHVHQWH
3HGLGR
(P IDFH GR H[SRVWR UHTXHU R DXWRU VHMD D SUHVHQWH DomR MXOJDGD


SURFHGHQWH FRP D H[SHGLomR GH PDQGDGR GH LPLVVmR GH SRVVH QRV
WHUPRVGRDUWGR&yGLJRGH3URFHVVR&LYLOFRQGHQDGRVRVUpXVD
UHVWLWXLU R LPyYHO H RV IUXWRV SHUFHELGRV FXMR YDORU VHUi DSXUDGR HP
OLTXLGDomRGHVHQWHQoDDOpPGDVFXVWDVKRQRUiULRVDGYRFDWtFLRVTXH
9RVVD ([FHOrQFLD KRXYHU SRU EHP DUELWUDU UHVSHLWDGRV RV OLPLWHV
OHJDLV
3HGLGRGHWXWHODSURYLVyULDGHXUJrQFLDGHQDWXUH]DDQWHFLSDGD
1RV WHUPRV GR DUW  GR &yGLJR GH 3URFHVVR &LYLO HP UD]mR GD
XUJrQFLD WHQGR HP YLVWD TXH R DXWRU QmR SRVVXL RXWUR ORFDO SDUD
UHVLGLUUHTXHUDFRQFHVVmRGDWXWHODDQWHFLSDGDFRPDH[SHGLomRGH
PDQGDGRGHLPLVVmRQDSRVVHGRLPyYHOLQDXGLWDDOWHUDSDUWH
&LWDomR
5HTXHUVH TXH D FLWDomR GRV UpXV VHMD HIHWXDGD SHOR FRUUHLR QRV
WHUPRVGRVDUWV,HGR&yGLJRGH3URFHVVR&LYLOSDUD
UHVSRQGHU QR SUD]R GH  TXLQ]H GLDV DUW  GR &yGLJR GH
3URFHVVR &LYLO VRE SHQD GH VHUHP WLGRV SRU YHUGDGHLURV WRGRV RV
IDWRVDTXLDOHJDGRVDUWGR&yGLJRGH3URFHVVR&LYLOGHYHQGRR
UHVSHFWLYR PDQGDGR FRQWHU DV ILQDOLGDGHV GD FLWDomR DV UHVSHFWLYDV
GHWHUPLQDo}HV H FRPLQDo}HV EHP FRPR D FySLD GR GHVSDFKR GRD
00 -XL]D FRPXQLFDQGR DLQGD R SUD]R SDUD UHVSRVWD R MXt]R H R
FDUWyULRFRPRUHVSHFWLYRHQGHUHoR
2X
1RVWHUPRVGRDUW,,GR&yGLJRGH3URFHVVR&LYLOMXVWLILFDUR
PRWLYR SRVWR TXH D FLWDomR SRU 2ILFLDO GH -XVWLoD p VXEVLGLiULD
UHTXHUVH D FLWDomR GRV UpXV SRU LQWHUPpGLR GR 6U 2ILFLDO GH -XVWLoD
SDUDTXHUHQGRUHVSRQGHUQRSUD]RGHTXLQ]HGLDVDUWGR
&yGLJR GH 3URFHVVR &LYLO VRE SHQD GH VHUHP WLGRV SRU YHUGDGHLURV
WRGRV RV IDWRV DTXL DOHJDGRV DUW  GR &yGLJR GH 3URFHVVR &LYLO
GHYHQGR R UHVSHFWLYR PDQGDGR FRQWHU DV ILQDOLGDGHV GD FLWDomR DV
UHVSHFWLYDV GHWHUPLQDo}HV H FRPLQDo}HV EHP FRPR D FySLD GR
GHVSDFKR GRD 00 -XL]D FRPXQLFDQGR DLQGD R SUD]R SDUD
UHVSRVWDRMXt]RHRFDUWyULRFRPRUHVSHFWLYRHQGHUHoRIDFXOWDQGR
VH DR 6U 2ILFLDO GH -XVWLoD HQFDUUHJDGR GD GLOLJrQFLD SURFHGHU QRV
GLDVHKRUiULRVGHH[FHomR&3&DUW†ž


 $XGLrQFLDGH&RQFLOLDomR
1RV WHUPRV GR DUW  † ž GR &yGLJR GH 3URFHVVR &LYLO R DXWRU
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRU D SDU GDV LQ~PHUDV WHQWDWLYDV GH REWHU VHX LPyYHO
DPLJDYHOPHQWHRDXWRUGHVGHMiQRVWHUPRVGRDUWGR&yGLJRGH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDOLQVSHomRMXGLFLDOGHSRLPHQWRSHVVRDOGRVUpXVVRESHQD
GH FRQILVVmR FDVR QmR FRPSDUHoDP RX FRPSDUHFHQGR VH QHJXH D
GHSRUDUW†žGR&yGLJRGH3URFHVVR&LYLO
9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

3.14.PETIÇÃO INICIAL – AÇÃO DE ADJUDICAÇÃO COMPULSÓRIA

([PR6U'U-XL]GH'LUHLWRGD
 SRU VHXV SURFXUDGRUHV GRFXPHQWR  FRP HVFULWyULR QD $Y
 6mR 3DXOR 63 RQGH UHFHEHUmR LQWLPDo}HV YHP
UHVSHLWRVDPHQWHSHUDQWH9RVVD([FHOrQFLDDIRUDUSHORSURFHGLPHQWR
FRPXPHPIDFHGH
$omRGHREULJDomRGHID]HU±DGMXGLFDomRFRPSXOVyULD
R TXH ID] FRP IXQGDPHQWR QRV DUWV  H  GR &yGLJR GH


3URFHVVR &LYLO DUWV  H  GR 'HFUHWR/HL  H DUWV  H
GR&yGLJR&LYLOSHODVUD]}HVTXHDVHJXLUSDVVDDDGX]LU
,±)DWRV
1RGLDDDXWRUDILUPRXFRPRUpXXPFRPSURPLVVRGHFRPSUDH
YHQGD GRFXPHQWR  GR LPyYHO ORFDOL]DGR QD UXD  TXH QD
PDWUtFXOD Qž  -XQWR DR ž 2ItFLR GH 5HJLVWUR GH ,PyYHLV GD 
GRFXPHQWR  HVWi DVVLP GHVFULWR H FDUDFWHUL]DGR GHVFULomR GR
LPyYHOLGrQWLFDjPDWUtFXOD
2 UHIHULGR FRPSURPLVVR GH FRPSUD H YHQGD IRL ILUPDGR HP FDUiWHU
LUUHYRJiYHO H LUUHWUDWiYHO FRQVWDQGR QR VHX ERMR WRGRV RV HOHPHQWRV
QHFHVViULRVjHVFULWXUDGHILQLWLYD
(VWDEHOHFHXVHDVVLPRSUHoRFHUWRGH5SDJRVDWUDYpVGH
TXDWURSDUFHODVLJXDLVHFRQVHFXWLYDVGH5DSULPHLUDQDGDWD
GD DVVLQDWXUD GR FRQWUDWR H DV GHPDLV HP LJXDLV GLDV GRV PHVHV
VXEVHTXHQWHV
2YDORUDYHQoDGRHQWUHDVSDUWHVIRLHIHWLYDPHQWHTXLWDGRFRQIRUPH
SURYDPRVUHFLERVDQH[RVGRFXPHQWR
2X
(PERUDWHQKDUHFHELGRDVWUrVSULPHLUDVSDUFHODVGRFXPHQWRR
UpX DUUHSHQGLGR DLQGD TXH WHQKD ILUPDGR R QHJyFLR HP FDUiWHU
LUUHWUDWiYHOUHFXVDVHDUHFHEHUD~OWLPDSDUFHOD
1DGD REVWDQWH RV HVIRUoRV GD DXWRUD R UpX VH UHFXVD DLQGD D
RXWRUJDUDHVFULWXUDGHILQLWLYD
6HQGR DVVLP D DXWRUD QRWLILFRX R UpX GRFXPHQWR  QR GLD 
SDUDTXHQRGLDFRPSDUHFHVVHFRPVHXVGRFXPHQWRVSHVVRDLV
QR ž 7DEHOLmR GH 1RWDV GD &DSLWDO SDUD RXWRUJDU D HVFULWXUD
FRQIRUPHPLQXWDTXHHQYLRX
'RPLQDGRSHODVROpUFLDFUX]DQGRRVEUDoRVRUpXQmRFRPSDUHFHX
H WDPSRXFR DOHJRX TXDOTXHU PRWLYR SDUD MXVWLILFDU VXD PRUD QD
REULJDomRGHRXWRUJDUDHVFULWXUDGHILQLWLYD
$VVLPQmRH[LVWLQGRRXWUDIRUPDEDOGRVRVHVIRUoRVGDDXWRUDQmR
OKH UHVWRX DOWHUQDWLYD VHQmR VRFRUUHUVH GR 3RGHU -XGLFLiULR SDUD
REWHUVHQWHQoDGHDGMXGLFDomRVXEVWLWXWLYDGDYRQWDGHGRUpXDSWDD


WUDQVPLWLUDSURSULHGDGHGRLPyYHOREMHWRGRFRPSURPLVVRGHFRPSUDH
YHQGD
,,±'LUHLWR
2 &yGLJR &LYLO p FODUR TXDQWR j UHVSRQVDELOLGDGH GR UpX TXH VH
QHJDDFXPSULUVXDREULJDomRGHRXWRUJDUDHVFULWXUD

³$UW  ,QFRUUH QD REULJDomR GH LQGHQL]DU SHUGDV H GDQRV R GHYHGRU
TXHUHFXVDUDSUHVWDomRDHOHVyLPSRVWDRXVySRUHOHH[HTXtYHO

$UW  1mR FXPSULGD D REULJDomR UHVSRQGH R GHYHGRU SRU SHUGDV H
GDQRV PDLV MXURV H DWXDOL]DomR PRQHWiULD VHJXQGR tQGLFHV RILFLDLV
UHJXODUPHQWHHVWDEHOHFLGRVHKRQRUiULRVGHDGYRJDGR

$UW5HVSRQGHRGHYHGRUSHORVSUHMXt]RVDTXHVXDPRUDGHUFDXVD
PDLV MXURV DWXDOL]DomR GRV YDORUHV PRQHWiULRV VHJXQGR tQGLFHV RILFLDLV
UHJXODUPHQWHHVWDEHOHFLGRVHKRQRUiULRVGHDGYRJDGR´

1HVWHVFDVRVSUHYrR&yGLJRGH3URFHVVR&LYLO

³$UW1DDomRTXHWHQKDSRUREMHWRDSUHVWDomRGHID]HURXGHQmR
ID]HU R MXL] VH SURFHGHQWH R SHGLGR FRQFHGHUi D WXWHOD HVSHFtILFD RX
GHWHUPLQDUi SURYLGrQFLDV TXH DVVHJXUHP D REWHQomR GH WXWHOD SHOR
UHVXOWDGRSUiWLFRHTXLYDOHQWH

$UW  1D DomR TXH WHQKD SRU REMHWR D HPLVVmR GH GHFODUDomR GH
YRQWDGHDVHQWHQoDTXHMXOJDUSURFHGHQWHRSHGLGRXPDYH]WUDQVLWDGD
HPMXOJDGRSURGX]LUiWRGRVRVHIHLWRVGDGHFODUDomRQmRHPLWLGD

$UW1RFXPSULPHQWRGHVHQWHQoDTXHUHFRQKHoDDH[LJLELOLGDGHGH
REULJDomR GH ID]HU RX GH QmR ID]HU R MXL] SRGHUi GH RItFLR RX D
UHTXHULPHQWR SDUD D HIHWLYDomR GD WXWHOD HVSHFtILFD RX D REWHQomR GH
WXWHOD SHOR UHVXOWDGR SUiWLFR HTXLYDOHQWH GHWHUPLQDU DV PHGLGDV
QHFHVViULDVjVDWLVIDomRGRH[HTXHQWH
† ž 3DUD DWHQGHU DR GLVSRVWR QR FDSXW R MXL] SRGHUi GHWHUPLQDU HQWUH
RXWUDVPHGLGDVDLPSRVLomRGHPXOWDDEXVFDHDSUHHQVmRDUHPRomR
GH SHVVRDV H FRLVDV R GHVID]LPHQWR GH REUDV H R LPSHGLPHQWR GH
DWLYLGDGHQRFLYDSRGHQGRFDVRQHFHVViULRUHTXLVLWDURDX[tOLRGHIRUoD


 SROLFLDO
† ž 2 PDQGDGR GH EXVFD H DSUHHQVmR GH SHVVRDV H FRLVDV VHUi
FXPSULGR SRU  GRLV RILFLDLV GH MXVWLoD REVHUYDQGRVH R GLVSRVWR QR
DUW††žDžVHKRXYHUQHFHVVLGDGHGHDUURPEDPHQWR
† ž 2 H[HFXWDGR LQFLGLUi QDV SHQDV GH OLWLJkQFLD GH PiIp TXDQGR
LQMXVWLILFDGDPHQWH GHVFXPSULU D RUGHP MXGLFLDO VHP SUHMXt]R GH VXD
UHVSRQVDELOL]DomRSRUFULPHGHGHVREHGLrQFLD
† ž 1R FXPSULPHQWR GH VHQWHQoD TXH UHFRQKHoD D H[LJLELOLGDGH GH
REULJDomRGHID]HURXGHQmRID]HUDSOLFDVHRDUWQRTXHFRXEHU
† ž 2 GLVSRVWR QHVWH DUWLJR DSOLFDVH QR TXH FRXEHU DR FXPSULPHQWR
GHVHQWHQoDTXHUHFRQKHoDGHYHUHVGHID]HUHGHQmRID]HUGHQDWXUH]D
QmRREULJDFLRQDO´

1HVWHVHQWLGR

7ULEXQDO GH -XVWLoD GH 6mR 3DXOR &RPSURPLVVR GH FRPSUD H YHQGD
$omR GH REULJDomR GH ID]HU H LQGHQL]DomR SRU SHUGDV H GDQRV DMXL]DGD
SHOR FRPSUDGRU TXH SUDWLFDPHQWH LQWHJUDOL]RX R SUHoR GR LPyYHO
UHPDQHVFHQGR GR WRWDO GH 5  D TXDQWLD GHUUDGHLUD 5
 D VHU VDWLVIHLWD TXDQGR GD RXWRUJD GD HVFULWXUD GHILQLWLYD
FRPR SUHYLVWR (PERUD SRVVD KDYHU G~YLGD VREUH TXDO GDV SUHVWDo}HV
GHYHULD VHU SURYLGHQFLDGD SULPHLUR QmR VRD FRPR SURSRUFLRQDO RX
UD]RiYHODUHFXVDGRVYHQGHGRUHVQDVXEVFULomRGRDWRFRQFOXVLYRVHD
REULJDomR LQDGLPSOLGD GR FRPSUDGRU p PyGLFD GLDQWH GD WRWDOLGDGH GR
QHJyFLR DGLPSOHPHQWR VXEVWDQFLDO $SOLFDomR GR UHJLPH MXUtGLFR GD
H[HFXomR HVSHFtILFD GR FRQWUDWR SURPHVVD GH 3RUWXJDO SDUD GHWHUPLQDU
TXH R DXWRU GHSRVLWH HP MXt]R R YDORU DWXDOL]DGR GD SUHVWDomR
UHVJXDUGDQGRRGLUHLWRGRVUpXVHFRQVHUYDQGRRQHJyFLRSRULQWHLURTXH
p R LQWHUHVVH PDLRU 5HFXUVR SDUFLDOPHQWH SURYLGR SDUD FRQVLGHUDU RV
YHQGHGRUHVREULJDGRVDRXWRUJDUDHVFULWXUDDSOLFDomRGRDUW%GR
&3&>DWXDODUW@VHUYLQGRDVHQWHQoDFRPRWtWXORWUDQVODWLYRMXQWRj
PDWUtFXOD GR LPyYHO DSyV UHDOL]DGR R GHSyVLWR $SHODomR 
5HODWRU(QLR=XOLDQL&RPDUFD&DUDJXDWDWXEDÏUJmR
MXOJDGRU  &kPDUD GH 'LUHLWR 3ULYDGR 'DWD GR MXOJDPHQWR 
'DWDGHUHJLVWUR2XWURVQ~PHURV

,,,±'HSyVLWRGRYDORUFRQWUDWDGRGDGDDPRUDDFFLSLHQGL
(PUD]mRGDQRWLILFDomRGRFXPHQWRpFXULDOFRQFOXLUDPRUDGR
UpXTXHVHQHJDLQMXVWLILFDGDPHQWHDFXPSULUDREULJDomRDVVXPLGD


XWLOL]DQGRSDUDWDQWRRDUWLItFLRGHQmRUHFHEHUDTXDQWLDFRQWUDWDGD
UHIHUHQWHj~OWLPDSDUFHODGRSUHoR
(P FRQVRQkQFLD FRP R DFDWDGR R DXWRU RIHUHFH GHVGH Mi D
TXDQWLDGHFRUUHVSRQGHQWHDRYDORUDWXDOL]DGRGHYLGRSHOD~OWLPD
SDUFHOD UHFXVDGD LQMXVWDPHQWH SHOR UpX GRFXPHQWR  ± JXLD GH
GHSyVLWRMXGLFLDO
eHVWHRHQWHQGLPHQWRHVSRVDGRSHORVHJXLQWHMXOJDGR

7ULEXQDOGH-XVWLoDGH6mR3DXOR³2XWRUJDGHHVFULWXUD±5HODWRU-RVp
&DUORV )HUUHLUD $OYHV ± &RPDUFD 6mR 3DXOR ± ÏUJmR MXOJDGRU 
&kPDUD GH 'LUHLWR 3ULYDGR ± 'DWD GR MXOJDPHQWR  ± 'DWD GH
UHJLVWUR± 2XWURVQ~PHURV  ±
$omR GH REULJDomR GH ID]HU ± GHSyVLWR MXGLFLDO SHORV FRPSUDGRUHV QR
GHFRUUHU GD OLGH GR VDOGR UHPDQHVFHQWH GHYLGDPHQWH FRUULJLGR ±
UHFRQKHFLGRRFXPSULPHQWRLQWHJUDOGDREULJDomRSHORVFRPSUDGRUHVTXH
LPSOLFD H[LJrQFLD GD RXWRUJD GD HVFULWXUD GR LPyYHO SHORV YHQGHGRUHV
VRESHQDGHPXOWDGLiULD±6XFXPErQFLDSDUFLDO±5HFXUVRSDUFLDOPHQWH
SURYLGR´$SHODomR

$OLiVRGHSyVLWROLEHUDWyULRGDREULJDomRTXDQGRKiFXPXODomRGH
SHGLGRV FRPR QR FDVR HP WHOD p DGPLWLGR SRU MXULVSUXGrQFLD
UHPDQVRVD GR 6XSHULRU 7ULEXQDO GH -XVWLoD TXH QRV WHUPRV GR † ž
GRDUWGR&3&H[LJHDDGRomRGRULWRFRPXP

³3URFHVVXDO FLYLO 5HFXUVR HVSHFLDO 'LVVtGLR MXULVSUXGHQFLDO

&RPSURYDomR$FyUGmRUHFRUULGR)XQGDPHQWRLQDWDFDGR&XPXODomRGH
SHGLGRV&RQVLJQDomRHPSDJDPHQWRHUHYLVmRGHFOiXVXODVFRQWUDWXDLV
3RVVLELOLGDGH (PSUHJR GR SURFHGLPHQWR RUGLQiULR ± &RPSURYDVH R
GLVVtGLR MXULVSUXGHQFLDO FRP D FySLD GRV DFyUGmRV SDUDGLJPDV RX D
PHQomRGRUHSRVLWyULRRILFLDOQRVTXDLVHVWHMDPSXEOLFDGRV±2UHFXUVR
HVSHFLDOGHYHDWDFDURVIXQGDPHQWRVGRDFyUGmRUHFRUULGR±$GPLWHVH
D FXPXODomR GRV SHGLGRV GH UHYLVmR GH FOiXVXODV GR FRQWUDWR H GH
FRQVLJQDomR HP SDJDPHQWR GDV SDUFHODV WLGDV FRPR GHYLGDV SRU IRUoD
GRPHVPRQHJyFLRMXUtGLFR±4XDQGRRDXWRURSWDSRUFXPXODUSHGLGRV
TXH SRVVXHP SURFHGLPHQWRV MXGLFLDLV GLYHUVRV LPSOLFLWDPHQWH UHTXHU R
HPSUHJR GR SURFHGLPHQWR RUGLQiULR >DJRUD FRPXP@ ± 5HFXUVR HVSHFLDO
QmR FRQKHFLGR´ 5(VS *2 ± 5HO 0LQLVWUD 1DQF\ $QGULJKL ±
7HUFHLUD7XUPD±MXOJDGRHP±'-±S


 ,±3HGLGR
,VWRSRVWRUHTXHUDDXWRUDDSURFHGrQFLDGDSUHVHQWHDomRFRP
D D GHFODUDomR GH TXLWDomR GD ~OWLPD SDUFHOD LQMXVWDPHQWH
UHFXVDGDSHORUpXREMHWRGHGHSyVLWRQRVSUHVHQWHVDXWRV
E D SURFHGrQFLD GD SUHVHQWH DomR GH DGMXGLFDomR FRPSXOVyULD
FRPRFRQVHTXHQWHVXSULPHQWRGDGHFODUDomRGHYRQWDGHQmRHPLWLGD
YROXQWDULDPHQWH YDOHQGR D VHQWHQoD FRPR WtWXOR WUDQVODWLYR
H[SHGLQGRVH R FRPSHWHQWH PDQGDGR DR ž 2ItFLR GH 5HJLVWUR GH
,PyYHLVGD&DSLWDOSDUDTXHSURFHGDDRUHJLVWUR
FDFRQGHQDomRGRUpXQRSDJDPHQWRGHFXVWDVGHVSHVDVHYHUED
KRQRUiULDIL[DGDHVWDHQWUHRVOLPLWHVOHJDLV
GDFRQGHQDomRGRUpX QDVSHUGDVHGDQRVFRQVXEVWDQFLDGDVQR
YDORUGRVKRQRUiULRVGHVSHQGLGRVSHORDXWRULQGHSHQGHQWHPHQWHGRV
KRQRUiULRV VXFXPEHQFLDLV SDUD SRVWXODU VHX GLUHLWR QRV WHUPRV GRV
DUWVHGR&yGLJR&LYLOGRFXPHQWRDFUHVFLGRGHMXURV
OHJDLV
,9±&LWDomR
5HTXHUVH TXH D FLWDomR GR UpX VHMD HIHWXDGD SHOR FRUUHLR QRV
WHUPRVGRVDUWV,HGR&yGLJRGH3URFHVVR&LYLOSDUD
UHVSRQGHU QR SUD]R GH  TXLQ]H GLDV DUW  GR &yGLJR GH
3URFHVVR &LYLO VRE SHQD GH VHUHP WLGRV SRU YHUGDGHLURV WRGRV RV
IDWRVDTXLDOHJDGRVDUWGR&yGLJRGH3URFHVVR&LYLOGHYHQGRR
UHVSHFWLYR PDQGDGR FRQWHU DV ILQDOLGDGHV GD FLWDomR DV UHVSHFWLYDV
GHWHUPLQDo}HV H FRPLQDo}HV EHP FRPR D FySLD GR GHVSDFKR GRD
00 -XL]D FRPXQLFDQGR DLQGD R SUD]R SDUD UHVSRVWD R MXt]R H R
FDUWyULRFRPRUHVSHFWLYRHQGHUHoR
2X
1RVWHUPRVGRDUW,,GR&yGLJRGH3URFHVVR&LYLOMXVWLILFDUR
PRWLYR SRVWR TXH D FLWDomR SRU 2ILFLDO GH -XVWLoD p VXEVLGLiULD
UHTXHUVH D FLWDomR GR UpX SRU LQWHUPpGLR GR 6U 2ILFLDO GH -XVWLoD
SDUDTXHUHQGRUHVSRQGHUQRSUD]RGHTXLQ]HGLDVDUWGR
&yGLJR GH 3URFHVVR &LYLO VRE SHQD GH VHUHP WLGRV SRU YHUGDGHLURV
WRGRV RV IDWRV DTXL DOHJDGRV DUW  GR &yGLJR GH 3URFHVVR &LYLO
GHYHQGR R UHVSHFWLYR PDQGDGR FRQWHU DV ILQDOLGDGHV GD FLWDomR DV


UHVSHFWLYDV GHWHUPLQDo}HV H FRPLQDo}HV EHP FRPR D FySLD GR
GHVSDFKR GRD 00 -XL]D FRPXQLFDQGR DLQGD R SUD]R SDUD
UHVSRVWDRMXt]RHRFDUWyULRFRPRUHVSHFWLYRHQGHUHoRIDFXOWDQGR
VH DR 6U 2ILFLDO GH -XVWLoD HQFDUUHJDGR GD GLOLJrQFLD SURFHGHU QRV
GLDVHKRUiULRVGHH[FHomR&3&DUW†ž
9±$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLODDXWRUD
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR D DXWRUD GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
9,±3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9,,±9DORUGDFDXVD
'iVHjSUHVHQWHRYDORUGH5
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

3.15.PETIÇÃO INICIAL – AÇÃO DE OBRIGAÇÃO DE FAZER

([PR6U'U-XL]GHGLUHLWRGD


  YrP UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD SRU VHXV
DGYRJDGRV GRFXPHQWR  SURSRU SHOR SURFHGLPHQWR FRPXP ULWR
RUGLQiULRHPIDFHGH
$omR GH REULJDomR GH ID]HU FRP SHGLGR GH DQWHFLSDomR GH WXWHOD
FXPXODGDFRPSHUGDVHGDQRV
2 TXH ID] FRP VXSHGkQHR QRV DUJXPHQWRV GH IDWR H GH GLUHLWR D
VHJXLUDGX]LGRV
,±)DWRV
2V DXWRUHV VmR SURPLWHQWHV YHQGHGRUHV GRFXPHQWR  GR LPyYHO
DVVLPGHVFULWRHFDUDFWHUL]DGR
ORFDOL]DGRQDREMHWRGDPDWUtFXODQžGR2ILFLDOGH
5HJLVWURGH,PyYHLVGHGRFXPHQWR
$SURPHVVDGHFRPSUDHYHQGDGRFXPHQWRIRLHIHWXDGDHP
SHORYDORUGH5SDUDSDJDPHQWRGDVHJXLQWHIRUPD

2 UpX TXLWRX DV SDUFHODV GR SUHoR QR GLD  UHVWDQGR SRUWDQWR
UHFHEHUDHVFULWXUDSDUDFXPSULPHQWRLQWHJUDOGRFRQWUDWRGRFXPHQWR
±FySLDGRWHUPRGHTXLWDomR
(QWUHWDQWRQDGDREVWDQWHWHQKDRUpXVLGRQRWLILFDGRSDUDUHFHEHUD
HVFULWXUD GRFXPHQWR  ± QRWLILFDomR LQH[SOLFDYHOPHQWH QmR D
DWHQGHX
(QTXDQWR LVWR D DXWRUD FRQWLQXD UHVSRQViYHO WULEXWiULD SHORV
LPSRVWRV H WD[DV TXH UHFDHP VREUH R LPyYHO GRFXPHQWR  ±
FRPSURYDQWHV GH ODQoDPHQWRV GH WULEXWRV R TXH JHUD IXQHVWDV
FRQVHTXrQFLDVPRUPHQWHQRFDVRGHH[HFXomRILVFDOFRPSHQKRUDGH
UHFXUVRVILQDQFHLURVGRVTXDLVQmRSRGHSUHVFLQGLU
8UJHREVHUYDUTXHDOHJLWLPLGDGHGDSURSULHWiULD±DDXWRUD±SDUD
UHVSRQGHU SHORV WULEXWRV HP TXH SHVH D H[LVWrQFLD GH SURPHVVD GH
FRPSUD H YHQGD p WHPD SDFLILFDGR QR (JUpJLR 6XSHULRU 7ULEXQDO GH
-XVWLoDQRVWHUPRVGRDUWGR&yGLJRGH3URFHVVR&LYLO

6XSHULRU 7ULEXQDO GH -XVWLoD ³3URFHVVXDO FLYLO 7ULEXWiULR ,378

&RQWUDWR GH SURPHVVD GH FRPSUD H YHQGD GH LPyYHO /HJLWLPLGDGH
SDVVLYD GR SRVVXLGRU SURPLWHQWH FRPSUDGRU H GR SURSULHWiULR


 SURPLWHQWHYHQGHGRU7HPDMiMXOJDGRSHORUHJLPHGRDUW&GR&3&
>DWXDODUW@HGD5HVROXomR67-
 1mR Ki FRPR DSUHFLDU R PpULWR GD FRQWURYpUVLD FRP EDVH QD GLWD
PDOYHUVDomR GRV DUWLJRV  H  GR &yGLJR &LYLO EHP FRPR QDV
WHVHV D HOHV YLQFXODGDV XPD YH] TXH QmR IRUDP REMHWR GH GHEDWH SHOD
LQVWkQFLD RUGLQiULD R TXH LQYLDELOL]D R FRQKHFLPHQWR GR HVSHFLDO QR
SRQWRSRUDXVrQFLDGHSUHTXHVWLRQDPHQWR,QFLGHDRFDVRD6~PXOD
GR67)
 $ MXULVSUXGrQFLD GHVWD &RUWH 6XSHULRU p QR VHQWLGR GH TXH WDQWR R
SURPLWHQWHFRPSUDGRUSRVVXLGRUDTXDOTXHUWtWXORGRLPyYHOTXDQWRVHX
SURSULHWiULRSURPLWHQWH YHQGHGRU DTXHOH TXH WHP D SURSULHGDGH
UHJLVWUDGD QR 5HJLVWUR GH ,PyYHLV VmR FRQWULEXLQWHV UHVSRQViYHLV SHOR
SDJDPHQWRGR,3785(VS63H5(VS63±5HO0LQ
0DXUR&DPSEHOO±3ULPHLUD6HomR±'- ± MXOJDGRV GH DFRUGR
FRPRUHJLPHSUHYLVWRQRDUW&GR&3&
 5HFXUVR HVSHFLDO SDUFLDOPHQWH FRQKHFLGR H QHVVD SDUWH SURYLGR´
5(VSQž63±UHO0LQ0DXUR&DPSEHOO0DUTXHV±7XUPD
±MHP±'-H

1HVVD PHGLGD D DXWRUD IRL HVWi VHQGR H[HFXWDGD SRU GtYLGDV

ILVFDLV ,378V TXH UHFDHP VREUH R LPyYHO GR UpX GRFXPHQWR  ±
FySLDGDH[HFXomRILVFDOHFRPSURYDQWHGHTXLWDomRGHVVHVWULEXWRV
3RVWD GHVWD PDQHLUD D TXHVWmR QmR UHVWRX DOWHUQDWLYD j DXWRUD
EDOGRV RV HVIRUoRV SDUD GHPRYHU R UpX D UHFHEHU D HVFULWXUD VHQmR
LQJUHVVDU FRP D SUHVHQWH DomR SDUD EXVFDU R GHVLQFXPELUVH GD
REULJDomR GH RXWRUJDU D HVFULWXUD GDGD D UHQLWrQFLD GR SURPLWHQWH
FRPSUDGRU HP UHFHErOD SRVWR TXH QRWLILFDGR TXHGRXVH LQHUWH
FRQILJXUDQGRPRUDDFFLSLHQGL
,,±'LUHLWR
5HVWD HYLGHQWH TXH H[LVWH LQWHUHVVH SURFHVVXDO GD DXWRUD
SURPLWHQWH YHQGHGRUD HP EXVFDU WXWHOD MXULVGLFLRQDO SDUD FRPSHOLU R
UpXSURPLWHQWHFRPSUDGRUDUHFHEHUDHVFULWXUD
2 GLUHLWR GH SURSULHGDGH GR SURPLWHQWH YHQGHGRU IRL TXDVH TXH
WRWDOPHQWHHVYD]LDGRSHODTXLWDomRGRSUHoRSHORUpX
1DYHUGDGHDSURSULHGDGHQRVLVWHPDTXHUHJXODDVSURPHVVDVGH
FRPSUD H YHQGD GH LPyYHLV p PDQWLGD DSHQDV FRPR JDUDQWLD GR


UHFHELPHQWR GH SUHoR QmR KDYHQGR PDLV TXDOTXHU XWLOLGDGH QD VXD
PDQXWHQomRGHSRLVGRSDJDPHQWRILQDOSHORSURPLWHQWHFRPSUDGRU
3HOR FRQWUiULR D PDQXWHQomR GD SURSULHGDGH SRGH LPSRU j DXWRUD
SUHMXt]RV FRQVLGHUiYHLV R TXH MXVWLILFD SOHQDPHQWH R VHX LQWHUHVVH
SURFHVVXDO
$OpP GR ULVFR LPLQHQWH GH VHU H[HFXWDGR SRU GtYLGDV ILVFDLV GR
LPyYHOUHVSRQGHDLQGDSHORVGDQRVGHFRUUHQWHVGHUXtQDRTXHVH
DILUPDFRPVXSRUWHQRDUWGR&yGLJR&LYLOUHVSRQVDELOLGDGHHVWD
TXHHQFRQWUDVXDRULJHPQDFDXWLRGDPQLLQIHFWLGR'LUHLWR5RPDQR
+i RXWUDV FRQVHTXrQFLDV GHFRUUHQWHV GH REULJDo}HV SURSWHU UHP
DOpPGDTXHODVGHQDWXUH]DWULEXWiULDFRPRDVREULJDo}HVRULXQGDVGH
REULJDomR GH SDJDU DV FRQWDV GH FRQVXPR GH iJXD TXH DVVLP p
FRQVLGHUDGDSRUSDUWHGDMXULVSUXGrQFLD

7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³3UHVWDomR GH VHUYLoRV GH

IRUQHFLPHQWR GH iJXD H FROHWD GH HVJRWR 3DJDPHQWR GR GpELWR GH
FRQVXPR 2EULJDomR GH QDWXUH]D ³SURSWHU UHP´ 5HVSRQVDELOLGDGH GR
SURSULHWiULR GR LPyYHO 5HFRQKHFLPHQWR 3URFHGrQFLD GR SHGLGR LQLFLDO
6HQWHQoD UHIRUPDGD $SHOR GD DXWRUD SURYLGR e GH QDWXUH]D ³SURSWHU
UHP´ D REULJDomR SHOR SDJDPHQWR GDV WDULIDV UHODWLYDV DRV VHUYLoRV
S~EOLFRV GH IRUQHFLPHQWR GH iJXD H FROHWD GH HVJRWR XPD YH] TXH
GHVWLQDGRV DR LPyYHO FDEHQGR DR WLWXODU GR GRPtQLR UHVSRQGHU SRU
HYHQWXDO GtYLGD GH FRQVXPR LQGHSHQGHQWHPHQWH GH HVWD KDYHU VLGR
FRQVWLWXtGD DQWHV GD DTXLVLomR GR EHP RX GH TXHP WHQKD HIHWLYDPHQWH
XWLOL]DGR RV VHUYLoRV VHQGROKH DVVHJXUDGR FRQWXGR R H[HUFtFLR GR
GLUHLWR GH UHJUHVVR HP DomR SUySULD´ $SHODomR Qž 
 ± UHO 0HQGHV *RPHV ± 6mR 3DXOR ±  &kPDUD GH
'LUHLWR 3ULYDGR ± M HP  ± 'DWD GH UHJLVWUR  ±
2XWURVQ~PHURV

3RUWRGDVHVVDVUD]}HVSHORSHULJRGHGDQRLUUHSDUiYHORXGHGLItFLO
UHSDUDomR p LQGLVSHQViYHO D WXWHOD TXH DR ILQDO VHUi UHTXHULGD
LQFOXVLYHDWUDYpVGRLQVWLWXWRSURFHVVXDOGDWXWHODDQWHFLSDGD
1HVVH VHQWLGR R VHJXLQWH MXOJDGR GR 7ULEXQDO GH -XVWLoD GH 6mR
3DXOR

7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³&RPSURPLVVR GH YHQGD H FRPSUD


 2EULJDomR GH ID]HU $omR DMXL]DGD SHOD SURPLWHQWH YHQGHGRUD FRQWUD R
SURPLWHQWH FRPSUDGRU SDUD FRPSHOLOR D UHFHEHU D HVFULWXUD GR LPyYHO
FXMR SUHoR VH HQFRQWUD LQWHJUDOPHQWH SDJR ,QWHUHVVH GD SURPLWHQWH
YHQGHGRUD SDUD TXH DV WD[DV H WULEXWRV RX PHVPR REULJDo}HV SURSWHU
UHP RX UHVSRQVDELOLGDGH FLYLO SRU UXtQD GR SUpGLR QmR UHFDLDP VREUH
TXHPPDQWpPIRUPDOPHQWHRGRPtQLRPDVGHVSLGRGHWRGRRFRQWH~GR
Mi WUDQVPLWLGR DR DGTXLUHQWH 'DQR PRUDO 2FRUUrQFLD $XWRUD TXH HP
GHFRUUrQFLD GD LQH[LVWrQFLD GH UHJXODUL]DomR GD SURSULHGDGH GR EHP
WHYHVHXQRPHQHJDWLYDGR$omRSURFHGHQWH5HFXUVRSURYLGR´$SHODomR
Qž  ± UHO )UDQFLVFR /RXUHLUR ± %LULJXL ± 
&kPDUD GH 'LUHLWR 3ULYDGR ± M HP  ± 'DWD GH UHJLVWUR
±2XWURVQ~PHURV

1R VHX YRWR GH PDQHLUD ODSLGDU HVFODUHFHX R LQVLJQH UHODWRU

'HVHPEDUJDGRU)UDQFLVFR/RXUHLUR

³([LVWH R GLUHLWR GH R SURPLWHQWH FRPSUDGRU OLEHUDUVH GD REULJDomR GH

RXWRUJDUDHVFULWXUDGHUHFXSHUDUDVXDOLEHUGDGHHHYLWDUWRGRVRV{QXV
GHXPLPyYHOUHJLVWUDGRHPVHXQRPHFRPRSRUH[HPSORODQoDPHQWR
GH LPSRVWRV GHVSHVDV FRQGRPLQLDLV H HYHQWXDO UHVSRQVDELOLGDGH FLYLO
SHORIDWRGDFRLVD´
³1D YLVmR FRQWHPSRUkQHD GR GLUHLWR REULJDFLRQDO R SDJDPHQWR HP
VHQWLGR DPSOR p QmR VRPHQWH XP GHYHU FRPR WDPEpP XP GLUHLWR GR
GHYHGRU SDUD OLEHUDUVH GD SUHVWDomR &DEH DVVLP DomR GH REULJDomR
GHID]HUWDPEpPGRSURPLWHQWHYHQGHGRUFRQWUDRSURPLWHQWHFRPSUDGRU
SDUD TXH D VHQWHQoD VXEVWLWXD D HVFULWXUD LQMXVWDPHQWH QHJDGD SHOR
DGTXLUHQWH´
³3UREOHPD VXUJH FRP R UHJLVWUR GD HVFULWXUD RX GD VHQWHQoD TXH D
VXEVWLWXLTXHH[LJHRUHFROKLPHQWRGR,7%,HRSDJDPHQWRGDVFXVWDVH
HPROXPHQWRVGHYLGRVDRUHJLVWUDGRUHDR(VWDGRRXGHLPSRVWRSUHGLDO
HP DWUDVR (P WDO FDVR DEUHVH HP IDYRU GR SURPLWHQWH YHQGHGRU XPD
REULJDomR DOWHUQDWLYD 2X UHFROKH RV LPSRVWRV H WD[DV ID] R UHJLVWUR H
SRVWHULRUPHQWH SHGH R UHHPEROVR RX UHTXHU DR MXL] D IL[DomR GH PXOWD
DWpTXHRSURPLWHQWHFRPSUDGRUSURPRYDRUHFROKLPHQWRGDVFLWDGDV
YHUEDVHRUHJLVWUR´

(PLJXDOVHQWLGRHQWUHLQ~PHUDVGHFLV}HVGR7ULEXQDOGH-XVWLoDD
$SHODomR Qž  M HP  ± 4XDUWD &kPDUD GH
'LUHLWR3ULYDGR


 3RU ILP p SUHFLVR REVHUYDU TXH D VLPSOHV UHFXVD GR FUHGRU HP
UHFHEHU DTXLOR TXH R GHYHGRU RIHUHFH QR WHPSR OXJDU H IRUPD
FRQYHQFLRQDGRVFRQILJXUDDPRUDDFFLSLHQGL
2 DUW  GR &yGLJR &LYLO HVWLSXOD QR LQFLVR ,, D KLSyWHVH GH
SXUJDomRGDPRUDSHORFUHGRUTXHQmRUHFHEHRTXHOKHpGHYLGR

³$UW3XUJDVHDPRUD

,, ± SRU SDUWH GR FUHGRU RIHUHFHQGRVH HVWH D UHFHEHU R SDJDPHQWR H
VXMHLWDQGRVHDRVHIHLWRVGDPRUDDWpDPHVPDGDWD´

(pH[DWDPHQWHHVWHGLUHLWRGHOLEHUDUVHGDREULJDomRGHRXWRUJDU
D HVFULWXUD FUpGLWR GR UpX QR FRQWUDWR ELODWHUDO H FRPXWDWLYR GH
SURPHVVD GH FRPSUD H YHQGD TXH D DXWRUD YLVD H[HUFHU FRP D
SURSRVLWXUDGDYHUWHQWHDomR
,VWRSRVWRYHMDPRVR
,,,±3HGLGR
D7XWHODSURYLVyULDGHQDWXUH]DDQWHFLSDGDGHXUJrQFLD
7HQGR HP YLVWD D YHURVVLPLOKDQoD GDV DOHJDo}HV D SURYD
LQHTXtYRFD GD H[LVWrQFLD GR FRQWUDWR HQWUH DV SDUWHV EHP FRPR GD
TXLWDomRDOpPGDQRWLILFDomRQmRDWHQGLGDSHORUpXUHTXHUDDXWRUD
QRV WHUPRV GRV DUWV    H  H  GR &yGLJR GH
3URFHVVR &LYLO GLJQHVH 9RVVD ([FHOrQFLD GH DQWHFLSDU D WXWHOD RUD
UHTXHULGD GHWHUPLQDQGR TXH R UpX VRE SHQD GH PXOWD GLiULD GH
 PLO UHDLV UHFHED D HVFULWXUD QR SUD]R GH  TXLQ]H GLDV
VHPSUHMXt]RGDVSHUGDVHGDQRVGHFRUUHQWHVGDVXDRPLVVmR&yGLJR
GH3URFHVVR&LYLODUW
E0pULWR
'LDQWH GH WRGR R H[SRVWR UHTXHU D DXWRUD VHMD D SUHVHQWH DomR
MXOJDGDSURFHGHQWHFRP
D$FRQILUPDomRGDWXWHODDQWHFLSDGDTXHHVSHUDVHMDLUURJDGD
E1DKLSyWHVHGHQmRWHUVLGRFRQFHGLGDDDQWHFLSDomRGHWXWHODR
TXHVHDGPLWHDSHQDVSRUKLSyWHVHUHTXHUDDXWRUDRMXOJDPHQWRGD
SURFHGrQFLD GR SHGLGR FRP D FRQGHQDomR GR UpX QD REULJDomR GH


UHFHEHU D HVFULWXUD YDOHQGR D VHQWHQoD FRPR WtWXOR KiELO DR UHJLVWUR
QRVWHUPRVGRFDSXWGRDUWGR&yGLJRGH3URFHVVR&LYLODOpPGD
FRQGHQDomR GR UpX QHVWD HYHQWXDOLGDGH DR UHVVDUFLPHQWR GRV
YDORUHV GHVSHQGLGRV SHOD DXWRUD FRP HVFULWXUD UHJLVWUR H WULEXWRV
LQFLGHQWHVVREUHDWUDQVPLVVmR
RXHVFROKHURSHGLGRDFLPDRXRVHJXLQWH
E1DKLSyWHVHGHQmRWHUVLGRFRQFHGLGDDDQWHFLSDomRGHWXWHODR
TXHVHDGPLWHDSHQDVSRUKLSyWHVHUHTXHUDDXWRUDRMXOJDPHQWRGD
SURFHGrQFLD GR SHGLGR FRP D FRQGHQDomR GR UpX QD REULJDomR GH
UHFHEHU D HVFULWXUD QR SUD]R GH  TXLQ]H GLDV VRE SHQD GH PXOWD
GLiULDGH5PLOUHDLVRXRXWUDTXH9RVVD([FHOrQFLDMXOJDU
VXILFLHQWH WXGR QRV WHUPRV GRV DUWV  H  GR &yGLJR GH
3URFHVVR&LYLO
F $ FRQGHQDomR GR UpX QRV SUHMXt]RV FRQVXEVWDQFLDGRV QR
UHVVDUFLPHQWRGRVWULEXWRV,378VODQoDGRVHPQRPHGDDXWRUDHSRU
HOD SDJRV QRV WHUPRV GRV GRFXPHQWRV DQH[RV GRFXPHQWR  FDVR
H[LVWHQWHVVHQmRVXSULPLU
3RU ILP UHTXHU D FRQGHQDomR GR UpX QR SDJDPHQWR GDV FXVWDV H
KRQRUiULRV GH DGYRJDGR TXH 9RVVD ([FHOrQFLD KRXYHU SRU EHP
DUELWUDUQRVWHUPRVGRDUWGR&yGLJRGH3URFHVVR&LYLO
,9±&LWDomR
5HTXHUVH TXH D FLWDomR GR UpX VHMD HIHWXDGD SHOR FRUUHLR QRV
WHUPRVGRVDUWV,HGR&yGLJRGH3URFHVVR&LYLOSDUD
UHVSRQGHU QR SUD]R GH  TXLQ]H GLDV DUW  GR &yGLJR GH
3URFHVVR &LYLO VRE SHQD GH VHUHP WLGRV SRU YHUGDGHLURV WRGRV RV
IDWRVDTXLDOHJDGRVDUWGR&yGLJRGH3URFHVVR&LYLOGHYHQGRR
UHVSHFWLYR PDQGDGR FRQWHU DV ILQDOLGDGHV GD FLWDomR DV UHVSHFWLYDV
GHWHUPLQDo}HV H FRPLQDo}HV EHP FRPR D FySLD GR GHVSDFKR GRD
00 -XL]D FRPXQLFDQGR DLQGD R SUD]R SDUD UHVSRVWD R MXt]R H R
FDUWyULRFRPRUHVSHFWLYRHQGHUHoR
2X
1RVWHUPRVGRDUW,,GR&yGLJRGH3URFHVVR&LYLOMXVWLILFDUR
PRWLYR SRVWR TXH D FLWDomR SRU 2ILFLDO GH -XVWLoD p VXEVLGLiULD
UHTXHUVH D FLWDomR GR UpX SRU LQWHUPpGLR GR 6U 2ILFLDO GH -XVWLoD


SDUDTXHUHQGRUHVSRQGHUQRSUD]RGHTXLQ]HGLDVDUWGR
&yGLJR GH 3URFHVVR &LYLO VRE SHQD GH VHUHP WLGRV SRU YHUGDGHLURV
WRGRV RV IDWRV DTXL DOHJDGRV DUW  GR &yGLJR GH 3URFHVVR &LYLO
GHYHQGR R UHVSHFWLYR PDQGDGR FRQWHU DV ILQDOLGDGHV GD FLWDomR DV
UHVSHFWLYDV GHWHUPLQDo}HV H FRPLQDo}HV EHP FRPR D FySLD GR
GHVSDFKR GRD 00 -XL]D FRPXQLFDQGR DLQGD R SUD]R SDUD
UHVSRVWDRMXt]RHRFDUWyULRFRPRUHVSHFWLYRHQGHUHoRIDFXOWDQGR
VH DR 6U 2ILFLDO GH -XVWLoD HQFDUUHJDGR GD GLOLJrQFLD SURFHGHU QRV
GLDVHKRUiULRVGHH[FHomR&3&DUW†ž
9±$XGLrQFLDGH&RQFLOLDomR
1RV WHUPRV GR DUW  † ž GR &yGLJR GH 3URFHVVR &LYLO RV
DXWRUHV GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
DTXHVWmRRVDXWRUHVGHVGHMiQRVWHUPRVGRDUWGR&yGLJRGH
3URFHVVR&LYLOPDQLIHVWDPLQWHUHVVHHPDXWRFRPSRVLomRDJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
9,±3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9,,±9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5DSULQFtSLRRYDORUGRFRQWUDWRPDV
pSRVVtYHODGPLWLUYDORUGHUHIHUrQFLD
7HUPRV HP TXH FXPSULGDV DV QHFHVViULDV IRUPDOLGDGHV OHJDLV
GHYH D SUHVHQWH VHU UHFHELGD FRQKHFLGD SURFHVVDGD H DFROKLGD
FRPRPHGLGDGHLQWHLUD-XVWLoD
'DWD


 $GYRJDGR2$%

3.16.AÇÃO DE NUNCIAÇÃO DE OBRA NOVA

([PRD6UD'UD-XL]DGH'LUHLWRGD

 SRU VHXV SURFXUDGRUHV GRFXPHQWR  FRP HVFULWyULR QD 
YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD SURSRU HP IDFH GH
DSUHVHQWH
$omRGHQXQFLDomRGHREUDQRYD
RTXHID]FRPVXSHGkQHRQRVDUWVHGR&yGLJR&LYLOH
QRVDUJXPHQWRVGHIDWRHGHGLUHLWRTXHSDVVDDDGX]LU
,±)DWRV
2DXWRUQXQFLDQWHpSURSULHWiULRHSRVVXLGRUGRLPyYHORQGHUHVLGH
SODQWDHFySLDDWXDOL]DGDGDPDWUtFXOD±GRFXPHQWR
2UpXpSURSULHWiULRGRSUpGLRHWHUUHQRYL]LQKRFRQWtJXRVVRERQž
 RQGH LQLFLD FRQVWUXomR GH XP EDUUDFmR IRWRV DQH[DV ±
GRFXPHQWR  TXH QmR VRPHQWH LQYDGH D iUHD GR WHUUHQR GR DXWRU
FRPR DLQGD GHLWD VREUH HOH R EHLUDO FXMDV JRWHLUDV LUmR SUHFLSLWDUVH
QHFHVVDULDPHQWHVREUHRWHUUHQRGRGHPDQGDQWH
$ FRQVWUXomR GR UpX IHUH DV SRVWXUDV PXQLFLSDLV YH] TXH QmR VH
WUDWDGHREUDDXWRUL]DGD
$OpP GLVVR HP IDFH GD DOWXUD GDV SDUHGHV R DXWRU ILFDUi
GHVSURYLGR GH YHQWLODomR H FODULGDGH H[SHULPHQWDQGR FRQVLGHUiYHO
SUHMXt]R PRUPHQWH TXH SRVVXL XP HVFULWyULR DR ODGR GD FRQVWUXomR
QRYDUHFHEHQGRFODULGDGHHYHQWLODomRSHODVMDQHODVGRGLWRODGR
,,±'LUHLWR
2 'LUHLWR DPSDUD R YL]LQKR FRQWUD RV SUHMXt]RV QR SUpGLR GH VXD
SURSULHGDGH VXDV VHUYLG}HV RX ILQV D TXH p GHVWLQDGR SURYHQLHQWH
GDREUDQRYDHPRXWURSUpGLRTXHSUHMXGLTXHRSUpGLR
2SURSULHWiULRSRGHHPEDUJDUDFRQVWUXomRGHLPyYHOTXHOKHFDXVH
SUHMXt]R&&DUW

³$UW2SURSULHWiULRSRGHOHYDQWDUHPVHXWHUUHQRDVFRQVWUXo}HV


 TXH OKH DSURXYHU VDOYR R GLUHLWR GRV YL]LQKRV H RV UHJXODPHQWRV
DGPLQLVWUDWLYRV´

,,,±3HGLGR
(PIDFHGRH[SRVWRQRVWHUPRVGRVDUWVHVHJXLQWHVHGR
&yGLJRGH3URFHVVR&LYLOHPUD]mRGDXUJrQFLDUHTXHUDFRQFHVVmR
GD WXWHOD DQWHFLSDGD VHP SUHMXt]R GDV SHUGDV H GDQRV &yGLJR GH
3URFHVVR&LYLODUWVHSDUDHPEDUJDUD
FRQVWUXomR RUGHQDQGR D VXD VXVSHQVmR OLPLQDU H DR ILQDO VHX
GHVID]LPHQWR VRE SHQD GH PXOWD GH 5  SHOD GHVREHGLrQFLD
GHWHUPLQDQGRDLQGDDLQWLPDomRGRFRQVWUXWRUHGRVRSHUiULRVTXH
VHHQFRQWUDUHPHPVHUYLoRQDREUDSRUPDQGDGRGRHPEDUJRSDUD
TXHQmRFRQWLQXHPRVWUDEDOKRVVRESHQDGHGHVREHGLrQFLD
5HTXHUDLQGDHPUD]mRGRVSUHMXt]RVH[SHULPHQWDGRVSHORDXWRUH
TXH VHUmR REMHWR GH SURYD QR FXUVR GD LQVWUXomR SRVWR TXH KRXYH
LPSHGLPHQWR GR XVR GR VHX LPyYHO D FRQGHQDomR GR UpX DOpP GR
GHVID]LPHQWRDFRQGHQDomRQRYDORUGHVGHMiHVWLPDGRHP5D
WtWXORGHSHUGDVHGDQRV
,9±&LWDomRGRUpXHLQWLPDomRGRFRQVWUXWRUHGRVRSHUiULRV
1RVWHUPRVGRDUW,,GR&yGLJRGH3URFHVVR&LYLOHHPUD]mR
GH DOpP GR DWR FLWDWyULR GR UpX D QHFHVVLGDGH GH LQWLPDomR GR
FRQVWUXWRU  H GRV RSHUiULRV TXH VH HQFRQWUDUHP QD REUD
OHPEUDQGRTXHHVWHVFRQVWUXWRUHRSHUiULRVVHUmRDSHQDVLQWLPDGRV
SDUD SDUDOLVDU RV WUDEDOKRV VRE SHQD GH GHVREHGLrQFLD H QmR VmR
UpXV TXH RV DWRV VHMDP SUDWLFDGRV SRU LQWHUPpGLR GR 6U 2ILFLDO GH
-XVWLoD GH WDO VRUWH TXH LQWLPDGRV R FRQVWUXWRU H RV RSHUiULRV
SDUDOLVHPRVWUDEDOKRVHFLWDGRRUpXTXHUHQGRUHVSRQGDQRSUD]R
GHGLDVDUWGR&yGLJRGH3URFHVVR&LYLOVRESHQDGHVHUHP
WLGRVSRUYHUGDGHLURVWRGRVRVIDWRVDTXLDOHJDGRVDUWGR&yGLJR
GH 3URFHVVR &LYLO GHYHQGR R UHVSHFWLYR PDQGDGR FRQWHU DV
ILQDOLGDGHV GD FLWDomR DV UHVSHFWLYDV GHWHUPLQDo}HV H FRPLQDo}HV
EHP FRPR D FySLD GR GHVSDFKR GRD 00 -XL]D FRPXQLFDQGR
DLQGD R SUD]R SDUD UHVSRVWD R MXt]R H R FDUWyULR FRP R UHVSHFWLYR
HQGHUHoR IDFXOWDQGRVH DR 6U 2ILFLDO GH -XVWLoD HQFDUUHJDGR GD
GLOLJrQFLDSURFHGHUQRVGLDVHKRUiULRVGHH[FHomR&3&DUW†


ž
9±$XGLrQFLDGH&RQFLOLDomR
1RV WHUPRV GR DUW  † ž GR &yGLJR GH 3URFHVVR &LYLO R DXWRU
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR R DXWRU GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
9,±3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
'iVHjSUHVHQWHSDUDHIHLWRVILVFDLVRYDORUGH5
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGR2$%63


BBBBBBBBB

&'& /HL  $UW ž &RQVXPLGRU p WRGD SHVVRD ItVLFD RX MXUtGLFD TXH
DGTXLUHRXXWLOL]DSURGXWRRXVHUYLoRFRPRGHVWLQDWiULRILQDO

&'&/HL$UW1DDomRGHUHVSRQVDELOLGDGHFLYLOGRIRUQHFHGRUGH
SURGXWRVHVHUYLoRVVHPSUHMXt]RGRGLVSRVWRQRV&DStWXORV,H,,GHVWHWtWXORVHUmR
REVHUYDGDVDVVHJXLQWHVQRUPDV
,±DDomRSRGHVHUSURSRVWDQRGRPLFtOLRGRDXWRU

/HL$UW([WLQJXHVHRSURFHVVRDOpPGRVFDVRVSUHYLVWRVHPOHL
,,,±TXDQGRIRUUHFRQKHFLGDDLQFRPSHWrQFLDWHUULWRULDO

&3&$572MXL]QmRUHVROYHUiRPpULWRTXDQGR
9,±YHULILFDUDDXVrQFLDGHOHJLWLPLGDGHRXGHLQWHUHVVHSURFHVVXDO

³3HGLGRGHXQLIRUPL]DomR±&RQWUDWRLPRELOLiULR±&RPLVVmRGHFRUUHWDJHPGHYLGDSHOR
FRPSUDGRUDXVHQWHDEXVLYLGDGHQRFRQWUDWR±5HFXUVRQmRSURYLGR´&ROpJLR5HFXUVDO
&HQWUDO GD &RPDUFD GH 6mR 3DXOR63 ±  ± 3HGLGR GH
8QLIRUPL]DomR GH ,QWHUSUHWDomR GH /HL  5HSHWLomR GH LQGpELWR ± 5HODWRUD )HUQmR
%RUED )UDQFR ± &RPDUFD 6mR &DUORV ± 'DWD GR MXOJDPHQWR  ± 'DWD GH
UHJLVWUR

7UDWDQGRGRPHVPRDVVXQWR
³5HVFLVmR GH FRPSURPLVVR GH FRPSUD H YHQGD GH LPyYHO 'HYROXomR GDV SDUFHODV
SDJDV6HQWHQoDGHSURFHGrQFLDSDUDGHWHUPLQDUDUHVFLVmRGRFRPSURPLVVRGHFRPSUD
H YHQGD H FRQGHQDU DV 5HTXHULGDV VROLGDULDPHQWH j GHYROXomR GH  GRV YDORUHV
SDJRVSHORV$XWRUHV5HTXHULGDV6&+H7ULVXOQmRUHFROKHUDPRVYDORUHVGRSUHSDUR
H GR SRUWH GH UHPHVVD H UHWRUQR R TXH UHVXOWD QD GHVHUomR GR UHFXUVR 5HTXHULGD
$E\DUD QmR FHOHEURX R FRPSURPLVVR GH FRPSUD H YHQGD 3DUWLFLSDomR OLPLWDGD j
LQWHUPHGLDomR LPRELOLiULD H FRUUHWDJHP 'HYLGD D FRPLVVmR SRUTXH R QHJyFLR IRL
FRQFOXtGR5HFXUVRGDVUHTXHULGDV6&+H7ULVXOQmRFRQKHFLGRHUHFXUVRGDUHTXHULGD
$E\DUDSURYLGRSDUDDIDVWDUTXDQWRDHODDFRQGHQDomRjUHVWLWXLomRGHYDORUHVSDJRV
SHORV DXWRUHV H FRQGHQDU RV DXWRUHV DR SDJDPHQWR GDV GHVSHVDV SURFHVVXDLV GD
UHTXHULGD $E\DUD H GRV KRQRUiULRV DGYRFDWtFLRV GRV SDWURQRV GD UHTXHULGD $E\DUD
IL[DGRV HP 5  FRP FRUUHomR PRQHWiULD H MXURV PRUDWyULRV GH  DR PrV
DPERV FRQWDGRV GHVGH KRMH FRP H[HFXomR VRPHQWH VH FRPSURYDGR TXH RV DXWRUHV
SHUGHUDP D FRQGLomR GH EHQHILFLiULRV GD JUDWXLGDGH SURFHVVXDO´ 7-63 ± 
 ± $SHODomR ± 5HODWRU )ODYLR $EUDPRYLFL ± &RPDUFD 6DQWRV ±
ÏUJmRMXOJDGRU&kPDUDGH'LUHLWR3ULYDGR±'DWDGRMXOJDPHQWR±'DWD
GHUHJLVWUR±2XWURVQ~PHURV

2XRYDORUGHFRUUHQWHGHSHGLGRHVWLPDWyULRDomRTXDQWLPLQRULVHPGHFRUUrQFLDGR
DEDWLPHQWRSURSRUFLRQDOQRSUHoR

6XSHULRU 7ULEXQDO GH -XVWLoD ³3URFHVVXDO FLYLO ± GDQRV PRUDLV ± DUELWUDPHQWR GR
TXDQWXPGHEHDWXUSHORPDJLVWUDGR±LQWHOLJrQFLDGRDUW,D,,,GR&3&>DWXDODUW


 †ž,D,,,@,±2GLUHLWRSUHWRULDQRDFROKHHQWHQGLPHQWRQRVHQWLGRGHTXHRGDQR
PRUDOQmRKDYHQGRRXWURFULWpULRGHDYDOLDomRGHYHILFDUDRSUXGHQWHFULWpULRGRMXL]VXD
TXDQWLILFDomR ,,, ± UHFXUVR FRQKHFLGR H SURYLGR´ 5HFXUVR (VSHFLDO Qž 5-
 ± GHFLVmR SRU XQDQLPLGDGH FRQKHFHU GR UHFXUVR HVSHFLDO H OKH GDU
SURYLPHQWR±±7XUPD±5HODWRU0LQLVWUR:DOGHPDU=YHLWHU,QGH[DomR
FDELPHQWR SHGLGR JHQpULFR GDQR PRUDO KLSyWHVH LQFOXVmR QRPH DXWRU 63&
SRVWHULRULGDGH TXLWDomR GpELWR SRVVLELOLGDGH PDJLVWUDGR DUELWUDPHQWR YDORU
GHFRUUrQFLD SULQFtSLR GR OLYUH FRQYHQFLPHQWR '- GH  S  9HMD 67-
5(VS Qž 5- 'RXWULQD 3RQWHV GH 0LUDQGD &RPHQWiULRV DR &yGLJR GH
3URFHVVR &LYLO 5LR GH -DQHLUR )RUHQVH  YRO  S  9LFHQWH *UHFR )LOKR
'LUHLWR SURFHVVXDO FLYLO EUDVLOHLUR  YRO  S  +XPEHUWR 7KHRGRUR -~QLRU
'DQR 0RUDO 6mR 3DXOR -XDUH] GH 2OLYHLUD  S  HQVLQD TXH DV GXDV
SRVLo}HV VRFLDLV H HFRQ{PLFDV GD YtWLPD H GR RIHQVRU REULJDWRULDPHQWH HVWDUmR VRE
DQiOLVH GH PDQHLUD TXH R MXL] QmR VH OLPLWDUi D IXQGDU D FRQGHQDomR LVRODGDPHQWH QD
IRUWXQDHYHQWXDOGHXPRXQDSRVVtYHOSREUH]DGRRXWUR
$VVLPQXQFDSRGHUiRMXL]DUELWUDUDLQGHQL]DomRGRGDQRPRUDOWRPDQGRFRPREDVHWmR
VRPHQWHRSDWULP{QLRGRGHYHGRU6HQGRDGRUPRUDOLQVXVFHWtYHOGHXPDHTXLYDOrQFLD
FRPTXDOTXHUSDGUmRILQDQFHLURKiXPDXQLYHUVDOUHFRPHQGDomRQRVHQVLQDPHQWRVGRV
GRXWRVHQRVDUHVWRVGRVWULEXQDLVQRVHQWLGRGHTXH³RPRQWDQWHGDLQGHQL]DomRVHUi
IL[DGRHTXLWDWLYDPHQWHSHOR7ULEXQDO´&yGLJR&LYLO3RUWXJXrVDUWLQF3RULVVR
OHPEUD 5 /LPRQJL )UDQoD D DGYHUWrQFLD VHJXQGR D TXDO ³PXLWR LPSRUWDQWH p R MXL] QD
PDWpULD SRLV D HTXLOLEUDGD IL[DomR GR TXDQWXP GD LQGHQL]DomR PXLWR GHSHQGH GH VXD
SRQGHUDomRHFULWpULR´5HSDUDomRGR'DQR0RUDO57
$RILQDODGX]TXHRDUELWUDPHQWRSHORPDJLVWUDGRGHYHUHVSHLWDU³DRQtYHOHFRQ{PLFR
GRRIHQGLGRHERSRUWHHFRQ{PLFRGRRIHQVRU´

3ULPHLUR7ULEXQDOGH$OoDGD&LYLOGH6mR3DXOR³3HWLomRLQLFLDO±UHVSRQVDELOLGDGH
FLYLO±GDQRVPRUDLV±GHWHUPLQDomRGRVHXDGLWDPHQWRSDUDFRUUHomRGRYDORUGDFDXVD
FRPGLVFULPLQDomRGR³TXDQWXP´LQGHQL]DWyULR±GHVFDELPHQWRSRUWUDWDUVHGHSHGLGR
JHQpULFR±DUW,,GR&3&>DWXDODUW†ž,,@±UHFXUVRSURYLGR´3URFHVVRQž
 ± $JUDYR GH ,QVWUXPHQWR ±  &kPDUD ±  ± UHODWRU 2VFDUOLQR
0RHOOHU±GHFLVmRXQkQLPH
2 YDORU GD FDXVD QDV Do}HV GH UHSDUDomR SRU GDQR PRUDO HQWUHWDQWR QmR UHVSHLWD RV
FULWpULRVGRDUWGR&yGLJRGH3URFHVVR&LYLO>DWXDODUW@PDVRGLVSRVWRQRDUW
>DWXDODUW@GRPHVPRHVWDWXWR67-5(VSQž5-1HVVHFDVRRDXWRU
HVWLPD R YDORU H Vy GHSRLV R FRPSOHWD HP H[HFXomR TXDQGR DSXUDGR VH IRU PDLRU
67-5(VSQž637-63$JUDYRGH,QVWUXPHQWRQž

+HO\/RSHV0HLUHOOHV'LUHLWRGH&RQVWUXLUHG6mR3DXOR0DOKHLURVS

*DHWDQR6FLDVFLD6LQRSVHGHGLUHLWRURPDQRHG6mR3DXOR6DUDLYD

/XL]$QW{QLR6FDYRQH-XQLRU2EULJDo}HVDERUGDJHPGLGiWLFDHGDWXDOHDXP6mR
3DXOR-XDUH]GH2OLYHLUDS


 .DUO/DUHQ]/HKUEXFKGHVVFKXOGUHFKWVHG0QFKHQ%HFNSQ
Y,,

(QQHFHUXVH/HKPDQQ'HUHFKRGHREOLJDFLRQHV%DUFHORQD†Y

5REHUWR6HQLVH/LVERD5HODomR GH FRQVXPR H SURWHomR MXUtGLFD GR FRQVXPLGRU QR
GLUHLWREUDVLOHLUR6mR3DXOR-XDUH]GH2OLYHLUDS

$QWRQLR +HUPDQ GH 9DVFRQFHOORV H %HQMDPLQ &yGLJR EUDVLOHLUR GH GHIHVD GR
FRQVXPLGRU FRPHQWDGR SHORV DXWRUHV GR DQWHSURMHWR 5LR GH -DQHLUR )RUHQVH
8QLYHUVLWiULDS

$QWRQLR+HUPDQGH9DVFRQFHOORVH%HQMDPLQREFLWS

*DEULHO$6LJOLW]3URWHFFLyQMXUtGLFDGHOFRQVXPLGRU%XHQR$LUHV'HSDOPDS


$QWRQLR+HUPDQGH9DVFRQFHOORVH%HQMDPLQREFLWS

$VSHFWRV SROrPLFRV H SUiWLFRV GD QRYD UHIRUPD SURFHVVXDO FLYLO 5LR GH -DQHLUR
)RUHQVHS

&RPHQWiULRVDR&yGLJRGH'HIHVDGR&RQVXPLGRU6mR3DXOR6DUDLYDS

1HVVHVHQWLGR
7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³1R TXH WDQJH DR UHVVDUFLPHQWR GR YDORU
GHVSHQGLGR D WtWXOR GH FRQWUDWR GH KRQRUiULRV GH DGYRJDGR FI IOV  HPERUD
GHFRUUHQWHV GH DYHQoD HVWULWDPHQWH SDUWLFXODU GHYHP VHU UHVVDUFLGRV SHOD SDUWH
VXFXPEHQWHPHVPRTXHHVWDQmRWHQKDSDUWLFLSDGRGRDMXVWH,VWRSRUTXHRVKRQRUiULRV
FRQWUDWDGRV WDPEpP FRQKHFLGRV FRPR KRQRUiULRV FRQYHQFLRQDLV LQWHJUDP R YDORU
GHYLGRDWtWXORGHSHUGDVHGDQRVQRVWHUPRVGRTXDQWRFRQWLGRQRVDUWLJRVH
GR&yGLJR&LYLO´$SHODomR6DQWRV9RWRQž
MHP
1R67-
³'LUHLWR FLYLO H SURFHVVXDO FLYLO 3UHTXHVWLRQDPHQWR $XVrQFLD  +RQRUiULRV
FRQYHQFLRQDLV3HUGDVHGDQRV3ULQFtSLRGDUHVWLWXLomRLQWHJUDO$SOLFDomRVXEVLGLiULDGR
&yGLJR&LYLO

2VKRQRUiULRVFRQYHQFLRQDLVLQWHJUDPRYDORUGHYLGRDWtWXORGHSHUGDVHGDQRVQRV
WHUPRVGRVDUWVHGR&&
´5(VS0*UHO0LQ1DQF\$QGULJKL7XUPDMHP'-H

1HVVHMXOJDGRFRQVLJQRXDFXOWD0LQLVWUD5HODWRUD
$GHPDLV R &yGLJR &LYLO GH  GHWHUPLQD GH IRUPD H[SUHVVD TXH RV KRQRUiULRV
DGYRFDWtFLRVLQWHJUDPRVYDORUHVGHYLGRVDWtWXORGHUHSDUDomRSRUSHUGDVHGDQRV
2VDUWVHGR&&HVWDEHOHFHPUHVSHFWLYDPHQWH
$UW  1mR FXPSULGD D REULJDomR UHVSRQGH R GHYHGRU SRU SHUGDV H GDQRV PDLV


MXURV H DWXDOL]DomR PRQHWiULD VHJXQGR tQGLFHV RILFLDLV UHJXODUPHQWH HVWDEHOHFLGRV H
KRQRUiULRVGHDGYRJDGR
$UW  5HVSRQGH R GHYHGRU SHORV SUHMXt]RV D TXH VXD PRUD GHU FDXVD PDLV MXURV
DWXDOL]DomRGRVYDORUHVPRQHWiULRVVHJXQGRtQGLFHVRILFLDLVUHJXODUPHQWHHVWDEHOHFLGRVH
KRQRUiULRVGHDGYRJDGR
$UW  $V SHUGDV H GDQRV QDV REULJDo}HV GH SDJDPHQWR HP GLQKHLUR VHUmR SDJDV
FRP DWXDOL]DomR PRQHWiULD VHJXQGR tQGLFHV RILFLDLV UHJXODUPHQWH HVWDEHOHFLGRV
DEUDQJHQGRMXURVFXVWDVHKRQRUiULRVGHDGYRJDGRVHPSUHMXt]RGDSHQDFRQYHQFLRQDO
2VKRQRUiULRVPHQFLRQDGRVQRVUHIHULGRVDUWLJRVVmRRVKRQRUiULRVH[WUDMXGLFLDLVSRLVRV
VXFXPEHQFLDLV UHODFLRQDPVH FRP R SURFHVVR H FRQVWLWXHP FUpGLWR DXW{QRPR GR
DGYRJDGR$VVLPFRPRRVKRQRUiULRVFRQWUDWXDLVVmRUHWLUDGRVGRSDWULP{QLRGROHVDGR
SDUD TXH KDMD UHSDUDomR LQWHJUDO GR GDQR VRIULGR R SDJDPHQWR GRV KRQRUiULRV
DGYRFDWtFLRVSUHYLVWRQD/HL&LYLOVySRGHVHURGRVFRQWUDWXDLV
1HVVH WRFDQWH p HOXFLGDWLYD D GRXWULQD GH /XL] $QWRQLR 6FDYRQH -~QLRU 'R
GHVFXPSULPHQWR GDV REULJDo}HV FRQVHTXrQFLDV j OX] GR SULQFtSLR GD UHVWLWXLomR
LQWHJUDO6mR3DXOR-GH2OLYHLUDS
³6HQGRDVVLPRVKRQRUiULRVPHQFLRQDGRVSHORVDUWVHGR&yGLJR&LYLO
UHVVDUFLWyULRVHYLGHQWHPHQWHQmRVmRDTXHOHVGHFRUUHQWHVGR(VWDWXWRGD$GYRFDFLDRX
VHMDRVKRQRUiULRVGHVXFXPErQFLDGHRXWURODGRVmRSDJRVGLUHWDPHQWHSHORFUHGRUDR
DGYRJDGR H FRQVWLWXHP HP SUHMXt]R GDQR HPHUJHQWH GHFRUUHQWH GD PRUD H GR
LQDGLPSOHPHQWR

$VVLP RV KRQRUiULRV DWULEXtGRV D WtWXOR GH VXFXPErQFLD QmR VH FRQIXQGHP FRPR RV
KRQRUiULRVUHVVDUFLWyULRVFRQYHQFLRQDLVRXDUELWUDGRV
2V KRQRUiULRV UHVVDUFLWyULRV FRQYHQFLRQDLV RX DUELWUDGRV UHSUHVHQWDP GLVSrQGLR GR
FUHGRUHSRUHVVDUD]mRSHUGDVHGDQRVGHFRUUHQWHVGRLQDGLPSOHPHQWRGDVREULJDo}HV
QRWDGDPHQWH HP UD]mR GD QHFHVVLGDGH GH FRQWUDWDomR GH DGYRJDGR SDUD HIHWLYDU R
GLUHLWRGHUHFHEHURREMHWRGDSUHVWDomRGDUHODomRMXUtGLFDREULJDFLRQDO
5RPSHVH HP UD]mR GR RUGHQDPHQWR MXUtGLFR R HQWHQGLPHQWR FRUUHQWH SRUpP
HTXLYRFDGRTXHGHFRUULDGRGLUHLWRDQWHULRUVHJXQGRRTXDODSHQDVKDYHULDOXJDUSDUDD
FRQGHQDomRGRGHYHGRUQRVKRQRUiULRVGHVXFXPErQFLD
1mRpFUtYHODQWHRSULQFtSLRGDUHVWLWXLomRLQWHJUDOTXHRVKRQRUiULRVSDJRVSHORFUHGRU
VHMDP SRU HOH VXSRUWDGRV VHP TXDOTXHU UHVVDUFLPHQWR SHOR GHYHGRU TXH D HOHV GHX
FDXVD
$QWRQLRGH3iGXD6RXEKLH1RJXHLUDSUHOHFLRQD+RQRUiULRVDGYRFDWtFLRVH[WUDMXGLFLDLV
EUHYHDQiOLVHHKDUPRQL]DomRGRVDUWLJRVHGRQRYR&yGLJRFLYLOHGR
DUWLJR  GR &yGLJR GH SURFHVVR FLYLO 5HYLVWD)RUHQVH Y  Q  S 
PDUDEUS
3HOD VLVWHPiWLFD GR GLUHLWR PDWHULDO TXH JDUDQWH D DPSOD LQGHQL]DomR DPSDUDGD QR


 FRQKHFLGRSULQFtSLRGDUHVWLWXWLRLQLQWHJUXPPRVWUDVHEDVWDQWHUD]RiYHODLQWHUSUHWDomR
QR VHQWLGR GH TXH RV GLVSRVLWLYRV GR &yGLJR &LYLO YLVDP UHDOPHQWH GLVFLSOLQDU D
LQGHQL]DomR GRV KRQRUiULRV DGYRFDWtFLRV H[WUDMXGLFLDLV 2 GLUHLWR PDWHULDO SRUWDQWR YDL
DOpPGDVUHJUDVGHGLUHLWRSURFHVVXDOSHUPLWLQGRDUHFRPSRVLomRGHWXGRDTXLORTXHD
SDUWH GHVSHQGHX SDUD ID]HU YDOHU VHXV LQWHUHVVHV HP MXt]R RX IRUD GHOH LQFOXVLYH DV
YHUEDVFRQWUDWXDLVFRPSURPHWLGDVDRVDGYRJDGRVTXHDWXDPHPVXDUHSUHVHQWDomR

&RPHIHLWRQDUHDOLGDGHIRUHQVHRVKRQRUiULRVVXFXPEHQFLDLVVmRDSHQDVXPDSDUFHOD
FDGD YH] PDLV LPSRUWDQWH GH WRGR UHPXQHUDWyULR IL[DGR SHORV VHUYLoRV MXUtGLFRV
SUHVWDGRVSHORDGYRJDGRµ3UHVVXSRQGRVHTXHSULQFLSLRORJLFDPHQWHDUHSDUDomRFLYLO
GHYHVHULQWHJUDOHQmRSDUFLDOSDUDTXHRFOLHQWHYtWLPDGRDWRLOtFLWRVHMDHIHWLYDPHQWH
UHVVDUFLGR GH ULJRU TXH QD FRQWD LQGHQL]DWyULD VHMD FRPSXWDGD LJXDOPHQWH D FKDPDGD
YHUEDH[WUDMXGLFLDOQDKLSyWHVHGHVXDFRQWUDWDomR¶´

³$UW3DUDDVDo}HVIXQGDGDVHPGLUHLWRUHDOVREUHLPyYHLVpFRPSHWHQWHRIRURGH
VLWXDomRGDFRLVD
†ž2DXWRUSRGHRSWDUSHORIRURGHGRPLFtOLRGRUpXRXSHORIRURGHHOHLomRVHROLWtJLR
QmRUHFDLUVREUHGLUHLWRGHSURSULHGDGHYL]LQKDQoDVHUYLGmRGLYLVmRHGHPDUFDomRGH
WHUUDVHGHQXQFLDomRGHREUDQRYD´


 4.1. TUTELA PROVISÓRIA ANTECIPADA REQUERIDA EM CARÁTER
ANTECEDENTE

([PR6U'U-XL]GH'LUHLWRGD
 SRU VHXV SURFXUDGRUHV GRFXPHQWR  YHP UHVSHLWRVDPHQWH
SHUDQWH9RVVD([FHOrQFLDUHTXHUHUHPIDFHGHDSUHVHQWH
7XWHODSURYLVyULDDQWHFLSDGDHPFDUiWHUDQWHFHGHQWH
R TXH ID] FRP VXSHGkQHR QRV DUWV  H  GR &yGLJR GH
3URFHVVR &LYLO H QRV DUJXPHQWRV GH IDWR H GH GLUHLWR D VHJXLU
DGX]LGRV
([SRVLomRGDOLGHHGRGLUHLWR
2 UHTXHUHQWH ILUPRX FRP R UHTXHULGR FRPSURPLVVR GH FRPSUD H
YHQGD GH LPyYHO PHGLDQWH SDJDPHQWR GH VLQDO GH  GR YDORU GR
QHJyFLR H R VDOGR GLYLGLGR HP  SDUFHODV PHQVDLV H FRQVHFXWLYDV
QRVWHUPRVGRFRQWUDWRDQH[RGRFXPHQWR
$SRVVHIRLHQWUHJXHQRVWHUPRVGRSDFWRQDGDWDGDDVVLQDWXUDGR
FRQWUDWRHSDJDPHQWRGRVLQDO
2FRUUH TXH QDGD REVWDQWH DV LQVLVWHQWHV WHQWDWLYDV GH UHFHEHU R
TXH OKH p GHYLGR FHUWR p TXH GHPRQVWUDQGR DEVROXWR GHVGpP SHOR
TXH SDFWXRX R UHTXHULGR VH LQVWDORX QR LPyYHO H QDGD PDLV SDJRX
GHL[DQGRGHKRQUDUDVSDUFHODVGRSUHoRGHVGHDSULPHLUDSUHVWDomR
6H LVWR QmR EDVWDVVH GHL[RX GH KRQUDU FRP R SDJDPHQWR GRV
LPSRVWRVTXHUHFDHPVREUHRLPyYHOHSLRUGHXLQtFLRDGHPROLomRGH
SDUWHGDFRQVWUXomR
,QVWDREVHUYDUTXHRUHTXHULGRMiIRLQRWLILFDGRSDUDSXUJDUDPRUD
QRV WHUPRV GR TXH GHWHUPLQD R R 'HFUHWROHL  VHP TXH
WLYHVVHDWHQGLGRjLQWHUSHODomRGRFXPHQWR
3RVWDDVVLPDTXHVWmRDPRUDpLQFRQWURYHUVD


 5LVFRGHGDQRLUUHSDUiYHOSHULFXOXPLQPRUD
3HODVIRWRVDQH[DVGRFXPHQWRDVDOWHUDo}HVQRLPyYHOjUHYHOLD
GR FRQWUDWR FOiXVXOD  EHP FRPR D RQHUDomR WULEXWiULD TXH
FHUWDPHQWH UHFDLUi VREUH RV RPEURV GR UHTXHUHQWH VmR PRWLYRV
VXILFLHQWHVSDUDMXVWLILFDUDDQWHFLSDomRRUDUHTXHULGD
3HGLGR
3RVWDDVVLPDTXHVWmRUHTXHU
D $ FRQFHVVmR GD WXWHOD SURYLVyULD GH XUJrQFLD HP FDUiWHU
DQWHFHGHQWH SDUD GHWHUPLQDU QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR&LYLODUHLQWHJUDomRLPHGLDWDGDSRVVHGRLPyYHOSURPHWLGR
GLVSHQVDQGRVHDSUHVWDomRGHFDXomR
E$LQWLPDomRSHVVRDOGRUpXVREUHDFRQFHVVmRGDSUHVHQWHWXWHOD
SURYLVyULD GH XUJrQFLD SDUD TXHUHQGR UHFRUUHU VRE SHQD GH VXD
HVWDELOL]DomRRTXHGHVGHMiVHUHTXHUQRVWHUPRVGRDUWFFDUW
†žGR&yGLJRGH3URFHVVR&LYLO
F &RP D FRQFHVVmR GD WXWHOD SOHLWHDGD KDYHQGR UHFXUVR GR UpX
UHTXHUVH R SUD]R GH  TXLQ]H GLDV RX RXWUR PDLRU TXH 9RVVD
([FHOrQFLDGHWHUPLQDUSDUDDGLWDUDSUHVHQWHLQLFLDO
G&RPRDGLWDPHQWRGDSUHVHQWHLQLFLDOQRVWHUPRVGRLQFLVR,GR†
ž GR DUW  GR &yGLJR GH 3URFHVVR &LYLO R DXWRU UHTXHUHUi D
FLWDomRGRUpXSDUDUHVSRQGHUDRSHGLGRGHILQLWLYR
1RVWHUPRVGRDUW†žGiVHiFDXVDRYDORUGH5YDORU
FRUUHVSRQGHQWHDRGpELWRGRUHTXHULGR&3&DUW,,GR&3&
7HUPRVHPTXH
SGHIHULPHQWR
'DWD
$GYRJDGR2$%

4.2. TUTELA PROVISÓRIA DE URGÊNCIA CAUTELAR REQUERIDA EM

CARÁTER ANTECEDENTE

([PR6U'U-XL]GH'LUHLWRGD
8UJHQWH±FRPSHGLGRGHWXWHODDQWHFLSDGDFDXWHODUGHXUJrQFLD


  YrP UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD SRU VHXV
SURFXUDGRUHVGRFXPHQWRDIRUDUHPIDFHGRDFRPSHWHQWH
$omR FDXWHODU DQWHFHGHQWH FRP SHGLGR GH WXWHOD FDXWHODU GH
XUJrQFLD
3DUD VXVWDomR GH H[HFXomR H[WUDMXGLFLDO R TXH ID]HP FRP
VXSHGkQHR QRV DUWV   H  GR &yGLJR GH 3URFHVVR &LYLO
H[SRQGRHUHTXHUHQGRRTXDQWRVHJXH
,±)DWRV
2VDXWRUHVPHGLDQWHLQVWUXPHQWRSDUWLFXODUGHYHQGDHFRPSUDGH
EHPLPyYHOILQDQFLDPHQWRFRPJDUDQWLDKLSRWHFiULDHRXWUDVDYHQoDV
GRFXPHQWR  ILUPDGR FRP R UpX HP  DGTXLULUDP LPyYHO VLWXDGR
QDILQDQFLDQGRRYDORUGH5
(QWUHWDQWR HP YLUWXGH GH GLYHUVDV LOHJDOLGDGHV FRQWUDWXDLV HVWi
VHQGR FREUDGD GtYLGD FXMRV YDORUHV VmR PDQLIHVWDPHQWH LQFRUUHWRV
PRUPHQWH DQWH RV MXURV VREUH MXURV DQDWRFLVPR SHOD DSOLFDomR GD
WDEHODSULFHDOpPGHFRUUHo}HVDEXVLYDV
1RWH 9RVVD ([FHOrQFLD TXH GHVGH D DVVLQDWXUD GR FRQWUDWR DWp R
PrVGHRVDXWRUHVFXPSULUDPVXDVREULJDo}HVSDUFHODVFDGD
XPD DVFHQGHQGR KRMH R YDORU DSUR[LPDGR GH 5  3RUWDQWR Mi
SDJDUDPYDORUVXSHULRUDRPRQWDQWHREMHWRGRFRQWUDWR5
2XWURVVLP SUDWLFDQGR HYLGHQWH YLROrQFLD D GLYHUVRV SUHFHLWRV
FRQVWLWXFLRQDLV R UpX VHP SHUPLWLU TXDOTXHU SRVVLELOLGDGH GH
GLVFXVVmRGDVLOHJDOLGDGHVSHUSHWUDGDVTXHHOHYDUDPLUUHJXODUPHQWH
R YDORU GHYLGR LQLFLRX SURFHGLPHQWR SDUD DOLHQDomR GR LPyYHO GRV
DXWRUHV PHGLDQWH H[HFXomR H[WUDMXGLFLDO GR 'HFUHWROHL 
DPHDoDQGRYHQGHUH[WUDMXGLFLDOPHQWHRLPyYHODWUDYpVGRVHXDJHQWH
ILGXFLiULR  ± &RPSDQKLD +LSRWHFiULD GRFXPHQWR  TXH DJH SRU
RUGHPGREDQFRUpXQRVWHUPRVGRDUWGR'HFUHWR/HL
,,±'LUHLWRDPHDoDGR±IXPXVERQLLXULV
7DEHODSULFH±DQDWRFLVPR
1R ³TXDGUR UHVXPR´ GR FRQWUDWR REMHWR GD SUHVHQWH DomR
GRFXPHQWRHQFRQWUDVHHVWLSXODGDDDPRUWL]DomRSHORVLVWHPDGD
WDEHODSULFH


 $WDEHODSULFH±FRPRpFRQKHFLGRRVLVWHPDIUDQFrVGHDPRUWL]DomR
± SRGH VHU GHILQLGD FRPR R PpWRGR HP TXH D SDUWLU GR FRQFHLWR GH
MXURV FRPSRVWRV RX FDSLWDOL]DGRV MXURV VREUH MXURV HODERUDVH XP
SODQR GH DPRUWL]DomR HP SDUFHODV SHULyGLFDV LJXDLV H VXFHVVLYDV
FRQVLGHUDGRRWHUPRYHQFLGR
1HVVHFDVRDVSDUFHODVVmRFRPSRVWDVGHXPYDORUUHIHUHQWHDRV
MXURVFDOFXODGRVREUHRVDOGRGHYHGRUDPRUWL]DGRHRXWURUHIHUHQWHj
SUySULDDPRUWL]DomR
7UDWDVHGHMXURVFDSLWDOL]DGRVGHIRUPDFRPSRVWDQDH[DWDPHGLGD
HPTXHVREUHRVDOGRDPRUWL]DGRpFDOFXODGRRQRYRVDOGRFRPEDVH
QRV MXURV VREUH DTXHOH DSOLFDGRV H VREUH HVWH QRYR VDOGR
DPRUWL]DGRPDLVXPDYH]RVMXURVHDVVLPSRUGLDQWH
&LWDQGRRSUHFODURSURIHVVRU0iULR*HUDOGR3HUHLUDHPGLVVHUWDomR
GHGRXWRUDPHQWRHQVLQD-RVp'XWUD9LHLUD6REULQKR

³ D GHQRPLQDomR 7DEHOD 3ULFH VH GHYH DR PDWHPiWLFR ILOyVRIR H

WHyORJRLQJOrV5LFKDUG3ULFHTXHYLYHXQRVpFXOR;9,,,HTXHLQFRUSRURX
D WHRULD GRV MXURV FRPSRVWRV jV DPRUWL]Do}HV GH HPSUpVWLPRV RX
ILQDQFLDPHQWRV $ GHQRPLQDomR ³6LVWHPD )UDQFrV´ GH DFRUGR FRP R
DXWRU FLWDGR GHYHVH DR IDWR GH R PHVPR WHUVH HIHWLYDPHQWH
GHVHQYROYLGR QD )UDQoD QR 6pFXOR ;,; (VVH VLVWHPD FRQVLVWH HP XP
SODQRGHDPRUWL]DomRGHXPDGtYLGDHPSUHVWDo}HVSHULyGLFDVLJXDLVH
VXFHVVLYDV GHQWUR GR FRQFHLWR GH WHUPRV YHQFLGRV HP TXH R YDORU GH
FDGDSUHVWDomRRXSDJDPHQWRpFRPSRVWRSRUGXDVSDUFHODVGLVWLQWDV
XPDGHMXURVHXPDGHFDSLWDOFKDPDGDDPRUWL]DomR´

$WDEHODSULFHpRVLVWHPDGHDPRUWL]DomREDVHDGRQDFDSLWDOL]DomR
FRPSRVWDGHMXURV(QVLQD:DOWHUGH)UDQFLVFR

³7DEHODSULFHpDFDSLWDOL]DomRGRVMXURVFRPSRVWRV³

1RFDVRGHWDEHODSULFHSRUGHILQLomRRVMXURVVmRFDSLWDOL]DGRVGH
IRUPDFRPSRVWDMXURVVREUHMXURV
1R FDVR YHUWHQWH Ki SRUWDQWR VLVWHPD GH DPRUWL]DomR IUDQFrV H
MXURV TXDQWR j FDSLWDOL]DomR FODVVLILFDGRV FRPR FRPSRVWRV MXURV
VREUHMXURV
2V MXURV DSOLFDGRV DRV FRQWUDWRV QmR SRGHP HPEXWLU FDSLWDOL]DomR


FRPSRVWDWDEHODSULFHFRQIRUPHRDUWžGR'HFUHWR±
/HLGD8VXUD6~PXODGR67)HUHPDQVRVDMXULVSUXGrQFLD
5HOHYDQWHSDUDFRPSUHHQVmRGRFDVRYHUWHQWHRMXOJDGR

7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³)LQDQFLDPHQWR LPRELOLiULR ± 7DEHOD

3ULFH ± ([FOXVmR ± 6LVWHPD GH DPRUWL]DomR TXH LQFRUSRUD MXURV
FRPSRVWRVMXURVVREUHMXURVMXURVFDSLWDOL]DGRVGHIRUPDFRPSRVWDRX
MXURVH[SRQHQFLDLV±([LVWrQFLDGHFRQWURYpUVLDHPWRUQRGHHOHPHQWRV
OLJDGRVjPDWHPiWLFDILQDQFHLUDHDRSUySULRGLUHLWR±)DWRTXHVRPHQWH
UHIRUoDDLQFHUWH]DDIDOWDGHWUDQVSDUrQFLDHDDPELJXLGDGHQRXVRGD
7DEHOD 3ULFH ± 6LVWHPD TXH p LQDFHVVtYHO DR KRPHP PpGLR ± 3HUtFLD
FRQWiELO TXH FRQVWDWRX D FREUDQoD SHOR EDQFR UpX GH MXURV
FDSLWDOL]DGRV PHQVDOPHQWH )LQDQFLDPHQWR LPRELOLiULR ± 6LVWHPD GH
DPRUWL]DomR ± $PRUWL]DomR GD GtYLGD TXH GHYH VHU UHDOL]DGD VHP R
HPSUHJR GD 7DEHOD 3ULFH XWLOL]DQGRVH R 6LVWHPD GH $PRUWL]DomR
&RQVWDQWH 6$& ± 9DORU FRUUHWR GR GpELWR RX FUpGLWR TXH GHYH VHU
DSXUDGR HP OLTXLGDomR GH VHQWHQoD SRU DUELWUDPHQWR ± $SHOR GR EDQFR
UpXSURYLGRHPSDUWH´$SHODomRQž±5HODWRU
-RVp 0DUFRV 0DUURQH ± &RPDUFD &DPSLQDV ± ÏUJmR MXOJDGRU 
&kPDUD GH 'LUHLWR 3ULYDGR ± 'DWD GR MXOJDPHQWR  ± 'DWD GH
UHJLVWUR

2DUWžGR'HFUHWRHVWiDVVLPUHGLJLGR

³$UWžeSURLELGRFRQWDUMXURVGRVMXURV
$ MXULVSUXGrQFLD SiWULD WHP VH PDQLIHVWDGR DFHUFD GR WHPD TXH QmR p
QRYR
6~PXOD Qž  GR 67) e YHGDGD D FDSLWDOL]DomR GH MXURV DLQGD TXH
H[SUHVVDPHQWHFRQYHQFLRQDGD´

6XSHULRU 7ULEXQDO GH -XVWLoD ³&LYLO 5HFXUVR (VSHFLDO 6LVWHPD

ILQDQFHLUR GD KDELWDomR )&96 3ODQR GH HTXLYDOrQFLD VDODULDO 5HDMXVWH
GH DFRUGR FRP D FDWHJRULD SURILVVLRQDO GR PXWXiULR ,QWHUSUHWDomR GH
FOiXVXOD FRQWUDWXDO 6~PXOD 67- ,QFLGrQFLD 7DEHOD SULFH -XURV
FDSLWDOL]DGRV $QDWRFLVPR &DUDFWHUL]DomR $ DSOLFDomR GD 7DEHOD 3ULFH
DRV FRQWUDWRV GH SUHVWDo}HV GLIHULGDV QR WHPSR LPS}H H[FHVVLYD
RQHURVLGDGHDRVPXWXiULRVGHYHGRUHVGR6)+SRLVQRVLVWHPDHPTXH
D PHQFLRQDGD 7DEHOD p DSOLFDGD RV MXURV FUHVFHP HP SURJUHVVmR
JHRPpWULFDVHQGRTXHTXDQWRPDLRUDTXDQWLGDGHGHSDUFHODVDVHUHP


 SDJDVPDLRUVHUiDTXDQWLGDGHGHYH]HVTXHRVMXURVVHPXOWLSOLFDPSRU
VL PHVPRV WRUQDQGR R FRQWUDWR TXDQGR QmR LPSRVVtYHO GH VH DGLPSOLU
SHOR PHQRV DEXVLYR HP UHODomR DR PXWXiULR TXH Yr VXD GtYLGD VH
HVWHQGHULQGHILQLGDPHQWHHRYDORUGRLPyYHOH[RUELWDUDWpWUDQVILJXUDUVH
LQDFHVVtYHO H LQFRPSDWtYHO RQWRORJLFDPHQWH FRP RV ILQV VRFLDLV GR
6LVWHPD )LQDQFHLUR GD +DELWDomR´ 5HFXUVR (VSHFLDO Qž  ± 56
 ± 3ULPHLUD 7XUPD ± 5HODWRU 0LQLVWUR -RVp 'HOJDGR ±
MXOJDPHQWR±'-S

$OpP GHVVDV LOHJDOLGDGHV RXWUDV WDQWDV SRGHP VHU DSRQWDGDV

GHQWUHDVTXDLVGHVWDFDVHDRXWRUJDGHPDQGDWRLQVHUWRQRFRQWUDWR
GHDGHVmRHPGHVDFRUGRFRPRLQF9,,,GRDUWGD/HL
FOiXVXODGpFLPDQRQDGRFRQWUDWR±GRFXPHQWR
,OHJDOLGDGHGDLQFOXVmRGRQRPHGRVDXWRUHVQR6HUDVD
2 6HUDVD FHQWUDOL]DomR GH VHUYLoRV GRV EDQFRV LQIULQJH
JULWDQWHPHQWHD&RQVWLWXLomR)HGHUDOQDH[DWDPHGLGDHPTXHMRJDQD
PDUJLQDOLGDGH FLGDGmRV GHFHQWHV TXH QR SUHVHQWH PRPHQWR OXWDP
SDUDVHPDQWHUQRFDPLQKRGDUHWLGmRILQDQFHLUD
$VVLP R ID] PDQFKDQGR VXD ILFKD FDGDVWUDO LPSHGLQGRRV GH
UHHPSUHJDUVHKXPLOKDQGRRVSHUDQWHDVRFLHGDGHHVHXVIDPLOLDUHV
IHULQGR DOpP GH SUHFHLWRV OHJDLV RV SULQFtSLRV DWLQHQWHV DRV GLUHLWRV
KXPDQRV
&RPR DVVHYHURX R HPLQHQWH -XL] -XUDQGLU GH 6RX]D 2OLYHLUD GR
3ULPHLUR 7ULEXQDO GH $OoDGD &LYLO R VLVWHPD MXUtGLFR DR FRQWUiULR GR
TXH SHQVDP DOJXQV HVWLSXOD D JDUDQWLD GH TXH R GHYHGRU QmR SRGH
VHUFRQVWUDQJLGR
7DOVHGiH[DWDPHQWHHPYLUWXGHGD/HLTXHQRDUW
GLVS}H TXH QD FREUDQoD GH GpELWRV R FRQVXPLGRU LQDGLPSOHQWH QmR
VHUi H[SRVWR DR ULGtFXOR QHP VHUi VXEPHWLGR D TXDOTXHU WLSR GH
FRQVWUDQJLPHQWRRXDPHDoD
6HJXQGR DLQGD R HPLQHQWH -XL] GH $OoDGD KRMH GHVHPEDUJDGRU
SDFtILFRQDMXULVSUXGrQFLDRHQWHQGLPHQWRVHJXQGRRTXDOHVWDQGRD
GtYLGD VHQGR TXHVWLRQDGD MXGLFLDOPHQWH p LQGHYLGD D QHJDWLYDomR
6RPHVH D LVVR R IDWR GH TXH D QHJDWLYDomR QmR DSURYHLWD R FUHGRU
VHUYLGR DSHQDV SDUD SUHMXGLFDU RV DXWRUHV QR PHUFDGR 9HMD 9RVVD
([FHOrQFLDDSRVLomRGR67-


 6XSHULRU 7ULEXQDO GH -XVWLoD ³$omR UHYLVLRQDO 'tYLGD HP MXt]R
&DGDVWUR GH LQDGLPSOHQWHV 6HUDVD 63& &DGLQ ,QVFULomR
,QDGHTXDomR 3UHFHGHQWHV GR WULEXQDO 1RV WHUPRV GD MXULVSUXGrQFLD
GHVWD &RUWH HVWDQGR D GtYLGD HP MXt]R LQDGHTXDGD HP SULQFtSLR D
LQVFULomR GR GHYHGRU QRV yUJmRV FRQWURODGRUHV GH FUpGLWR´ 5HFXUVR
(VSHFLDO Qž 3(  ± 'HFLVmR SRU XQDQLPLGDGH QmR
FRQKHFHU GR UHFXUVR ± 'DWD  ±  7XUPD ± 5HO 0LQLVWUR
6iOYLRGH)LJXHLUHGR7HL[HLUD±'-S

1mRGHIRUPDGLIHUHQWHR

3ULPHLUR 7ULEXQDO GH $OoDGD &LYLO GH 6mR 3DXOR ³0HGLGD FDXWHODU
6XVWDomRGHSURWHVWR±FRQWUDWRGHIRUQHFLPHQWREDQFiULR±GHIHULPHQWR
GD OLPLQDU ± LPSRVVLELOLGDGH GH LQVFULomR GR QRPH GR UHFRUUHQWH QR
FDGDVWUR GH LQDGLPSOHQWHV GR 6(5$6$ YLVWR TXH R PRQWDQWH GR GpELWR
DFKDVH ³VXE MXGLFH´ ± UHFXUVR SURYLGR SDUD HVVH ILP´ $JUDYR GH
,QVWUXPHQWR  ± 6mR 3DXOR ±  &kPDUD ± M  ± 5HO
0DVVDPL8\HGD±'HFLVmRXQkQLPH

(WDPEpPR

7ULEXQDO GH $OoDGD GR 5LR *UDQGH GR 6XO ³$JUDYR GH LQVWUXPHQWR
5HYLVLRQDO GH FRQWUDWR GH FUpGLWR 5HJLVWUR GR QRPH GR GHYHGRU QR
6(5$6$3URSRVWDDDomRUHYLVLRQDOGHFOiXVXODVGHFRQWUDWREDQFiULR
SRGH R MXL] GHWHUPLQDU HP UD]mR GH FDXWHOD UHTXHULGD TXH R UpX VH
DEVWHQKD GH ID]HU R UHJLVWUR GR GHYHGRU QD FHQWUDO GH LQIRUPDomR GH
UHVWULomR 6(5$6$ TXH IXQFLRQD FRPR yUJmR GH SUHVVmR H
FRQVWUDQJLPHQWRDRGHYHGRUPRUPHQWHTXDQGRHVWHVHLQVXUJHFRQWUDR
FRQWUDWR GH FUpGLWR TXH PDQWpP FRP D LQVWLWXLomR ILQDQFHLUD
HVSHFLDOPHQWHTXDQGRRFUHGRUQDGDWHPDSHUGHUSRLVVHXFUpGLWRHVWi
IRUUDGRGHVHJXUDQoDEDVWDQWHHQmRIH]QHQKXPDFRPSURYDomRGHVHU
EHQHILFLDGR FRP D PHGLGD SOHLWHDGD 1HJDGR SURYLPHQWR´ $JUDYR GH
,QVWUXPHQWR  ± 'DWD  ±  &kPDUD &tYHO ± 5HO
5REHUWR([SHGLWRGD&XQKD0DGULG±2ULJHP&DQRDV

$V H[SUHVV}HV ³QHJDWLYDU´ H ³QHJDWLYDomR´ OHPEUDP DV DQWLJDV

PDUFDV GH LQLTXLGDGH TXH H[LVWLDP QRV SULPyUGLRV GD VRFLHGDGH
PHGLDQWH DV TXDLV RV LQtTXRV HUDP SXQLGRV SHOD SHUGD GR QDUL]
DVVtULRV


 (P )UDQoD GR 5HL /XL] ;,,, DV PXOKHUHV GHVRQHVWDV DWUDYpV GH
IHUUHWHHPEUDVDHUDPPDUFDGDVFRPXPDIORUGHOLV
+RMH SRXFD FRLVD PXGRX (P YHUGDGH DJUDYDUDPVH DV
FRQVHTXrQFLDV RV GHYHGRUHV VmR PDUFDGRV DWUDYpV GRV IHUUHWHV GD
PRGHUQDWHFQRORJLDRQOLQHYLDPRGHPID[VDWpOLWHHWF
2UD 1REUH -XOJDGRU HVVH MXt]R VXPiULR H LQIOH[tYHO GHYH VHU GH
DOJXPDIRUPDFRQWLGRHPXP(VWDGR'HPRFUiWLFRGH'LUHLWR
%HP SRU LVVR R &'& FRORFRX IUHLR DRV yUJmRV TXH D VL DUURJDP H
DWULEXHPDSUHUURJDWLYDGHGL]HUTXHPpKRQHVWRTXHPpGHVRQHVWR
TXHP SRGH FRPHUFLDU H TXHP QmR SRGH TXHP WHUi DFHVVR DR
PHUFDGRGHWUDEDOKRHDRFUpGLWRHTXHPVHUiH[FOXtGR
$TXHVWmRVHDSUHVHQWDDLQGDPDLVJUDYHQDH[DWDPHGLGDHPTXH
VH YHULILFD QR FDVR YHUWHQWH TXH D QHJDWLYDomR GRV DXWRUHV TXH
GLVFXWHPDFRUUHWDDSOLFDomRGHHQFDUJRVFROLGHYLROHQWDPHQWHFRPR
PDQGDPHQWRLQVFXOSLGRQRDUWžLQF;;;9GD&RQVWLWXLomR)HGHUDO
TXH JDUDQWH D QmR H[FOXVmR GH DPHDoD RX OHVmR GH GLUHLWRV GD
DSUHFLDomRGR3RGHU-XGLFLiULR
,,,±3HULJRQDGHPRUDGDSUHVWDomRMXULVGLFLRQDO±SHULFXOXPLQ
PRUD
2VDXWRUHVHVWmRDPHDoDGRVGHVRIUHUGDQRVLUUHSDUiYHLVWHQGRHP
YLVWD D LPLQHQWH DOLHQDomR H[WUDMXGLFLDO GR LPyYHO RQGH UHVLGHP VHP
TXH DQWHV VH OKHV WHQKD GDGR TXDOTXHU RSRUWXQLGDGH GH YHU
DSUHFLDGR SHOR 3RGHU -XGLFLiULR DV LOHJDOLGDGHV DTXL VXFLQWDPHQWH
DSRQWDGDV
1R FDVR YHUWHQWH p FHUWR TXH D VLWXDomR OLWLJLRVD MDPDLV VHULD
DIDVWDGD HVSRQWDQHDPHQWH SHOD Up SHUPLWLQGR YLVOXPEUDU TXH VHUi
HIHWLYDPHQWH QHFHVViULR RXWUR IXWXUR SURFHVVR DSWR D HQIUHQWDU D
LPSOHPHQWDomR SHOR EDQFR UpX GDV LQ~PHUDV LOHJDOLGDGHV Mi
DSRQWDGDV TXH OKH SHUPLWHP VH DSURSULDU GH YHUEDV DFRLPDGDV GH
LQGHYLGDV MXURV FDSLWDOL]DGRV H DEXVLYRV DFUHVFLGRV GH LQGH[DGRU
UHPXQHUDWyULRHQmRGHDWXDOL]DomRPRQHWiULD
&RPR VH HYLGHQFLD GRV IDWRV H GD IUDQFD SUREDELOLGDGH GR GLUHLWR
HVJULPLGRDSHUVLVWLUDQHIDVWDFRQGXomRGRQHJyFLRVXEMDFHQWHSHOD
Up D ~QLFD IRUPD GH UHSDUDU D OHVmR GR GLUHLWR GRV DXWRUHV VHULD VH


KRXYHVVH SRVVLELOLGDGH HIHWLYDU R SDJDPHQWR LQFRUUHWR SDUD DR
GHSRLV DMXL]DU RXWUD GHPDQGD SDUD UHSHWLomR GR LQGpELWR ID]HQGR
UHQDVFHUDVHSXOWDFOiXVXODVROYHHWUHSHWH
2UD R VLPSOHV SUHQ~QFLR GHVVD UHSXGLDGD FOiXVXOD SHUPLWH VHP
TXDOTXHUGHORQJDGLYLVDUDSRWHQFLDOLGDGHGHGDQRDRVDXWRUHV$OLiV
HQVLQD&DOPRQGH3DVVRV

³2 FULWpULR PDLV DGHTXDGR D QRVVR YHU SDUD VH DIHULU GD GLILFXOGDGH H
LQFHUWH]D GD UHSDUDomR p FRQVLGHUDU D SRVVLELOLGDGH GH UHVVDUFLPHQWR
GRVGDQRVQRSUySULRSURFHVVRHDFXUWRSUD]RRXFRPPHLRVH[SHGLWRV
6HLVWRQmRRFRUUHUpYiOLGRHQWHQGHUVHDOHVmRFRPRGHGLItFLOHLQFHUWD
UHSDUDomR´

&RPRHQVLQDWDPEpPRSUHFODUR2YtGLR%DSWLVWDVXSHGDQHDGRHP
$SLFHOOD,SURYYHGLPHQWLFDXWHODULQRQQRPLQDWL

³6HDWXWHODFDXWHODUVRPHQWHSXGHVVHVHUFRQFHGLGDTXDQGRQmRIRVVH
SRVVtYHO D UHSDUDomR SHFXQLiULD HQWmR D SUySULD LQVWLWXLomR SHUGHULD
VHQWLGR GDGR TXH XP WDO HQWHQGLPHQWR DR FRQWUiULR GR TXH VH WHP HP
YLVWD FRP D WXWHOD FDXWHODU DGPLWLULD SUpYLD YLRODomR GR GLUHLWR SDUD
GHSRLV UHFRPS{OR PRQHWDULDPHQWH TXDQGR D SUySULD OHL FRQFHEH D
WXWHOD FDXWHODU FRQWUD SUHYHQomR GH GDQR LPLQHQWH PDV QmR
FRQVXPDGR´

6y D WXWHOD FDXWHODU OLPLQDUPHQWH FRQFHGLGD WHUi R FRQGmR GH

JDUDQWLU SRUWDQWR R UHVXOWDGR ~WLO H HILFD] GD DomR SULQFLSDO D VHU
SURSRVWD
6H QmR IRVVH Vy SRU LVVR RV DXWRUHV SRVVXHP ILOKRV PHQRUHV XP
FRPWUrVDQRVGRFXPHQWRHHVWmRQDLPLQrQFLDGRGHVDORMDPHQWR
HPYLUWXGHGHPHGLGDDUELWUiULDHLOHJDO
6LWXDomRLQtTXDFRPRHVVDQmRPHUHFHJXDULGDGR3RGHU-XGLFLiULR
,9±$omRDVHUSURSRVWD
2V DXWRUHV HVFODUHFHP TXH QR WULQWtGLR OHJDO DSUHVHQWDUi R VHX
SHGLGR SULQFLSDO QRV WHUPRV GR DUW  GR &3& TXH FRQVLVWLUi QD
UHYLVmRGRFRQWUDWR
9±&RQFOXVmR


 $ H[HFXomR H[WUDMXGLFLDO GLDQWH GD HYLGrQFLD TXH R UpX SUDWLFD
LOHJDOLGDGHVQDFREUDQoDDRFREUDUMXURVVREUHMXURVSHODDSOLFDomRGD
WDEHODSULFHFRQWUDULDQGRD6~PXODGR67)RTXHVHGHPRQVWUD
LQFOXVLYHSRUIDUWDMXULVSUXGrQFLDpPRWLYRSDUDFRQFHVVmRGDPHGLGD
RUDSOHLWHDGD
2XWURVVLP D TXHVWmR GD 75 GHYH VHU REMHWR GH DQiOLVH QD DomR
SULQFLSDO PRUPHQWH TXH IRL FRQVLGHUDGD LOHJDO SRU RFDVLmR GR
MXOJDPHQWRGD$',1Qž')
9HULILFDVH SRLV TXH RV GLUHLWRV TXH SRVVXHP RV DXWRUHV HVWmR
DPHDoDGRV GH VRIUHU GDQRV LUUHSDUiYHLV VRPHQWH SRGHQGR VHU
REVWDFXOL]DGRV SHOD WXWHOD FDXWHODU OLPLQDUPHQWH GHIHULGD PRUPHQWH
DQWHDLPLQHQWHDOLHQDomRH[WUDMXGLFLDOGRLPyYHORQGHUHVLGHP
1RFDVRYHUWHQWHHVWmRSUHVHQWHVSRUWDQWRRIXPXVERQLLXULVHR
SHULFXOXPLQPRUD,VVRSRVWRGHGX]VHR
9,±3HGLGR
&RPR PHGLGD DFDXWHODWyULD XUJHQWH H SUHSDUDWyULD GH DomR
RUGLQiULD TXH OKH VHJXLUi VHUYH D SUHVHQWH SDUD UHTXHUHU GLJQHVH
9RVVD ([FHOrQFLD GH GHWHUPLQDU D H[SHGLomR GH PDQGDGR
OLPLQDUPHQWHLQDXGLWDDOWHUDSDUWHSDUD&3&DUWVH
D REVWDU D H[HFXomR H[WUDMXGLFLDO EHP FRPR R OHLOmR H[WUDMXGLFLDO
FDVRHVWHMDHPDQGDPHQWRDWpRMXOJDPHQWRILQDOGHVWDDomR
ETXHVHMDREVWDGDDLQFOXVmRGRQRPHGRVDXWRUHVQR6(5$6$RX
HPTXDOTXHURXWURyUJmRGHSURWHomRDRFUpGLWRDWpRILQDOMXOJDPHQWR
GD DomR RX FDVR Mi WHQKDP VLGR LQFOXtGRV TXH VHMD HIHWXDGD D
UHWLUDGD QR SUD]R GH FLQFR GLDV VRE SHQD GH PXOWD GLiULD GH 5 
HQTXDQWRSHUGXUDUDGHVREHGLrQFLDjRUGHP
F TXH R UpX DEVWHQKDVH GH H[HFXWDU H[WUDMXGLFLDOPHQWH D GtYLGD
QRVWHUPRVGR'HFUHWR/HL
5HTXHU DR ILQDO VHMD MXOJDGD SURFHGHQWH D SUHVHQWH PHGLGD
FDXWHODU REVWDGD D H[HFXomR H[WUDMXGLFLDO GR 'HFUHWR/HL 
FRQILUPDGDDOLPLQDUFRQFHGLGD
9,,±5HTXHULPHQWR
5HTXHUD$XWRUDVHGLJQH9RVVD([FHOrQFLDGHGHWHUPLQDU


 D D H[SHGLomR GR 0DQGDGR REMHWR GR SHGLGR DR UpX SDUD
FXPSULPHQWRSRU2ILFLDOGH-XVWLoDGDGDDXUJrQFLDGDPHGLGDDVHU
FXPSULGR QD 5XD  RUGHQDQGR D VXVSHQVmR GD H[HFXomR
H[WUDMXGLFLDO GR LPyYHO REMHWR GR FRQWUDWR Qž  HQWUH DV SDUWHV H
REVWDGDDLQFOXVmRGRQRPHGRVDXWRUHVQR6(5$6$RXHPTXDOTXHU
RXWUR VHUYLoR GH SURWHomR DR FUpGLWR DWp ILQDO MXOJDPHQWR H FDVR Mi
WHQKDPVLGRLQFOXtGRVTXHVHMDHIHWXDGDDUHWLUDGDQRSUD]RGHFLQFR
GLDVVRESHQDGHPXOWDGLiULDGH5
E D H[SHGLomR GR FRPSHWHQWH PDQGDGR GH FLWDomR GR UpX SRU
2ILFLDO GH -XVWLoD QD SHVVRD GH VHX UHSUHVHQWDQWH OHJDO RX RXWUD
FRP SRGHUHV GH DGPLQLVWUDomR RX JHUrQFLD JHUDO SDUD TXHUHQGR
RIHUHFHUUHVSRVWDQRSUD]RGHFLQFRGLDVVRESHQDGHFRQILVVmRH
HIHLWRVGDUHYHOLD
F HPERUD SUHVFLQGD GH DXWRUL]DomR DR 2ILFLDO GH -XVWLoD
HQFDUUHJDGR GD GLOLJrQFLD SURFHGHU FRP RV EHQHItFLRV GR DUW  †
žGR&3&
7UDWDQGRVH GH DWR FRQVHUYDWyULR GR GLUHLWR GRV DXWRUHV SHGHVH
TXH R SURFHVVR WUDPLWH GXUDQWH DV IpULDV &yGLJR GH 3URFHVVR &LYLO
DUW,
9,,,±9DORUGDFDXVD
'iVHjSUHVHQWHRYDORUGH
,;±3URYDV
5HTXHUVH D SURGXomR GH SURYD GRFXPHQWDO WHVWHPXQKDO SHULFLDO
LQVSHomRMXGLFLDOHGHWRGRVRVPHLRVSUREDQWHVHP'LUHLWRDGPLWLGRV
LQFOXVLYHGHSRLPHQWRSHVVRDOGRUHSUHVHQWDQWHOHJDOGRUpXVRESHQD
GH FRQILVVmR VH QmR FRPSDUHFHU RX FRPSDUHFHQGR VH QHJDU D
GHSRU
7HUPRV HP TXH FXPSULGDV DV QHFHVViULDV IRUPDOLGDGHV OHJDLV
GHYH D SUHVHQWH VHU UHFHELGD H DILQDO MXOJDGD SURFHGHQWH FRPR
PHGLGDGHLQWHLUD
-867,d$
'DWD
$GYRJDGR2$%


'RFXPHQWR
3URFXUDomR
'RFXPHQWR
&RQWUDWR
'RFXPHQWR
1RWLILFDomRSDUDDH[HFXomRH[WUDMXGLFLDO
'RFXPHQWR
3ODQLOKDGHGpELWRIRUQHFLGDSHORUpX
'RFXPHQWR
-XULVSUXGrQFLD


BBBBBBBBB

0iULR *HUDOGR 3HUHLUD 3ODQR EiVLFR GH DPRUWL]DomR SHOR VLVWHPD IUDQFrV H
UHVSHFWLYRIDWRUGHFRQYHUVmR'LVVHUWDomR'RXWRUDPHQWR±)&($6mR3DXOR
DSXG-RVp'XWUD9LHLUD6REULQKRREFLWS

:DOWHUGH)UDQFLVFR0DWHPiWLFD)LQDQFHLUD6mR3DXOR$WODV

&DOPRQGH3DVVRV&RPHQWiULRVDR&yGLJRGH3URFHVVR&LYLO6mR3DXOR57
YRO;WRPR,SS

2YtGLR$%DSWLVWDGD6LOYD'RSURFHVVRFDXWHODU 5LR GH -DQHLUR )RUHQVH  S



 5.1. ARGUIÇÃO DE FALSIDADE DE DOCUMENTO NOVO

([PR6U'U-XL]GH'LUHLWRGD
3URFHVVRQž
MiTXDOLILFDGRQRVDXWRVGDDomRRUGLQiULDTXHPRYHHPIDFHGH
 SRU VHXV SURFXUDGRUHV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDH[SRUHUHTXHUHURTXDQWRVHJXH
$WHQGHQGR DR UHVSHLWiYHO GHVSDFKR GH IOV  SDUD IDODU VREUH R
GRFXPHQWRDSUHVHQWDGRSHODUpDIOVYHPRDXWRUGL]HURVHJXLQWH
7DOGRFXPHQWRDSUHVHQWDGRSHODUpFRPRSURYDGHVXDVDOHJDo}HV
GH IOV  p PDQLIHVWDPHQWH IDOVR SRUTXH GDU D IXQGDPHQWDomR
LQGLFDQGRHPTXHSRQWRRGRFXPHQWRHVWiIDOVLILFDGR
$VVLPVHQGRR$XWRUUHTXHUTXHLQWLPDGDDSDUWHFRQWUiULD&yGLJR
GH3URFHVVR&LYLODUWVHGLJQH9([DRUGHQDUH[DPHSHULFLDO
SRU SHULWR HVSHFLDOL]DGR &yGLJR GH 3URFHVVR &LYLO DUWV  H 
SDUDSURFHGHUDRH[DPHGRGRFXPHQWRSURWHVWDQGRGHVGHORJRSHOD
LQGLFDomRGHVHX$VVLVWHQWH7pFQLFRHSHODDSUHVHQWDomRGHTXHVLWRV
)LQDOPHQWH HVSHUD TXH DR ILQDO VHMD GHFODUDGD D IDOVLGDGH GR
GRFXPHQWR GH IOV  &yGLJR GH 3URFHVVR &LYLO DUW  ,, FRP
MXOJDPHQWR GD SUHVHQWH DUJXLomR FRPR TXHVWmR SULQFLSDO &yGLJR GH
3URFHVVR &LYLO DUW  SDUiJUDIR ~QLFR H DUW  GR &yGLJR GH
3URFHVVR&LYLO
7HUPRVHPTXH
SGHIHULPHQWR
'DWD
$GYRJDGR2$%


 5.2. AÇÃO AUTÔNOMA

([PR6U'U-XL]GH'LUHLWRGD
8UJHQWH FRP SHGLGR GH UHJLVWUR GD FLWDomR D VHU DSUHFLDGR
OLPLQDUPHQWHEHPFRPRH[SHGLomRGHRItFLRSDUDFRPSOHPHQWDomRGH
SURYD
SRUVHXVSURFXUDGRUHVGRFXPHQWRYHPUHVSHLWRVDPHQWHj
SUHVHQoDGH9RVVD([FHOrQFLDSURSRUSHORSURFHGLPHQWRFRPXP
$omR'HFODUDWyULDGH1XOLGDGHGH(VFULWXUD
HPIDFHGHHVXDPXOKHUSHORVPRWLYRVGHIDWRHGHGLUHLWR
DVHJXLUDGX]LGRV
)DWRV
3HOD HVFULWXUD S~EOLFD GDWDGD GH  R DXWRU DGTXLULX R LPyYHO
REMHWRGDPDWUtFXODMXQWRDRž2ILFLDOGH5HJLVWURGH,PyYHLVGD
GRFXPHQWRFRQIRUPHFRQVWDGR5GDPDWUtFXODGRLPyYHO
GRFXPHQWR±PDWUtFXOD
2LPyYHOHVWiDVVLPGHVFULWRHFDUDFWHUL]DGR

&RPDSURSULHGDGHUHJLVWUDGDHPVHXQRPHRDXWRUGLOLJHQFLRXQD
DSURYDomR GH SURMHWR GH FRQVWUXomR QR UHIHULGR WHUUHQR FRQIRUPH
FRPSURYD R SHGLGR GH DOYDUi SDUD FRQVWUXomR QRYD H[WUDWR DQH[R ±
GRFXPHQWR
1DGD REVWDQWH HP XPD GDV YLVLWDV DR LPyYHO GH VXD SURSULHGDGH
YHULILFRX PRYLPHQWDomR HVWUDQKD H TXHVWLRQDQGR DV SHVVRDV Oi
SUHVHQWHVGHVFREULXWUDWDUVHGHSHVVRDTXHVHGL]LDFRQWUDWDGDSHOR
SURSULHWiULR
(VWUDQKDQGR R IDWR GLOLJHQFLRX QD REWHQomR GH FHUWLGmR GD
PDWUtFXOD GR VHX LPyYHO H GHVFREULX FRP VXUSUHVD TXH FRQVWDYD
UHJLVWUR GH FRPSUD H YHQGD GR LPyYHO GH VXD SURSULHGDGH SDUD RV
FRUUpXVSRUHVFULWXUDGHYHQGDHFRPSUDGDWDGDGHOLYUR±IOV
 GR 7DEHOLmR GH 1RWDV GH  GHVWH (VWDGR GRFXPHQWR  ±
HVFULWXUDIDOVDUHJLVWUDGDQRGLD5GDPDWUtFXOD±GRFXPHQWR



 7RGDYLDRDXWRUQmRYHQGHXVHXLPyYHOHQHVWDPHGLGDDWpHQWmR
GHVFRQKHFLDRVUpXV
$VVLP D HVFULWXUD DTXL WLGD SRU IDOVD GRFXPHQWR  FHUWDPHQWH IRL
RXWRUJDGD SRU HVWHOLRQDWiULRV TXH IDOVLILFDUDP RV GRFXPHQWRV GR
DXWRU
1HVWDH[DWDPHGLGDRDXWRUSURYLGHQFLRXDODYUDWXUDGH%ROHWLPGH
2FRUUrQFLD GRFXPHQWR  ± %ROHWLP GH 2FRUUrQFLD H EHP DVVLP
GHWHUPLQRX GLOLJrQFLDV QR FDUWyULR GH QRWDV GH  ORFDO QR TXDO IRL
H[LELGD FySLD GH &DUWHLUD GH 0RWRULVWD GR DXWRU IDOVLILFDGD HP SRGHU
GR 7DEHOLmR H DUTXLYDGR jV QRWDV GDTXHOH FDUWyULR XWLOL]DGD FRPR
GRFXPHQWRSDUDMXVWLILFDUDRXWRUJDGDHVFULWXUD
$R ILQDO GHVWD H[RUGLDO UHTXHUHUVHi GH DQWHPmR TXH VHMD
H[SHGLGR 2ItFLR DR 7DEHOLmR GH 1RWDV GH  SDUD TXH UHPHWD
GLUHWDPHQWH DR 2ItFLR MXGLFLDO D FySLD GRV UHIHULGRV GRFXPHQWRV
WHQGRHPYLVWDTXHR6U7DEHOLmRVHUHFXVRXVDOYRRUGHPMXGLFLDOD
HQWUHJDUFySLDGDLQGLJLWDGDFDUWHLUDGHPRWRULVWDIDOVLILFDGDHGHPDLV
GRFXPHQWRVTXHMXVWLILFDUDPDODYUDWXUDGDHVFULWXUDIDOVD
&RQVWD WDPEpP TXH R 6U 7DEHOLmR FRPXQLFRX R IDWR DR -XL]
FRUUHJHGRU GRV FDUWyULRV GD FRPDUFD UHPHWHQGR RV GRFXPHQWRV
jTXHOH PDJLVWUDGR GRFXPHQWR  ± FRPXQLFDomR DR -XL] FRUUHJHGRU
SHOR7DEHOLmRGH1RWDVGH
,PSRUWDQWH REVHUYDU XP IDWR D[LRPiWLFR SDUD D FRQFOXVmR TXH
UHTXHU D YHUWHQWH UHIUHJD R VLPSOHV IDWR GH D HVFULWXUD GR LPyYHO WHU
VLGR ODYUDGD QR ORQJtQTXR 'LVWULWR GH  FRQVLGHUDQGR TXH VH WUDWD
GH LPyYHO GH SHVVRD UHVLGHQWH QD FRPDUFD GD &DSLWDO ORFDOL]DGR QD
FRPDUFD GD &DSLWDO WHQGR FRPR FRPSUDGRU SHVVRDV TXH WDPEpP VH
GHFODUDP UHVLGHQWHV QD FRPDUFD GD &DSLWDO FRQVWLWXL SUiWLFD QmR
FRUULTXHLUDHJHUDSRUVLVyHVWUDQKH]DSDUDGL]HURPtQLPR
%DVWDXPDVLPSOHVYLVWDG¶ROKRVQRVGRFXPHQWRVSHVVRDLVGRDXWRU
GRFXPHQWR±GRFXPHQWRVSHVVRDLVGRDXWRUFRPSDUDQGRRVFRPD
DVVLQDWXUD FRQVWDQWH GD HVFULWXUD SDUD YHULILFDU VHP D PHQRU
GLILFXOGDGHTXHQmRVHWUDWDGDVXDDVVLQDWXUD
&DUWHLUDGHPRWRULVWDQ
5*


 $VVLQDWXUDIDOVDFRQVWDQWHGDHVFULWXUDGRFXPHQWR
$VVLP FRP D YLQGD DRV DXWRV GRV GRFXPHQWRV TXH HQVHMDUDP R
WHUDWROyJLFR DWR QRWDULDO DTXL JXHUUHDGR FODUD HVWDUi D IDOVLGDGH H
SRUWDQWR LQH[LVWrQFLD GH PDQLIHVWDomR YROLWLYD HOHPHQWR IXQGDPHQWDO
SDUDDXWRUL]DUTXDOTXHUHIHLWRGRDWRMXUtGLFRTXHRDXWRUQmRSUDWLFRX
HEHPDVVLPDQXOLGDGHGRDWRQRWDULDOVXEVHTXHQWH
'LUHLWR
2QHJyFLRMXUtGLFRRUDDWDFDGRpLQH[LVWHQWH
2 DXWRU QmR PDQLIHVWRX YRQWDGH RX VHMD QmR DVVLQRX D HVFULWXUD
TXHGHXRULJHPjWUDQVPLVVmRDRVFRUUpXV
$VVLP DSOLFiYHO D GRXWULQD GH )OiYLR 7DUWXFH 'LUHLWR &LYLO  HG
6mR3DXOR0pWRGRSYTXHHVFODUHFH

³3RLVEHPRQHJyFLRMXUtGLFRQDYLVmRGH3RQWHVGH0LUDQGDpGLYLGLGR
HP WUrV SODQRV ± 3ODQR GD H[LVWrQFLD ± 3ODQR GD YDOLGDGH ± 3ODQR GD
HILFiFLD´
³1RSODQRGDH[LVWrQFLDHVWmRRVSUHVVXSRVWRVSDUDXPQHJyFLRMXUtGLFR
RX VHMD RV VHXV HOHPHQWRV PtQLPRV VHXV SUHVVXSRVWRV IiWLFRV
HQTXDGUDGRV GHQWUR GRV HOHPHQWRV HVVHQFLDLV GR QHJyFLR MXUtGLFR
1HVVH SODQR Ki DSHQDV VXEVWDQWLYRV VHP DGMHWLYRV RX VHMD VHP
TXDOTXHU TXDOLILFDomR HOHPHQWRV TXH IRUPDP R VXSRUWH IiWLFR (VVHV
VXEVWDQWLYRV VmR DJHQWH YRQWDGH REMHWR H IRUPD 1mR KDYHQGR DOJXP
GHVVHVHOHPHQWRVRQHJyFLRMXUtGLFRpLQH[LVWHQWH´

(QVLQD 6LOYLR 5RGULJXHV 'LUHLWR &LYLO  HG 6mR 3DXOR 6DUDLYD
QSY

³2 &yGLJR &LYLO HP VHX DUW  PHQFLRQD TXDLV RV SUHVVXSRVWRV GH
YDOLGDGH GR QHJyFLR MXUtGLFR GHWHUPLQDQGR VHUHP D D FDSDFLGDGH GR
DJHQWHERREMHWROtFLWRFDIRUPDSUHVFULWDHPOHL´
³$ GRXWULQD HQWUHWDQWR GLVWLQJXH RV HOHPHQWRV HVWUXWXUDLV GR QHJyFLR
MXUtGLFR LVWR p RV HOHPHQWRV TXH FRQVWLWXHP VHX FRQWH~GR GRV
SUHVVXSRVWRV RX UHTXLVLWRV GH YDOLGDGH TXH VmR RV PHQFLRQDGRV QR
DOXGLGR DUW  (QWUH RV HOHPHQWRV HVVHQFLDLV GR QHJyFLR MXUtGLFR
ILJXUD HP SULPHLUR OXJDU D YRQWDGH KXPDQD SRLV YLPRV R QHJyFLR
MXUtGLFRpIXQGDPHQWDOPHQWHXPDWRGHYRQWDGH7RGDYLDFRPRDYRQWDGH
pXPHOHPHQWRGHFDUiWHUVXEMHWLYRHODVHUHYHODDWUDYpVGDGHFODUDomR


 TXHGHVVHPRGRFRQVWLWXLSRUVXDYH]HOHPHQWRHVVHQFLDO´

0DLVDGLDQWHHVFODUHFH6LOYLR5RGULJXHV'LUHLWR&LYLOFLWQ
S

³&RPSOHWDQGR R FDPSR GDV QXOLGDGHV VXUJLX QD GRXWULQD SDUDOHODPHQWH

DR FRQFHLWR GH DWR QXOR RX DQXOiYHO D QRomR GH DWR LQH[LVWHQWH R TXDO
VHULDRQHJyFLRTXHQmRUH~QHRVHOHPHQWRVGHIDWRTXHVXDQDWXUH]DRX
VHX REMHWR VXS}HP H VHP RV TXDLV p LPSRVVtYHO FRQFHEHU VXD SUySULD
H[LVWrQFLD$LGHLDVXUJLXQDGRXWULQDIUDQFHVDFRPDREUDGH=DFDULDV
H DSDUHFHX SDUD VROXFLRQDU XP SUREOHPD TXH VH SURSXQKD GH PDQHLUD
UHOHYDQWHHPPDWpULDGHFDVDPHQWR´

&RPSOHWDRVDXGRVRFLYLOLVWD6LOYLR5RGULJXHVFLWS

³$ LGHLD GH DWR LQH[LVWHQWH XOWUDSDVVDQGR R TXDGUR GR GLUHLWR

PDWULPRQLDO DOFDQoRX JUDQGH r[LWR DR VHU DFROKLGD SHOD PDLRULD GRV
HVFULWRUHV 1mR VmR SRXFRV SRUpP RV TXH D FRQGHQDP SRU DFKiOD
LQH[DWDLQ~WLOHLQFRQYHQLHQWH
6HULD LQH[DWD SRUTXH QR PDLV GDV YH]HV R DWR PDOVLQDGR FULD XPD
DSDUrQFLD TXH SDUD VHU GHVWUXtGD LPSOLFD UHFXUVR MXGLFLDO $ FRPSUD H
YHQGD GHYLGDPHQWH WUDQVFULWD WUDQVIHUH R GRPtQLR DLQGD TXH IDOWH R
FRQVHQVR GH XPD GDV SDUWHV SRU FRQVHJXLQWH QHFHVViULR VH ID] D
GHFODUDomRGHLQHILFiFLDSDUDTXHRDWRQmRSURGX]DHIHLWRV´

(P VXPD GHIHQGH FRPR VyL RFRUUHU QR YHUWHQWH FDVR TXH VH
GHFODUH D QXOLGDGH DEVROXWD GR DWR SUDWLFDGR SRU DXVrQFLD GH
HOHPHQWR HVVHQFLDO j VXD FRQVWUXomR TXDO VHMD D PDQLIHVWDomR
YROLWLYD
5HVXPH D TXHVWmR &DLR 0iULR GD 6LOYD 3HUHLUD ,QVWLWXLo}HV GH
'LUHLWR&LYLOHG5LRGH-DQHLUR)RUHQVHY

³6HHPYH]GHFRQVHQWLPHQWRGHIHLWXRVRQmRWLYHUKDYLGRFRQVHQWLPHQWR
QHQKXP >FRPR p R FDVR@ R DWR p LQH[LVWHQWH $R FRQWUiULR GD QXOLGDGH
HP TXH D GHFODUDomR GH YRQWDGH FRQGX] j LQHILFiFLD SRU
GHVFRQIRUPLGDGHFRPDVGHWHUPLQDo}HVOHJDLVDLQH[LVWrQFLDDGYpPGD
DXVrQFLDGHGHFODUDomRGHYRQWDGH´

&RQFOXLGLVFRUUHQGRVREUHDSRVLomRGRVLUPmRV0D]HXGTXH


 ³&RVWXPDVH REMHWDU TXH R DWR LQH[LVWHQWH QmR GHL[D GH VHU XPD
DSDUrQFLD GH DWR TXH Ki PLVWHU VHMD GHVIHLWD H SDUD WDQWR UHTXHUVH
XPGHFUHWRMXGLFLDORTXHFRQFOXHPLQGX]HTXLYDOrQFLDHQWUHDQXOLGDGH
HDLQH[LVWrQFLD´

&RPR DWHVWD )OiYLR 7DUWXFH 'LUHLWR &LYLO  HG 6mR 3DXOR
0pWRGRSHY

³'HVVH PRGR SDUD D FRUUHQWH GRXWULQiULD TXH QmR DFHLWD D LGHLD GH DWR
LQH[LVWHQWH RV FDVRV DSRQWDGRV FRPR GH LQH[LVWrQFLD GR QHJyFLR
MXUtGLFRVmRUHVROYLGRVFRPDVROXomRGHQXOLGDGH´
³5HVVDOWHVH TXH FRPR QmR Ki TXDOTXHU SUHYLVmR OHJDO D UHVSHLWR GD
LQH[LVWrQFLDGRQHJyFLRMXUtGLFRDWHRULDGDLQH[LVWrQFLDQmRIRLDGRWDGD
H[SUHVVDPHQWHSHODQRYHOFRGLILFDomRDH[HPSORGRTXHRFRUUHXFRPR
FyGLJR GH  1D UHDOLGDGH LPSOLFLWDPHQWH R SODQR GD H[LVWrQFLD
HVWDULDLQVHULGRQRSODQRGDYDOLGDGHGRQHJyFLRMXUtGLFR3RULVVRpTXH
HP WRP GLGiWLFR SRGHVH DILUPDU TXH R SODQR GD H[LVWrQFLD HVWi
HPEXWLGRQRSODQRGDYDOLGDGH´

&RPSOHPHQWDDILUPDQGRTXH

³HYHQWXDOPHQWHKDYHUiQHFHVVLGDGHGHSURSRVLWXUDGHGHPDQGDDILP
GH DIDVWDU HYHQWXDLV HIHLWRV GHFRUUHQWHV GHVWD LQH[LVWrQFLD GH XP
QHJyFLRFHOHEUDGR´

e H[DWDPHQWH D GHPDQGD GHFODUDWyULD GH QXOLGDGH TXH RUD VH

SURS}H QHFHVViULD SDUD DIDVWDU RV HIHLWRV JHUDGRV GHFRUUHQWHV GR
UHJLVWURGDHVFULWXUDIDOVDHGDVXEVHTXHQWHQDFDGHLDUHJLVWUDO
1HVVD PHGLGD HP FDVR LGrQWLFR DR SUHVHQWH GRFXPHQWR  ±
DFyUGmRSDUDGLJPDR7ULEXQDOGH-XVWLoDGH6mR3DXORGHFLGLX

7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³1HJyFLR -XUtGLFR ± ,QH[LVWrQFLD ±

(VFULWXUD GH YHQGD H FRPSUD ODYUDGD FRP DVVLQDWXUDV IDOVLILFDGDV GRV
DOLHQDQWHV ± &DQFHODPHQWR GR UHJLVWUR LPRELOLiULR ± %RDIp GRV
DGTXLUHQWHV H VXEDGTXLUHQWHV VHP UHOHYkQFLD SDUD FRQIHULU YDOLGDGH D
QHJyFLRVHPHOHPHQWRGRFRQVHQWLPHQWR±$XVrQFLDGHSURYDGHTXHRV
DXWRUHVWHQKDPWUDPDGRDIDOVDYHQGD±$omRGHQXOLGDGHSURFHGHQWH±
5HFXUVRV LPSURYLGRV´ $SHODomR &tYHO Qž  ± 4XDUWD
&kPDUD GH 'LUHLWR 3ULYDGR ± 5HODWRU 'HV )UDQFLVFR /RXUHLUR ± -XOJ


 

1RVHXYRWRGHGX]LXFRPSHUFXFLrQFLDR5HODWRU

³&ODURTXHDVHVFULWXUDVS~EOLFDVHUHJLVWURVLPRELOLiULRVVmRGRWDGRVGH
SUHVXQomR GH YHUDFLGDGH 1D OLomR GD PDLV DXWRUL]DGD GRXWULQD R
UHJLVWURQRVLVWHPDEUDVLOHLURpFDXVDOSRUTXHYLQFXODGRDRWtWXORTXHOKH
GHXRULJHP6HJXHDVRUWHMXUtGLFDGRWtWXORHQmRWHPHIHLWRVDQHDGRUGH
HYHQWXDLV LQYDOLGDGHV GR QHJyFLR MXUtGLFR 'LVVR GHFRUUH TXH DQXODGR R
WtWXOR FDQFHODVH R UHJLVWUR TXH QHOH WHYH RULJHP $ SUHVXQomR GH
YHUDFLGDGH GR UHJLVWUR DVVLP p UHODWLYD DWp TXH VH SURPRYD R VHX
FDQFHODPHQWRDUWGRQRYR&&HGR&&GH´

'HIDWRQHVWDHVWHLUDPHQFLRQDRDUWGR&yGLJR&LYLO

³$UW  6H R WHRU GR UHJLVWUR QmR H[SULPLU D YHUGDGH SRGHUi R
LQWHUHVVDGRUHFODPDUTXHVHUHWLILTXHRXDQXOH
3DUiJUDIR~QLFR&DQFHODGRRUHJLVWURSRGHUiRSURSULHWiULRUHLYLQGLFDUR
LPyYHOLQGHSHQGHQWHPHQWHGDERDIpRXGRWtWXORGRWHUFHLURDGTXLUHQWH´

&RQFOXLDIDVWDQGRGLUHLWRGHDGTXLUHQWHVHVXEDGTXLUHQWHV
(P VXPD QmR PDLV SDLUD G~YLGD QD GRXWULQD H QD MXULVSUXGrQFLD
VREUH D SUHVXQomR UHODWLYD GH YHUDFLGDGH GR UHJLVWUR LPRELOLiULR TXH
DR FRQWUiULR GR VLVWHPD DOHPmR QmR p GRWDGR GH IpS~EOLFD H QHP p
DEVWUDWRHPUHODomRDRWtWXORTXHOKHGHXRULJHPSRUWRGRVFRQILUDVH
FRPSOHWR HVWXGR VREUH R WHPD $IUkQLR GH &DUYDOKR 5HJLVWUR GH
,PyYHLV5LRGH-DQHLUR)RUHQVHSHVHJXLQWHV
$QWLJR DUHVWR GR 6XSUHPR 7ULEXQDO )HGHUDO EHP DVVHQWRX D
TXHVWmR

³1R %UDVLO DR FRQWUiULR GR VLVWHPD JHUPkQLFR TXH DVVHQWRX RV

SULQFtSLRV GH SUHVXQomR H Ip S~EOLFD QR UHJLVWUR R &yGLJR &LYLO QmR
DGRWRXVLPXOWDQHDPHQWHHVVHVGRLVSRVWXODGRVPDVDSHQDVRSULPHLUR
GHOHV GH VRUWH TXH D SUHVXQomR SRGH VHU GHVWUXtGD SRU SURYD FRQWUiULD
TXH GHPRQVWUH TXH D WUDQVFULomR IRL IHLWD YJ FRP EDVH HP YHQGD D
QRQGRPLQR´575HO0LQ6RDUH]0XQ}]

(P UHVXPR D ERDIp GRV DGTXLUHQWHV H VXEDGTXLUHQWHV WHP

UHOHYkQFLDDSHQDVSDUDFRQIHULUHYHQWXDOGLUHLWRjSHUFHSomRGHIUXWRV


RX LQGHQL]DomR SRU EHQIHLWRULDV HQTXDQWR WLYHUDP D SRVVH GRV
LPyYHLV H SHUVLVWLU D LJQRUkQFLD GR YtFLR DUWV  && 1mR
SRUpP SDUD YDOLGDU DTXLVLomR LQH[LVWHQWH IHLWD D QRQ GRPLQR VHP R
HOHPHQWRGRFRQVHQWLPHQWRGRYHUGDGHLURSURSULHWiULR
3HGLGR
&RP IXQGDPHQWR QRV DUJXPHQWRV GH IDWR H GH GLUHLWR WUD]LGRV j
FRODomR UHTXHU R DXWRU VHMD DR ILQDO D SUHVHQWH DomR MXOJDGD
SURFHGHQWH
D3DUDGHFODUDUDLQH[LVWrQFLDHFRQVHTXHQWHQXOLGDGHGDHVFULWXUD
GHYHQGDHFRPSUDGDWDGDGHOLYUR±IOVGR7DEHOLmRGH
GRFXPHQWR  ± HVFULWXUD IDOVD UHJLVWUDGD QR GLD  5  GD
PDWUtFXOD ± GRFXPHQWR  GHWHUPLQDQGRVH WDPEpP D DQXODomR GR
UHJLVWURHHYHQWXDLVVXEVHTXHQWHVQDPDWUtFXODMXQWRDR2ILFLDO
GH5HJLVWURGH,PyYHLVGD&DSLWDO
E 3DUD FRQGHQDU RV UpXV QRV KRQRUiULRV D VHUHP DUELWUDGRV SRU
9RVVD ([FHOrQFLD QRV WHUPRV GR DUW  GR &3& DOpP GH FXVWDV H
GHPDLVGHVSHVDV
&LWDomR
5HTXHUVH TXH D FLWDomR GRV UpXV VHMD HIHWXDGD SHOR FRUUHLR QRV
WHUPRVGRVDUWV,HGR&yGLJRGH3URFHVVR&LYLOSDUD
UHVSRQGHU QR SUD]R GH  TXLQ]H GLDV DUW  GR &yGLJR GH
3URFHVVR &LYLO VRE SHQD GH VHUHP WLGRV SRU YHUGDGHLURV WRGRV RV
IDWRVDTXLDOHJDGRVDUWGR&yGLJRGH3URFHVVR&LYLOGHYHQGRR
UHVSHFWLYR PDQGDGR FRQWHU DV ILQDOLGDGHV GD FLWDomR DV UHVSHFWLYDV
GHWHUPLQDo}HV H FRPLQDo}HV EHP FRPR D FySLD GR GHVSDFKR GRD
00 -XL]D FRPXQLFDQGR DLQGD R SUD]R SDUD UHVSRVWD R MXt]R H R
FDUWyULRFRPRUHVSHFWLYRHQGHUHoR
2X
1RVWHUPRVGRDUW,,GR&yGLJRGH3URFHVVR&LYLOMXVWLILFDUR
PRWLYR SRVWR TXH D FLWDomR SRU 2ILFLDO GH -XVWLoD p VXEVLGLiULD
UHTXHUVH D FLWDomR GRV UpXV SRU LQWHUPpGLR GR 6U 2ILFLDO GH -XVWLoD
SDUDTXHUHQGRUHVSRQGHUQRSUD]RGHTXLQ]HGLDVDUWGR
&yGLJR GH 3URFHVVR &LYLO VRE SHQD GH VHUHP WLGRV SRU YHUGDGHLURV
WRGRV RV IDWRV DTXL DOHJDGRV DUW  GR &yGLJR GH 3URFHVVR &LYLO


GHYHQGR R UHVSHFWLYR PDQGDGR FRQWHU DV ILQDOLGDGHV GD FLWDomR DV
UHVSHFWLYDV GHWHUPLQDo}HV H FRPLQDo}HV EHP FRPR D FySLD GR
GHVSDFKR GRD 00 -XL]D FRPXQLFDQGR DLQGD R SUD]R SDUD
UHVSRVWDRMXt]RHRFDUWyULRFRPRUHVSHFWLYRHQGHUHoRIDFXOWDQGR
VH DR 6U 2ILFLDO GH -XVWLoD HQFDUUHJDGR GD GLOLJrQFLD SURFHGHU QRV
GLDV H KRUiULRV GH H[FHomR &3& DUW  † ž 5HTXHU R DXWRU
RXWURVVLPQRVWHUPRVGRDUW,QGD/HLGHVHMDD
FLWDomR GRV UpXV SDUD D SUHVHQWH DomR GH QDWXUH]D UHLSHUVHFXWyULD
UHJLVWUDGD QD PDWUtFXOD Qž  MXQWR DR  2ILFLDO GH 5HJLVWUR GH
,PyYHLVGD&DSLWDOSDUDRFRQKHFLPHQWRGHWHUFHLURV
$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLORDXWRU
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDOLQVSHomRMXGLFLDOGHSRLPHQWRSHVVRDOGRVUpXVVRESHQD
GH FRQILVVmR FDVR QmR FRPSDUHoDP RX FRPSDUHFHQGR VH QHJXH D
GHSRUDUW†žGR&yGLJRGH3URFHVVR&LYLO
5HTXHU R DXWRU GHVGH Mi VHMD H[SHGLGR RItFLR DR 7DEHOLmR 
GHVWH (VWDGR SDUD TXH UHPHWD FySLD GH ERD TXDOLGDGH GLUHWDPHQWH
DR 2ItFLR GRV GRFXPHQWRV SHVVRDLV GR RXWRUJDQWH FRP HOH
DUTXLYDGRVHTXHHQVHMDUDPDHVFULWXUDGHYHQGDHFRPSUDGDWDGDGH
OLYUR±IOVFXMDIDOVLGDGHHPEDVDRYHUWHQWHSHGLGR
9DORUGD&DXVD
'iVHjFDXVDRYDORUGH5VHQGRHVWHRYDORUGDVHVFULWXUDV
FXMDDQXODomRVHEXVFD
7HUPRV HP TXH UHTXHUHQGR TXH DV LQWLPDo}HV VHMDP IHLWDV HP
QRPHGRVVXEVFULWRUHVGDYHUWHQWHH[RUGLDO
3HGHHDJXDUGDGHIHULPHQWR
'DWD
$GYRJDGR2$%


 6XPiULRGHGRFXPHQWRV
'RFXPHQWR3URFXUDomRHGRFXPHQWRVSHVVRDLVGRDXWRU
'RFXPHQWR  (VFULWXUD GH DTXLVLomR SHOR DXWRU ± RULJHP GH VXD
DTXLVLomRHGRFXPHQWRVFRUUHODWRV
'RFXPHQWR0DWUtFXODDWXDOL]DGD
'RFXPHQWR3HGLGRGHDOYDUiSDUDFRQVWUXomRIHLWRSHORDXWRU
'RFXPHQWR(6&5,785$)$/6$
'RFXPHQWR%ROHWLPGH2FRUUrQFLD
'RFXPHQWR  &RPXQLFDomR OHYDGD D HIHLWR SHOR 7DEHOLmR DR -XL]
&RUUHJHGRU
'RFXPHQWR  $FyUGmRV GR 7ULEXQDO GH -XVWLoD GH 6mR 3DXOR HP
FDVRLGrQWLFR
'RFXPHQWR&XVWDV


 ([PR6U'U-XL]GH'LUHLWRGD

8UJHQWH±FRPSHGLGROLPLQDU
SRUVHXVSURFXUDGRUHVGRFXPHQWRYHPUHVSHLWRVDPHQWH
jSUHVHQoDGH9RVVD([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
3URGXomR DQWHFLSDGD GH SURYD SHULFLDO R TXH ID] FRP IXQGDPHQWR
QRVIDWRVHUD]}HVDVHJXLUH[SRVWRV
5D]}HV TXH MXVWLILFDP D QHFHVVLGDGH GH DQWHFLSDomR GD SURYD ±
&yGLJRGH3URFHVVR&LYLODUW
$ UHTXHUHQWH ORFRX DR UHTXHULGR FDVD GH VXD SURSULHGDGH
ORFDOL]DGDQDFRQIRUPHSURYDFRQWUDWRDQH[RGRFXPHQWR
1R FRQWUDWR FRQVWD R UHFHELPHQWR GR LPyYHO QD RFDVLmR GR LQtFLR
GD ORFDomR HP SHUIHLWR HVWDGR GH FRQVHUYDomR H OLPSH]D ODXGR GH
YLVWRULD±GRFXPHQWR
2FRUUH TXH WHUPLQDGR R SUD]R GD ORFDomR R UHTXHULGR UHVWLWXLX R
LPyYHO HP HVWDGR GHSORUiYHO WRWDOPHQWH GHSUHGDGR IRWRV DQH[DV ±
GRFXPHQWR
3RVWDDVVLPDTXHVWmRjUHTXHUHQWHQmRUHVWDUiDOWHUQDWLYDVHQmR
SURPRYHU DomR RUGLQiULD GH LQGHQL]DomR SRU GDQRV HP IDFH GR
UHTXHULGR
&RQWXGR SDUD D SURSRVLWXUD GD UHIHULGD DomR p LQGLVSHQViYHO D
UHDOL]DomR GH H[DPH SHULFLDO FRQVLVWLQGR HP XPD YLVWRULD DG
SHUSHWXDPUHLPHPRULDPSDUDTXHVHMDPTXDQWLILFDGRVRVSUHMXt]RV
6XFHGH TXH Ki XUJrQFLD QD SURGXomR GHVVD SURYD SRVWR TXH R
UHTXHUHQWH SUHWHQGH ORFDU QRYDPHQWH R LPyYHO H D GHPRUD LQHYLWiYHO
GR WUDQVFXUVR GD DomR RUGLQiULD GH LQGHQL]DomR PRUPHQWH DQWH D
SOHWRUD GH IHLWRV TXH DVVREHUED R 3RGHU -XGLFLiULR LUi FDXVDU
HOHYDGRVSUHMXt]RVGHGLItFLOVHQmRLPSRVVtYHOUHSDUDomR


 ,VVRSRVWRGHGX]VHR
3HGLGR
3HGHVHTXH9RVVD([FHOrQFLDVHGLJQHGHGHVLJQDUSHULWR&yGLJR
GH 3URFHVVR &LYLO DUW  OLPLQDUPHQWH &yGLJR GH 3URFHVVR &LYLO
DUWVH†žFRPRPHGLGDGHH[WUHPDXUJrQFLDIL[DGRGLDH
KRUD SDUD D HQWUHJD GR ODXGR DSWR D DSXUDU RV GDQRV FDXVDGRV DR
LPyYHO GR UHTXHUHQWH QRWDGDPHQWH SDUD UHVSRQGHU DRV VHJXLQWHV
TXHVLWRVQRODXGRDVHUSURGX]LGR
 &RQVLGHUDQGR D YLVWRULD SUpYLD TXDQGR GD ORFDomR GR LPyYHO
TXDLVRVHVWUDJRVREVHUYDGRVQRLPyYHO"
'HVVHVHVWUDJRVTXDLVRIRUDPSHORGHVJDVWHQRUPDOHTXDLVR
IRUDPSHODDomRGRLQTXLOLQR"
4XDORYDORUGDVUHSDUDo}HVSDUDUHFRQGX]LURLPyYHODRVWDWXV
TXRDQWH"
 4XDO R WHPSR QHFHVViULR SDUD UHSRU R LPyYHO QDV FRQGLo}HV
DQWHULRUHV"
5HTXHULPHQWR
5HTXHUVH D H[SHGLomR GR FRPSHWHQWH PDQGDGR GH FLWDomR GR
UHTXHULGRSDUDTXHUHQGRDFRPSDQKDUDSHUtFLDUHTXHULGD
5HTXHUVH RXWURVVLP TXH D FLWDomR VHMD IHLWD SHOR FRUUHLR QRV
WHUPRVGRVDUWV,HGR&yGLJRGH3URFHVVR&LYLO
5HTXHUVHILQDOPHQWHDSURGXomRGDVSURYDVVXSUDPHQFLRQDGDV
9DORUGDFDXVD
'iVHjSUHVHQWHRYDORUGH5
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%


 7.1. PETIÇÃO REQUERENDO O CUMPRIMENTO PROVISÓRIO DE
SENTENÇA QUE RECONHECE EXIGIBILIDADE DE OBRIGAÇÃO DE
PAGAR QUANTIA CERTA

([PR6U'U-XL]GH'LUHLWRGD
3URFHVVRQž
SRUVHXVDGYRJDGRVQRVDXWRVGDDomRTXHPRYHHPIDFH
GHSURFHVVRHPHStJUDIHHPWUkPLWHSHUDQWHHVVHH-Xt]RYHP
UHVSHLWRVDPHQWH j SUHVHQoD GH 9RVVD ([FHOrQFLD SURPRYHU R
SUHVHQWH SHGLGR GH FXPSULPHQWR SURYLVyULR GH VHQWHQoD &3& DUWV
†žHHVHJXLQWHVSHODVUD]}HVGHIDWRHGHGLUHLWRDVHJXLU
DGX]LGDV
3RUIRUoDGHVHQWHQoDRH[HTXHQWHWRUQRXVHFUHGRUGDH[HFXWDGD
SHODTXDQWLDGH5FRQIRUPHFiOFXORDULWPpWLFRDQH[RRXDEDL[R
GHPRQVWUDGRTXHVHHQFRQWUDGHYLGDPHQWHDWXDOL]DGRDWpDSUHVHQWH
GDWDQRVPROGHVHVWDEHOHFLGRVQDVHQWHQoDHPUHVSHLWRDRDUW
GR&yGLJRGH3URFHVVR&LYLO
3ODQLOKDGLVFULPLQDGDGRGpELWR
1DGD REVWDQWH R 5HFXUVR (VSHFLDO PDQHMDGR SHOR RUD H[HFXWDGR
FHUWR p TXH R LQFRQIRUPLVPR QmR FRQWD FRP HIHLWR VXVSHQVLYR
QRWDGDPHQWH HP UD]mR GD QHJDWLYD GH DWULEXLomR GHVVH HIHLWR
UHTXHULGRSHORH[HFXWDGRQRVWHUPRVGRDUW†žGR&yGLJRGH
3URFHVVR&LYLOIOVRTXHDXWRUL]DDSUHVHQWHH[HFXomR
'HVVDIRUPDDH[HFXWDGDGHYHDRH[HTXHQWHDTXDQWLDGH5
([ SRVLWLV H QD IRUPD GRV DUWV  H VHJXLQWHV GR &yGLJR GH
3URFHVVR&LYLOUHTXHUVHDLQWLPDomRGRH[HFXWDGRQDSHVVRDGHVHX
DGYRJDGR &3& DUW  † ž , RX SRU FDUWD FRP DYLVR GH
UHFHELPHQWR QD IRUPD GR DUW  † ž ,, GR &3& SRVWR TXH


UHSUHVHQWDGR SRU GHIHQVRU S~EOLFR RX SRVWR TXH QmR UHSUHVHQWDGR
SRUDGYRJDGRTXHUHQXQFLRX±IOVRXSRUPHLRHOHWU{QLFRSRVWR
TXHSHVVRDMXUtGLFDQmRUHSUHVHQWDGDSRUDGYRJDGRQDIRUPDGRDUW
 † ž ,,, FF † ž GR DUW  GR &3& RX SRU HGLWDO SRVWR TXH
UHYHO QRV WHUPRV GR DUW  † ž ,9 GR &3& SDUD HIHWXDU R
SDJDPHQWR GR TXDQWXP GHPRQVWUDGR QR SUD]R GH  TXLQ]H GLDV
VRE SHQD GH DFUpVFLPR GH  GH] SRU FHQWR VREUH R YDORU
H[HFXWDGRHSHQKRUD
1mR HIHWXDGR R SDJDPHQWR UHTXHUVH GHVGH Mi DWR FRQWtQXR H
LQGHSHQGHQWHPHQWHGHQRYRSHGLGRQRVWHUPRVGRDUW†žGR
&3& D H[SHGLomR GH PDQGDGR GH SHQKRUD H DYDOLDomR RX R
EORTXHLRGHDWLYRVILQDQFHLURVSHORVLVWHPD%DFHQMXG
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

7.2. PETIÇÃO REQUERENDO O CUMPRIMENTO DEFINITIVO DE

SENTENÇA QUE RECONHECE EXIGIBILIDADE DE OBRIGAÇÃO DE
PAGAR QUANTIA CERTA

([PR6U'U-XL]GH'LUHLWRGD
3URFHVVRQž
SRUVHXVDGYRJDGRVQRVDXWRVGDDomRTXHPRYHHPIDFH
GHSURFHVVRHPHStJUDIHHPWUkPLWHSHUDQWHHVVHH-Xt]RYHP
UHVSHLWRVDPHQWH j SUHVHQoD GH 9RVVD ([FHOrQFLD SURPRYHU R
SUHVHQWH SHGLGR GH FXPSULPHQWR GH VHQWHQoD TXH UHFRQKHFH
H[LJLELOLGDGH GH REULJDomR GH SDJDU TXDQWLD FHUWD &3& DUWV  †
ž H  H VHJXLQWHV SHODV UD]}HV GH IDWR H GH GLUHLWR D VHJXLU
DGX]LGDV
3RUIRUoDGHVHQWHQoDRH[HTXHQWHWRUQRXVHFUHGRUGDH[HFXWDGD
SHODTXDQWLDGH5FRQIRUPHFiOFXORDULWPpWLFRDQH[RRXDEDL[R
GHPRQVWUDGRTXHVHHQFRQWUDGHYLGDPHQWHDWXDOL]DGRDWpDSUHVHQWH
GDWDQRVPROGHVHVWDEHOHFLGRVQDVHQWHQoDHPUHVSHLWRDRDUW


GR&yGLJRGH3URFHVVR&LYLO
3ODQLOKDGLVFULPLQDGDGRGpELWRQDIRUPDGRDUWGR&3&
3RVWD DVVLP D TXHVWmR D H[HFXWDGD GHYH DR H[HTXHQWH D TXDQWLD
GH5
([ SRVLWLV H QD IRUPD GR DUW  GR &yGLJR GH 3URFHVVR &LYLO
UHTXHUVH D LQWLPDomR GR H[HFXWDGR QD SHVVRD GH VHX DGYRJDGR
&3& DUW  † ž , RX SRU FDUWD FRP DYLVR GH UHFHELPHQWR QD
IRUPD GR DUW  † ž ,, GR &3& SRVWR TXH UHSUHVHQWDGR SRU
GHIHQVRUS~EOLFRRXSRVWRTXHQmRUHSUHVHQWDGRSRUDGYRJDGRTXH
UHQXQFLRX±IOVRXSRUPHLRHOHWU{QLFRSRVWRTXHSHVVRDMXUtGLFD
QmRUHSUHVHQWDGDSRUDGYRJDGRQDIRUPDGRDUW†ž,,,FF†ž
GR DUW  GR &3& RX SRU HGLWDO SRVWR TXH UHYHO QRV WHUPRV GR
DUW  † ž ,9 GR &3& SDUD HIHWXDU R SDJDPHQWR GR TXDQWXP
GHPRQVWUDGRQRSUD]RGHTXLQ]HGLDVVRESHQDGHDFUpVFLPRGH
GH]SRUFHQWRVREUHRYDORUH[HFXWDGRHSHQKRUD
1mR HIHWXDGR R SDJDPHQWR UHTXHUVH GHVGH Mi DWR FRQWtQXR H
LQGHSHQGHQWHPHQWHGHQRYRSHGLGRQRVWHUPRVGRDUW†žGR
&3& D H[SHGLomR GH PDQGDGR GH SHQKRUD H DYDOLDomR RX R
EORTXHLRGHDWLYRVILQDQFHLURVSHORVLVWHPD%DFHQMXG
&DVRRVDXWRVQmRVHMDPHOHWU{QLFRV
5HTXHU R H[HTXHQWH D MXQWDGD GDV SHoDV HQXPHUDGDV QRV LQFLVRV
GR SDUiJUDIR ~QLFR GR DUW  GR &yGLJR GH 3URFHVVR &LYLO FXMD
DXWHQWLFLGDGH p FHUWLILFDGD SHOR VXEVFULWRU GR SUHVHQWH UHTXHULPHQWR
VREVXDUHVSRQVDELOLGDGH
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

7.3. PETIÇÃO REQUERENDO CONSTRIÇÃO DE BENS EM RAZÃO DA

FRUSTRAÇÃO DA PENHORA INICIAL

([PR6U'U-XL]GH'LUHLWRGD


 3URFHVVRQž
SRUVHXVDGYRJDGRVQRVDXWRVGDDomRTXHPRYHHPIDFH
GHSURFHVVRHPHStJUDIHHPWUkPLWHSHUDQWHHVVHH-Xt]RYHP
UHVSHLWRVDPHQWHjSUHVHQoDGH9RVVD([FHOrQFLDH[SRUHUHTXHUHUR
TXDQWRVHJXH
,QREVWDQWH D GHWHUPLQDomR GH LQWLPDomR SDUD SDJDPHQWR D
H[HFXWDGDTXHGRXVHLQHUWHHUHVWRXLQIUXWtIHUDDWHQWDWLYDGHSHQKRUD
SHOR6U2ILFLDOGH-XVWLoDQRVWHUPRVGR†žGRDUWGR&3&
3RVWD DVVLP D TXHVWmR WHQGR HP YLVWD TXH GHFRUUHX LQ DOELV R
SUD]RSDUDSDJDPHQWRYROXQWiULRLQVFXOSLGRQRDUWGR&yGLJRGH
3URFHVVR &LYLO R YDORU GHYLGR GH 5  LPSRUWD HP  DWXDOL]DGRV
TXH DFUHVFLGR GH  PXOWD GR DUW  † ž UHVXOWD QR YDORU
GHYLGRGH5TXHDFUHVFLGRGHKRQRUiULRVGHSHODH[HFXomR
LQGHSHQGHQWHPHQWH GDTXHOHV IL[DGRV QD IDVH GH FRQKHFLPHQWR
LPSRUWDQRYDORUWRWDOGHYLGRGH5
0HPyULDGLVFULPLQDGDGRVFiOFXORV
3RVWD DVVLP D TXHVWmR PLVWHU VH ID] D SHVTXLVDEORTXHLR SHORV
VLVWHPDV%DFHQMXG,QIRMXG$ULVSH5HQDMXG
1HVWHVWHUPRVDH[HTXHQWHUHTXHUSHORYDORUH[HFXWDGR
D$UHDOL]DomRGHSHVTXLVDHOHWU{QLFDGHWLWXODULGDGHGHLPyYHLVYLD
$5,63DUWžGR3URYLPHQWR'-(GHH'-(GH
 SiJ  ± GHFLVmR QRUPDWLYD GD &RUUHJHGRULD *HUDO GD
-XVWLoD
E 2 HPSUHJR GH ,1)2-8' UHTXLVLomR GH FySLD GD GHFODUDomR GH
EHQVHQWUHJXHj5HFHLWD)HGHUDO
F 2 HPSUHJR GR 5(1$-8' SHVTXLVD H EORTXHLR GH YHtFXORV
DXWRPRWRUHV
G%$&(1-8'SHVTXLVDHEORTXHLRGHDWLYRVILQDQFHLURVH
,QVWD REVHUYDU TXH WRGDV DV SHVTXLVDVEORTXHLRV GHYHP VHU
UHDOL]DGDVHPQRPHGDH[HFXWDGD

3DUD R FRPHWLPHQWR DSUHVHQWD D H[HTXHQWH DV JXLDV GH
UHFROKLPHQWR GDV WD[DV UHVSHFWLYDV SRU IHUUDPHQWD HPSUHJDGD H SRU


&3)FRQVXOWDGR±*XLDGR)XQGR(VSHFLDOGH'HVSHVDGR7ULEXQDOGH
-XVWLoD FyGLJR  ³,PSUHVVmR GH ,QIRUPDo}HV GR 6LVWHPD
,QIRMXG%DFHQMXG5HQDMXG´ ± 3URY &60  3URY &60
H&RPXQLFDGR&60GHYHQGRD]HORVD6HUYHQWLD
REVHUYDU R SUD]R GH  KRUDV DUW  GR &3& FRQWDGR GD
DSUHVHQWDomRGDVJXLDVTXHVHJXHPDQH[DV
3RUGHUUDGHLURUHTXHURFXPSULPHQWRGRUHTXHULPHQWRVXSUDDQWHV
GH TXDOTXHU LQWLPDomR DWUDYpV GD LPSUHQVD RILFLDO RX GH TXDOTXHU
RXWUD PHGLGD FRP R HVFRSR GH HYLWDU TXH RV H[HFXWDGRV WRPHP
DQWHFLSDGDPHQWHFLrQFLDGRDWRHIUXVWUHDPHGLGD
3RVWD DVVLP D TXHVWmR MXQWDQGR DV JXLDV %$&(1-8' $5,63
,1)2-8'H5(1$-8'SDUDDVSHVTXLVDVEORTXHLRVRUDUHTXHULGRV
2X
D 1RV WHUPRV GR LQFLVR 9,, GR DUW  H DUW  GR &yGLJR GH
3URFHVVR&LYLOSRUDXWRRXWHUPRGHSHQKRUDDSHQKRUDGRDSWR
FRQIRUPHPDWUtFXODDWXDOL]DGDDQH[DjSUHVHQWH
D 'HVGH Mi R H[HTXHQWH LQGLFD R YDORU GR LPyYHO VREUH R TXDO
GHYH UHFDLU D SHQKRUD GH DFRUGR FRP DV DYDOLDo}HV DQH[DV
FRUUHVSRQGHQWHD5
e SUHFLVR REVHUYDU TXH QRV WHUPRV GD OLomR GRV SUHFODURV /XL]
5RGULJXHV :DPELHU 7HUHVD $UUXGD $OYLP :DPELHU H -RVp 0LJXHO
*DUFLD0HGLQD
³$R UHTXHUHU D UHDOL]DomR GD H[HFXomR H LQGLFDU EHQV VREUH RV
TXDLV UHFDLUi D SHQKRUD >DUW  9,, GR &3&@ SRGHUi R H[HTXHQWH
HVWLPDU R VHX YDORU &DVR R H[HFXWDGR DFHLWH R YDORU DWULEXtGR DRV
EHQVSHORH[HTXHQWHDUHDOL]DomRGHDYDOLDomRSRUDVVLVWHQWHGRMXL]
VHUiGHVQHFHVViULD´FIDUW,GR&3&DSOLFiYHODQDORJLFDPHQWH
DRFDVR
E1RVWHUPRVGRDUWGR&yGLJRGH3URFHVVR&LYLOUHTXHUVHD
QRPHDomRGHDYDOLDGRUFDVRDH[HFXWDGDQmRFRQFRUGHFRPRYDORU
RUDLQGLFDGRSHORH[HTXHQWH
F 8OWUDSDVVDGR ³LQ DOELV´ R SUD]R SDUD LPSXJQDomR D TXH DOXGH R
DUWGR&3&UHTXHUVHDGHVLJQDomRGHSUDoD
7HUPRVHPTXH


 3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

7.4. PETIÇÃO REQUERENDO O CUMPRIMENTO DE SENTENÇA (OU

DECISÃO INTERLOCUTÓRIA) QUE RECONHECE EXIGIBILIDADE
DE OBRIGAÇÃO DE PRESTAR ALIMENTOS

([PR6U'U-XL]GH'LUHLWRGD
3URFHVVRQž
SRUVHXVDGYRJDGRVQRVDXWRVGDDomRGHDOLPHQWRVTXHPRYH
HP IDFH GH  SURFHVVR HP HStJUDIH HP WUkPLWH SHUDQWH HVVH H
-Xt]R YHP UHVSHLWRVDPHQWH j SUHVHQoD GH 9RVVD ([FHOrQFLD
SURPRYHU R SUHVHQWH SHGLGR GH FXPSULPHQWR GH VHQWHQoD RX GH
GHFLVmR LQWHUORFXWyULD TXH UHFRQKHFHX REULJDomR GH SUHVWDU
DOLPHQWRV&3&DUWVHVHJXLQWHVSHODVUD]}HVGHIDWRHGLUHLWR
DVHJXLUDGX]LGDV
3RUIRUoDGHVHQWHQoDRXGHGHFLVmRLQWHUORFXWyULD R H[HTXHQWH
WRUQRXVH FUHGRU GR H[HFXWDGR SHOD TXDQWLD GH 5  FRQIRUPH
FiOFXOR DULWPpWLFR DQH[R RX DEDL[R GHPRQVWUDGR TXH VH HQFRQWUD
GHYLGDPHQWHDWXDOL]DGRDWpDSUHVHQWHGDWDQRVPROGHVHVWDEHOHFLGRV
QDGHFLVmR
3ODQLOKDGLVFULPLQDGDGRGpELWR
'HVVDIRUPDRH[HFXWDGRGHYHDRH[HTXHQWHDTXDQWLDGH5
([SRVLWLV H QD IRUPD GRV DUWV  GR &yGLJR GH 3URFHVVR &LYLO
UHTXHUVH D LQWLPDomR GR H[HFXWDGR QD SHVVRD GH VHX DGYRJDGR
&3& DUW  † ž , RX SRU FDUWD FRP DYLVR GH UHFHELPHQWR QD
IRUPD GR DUW  † ž ,, GR &3& SRVWR TXH UHSUHVHQWDGR SRU
GHIHQVRUS~EOLFRRXSRVWRTXHQmRUHSUHVHQWDGRSRUDGYRJDGRTXH
UHQXQFLRX±IOVRXSRUPHLRHOHWU{QLFRSRVWRTXHSHVVRDMXUtGLFD
QmRUHSUHVHQWDGDSRUDGYRJDGRQDIRUPDGRDUW†ž,,,FF†ž
GR DUW  GR &3& RX SRU HGLWDO SRVWR TXH UHYHO QRV WHUPRV GR
DUW  † ž ,9 GR &3& SDUD HIHWXDU R SDJDPHQWR GR TXDQWXP
GHPRQVWUDGR QR SUD]R GH  WUrV GLDV VRE SHQD GH SULVmR QRV


WHUPRVGR†žGRDUWGR&yGLJRGH3URFHVVR&LYLO
1mRHIHWXDGRRSDJDPHQWRUHTXHUVHGHVGHMiLQGHSHQGHQWHPHQWH
GDSULVmRRXGHQRYRSHGLGRDWRFRQWtQXRQRVWHUPRVGRDUW†
žGR&3&DH[SHGLomRGHPDQGDGRGHSHQKRUDHDYDOLDomRRX R
EORTXHLRGHDWLYRVILQDQFHLURVSHORVLVWHPD%DFHQMXG
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

7.5. PETIÇÃO REQUERENDO O CUMPRIMENTO DEFINITIVO DE

 SENTENÇA QUE RECONHECE EXIGIBILIDADE DE OBRIGAÇÃO DE
FAZER, NÃO FAZER OU ENTREGAR COISA

7.5.1. Pelo resultado prático equivalente

([PR6U'U-XL]GH'LUHLWRGD
3URFHVVRQž
SRUVHXVDGYRJDGRVQRVDXWRVGDDomRTXHPRYHHPIDFH
GHSURFHVVRHPHStJUDIHHPWUkPLWHSHUDQWHHVVHH-Xt]RYHP
UHVSHLWRVDPHQWH j SUHVHQoD GH 9RVVD ([FHOrQFLD SURPRYHU R
SUHVHQWH SHGLGR GH FXPSULPHQWR GH VHQWHQoD &3& DUWV  H
VHJXLQWHVSHODVUD]}HVGHIDWRHGHGLUHLWRDVHJXLUDGX]LGDV
3RUIRUoDGHVHQWHQoDRH[HTXHQWHWRUQRXVHFUHGRUGDH[HFXWDGD
GD REULJDomR GH RXWRUJDU D HVFULWXUD GR LPyYHO REMHWR GD PDWUtFXOD

([ SRVLWLV H QD IRUPD GR DUW  GR &yGLJR GH 3URFHVVR &LYLO
UHTXHUVHDH[SHGLomRGHPDQGDGRGLULJLGRDR2ILFLDOGH5HJLVWUR
GH ,PyYHLV GD  GHWHUPLQDQGR D WUDQVPLVVmR GR LPyYHO REMHWR GD
PDWUtFXOD
7HUPRVHPTXH
3HGHGHIHULPHQWR


 'DWD
$GYRJDGR2$%

7.5.2. Mediante imposição de multa (astreintes) ou busca e

apreensão

([PR6U'U-XL]GH'LUHLWRGD
3URFHVVRQž
SRUVHXVDGYRJDGRVQRVDXWRVGDDomRTXHPRYHHPIDFH
GHSURFHVVRHPHStJUDIHHPWUkPLWHSHUDQWHHVVHH-Xt]RYHP
UHVSHLWRVDPHQWH j SUHVHQoD GH 9RVVD ([FHOrQFLD SURPRYHU R
SUHVHQWH SHGLGR GH FXPSULPHQWR GH VHQWHQoD &3& DUWV  H
VHJXLQWHVSHODVUD]}HVGHIDWRHGHGLUHLWRDVHJXLUDGX]LGDV
3RUIRUoDGHVHQWHQoDRH[HTXHQWHWRUQRXVHFUHGRUGDH[HFXWDGD
GD REULJDomR GH HQWUHJD GH EHP PyYHO RX LPyYHO RX SUHVWDomR GH
DWLYLGDGH±GHVFUHYHU
([SRVLWLVHQDIRUPDGRVDUWVHGR&yGLJRGH3URFHVVR
&LYLO UHTXHUVH D LQWLPDomR GR H[HFXWDGR QD SHVVRD GR VHX
DGYRJDGR &3& DUW  † ž , RX SRU FDUWD FRP DYLVR GH
UHFHELPHQWR QD IRUPD GR DUW  † ž ,, GR &3& SRVWR TXH
UHSUHVHQWDGR SRU GHIHQVRU S~EOLFR RX SRVWR TXH QmR UHSUHVHQWDGR
SRUDGYRJDGRTXHUHQXQFLRX±IOVRXSRUPHLRHOHWU{QLFRSRVWR
TXHSHVVRDMXUtGLFDQmRUHSUHVHQWDGDSRUDGYRJDGRQDIRUPDGRDUW
†ž,,,FFR†žGRDUWGR&3&RXSRUHGLWDOSRVWRTXH
UHYHO QRV WHUPRV GR DUW  † ž ,9 GR &3& SDUD FXPSULU D
REULJDomR GH GHVFUHYHU D REULJDomR GH ID]HUSUHVWDU VHUYLoR RX
DWLYLGDGH RX GH QmR ID]HU REMHWR GD FRQGHQDomR GHWHUPLQDGR SHOD
VHQWHQoD VRE SHQD GH PXOWD GLiULD GH 5  LJXDOPHQWH IL[DGD QR
MXOJDGR -XOJDGR RX VRE SHQD GH PXOWD GLiULD GH 5 GHVGH Mi
UHTXHULGDRXRXWUDTXH9RVVD([FHOrQFLDIL[DUQRVWHUPRVGRDUW
GR&3&
2XWUDWDQGRVHGHREULJDomRGHHQWUHJDGHEHPPyYHORXLPyYHO
([SRVLWLV H QD IRUPD GRV DUWV  GR &yGLJR GH 3URFHVVR &LYLO


UHTXHUVH D H[SHGLomR GH PDQGDGR GH EXVFD H DSUHHQVmR RX
LPLVVmR QD SRVVH SRVWR WUDWDVH GH EHP LPyYHO HP IDYRU GR
H[HTXHQWH
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

7.6. PETIÇÃO REQUERENDO O CUMPRIMENTO DEFINITIVO DE

SENTENÇA QUE RECONHECE EXIGIBILIDADE DE OBRIGAÇÃO DE
PAGAR QUANTIA CERTA PELA FAZENDA PÚBLICA

([PR6U'U-XL]GH'LUHLWRGD
3URFHVVRQž
SRUVHXVDGYRJDGRVQRVDXWRVGDDomRTXHPRYHHPIDFH
GHSURFHVVRHPHStJUDIHHPWUkPLWHSHUDQWHHVVHH-Xt]RYHP
UHVSHLWRVDPHQWH j SUHVHQoD GH 9RVVD ([FHOrQFLD SURPRYHU R
SUHVHQWHSHGLGRGHFXPSULPHQWRGHVHQWHQoD&3&DUWV†žH
HSHODVUD]}HVGHIDWRHGHGLUHLWRDVHJXLUDGX]LGDV
3RUIRUoDGHVHQWHQoDRH[HTXHQWHWRUQRXVHFUHGRUGDH[HFXWDGD
SHODTXDQWLDGH5FRQIRUPHFiOFXORDULWPpWLFRDQH[RRXDEDL[R
GHPRQVWUDGRTXHVHHQFRQWUDGHYLGDPHQWHDWXDOL]DGRDWpDSUHVHQWH
GDWDQRVPROGHVHVWDEHOHFLGRVQDVHQWHQoDHPUHVSHLWRDRDUW
GR&yGLJRGH3URFHVVR&LYLO
3ODQLOKDGLVFULPLQDGDGRGpELWRQDIRUPDGRDUW
'HVVDIRUPDDH[HFXWDGDGHYHDRH[HTXHQWHDTXDQWLDGH5
([ SRVLWLV H QD IRUPD GR DUW  GR &yGLJR GH 3URFHVVR &LYLO
UHTXHUVHDLQWLPDomRGDH[HFXWDGDQDSHVVRDGRVHXUHSUHVHQWDQWH
MXGLFLDO SRU FDUJD UHPHVVD RX PHLR HOHWU{QLFR SDUD TXHUHQGR QR
SUD]RGHWULQWDGLDVHQRVSUySULRVDXWRVLPSXJQDUDH[HFXomR
1mR LPSXJQDGD D H[HFXomR RX UHMHLWDGD D LPSXJQDomR UHTXHU R
H[HTXHQWH GHVGH Mi D H[SHGLomR GH RItFLR DR SUHVLGHQWH GR WULEXQDO
SDUDH[SHGLomRGHSUHFDWyULRHPIDYRUGRH[HTXHQWH&3&DUW†


ž,
2XWUDWDQGRVHGHSHTXHQRYDORU
1mR LPSXJQDGD D H[HFXomR RX UHMHLWDGD D LPSXJQDomR UHTXHU R
H[HTXHQWHGHVGHMiDH[SHGLomRGHPDQGDGRGLULJLGRDRGHVFUHYHU
D DXWRULGDGH UHVSRQViYHO SHOR HQWH S~EOLFR QD SHVVRD GR VHX
UHSUHVHQWDQWH MXGLFLDO SDUD SDJDPHQWR QR SUD]R GH  GRLV PHVHV
PHGLDQWH GHSyVLWR QR %DQFR  WUDWDQGRVH GR EDQFR RILFLDO PDLV
SUy[LPR GD UHVLGrQFLD GR H[HTXHQWH QRV WHUPRV GR DUW  † ž ,,
GR&yGLJRGHSURFHVVR&LYLO
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

7.7. PETIÇÃO DO DEVEDOR OFERTANDO O PAGAMENTO EM

CUMPRIMENTO DE SENTENÇA QUE RECONHECE EXIGIBILIDADE
DE OBRIGAÇÃO DE PAGAR QUANTIA CERTA

([PR6U'U-XL]GH'LUHLWRGD
3URFHVVRQž
SRUVHXVDGYRJDGRVQRVDXWRVGDDomRTXHOKHPRYH
SURFHVVR HP HStJUDIH HP WUkPLWH SHUDQWH HVVH H -Xt]R YHP
UHVSHLWRVDPHQWH j SUHVHQoD GH 9RVVD ([FHOrQFLD RIHUHFHU R
SDJDPHQWR GHFRUUHQWH GD FRQGHQDomR &3& DUW  SHODV UD]}HV
GHIDWRHGHGLUHLWRDVHJXLUDGX]LGDV
3RUIRUoDGHVHQWHQoDUHTXHUHQWHWRUQRXVHGHYHGRUGDTXDQWLDGH
5  FRQIRUPH FiOFXOR DULWPpWLFR DQH[R RX DEDL[R GHPRQVWUDGR
TXH VH HQFRQWUD GHYLGDPHQWH DWXDOL]DGR DWp D SUHVHQWH GDWD QRV
PROGHVHVWDEHOHFLGRVQDVHQWHQoDHPUHVSHLWRDRDUWGR&yGLJR
GH3URFHVVR&LYLO
3ODQLOKDGLVFULPLQDGDGRGpELWRQDIRUPDGRDUWGR&3&
3RVWDDVVLPDTXHVWmRGHYHDTXDQWLDDWXDOL]DGDGH5
([ SRVLWLV H QD IRUPD GR DUW  GR &yGLJR GH 3URFHVVR &LYLO


UHTXHURGHSyVLWRGDUHIHULGDTXDQWLDEHPFRPR
DDLQWLPDomRGRFUHGRUSDUDTXHUHQGRPDQLIHVWDUVHQRSUD]RGH
FLQFRGLDV
E FRP RX VHP PDQLIHVWDomR UHTXHU GLJQHVH 9RVVD ([FHOrQFLD D
GHFODUDUVDWLVIHLWDDREULJDomRHH[WLQJXLURSURFHVVRSRUVHQWHQoDQRV
WHUPRVGRDUWGR&yGLJRGH3URFHVVR&LYLO
FFRPDH[WLQomRD FRPXQLFDomRDRGLVWULEXLGRUSDUDDVUHIHULGDV
EDL[DV
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

7.8. IMPUGNAÇÃO AO CUMPRIMENTO DE SENTENÇA – EXCESSO DE

EXECUÇÃO

([PR6U'U-XL]GH'LUHLWRGD
3URFHVVRQž
SRUVHXVDGYRJDGRVQRVDXWRVGDDomRTXHOKHPRYH
SURFHVVR HP HStJUDIH HP WUkPLWH SHUDQWH HVVH H -Xt]R YHP
UHVSHLWRVDPHQWH j SUHVHQoD GH 9RVVD ([FHOrQFLD RIHUHFHU
LPSXJQDomR&3&DUWSHODVUD]}HVGHIDWRHGHGLUHLWRDVHJXLU
DGX]LGDV
3RUIRUoDGHVHQWHQoDUHTXHUHQWHWRUQRXVHGHYHGRUGDTXDQWLDGH
5  FRQIRUPH FiOFXOR DULWPpWLFR DQH[R RX DEDL[R GHPRQVWUDGR
TXH VH HQFRQWUD GHYLGDPHQWH DWXDOL]DGR DWp D SUHVHQWH GDWD QRV
PROGHVHVWDEHOHFLGRVQDVHQWHQoDHPUHVSHLWRDRDUWGR&yGLJR
GH3URFHVVR&LYLO
3ODQLOKDGLVFULPLQDGDGRGpELWRQDIRUPDGRDUWGR&3&
1DGDREVWDQWHRH[HTXHQWHDOHJDUHMXVWLILFDUXPDGDVFDXVDVGR
†žGRDUW
3RVWDDVVLPDTXHVWmRHPFXPSULPHQWRDRDUW†žGR&3&
HQWHQGH R LPSXJQDQWH VHU FRUUHWR R YDORU GH 5  KDYHQGR


SRUWDQWRH[FHVVRGHH[HFXomRQRVWHUPRVGRDUW†žLQFLVR9
GR&yGLJRGH3URFHVVR&LYLO
([ SRVLWLV H QD IRUPD GR DUW  GR &yGLJR GH 3URFHVVR &LYLO
UHTXHU
D D FRQFHVVmR GH HIHLWR VXVSHQVLYR HLV TXH GHSRVLWD R YDORU
LQFRQWURYHUVR GH 5  D WHRU GR † ž GR DUW  GR &yGLJR GH
3URFHVVR&LYLO
EDUHPHVVDGRVDXWRVDRFRQWDGRUMXGLFLDOQRVWHUPRV†žGRDUW
GR&yGLJRGH3URFHVVR&LYLORXVXSOHWLYDPHQWHDGHVLJQDomRGH
SHUtFLD SDUD DSXUDU D H[DWLGmR GRV FiOFXORV FRQWLGRV QHVWD
LPSXJQDomR
F DR ILQDO R DFROKLPHQWR LQWHJUDO GHVWD LPSXJQDomR FRP D
GHFODUDomR GH H[DWLGmR GRV FiOFXORV DSUHVHQWDGRV H H[WLQomR GR
SURFHVVRSRUVHQWHQoDQRVWHUPRVGRDUWGR&yGLJRGH3URFHVVR
&LYLO
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

7.9. IMPUGNAÇÃO AO CUMPRIMENTO DE SENTENÇA – OUTRAS

CAUSAS

([PR6U'U-XL]GH'LUHLWRGD
3URFHVVRQž
SRUVHXVDGYRJDGRVQRVDXWRVGDDomRTXHOKHPRYH
SURFHVVR HP HStJUDIH HP WUkPLWH SHUDQWH HVVH H -Xt]R YHP
UHVSHLWRVDPHQWH j SUHVHQoD GH 9RVVD ([FHOrQFLD RIHUHFHU
LPSXJQDomR&3&DUWSHODVUD]}HVGHIDWRHGHGLUHLWRDVHJXLU
DGX]LGDV
3RUIRUoDGHVHQWHQoDUHTXHUHQWHWRUQRXVHGHYHGRUGDTXDQWLDGH
5FRQIRUPHFRQVWDGHIOV
1DGDREVWDQWHRH[HTXHQWHQmRIRLFLWDGRQDIDVHGHFRQKHFLPHQWR


HRSURFHVVRFRUUHXjUHYHOLDRXDOHJDUHMXVWLILFDUXPDGDVGHPDLV
FDXVDVGR†žGRDUW
3RVWD DVVLP D TXHVWmR R LPSXJQDQWH QmR SRGH j WRGD HYLGrQFLD
VRIUHUDSUHVHQWHH[HFXomR
([ SRVLWLV H QD IRUPD GR DUW  GR &yGLJR GH 3URFHVVR &LYLO
UHTXHU
D D FRQFHVVmR GH HIHLWR VXVSHQVLYR HLV TXH GHSRVLWD R YDORU
LQFRQWURYHUVR GH 5  RX RIHUHFH FRPR JDUDQWLD GR MXt]R R
VHJXLQWHEHP D WHRU GR † ž GR DUW  GR &yGLJR GH 3URFHVVR
&LYLORX D FRQFHVVmR GH HIHLWR VXVSHQVLYR H[FHSFLRQDOPHQWH VHP
FDXomRWHQGRHPYLVWDRVIXQGDPHQWRVGHVWDLPSXJQDomR
E DR ILQDO R DFROKLPHQWR LQWHJUDO GHVWD LPSXJQDomR FRP D
DQXODomRGRVDWRVSUDWLFDGRVHRUHFHELPHQWRGDFRQWHVWDomRDQH[D
SRVWRTXHFRPSDUHFHHVSRQWDQHDPHQWHQRVWHUPRVGRDUW†ž
GR&yGLJRGH3URFHVVR&LYLO
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%


BBBBBBBBB

1R(VWDGRGH6mR3DXOR(PRXWURV(VWDGRVYHULILFDURyUJmRUHVSRQViYHO


 8.1. AÇÃO DE CONSIGNAÇÃO EM PAGAMENTO

([PRD6UD'UD-XL]DGH'LUHLWRGD

SRUVHXVSURFXUDGRUHVGRFXPHQWRFRPHVFULWyULRQD
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omRGHFRQVLJQDomRHPSDJDPHQWR
R TXH ID] FRP IXQGDPHQWR QR DUW  H VHJXLQWHV GR &yGLJR GH
3URFHVVR&LYLOHQDVUD]}HVGHIDWRHGHGLUHLWRDVHJXLUDGX]LGDV
,±([SRVLomRGRVIDWRV
$ DXWRUD ILUPRX FRP D Up QR GLD  &RPSURPLVVR GH 9HQGD H
&RPSUD GH ,PyYHO HP FRQVWUXomR PHGLDQWH R TXDO VH REULJRX D
DGTXLULUDXQLGDGH
3RUWDOXQLGDGHVHFRPSURPHWHXDSDJDUDTXDQWLDGH5
'H IDWR HP UD]mR GR DOXGLGR FRQWUDWR GHX LQtFLR DRV SDJDPHQWRV
GXUDQWHDFRQVWUXomRGRLPyYHO
7RGDYLD DQWHV GD HQWUHJD GDV FKDYHV HP UD]mR GDV SDUFHODV
H[LJLGDVSHODUpDDXWRUDYHULILFRXDFREUDQoDGHYDORUHVGLVFUHSDQWHV
GRTXHKDYLDFRQWUDWDGR
(VVH IDWR VH GHYHX HIHWLYDPHQWH j GHVFRQVLGHUDomR SHOD Up GH
YDORUHVHIHWLYDPHQWHSDJRVSHODDXWRUDGHL[DQGRGHLQFRUSRUiORVHP
VHXVLVWHPDGH³FRQWDFRUUHQWH´
4XHVWLRQDGD D Up PRVWURXVH LQIOH[tYHO VHPSUH FRQGLFLRQDQGR D
HQWUHJDGDVFKDYHVDPDLVHPDLVSDJDPHQWRV
0RWLYDGD SHOD QHFHVVLGDGH GH UHFHEHU DV FKDYHV GR LPyYHO D
DXWRUDSDJDYDRTXHHUDH[LJLGRDQWHDSURPHVVDGHDUpWUDQVPLWLUD
SRVVHFRPRSDJDPHQWRGHPDLV³DTXHOD´SDUFHOD


 $LQGDDVVLPVHPSUHPDQLIHVWRXVHXLQFRQIRUPLVPRFRPRVYDORUHV
FREUDGRV
%DOGRV RV HVIRUoRV SDUD SDJDU R TXH HUD MXVWR H FRQWUDWXDO
YHULILFDQGRDVFREUDQoDVLOHJDLVOHYDGDV DHIHLWRSHODUpTXHVHPSUH
H[LJLD PDLV FRQGLFLRQDQGR D HQWUHJD GDV FKDYHV D QRYRV
SDJDPHQWRV D DXWRUD SDJRX SDUFHOD QR GLD  FHVVDQGR RV
SDJDPHQWRVDSDUWLUGHHQWmR
,QVWDHVFODUHFHUTXHWRPRXHVVDDWLWXGHSDUDIUHDUDVH[LJrQFLDVGD
Up GHVSLGDV GH VXSRUWH FRQWUDWXDO DWp SRUTXH DV FKDYHV GR LPyYHO
DGTXLULGRQmRIRUDPHQWUHJXHV
&RQVLGHUDGRV WRGRV RV YDORUHV HIHWLYDPHQWH SDJRV H GHYLGDPHQWH
FRPSURYDGRVQRVDXWRVDYHUGDGHpTXHD$XWRUDVHHQFRQWUDYDHP
GLD FRP VHXV SDJDPHQWRV WHQGR SDJR D TXDQWLD WRWDO GH 5 
FRQIRUPHFRPSURYDQWHVDQH[RV
3RUWDQWRIRLLOHJDODUHFXVDQDHQWUHJDGDVFKDYHV
)ULVHVHTXHRYDORUFRQWUDWDGRRULJLQDULDPHQWHpGH5
$VVLPDDXWRUDMiKDYLDSDJDGRPDLVGHGRSUHoRGRLPyYHO
5HVVDOWHVH SRUTXDQWR UHOHYDQWH TXH DV FKDYHV QmR IRUDP
HQWUHJXHVDWpDSUHVHQWHGDWDSRUFXOSD~QLFDHH[FOXVLYDGDUpTXH
SUHWHQGH UHFHEHU YDORUHV LOHJDLV H FRQGLFLRQD D HQWUHJD GR LPyYHO D
HVVHVSDJDPHQWRV
)ULVHVHTXHDSUHWHQVmRGDUpHPUHFHEHUYDORUHVLOHJDLVSHUVLVWLX
H SHUVLVWH DWp KRMH FRQIRUPH FDUWD HQYLDGD SRU HOD D $XWRUD QR GLD
QDTXDOHODH[LJHLQFOXVLYHRSDJDPHQWRGHFRWDVFRQGRPLQLDLV
TXHVHJXQGRHODVmRGHYLGDVFXMDFySLDVHJXHDQH[D
2UD ([FHOrQFLD FRPR SRGH D Up FREUDU WD[DV FRQGRPLQLDLV VH
QXQFDHQWUHJRXDVFKDYHVGRLPyYHO"
2XWURVVLP SRU LQFUtYHO TXH LVVR SRVVD SDUHFHU PHVPR VHP
HQWUHJDUDVFKDYHVSDVVRXDH[LJLUWDPEpPRSDJDPHQWRGHMXURV
2UD RV MXURV UHPXQHUDP R FDSLWDO SRVVXLQGR QDWXUH]D MXUtGLFD GH
IUXWRVFLYLV
6HQGRDVVLPWHQGRFRQVHUYDGRRLPyYHOSRUVXDRSomRHPDLVRV
YDORUHVSDJRV±PDLVGHGRSUHoRFRQYHQFLRQDGR±FRPRSRGHD


UpDLQGDFREUDUMXURVGHFDSLWDOTXHQmRVDLXGHVXDGLVSRQLELOLGDGH"
'HVWDIRUPDSHUJXQWDVHVHDSURPLWHQWHFRPSUDGRUDQmRUHFHEHX
DV FKDYHV SRUTXH D Up RSWRX SRU PDQWHU D SRVVH PHVPR WHQGR
UHFHELGRGRSUHoRTXHFRQYHQFLRQRXSDUDFREUDUYDORUHVDTXH
QmRID]MXVFRPRSRGHH[LJLUGDDXWRUDRSDJDPHQWRGRVFRQGRPtQLRV
TXH VHTXHU HVWi SDJDQGR H MXURV GH FDSLWDO TXH QmR VDLX GH VXD
HVIHUDSDWULPRQLDO"
eHYLGHQWHTXHQmRSHQVRXQLVVR
(DDXWRUDFRPRILFDPRVVHXVGLUHLWRV"
3DJRXPDLVGHGRYDORUGRLPyYHOQmRUHFHEHXDVFKDYHVH
DLQGD p FREUDGD GH YDORUHV LOHJDLV H FRQGRPtQLRV GH SHUtRGR TXH
VHTXHURFXSRXRLPyYHOWXGRSRUFXOSDGD5p
2XVHMDQRUDFLRFtQLRWRUSHGDUpDDXWRUDGHYHSDJDUSHODVFRWDV
FRQGRPLQLDLV H MXURV PHVPR TXH R FDSLWDO R LPyYHO MDPDLV WHQKD
ILFDGR j VXD GLVSRVLomR H VDtGR GD HVIHUD SDWULPRQLDO GD FRQVWUXWRUD
5pTXHRPDQWpPHDLQGDPDQWpPWRGRVRVYDORUHVTXHUHFHEHX
'LDQWHGHWDLVSUHWHQV}HVDEVROXWDPHQWHGHVFDELGDVDDXWRUDHP
GLYHUVDVRFDVL}HVGHPRQVWURXVHXLQFRQIRUPLVPRSHUDQWHDSUHWHQVD
FUHGRUDRUDUpFRQIRUPHFDUWDHQYLDGDDWUDYpVGH&DUWyULRGH7tWXORV
H'RFXPHQWRVQRGLDFXMDFySLDVHJXHDQH[D
(P VXPD EDOGRV RV HVIRUoRV SDUD TXH D 5p UHFHEHVVH DSHQDV R
TXHpGHYLGRDDXWRUDVROLFLWRXSDUHFHUGHWpFQLFRHVSHFLDOL]DGRTXH
DSXURX DV GLIHUHQoDV QRWDGDPHQWH TXDQWR j QmR LQFRUSRUDomR GH
SDJDPHQWRVTXHHIHWXRXSDUHFHUHVWHTXHVHJXHDQH[R
3RUWDQWRD5p
D ([LJLX YDORUHV LOHJDLV HP UD]mR GH GHVFRQVLGHUDU YDORUHV
HIHWLYDPHQWHSDJRVSHODDXWRUD
E ([LJLX YDORUHV D TXH QmR ID] MXV HP UD]mR GH MXURV DQWHV GD
HQWUHJDGRLPyYHORTXHpLOHJDODWHRUGRTXHGLVS}HD3RUWDULDQ
GD6HFUHWDULDGH'LUHLWR(FRQ{PLFRH
F6HUHFXVRXDHQWUHJDUDVFKDYHV
,,±'LUHLWR
D,QFLGrQFLDGHMXURVDQWHVGDHQWUHJDGDVFKDYHV


 2RUGHQDPHQWRMXUtGLFRYLJHQWHpFULVWDOLQRDRWUDWDUGDTXHVWmRGD
LQFLGrQFLDGHMXURVDQWHVGDHQWUHJDGDVFKDYHVGRLPyYHOQDH[DWD
PHGLGD TXH DIDVWD HVVD SRVVLELOLGDGH SRU FRPSOHWR FRQVLGHUDQGR
DEVROXWDPHQWHDEXVLYDWDOSUiWLFD
1HVVHVHQWLGRD3RUWDULDQGD6HFUHWDULDGH'LUHLWR(FRQ{PLFR
GR0LQLVWpULRGD-XVWLoD
$QWHV GR VHX WHRU FRQYpP YHULILFDU TXH DV SRUWDULDV GD 6HFUHWDULD
GH 'LUHLWR (FRQ{PLFR GR 0LQLVWpULR GD -XVWLoD VmR DGPLWLGDV QR
RUGHQDPHQWR MXUtGLFR HP UD]mR GD HQXPHUDomR H[HPSOLILFDWLYD GH
FOiXVXODV DEXVLYDV UHODWLYDV DR IRUQHFLPHQWR GH SURGXWRV H VHUYLoRV
FRQVWDQWHVGRDUWGD/HLQGHGHVHWHPEURGH
6HQGR DVVLP p SRVVtYHO D FRPSOHPHQWDomR GR URO GH FOiXVXODV
DEXVLYDVQRVWHUPRVGRDUWGR'HFUHWRQGHGHPDUoR
GHTXHUHJXODPHQWRXR&yGLJRGH'HIHVDGR&RQVXPLGRUSDUD
RVILQVGRDUWLQFLVR,9GHVVH'HFUHWR
1HVVHVHQWLGRQRTXHLQWHUHVVDDRGHVOLQGHGDTXHVWmR

³0LQLVWpULR'D-XVWLoD±6HFUHWDULDGH'LUHLWR(FRQ{PLFR±3RUWDULDQž
GH  GH PDUoR GH  2 6HFUHWiULR GH 'LUHLWR (FRQ{PLFR GR
0LQLVWpULR GD -XVWLoD QR XVR GH VXDV DWULEXLo}HV OHJDLV FRQVLGHUDQGR
TXH R HOHQFR GH &OiXVXODV $EXVLYDV UHODWLYDV DR IRUQHFLPHQWR GH
SURGXWRV H VHUYLoRV FRQVWDQWHV GR DUW  GD /HL Qž  GH  GH
VHWHPEUR GH  p GH WLSR DEHUWR H[HPSOLILFDWLYR SHUPLWLQGR GHVWD
IRUPD D VXD FRPSOHPHQWDomR FRQVLGHUDQGR R GLVSRVWR QR DUWLJR  GR
'HFUHWR Qž  GH  GH PDUoR GH  TXH UHJXODPHQWRX D /HL Qž
 H FRP R REMHWLYR GH RULHQWDU R 6LVWHPD 1DFLRQDO GH 'HIHVD
GR &RQVXPLGRU QRWDGDPHQWH SDUD R ILP GH DSOLFDomR GR GLVSRVWR QR
LQFLVR,9GRDUWGHVVH'HFUHWREHPDVVLPSURPRYHUDHGXFDomRHD
LQIRUPDomRGHIRUQHFHGRUHVHFRQVXPLGRUHVTXDQWRDRVVHXVGLUHLWRVH
GHYHUHV FRP D PHOKRULD WUDQVSDUrQFLD KDUPRQLD HTXLOtEULR H ERDIp
QDV UHODo}HV GH FRQVXPR FRQVLGHUDQGR TXH GHFLV}HV MXGLFLDLV
GHFLV}HV DGPLQLVWUDWLYDV GH GLYHUVRV 352&21V H HQWHQGLPHQWRV GRV
0LQLVWpULRV 3~EOLFRV SDFLILFDP FRPR DEXVLYDV DV FOiXVXODV D VHJXLU
HQXPHUDGDVUHVROYH'LYXOJDURVHJXLQWHHOHQFRGHFOiXVXODVDVTXDLV
QDIRUPDGRDUWLJRGD/HLQžGHGHVHWHPEURGHHGR
DUWLJR  GR 'HFUHWR Qž  GH  GH PDUoR GH  FRP R REMHWLYR
GH RULHQWDU R 6LVWHPD 1DFLRQDO GH 'HIHVD GR &RQVXPLGRU VHUmR


 FRQVLGHUDGDV FRPR DEXVLYDV QRWDGDPHQWH SDUD ILP GH DSOLFDomR GR
GLVSRVWRQRLQFLVR,9GRDUWGR'HFUHWRQž

 (VWDEHOHoD QR FRQWUDWR GH YHQGD H FRPSUD GH LPyYHO D LQFLGrQFLD
GHMXURVDQWHVGDHQWUHJDGDVFKDYHV´

'HYHUDV DQWHV GD HQWUHJD GDV FKDYHV R GHYHGRU QmR GLVS}H GR

FDSLWDOTXHVHHQFRQWUDQDHVIHUDSDWULPRQLDOGRFUHGRUTXHSRUHVVD
VLPSOHVUD]mRQmRSRGHFREUDUWDOUHPXQHUDomR
1R YHUWHQWH FDVR YHULILFDVH FRP PHULGLDQD FODUH]D TXH D FXOSD
SHODQmRHQWUHJDGRLPyYHOpH[FOXVLYDGDUpTXHGHYHDUFDUFRPVXD
RPLVVmR
1mR HQWUHJRX DV FKDYHV SRU UHSXWDU VHU FUHGRUD HP UD]mR GH
GHVFRQVLGHUDUYDORUHVHIHWLYDPHQWHSDJRV
(PVXPDQmRVHSRGHLPSXWDUjDXWRUDDREULJDomRGHSDJDUMXURV
VH R TXH RV PRWLYRX IRL j FRQGXWD LOtFLWD H UHSURYiYHO GD Up
FRQVLVWHQWHHPGHVFRQVLGHUDUYDORUHVHIHWLYDPHQWHSDJRVSHODDXWRUD
GHL[DQGR GH ODQoiORV HP VHX VLVWHPD GH ³FRQWDFRUUHQWH´ H VH
UHFXVDQGRDHQWUHJDUDVFKDYHV
E3RVVLELOLGDGHGHGLVFXVVmRGRYDORUHPFRQVLJQDomR
$ FRQVLJQDomR HP SDJDPHQWR SRGH VHU GHILQLGD FRPR R GHSyVLWR
MXGLFLDO RX H[WUDMXGLFLDO GD FRLVD GHYLGD QRV FDVRV H IRUPDV OHJDLV
FXMRUHVXOWDGRpDH[WLQomRGDREULJDomR
6HQGR DVVLP DOpP GH OLEHUDU R GHYHGRU SRGH FRQILJXUDU PHLR GH
GLVFXVVmR GR YDORU LQGHYLGDPHQWH FREUDGR FRPR RFRUUH QR FDVR
YHUWHQWH
e QHVVH VHQWLGR D PDLV UHFHQWH SRVLomR GR 6XSHULRU 7ULEXQDO GH
-XVWLoD

³$JUDYR UHJLPHQWDO $JUDYR GH LQVWUXPHQWR $omR GH FRQVLJQDomR HP

SDJDPHQWR 'LVFXVVmR VREUH R YDORU GR GpELWR 5HYLVmR GH FOiXVXODV
FRQWUDWXDLV 3RVVLELOLGDGH ([LVWrQFLD GH RXWUD DomR GLVFXWLQGR R
TXDQWXP 3UHTXHVWLRQDPHQWR $XVrQFLD  e SDFtILFD D MXULVSUXGrQFLD
GHVWD &RUWH QR VHQWLGR GH TXH SRGH VHU GLVFXWLGR HP VHGH GH DomR
FRQVLJQDWyULDRYDORUGRGpELWRPHVPRTXHLVVRLPSOLTXHQDUHYLVmRGH
FOiXVXODV FRQWUDWXDLV  $ PDWpULD UHIHUHQWH j H[LVWrQFLD GH RXWUR


 SURFHVVR QR TXDO VH GLVFXWH R YDORU GD GtYLGD QmR IRL REMHWR GH GHFLVmR
SHOR 7ULEXQDO GH RULJHP UHVVHQWLQGRVH R UHFXUVR GD IDOWD GH
SUHTXHVWLRQDPHQWR  $JUDYR UHJLPHQWDO LPSURYLGR´ $J5J QR $J
5- ± 5HO 0LQLVWUR )HUQDQGR *RQoDOYHV ± 4XDUWD 7XUPD ±
MXOJDGRHP±'-±S
³$JUDYR HP 5HFXUVR (VSHFLDO &RQVLJQDWyULD /LPLWHV )LUPH R
HQWHQGLPHQWR GHVWD &RUWH QR VHQWLGR GD SRVVLELOLGDGH GH GLVFXVVmR GR
GpELWR H GR UHVSHFWLYR YDORU HP VHGH GH DomR FRQVLJQDWyULD
6XEVLVWHQWHVRVIXQGDPHQWRVGRGHFLVyULRDJUDYDGRQHJDVHSURYLPHQWR
DR DJUDYR´ $J5J QR 5(VS &( ± 5HO 0LQLVWUR &HVDU $VIRU
5RFKD ± 4XDUWD 7XUPD ± MXOJDGR HP  ± '-  S


267-WHPHQWHQGLGRTXHVHTXHURGHSyVLWRDLQGDTXHLQVXILFLHQWH
± TXH QmR p R FDVR GR YHUWHQWH SURFHVVR ± SRGH HQVHMDU D
LPSURFHGrQFLDWRWDOGRSHGLGR

³3URFHVVRFLYLO±UHFXUVRHVSHFLDO±LQIULQJrQFLDDRVDUWVH††ž
H ž GR &3& >DWXDO &3& DUWV  H  †† ž H ž@  DXVrQFLD GH
SUHTXHVWLRQDPHQWR ± 6~PXODV 67) H 67- ± DomR GH
FRQVLJQDomR HP SDJDPHQWR ± LQVXILFLrQFLD GR GHSyVLWR ± SDUFLDO
SURFHGrQFLDGRSHGLGR±VDOGRUHPDQHVFHQWH±WtWXORH[HFXWLYRMXGLFLDO±
VXFXPErQFLD UHFtSURFD ± GLVWULEXLomR SURSRUFLRQDO GDV GHVSHVDV
SURFHVVXDLVHKRQRUiULRVDGYRFDWtFLRV
±1mRHQVHMDLQWHUSRVLomRGHUHFXUVRHVSHFLDOPDWpULDVQmRYHQWLODGDV
QRYMXOJDGRLPSXJQDGRDUWVH††žHžGR&3&,QFLGrQFLD
GDV 6~PXODV 67) H 67- FI 5(VS Qž 63 GH PLQKD
5HODWRULD '- GH   ± (VWD &RUWH GH 8QLIRUPL]DomR
,QIUDFRQVWLWXFLRQDO ILUPRX HQWHQGLPHQWR QR VHQWLGR GH TXH R GHSyVLWR
HIHWXDGRDPHQRUHPDomRGHFRQVLJQDomRHPSDJDPHQWRQmRDFDUUHWD
D WRWDO LPSURFHGrQFLD GR SHGLGR QD PHGLGD HP TXH D REULJDomR p
SDUFLDOPHQWH DGLPSOLGD SHOR PRQWDQWH FRQVLJQDGR DFDUUHWDQGR D
OLEHUDomR SDUFLDO GR GHYHGRU 2 UHVWDQWH GR GpELWR UHFRQKHFLGR SHOR
MXOJDGRU SRGH VHU REMHWR GH H[HFXomR QRV SUySULRV DXWRV GD DomR
FRQVLJQDWyULDFI5(VSQž6&5HO0LQLVWUR%DUURV0RQWHLUR'-
GH5(VSQž725HO0LQLVWUD1DQF\$QGULJKL'-GH
 5(VS Qž 6& 5HO 0LQLVWUR 5X\ 5RVDGR GH $JXLDU
'- GH  $J5J QR 5(VS Qž 63 5HO 0LQLVWUR $OGLU
3DVVDULQKR-~QLRU '- GH  5(VS Qž 5- 5HO 0LQLVWUR


 %DUURV0RQWHLUR'-GH±5HFXUVRFRQKHFLGRDSHQDVSHOR
GLVVtGLR H QHVWD SDUWH SURYLGR SDUD MXOJDU SDUFLDOPHQWH SURFHGHQWH D
DomR GH FRQVLJQDomR HP SDJDPHQWR GHFODUDQGR D H[WLQomR SDUFLDO GD
REULJDomR H D SRVVLELOLGDGH GH H[HFXomR GR VDOGR UHPDQHVFHQWH QRV
PHVPRV DXWRV 'HVSHVDV SURFHVVXDLV H KRQRUiULRV DGYRFDWtFLRV
UHFLSURFDPHQWH VXSRUWDGRV SHODV SDUWHV QD SURSRUomR GH  SDUD
FDGDXPDPDQWLGRRYDORUIL[DGRQRYDFyUGmRUHFRUULGRSHUPLWLQGRVH
D FRPSHQVDomR QRV WHUPRV GD OHL´ 5(VS 56 ± 5HO 0LQLVWUR
-RUJH 6FDUWH]]LQL ± 4XDUWD 7XUPD ± MXOJDGR HP  ± '-
S

'HVVDIRUPDFRPRGHSyVLWRGRYHUGDGHLURYDORUGHYLGRRTXDOVH
HIHWXRXSRURFDVLmRGDGLVWULEXLomRDSUHVHQWHDomRFRQILJXUDVHYLD
DGHTXDGDSDUDGLVFXWLUVHRUHDOYDORUGRGpELWROLEHUDQGRD$XWRUDGD
REULJDomR
F ,OHJDOLGDGH GD LQFOXVmR GR QRPH GD DXWRUD QRV yUJmRV GH
SURWHomRDRFUpGLWR
e SUHFLVR REVHUYDU TXH RV FDGDVWURV GH LQDGLPSOHQWHV LQIULQJHP
JULWDQWHPHQWHD&RQVWLWXLomR)HGHUDOQDH[DWDPHGLGDHPTXHMRJDQD
PDUJLQDOLGDGH FLGDGmRV GHFHQWHV TXH QR SUHVHQWH PRPHQWR OXWDP
SDUDVHPDQWHUQRFDPLQKRGDUHWLGmRILQDQFHLUD
$VVLP ID]HP PDQFKDQGR VXD ILFKD FDGDVWUDO LPSHGLQGRRV GH
UHHPSUHJDUVHKXPLOKDQGRRVSHUDQWHDVRFLHGDGHHVHXVIDPLOLDUHV
IHULQGR DOpP GH SUHFHLWRV OHJDLV RV SULQFtSLRV DWLQHQWHV DRV GLUHLWRV
KXPDQRV
2 VLVWHPD MXUtGLFR DR FRQWUiULR GR TXH SHQVDP DOJXQV HVWLSXOD D
JDUDQWLDGHTXHRGHYHGRUQmRSRGHVHUFRQVWUDQJLGR
7DO VH Gi H[DWDPHQWH HP YLUWXGH GD /HL Q  TXH QR DUW
GLVS}HTXHQDFREUDQoDGHGpELWRVRFRQVXPLGRULQDGLPSOHQWHQmR
VHUi H[SRVWR DR ULGtFXOR QHP VHUi VXEPHWLGR D TXDOTXHU WLSR GH
FRQVWUDQJLPHQWRRXDPHDoD
1D MXULVSUXGrQFLD p SDFtILFR R HQWHQGLPHQWR VHJXQGR R TXDO QR
FDVRGHDGtYLGDHVWDUVHQGRTXHVWLRQDGDMXGLFLDOPHQWHpLQGHYLGDD
QHJDWLYDomR
1HVVHVHQWLGRGHFLVmRGR7ULEXQDOGH-XVWLoDGH6mR3DXOR


 7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³%DQFR GH 'DGRV ± 6(5$6$ ±
3UHWHQVmR j UHWLUDGD GR QRPH GRV GHYHGRUHV GRV FDGDVWURV GH
LQDGLPSOHQWHV ± $GPLVVLELOLGDGH ± 'LUHLWR DR ERP QRPH j LPDJHP H
GLJQLGDGH GD SHVVRD SURWHJLGRV FRQVWLWXFLRQDOPHQWH ± $QRWDomR
HIHWLYDGDHPGHFRUUrQFLDGDGLVWULEXLomRGHDomRGHH[HFXomRFRQWUDRV
DXWRUHV ± &RQYrQLR ILUPDGR FRP D &*- TXH QmR SRGH VREUHSRUVH jV
JDUDQWLDV IXQGDPHQWDLV GD &DUWD 0DJQD ± $UWLJRV ž LQFLVR ,,, H ž
LQFLVR ; GD &RQVWLWXLomR )HGHUDO ± 1HFHVVLGDGH GH DXWRUL]DomR GD
SHVVRD SDUD GLYXOJDomR GD LQIRUPDomR ± 'LVFXVVmR ³VXE MXGLFH´ GR
FUpGLWR H[HTXHQGR TXH DIDVWD D OHJLWLPLGDGH GD QHJDWLYDomR ± ([FOXVmR
GR QRPH GHWHUPLQDGD ± 5HFXUVR SURYLGR SDUD HVVH ILP´ $JUDYR GH
,QVWUXPHQWR±6mR3DXOR±5HO6RUWHDGR5L]]DWWR1XQHV±
&kPDUD([WLQWRž7$&±-XOJDPHQWR

6RPHVH D LVVR R IDWR GH D QHJDWLYDomR QmR DSURYHLWDU R FUHGRU

VHUYLQGRDSHQDVSDUDSUHMXGLFDUDLPDJHPGDDXWRUDQRPHUFDGR
9HMD9RVVD([FHOrQFLDDSRVLomRGR67-

6XSHULRU 7ULEXQDO GH -XVWLoD ³&LYLO ÏUJmRV GH SURWHomR DR FUpGLWR
&DQFHODPHQWR QRV UHVSHFWLYRV FDGDVWURV GR UHJLVWUR GR QRPH GR
GHYHGRU 3HQGrQFLD MXGLFLDO $ MXULVSUXGrQFLD GR 6XSHULRU 7ULEXQDO GH
-XVWLoD ILUPRXVH FRQWUD PHX HQWHQGLPHQWR QR VHQWLGR GH TXH
SHQGHQWH GLVFXVVmR MXGLFLDO GR GpELWR R UHJLVWUR GR QRPH GR GHYHGRU
GHYH VHU H[FOXtGR GRV FDGDVWURV GH yUJmRV GH SURWHomR DR FUpGLWR
$JUDYR UHJLPHQWDO QmR SURYLGR´ $J5J QR 5(VS 0* ± 5HO
0LQLVWUR $UL 3DUJHQGOHU ± 7HUFHLUD 7XUPD ± MXOJDGR HP  ± '-
S
6XSHULRU 7ULEXQDO GH -XVWLoD ³&LYLO H 3URFHVVXDO &LYLO ,QVFULomR QR
6(5$6$3UHYLVmROHJDO $omRUHYLVLRQDO 7XWHODDQWHFLSDGD3HUPLVVmR
GR UHJLVWUR SHOR WULEXQDO HVWDGXDO 'HVFDELPHQWR /HL Q  $57
†ž,/HJtWLPRpRSURFHGLPHQWRDGRWDGRSHODLQVWLWXLomRILQDQFHLUD
HPLQVFUHYHUDHPSUHVDGHYHGRUDLQDGLPSOHQWHHPFDGDVWURGHSURWHomR
DRFUpGLWRSRUDXWRUL]DGRQDOHJLVODomRSHUWLQHQWH,,&DVRWRGDYLDHP
TXH PRYLGD DomR GH UHYLVmR GH FRQWUDWR KDYHQGR GLVFXVVmR MXUtGLFD
VREUHRGpELWRSHUWLQHQWHDFRQFHVVmRGHWXWHODDQWHFLSDGDSDUDHYLWDUD
LQVFULomRVRESHQDGHVHIUXVWUDUDRPHQRVHPSDUWHRGLUHLWRGHIXQGR
GLVFXWLGRSHODLPHGLDWDSHUGDGDFUHGLELOLGDGHGRPXWXiULRQDSUDoDHP
TXH DWXD ,,, 5HFXUVR FRQKHFLGR H SURYLGR´ 5(VS 63
 ± 5HODWRU 0LQLVWUR $OGLU 3DVVDULQKR -XQLRU ± '-


 S
6XSHULRU 7ULEXQDO GH -XVWLoD ³$omR UHYLVLRQDO GH FRQWUDWR 'tYLGD HP
MXt]R 5HJLVWUR GR GHYHGRU HP FDGDVWUR GH LQDGLPSOHQWH 7XWHOD
DQWHFLSDGD &DEtYHO R SHGLGR GH DQWHFLSDomR GH WXWHOD SDUD SOHLWHDU D
H[FOXVmRGRQRPHGRGHYHGRUGHFDGDVWURGHLQDGLPSOHQWHVSRULQWHJUDU
R SHGLGR PHGLDWR GH QDWXUH]D FRQVHTXHQFLDO 3UHFHGHQWHV 5(VS Qž
5- H $J5J 1R $J Qž 56 (VWDQGR R PRQWDQWH GD
GtYLGDVHQGRREMHWRGHGLVFXVVmRHPMXt]RSRGHR0DJLVWUDGRFRQFHGHU
D DQWHFLSDomR GD WXWHOD SDUD REVWDU R UHJLVWUR GR QRPH GR GHYHGRU QRV
FDGDVWURV GH SURWHomR DR FUpGLWR 5HFXUVR HVSHFLDO QmR FRQKHFLGR´
5(VS 56  ±  ± 4XDUWD 7XUPD ±
5HODWRU0LQLVWUR%DUURV0RQWHLUR±'-S
6XSHULRU 7ULEXQDO GH -XVWLoD ³$omR UHYLVLRQDO 'tYLGD HP MXt]R
&DGDVWUR GH LQDGLPSOHQWHV 6HUDVD 63& &DGLQ ,QVFULomR
,QDGHTXDomR 3UHFHGHQWHV GR WULEXQDO 1RV WHUPRV GD MXULVSUXGrQFLD
GHVWD &RUWH HVWDQGR D GtYLGD HP MXt]R LQDGHTXDGD HP SULQFtSLR D
LQVFULomR GR GHYHGRU QRV yUJmRV FRQWURODGRUHV GH FUpGLWR´ 5HFXUVR
(VSHFLDO Q 3(  ± 'HFLVmR SRU XQDQLPLGDGH QmR
FRQKHFHU GR UHFXUVR ± 'DWD  ± 4XDUWD 7XUPD ± 5HODWRU
0LQLVWUR6iOYLRGH)LJXHLUHGR7HL[HLUD±'-S

1mRGHIRUPDGLIHUHQWH

³%DQFR GH GDGRV ± 6HUDVD ± ,PSRVVLELOGLDGH GH DQRWDomR GR QRPH GRV
VXSRVWRV GHYHGRUHV HQTXDQWR DLQGD SHQGHQWH GH GLVFXVVmR GR GpELWR ±
3RVLomR GD &kPDUD DOWHUDGD ± $omR FDXWHODU SURFHGHQWH´ 3URFHVVR
±5HFXUVRPHGLGDFDXWHODU±2ULJHP6mR3DXOR±ÏUJmR
MXOJDGRU  &kPDUD ± MXOJDPHQWR  ± 5HODWRU (YHUDOGR GH
0HOR&RORPEL±5HYLVRU9DVFRQFHOORV%RVHOOL
³0HGLGD FDXWHODU ± VXVWDomR GH SURWHVWR ± FRQWUDWR GH IRUQHFLPHQWR
EDQFiULR±GHIHULPHQWRGDOLPLQDULPSRVVLELOLGDGHGHLQVFULomRGRQRPH
GR UHFRUUHQWH QR FDGDVWUR GH LQDGLPSOHQWHV GR 6(5$6$ YLVWR TXH R
PRQWDQWHGRGpELWRVHDFKD³VXEMXGLFH´±UHFXUVRSURYLGRSDUDHVVHILP´
$JUDYR GH ,QVWUXPHQWR Qž  ± 6mR 3DXOR ±  &kPDUD ±
-XOJDPHQWR  ± 5HODWRU 0DVVDPL 8\HGD ± 'HFLVmR
8QkQLPH

&HUWRpTXHDVH[SUHVV}HV³QHJDWLYDU´H³QHJDWLYDomR´OHPEUDPDV
DQWLJDV PDUFDV GH LQLTXLGDGH TXH H[LVWLDP QRV SULPyUGLRV GD


VRFLHGDGHPHGLDQWHDVTXDLVRVLQtTXRVHUDPSXQLGRVSHODSHUGDGR
QDUL]DVVtULRV
(P )UDQoD GR 5HL /XL] ;,,, DV PXOKHUHV GHVRQHVWDV DWUDYpV GH
IHUUHWHHPEUDVDHUDPPDUFDGDVFRPXPDIORUGHOLV
+RMHSRXFDFRLVDPXGRX
(PYHUGDGHDJUDYRXVH
2V VXSRVWRV GHYHGRUHV VmR PDUFDGRV DWUDYpV GRV IHUUHWHV GD
PRGHUQDWHFQRORJLDRQOLQHYLDPRGHPID[VDWpOLWHHWF
2UD 1REUH -XOJDGRU HVVH MXt]R VXPiULR H LQIOH[tYHO GHYH VHU GH
DOJXPDIRUPDFRQWLGRHPXP(VWDGR'HPRFUiWLFRGH'LUHLWR
%HP SRU LVVR R &'& FRORFRX IUHLR DRV yUJmRV TXH D VL DUURJDP H
DWULEXHPDSUHUURJDWLYDGHGL]HUTXHPpKRQHVWRTXHPpGHVRQHVWR
TXHP SRGH FRPHUFLDU H TXHP QmR SRGH TXHP WHUi DFHVVR DR
PHUFDGRGHWUDEDOKRHDRFUpGLWRHTXHPVHUiH[FOXtGR
$TXHVWmRVHDSUHVHQWDDLQGDPDLVJUDYHQDH[DWDPHGLGDHPTXH
VHYHULILFDQRFDVRYHUWHQWHTXHDQHJDWLYDomRGD$XWRUDTXHGLVFXWH
D FRUUHWD FREUDQoD OHYDGD D HIHLWR DSHQDV LUi SUHMXGLFiOD QR
PHUFDGRFRQVWUDQJHQGRDDGHL[DUGHUHLYLQGLFDUVHXVGLUHLWRVRTXH
FROLGH YLROHQWDPHQWH FRP R PDQGDPHQWR LQVFXOSLGR QR DUW ž LQF
;;;9 GD &RQVWLWXLomR )HGHUDO TXH JDUDQWH D QmR H[FOXVmR GH
DPHDoDRXOHVmRGHGLUHLWRVGDDSUHFLDomRGR3RGHU-XGLFLiULR
$GHPDLV D $XWRUD p VyFLD GH HPSUHVD H WDO PiFXOD HVWi OKH
FDXVDQGR GLYHUVRV WUDQVWRUQRV H SUHMXt]RV DWUDSDOKDQGR
VXEVWDQFLDOPHQWH VHXV QHJyFLRV R TXH QmR DSURYHLWD HP QDGD DR
FUHGRU H DSHQDV D SUHMXGLFD ILQDQFHLUDPHQWH WRUQDQGR DLQGD PDLV
GLItFLOTXHDPHVPDKRQUHFRPVHXVFRPSURPLVVRV
3RUWDQWRDH[FOXVmRGRQRPHGD$XWRUDGRVyUJmRVGHUHVWULomRDR
FUpGLWR p PHGLGD LPSHUDWLYD H GHYH VH GDU GH IRUPD LPHGLDWD VRE
SHQDGHLPSLQJLUOKHSUHMXt]RVGHGLItFLOVHQmRLPSRVVtYHOUHSDUDomR
G9DORUGHSRVLWDGRHGDWXWHODSURYLVyULDGHXUJrQFLD
$ DXWRUD FRPR Mi PHQFLRQDGR VROLFLWRX SDUHFHU GH WpFQLFR
HVSHFLDOL]DGR TXH DSXURX DV GLIHUHQoDV QRWDGDPHQWH TXDQWR j QmR
LQFRUSRUDomRGHSDJDPHQWRVTXHHIHWXRXEHPFRPRGDFREUDQoDGH
MXURVLOHJDLV


 (VVHSDUHFHUDSXURXVXDGtYLGDUHDODWpDGDWDGDSURSRVLWXUDGHVWD
DomRGLIHUHQWHGRYDORULQMXVWDPHQWHFREUDGRSHODUp
3RVWD DVVLP D TXHVWmR IRL DSXUDGR R UHDO YDORU GHYLGR TXDO VHMD
5
'HVVD IRUPD D DXWRUD QD RFDVLmR GD GLVWULEXLomR GHVWD DomR
SURYLGHQFLRX R GHSyVLWR GH DOXGLGD TXDQWLD TXH VH HQFRQWUD j
GLVSRVLomR GHVWH H -Xt]R FRQIRUPH FRPSURYD D JXLD GH GHSyVLWR
MXGLFLDODQH[DjSUHVHQWH
6HQGR DVVLP QDGD REVWD D DQWHFLSDomR SDUFLDO GD WXWHOD D VHU
FRQFHGLGD LQDXGLWD DOWHUD SDUV QR VHQWLGR GH GHWHUPLQDU D LPHGLDWD
HQWUHJDGDVFKDYHVD$XWRUDEHPFRPRDH[FOXVmRGHVHXQRPHGRV
FDGDVWURVGRVyUJmRVGHUHVWULo}HVDRFUpGLWR
)ULVHVH TXH HP DPEDV DV TXHVW}HV VH ID] SUHPHQWH D
QHFHVVLGDGH GH FRQFHVVmR GD WXWHOD SUHWHQGLGD SDUD R ILP GH QRV
WHUPRVGRVDUWVHGR&yGLJRGH3URFHVVR&LYLO
DQRSULPHLURFDVRFRQFHGHQGRVHDVFKDYHVDIDVWDUGLVFXVV}HV
IXWXUDV D UHVSHLWR GDV FRWDV FRQGRPLQLDLV TXH YHQKDP D YHQFHU QR
FXUVR GD SUHVHQWH GHPDQGD JDUDQWLQGR DVVLP j DXWRUD TXH Mi
SDJRX5GRV5FRQWUDWDGRVRULJLQDOPHQWHVHXOtGLPRGLUHLWR
GHRFXSDURLPyYHOTXHDGTXLULX
E QR VHJXQGR FDVR GD QHJDWLYDomR HYLWDU SUHMXt]RV GH GLItFLO
VHQmR LPSRVVtYHO UHSDUDomR j DXWRUD TXH p HPSUHViULD H QmR SRGH
GH IRUPD DOJXPD WHU VHX QRPH PDFXODGR LQMXVWDPHQWH PRUPHQWH
DQWHDGHPRQVWUDomRGHVXDERDIpGHSRVLWDQGRDQWHFLSDGDPHQWHR
YDORU GH IDWR GHYLGR H TXH Vy QmR IRL SDJR DQWHV HP UD]mR GD
FREUDQoDLQGHYLGDOHYDGDDHIHLWRSHODUp
5HSLWDVHTXHQRTXHSHUWLQHjHQWUHJDGDVFKDYHVFRPRGHSyVLWR
HIHWXDGRGH5VRPDGRDRYDORUGH5MiSDJRVUHVWDTXHD
DXWRUDMiSDJRX5
3RVWD DVVLP D TXHVWmR R YDORU GR LPyYHO RULJLQDOPHQWH FRQWUDWDGR
Mi IRL SUDWLFDPHQWH SDJR UHVWDQGR WmR VRPHQWH D GLVFXVVmR QRV
SUHVHQWHV DXWRV GR YDORU D VHU SDJR D WtWXOR GH MXURV TXH QR
HQWHQGLPHQWRGDDXWRUDQmRFDEHPDWpDHQWUHJDGDVFKDYHV
4XDQWR j TXHVWmR GH R QRPH GD DXWRUD HVWDU FRQVWDQGR QRV


FDGDVWURV GRV yUJmRV GH UHVWULo}HV DR FUpGLWR ID]VH LJXDOPHQWH
PLVWHU D FRQFHVVmR GD DQWHFLSDomR SDUFLDO GD WXWHOD SDUD D LPHGLDWD
H[FOXVmR HLV TXH R GpELWR VXSRVWDPHQWH GHYLGR H FREUDGR IRL
GHSRVLWDGRUHVWDQGRDGLVFXVVmRHP-Xt]RGHDSHQDVXPDSHTXHQD
SDUWHQRWRFDQWHDRVMXURV
9HMDVHTXHRIXQGDPHQWRGDSUHVHQWHGHPDQGDpUHOHYDQWHHHVWi
SUHVHQWH R IXQGDGR UHFHLR GH LQHILFiFLD GR SURYLPHQWR ILQDO VHQGR
SRUWDQWR OtFLWD j FRQFHVVmR GD WXWHOD OLPLQDUPHQWH LQDXGLWD DOWHUD
SDUWH
1HVVHVHQWLGR
D3UREDELOLGDGHGRGLUHLWR
2VGRFXPHQWRVTXHLQVWUXHPDLQLFLDOVmRUREXVWRVHSURSRUFLRQDP
DFRQFOXVmRGHTXHRSOHLWRGD$XWRUDpMXVWR
6HJXHDQH[RDRVDXWRVRFRQWUDWRILUPDGRSHODVSDUWHV
(VVH FRQWUDWR VRPDGR DRV FRPSURYDQWHV GH SDJDPHQWR GDV
SDUFHODV TXLWDGDV DRV FRPXQLFDGRV WURFDGRV HQWUH DV SDUWHV TXH
FRPSURYDPDLQWHQomRGHFREUDQoDGHYDORUHVLOHJDLVjGLVFRUGkQFLD
GD $XWRUD j QRWLILFDomR TXH LQIRUPRX D LQFOXVmR GR QRPH GD $XWRUD
QR 6HUDVD DR ODXGR SUHSDUDGR SRU WpFQLFR HVSHFLDOL]DGR H DRV
GHPDLV GRFXPHQWRV LQGLFDP D YHURVVLPLOKDQoD GDV DOHJDo}HV
FRQWLGDVQHVWDH[RUGLDO
(P VtQWHVH WRGRV RV GRFXPHQWRV DFRVWDGRV j LQLFLDO FRUURERUDP
SDUD R HQWHQGLPHQWR GH TXH DV DOHJDo}HV WHFLGDV SHOD $XWRUD VmR
YHURVVtPHLVUHIOHWHPDUHDOLGDGHGRVIDWRVHHVWHVSRUVLVyGHQRWDP
RV DEXVRV FRPHWLGRV SHOD 5p H D LQMXVWLoD TXH UHVWDULD FRQILJXUDGD
FDVR D $XWRUD VHMD SULYDGD GH WRPDU SRVVH GR LPyYHO SHOR TXDO Mi
SDJRX YXOWRVD TXDQWLD EHP FRPR WHQKD VHX QRPH PDQWLGR QRV
FDGDVWURV GRV yUJmRV GH UHVWULomR DR FUpGLWR WHQGR Mi SDJR TXDVH D
WRWDOLGDGHGRYDORUGRLPyYHO
E)XQGDGRUHFHLRGHGDQRLUUHSDUiYHORXGHGLItFLOUHSDUDomR
2IXQGDGRUHFHLRGHGDQRLUUHSDUiYHORXGHGLItFLOUHSDUDomRHPHUJH
GR VHJXLQWH IDWR FDVR D $XWRUD QmR WRPH SRVVH GR LPyYHO DJRUD
IXWXUDPHQWHVXUJLUmRGLVFXVV}HVDUHVSHLWRGHTXHPVHUiUHVSRQViYHO
SHOR SDJDPHQWR GDV FRWDV FRQGRPLQLDLV TXH YHQKDP D YHQFHU QR


FXUVRGDSUHVHQWHGHPDQGDEHPFRPRGRVSUHMXt]RVILQDQFHLURVTXH
D$XWRUDLUiH[SHULPHQWDUHPUD]mRGDPDQXWHQomRGHVHXQRPHQRV
FDGDVWURV GRV yUJmRV GH UHVWULo}HV DR FUpGLWR XPD YH] TXH p
HPSUHViULD H QHFHVVLWD HVWDU FRP R QRPH OLPSR SDUD SRGHU H[HUFHU
DWLYLGDGHPHUFDQWLOHWHUDFHVVRDFUpGLWRQRPHUFDGRDOpPGRSUD]R
HPTXHIRLSULYDGDLQMXVWDPHQWHGRXVRGRLPyYHOTXHMiSDJRXTXDVH
DWRWDOLGDGHWHQGRTXHGHVSHQGHUFRPRDOXJXHOGHRXWURLPyYHO
&HUWRpTXHWRGDHVVDVLWXDomRPHUHFHVHUHYLWDGDUD]mRSHODTXDO
VHID]PLVWHUDDQWHFLSDomRSDUFLDOGDWXWHODSUHWHQGLGDSDUDRILPGH
GHWHUPLQDU D LPHGLDWD LPLVVmR GD $XWRUD QD SRVVH GR LPyYHO TXH
DGTXLULXHSDJRXDTXDVHWRWDOLGDGHEHPFRPRTXHD5pSURYLGHQFLH
D H[FOXVmR GH VHX QRPH GRV FDGDVWURV GRV yUJmRV GH UHVWULo}HV DR
FUpGLWRVRESHQDGHPXOWDGLiULDGH5
,,,±3HGLGR
'LDQWH GH WRGR R H[SRVWR UHVWDQGR HYLGHQWH H FULVWDOLQR R GLUHLWR
TXHIXQGDPHQWDDSUHVHQWHDomRUHTXHUDDXWRUDSULPHLUDPHQWHVHMD
GHIHULGD D DQWHFLSDomR SDUFLDO GD WXWHOD SURYLVyULD SUHWHQGLGD
FRQILUPDQGRDDRILPGDGHPDQGDDILPGHDIDVWDUGLVFXVV}HVIXWXUDV
DUHVSHLWRGDVFRWDVFRQGRPLQLDLVTXHYHQKDPDYHQFHUQRFXUVRGD
SUHVHQWH GHPDQGD EHP FRPR RV SUHMXt]RV ILQDQFHLURV GH GLItFLO
VHQmR LPSRVVtYHO UHSDUDomR D $XWRUD XPD YH] TXH p HPSUHViULD H
QHFHVVLWD HVWDU FRP R QRPH OLPSR SDUD SRGHU H[HUFHU DWLYLGDGH
PHUFDQWLOHWHUDFHVVRDFUpGLWRQRPHUFDGR
2XWURVVLPQRPpULWRUHTXHUDDXWRUD
6HMD D SUHVHQWH DomR MXOJDGD SURFHGHQWH D ILP GH GHFODUDU
FXPSULGDVDVREULJDo}HVGDDXWRUDHPUD]mRGRFRQWUDWRILUPDGRFRP
D Up UHTXHUHQGR RXWURVVLP D FRQVLJQDomR GR YDORU GH 5 
UHIHUHQWHjVSDUFHODVYHQFLGDVDWpDSURSRVLWXUDGDDomREHPFRPR
GDVYLQFHQGDV
&RP D SURFHGrQFLD GD FRQVLJQDomR H R GHSyVLWR GDV SDUFHODV
YLQFHQGDV UHTXHU D FRQILUPDomR GD WXWHOD DQWHFLSDGD GH LPLVVmR GH
SRVVHHFDVRQmRWHQKDVLGRGHIHULGDRTXHVHFRJLWDSRUKLSyWHVH
TXHVHMDDRILQDOFRPDVHQWHQoDGHPpULWR
3RU ILP UHTXHU D FRQGHQDomR GD 5p QR SDJDPHQWR GH FXVWDV


GHVSHVDV SURFHVVXDLV H KRQRUiULRV DGYRFDWtFLRV TXH 9RVVD
([FHOrQFLDHQWHQGHUDUELWUDUQRVOLPLWHVOHJDLV
,9±&LWDomR
7UDWDQGRVHGHSHVVRDMXUtGLFDUHTXHUVHTXHDFLWDomRGRUpXVHMD
HIHWXDGDSHORFDGDVWURQRVLVWHPDGHSURFHVVRVHPDXWRVHOHWU{QLFRV
GHWHUPLQDGRQR†žGRDUWRXDXVHQWHRFDGDVWURSHORFRUUHLR
QRV WHUPRV GRV DUWV  ,  H  GR &yGLJR GH 3URFHVVR &LYLO
SDUDOHYDQWDURGHSyVLWRRXTXHUHQGRRIHUHFHUFRQWHVWDomRQRSUD]R
OHJDO&3&DUW,,
9±3URYDV
3URWHVWD D DXWRUD SRU SURYDU R DOHJDGR DWUDYpV GH WRGRV RV PHLRV
GHSURYDHPGLUHLWRDGPLWLGRVHVSHFLDOPHQWHSHODSURGXomRGHSURYD
GRFXPHQWDO WHVWHPXQKDO SHULFLDO H LQVSHomR MXGLFLDO GHSRLPHQWR
SHVVRDO GR UpX VRE SHQD GH FRQILVVmR FDVR QmR FRPSDUHoD RX
FRPSDUHFHQGRVHQHJXHDGHSRU&3&DUW†ž
9,±$XGLrQFLDGHFRQFLOLDomR
7HQGRHPYLVWDDDSOLFDELOLGDGHVXEVLGLiULDGRSURFHGLPHQWRFRPXP
&yGLJR GH 3URFHVVR &LYLO DUW  SDUiJUDIR ~QLFR QRV WHUPRV GR
DUW†žGR&yGLJRGH3URFHVVR&LYLORDXWRUGHVGHMiPDQLIHVWD
SHODQDWXUH]DGROLWtJLRGHVLQWHUHVVHHPDXWRFRPSRVLomR
2X
7HQGRHPYLVWDDDSOLFDELOLGDGHVXEVLGLiULDGRSURFHGLPHQWRFRPXP
&yGLJR GH 3URFHVVR &LYLO DUW  SDUiJUDIR ~QLFR H HP UD]mR GD
QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR FRQFLOLDGRU D SDU GDV
LQ~PHUDV WHQWDWLYDV GH UHVROYHU DPLJDYHOPHQWH D TXHVWmR R DXWRU
GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH 3URFHVVR &LYLO
PDQLIHVWDLQWHUHVVHHPDXWRFRPSRVLomRDJXDUGDQGRDGHVLJQDomRGH
DXGLrQFLDGHFRQFLOLDomR
9,,±9DORUGDFDXVD
'iVHjFDXVDRYDORUGH
7HUPRVHPTXH
3HGHGHIHULPHQWR


 'DWD
$GYRJDGR2$%

8.2. AÇÃO DE EXIGIR CONTAS (PRESTAÇÃO DE CONTAS)

([PR6U'U-XL]GH'LUHLWRGD
 YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD SRU VHXV
DGYRJDGRVGRFXPHQWRSURSRUHPIDFHGHDSUHVHQWH
$omRGHSUHVWDomRGHFRQWDVH[LJLUFRQWDV
R TXH ID] FRP VXSHGkQHR QR DUW  H VHJXLQWHV GR &yGLJR GH
3URFHVVR&LYLOSHORVIDWRVHIXQGDPHQWRVMXUtGLFRVDVHJXLUH[SRVWRV
,±5D]}HVGHIDWRHGHGLUHLWR
5HTXHUHQWH H UHTXHULGR VmR WLWXODUHV GH LPyYHO HP FRQGRPtQLR
FRQVXEVWDQFLDGR HP  FRQIRUPH SURYD D PDWUtFXOD DQH[D
GRFXPHQWR
1DGD REVWDQWH D SURSULHGDGH FRPXP R UHTXHULGR SDVVRX D
DGPLQLVWUDURLPyYHOFREUDQGRDVGHVSHVDVQDSURSRUomRGRTXLQKmR
GRUHTXHUHQWHQRVWHUPRVGRDUWGR&yGLJR&LYLO
2FRUUH TXH QRV ~OWLPRV VHLV PHVHV GHL[RX GH HQFDPLQKDU RV
FRPSURYDQWHVKDYHQGRG~YLGDIXQGDGDVREUHDH[DWLGmRGDTXLORTXH
FREUD SRVWR TXH LQVWDGR D FRPSURYiORV GRFXPHQWR  TXHGRXVH
LQHUWH
1HVVHVHQWLGR

7ULEXQDOGH-XVWLoDGH6mR3DXOR³$omRGH3UHVWDomRGH&RQWDV$omR
TXH SRVVXL GXDV IDVHV XPD SDUD R UHFRQKHFLPHQWR GR GHYHU GH
SUHVWDomRGHFRQWDVHDFRQGHQDomRGRVUpXVDID]rORHRXWUDSDUDD
GLVFXVVmR GD UHJXODULGDGH GDV FRQWDV H DFHUWDPHQWR GH HYHQWXDLV
SHQGrQFLDV 5pXV TXH DGPLQLVWUDYDP LPyYHO TXH WDPEpP HUD GH
SURSULHGDGHGDDXWRUD(PVHQWHQoDGHSULPHLUDIDVHRGHYHUGHSUHVWDU
FRQWDV UHVWRX FDUDFWHUL]DGR 3UHVWDomR GH FRQWDV QD IRUPD PHUFDQWLO
DSUHVHQWDGD SHOD DXWRUD DQWH R VLOrQFLR GRV UpXV 'HWHUPLQDomR GH
SHUtFLDFRQWiELOSHODPDJLVWUDGDDSXUDQGRVHHPODXGRSHULFLDORFUpGLWR
DIDYRUGDDXWRUDLQIHULRUDRSUHWHQGLGRDGRWDGRHPVHQWHQoD3OHLWRGH


 UHGXomR ,PSURFHGrQFLD 1mR FDEH PDLV DRV DSHODQWHV LPSXJQDU DV
FRQWDV DSUHVHQWDGDV SHOD DXWRUD HP VHGH GH DSHODomR $XWRUD p
SURSULHWiULD GH  GR LPyYHO &RPSURYDomR GH JDVWRV VRPHQWH SRU
QRWDV ILVFDLV H UHFLERV $OHJDomR GD QHFHVVLGDGH GH SHTXHQRV UHSDURV
GLiULRV SDUD MXVWLILFDU JDVWRV QmR FRPSURYDGRV QmR SURVSHUD HLV TXH
HPLPyYHODOXJDGRWDLVFXVWRVPRUPHQWHFRPFDUiWHUGHPDQXWHQomR
ILFDP D FDUJR GR LQTXLOLQR 6HQWHQoD 0DQWLGD $SHOR GHVSURYLGR´
5HODWRUD 5DPRQ 0DWHR -~QLRU ± &RPDUFD 6mR 3DXOR ± ÏUJmR
MXOJDGRU&kPDUDGH'LUHLWR3ULYDGR±'DWDGRMXOJDPHQWR
±'DWDGHUHJLVWUR

6HQGR DVVLP UHVWD FULVWDOLQR R GLUHLWR GR UHTXHUHQWH HP H[LJLU DV

FRQWDVQRVH[DWRVWHUPRVGRDUWGR&yGLJRGH3URFHVVR&LYLO
,,±3HGLGR
,VWR SRVWR UHTXHUVH D FLWDomR GR UHTXHULGR SHOR FRUUHLR QRV
WHUPRVGRVDUWV,HGR&3&RX SRU RILFLDO GH MXVWLoD
QRV WHUPRV GR DUW  ,, GR &yGLJR GH 3URFHVVR &LYLO SDUD TXH
SUHVWH DV FRQWDV QD IRUPD DGHTXDGD &3& DUW  FRP RV
FRPSURYDQWHVGRVJDVWRVRXRIHUHoDDFRQWHVWDomRQRSUD]ROHJDOGH
TXLQ]HGLDV
&RQWHVWDGR RX QmR R SHGLGR UHTXHUVH R MXOJDPHQWR GD
SURFHGrQFLDGDSUHVHQWHDomRFRQGHQDQGRRUHTXHULGRFDVRQmRDV
WHQKD SUHVWDGR D SUHVWDU DV FRQWDV QD IRUPD DGHTXDGD &3& DUW
QRSUD]RGHTXLQ]HGLDVVRESHQDGHYDOLGDGHGDVFRQWDVD
VHUHP DSUHVHQWDGDV SHOR UHTXHUHQWH &3& DUW  † ž DOpP GH
FXVWDVHKRQRUiULRVTXH9RVVD([FHOrQFLDDUELWUDUQRVOLPLWHVOHJDLV
1mR FRQWHVWDGR R SHGLGR HP UD]mR GD UHYHOLD &3& DUW 
UHTXHUVHRMXOJDPHQWRDQWHFLSDGRQRVWHUPRVGRVDUWVH†
žGR&3&FRPDFRQGHQDomRGRUHTXHULGRDHPFXVWDVHKRQRUiULRV
3UHVWDGDVDVFRQWDVUHTXHUGHVGHMiRDXWRURSUD]RGHTXLQ]H
GLDV SDUD VH IRU R FDVR LPSXJQiODV FRP R SURVVHJXLPHQWR GR
SURFHVVRQRVWHUPRVGR†žGRDUWGR&3&
,,,±3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRVLQFOXLQGRSHUtFLDHSURGXomRGHSURYDGRFXPHQWDO


 ,9±9DORUGDFDXVD
'iVHjFDXVDRYDORUGH
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

 8.3. AÇÕES POSSESSÓRIAS

8.3.1. Notificação

1RWLILFDGR
(QGHUHoR
5HI&RPRGDWRGRLPyYHOORFDOL]DGRQRHQGHUHoRVXSUD
VHUYHVHGDSUHVHQWHSDUDQRWLILFiODGRTXDQWRVHJXH
'HVGH96RFXSDRLPyYHOORFDOL]DGRQD5XDDWtWXORGH
HPSUpVWLPRJUDWXLWR
(QWUHWDQWR QmR PDLV LQWHUHVVD j QRWLILFDQWH D PDQXWHQomR GR
HPSUpVWLPRGRUHIHULGRLPyYHO
&RQYpP OHPEUDU TXH 9 6 VH REULJRX D GHVRFXSDU R LPyYHO QRV
WHUPRV GD FOiXVXOD  GR FRQWUDWR GH FRPRGDWR ILUPDGR HP  QR
SUD]RGHGLDVGDQRWLILFDomR
'LDQWH GR H[SRVWR ILFD 9 6 QRWLILFDGD D GHVRFXSDU R LPyYHO QR
SUD]R LPSURUURJiYHO GH  GLDV VRE SHQD GH DVVLP QmR R ID]HQGR
WRPDUHPVH DV PHGLGDV MXGLFLDLV FDEtYHLV LQFOXVLYH DomR GH
UHLQWHJUDomRGHSRVVHFRPSHGLGRGHOLPLQDUVHPSUHMXt]RGDVSHUGDV
H GDQRV FRQVXEVWDQFLDGDV SULQFLSDOPHQWH QRV DOXJXpLV GR LPyYHO
RUDIL[DGRVHP5DFRUGHFRPRGLVSRVWRQRDUWGR&yGLJR
&LYLO
(UDRTXHKDYLDSDUDQRWLILFDU
'DWD


 1RWLILFDQWH

8.3.2. Reintegração de posse

([PRD6UD'UD-XL]DGH'LUHLWRGD

 YHP UHVSHLWRVDPHQWH SRU VHXV DGYRJDGRV H SURFXUDGRUHV
GRFXPHQWR  FRP HVFULWyULR QD  SURSRU HP IDFH GH  D
FRPSHWHQWH
$omRGHUHLQWHJUDomRGHSRVVHFXPXODGDFRPSHUGDVHGDQRV
RTXHID]FRPVXSHGkQHRQRVDUWLJRVHVHJXLQWHVGR&yGLJRGH
3URFHVVR&LYLOSHORVIDWRVHUD]}HVDVHJXLUH[SHQGLGRV
,±)DWRV
'HDFRUGRFRPDFySLDGDFHUWLGmRGDPDWUtFXODDQH[DGRFXPHQWR
 D DXWRUD p SURSULHWiULD H SRVVXLGRUD LQGLUHWD GR LPyYHO ORFDOL]DGR
QD5XD
1HVVD TXDOLGDGH HPSUHVWRX JUDWXLWDPHQWH R LPyYHO DR UpX WHQGR
DVVLP FHOHEUDGR FRQWUDWR GH FRPRGDWR SRU SUD]R LQGHWHUPLQDGR QR
GLDGRFXPHQWR
&XPSUHDVVLQDODUTXHQHVVHFRQWUDWRILFRXFRQYHQFLRQDGRTXH
1D KLSyWHVH GH R FRPRGDQWH QHFHVVLWDU GR LPyYHO RUD GDGR HP
FRPRGDWR SDUD TXDOTXHU ILP R FRPRGDWiULR VHUi SUHYLDPHQWH
QRWLILFDGR GHVVD LQWHQomR FRP SUD]R GH  WULQWD GLDV SDUD
GHVRFXSDomR GR LPyYHO REULJDQGRVH R FRPRGDWiULR D UHVWLWXLU R
LPyYHO LQWHLUDPHQWH OLYUH H GHVHPEDUDoDGR GH SHVVRDV H FRLVDV HP
SHUIHLWRHVWDGRGHFRQVHUYDomRH XVRWDOFRPRHVWiUHFHEHQGRVRE
SHQDGHUHVSRQGHUSRUSHUGDVHGDQRV
$SHVDU GLVVR H QmR REVWDQWH DV LQVLVWHQWHV WHQWDWLYDV GD DXWRUD
TXH VHP VXFHVVR WHQWRX DPLJDYHOPHQWH ID]HU FRP TXH R UpX
UHVWLWXtVVH R LPyYHO HPSUHVWDGR D YHUGDGH p TXH HVWH SHUPDQHFH
LUUHGXWtYHOQHJDQGRVHDGHYROYHUDSRVVHjDXWRUD
6HQGRDVVLPHPDDXWRUDQDTXDOLGDGHGHSRVVXLGRUDLQGLUHWD
GRLPyYHOFRQVWLWXLXRUpXHPPRUDWHQGRORJUDGRQRWLILFiORSDUDTXH
GHVRFXSDVVHRLPyYHOQRSUD]RGHGLDVGRFXPHQWR


 'HFRUULGRLQDOELVRSUD]RFRQFHGLGRTXHGDQGRVHLQHUWHRUpXQmR
GHVRFXSRXRLPyYHO
3RUWDQWRDSDUWLUGRSUD]RFRQFHGLGRDSRVVHGRUpXSDVVRXDVHU
YLFLDGD SUHFiULD H QmR UHVWRX DOWHUQDWLYD j DXWRUD VHQmR LQJUHVVDU
FRPDSUHVHQWHDomRGHUHLQWHJUDomRGHSRVVH
,,±'LUHLWR
'LVS}HRDUWLJRGR&yGLJR&LYLOTXHRSRVVXLGRUWHPRGLUHLWR
jUHLQWHJUDomRQRFDVRGHHVEXOKRLQFOXVLYHOLPLQDUPHQWH&yGLJRGH
3URFHVVR &LYLO DUWV  H  H PDLV DGLDQWH R DUWLJR  , GR
&yGLJRGH3URFHVVR&LYLOSHUPLWHDFREUDQoDGHSHUGDVHGDQRV
3RURXWURODGRWUDWDQGRVHGHFRPRGDWRRDUWGR&yGLJR&LYLO
SUHFHLWXD

$UW   2 FRPRGDWiULR FRQVWLWXtGR HP PRUD DOpP GH SRU HOD
UHVSRQGHU SDJDUi DWp UHVWLWXtOD R DOXJXHO GD FRLVD TXH IRU DUELWUDGR
SHORFRPRGDQWH

2 &yGLJR GH 3URFHVVR &LYLO GHWHUPLQD QR DUWLJR  TXH R

SRVVXLGRUWHPRGLUHLWRDVHUUHLQWHJUDGRHPFDVRGHHVEXOKRHDQWHV
GHIHUH QR DUWLJR  , D SRVVLELOLGDGH GH FXPXODomR GR SHGLGR
SRVVHVVyULRFRPLQGHQL]DomRSRUSHUGDVHGDQRV
D3RVVH
&HUWRp([FHOrQFLDTXHRSULPHLURUHTXLVLWRSDUDRDIRUDPHQWRGH
DomR GH UHLQWHJUDomR p D SURYD GD SRVVH DUW  , GR &yGLJR GH
3URFHVVR&LYLO
1HVVHVHQWLGRUHVWDLQHTXLYRFDPHQWHSURYDGDDSRVVHLQGLUHWDGR
LPyYHO SHOD DXWRUD HP YLUWXGH GR FRQWUDWR GH FRPRGDWR DOpP GD
SUySULD FHUWLGmR GD PDWUtFXOD GR LPyYHO YH] TXH D SRVVH p D
H[WHULRUL]DomRGRGRPtQLR
3RUWDQWR1REUH-XOJDGRUDDXWRUDFHGHXDSRVVHGLUHWDHPIDFHGR
FRQWUDWRGHFRPRGDWRTXHDJRUDEXVFDUHFXSHUDU
E'RHVEXOKRHVXDGDWD±SHUGDGDSRVVH
2 VHJXQGR UHTXLVLWR SDUD D DomR p R HVEXOKR SUDWLFDGR SHOR UpX H
VXD GDWD SDUD TXH VH IL[H R SUD]R GH DQR H GLD D HQVHMDU R ULWR


HVSHFLDOGRVDUWLJRVDGR&yGLJRGH3URFHVVR&LYLOWXGRQRV
WHUPRVGRDUWLJRLQFLVRV,,D,9GRPHVPRGLSORPDOHJDO

³2 HVEXOKR GD SRVVH p R DFWR HP TXH R SRVVXLGRU p SULYDGR GD SRVVH
YLROHQWDPHQWHFODQGHVWLQDPHQWHRXFRPDEXVRGHFRQILDQoD´

&RP HIHLWR R DXWRU IRL HVEXOKDGR GD SRVVH FRP DEXVR GH

FRQILDQoDSRUTXHHPRUpXIRLGHYLGDPHQWHFRQVWLWXtGRHPPRUD
FRPSUD]RGHGLDVSDUDGHVRFXSDomRGRLPyYHOHQmRRID]HQGR
SUDWLFRXHVEXOKRYH]TXHVXDSRVVHDQWHVMXVWDSDVVRXDVHULQMXVWD
SHORYtFLRGDSUHFDULHGDGHDSDUWLUGRGLD
(QVLQD&DUORV5REHUWR*RQoDOYHV

³$ SUHFDULHGDGH GLIHUH GRV YtFLRV GD YLROrQFLD H GD FODQGHVWLQLGDGH

TXDQWR DR PRPHQWR GH VHX VXUJLPHQWR (QTXDQWR RV IDWRV TXH
FDUDFWHUL]DPHVWDVRFRUUHPQRPRPHQWRGDDTXLVLomRGDSRVVHDTXHOD
VRPHQWHRULJLQDVHGHDWRVSRVWHULRUHVRXVHMDDSDUWLUGRLQVWDQWHHP
TXH R SRVVXLGRU GLUHWR UHFXVDVH D REHGHFHU j RUGHP GH UHVWLWXLomR GR
EHP DR SRVVXLGRU LQGLUHWR $ FRQFHVVmR GD SRVVH SUHFiULD p
SHUIHLWDPHQWH OtFLWD (QTXDQWR QmR FKHJDGR R PRPHQWR GH GHYROYHU D
FRLVD R SRVVXLGRU WHP SRVVH MXVWD 2 YtFLR PDQLIHVWDVH TXDQGR ILFD
FDUDFWHUL]DGR R DEXVR GH FRQILDQoD 1R LQVWDQWH HP TXH VH UHFXVD D
UHVWLWXtODVXDSRVVHWRUQDVHYLFLDGDHLQMXVWDSDVVDQGRjFRQGLomRGH
HVEXOKDGRU´

eVREUHPRGRLPSRUWDQWHDVVLQDODUTXHDGDWDGRHVEXOKRRFRUULGR
HP  FRQFHGH ODUJD PDUJHP SDUD R WHUPR ILQDO GH DQR H GLD
LPSHGLWLYR GD FRQFHVVmR GH OLPLQDU QRV WHUPRV GR DUWLJR  GR
&yGLJRGH3URFHVVR&LYLO
,,,±3HGLGR
'LDQWHGHWRGRRH[SRVWRVHUYHDSUHVHQWHSDUDUHTXHUHUGLJQHVH
9RVVD([FHOrQFLDGH
D DFRUGH FRP R PDQGDPHQWR LQVFXOSLGR QR DUWLJR  SULPHLUD
SDUWHGR&yGLJRGH3URFHVVR&LYLOSURYDGRVRVUHTXLVLWRVHHVWDQGR
D SUHVHQWH H[RUGLDO GHYLGDPHQWH LQVWUXtGD GHWHUPLQDU VHMD H[SHGLGR
PDQGDGR FRQFHGLGD OLPLQDUPHQWH LQDXGLWD DOWHUD SDUWH D
UHLQWHJUDomRGHSRVVHGRLPyYHOVLWXDGRQD5XD


 EDRILQDOMXOJDUSURFHGHQWHDSUHVHQWHDomRWRUQDQGRGHILQLWLYDD
UHLQWHJUDomRGHSRVVHFRPDFRQGHQDomRGRUpXQRSDJDPHQWRGDV
SHUGDVHGDQRVFRQVXEVWDQFLDGDVQRVDOXJXHUHVGH5SRUPrV
QRV WHUPRV GR DUW  GR &yGLJR &LYLO SHOR SHUtRGR HP TXH
SHUPDQHFHUQRLPyYHODSyVRSUD]RTXHQDQRWLILFDomRGRFXPHQWR
OKHIRUDFRQFHGLGRSDUDGHVRFXSDomRDOpPGDVFXVWDVKRQRUiULRVGH
DGYRJDGR TXH 9RVVD ([FHOrQFLD KRXYHU SRU EHP DUELWUDU H GHPDLV
{QXVGHVXFXPErQFLD
6XEVLGLDULDPHQWH FDVR 9RVVD ([FHOrQFLD HQWHQGD QHFHVViULD D
DXGLrQFLD GH MXVWLILFDomR QRV WHUPRV GD VHJXQGD SDUWH GR DUWLJR 
GR &yGLJR GH 3URFHVVR &LYLO UHTXHU D DXWRUD GLJQHVH 9RVVD
([FHOrQFLD GH FRQVLGHUDU VXILFLHQWH &yGLJR GH 3URFHVVR &LYLO DUW
FRPDFRQVHTXHQWHH[SHGLomRGHPDQGDGRGHUHLQWHJUDomRGH
SRVVH MXOJDQGR 9RVVD ([FHOrQFLD DR ILQDO SURFHGHQWH D DomR
WRUQDQGR GHILQLWLYD D UHLQWHJUDomR GH SRVVH GHIHULGD FRP D
FRQGHQDomR GR UpX QR SDJDPHQWR GDV SHUGDV H GDQRV
FRQVXEVWDQFLDGDVQRVDOXJXHUHVGH5SRUPrVSHORSHUtRGRHP
TXH SHUPDQHFHU QR LPyYHO DSyV R SUD]R  TXH QD QRWLILFDomR
GRFXPHQWROKHIRUDFRQFHGLGRSDUDGHVRFXSDomRDOpPGHFXVWDV
KRQRUiULRVGHDGYRJDGRHGHPDLV{QXVGHVXFXPErQFLD
$LQGD VXEVLGLDULDPHQWH FDVR 9RVVD ([FHOrQFLD QmR FRQFHGD
OLPLQDUPHQWH H WDPSRXFR DSyV D MXVWLILFDomR D UHLQWHJUDomR GH
SRVVH SUHWHQGLGD R TXH VH DGPLWH VRPHQWH SRU KLSyWHVH UHTXHU D
DXWRUDDSURFHGrQFLDGDSUHVHQWHDomRFRPDFRQVHTXHQWHH[SHGLomR
GRPDQGDGRUHLQWHJUDWyULRGDSRVVHFRQGHQDGRRUpXQRSDJDPHQWR
GDV SHUGDV H GDQRV FRQVXEVWDQFLDGDV QRV DOXJXHUHV GH 5  SRU
PrVSHORSHUtRGRHPTXHSHUPDQHFHUQRLPyYHODSyVRSUD]RTXHQD
QRWLILFDomRGRFXPHQWROKHIRUDFRQFHGLGRSDUDGHVRFXSDomRDOpP
GDVFXVWDVKRQRUiULRVGHDGYRJDGRHGHPDLV{QXVGHVXFXPErQFLD
,9±&LWDomR
5HTXHUVH D FLWDomR GR 5pX SRU RILFLDO GH MXVWLoD QRV WHUPRV GR
DUWLJR  LQFLVR ,, GR &yGLJR GH 3URFHVVR &LYLO UHTXHUHQGRVH
GHVGHMiTXHRHQFDUUHJDGRGDGLOLJrQFLDSURFHGDQRVGLDVHKRUiULRV
GHH[FHomR&yGLJRGH3URFHVVR&LYLODUW†žSDUD
D TXHUHQGR RIHUHFHU D GHIHVD TXH WLYHU VRE SHQD GH FRQILVVmR H


HIHLWRVGDUHYHOLD&yGLJRGH3URFHVVR&LYLODUW
EFRPSDUHFHUjDXGLrQFLDGHMXVWLILFDomRQRVWHUPRVGRDUWLJR
VHJXQGD SDUWH GR &yGLJR GH 3URFHVVR &LYLO FDVR HVWD VHMD
GHVLJQDGDSRU9RVVD([FHOrQFLD
9±3URYDV
3URWHVWD D DXWRUD SRU SURYDU R DOHJDGR DWUDYpV GH WRGRV RV PHLRV
GHSURYDHPGLUHLWRDGPLWLGRVHVSHFLDOPHQWHSHODSURGXomRGHSURYD
GRFXPHQWDO WHVWHPXQKDO SHULFLDO H LQVSHomR MXGLFLDO GHSRLPHQWR
SHVVRDO GR UpX VRE SHQD GH FRQILVVmR FDVR QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLOLQFOXVLYHHPHYHQWXDODXGLrQFLDGHMXVWLILFDomR
9,±9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

8.3.3. Reintegração de posse após a consolidação da propriedade na

alienação fiduciária de bem imóvel

([PR 6U 'U -XL] GH 'LUHLWR GD BBB9DUD &tYHO GR  GD
&RPDUFDGH
 YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD SRU
LQWHUPpGLR GRV VHXV DGYRJDGRV SURFXUDomR DQH[D ± GRFXPHQWR 
SURSRUHPIDFHGHDSUHVHQWH
$omRGHUHLQWHJUDomRGHSRVVH
R TXH ID] FRP VXSHGkQHR QR DUW  GD /HL  H QRV
DUJXPHQWRVGHIDWRHGHGLUHLWRDVHJXLUDGX]LGRV
,±)DWRV
3RUFRQWUDWRGHFRPSUDHYHQGDFRPSDFWRGHDOLHQDomRILGXFLiULD
DDXWRUDVHWRUQRXFUHGRUDGRUpXSHODVLPSRUWkQFLDVPHQFLRQDGDVQR


UHIHULGRLQVWUXPHQWRGRFXPHQWR
(PUD]mRGRLQDGLPSOHPHQWRGDVREULJDo}HVDVVXPLGDVSHORUpXD
DXWRUDSURYLGHQFLRXVXDFRQVWLWXLomRHP PRUDQRVWHUPRVGRDUW
GD /HL  H DXVHQWH D SXUJDomR GD PRUD UHVWRX D
FRQVROLGDomRGDSURSULHGDGHFRPRVHYrQDFySLDGDPDWUtFXODDQH[D
GRFXPHQWR
&RP D FRQVROLGDomR GD SURSULHGDGH HP VHX QRPH H UHDOL]DGRV RV
OHLO}HV QRV WHUPRV GR DUW  GD /HL  DWDV GRV OHLO}HV ±
GRFXPHQWR  D ILGXFLiULD FUHGRUD RUD DXWRUD DGMXGLFRX R LPyYHO
REMHWRGDYHUWHQWHUHIUHJDFRQIRUPHSURYDDFySLDGDPDWUtFXODDQH[D
GRFXPHQWR
&HUWRpTXHHPUD]mRGDFRQVROLGDomRHGDUHDOL]DomRGRVOHLO}HV
WHQGRHPYLVWDDSRVVHLQGLUHWDPDQWLGDSHODDXWRUDSRUIRUoDGRDUW
GD/HLRUpXGHYHULDWHUUHVWLWXtGRDSRVVHGLUHWDRTXH
QmRIH]
(P FRQVRQkQFLD FRP R DFDWDGR D WHRU GR DUW $ GD /HL
 TXH GLVFLSOLQD HVSHFLDOPHQWH D PDWpULD p REULJDomR GR
UpX GHVRFXSDU R LPyYHO QR PRPHQWR GR OHLOmR R TXH VH DILUPD QD
H[DWD PHGLGD HP TXH VH DVVLP QmR SURFHGHU ± FRPR GH IDWR QmR
SURFHGHX QR FDVR FRQFUHWR ± GHYH SDJDU  GR YDORU GR LPyYHO
FRUULJLGR HVWLSXODGR QR FRQWUDWR ± GRFXPHQWR  SHOD LQGHYLGD
RFXSDomR
1HVWHVHQWLGRDOLomRGH0DUFHOR7HUUD

³$SyV UHDOL]DomR GR OHLOmR R OLFLWDQWH YHQFHGRU RX PHVPR R FUHGRU

ILGXFLiULRHQWUDUiQDSRVVHGLUHWDGRLPyYHOOHPEURTXHDLQGLUHWDMiVH
HQFRQWUDYDHPVHXSRGHU´

3RVWDGHVWDPDQHLUDDTXHVWmRHEDOGRVRVHVIRUoRVGDDXWRUDSDUD
REWHU D SRVVH DPLJDYHOPHQWH QmR UHVWRX DOWHUQDWLYD VHQmR D
SURSRVLWXUD GD SUHVHQWH DomR GH UHLQWHJUDomR GH SRVVH FXMD OLPLQDU
SUHYLVWDQDOHLHVSHFLDOpPHGLGDTXHVHLPS}H
,,±'LUHLWR
1RVWHUPRVGRDUWGD/HL


 ³eDVVHJXUDGDDRILGXFLiULRVHXFHVVLRQiULRRXVXFHVVRUHVLQFOXVLYHR
DGTXLUHQWHGRLPyYHOSRUIRUoDGRS~EOLFROHLOmRGHTXHWUDWDPRV††žH
ž GR DUW  D UHLQWHJUDomR QD SRVVH GR LPyYHO TXH VHUi FRQFHGLGD
OLPLQDUPHQWH SDUD GHVRFXSDomR HP VHVVHQWD GLDV GHVGH TXH
FRPSURYDGD QD IRUPD GR GLVSRVWR QR DUW  D FRQVROLGDomR GD
SURSULHGDGHHPVHXQRPH´GHVWDFRXVH

3RUWDQWR p FULVWDOLQR R FRPDQGR OHJDO H FRP R LQDGLPSOHPHQWR H

FRQVHTXHQWHFRQVROLGDomRGDSURSULHGDGHHPQRPHGDILGXFLiULDRUD
DXWRUD RX GH TXHP WHQKD DGTXLULGR R EHP SHOR OHLOmR IDFXOWDVH D
TXDOTXHUGHVVDVSHVVRDVUHTXHUHUDUHLQWHJUDomROLPLQDUGDSRVVHGR
EHP DOLHQDGR ILGXFLDULDPHQWH FRP SUD]R GH VHVVHQWD GLDV SDUD
GHVRFXSDomR
e QHVWH VHQWLGR D UHPDQVRVD MXULVSUXGrQFLD GR 7ULEXQDO
%DQGHLUDQWH

7ULEXQDOGH-XVWLoDGH6mR3DXOR³$OLHQDomR)LGXFLiULD±%HPLPyYHO±
,QDGLPSOHPHQWR GD GHYHGRUD ILGXFLDQWH ± &RQVROLGDomR GD SURSULHGDGH
LPyYHO HP QRPH GR FUHGRU ILGXFLiULR QRV WHUPRV GR DUWLJR  GD /HL
 1mR UHVWLWXLomR GR LPyYHO (VEXOKR FRQILJXUDGR $MXL]DPHQWR
GHDomRGHUHLQWHJUDomRGHSRVVH&RQFHVVmRGHOLPLQDU3URSRVLWXUDGH
DomRLQGHQL]DWyULDHPTXHVHEXVFDDUHVWLWXLomRGRVYDORUHVSDJRVTXH
QmR REVWD D LPHGLDWD UHLQWHJUDomR GH SRVVH ,QH[LVWrQFLD GH
SUHMXGLFLDOLGDGH'LUHLWRGHUHWHQomRGRLPyYHODWpDHYHQWXDOUHVWLWXLomR
GRV YDORUHV SDJRV ,QRFRUUrQFLD 6HQWHQoD FRQILUPDGD 5HFXUVR
LPSURYLGR´±$SHODomR±5HO:DOWHU=HQL±
6mR 3DXOR ±  &kPDUD GH 'LUHLWR 3ULYDGR ± 'DWD GR MXOJDPHQWR
 ± 'DWD GH UHJLVWUR  ± 2XWURV Q~PHURV

7ULEXQDOGH-XVWLoDGH6mR3DXOR³5HLQWHJUDomRGHSRVVH±$OLHQDomR
ILGXFLiULD GH LPyYHO ± 0RUD GR ILGXFLDQWH UHJXODUPHQWH QRWLILFDGR ±
3XUJDomR QmR RFRUUHQWH ± &RQVROLGDomR GD SURSULHGDGH ILGXFLiULD ±
3HGLGR GR ILGXFLiULR GH VXD UHLQWHJUDomR QD SRVVH GR LPyYHO ±
,QGHIHULPHQWR ± 'HFLVmR IXQGDGD QD IDOWD GH SURYD GH SRVVH DQWHULRU
,QDGPLVVLELOLGDGH ± 0DWpULD TXH QmR VH UHJH SHODV GLVSRVLo}HV GR &yG
GH 3URF &LYLO PDV SRU OHL HVSHFLDO ± 'HFLVmR UHIRUPDGD ± 5HFXUVR
SURYLGR  &RP D FRQVWLWXLomR GD SURSULHGDGH ILGXFLiULD GHFRUUHQWH GR
UHJLVWUR GR FRQWUDWR R ILGXFLiULR WRUQDVH SRVVXLGRU LQGLUHWR  3RGH R


FUHGRU ILGXFLiULR QmR SDJD D GtYLGD H FRQVWLWXtGR R ILGXFLDQWH HP PRUD
REWHU D FRQVROLGDomR GD SURSULHGDGH HP VHX QRPH H UHLQWHJUDUVH QD
SRVVHGRLPyYHOOLPLQDUPHQWH´±$JUDYRGH
,QVWUXPHQWR±5HO5HLQDOGR&DOGDV±6mR3DXOR±&kPDUDGH'LUHLWR
3ULYDGR±'DWDGRMXOJDPHQWR±'DWDGHUHJLVWUR
±2XWURVQ~PHURV

1HVWHMXOJDGRDVVHYHURXRUHODWRU

³$HVSpFLHpGLVFLSOLQDGDSHOD/HLFXMRDUWLJRHVWDEHOHFH
µ$UWLJR&RQVWLWXLVHDSURSULHGDGHILGXFLiULDGHFRLVDLPyYHOPHGLDQWH
UHJLVWUR QR FRPSHWHQWH 5HJLVWUR GH ,PyYHLV GR FRQWUDWR TXH OKH VHUYH
GHWtWXOR¶
$FUHVFHQWDRSDUiJUDIR~QLFR
µ3DUiJUDIR ~QLFR &RP D FRQVWLWXLomR GD SURSULHGDGH ILGXFLiULD GiVH R
GHVGREUDPHQWR GD SRVVH WRUQDQGRVH R ILGXFLDQWH SRVVXLGRU GLUHWR H R
ILGXFLiULRSRVVXLGRULQGLUHWRGDFRLVD¶
&RPRVHYrRDXWRUFRPRUHJLVWURGDSURSULHGDGHILGXFLiULDWRUQRXVH
SRVVXLGRULQGLUHWRGREHP

)LQDOPHQWHRDUWLJRGDOHLGHUHJrQFLDHVWDWXL
$UWLJR  µe DVVHJXUDGD DR ILGXFLiULR µRPLVVLV¶ D UHLQWHJUDomR GH
SRVVH GR LPyYHO TXH VHUi FRQFHGLGD OLPLQDUPHQWH SDUD GHVRFXSDomR
HPVHVVHQWDGLDVGHVGHTXHFRPSURYDGDQDIRUPDGRGLVSRVWRQRDUW
DFRQVROLGDomRGDSURSULHGDGHHPVHXQRPH¶
5HOHYDQWHpTXHDFRQVROLGDomRGDSURSULHGDGHQRVWHUPRVGDGLVFLSOLQD
UHIHULGDFRQIHUHDRILGXFLiULRFRPWtWXORUHJLVWUDGRHDYHUEDGRFRPRQD
HVSpFLHRGLUHLWRjOLPLQDUGHUHLQWHJUDomRGHSRVVH´

7DLVUD]}HVVHDSOLFDPLQWHJUDOPHQWHDRSUHVHQWHFDVR
(PFRPSOHPHQWRHVWLSXODRDUW$GD/HL

³$UW$2ILGXFLDQWHSDJDUiDRILGXFLiULRRXDTXHPYLHUDVXFHGrOR
D WtWXOR GH WD[D GH RFXSDomR GR LPyYHO SRU PrV RX IUDomR YDORU
FRUUHVSRQGHQWHDXPSRUFHQWRGRYDORUDTXHVHUHIHUHRLQF9,GRDUW
FRPSXWDGRHH[LJtYHOGHVGHDGDWDGDDOLHQDomRHPOHLOmRDWpDGDWD
HPTXHRILGXFLiULRRXVHXVVXFHVVRUHVYLHUDVHULPLWLGRQDSRVVHGR
LPyYHO´


 3RVWD DVVLP D TXHVWmR D DXWRUD QmR Vy ID] MXV j UHLQWHJUDomR
OLPLQDU GD SRVVH SDUD GHVRFXSDomR SHOR UpX QR SUD]R GH VHVVHQWD
GLDVFRPRLJXDOPHQWHjLQGHQL]DomRSHODLQGHYLGDRFXSDomRGREHP
jWD[DGHGRYDORUGRLPyYHOHVWLSXODGRQRFRQWUDWR5;;;;;±
FOiXVXOD ;;; GR FRQWUDWR ± GRFXPHQWR  GHVGH D GDWD GR OHLOmR
[[[[[[[[ ± GRFXPHQWR  DWp D GDWD GD HIHWLYD GHVRFXSDomR GR
LPyYHO
D3RVVH
&HUWRp([FHOrQFLDTXHRSULPHLURUHTXLVLWRSDUDRDIRUDPHQWRGH
DomRGHUHLQWHJUDomRpDSURYDGDSRVVHDUW,GR&3&
1HVVHVHQWLGRUHVWDLQHTXLYRFDPHQWHSURYDGDDSRVVHLQGLUHWDGR
LPyYHO SHOD DXWRUD HP YLUWXGH GR FRQWUDWR GH DOLHQDomR ILGXFLiULD
UHJLGR SHOD /HL  DOpP GD SUySULD FHUWLGmR GD PDWUtFXOD GR
LPyYHO$QRWHVHQHVWHVHQWLGRRWHRUGRDUWGD/HLGH5HJrQFLD

³$UWLJR&RQVWLWXLVHDSURSULHGDGHILGXFLiULDGHFRLVDLPyYHOPHGLDQWH
UHJLVWUR QR FRPSHWHQWH 5HJLVWUR GH ,PyYHLV GR FRQWUDWR TXH OKH VHUYH
GHWtWXOR
3DUiJUDIR ~QLFR &RP D FRQVWLWXLomR GD SURSULHGDGH ILGXFLiULD GiVH R
GHVGREUDPHQWR GD SRVVH WRUQDQGRVH R ILGXFLDQWH SRVVXLGRU GLUHWR H R
ILGXFLiULRSRVVXLGRULQGLUHWRGDFRLVDLPyYHO´

3RUWDQWR R FRQWUDWR GH DOLHQDomR ILGXFLiULD UHJLVWUDGR DWULEXLX j

ILGXFLDQWHFUHGRUDRUDDXWRUDDTXDOLGDGHGHSRVVXLGRUDLQGLUHWD
E(VEXOKRHVXDGDWD±3HUGDGDSRVVH
2 VHJXQGR UHTXLVLWR SDUD D DomR p R HVEXOKR SUDWLFDGR SHOR UpX H
VXD GDWD WXGR QRV WHUPRV GR DUWLJR  LQFLVRV ,, D ,9 GR PHVPR
'LSORPD/HJDO
2 ³HVEXOKR GD SRVVH p R DFWR HP TXH R SRVVXLGRU p SULYDGR GD
SRVVH YLROHQWDPHQWH FODQGHVWLQDPHQWH RX FRP DEXVR GH
FRQILDQoD´
&RPHIHLWRRDXWRUIRLHVEXOKDGRGDSRVVHFRPDEXVRGHFRQILDQoD
SHORUpXTXHREULJDGRSRUOHLDUHVWLWXLURLPyYHODSyVROHLOmRGHL[RX
GHID]rOR
(QVLQD&DUORV5REHUWR*RQoDOYHV


 ³$ SUHFDULHGDGH GLIHUH GRV YtFLRV GD YLROrQFLD H GD FODQGHVWLQLGDGH
TXDQWR DR PRPHQWR GH VHX VXUJLPHQWR (QTXDQWR RV IDWRV TXH
FDUDFWHUL]DPHVWDVRFRUUHPQRPRPHQWRGDDTXLVLomRGDSRVVHDTXHOD
VRPHQWHRULJLQDVHGHDWRVSRVWHULRUHVRXVHMDDSDUWLUGRLQVWDQWHHP
TXH R SRVVXLGRU GLUHWR UHFXVDVH D REHGHFHU D RUGHP GH UHVWLWXLomR GR
EHP DR SRVVXLGRU LQGLUHWR $ FRQFHVVmR GD SRVVH SUHFiULD p
SHUIHLWDPHQWH OtFLWD (QTXDQWR QmR FKHJDGR R PRPHQWR GH GHYROYHU D
FRLVD R SRVVXLGRU WHP SRVVH MXVWD 2 YtFLR PDQLIHVWDVH TXDQGR ILFD
FDUDFWHUL]DGR R DEXVR GH FRQILDQoD 1R LQVWDQWH HP TXH VH UHFXVD D
UHVWLWXtODVXDSRVVHWRUQDVHYLFLDGDHLQMXVWDSDVVDQGRjFRQGLomRGH
HVEXOKDGRU´

eSUHFLVRREVHUYDUWRGDYLDTXHRUHTXLVLWRGRSUD]RHPUD]mRGD
HVSHFLDOLGDGH GR SURFHGLPHQWR GHWHUPLQDGR SHOD /HL 
VHTXHUVHULDQHFHVViULR
(P RXWUDV SDODYUDV HVWi FRQVROLGDGR R HQWHQGLPHQWR VHJXQGR R
TXDO QmR VH DSOLFDP DV UHJUDV GR &yGLJR GH 3URFHVVR &LYLO SDUD
UHJXODURVUHTXLVLWRVGDDomRGHUHLQWHJUDomRGHSRVVHRUDUHTXHULGD
HPUD]mRGHDPDWpULDVHUUHJXODGDSRUOHLHVSHFLDO/HLGD$OLHQDomR
)LGXFLiULDGH%HP,PyYHO
(VWDpDOLomRGH0DUFHOR7HUUD

³5HFRUGR TXH SHOR WHRU GR LQFLVR 9 GR DUW  R GHYHGRU ILGXFLDQWH
VRPHQWH SRGHUi XWLOL]DU OLYUHPHQWH GR LPyYHO HQTXDQWR IRU DGLPSOHQWH
DVVLP D SDUWLU GR QmR SDJDPHQWR GH TXDOTXHU GDV SDUFHODV RX GR QmR
FXPSULPHQWR GH XPD REULJDomR DFHVVyULD R GHYHGRU ILGXFLDQWH p
HVEXOKDGRUGDSRVVHMXVWLILFDQGRVHDUHLQWHJUDomR´

$ DomR GH UHLQWHJUDomR GH SRVVH SRGH DQWHFHGHU DWp PHVPR D

UHDOL]DomR GR OHLOmR EDVWDQGR TXH VH REVHUYH R ~QLFR UHTXLVLWR OHJDO
  SUHVVXSRVWR SURFHVVXDO TXH p D FRQVROLGDomR SOHQD GD
SURSULHGDGHQDSHVVRDGRFUHGRUILGXFLiULR
(P VXPD GH DFRUGR FRP R DUW  GD /HL  R ~QLFR
UHTXLVLWR OHJDO SDUD REWHQomR GD OLPLQDU p D UHJXODU FRQVROLGDomR GD
SURSULHGDGHQDVPmRVGRFUHGRUILGXFLiULR

³eDVVHJXUDGDDR)LGXFLiULRVHXFHVVLRQiULRRXVXFHVVRUHVLQFOXVLYHR
DGTXLUHQWHGRLPyYHOSRUIRUoDGRS~EOLFROHLOmRGHTXHWUDWDPRV††žH


ž GR DUW  D UHLQWHJUDomR QD SRVVH GR LPyYHO TXH VHUi FRQFHGLGD
OLPLQDUPHQWH SDUD GHVRFXSDomR HP VHVVHQWD GLDV GHVGH TXH
FRPSURYDGD QD IRUPD GR GLVSRVWR QR DUW  D FRQVROLGDomR GD
SURSULHGDGHHPVHXQRPH´

1HVWHVHQWLGRRVVHJXLQWHVMXOJDGRV

³$OLHQDomR ILGXFLiULD ± EHP LPyYHO ± UHLQWHJUDomR GH SRVVH ± OLPLQDU ±

FRQVROLGDomR GD SURSULHGDGH DUWLJRV  H  GD /HL  ±
&RQVWLWXFLRQDOLGDGH ± 5HFRQKHFLPHQWR 2EVHUYDQGRVH FRP ULJRU RV
DUWLJRVDGD/HLQžHFRQVROLGDGDDSURSULHGDGHILGXFLiULD
HPQRPHGRFUHGRUDVVHJXUDOKHDOHLRGLUHLWRjFRQFHVVmROLPLQDUGD
UHLQWHJUDomR GH SRVVH GR LPyYHO TXH GHYHUi VHU GHVRFXSDGR QR SUD]R
GH VHVVHQWD GLDV $ SUHYLVmR GH OHLOmR H[WUDMXGLFLDO H FRQVROLGDomR GD
SURSULHGDGH ILGXFLiULD HP QRPH GR FUHGRU SRU DWR GR UHJLVWUDGRU
LPRELOLiULR QmR DIURQWD D &RQVWLWXLomR )HGHUDO Mi TXH R DFHVVR DR
-XGLFLiULR D DPSOD GHIHVD H R FRQWUDGLWyULR FRQWLQXDP DVVHJXUDGRV DR
GHYHGRUTXHVHVHQWLUSUHMXGLFDGR´$,&kP5HO'HV
3HUHLUD&DOoDVM
³$OLHQDomR ILGXFLiULD ± EHP LPyYHO ± UHLQWHJUDomR GH SRVVH ± OLPLQDU ±
UHTXLVLWRV±SUHHQFKLPHQWR±FDELPHQWR±DSOLFDomRGRDUWLJRGD/HL
3UHHQFKLGRVRVUHTXLVLWRVGRVDUWLJRVHGD/HL
GH ULJRU D FRQFHVVmR GD PHGLGD SUHYLVWD QR DUWLJR  TXH DVVHJXUD DR
ILGXFLiULR VHX FHVVLRQiULR RX VXFHVVRUHV D UHLQWHJUDomR QD SRVVH GR
LPyYHO D VHU FRQFHGLGD OLPLQDUPHQWH SDUD GHVRFXSDomR HP VHVVHQWD
GLDV DQWH D FRPSURYDomR GD FRQVROLGDomR GD SURSULHGDGH HP QRPH GR
ILGXFLiULR´ $,   &kP 5HO -XL] &OyYLV &DVWHOR M
1RPHVPRVHQWLGR$,&kP5HO-XL]*LO
&RHOKRM$,&kP5HO-XL]$QW{QLR&DUORV
9LOOHQM$,&kP5HO-XL]3HUHLUD&DOoDV
M  $,   &kP 5HO -XL] )HUUD] )HOLVDUGR M
 $,   &kP 5HO -XL] 0HQGHV *RPHV M
 $,   &kP 5HO -Xt]D 5HJLQD &DSLVWUDQR M

³$OLHQDomR ILGXFLiULD ± EHP LPyYHO ± UHLQWHJUDomR GH SRVVH ± OLPLQDU ±
UHTXLVLWRV±SUHHQFKLPHQWR±FDELPHQWR±DSOLFDomRGRDUWLJRGD/HL
3UHHQFKLGRVRVUHTXLVLWRVGRVDUWLJRVHGD/HL
GH ULJRU D FRQFHVVmR GD PHGLGD SUHYLVWD QR DUWLJR  TXH GLVS}H VHU
DVVHJXUDGD DR ILGXFLiULR VHX FHVVLRQiULR RX VXFHVVRUHV LQFOXVLYH R


 DGTXLUHQWHGRLPyYHOSRUIRUoDGRS~EOLFROHLOmRGHTXHWUDWDPRV††žH
ž GR DUWLJR  D UHLQWHJUDomR QD SRVVH GR LPyYHO TXH VHUi FRQFHGLGD
OLPLQDUPHQWH SDUD GHVRFXSDomR HP VHVVHQWD GLDV GHVGH TXH
FRPSURYDGD QD IRUPD GR GLVSRVWR QR DUWLJR  D FRQVROLGDomR GD
SURSULHGDGH HP VHX QRPH´ $,   &kP 5HO -XL] *LO
&RHOKRM

0HVPRTXHDVVLPQmRIRVVHpVREUHPRGRLPSRUWDQWHDVVLQDODUTXH
D GDWD GR HVEXOKR RFRUULGR QR GLD GR OHLOmR HP ;;;;;;;;; ±
GRFXPHQWRPRPHQWRHPTXHDSRVVHGHYHULDVHUUHVWLWXtGDSRVWR
TXH p R WHUPR LQLFLDO SDUD FRQWDJHP GR DOXJXHO SHQD FRQFHGH ODUJD
PDUJHP SDUD R WHUPR ILQDO GH DQR H GLD LPSHGLWLYR GD FRQFHVVmR GH
OLPLQDU QRV WHUPRV GR DUWLJR  GR &yGLJR GH 3URFHVVR &LYLO FDVR
IRVVHDSOLFiYHO
,,,±3HGLGR
'LDQWHGHWRGRRH[SRVWRVHUYHDSUHVHQWHSDUDUHTXHUHUGLJQHVH
9RVVD([FHOrQFLDGH
D DFRUGH FRP R PDQGDPHQWR LQVFXOSLGR QR DUWLJR  SULPHLUD
SDUWHGR&yGLJRGH3URFHVVR&LYLOSURYDGRVRVUHTXLVLWRVHHVWDQGR
D SUHVHQWH H[RUGLDO GHYLGDPHQWH LQVWUXtGD GHWHUPLQDU VHMD H[SHGLGR
PDQGDGR FRQFHGLGD OLPLQDUPHQWH LQDXGLWD DOWHUD SDUWH D
UHLQWHJUDomRGHSRVVHGRLPyYHO
EDRILQDOMXOJDUSURFHGHQWHDSUHVHQWHDomRWRUQDQGRGHILQLWLYDD
UHLQWHJUDomRGHSRVVHFRPDFRQGHQDomRGRUpXQRSDJDPHQWRGDV
SHUGDV H GDQRV FRQVXEVWDQFLDGDV QRV DOXJXHUHV GH  GR YDORU GR
FRQWUDWR SRU PrV GH RFXSDomR QRV WHUPRV GR DUW $ GD /HL
SHORSHUtRGRHPTXHSHUPDQHFHUQRLPyYHODSyVROHLOmR
RFRUULGR QR GLD ;;;;;;;; GRFXPHQWR  DOpP GDV FXVWDV
KRQRUiULRV GH DGYRJDGR TXH 9RVVD ([FHOrQFLD KRXYHU SRU EHP
DUELWUDUHGHPDLV{QXVGHVXFXPErQFLD
6XFHVVLYDPHQWH FDVR 9RVVD ([FHOrQFLD HQWHQGD QHFHVViULD D
DXGLrQFLDGHMXVWLILFDomRQRVWHUPRVGDVHJXQGDSDUWHGRDUWLJR
UHTXHU D DXWRUD D VXD SURFHGrQFLD &3& DUW  FRP D
FRQVHTXHQWH H[SHGLomR GH PDQGDGR GH UHLQWHJUDomR GH SRVVH
MXOJDQGR 9RVVD ([FHOrQFLD DR ILQDO SURFHGHQWH D DomR WRUQDQGR


GHILQLWLYDDUHLQWHJUDomRGHSRVVHGHIHULGDFRPDFRQGHQDomRGRUpX
QR SDJDPHQWR GDV SHUGDV H GDQRV FRQVXEVWDQFLDGDV QRV DOXJXHUHV
GHGRYDORUGRFRQWUDWRSRUPrVGHRFXSDomRQRVWHUPRVGRDUW
$ GD /HL  SHOR SHUtRGR HP TXH SHUPDQHFHU QR LPyYHO
DSyV R OHLOmR RFRUULGR QR GLD ;;;;;;;; GRFXPHQWR  DOpP GH
FXVWDVKRQRUiULRVGHDGYRJDGRHGHPDLV{QXVGHVXFXPErQFLD
$LQGD HP RUGHP VXFHVVLYD FDVR 9RVVD ([FHOrQFLD QmR FRQFHGD
OLPLQDUPHQWH H WDPSRXFR DSyV D MXVWLILFDomR D UHLQWHJUDomR GH
SRVVH SUHWHQGLGD R TXH VH DGPLWH VRPHQWH SRU KLSyWHVH UHTXHU D
DXWRUDDSURFHGrQFLDGDSUHVHQWHDomRFRPDFRQVHTXHQWHH[SHGLomR
GRPDQGDGRUHLQWHJUDWyULRGDSRVVHFRQGHQDGRRUpXQRSDJDPHQWR
GDVSHUGDVHGDQRVFRQVXEVWDQFLDGDVQRVDOXJXHUHVGHGRYDORU
GR FRQWUDWR SRU PrV GH RFXSDomR QRV WHUPRV GR DUW $ GD /HL
SHORSHUtRGRHPTXHSHUPDQHFHUQRLPyYHODSyVROHLOmR
RFRUULGR QR GLD ;;;;;;;; GRFXPHQWR  DOpP GDV FXVWDV
KRQRUiULRVGHDGYRJDGRHGHPDLV{QXVGHVXFXPErQFLD
,9±&LWDomR
5HTXHUVH D FLWDomR GR 5pX SRU 2ILFLDO GH -XVWLoD QRV WHUPRV GR
DUWLJRLQFLVR,,GR&yGLJRGH3URFHVVR&LYLOGHWHUPLQDQGR9RVVD
([FHOrQFLD TXH R 6U 2ILFLDO GH -XVWLoD HQFDUUHJDGR GD GLOLJrQFLD
SURFHGDQRVGLDVHKRUiULRVGHH[FHomR&3&DUW†žSDUD
D TXHUHQGR RIHUHFHU D GHIHVD TXH WLYHU VRE SHQD GH FRQILVVmR H
HIHLWRVGDUHYHOLD&3&DUW
EFRPSDUHFHUjDXGLrQFLDGHMXVWLILFDomRQRVWHUPRVGRDUWLJR
VHJXQGD SDUWH GR &yGLJR GH 3URFHVVR &LYLO FDVR HVWD VHMD
GHVLJQDGDSRU9RVVD([FHOrQFLD
9±3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLOLQFOXVLYHHPHYHQWXDODXGLrQFLDGHMXVWLILFDomR
9,±9DORUGDFDXVD


 'iVHjFDXVDRYDORUGH5;;;;;;YDORUHVWLPDWLYR
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGR2$%63Q

8.3.4. Manutenção de posse

([PRD6UD'UD-XL]DGH'LUHLWRGD

YHPPXLUHVSHLWRVDPHQWHSRUVHXVDGYRJDGRVHSURFXUDGRUHV
GRFXPHQWR  FRP HVFULWyULR QD  SURSRU HP IDFH GR  QD
SHVVRD GH VHX UHSUHVHQWDQWH OHJDO FRP VHGH QD 5XD  D
FRPSHWHQWHDomRGH
0DQXWHQomRGHSRVVH
RTXHID]FRPIXQGDPHQWRQRVDUWLJRVGR&yGLJR&LYLOH
HVHJXLQWHVGR&yGLJRGH3URFHVVR&LYLOHQRVDUJXPHQWRVGHIDWRH
GHGLUHLWRDVHJXLUDGX]LGRV
,±)DWRVH'LUHLWR
'HDFRUGRFRPDFySLDGDFHUWLGmRGDPDWUtFXODDQH[DGRFXPHQWR
 D DXWRUD p SURSULHWiULD H SRVVXLGRUD GR LPyYHO ORFDOL]DGR QD 5XD

2LPyYHOGDDXWRUDpGHVWLQDGRDRFXOWLYRSHUPDQHQWHGHHXFDOLSWR
SDUDFRUWHFRQIRUPHSURYDD~OWLPDGHFODUDomRGR,75GRFXPHQWR
GLVSRQGR WDPEpP GH XPD FDVD RQGH IXQFLRQD R DORMDPHQWR GRV
HPSUHJDGRV
2FRUUHTXHHPYLUWXGHGHJUHYHQDFLRQDOGRVWUDEDOKDGRUHVUXUDLV
RVLQGLFDWRGDUHJLmRFRQYRFRXJUHYLVWDVDILPGHLPSHGLUDH[WUDomR
GD PDGHLUD Mi YHQGLGD j &RPSDQKLD  FRQIRUPH FySLD GH UHFLER
DQH[RGRFXPHQWR
'HIDWRDSDUWLUGR~OWLPRGLDRVJUHYLVWDVSHUPDQHFHPGXUDQWH
WRGRRGLDHPIUHQWHDRVSRUW}HVGDSURSULHGDGHGDDXWRUDLPSHGLQGR
DHQWUDGDGHFDPLQK}HVGRFXPHQWR


 7XUEDomRSUDWLFDGDSHORUpX&yGLJRGH3URFHVVR&LYLODUW,,
3HUWXUEDomR GD SRVVH p WRGR DFWR SUDWLFDGR FRQWUD D YRQWDGH GR
SRVVXLGRU TXH OKH HVWRUYH R JR]R GD FRLVD SRVVXtGD VHP GHOD R
H[FOXLU FRPSOHWDPHQWH YLV LQTXLHWDWLYD (OD SRGH VHU SRVLWLYD S
H[ R WXUEDGRU FRUWD iUYRUHV GD SURSULHGDGH RX QHJDWLYD SH[ R
WXUEDGRULPSHGHRSRVVXLGRUGHFRUWiODV
&RP HIHLWR D DXWRUD IRL WXUEDGD GD SRVVH SRUTXH HPERUD QmR
WHQKD SHUGLGR D SRVVH HVWi LPSHGLGD GH H[WUDLU D PDGHLUD YHQGLGD
FDXVDQGROKHLPHQVXUiYHLVSUHMXt]RV
'DWDGDWXUEDomR&yGLJRGH3URFHVVR&LYLODUW,,,
$ WXUEDomR RFRUUHX QR GLD  RX VHMD Ki DSHQDV GRLV PHVHV
GHQWURGRSUD]RGHDQRHGLDH[LJLGRSRUOHL&yGLJRGH3URFHVVR&LYLO
DUW
&RQWLQXDomRGDSRVVH&3&DUW,9
9HULILFDVH TXH D DXWRUD FRQWLQXD QD SRVVH GR LPyYHO HVWDQGR
DSHQDV LPSHGLGD GH H[WUDLU D PDGHLUD YHQGLGD FRQILJXUDQGRVH
FODUDPHQWHDWXUEDomRDSWDDHQVHMDUDSUHVHQWHDomR
,,±3HGLGR
'LDQWHGHWRGRRH[SRVWRVHUYHDSUHVHQWHSDUDUHTXHUHUGLJQHVH
9RVVD([FHOrQFLDGH
D DFRUGH FRP R PDQGDPHQWR LQVFXOSLGR QR DUWLJR  SULPHLUD
SDUWHGR&yGLJRGH3URFHVVR&LYLOSURYDGRVRVUHTXLVLWRVHHVWDQGR
D SUHVHQWH H[RUGLDO GHYLGDPHQWH LQVWUXtGD GHWHUPLQDU VHMD H[SHGLGR
PDQGDGR FRQFHGLGD OLPLQDUPHQWH LQDXGLWD DOWHUD SDUWH D
PDQXWHQomRGHSRVVHGRLPyYHOVLWXDGRQDFRPDUHTXLVLomRGH
IRUoDSROLFLDO
EDRILQDOMXOJDUSURFHGHQWHDSUHVHQWHDomRWRUQDQGRGHILQLWLYDD
PDQXWHQomRGHSRVVHFRPLQDQGRDPXOWDGLiULDGH5VHKRXYHU
QRYD WXUEDomR SHOR PHVPR UpX DOpP GD FRQGHQDomR HP FXVWDV
KRQRUiULRV GH DGYRJDGR TXH 9RVVD ([FHOrQFLD KRXYHU SRU EHP
DUELWUDUHGHPDLV{QXVGHVXFXPErQFLD
6XEVLGLDULDPHQWH FDVR 9RVVD ([FHOrQFLD HQWHQGD QHFHVViULD D
DXGLrQFLD GH MXVWLILFDomR QRV WHUPRV GD VHJXQGD SDUWH GR DUWLJR 


GR &yGLJR GH 3URFHVVR &LYLO UHTXHU D DXWRUD GLJQHVH 9RVVD
([FHOrQFLD GH FRQVLGHUDU VXILFLHQWH &yGLJR GH 3URFHVVR &LYLO DUW
 FRP D FRQVHTXHQWH H[SHGLomR GH PDQGDGR GH PDQXWHQomR GH
SRVVH MXOJDQGR 9RVVD ([FHOrQFLD DR ILQDO SURFHGHQWH D DomR
WRUQDQGRGHILQLWLYDDPDQXWHQomRGHSRVVHFRPLQDQGRDPXOWDGLiULD
GH 5  VH KRXYHU QRYD WXUEDomR SHORV PHVPRV UpXV DOpP GD
FRQGHQDomR HP FXVWDV KRQRUiULRV GH DGYRJDGR TXH 9RVVD
([FHOrQFLDKRXYHUSRUEHPDUELWUDUHGHPDLV{QXVGHVXFXPErQFLD
$LQGD HP RUGHP VXEVLGLiULD FDVR 9RVVD ([FHOrQFLD QmR FRQFHGD
OLPLQDUPHQWH H WDPSRXFR DSyV D MXVWLILFDomR D PDQXWHQomR GH
SRVVH SUHWHQGLGD R TXH VH DGPLWH VRPHQWH SRU KLSyWHVH UHTXHU D
DXWRUDDSURFHGrQFLDGDSUHVHQWHDomRFRPDFRQVHTXHQWHH[SHGLomR
GRPDQGDGRGHPDQXWHQomRGDSRVVHFRPLQDQGRVHPXOWDGLiULDGH
5  QR FDVR GH QRYD WXUEDomR DOpP GD FRQGHQDomR HP FXVWDV
KRQRUiULRVGHDGYRJDGRHGHPDLV{QXVGHVXFXPErQFLD
,,,±&LWDomR
5HTXHUVH D FLWDomR GRV UpXV SRU RILFLDO GH MXVWLoD QRV WHUPRV GR
DUWLJR  LQFLVR ,, GR &yGLJR GH 3URFHVVR &LYLO UHTXHUHQGRVH
GHVGHMiTXHRHQFDUUHJDGRGDGLOLJrQFLDSURFHGDQRVGLDVHKRUiULRV
GH H[FHomR &yGLJR GH 3URFHVVR &LYLO DUW  † ž H WUDWDQGRVH
GHFRQIOLWRFROHWLYRSHODSRVVHDFLWDomRSHVVRDOGRVRFXSDQWHVTXH
IRUHP HQFRQWUDGRV QR ORFDO H RV TXH QmR IRUHP QD GLOLJrQFLD TXH
GHYH VHU ~QLFD &3& DUW  † ž D FLWDomR SRU HGLWDO H GHPDLV
GLVVR D LQWLPDomR GR 0LQLVWpULR 3~EOLFR H VH HQYROYHU SHVVRDV HP
VLWXDomR GH KLSRVVXILFLrQFLD HFRQ{PLFD GD 'HIHQVRULD 3~EOLFD WXGR
SDUD
DTXHUHQGRRIHUHFHUDGHIHVDTXHWLYHUHPVRESHQDGHFRQILVVmRH
HIHLWRVGDUHYHOLD&yGLJRGH3URFHVVR&LYLODUW
EFRPSDUHFHUjDXGLrQFLDGHMXVWLILFDomRQRVWHUPRVGRDUWLJR
VHJXQGD SDUWH GR &yGLJR GH 3URFHVVR &LYLO FDVR HVWD VHMD
GHVLJQDGDSRU9RVVD([FHOrQFLD
,9±3URYDV
3URWHVWD D DXWRUD SRU SURYDU R DOHJDGR DWUDYpV GH WRGRV RV PHLRV
GHSURYDHPGLUHLWRDGPLWLGRVHVSHFLDOPHQWHSHODSURGXomRGHSURYD


GRFXPHQWDO WHVWHPXQKDO SHULFLDO H LQVSHomR MXGLFLDO GHSRLPHQWR
SHVVRDO GR UpX VRE SHQD GH FRQILVVmR FDVR QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLOLQFOXVLYHHPHYHQWXDODXGLrQFLDGHMXVWLILFDomR
9±9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

8.3.5. Interdito proibitório

([PRD6UD'UD-XL]DGH'LUHLWRGD

YHPPXLUHVSHLWRVDPHQWHSRUVHXVDGYRJDGRVHSURFXUDGRUHV
GRFXPHQWR  FRP HVFULWyULR QD  RQGH UHFHEHUmR LQWLPDo}HV
SURSRUHPIDFHGRRFRPSHWHQWH
,QWHUGLWRSURLELWyULR
R TXH ID] FRP IXQGDPHQWR QR DUWLJR  GR &yGLJR &LYLO QRV
DUWLJRVHGR&yGLJRGH3URFHVVR&LYLOHQRVDUJXPHQWRVGH
IDWRHGHGLUHLWRDVHJXLUDGX]LGRV
,±)DWRV
'HDFRUGRFRPDFySLDGDFHUWLGmRGDPDWUtFXODDQH[DGRFXPHQWR
DDXWRUDpSURSULHWiULDHSRVVXLGRUDGRLPyYHOORFDOL]DGRQD
2LPyYHOGDDXWRUDpGHVWLQDGRDRFXOWLYRSHUPDQHQWHGHHXFDOLSWR
SDUDFRUWHFRQIRUPHSURYDD~OWLPDGHFODUDomRGR,75GRFXPHQWR
GLVSRQGR WDPEpP GH XPD FDVD RQGH IXQFLRQD R DORMDPHQWR GRV
HPSUHJDGRV
2FRUUHTXHHPYLUWXGHGHJUHYHQDFLRQDOGRVWUDEDOKDGRUHVUXUDLV
R VLQGLFDWR GD UHJLmR HVWi FRQYRFDQGR JUHYLVWDV D ILP GH LQYDGLU D
SURSULHGDGHGDDXWRUDRTXHVHSURYDDWUDYpVGRVLQFOXVRVSDQIOHWRV


TXHHVWmRVHQGRGLVWULEXtGRVQDFLGDGHGHGRFXPHQWR
$ DPHDoD GR OtGHU GR PRYLPHQWR H SUHVLGHQWH GR VLQGLFDWR IRL
SHUSHWUDGD FDWHJRULFDPHQWH SHUDQWH LQ~PHUDV WHVWHPXQKDV
FRQIRUPHGHFODUDo}HVDQH[DVGRFXPHQWR
,,±'LUHLWR
2 DUWLJR  GR &yGLJR &LYLO GHIHUH SURWHomR DR SRVVXLGRU
DPHDoDGR FXMR SURFHGLPHQWR p UHJXODGR SHOR &yGLJR GH 3URFHVVR
&LYLOQRVDUWLJRVH
2XWURVVLP p UHPDQVRVD D MXULVSUXGrQFLD DFROKHQGR R LQWHUGLWR
QHVVDVKLSyWHVHV

3ULPHLUR 7ULEXQDO GH $OoDGD &LYLO GH 6mR 3DXOR ³&RPSHWrQFLD

3RVVHVVyULD ,QWHUGLWR SURLELWyULR± WXUEDomR GD SRVVH SRU PRYLPHQWR
JUHYLVWD $OHJDomR SHOR VLQGLFDWR UHFRUUHQWH GH FRPSHWLU j -XVWLoD GR
7UDEDOKR WDO MXOJDPHQWR 'HVFDELPHQWR SRUTXH QmR VH TXHVWLRQD R
GLUHLWR GH SRVVH GR EDQFR UHFRUULGR 5HFXUVR LPSURYLGR 3RVVHVVyULD
,QWHUGLWRSURLELWyULR7XUEDomRGDSRVVHSRUPRYLPHQWRJUHYLVWD/LPLQDU
GHIHULGD SRUTXH SUHVHQWH R UHTXLVLWR H[LJLGR SHOR DUWLJR  GR &yGLJR
GH3URFHVVR&LYLO5HFXUVRLPSURYLGR´$FyUGmRQž±3URFHVVRQž
 ± $JUDYR GH ,QVWUXPHQWR ± 6mR 3DXOR ±  &kPDUD ±
MXOJDPHQWR±UHODWRU6DOOHVGH7ROHGR±GHFLVmRXQkQLPH
3ULPHLUR 7ULEXQDO GH $OoDGD &LYLO GH 6mR 3DXOR ³,QWHUGLWR SURLELWyULR
3RVVHVVyULD 'LUHLWR GH JUHYH /LPLQDU FRQFHGLGD SRUTXH D SRVVH IRUD
PROHVWDGD H DPHDoDGD SRU VLQGLFDOL]DGRV ± DGPLVVLELOLGDGH XPD YH]
TXH HVWDULD VH HYLWDQGR D LQWHUUXSomR GD SURGXomR FRP FRQVHTXHQWH
SUHMXt]R +LSyWHVH DGHPDLV HP TXH R DEXVR GR H[HUFtFLR GR GLUHLWR GH
JUHYH VXMHLWD RV UHVSRQViYHLV jV SHQDV GD OHL UHFRQKHFLGD D
FRPSHWrQFLDGDMXVWLoDFRPXPSRLVDUHODomRH[LVWHQWHHQWUHDVSDUWHV
p GH LQYRFDomR GRV LQWHUGLWRV ± OLPLQDU PDQWLGD ± UHFXUVR LPSURYLGR´
$FyUGmRQž±3URFHVVRQž±$JUDYRGH,QVWUXPHQWR±
,WDSHYD ±  &kPDUD ± MXOJDPHQWR  ± UHODWRU 5LEHLUR GH
6RX]D±GHFLVmRXQkQLPH
,,,±3HGLGR
'LDQWHGRH[SRVWRUHTXHUDDXWRUDDSURFHGrQFLDGDSUHVHQWHDomR
FRPDFRQVHTXHQWHFRQFHVVmRGRPDQGDGRSURLELWyULRLPSRQGRVHDR
UpX SHQD SHFXQLiULD GH 5  SRU GLD QR FDVR GH HIHWLYDomR GR


HVEXOKRRXWXUEDomRDOpPGDFRQGHQDomRHPFXVWDVHKRQRUiULRVGH
DGYRJDGR
5HTXHU DLQGD D FRQFHVVmR OLPLQDU GR PDQGDGR SURLELWyULR FRP D
IL[DomR GD SHQD SHFXQLiULD GH 5  SRU GLD QR FDVR GH
WUDQVJUHVVmR
,9±&LWDomR
5HTXHUVH D FLWDomR GRV UpXV SRU RILFLDO GH MXVWLoD QRV WHUPRV GR
DUWLJR  LQFLVR ,, GR &yGLJR GH 3URFHVVR &LYLO UHTXHUHQGRVH
GHVGHMiTXHRHQFDUUHJDGRGDGLOLJrQFLDSURFHGDQRVGLDVHKRUiULRV
GH H[FHomR &yGLJR GH 3URFHVVR &LYLO DUW  † ž H WUDWDQGRVH
GHFRQIOLWRFROHWLYRSHODSRVVHDFLWDomRSHVVRDOGRVRFXSDQWHVTXH
IRUHP HQFRQWUDGRV QR ORFDO H RV TXH QmR IRUHP QD GLOLJrQFLD TXH
GHYH VHU ~QLFD &3& DUW  † ž D FLWDomR SRU HGLWDO H GHPDLV
GLVVR D LQWLPDomR GR 0LQLVWpULR 3~EOLFR H VH HQYROYHU SHVVRDV HP
VLWXDomR GH KLSRVVXILFLrQFLD HFRQ{PLFD GD 'HIHQVRULD 3~EOLFD WXGR
SDUD
DTXHUHQGRRIHUHFHUDGHIHVDTXHWLYHUHPVRESHQDGHFRQILVVmRH
HIHLWRVGDUHYHOLD&yGLJRGH3URFHVVR&LYLODUW
EFRPSDUHFHUjDXGLrQFLDGHMXVWLILFDomRQRVWHUPRVGRDUWLJR
VHJXQGD SDUWH GR &yGLJR GH 3URFHVVR &LYLO FDVR HVWD VHMD
GHVLJQDGDSRU9RVVD([FHOrQFLD
9±3URYDV
3URWHVWD D DXWRUD SRU SURYDU R DOHJDGR DWUDYpV GH WRGRV RV PHLRV
GHSURYDHPGLUHLWRDGPLWLGRVHVSHFLDOPHQWHSHODSURGXomRGHSURYD
GRFXPHQWDO WHVWHPXQKDO SHULFLDO H LQVSHomR MXGLFLDO GHSRLPHQWR
SHVVRDO GR UpX VRE SHQD GH FRQILVVmR FDVR QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLOLQFOXVLYHHPHYHQWXDODXGLrQFLDGHMXVWLILFDomR
9,±9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD


 $GYRJDGR2$%

8.4. AÇÃO DE DIVISÃO DE TERRAS PARTICULARES

([PRD6UD'UD-XL]DGH'LUHLWRGD

 YHP UHVSHLWRVDPHQWH SRU VHXV DGYRJDGRV H SURFXUDGRUHV
GRFXPHQWR  FRP HVFULWyULR QD  RQGH UHFHEHUmR LQWLPDo}HV
SURSRUHPIDFHGHDFRPSHWHQWH
$omRGLYLVyULD
R TXH ID] FRP VXSHGkQHR QR DUWLJR  GR &yGLJR &LYLO H DUWV
HVHJXLQWHVGR&yGLJRGH3URFHVVR&LYLOSHORVIDWRVHUD]}HVD
VHJXLUH[SRVWRV
,±)DWRV
2 LPyYHO VLWXDGR QR GLVWULWR GH  GHVWH 0XQLFtSLR p GH
FRSURSULHGDGHGRUHTXHUHQWHHGRUHTXHULGR
2V FRPXQKHLURV UHFHEHUDP R LPyYHO SRU KHUDQoD GH VHX SDL
VHJXQGRIRUPDOGHSDUWLOKDRUDH[LELGRGRFXPHQWR
&RP  KHFWDUHV GH iUHD R LPyYHO HQFRQWUDVH SHUIHLWDPHQWH
GHVFULWR H LQGLYLGXDOL]DGR QD PDWUtFXOD DQH[D GRFXPHQWR  GD
VHJXLQWHIRUPD
'HVFULomR GR LPyYHO VLWXDomR OLPLWHV H FDUDFWHUtVWLFRV H WRGDV DV
EHQIHLWRULDVHDFHVV}HVQHOHFRQWLGDV
$WXDOPHQWHRLPyYHOTXHVHUHTXHUDGLYLVmRGHVWLQDVHjFXOWXUDGH
WHQGRDVVHJXLQWHVDFHVV}HVGHVFUHYHUDVDFHVV}HV
2 UHTXHUHQWH TXH UHVLGH QR LPyYHO QHOH UHDOL]RX DV VHJXLQWHV
EHQIHLWRULDV GHVFUHYHU DV EHQIHLWRULDV UHDOL]DGDV SHOR UHTXHUHQWH H
LQGLFDUDUHVSHFWLYDVLWXDomR
,,±'LUHLWR
$WRGRWHPSRpOtFLWRDRFRQG{PLQRH[LJLUDGLYLVmRGDFRLVDFRPXP
&yGLJR&LYLODUW
3RUWDQWR FDEH DomR GH GLYLVmR DR FRQG{PLQR SDUD REULJDU RV
GHPDLV FRQVRUWHV D SDUWLOKDU D FRLVD FRPXP &yGLJR GH 3URFHVVR


&LYLODUW,,
6HQGRDVVLPQmRFRQYLQGRDRUHTXHUHQWHDFRQWLQXLGDGHGRHVWDGR
GHFRPXQKmRTXHUSURPRYHUDGLYLVmRJHRGpVLFDGRLPyYHO
,,,±3HGLGR
(PUD]mRGRVIDWRVHGRGLUHLWRRUDH[SRVWRUHTXHUVHRMXOJDPHQWR
GD SURFHGrQFLD GD YHUWHQWH DomR GLYLGLQGRVH H SDUWLOKDQGRVH R
LPyYHOHPWHVWLOKD
,9±&LWDomR
(P IDFH GR H[SRVWR UHTXHU D 9RVVD ([FHOrQFLD D FLWDomR GR
FRQVRUWH LQGLFDGR QR SUHkPEXOR SDUD RV WHUPRV GD SUHVHQWH DomR
FLWDomR HVVD QRV PROGHV GR DUWLJR  GR &yGLJR GH 3URFHVVR &LYLO
VHJXLQGRVHDSyVDHYHQWXDOUHVSRVWDRSURFHGLPHQWRFRPXP&3&
DUW
9±$XGLrQFLDGH&RQFLOLDomR
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR R DXWRU GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
9,±3URYDV
3URWHVWD D DXWRUD SRU SURYDU R DOHJDGR DWUDYpV GH WRGRV RV PHLRV
GHSURYDHPGLUHLWRDGPLWLGRVHVSHFLDOPHQWHSHODSURGXomRGHSURYD
GRFXPHQWDOSHULFLDOHLQVSHomRMXGLFLDO
9,±9DORUGDFDXVD
'iVH j FDXVD R YDORU GH 5  YDORU GH DYDOLDomR GR LPyYHO
GRFXPHQWR
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGR2$%63


 8.5. AÇÃO DE DEMARCAÇÃO DE TERRAS PARTICULARES

([PRD6UD'UD-XL]DGH'LUHLWRGD«

YHPPXLUHVSHLWRVDPHQWHSRUVHXVDGYRJDGRVHSURFXUDGRUHV
GRFXPHQWR  FRP HVFULWyULR QD  RQGH UHFHEHUmR LQWLPDo}HV
SURSRUHPIDFHGHDFRPSHWHQWH
$omRGHGHPDUFDomRGHWHUUDVSDUWLFXODUHV
R TXH ID] FRP VXSHGkQHR QR DUWLJR  GR &yGLJR &LYLO H DUWV
HVHJXLQWHVGR&yGLJRGH3URFHVVR&LYLOSHORVIDWRVHUD]}HVD
VHJXLUH[SRVWRV
,±)DWRV
2 UHTXHUHQWH SRU HVFULWXUD S~EOLFD ODYUDGD QR 7DEHOLmR GH 1RWDV
GHGRFXPHQWRDGTXLULXPHGLDQWHFRQWUDWRGHFRPSUDHYHQGD
XPDJOHEDGHWHUUDVFRPKHFWDUHVGHYLGDPHQWHFDUDFWHUL]DGDQD
PDWUtFXODQžGRFXPHQWR
2 LPyYHO GHQRPLQDGR  p VLWXDGR QR GLVWULWR GH  QHVWH
0XQLFtSLR
6mRFRQIURQWDQWHV
DSHORODGRQRUWHTXDOLILFDUSURSULHWiULRVRXLQGLFDURXWURVPDUFRV
WDLVFRPRULRHVWUDGDHWFFXMDVGLYLVDVHGHPDUFDo}HVVmRSHUIHLWDV
E D RHVWH TXDOLILFDU SURSULHWiULRV RX LQGLFDU RXWURV PDUFRV WDLV
FRPRULRHVWUDGDHWFWDPEpPFRPGLYLVDVHGHPDUFDo}HVSHUIHLWDV
FDRVXORUHTXHULGRFXMDGHPDUFDomRRUDVHUHTXHU
7RGRVRVFRQIURQWDQWHVUHVLGHPQHVWH0XQLFtSLR
2LPyYHOQmRWHPPDUFRVDVVLQDODQGRRVVHXVOLPLWHVFRPRLPyYHO
GRUHTXHULGR
'HVVHPRGRSRGHPVXUJLUG~YLGDVIXWXUDVTXHRUHTXHUHQWHTXHU
HYLWDUGHPDUFDQGRRLPyYHOGHVXDSURSULHGDGH
1mR WHQGR KDYLGR FRPSRVLomR DPLJiYHO EDOGRV RV HVIRUoRV GR
UHTXHUHQWH QRWLILFDo}HV DQH[DV ± GRFXPHQWR  QmR OKH UHVWRX
DOWHUQDWLYDVHQmRDSURSRVLWXUDGDSUHVHQWHDomR
,,±'LUHLWR


 7RGRSURSULHWiULRSRGHREULJDURVHXFRQILQDQWHDSURFHGHUFRPHOH
j GHPDUFDomR HQWUH GRLV SUpGLRV UHSDUWLQGRVH SURSRUFLRQDOPHQWH
HQWUH RV LQWHUHVVDGRV DV UHVSHFWLYDV GHVSHVDV &yGLJR &LYLO DUW

$DomRGHGHPDUFDomRFRPSHWHDRSURSULHWiULRGHXPSUpGLRFRQWUD
RVSRVVXLGRUHVGRSUpGLRFRQILQDQWHEXVFDQGRDIL[DomRGHUXPRVRX
DYLYHQWDomRGRVH[LVWHQWHV&yGLJRGH3URFHVVR&LYLODUW,
,,,±3HGLGR
'LDQWH GR H[SRVWR H SURYDGR R VHX GRPtQLR VREUH R LPyYHO FRP D
HVFULWXUD GHYLGDPHQWH UHJLVWUDGD MXQWR DR RILFLDO GH 5HJLVWUR GH
,PyYHLV UHTXHU GLJQHVH 9RVVD ([FHOrQFLD GH MXOJDU SURFHGHQWH D
DomRGHWHUPLQDQGRRWUDoDGRGDOLQKDGHPDUFDGDFRPDFRQVHTXHQWH
GHPDUFDomR SHOR SHULWR QRPHDGR SRU 9RVVD ([FHOrQFLD
KRPRORJDQGRVH D GHPDUFDomR HIHWXDGD &yGLJR GH 3URFHVVR &LYLO
DUWVHFRQGHQDQGRRUHTXHULGRHPFXVWDVHKRQRUiULRVQRV
OLPLWHVOHJDLV
,9±&LWDomR
5HTXHU D 9RVVD ([FHOrQFLD D FLWDomR GR FRQILQDQWH GD OLQKD
GHPDUFDGDLQGLFDGRQRSUHkPEXORSDUDTXHUHQGRRIHUHFHUDGHIHVD
TXH WLYHU VRE SHQD GH UHYHOLD &yGLJR GH 3URFHVVR &LYLO DUWV 
FLWDomR HVVD QRV PROGHV GR DUWLJR  GR &yGLJR GH 3URFHVVR &LYLO
VHJXLQGRVHDSyVDHYHQWXDOUHVSRVWDRSURFHGLPHQWRFRPXP&3&
DUW  IDFXOWDQGRVH DR VHQKRU RILFLDO GH MXVWLoD HQFDUUHJDGR GD
GLOLJrQFLD SURFHGHU QRV GLDV H KRUiULRV GH H[FHomR &yGLJR GH
3URFHVVR&LYLODUW†ž
9±$XGLrQFLDGH&RQFLOLDomR
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR R DXWRU GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
9,±3URYDV
3URWHVWD D DXWRUD SRU SURYDU R DOHJDGR DWUDYpV GH WRGRV RV PHLRV


GHSURYDHPGLUHLWRDGPLWLGRVHVSHFLDOPHQWHSHODSURGXomRGHSURYD
GRFXPHQWDOWHVWHPXQKDOSHULFLDOHLQVSHomRMXGLFLDO
9,±9DORUGDFDXVD
'iVH j FDXVD R YDORU GH 5 YDORU GH DYDOLDomR GR LPyYHO
GRFXPHQWR±FySLDV
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGR2$%63

8.6. AÇÃO DE DISSOLUÇÃO PARCIAL DE SOCIEDADE

([PRD6UD'UD-XL]DGH'LUHLWRGD«

 YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD SRU VHXV
DGYRJDGRV GRFXPHQWR  SURSRU HP IDFH GH LQFOXLU VyFLRV H
VRFLHGDGHQRVWHUPRVGRDUWGR&3&DSUHVHQWH
$omRGHGLVVROXomRSDUFLDOGHVRFLHGDGHFRPDSXUDomRGHKDYHUHV
R TXH ID] FRP VXSHGkQHR QR DUW  H VHJXLQWHV GR &yGLJR GH
3URFHVVR&LYLOSHORVIDWRVHIXQGDPHQWRVMXUtGLFRVDVHJXLUH[SRVWRV
,±5D]}HVGHIDWRHGHGLUHLWR
2DXWRUpILOKRHSRUWDQWRVXFHVVRUGRVyFLRIDOHFLGRQRGLD
H FXMD DGMXGLFDomR GRV EHQV H GLUHLWRV VH GHX SRU HVFULWXUD S~EOLFD
ODYUDGDSHOR
3RUWDQWRFRXEHDRDXWRUDWRWDOLGDGHGDVFRWDVGRVHXSDL
1DGD REVWDQWH QmR SUHWHQGHQGR LQWHJUDU D VRFLHGDGH QRV WHUPRV
GRDUW,,GR&yGLJRGH3URFHVVR&LYLOSURFXURXRVGHPDLVVyFLRV
SDUDDSXUDomRDPLJiYHOGRVKDYHUHVVHPTXHREWLYHVVHr[LWR
'HVFUHYHU RV PRWLYRV GD GLVFRUGkQFLD H HYHQWXDLV IDWRV TXH
MXVWLILFDPWXWHODSURYLVyULDGHXUJrQFLD
3HORV GRFXPHQWRV DQH[RV SRVVtYHO FRQFOXLU TXH RV VyFLRV HVWmR
GLODSLGDQGR R SDWULP{QLR GD VRFLHGDGH FRP R ILUPH SURSyVLWR GH


SUHMXGLFDURUHTXHUHQWH
6HQGR DVVLP UHVWD FULVWDOLQR R GLUHLWR GR UHTXHUHQWH HP H[LJLU D
GLVVROXomRSDUFLDOHVHXVKDYHUHV
,, ± 7XWHOD SURYLVyULD GH XUJrQFLD GH QDWXUH]D FDXWHODU
LQFLGHQWDO
1RVWHUPRVGRVDUWVHGR&yGLJRGH3URFHVVR&LYLOUHTXHU
RDXWRUDWXWHODSURYLVyULDGHXUJrQFLDGHQDWXUH]DFDXWHODULQFLGHQWDO
FRP R DUUHVWR GH SDUWH GR HVWRTXH H EORTXHLR GR HTXLYDOHQWH D 
QDVFRQWDVGDVRFLHGDGHDSWRVDJDUDQWLUDDSXUDomRGRVKDYHUHVGR
DXWRU
$ PHGLGD TXH RUD VH UHTXHU p SOHQDPHQWH DGPLWLGD SHORV WULEXQDLV
HQHVVHVHQWLGR

7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³7XWHOD DQWHFLSDGD $omR GH

GLVVROXomRSDUFLDOGHVRFLHGDGHFFDDSXUDomRGHKDYHUHVFREUDQoDH
LQGHQL]DomR,QGHIHULPHQWRUHIRUPDGR3URYDLQHTXtYRFDGHTXHRFRUUpX
SUHWHQGH PXGDUVH SDUD RV (8$ WUDQVIHULQGR SDUD Oi DV DWLYLGDGHV GD
HPSUHVD GD TXDO p VyFLR R DXWRU KDYHQGR DLQGD YDORUHV D OKH VHUHP
SDJRV )XQGDGR UHFHLR GH GDQR LUUHSDUiYHO RX GH GLItFLO UHSDUDomR H
UHYHUVLELOLGDGH GD PHGLGD  $UUHVWR GH EHQV H EORTXHLR RQOLQH GH
DWLYRV ILQDQFHLURV DWp R OLPLWH GR DOHJDGR FUpGLWR 5HFXUVR SURYLGR´
5HODWRUD 7HL[HLUD /HLWH ± &RPDUFD 6mR 3DXOR ± ÏUJmR MXOJDGRU 
&kPDUD 5HVHUYDGD GH 'LUHLWR (PSUHVDULDO ± 'DWD GR MXOJDPHQWR
±'DWDGHUHJLVWUR
,,,±3HGLGR
,VWR SRVWR UHTXHUVH D FLWDomR GRV UpXV SHOR FRUUHLR QRV WHUPRV
GRV DUWV  ,  H  GR &3& RX SRU RILFLDO GH MXVWLoD QRV
WHUPRVGRDUW,,GR&yGLJRGH3URFHVVR&LYLOHGDVRFLHGDGH
SHOR FDGDVWUR QRV VLVWHPDV GH SURFHVVR HP DXWRV HOHWU{QLFRV &3&
DUW†žSDUDTXHUHQGRFRQWHVWDUQRSUD]ROHJDOGHTXLQ]H
GLDV&3&DUWHDRILQDOUHTXHURDXWRUTXH9RVVD([FHOrQFLD
MXOJXHSURFHGHQWHDDomRFRPDFRQGHQDomRGRVUpXVQRSDJDPHQWR
GRV KDYHUHV GR DXWRU D VHUHP DSXUDGRV HP OLTXLGDomR QD IRUPD GR
DUWGR&yGLJRGH3URFHVVR&LYLOGHFODUDQGRRXWURVVLPDGDWDGD
GLVVROXomRQRGLDGDPRUWHGRVyFLRQRVWHUPRVGRDUW,GR


&yGLJRGH3URFHVVR&LYLO
5HTXHUVH SRU ILP D FRQGHQDomR GRV UpXV QR SDJDPHQWR GH
FXVWDV H KRQRUiULRV TXH 9RVVD ([FHOrQFLD DUELWUDU UHVSHLWDGRV RV
SDUkPHWURVOHJDLVGRDUWHVHJXLQWHVGR&yGLJRGH3URFHVVR&LYLO
,9±3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR RV UpXV QmR FRPSDUHoDP RX FRPSDUHFHQGR VH
QHJXHPDGHSRUDUW†žGR&yGLJRGH3URFHVVR&LYLO
9,,,±9DORUGDFDXVD
'iVHjSUHVHQWHRYDORUGH5
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

8.7. INVENTÁRIO E PARTILHA

8.7.1. Pedido de abertura de Inventário

([PRD6UD'UD-XL]DGH'LUHLWRGD«

 YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD SRU VHX
DGYRJDGRGRFXPHQWRUHTXHUHU
$EHUWXUDGHLQYHQWiULRGRVEHQVGHL[DGRVSHORIDOHFLPHQWRGH
R TXH ID] FRP IXQGDPHQWR QRV DUWLJRV  H VHJXLQWHV GR &yGLJR
GH3URFHVVR&LYLOSHORVVHJXLQWHVIDWRVHIXQGDPHQWRV
)DWRV
2UHTXHUHQWHpYHULILFDUDOHJLWLPLGDGHQRDUWGR&3&GR³GH
FXMXV´ IDOHFLGR QR GLD  QHVWD FLGDGH FRQIRUPH FHUWLG}HV GH


QDVFLPHQWRHGHyELWRDQH[DVGRFXPHQWR
1DpSRFDGRIDOHFLPHQWRR³GHFXMXV´HUDHVWDGRFLYLOGHL[DQGRRV
VHJXLQWHVKHUGHLURV
&RQVWD TXH QmR GHL[RX WHVWDPHQWR FRQIRUPH ID] SURYD D FHUWLGmR
DQH[DGRFXPHQWR
'LUHLWR
1RVWHUPRVGRDUWGR&yGLJRGH3URFHVVR&LYLO³2SURFHVVRGH
LQYHQWiULRHGHSDUWLOKDGHYHVHULQVWDXUDGRGHQWURGHGRLVPHVHVD
FRQWDU GD DEHUWXUD GD VXFHVVmR XOWLPDQGRVH QRV  GR]H PHVHV
VXEVHTXHQWHVSRGHQGRRMXL]SURUURJDU HVVHVSUD]RVGHRItFLRRXD
UHTXHULPHQWRGHSDUWH´
3RVWD DVVLP D TXHVWmR WHQGR HP YLVWD TXH R UHTXHUHQWH p SDUWH
OHJtWLPDSDUDSOHLWHDUDDEHUWXUDGRLQYHQWiULRRTXHVHLQIHUHGRDUW
GR&yGLJRGH3URFHVVR&LYLOUHTXHUVHDLQVWDXUDomR
1RPHDomRGHLQYHQWDULDQWH
2UHTXHUHQWHpGRIDOHFLGRHSRUWDQWRQRVWHUPRVGRDUW
GR &yGLJR GH 3URFHVVR &LYLO HVWi DSWR D H[HUFHU D IXQomR GH
LQYHQWDULDQWH DWp SRUTXH HQFRQWUDVH GHVGH D DEHUWXUD GD VXFHVVmR
QDSRVVHHDGPLQLVWUDomRGRVEHQV
1HVVHV WHUPRV UHTXHUVH D QRPHDomR GR UHTXHUHQWH FRPR
LQYHQWDULDQWHGRVEHQVGR³GHFXMXV´SUHVWDQGRFRPSURPLVVRSDUDR
H[HUFtFLRGRPLVWHU
3HGLGR
'LDQWH GR H[SRVWR UHVSHLWDGR R SUD]R GR DUW  GR &yGLJR GH
3URFHVVR&LYLOUHTXHU
DDDEHUWXUDGRLQYHQWiULR
E VHMD R UHTXHUHQWH QRPHDGR ,QYHQWDULDQWH SUHVWDQGR
FRPSURPLVVR SURWHVWDQGR SDUD FRP D QRPHDomR RIHUHFHU DV
SULPHLUDVGHFODUDo}HV
5HTXHURXWURVVLPSURYDURDOHJDGRSRUWRGRVRVPHLRVHPGLUHLWR
DGPLWLGRVQRWDGDPHQWHSHODMXQWDGDGHRXWURVGRFXPHQWRV
7HUPRVHPTXHDWULEXLQGRjFDXVDRYDORUGH5


 3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

8.7.2. Primeiras declarações

([PRD6UD'UD-XL]DGH'LUHLWRGD«

 YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD SRU VHX
DGYRJDGR QRV DXWRV GR LQYHQWiULR GRV EHQV GHL[DGRV SHOR
IDOHFLPHQWR GH  WHPSHVWLYDPHQWH QRV WHUPRV GR DUW  GR
&yGLJRGH3URFHVVR&LYLODSUHVHQWDU
3ULPHLUDVGHFODUDo}HV
2TXHID]QRVVHJXLQWHVWHUPRV
$XWRU GD +HUDQoD QRPH TXDOLILFDomR FRPSOHWD H ~OWLPR
GRPLFtOLR TXH IDOHFHX DRV  DQRV GHL[DQGR QRPHDU H TXDOLILFDU
YL~YDHGHPDLVKHUGHLURVQRVWHUPRVGDFHUWLGmRGHyELWRGHIOV
9L~YD PHHLUD RX &RPSDQKHLUD QRPH TXDOLILFDomR FRPSOHWD
HQGHUHoR H HPDLO FDVDGD FRP R IDOHFLGR SHOR UHJLPH  RX TXH
YLYLD FRP R IDOHFLGR PDULWDOPHQWH QRV WHUPRV GR FRQWUDWR GH
FRQYLYrQFLDDQH[R±VHKRXYHU
+HUGHLURV QRPH TXDOLILFDomR FRPSOHWD HQGHUHoR HPDLO
SDUHQWHVFRHTXDOLGDGHGRKHUGHLUR
%HQV GR (VSyOLR 'HVFUHYHU PLQXFLRVDPHQWH WRGRV RV EHQV
PyYHLV H LPyYHLV YHtFXORV GLUHLWRV Do}HV DSOLFDo}HV ILQDQFHLUDV
HWF
'tYLGDVGR(VSyOLRUHODFLRQDUDVGtYLGDVVHKRXYHUGHL[DGDVSHOR
IDOHFLGR
,VWR SRVWR GHVLQFXPELQGRVH GDV SULPHLUDV GHFODUDo}HV UHTXHU
HYHQWXDLVFRPSOHPHQWRVRXHVFODUHFLPHQWRVSRUYHQWXUDQHFHVViULRV
5HTXHUVH RXWURVVLP QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO D FLWDomR GRV KHUGHLURV OHJDWiULRV H GR F{QMXJH RX


FRPSDQKHLURGRIDOHFLGREHPFRPRDLQWLPDomRGD)D]HQGD3~EOLFD
HGR0LQLVWpULR3~EOLFRKDYHQGRLQWHUHVVHGHLQFDSD]RXDXVHQWH H
EHPDVVLPGRWHVWDPHQWHLURVHKRXYHUWHVWDPHQWR
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%
,QYHQWDULDQWHVHDSURFXUDomRQmRFRQWLYHUSRGHUHVHVSHFLDLVQRV
WHUPRVGR†žGRDUWGR&yGLJRGH3URFHVVR&LYLO

8.7.3. Pedido de colação

([PRD6UD'UD-XL]DGH'LUHLWRGD«

 YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD SRU VHX
DGYRJDGR QRV DXWRV GR LQYHQWiULR GRV EHQV GHL[DGRV SHOR
IDOHFLPHQWRGHFRPIXQGDPHQWRQRVDUWLJRVDGR&yGLJR
GH 3URFHVVR &LYLO WHQGR HP YLVWD TXH QR SUD]R GR DUW  KRXYH
PHQomR j GRDomR UHFHELGD GR IDOHFLGR VHP GLVSHQVD GH FRODomR
UHTXHUHU D LQWLPDomR GR KHUGHLUR  SDUD TXH WUDJD RV EHQV
UHFHELGRVHPGRDomRVXMHLWRVTXHHVWmRjFRODomRFRQIHULQGRRVSRU
WHUPRQRVDXWRV5HTXHUFDVRQmRPDLVSRVVXDRKHUGHLURWDLVEHQV
VHMDPDSRQWDGRVRVUHVSHFWLYRVYDORUHVVRESHQDGHUHVSRQGHUSHOD
VRQHJDomR
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

8.7.4. Habilitação de crédito

([PRD6UD'UD-XL]DGH'LUHLWRGD«


  YHP UHVSHLWRVDPHQWH SRU VHXV DGYRJDGRV H SURFXUDGRUHV
GRFXPHQWR  FRP IXQGDPHQWR QR DUW  GR &yGLJR GH 3URFHVVR
&LYLOUHTXHUHU
+DELOLWDomRGHFUpGLWR
1RVDXWRVGRLQYHQWiULRGRVEHQVGHL[DGRVSHORIDOHFLPHQWRGH
SURFHVVRQžRTXHID]SHODVUD]}HVGHIDWRHGHGLUHLWRDVHJXLU
DGX]LGDV
2UHTXHUHQWHpFUHGRUGR³GHFXMXV´HPUD]mRGHFRQIRUPHID]
SURYDRGRFXPHQWRDQH[RGRFXPHQWR
$GtYLGDQmRIRLSDJDHRYHQFLPHQWRVHGHXSRUWDQWRQRGLD
RXDGtYLGDYHQFHUiQRGLD
3RVWD DVVLP D TXHVWmR UHTXHUVH D GLVWULEXLomR GD SUHVHQWH
KDELOLWDomR SRU GHSHQGrQFLD DRV DXWRV GR SURFHVVR GH LQYHQWiULR H
VXD DXWXDomR HP DSHQVR SDUD REVHUYDGDV DV IRUPDOLGDGHV OHJDLV
VHMDP VHSDUDGRV EHQV VXILFLHQWHV DR SDJDPHQWR GR FUpGLWR H VHXV
DFUpVFLPRVRXVHQGRRFDVRHPPRHGDFRUUHQWH
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

8.7.5. Esboço de partilha

([PRD6UD'UD-XL]DGH'LUHLWRGD«

 YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD SRU VHX
DGYRJDGR QRV DXWRV GR LQYHQWiULR GRV EHQV GHL[DGRV SHOR
IDOHFLPHQWR GH  WHPSHVWLYDPHQWH QRV WHUPRV GR DUW  GR
&yGLJRGH3URFHVVR&LYLODSUHVHQWDU
(VERoRGHSDUWLOKD
RTXHID]QRVVHJXLQWHVWHUPRV
%HQV
2³GHFXMXV´GHL[RXRVVHJXLQWHVEHQVQRYDORUGH


 'HVFUHYHU PLQXFLRVDPHQWH WRGRV RV EHQV PyYHLV H LPyYHLV
YHtFXORVGLUHLWRVDo}HVDSOLFDo}HVILQDQFHLUDVHWF
9DORUWRWDOGRVEHQV
9DORUGDPHDomR
4XLQKmRGRVKHUGHLURV
3DJDPHQWRV
D 3DJDPHQWR j YL~YDPHHLUD  D VXD UHVSHFWLYD PHDomR
WRWDOL]DQGRFRPRVVHJXLQWHVEHQV
E3DJDPHQWRDRKHUGHLURRVHXUHVSHFWLYRTXLQKmRWRWDOL]DQGR
FRPRVVHJXLQWHVEHQV
F3DJDPHQWRDRKHUGHLURRVHXUHVSHFWLYRTXLQKmRWRWDOL]DQGR
FRPRVVHJXLQWHVEHQV

$QWH R RUD H[SRVWR H HQFRQWUDQGRVH TXLWDGR R ,PSRVWR GH
7UDQVPLVVmRUHTXHUVHDKRPRORJDomRGDSDUWLOKDGHWHUPLQDQGRVH
FRP R WUkQVLWR HP MXOJDGR GD VHQWHQoD KRPRORJDWyULD D H[SHGLomR
GRVFRPSHWHQWHVIRUPDLV
7HUPRVHPTXH
3HGHPGHIHULPHQWR
'DWD
$GYRJDGR2$%

8.7.6. Arrolamento sumário

([PRD6UD'UD-XL]DGH'LUHLWRGD

 YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD SRU VHX
DGYRJDGRGRFXPHQWRUHTXHUHU
$UURODPHQWRVXPiULR
R TXH ID] FRP IXQGDPHQWR QRV DUWV  D  GR &yGLJR GH
3URFHVVR&LYLOHQDVUD]}HVGHIDWRHGHGLUHLWRDVHJXLUDGX]LGDV
1R GLD  IDOHFHX  QRPH TXDOLILFDomR FRPSOHWD H ~OWLPR


GRPLFtOLR DRV  DQRV GHL[DQGR QRPHDU H TXDOLILFDU YL~YD H
GHPDLV KHUGHLURV FRQIRUPH GRFXPHQWRV DQH[RV FHUWLGmR GH yELWR
GH QDVFLPHQWR GRV KHUGHLURV H GH FDVDPHQWR GD YL~YD PHHLUD ±
GRFXPHQWR
&RQVWD TXH QmR GHL[RX WHVWDPHQWR FRQIRUPH ID] SURYD D FHUWLGmR
DQH[DGRFXPHQWR
2 UHTXHUHQWH HUD SRUWDQWR  GR IDOHFLGR H QHVVD TXDOLGDGH
UHTXHUVH VXD QRPHDomR SDUD R FDUJR GH DUURODQWH SRVWR TXH VH
HQFRQWUDQDSRVVHHDGPLQLVWUDomRGRVEHQVGRGHFXMXV
5HTXHUVH RXWURVVLP D MXQWDGD GH SURFXUDomR GH WRGRV RV
KHUGHLURV QD WRWDOLGDGH PDLRUHV H FDSD]HV EHP FRPR FHUWLG}HV
QHJDWLYDVGHLPSRVWRVVREUHRVEHQVGRHVSyOLR
,VWR SRVWR SHGHVH R SURFHVVDPHQWR GR DUURODPHQWR MXQWDQGR HP
GRFXPHQWRDQH[RDUHODomRGHKHUGHLURVDOpPGDGHFODUDomRGHEHQV
FRPSDUWLOKDDPLJiYHOUHDOL]DGDHQWUHRVKHUGHLURVUHTXHUHQGRVHVXD
KRPRORJDomRQRVWHUPRVGRDUWGR&yGLJRGH3URFHVVR&LYLO
'iVHjSUHVHQWHRYDORUGH5
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%
,QVWUXL D SUHVHQWH D SURFXUDomR GR F{QMXJH H GH WRGRV KHUGHLURV
E FHUWLGmR GH yELWR F FHUWLGmR GH FDVDPHQWR GR ³GH FXMXV´ FRP D
YL~YD PHHLUD RX FRQWUDWR GH FRQYLYrQFLD FRP D FRPSDQKHLUD G
FHUWLGmR GH QDVFLPHQWR H FDVDPHQWR GRV ILOKRV H FHUWLGmR QHJDWLYD
GH GpELWRV ILVFDLV GR (VSyOLR H I GRFXPHQWRV FRPSUREDWyULRV GDV
SURSULHGDGHV

8.7.7. Arrolamento (art. 664 do CPC)

([PRD6UD'UD-XL]DGH'LUHLWRGD

 YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD SRU VHX


DGYRJDGRGRFXPHQWRUHTXHUHU
$UURODPHQWR
2TXHID]FRPIXQGDPHQWRQRDUWGR&yGLJRGH3URFHVVR&LYLO
HQDVUD]}HVGHIDWRHGHGLUHLWRDVHJXLUDGX]LGDV
1R GLD  IDOHFHX  QRPH TXDOLILFDomR FRPSOHWD H ~OWLPR
GRPLFtOLR DRV  DQRV GHL[DQGR QRPHDU H TXDOLILFDU YL~YD H
GHPDLV KHUGHLURV FRQIRUPH GRFXPHQWRV DQH[RV FHUWLGmR GH yELWR
GH QDVFLPHQWR GRV KHUGHLURV H GH FDVDPHQWR GD YL~YD PHHLUD ±
GRFXPHQWR
&RQVWD TXH QmR GHL[RX WHVWDPHQWR FRQIRUPH ID] SURYD D FHUWLGmR
DQH[DGRFXPHQWR
2 UHTXHUHQWH HUD SRUWDQWR  GR IDOHFLGR H QHVVD TXDOLGDGH
UHTXHUVH VXD QRPHDomR SDUD R FDUJR GH DUURODQWH
LQGHSHQGHQWHPHQWHGHFRPSURPLVVRSRVWRTXHVHHQFRQWUDQDSRVVH
HDGPLQLVWUDomRGRVEHQVGR³GHFXMXV´
2XWURVVLP UHTXHU R SURFHVVDPHQWR GR SUHVHQWH DUURODPHQWR H
SDUDWDQWRRIHUHFHGHVGHMiDGHFODUDomRGHEHQVHGHKHUGHLURV
+HUGHLURV QRPH TXDOLILFDomR FRPSOHWD HQGHUHoR HPDLO
SDUHQWHVFRHTXDOLGDGHGRVKHUGHLURV
%HQV GR (VSyOLR GHVFUHYHU PLQXFLRVDPHQWH WRGRV RV EHQV FRP
YDORUHV VHMDP HOHV PyYHLV RX LPyYHLV YHtFXORV GLUHLWRV Do}HV
DSOLFDo}HVILQDQFHLUDVHWF
'tYLGDVGR(VSyOLRUHODFLRQDUDVGtYLGDVVHKRXYHUGHL[DGDVSHOR
IDOHFLGR
2V EHQV SRUWDQWR QmR XOWUDSDVVDP R OLPLWH GR DUW  GR &yGLJR
GH 3URFHVVR &LYLO GH  PLO VDOiULRV PtQLPRV R TXH DXWRUL]D R
SURFHVVDPHQWRGRLQYHQWiULRQDIRUPDGRDUURODPHQWR
2SODQRGHSDUWLOKDpRVHJXLQWH
D 3DJDPHQWR j YL~YDPHHLUD  D VXD UHVSHFWLYD PHDomR
WRWDOL]DQGRFRPRVVHJXLQWHVEHQV
E3DJDPHQWRDRKHUGHLURRVHXUHVSHFWLYRTXLQKmRWRWDOL]DQGR
FRPRVVHJXLQWHVEHQV
F3DJDPHQWRDRKHUGHLURRVHXUHVSHFWLYRTXLQKmRWRWDOL]DQGR


FRPRVVHJXLQWHVEHQV

5HTXHU SRU ILP VHMDP RV KHUGHLURV QmR UHSUHVHQWDGRV TXDLV
VHMDPFLWDGRVSDUDDFRPSDQKDUHPRYHUWHQWHDUURODPHQWR
3RVWD DVVLP D TXHVWmR UHTXHUVH D KRPRORJDomR GR DUURODPHQWR
GRV EHQV QRV WHUPRV GR SODQR RUD DSUHVHQWDGR RX VH KRXYHU
LPSXJQDomR GD HVWLPDWLYD TXH 9RVVD ([FHOrQFLD QD DXGLrQFLD GR †
žGRDUWGHOLEHUHVREUHDSDUWLOKD
7HUPRVHPTXHDWULEXLQGRjFDXVDRYDORUGH5
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%
,QVWUXL D SUHVHQWH D SURFXUDomR GR F{QMXJH H GH WRGRV KHUGHLURV
E FHUWLGmR GH yELWR F FHUWLGmR GH FDVDPHQWR GR ³GH FXMXV´ FRP D
YL~YD PHHLUD RX FRQWUDWR GH FRQYLYrQFLD FRP D FRPSDQKHLUD G
FHUWLGmR GH QDVFLPHQWR H FDVDPHQWR GRV ILOKRV H FHUWLGmR QHJDWLYD
GH GpELWRV ILVFDLV GR (VSyOLR H I GRFXPHQWRV FRPSUREDWyULRV GDV
SURSULHGDGHV

8.7.8. Sobrepartilha

([PRD6UD'UD-XL]DGH'LUHLWRGD

HSRUVHXDGYRJDGRGRFXPHQWRQRVDXWRVGHLQYHQWiULR
GRV EHQV GHL[DGRV SHOR IDOHFLPHQWR GH  SURFHVVR Q  YrP
UHVSHLWRVDPHQWHSHUDQWH9RVVD([FHOrQFLDUHTXHUHU
6REUHSDUWLOKD
R TXH ID]HP FRP IXQGDPHQWR QRV DUWV  H  GR &yGLJR GH
3URFHVVR&LYLOH[SRQGRHUHTXHUHQGRRTXDQWRVHJXH
1RV WHUPRV GR GRFXPHQWR DQH[R GRFXPHQWR  DSHQDV DJRUD
GHSRLV GH OHYDGD D HIHLWR D SDUWLOKD IRL ORFDOL]DGR RXWUR LPyYHO
SHUWHQFHQWHDRHVSyOLRTXHSRUWDOUD]mRQmRIRLLQYHQWDULDGR
2LPyYHOHVWiDVVLPGHVFULWRHFDUDFWHUL]DGR


 3RVWDGHVWDPDQHLUDDTXHVWmRQRVWHUPRVGRDUWLQFLVR,,GR
&yGLJR GH 3URFHVVR &LYLO PLVWHU VH ID] D VREUHSDUWLOKD GR UHIHULGR
EHP HP UD]mR GR TXH VH DSUHVHQWD R SODQR GH VREUHSDUWLOKD QRV
WHUPRVTXHDEDL[RVHJXHP
3ODQRGHVREUHSDUWLOKDDPLJiYHO
D 3DJDPHQWR j YL~YDPHHLUD  D VXD UHVSHFWLYD PHDomR
WRWDOL]DQGR
E3DJDPHQWRDRKHUGHLURRVHXUHVSHFWLYRTXLQKmRWRWDOL]DQGR

F3DJDPHQWRDRKHUGHLURRVHXUHVSHFWLYRTXLQKmRWRWDOL]DQGR


7HUPRVHPTXHDWULEXLQGRjFDXVDRYDORUGH5
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

8.8. EMBARGOS DE TERCEIRO

([PR6U'U-XL]GH'LUHLWRGD
'LVWULEXLomRSGHSHQGrQFLDDR3URFHVVRQž±H[HFXomR
 YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD SRU VHXV
DGYRJDGRVGRFXPHQWRRSRUHPIDFHGRRVSUHVHQWHV
(PEDUJRVGHWHUFHLUR
R TXH ID] FRP VXSHGkQHR QR DUW  H VHJXLQWHV GR &yGLJR GH
3URFHVVR&LYLOSHORVIDWRVHIXQGDPHQWRVMXUtGLFRVDVHJXLUH[SRVWRV
5HVXPR
2EMHWR ,PyYHO REMHWR GD PDWUtFXOD Qž  MXQWR DR  RItFLR GH
5HJLVWURGH,PyYHLVGD&DSLWDO±63
(PEDUJDQWH
(PEDUJDGR


 'DWDGDDTXLVLomRGRREMHWRGRVHPEDUJRVIOVGDH[HFXomR
HGRFXPHQWRGHVWHVHPEDUJRV
'DWDGRFRQWUDWRTXHJHURXDDomRGHH[HFXomRGRFXPHQWR
GDH[HFXomR
'DWDGRDIRUDPHQWRGDH[HFXomR
'DWDGDFRQVWULomRMXGLFLDOIOVGDH[HFXomR
)XQGDPHQWRV GRV HPEDUJRV DXVrQFLD GH UHTXLVLWRV GD IUDXGH j
H[HFXomRGRDUW,9GR&yGLJRGH3URFHVVR&LYLOYH]TXH
DDDOLHQDomRIRLOHYDGDDHIHLWRSRUGHYHGRUVROYHQWHGRFXPHQWR
±EHPOLYUHHVXILFLHQWHHPQRPHGRH[HFXWDGR
EQmRKiDQWHULRULGDGHGRFUpGLWRHPUHODomRjDOLHQDomRRFRUULGD
HP
FFRQVHJXLQWHPHQWHQmRKRXYHFRQVLOLXPIUDXGH
,±)DWRV
2(PEDUJDQWHGHERDIpHPSUHJDQGRDVHFRQRPLDVGHXPDYLGD
GHWUDEDOKRKRQHVWRDWUDYpVGH(VFULWXUD3~EOLFDODYUDGDQRGLD
DGTXLULX GH  SDUD VXD UHVLGrQFLD R LPyYHO ORFDOL]DGR QD 
GRFXPHQWR  WRPDQGR WRGDV DV FDXWHODV H H[WUDLQGR WRGDV DV
FHUWLG}HV
$R WHQWDU UHJLVWUDU D HVFULWXUD MXQWR DR  RILFLDO GH 5HJLVWUR GH
,PyYHLV WRPRX FRQKHFLPHQWR GH TXH R LPyYHO IRUD SHQKRUDGR
GRFXPHQWR  QRV DXWRV GD DomR GH H[HFXomR SRU TXDQWLD FHUWD
3URFHVVRQžDIRUDGDQRGLDSHOR%DQFRHPIDFHGH
TXHVHSURFHVVDSHUDQWHHVVD00-Xt]RH5&DUWyULR
(QWUHWDQWR R HPEDUJDQWH p OHJtWLPR SRVVXLGRU GR LPyYHO DGTXLULGR
GHTXHSRUVXDYH]VmRVXFHVVRUHVGHTXHDGTXLULXRLPyYHO
GH  SRU ,QVWUXPHQWR 3DUWLFXODU GH &RPSURPLVVR GH &RPSUD H
9HQGDILUPDGRHPGRFXPHQWR
6HQGR DVVLP D HVFULWXUD RXWRUJDGD SHOR H[HFXWDGR  HP  H
UHJLVWUDGD HP  GR PHVPR DQR 5 GD PDWUtFXOD ± GRFXPHQWR 
GHX FXPSULPHQWR MXVWDPHQWH DR FRPSURPLVVR GH FRPSUD H YHQGD
GRFXPHQWRGDWDGRGH
&XPSUH HVFODUHFHU D 9RVVD ([FHOrQFLD TXH D SHQKRUD Vy IRL


GHIHULGDSRUHVVH00-Xt]RHPIDFHGDVLQIRUPDo}HVSUHVWDGDVSHOR
H[HTXHQWHTXHDWUDYpVGDSHWLomRLQLFLDOPHQFLRQRXRLPyYHOREMHWR
GRVSUHVHQWHVHPEDUJRVHPQRPH GRH[HFXWDGRDFRUGHFRPRDXWR
GHSHQKRUDIOVGDH[HFXomR
3RUWDQWRDSHQKRUDIRLHIHWLYDGDHPFXPSULPHQWRDRPDQGDGREHP
FRPRGHWHUPLQDGDDDYHUEDomRGHLQHILFiFLDGDDOLHQDomRGH$Y
GDPDWUtFXODHPGRFXPHQWRVHPOHYDUHPFRQWDDGDWDGR
FRPSURPLVVR GH FRPSUD H YHQGD TXH GHX RULJHP j HVFULWXUD GHVVH
QHJyFLRDWpSRUTXH9RVVD([FHOrQFLDQmRFRQKHFLDHVVHGRFXPHQWR
(PVXPD
DSURPHWHXYHQGHURLPyYHODHPGRFXPHQWR
E 2 GpELWR GR H[HFXWDGR  HQFRQWUD VXD RULJHP HP  WHQGR
VLGR DIRUDGD D H[HFXomR DSHQDV HP  H UHJLVWUDGD D SHQKRUD HP

&RQVHTXHQWHPHQWHVHMDVREDyWLFDGDGDWDGDH[HFXomRVHMD
VRE D yWLFD GD GDWD GR FRQWUDWR TXH GHX RULJHP j H[HFXomR  p
SRVVtYHO YHULILFDU TXH R FUpGLWR GR HPEDUJDGR IRL FRQVWLWXtGR TXDVH
 DQRV GHSRLV GD DTXLVLomR GD WUDQVPLVVmR GD SRVVH H GD
DVVLQDWXUDGR&RPSURPLVVRGH&RPSUDH9HQGDGRLPyYHOREMHWRGRV
SUHVHQWHVHPEDUJRV
2SRUWXQR DLQGD PHQFLRQDU TXH R H[HFXWDGR VH LQVXUJLX FRQWUD D
SHQKRUDGXUDQWHWRGDDH[HFXomRQDH[DWDPHGLGDHPTXHVDELDTXH
MiKDYLDQHJRFLDGRRLPyYHOIOVGRVHPEDUJRVjH[HFXomR
(PFRQVRQkQFLDRRUDHPEDUJDQWHWHQWRXGLYHUVDVYH]HVGHPRYHU
RHPEDUJDGRGHVHXLQWHQWROHPEUDQGRTXHRLPyYHOSHQKRUDGRQmR
PDLV SHUWHQFLD DR H[HFXWDGR Ki PXLWR WHPSR ORJUDQGR DLQGD
ORFDOL]DU RXWURV LPyYHLV HP QRPH GR H[HFXWDGR SDUD TXH IRVVH
VXEVWLWXtGD D SHQKRUD GRFXPHQWR  (VVHV LPyYHLV HPERUD
SHQKRUDGRV SRU RXWUDV GtYLGDV GR H[HFXWDGR SRVVXHP YDORU EHP
VXSHULRUDRVFUpGLWRVTXHYLVDPJDUDQWLU
0HVPR DVVLP HQWUH RV LPyYHLV ORFDOL]DGRV SHOR HPEDUJDQWH HP
QRPHGRH[HFXWDGRFRQVWDFRPRMiFRQVWDYDQDGDWDGRFRQWUDWRGH
DEHUWXUDGHFUpGLWRHQDGDWDGRDIRUDPHQWRGDH[HFXomRXPLPyYHO
OLYUHHGHVHPEDUDoDGRFXMDWUDQVFULomRQžMXQWRDRžRILFLDOGH


5HJLVWURGH,PyYHLVVHJXHDQH[DGRFXPHQWR
2FRUUH TXH PHVPR GLDQWH GD DXVrQFLD GH IUDXGH VREHMDPHQWH
GHPRQVWUDGD QDV OLQKDV SUHFHGHQWHV TXHU SHOD DXVrQFLD GD
DQWHULRULGDGH GR FUpGLWR TXHU SHOD DXVrQFLD GH LQVROYrQFLD GR
H[HFXWDGR R HPEDUJDGR SUHIHULX ID]HU RXYLGRV PRXFRV H PDQWHU D
SHQKRUDFDXVDQGRFRPSUHHQVtYHODIOLomRDRHPEDUJDQWHTXHDGTXLULX
RLPyYHOFRPRSURGXWRGHXPDYLGDGHWUDEDOKRKRQHVWR
e IRUoRVR FRQFOXLU FRPR VH SURYD SRU LQWHUPpGLR GRV GRFXPHQWRV
DQH[RV TXH R EHP SHQKRUDGR IRL DGTXLULGR DQWHULRUPHQWH DR GLUHLWR
GR HPEDUJDGR H WDPEpP SRU FRQVHJXLQWH j SUySULD DomR H j
FRQVWULomR GHWHUPLQDGD SRU HVVH 00 MXt]R VHP FRQWDU D H[LVWrQFLD
GHRXWURVEHQVGRH[HFXWDGRSDVVtYHLVGHFRQVWULomR
3RUWDQWRFRPSURYDGRVVHDFKDPGRFXPHQWDOPHQWHDSURSULHGDGH
DSRVVHHRDWRGHFRQVWULomRMXGLFLDO
$YLROrQFLDVRIULGDSHOD(PEDUJDQWHpHYLGHQWHUD]mRSRUTXHQmR
SDUWLFLSD HP KLSyWHVH DOJXPD GD DomR GH H[HFXomR GR HPEDUJDGR
VHQGRFDEtYHOSRUWDQWRRVSUHVHQWHVHPEDUJRVSDUDH[FOXLUREHPGD
SHQKRUD
,,±'LUHLWR
eSULQFtSLRJHUDOGHGLUHLWRTXHDSHQKRUDGHYDUHFDLUWmRVRPHQWH
HPEHQVGRH[HFXWDGRRXVHMDGDTXHOHFRQWUDTXHPDVHQWHQoDRX
REULJDomRpH[HTXtYHOGHYHQGRVHUUHVSHLWDGRSRUWDQWRRGLUHLWRGH
SURSULHGDGHRXSRVVHGHRXWUHP
(PFRQVRQkQFLDFRPRDFDWDGRRDUWHVHJXLQWHVGR&yGLJR
GH 3URFHVVR &LYLO GHIHUH WXWHOD DWUDYpV GRV (PEDUJRV GH 7HUFHLUR
jTXHOHTXHQmRVHQGRSDUWHQRSURFHVVRVRIUHWXUEDomRRXHVEXOKR
QDSRVVHGHVHXVEHQVSRUDWRGHDSUHHQVmRMXGLFLDO
D&RPSURPLVVRGHFRPSUDHYHQGDHHPEDUJRVGHWHUFHLUR
1RFDVRHPWHODDDTXLVLomREHPDQWHULRUjH[HFXomRVHGHX
SRUFRPSURPLVVRGHFRPSUDHYHQGDGRFXPHQWR
1HVVHVHQWLGRSRGHUVHLDUHGDUJXLUTXHRFRPSURPLVVRGHFRPSUD
YHQGD VHP UHJLVWUR QmR HPSUHVWD VXSHGkQHR DRV HPEDUJRV GH
WHUFHLUR


 1mRpDVVLP
$ WHRU GR TXH GLVS}H D 6~PXOD  GR 67- R GLUHLWR SHVVRDO
UHSUHVHQWDGR SHOD SURPHVVD GH FRPSUD H YHQGD VHP UHJLVWUR SRGH
VHU FRQWUDSRVWR FRP VXFHVVR D RXWUR GLUHLWR SHVVRDO TXH OKH VHMD
SRVWHULRUFRPRpRFDVRGRFUpGLWRGRHPEDUJDGR
eYHUGDGHTXHQmRHUDPDGPLWLGRVHPEDUJRVGHWHUFHLURQRFDVRGH
SURPHVVD GH FRPSUD H YHQGD VHP UHJLVWUR 6~PXOD  GR 67)
PHVPRHPIDFHGHRXWURGLUHLWRSHVVRDOTXHHQVHMDYDDSHQKRUD
(QWUHPHQWHV D GLVWRUomR IRL FRUULJLGD SHOR 6XSHULRU 7ULEXQDO GH
-XVWLoDDSDUWLUGHVXDFULDomR

³3URFHVVXDO FLYLO ± HPEDUJRV GH WHUFHLUR ± FRQWUDWR GH SURPHVVD GH

FRPSUDHYHQGDQmRLQVFULWRQRUHJLVWURGHLPyYHO±SRVVH±SHQKRUD±
H[HFXomR±,±,QH[LVWHQWHIUDXGHHQFRQWUDQGRVHRVUHFRUULGRVQD
SRVVH PDQVD H SDFtILFD GR LPyYHO HVWmR OHJLWLPDGRV QD TXDOLGDGH GH
SRVVXLGRUHV D RSRU HPEDUJRV GH WHUFHLUR FRP EDVH HP FRQWUDWR GH
FRPSUD H YHQGD QmR LQVFULWR QR UHJLVWUR GH LPyYHO SDUD SOHLWHDU D
H[FOXVmRGREHPREMHWRGDSHQKRUDQRSURFHVVRGHH[HFXomRRQGHQmR
HUDP SDUWH ± SUHFHGHQWHV GR 6XSHULRU 7ULEXQDO GH -XVWLoD ,, ±
5HFXUVRFRQKHFLGRSHODOHWUD³F´GRSHUPLVVLYRFRQVWLWXFLRQDODTXDOVH
QHJD SURYLPHQWR´ 3URFHVVR Qž  ± 5HFXUVR (VSHFLDO ±
2ULJHP 7DXEDWp ±  7XUPD ± MXOJDPHQWR  ± UHODWRU 0LQ
:DOGHPDU=YHLWHU±GHFLVmRXQkQLPH
³3URFHVVXDO &LYLO (PEDUJRV GH 7HUFHLUR $ MXULVSUXGrQFLD GH DPEDV DV
7XUPDV FRPSRQHQWHV GD 6HJXQGD 6HomR GR 6XSHULRU 7ULEXQDO GH
-XVWLoD DIDVWDQGR D UHVWULomR LPSRVWD SHOR (QXQFLDGR GD 6~PXOD Qž
67)QRUWHRXVHQRVHQWLGRGHDGPLWLURSURFHVVDPHQWRGHDomRGH
HPEDUJRV GH WHUFHLUR IXQGDGR HP FRPSURPLVVR GH FRPSUD H YHQGD
GHVSURYLGRGHUHJLVWURLPRELOLiULR5(VSQžUHO0LQLVWUR:DOGHPDU
=YHLWHU 5(VS Qž  UHO 0LQLVWUR (GXDUGR 5LEHLUR 5(VS Qž  UHO
0LQLVWUR 6iOYLR GH )LJXHLUHGR 5(VS Qž  UHO 0LQLVWUR )RQWHV GH
$OHQFDU5(VSQRVHGHTXHIXL5HODWRU´5HFXUVR(VSHFLDOQž
 ± 'HFLVmR SRU XQDQLPLGDGH FRQKHFHU GR UHFXUVR PDV
QHJDUOKH SURYLPHQWR ±  7XUPD ± 5HODWRU 0LQLVWUR %XHQR GH 6RX]D ±
'-GHS567-YROS567-YROS
³3URFHVVXDO FLYLO (PEDUJRV GH WHUFHLUR ([HFXomR ILVFDO )UDXGH
&RQWUDWR GH SURPHVVD GH FRPSUD H YHQGD 7HUFHLUR GH ERDIp


3UHFHGHQWHV 1mR Ki IUDXGH j H[HFXomR TXDQGR QR PRPHQWR GR
FRPSURPLVVR SDUWLFXODU QmR H[LVWLD D FRQVWULomR PHUHFHQGR VHU
SURWHJLGR R GLUHLWR SHVVRDO GRV SURPLVViULRVFRPSUDGRUHV +i GH VH
SUHVWLJLDURWHUFHLURSRVVXLGRUHDGTXLUHQWHGHERDIpTXDQGRDSHQKRUD
UHFDLU VREUH LPyYHO REMHWR GH H[HFXomR QmR PDLV SHUWHQFHQWH DR
GHYHGRUXPDYH]TXHKRXYHDWUDQVIHUrQFLDHPERUDVHPRULJRUIRUPDO
H[LJLGR 1D HVWHLUD GH SUHFHGHQWHV GD &RUWH RV HPEDUJRV GH WHUFHLUR
SRGHP VHU RSRVWRV DLQGD TXH R FRPSURPLVVR SDUWLFXODU QmR HVWHMD
GHYLGDPHQWHUHJLVWUDGR5HFXUVR(VSHFLDOFRQKHFLGRSRUpPLPSURYLGR´
5HFXUVR (VSHFLDO Qž 0* ± GHFLVmR SRU XQDQLPLGDGH QHJDU
SURYLPHQWR DR UHFXUVR ± GDWD GD GHFLVmR  ±  7XUPD ±
5HODWRU0LQLVWUR-RVp'HOJDGR±'-GHS

E5HTXLVLWRVGDIUDXGHjH[HFXomR

2DUWGR&yGLJRGH3URFHVVR&LYLOGHWHUPLQDRVUHTXLVLWRVGDIUDXGH
jH[HFXomR
³$UW  $ DOLHQDomR RX D RQHUDomR GH EHP p FRQVLGHUDGD IUDXGH j
H[HFXomR
,9 ± TXDQGR DR WHPSR GD DOLHQDomR RX RQHUDomR WUDPLWDYD FRQWUD R
GHYHGRUDomRFDSD]GHUHGX]LORjLQVROYrQFLD´

26XSHULRU7ULEXQDOGH-XVWLoDWUD]ODSLGDUHHVFODUHFHGRUDFyUGmR

³3URFHVVXDO &LYLO )UDXGH D H[HFXomR $UW  ,, GR &yGLJR GH

3URFHVVR &LYLO ,QRFRUUrQFLD ,PSXJQDomR DR YDORU GD FDXVD $JUDYR
5HH[DPH GH SURYD $XVrQFLD GH SUHTXHVWLRQDPHQWR 'LYHUJrQFLD QmR
FRQILJXUDGD4XDQGRQmRVHWUDWDFRPRQRFDVRGHQRWyULDGLYHUJrQFLD
D VLPSOHV FLWDomR GH HPHQWD p LQVXILFLHQWH SDUD FDUDFWHUL]DomR GR
GLVVtGLRMXULVSUXGHQFLDO3DUDTXHVHWHQKDFRPRGHIUDXGHDH[HFXomRj
DOLHQDomR GH EHQV GH TXH WUDWD R LQF ,, GR DUW  GR &yGLJR GH
3URFHVVR&LYLO>DWXDODUW,9@pQHFHVViULDDSUHVHQoDFRQFRPLWDQWH
GRVVHJXLQWHVHOHPHQWRV
DTXHDDomRMiWHQKDVLGRDIRUDGD
E TXH R DGTXLUHQWH VDLED GD H[LVWrQFLD GD DomR RX SRU Mi FRQVWDU QR
FDUWyULR LPRELOLiULR DOJXP UHJLVWUR GDQGR FRQWD GH VXD H[LVWrQFLD
SUHVXQomR³MXULVHWGHMXUH´FRQWUDRDGTXLUHQWHRXSRUTXHRH[HTXHQWH
SRURXWURVPHLRVSURYRXTXHGRDIRUDPHQWRGDDomRRDGTXLUHQWHWLQKD
FLrQFLDH


 F TXH D DOLHQDomR RX D RQHUDomR GRV EHQV VHMD FDSD] GH UHGX]LU R
GHYHGRU D LQVROYrQFLD PLOLWDQGR HP IDYRU GR H[HTXHQWH D SUHVXQomR
³MXULV WDQWXP´ ,QRFRUUHQWH QD KLSyWHVH R VHJXQGR HOHPHQWR
VXSUDLQGLFDGR QmR VH FRQILJXURX D IUDXGH j H[HFXomR (QWHQGLPHQWR
FRQWUiULRJHUDULDLQWUDQTXLOLGDGHQRVDWRVQHJRFLDLVFRQVSLUDULDFRQWUDR
FRPpUFLR MXUtGLFR H DWLQJLULD D FRQILDELOLGDGH QRV UHJLVWURV S~EOLFRV ³$
SUHWHQVmR GH VLPSOHV UHH[DPH GH SURYD QmR HQVHMD UHFXUVR HVSHFLDO´
6~PXOD Qž 67- ³p DGPLVVtYHO D RSRVLomR GH HPEDUJRV GH WHUFHLUR
IXQGDGRV QD DOHJDomR GH SRVVH DGYLQGD GH FRPSURPLVVR GH FRPSUD H
YHQGDGHLPyYHODLQGDTXHGHVSURYLGDGRUHJLVWUR´6~PXODQž67-
)DOWD GH SUHTXHVWLRQDPHQWR e FDEtYHO R DJUDYR UHWLGR SDUD DWDFDU
GHFLVmR QD LPSXJQDomR DR YDORU GD FDXVD 5HFXUVR HVSHFLDO
SDUFLDOPHQWH FRQKHFLGR H QHVVD SDUWH SURYLGR´ 5HFXUVR (VSHFLDO Qž
63  ±  7XUPD ± 5HODWRU 0LQLVWUR &pVDU $VIRU
5RFKD ± GHFLVmR SRU XQDQLPLGDGH FRQKHFHU HP SDUWH GR UHFXUVR H
QHVVD SDUWH GDU OKH SURYLPHQWR ± GDWD GD GHFLVmR  ± '- GH
S

3RUWDQWR GH DFRUGR FRP R 67- VmR WUrV RV UHTXLVLWRV EiVLFRV GD
IUDXGH j H[HFXomR VHQGR TXH D DXVrQFLD GH TXDOTXHU GHOHV D
GHVFDUDFWHUL]D
DLQVROYrQFLDGRH[HFXWDGRHYHQWXVGDPQL
EDQWHULRULGDGHGRFUpGLWR
F FRQKHFLPHQWR GD DomR SHOR DGTXLUHQWH HP UD]mR GR UHJLVWUR GD
SHQKRUD
1RFDVRHPWHODQHQKXPGHVVHVUHTXLVLWRVHVWiSUHVHQWH9HMDPRV
E'HYHGRUH[HFXWDGRVROYHQWH±DXVrQFLDGRHYHQWXVGDPQL
1RFDVRYHUWHQWHDDomRQmRHUDVXILFLHQWHSDUDUHGX]LURGHYHGRUj
LQVROYrQFLDLQH[LVWLQGRSRUYLDGHFRQVHTXrQFLDRHYHQWXVGDPQL
2 GHYHGRU p SURSULHWiULR GH RXWURV LPyYHLV LQFOXVLYH XP OLYUH H
GHVHPEDUDoDGR GH {QXV WLWXODULGDGH HVVD DQWHULRU j GDWD GD
H[HFXomRHGRFUpGLWRGRFXPHQWRVH
'HPRQVWURX R 6XSHULRU 7ULEXQDO GH -XVWLoD TXH p DEVROXWDPHQWH
LPSUHVFLQGtYHO HYHQWXV GDPQL SDUD TXH VH FRQILJXUH D IUDXGH j
H[HFXomR
eQRPHVPRVHQWLGRDOLomRGH$QWRQLR&OiXGLRGD&RVWD0DFKDGR


 ³)UDXGH GH H[HFXomR RX j H[HFXomR p WRGR H TXDOTXHU DWR SUDWLFDGR
SHOR GHYHGRU VLPXODGR RX QmR FRP RX VHP LQWHQomR HQJDQRVD TXH
SURGX]DFRPRHIHLWRDVXEWUDomRGHEHQVSDUWLFXODUL]DGRVTXHGHYDPVHU
HQWUHJXHV DR FUHGRU RX D VXEWUDomR QmR SDUWLFXODUL]DGD TXH JHUH D VXD
LQVROYrQFLD´

1mRGHIRUPDGLIHUHQWHFRPDFRVWXPHLUDFODUH]D6LOYLR5RGULJXHV

³1RWHVHSRUpPTXHDIUDXGHFRQWUDFUHGRUHVVyVHFDUDFWHUL]DTXDQGR
IRU LQVROYHQWH R GHYHGRU RX VH WUDWDU GH SHVVRD TXH DWUDYpV GH DWRV
PDOVLQDGRV YHQKD D VH WRUQDU LQVROYHQWH SRUTXH HQTXDQWR VROYHQWH R
GHYHGRU DPSOD p D VXD OLEHUGDGH GH GLVSRU GH VHXV EHQV SRLV D
SUHUURJDWLYDGHDOLHQiORVpHOHPHQWDUGRGLUHLWRGHSURSULHGDGH´

E &UpGLWR SRVWHULRU j DOLHQDomR ± DXVrQFLD GH DQWHULRULGDGH GR

FUpGLWR
$ SDU GD VROYrQFLD GR H[HFXWDGR QmR UHVWDP G~YLGDV TXDQWR j
LQH[LVWrQFLD GD DomR DR WHPSR GD DOLHQDomR LQH[LVWLQGR DVVLP R
UHTXLVLWR GD DQWHULRULGDGH GR FUpGLWR SDUD FRQILJXUDomR GD IUDXGH j
H[HFXomR
$DOLHQDomRRULJLQDOpGDWDGDGHGRFXPHQWRHDDomREHP
FRPRRFUpGLWRGRH[HTXHQWHGHHGHUHVSHFWLYDPHQWH
E,QH[LVWrQFLDGHUHJLVWURGDSHQKRUDQDGDWDGDDOLHQDomR±ERD
Ip
6H QmR EDVWDVVHP HVVHV HOHPHQWRV YHULILFDVH DLQGD TXH R
HPEDUJDQWH HVWDYD GH ERDIp QmR VDELD GD H[LVWrQFLD GD DomR DWp
HPUD]mRGHRUHJLVWURGDSHQKRUDVRPHQWHWHUVLGRYHULILFDGRDSyVD
DTXLVLomREDVWDQGRSDUDWDQWRYHULILFDUDVGDWDVGDHVFULWXUDTXHOKH
IRLRXWRUJDGDHGRUHJLVWURGDSHQKRUDQDPDWUtFXOD1HVVHVHQWLGRD
FHUWLGmR H[WUDtGD QD GDWD GR QHJyFLR EHP FRPR DV FHUWLG}HV
QHJDWLYDVHPQRPHGRYHQGHGRUGRFXPHQWR
1HVVHVHQWLGR

³6~PXOD 67- 2 UHFRQKHFLPHQWR GD IUDXGH j H[HFXomR GHSHQGH GR

UHJLVWUR GD SHQKRUD GR EHP DOLHQDGR RX GD SURYD GH PiIp GR WHUFHLUR
DGTXLUHQWH'H´


 &RQFOXLQGR ([FHOrQFLD D WHRU GR DUW  ,9 GR &yGLJR GH
3URFHVVR &LYLO p SRVVtYHO DILUPDU FRP VHJXUDQoD MXUtGLFD TXH QmR
H[LVWH IUDXGH j H[HFXomR QD H[DWD PHGLGD HP TXH HVWmR DXVHQWHV
WRGRVRVVHXVUHTXLVLWRVQDGDREVWDQWHDVXILFLrQFLDGDDXVrQFLDGH
DSHQDVXPSDUDGHVFDUDFWHUL]DUDIUDXGH
eDSXUDDSOLFDomRGDOHL
,,,±3HGLGR
3URYDGRV GH IRUPD LQFRQWHVWiYHO RV IDWRV DOHJDGRV HVSHFLDOPHQWH
DTXDOLGDGHGHWHUFHLURDSURSULHGDGHDSRVVHLQGLUHWDHRLOHJDODWR
GH DSUHHQVmR MXGLFLDO UHTXHU R (PEDUJDQWH GLJQHVH 9RVVD
([FHOrQFLD VHMDP MXOJDGRV SURFHGHQWHV RV SUHVHQWHV (PEDUJRV
GHFODUDQGRVH LQVXEVLVWHQWH D SHQKRUD H D LQHILFiFLD GD WUDQVPLVVmR
TXH UHFDHP VREUH R LPyYHO REMHWR GD PDWUtFXOD Qž  $YH 5
MXQWR DR  RILFLDO GH 5HJLVWUR GH ,PyYHLV GD  FRP R VHX
UHVSHFWLYROHYDQWDPHQWRHFDQFHODPHQWRGHHYHQWXDOKDVWDS~EOLFD
5HTXHUVHDLQGDDFRQGHQDomRGR(PEDUJDGRHPFXVWDVHYHUED
KRQRUiULD
,9±&LWDomR
5HTXHUVH D H[SHGLomR GR FRPSHWHQWH PDQGDGR GH FLWDomR GR
HPEDUJDGR SDUD TXHUHQGR UHVSRQGHU QR SUD]R OHJDO VRE SHQD GH
FRQILVVmR H HIHLWRV GD UHYHOLD GHYHQGR D RUGHP VHU H[SHGLGD SHOR
FRUUHLR&yGLJRGH3URFHVVR&LYLODUWV,H
2X KDYHQGR SURFXUDGRU GR HPEDUJDGR FRQVWLWXtGR QRV DXWRV GD
DomRTXHJHURXDFRQVWULomR
5HTXHUVH D FLWDomR GR HPEDUJDGR DWUDYpV GR VHX SDWURQR
FRQVWLWXtGRQRVDXWRVIOVQRVWHUPRVGRDUW†žGR&yGLJR
GH3URFHVVR&LYLOSDUDTXHUHQGRUHVSRQGHUQRSUD]ROHJDOVRESHQD
GHFRQILVVmRHHIHLWRVGDUHYHOLD
9±$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLORDXWRU
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X


 7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR R DXWRU GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
9,±3URYDV
2 HPEDUJDQWH SURWHVWD SRU SURYDU R DOHJDGR DWUDYpV GH WRGRV RV
PHLRV GH SURYD HP GLUHLWR DGPLWLGRV HP HVSHFLDO SHOD SURGXomR GH
SURYD GRFXPHQWDO WHVWHPXQKDO SHULFLDO H LQVSHomR MXGLFLDO DOpP GD
MXQWDGD GH QRYRV GRFXPHQWRV H GHPDLV PHLRV TXH VH IL]HUHP
QHFHVViULRV
1RFDVRGH9RVVD([FHOrQFLDHQWHQGHUSRUEHPGHVLJQDUDXGLrQFLD
GH MXVWLILFDomR GD SRVVH DFRUGH FRP R DUW  † ž GR &yGLJR GH
3URFHVVR&LYLOUHTXHURGHSRLPHQWRSHVVRDOGR(PEDUJDGRVRESHQD
GHQmRFRPSDUHFHQGRVHUOKHLPSRVWDDSHQDGHFRQILVVmRHQHVVH
FDVR GH DFRUGR FRP R DUW  GR &yGLJR GH 3URFHVVR &LYLO D
(PEDUJDQWHDUURODDVWHVWHPXQKDVFXMRUROVHJXHDEDL[RUHTXHUHQGR
GHVGHMiVHMDPDVPHVPDVLQWLPDGDVSHVVRDOPHQWH
D
E
9,,±9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5SDUDRVHIHLWRVILVFDLV
7HUPRV HP TXH UHTXHUHQGR VHMD D SUHVHQWH DomR GLVWULEXtGD SRU
GHSHQGrQFLDDRVDXWRVGRSURFHVVRQ
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

8.9. OPOSIÇÃO

([PR6U'U-XL]GH'LUHLWRGD
'LVWULEXLomRSGHSHQGrQFLDDR3URFHVVRQž±H[HFXomR


  YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD SRU VHXV
DGYRJDGRVGRFXPHQWRSURSRUHPIDFHGHHDSUHVHQWH
$omRGHRSRVLomR
R TXH ID]HP FRP IXQGDPHQWR QRV DUWV  D  GR &yGLJR GH
3URFHVVR &LYLO H QRV DUJXPHQWRV GH IDWR H GH GLUHLWR D VHJXLU
DGX]LGRV
,±)DWRVHGLUHLWR
2V RSRVWRV OLWLJDP QRV DXWRV GD DomR UHLYLQGLFDWyULD GR LPyYHO
GHVFUHYHU R EHP GHWDOKDGDPHQWH GRFXPHQWR  SURPRYLGD SHOR
SULPHLUR RSRVWR HP IDFH GR VHJXQGR SURFHVVR Q  HP FXUVR
SHUDQWHHVWH-Xt]R
3DUD WDQWR R SULPHLUR RSRVWR DSUHVHQWRX HVFULWXUD S~EOLFD ODYUDGD
QR  7DEHOLmR GD FRPDUFD GH  H DQWLTXtVVLPD WUDQVFULomR
GRFXPHQWR
3RU VXD YH] R VHJXQGR RSRVWR SDUD FRQWUDSRU H FRQWHVWDU D
SUHWHQVmR DILUPRX VHU SRVVXLGRU Ki PDLV GH  TXLQ]H DQRV
GHGX]LQGRDVVLPH[FHomRGHXVXFDSLmR
2FRUUHTXHRLPyYHOREMHWRGDUHIUHJDHQWUHRVRSRVWRVQmRHVWiQD
SRVVH GR VHJXQGR RSRVWR Mi TXH VH WUDWD GD UHVLGrQFLD GR RUD
RSRHQWH TXH p R OHJtWLPR WLWXODU GR GLUHLWR UHDO GH SURSULHGDGH
FRQIRUPH SURYD D FHUWLGmR GD PDWUtFXOD DQH[D GRFXPHQWR 
UHVWDQGR HYLGHQWH LPSURSULHGDGH GR WtWXOR DSUHVHQWDGR SHOR SULPHLUR
RSRVWRHDDXVrQFLDGHSRVVHGRVHJXQGR
6HQGRDVVLPQRVWHUPRVGRDUWGR&yGLJRGH3URFHVVR&LYLO
QmR UHVWRX DOWHUQDWLYD DR RSRHQWH VHQmR D YHUWHQWH DomR SRVWR TXH
FRQWURYHUWHP RV UHTXHULGRV RUD RSRVWRV VREUH EHP GH VXD
SURSULHGDGH
,,±3HGLGR
3URYDGRV GH IRUPD LQFRQWHVWiYHO RV IDWRV DOHJDGRV HVSHFLDOPHQWH
D TXDOLGDGH GH SURSULHWiULR H SRVVXLGRU GR RSRHQWH UHTXHU D
SURFHGrQFLDGDSUHVHQWHDomRGHRSRVLomRFRPRUHFRQKHFLPHQWRGD
SRVVHHGDSURSULHGDGHGRDXWRUDIDVWDQGRRGLUHLWRYLQGLFDGRSHORV
RSRVWRV


 5HTXHUVH DLQGD D FRQGHQDomR GRV RSRVWRV RUD UHTXHULGRV HP
FXVWDVHKRQRUiULRVTXH9RVVD([FHOrQFLDDUELWUDUQDIRUPDGRDUW
HVHJXLQWHVGR&yGLJRGH3URFHVVR&LYLO
,,,±&LWDomR
5HTXHUVH D H[SHGLomR GR FRPSHWHQWH PDQGDGR GH FLWDomR GRV
RSRVWRV SDUD TXHUHQGR UHVSRQGHU QR SUD]R OHJDO GH  TXLQ]H
GLDVVRESHQDGHFRQILVVmRHHIHLWRVGDUHYHOLDGHYHQGRDRUGHPVHU
H[SHGLGD SHOR FRUUHLR &yGLJR GH 3URFHVVR &LYLO DUWV  ,  H

9,±3URYDV
2RSRHQWHSURWHVWDSRUSURYDURDOHJDGRDWUDYpVGHWRGRVRVPHLRV
GH SURYD HP GLUHLWR DGPLWLGRV HP HVSHFLDO SHOD SURGXomR GH SURYD
GRFXPHQWDOWHVWHPXQKDOSHULFLDOHLQVSHomRMXGLFLDODOpPGDMXQWDGD
GHQRYRVGRFXPHQWRVHGHPDLVPHLRVTXHVHIL]HUHPQHFHVViULRV
7HUPRV HP TXH UHTXHUHQGR VHMD D SUHVHQWH DomR GLVWULEXtGD SRU
GHSHQGrQFLD DRV DXWRV GR SURFHVVR Q  SRU IRUoD GR DUW 
SDUiJUDIR~QLFRGR&yGLJRGH3URFHVVR&LYLO
9,,±9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

8.10.HABILITAÇÃO

([PRD6UD'UD-XL]DGH'LUHLWRGD

 SRU VHXV DGYRJDGRV H SURFXUDGRUHV GRFXPHQWR  YHP
UHVSHLWRVDPHQWHjSUHVHQoDGH9RVVD([FHOrQFLDDIRUDUHPIDFHGH
DSUHVHQWH
+DELOLWDomR
R TXH ID] FRP IXQGDPHQWR QRV DUWV  D  GR &yGLJR GH
3URFHVVR&LYLOHQRVDUJXPHQWRVDVHJXLUDGX]LGRV


 ,±)DWRVHGLUHLWR
2 6U  SDUWH QRV DXWRV GR SURFHVVR  SHUDQWH HVWH -Xt]R
IDOHFHX QR GLD  FRQIRUPH ID] SURYD D FHUWLGmR GH yELWR DQH[D
GRFXPHQWR
2UHTXHUHQWHpVXFHVVRUGHQRVWHUPRVGDSDUWLOKDSRUHVFULWXUD
S~EOLFDDQH[DGRFXPHQWR
1HVVD FRQGLomR SDUD TXH ILJXUH QR SURFHVVR SUHYr R DUW  GR
&yGLJR GH 3URFHVVR &LYLO D KDELOLWDomR GDTXHOH TXH GHYH VXFHGHU D
SDUWHIDOHFLGDQRSURFHVVRRTXHRUDVHUHTXHU
,,,±3HGLGRHUHTXHULPHQWRV
5HTXHUVH QD IRUPD GR DUW  GR &yGLJR GH 3URFHVVR &LYLO D
VXVSHQVmRGRVDXWRVGRSURFHVVRQDWpRMXOJDPHQWRGDSUHVHQWH
KDELOLWDomR
3URYDGRV GH IRUPD LQFRQWHVWH RV UHTXLVLWRV GD KDELOLWDomR UHTXHU
VH DR ILQDO D VXD SURFHGrQFLD FRP D VXFHVVmR GR UHTXHUHQWH QR
SURFHVVRVXEVWLWXLQGRDSDUWHIDOHFLGD6U
7UDQVLWDGD HP MXOJDGR D VHQWHQoD GH KDELOLWDomR UHTXHUVH D
UHWRPDGD GR FXUVR GD DomR SULQFLSDO FRP DV DQRWDo}HV GHYLGDV QR
GLVWULEXLGRU H EHP DVVLP GR DGYRJDGR VXEVFULWRU GD SUHVHQWH TXH
SDVVDUiDUHSUHVHQWDURKDELOLWDGR
5HTXHUVHDLQGDDFRQGHQDomRGR(PEDUJDGRHPFXVWDVHYHUED
KRQRUiULD
,9±&LWDomR
5HTXHUVH D H[SHGLomR GR FRPSHWHQWH PDQGDGR GH FLWDomR GR
UHTXHULGRSDUDTXHUHQGRUHVSRQGHUQRSUD]ROHJDOGHFLQFRGLDV
VRE SHQD GH FRQILVVmR H HIHLWRV GD UHYHOLD GHYHQGR D RUGHP VHU
H[SHGLGD SHOR FRUUHLR &yGLJR GH 3URFHVVR &LYLO DUWV  ,  H

2X KDYHQGR SURFXUDGRU GR HPEDUJDGR FRQVWLWXtGR QRV DXWRV GD
DomRTXHJHURXDFRQVWULomR
5HTXHUVH D FLWDomR GR UHTXHULGR DWUDYpV GR VHX SDWURQR
FRQVWLWXtGRQRVDXWRVIOVQRVWHUPRVGRDUWSDUiJUDIR~QLFR
GR &yGLJR GH 3URFHVVR &LYLO SDUD TXHUHQGR UHVSRQGHU QR SUD]R


OHJDOGHFLQFRGLDVVRESHQDGHFRQILVVmRHHIHLWRVGDUHYHOLD
9,±3URYDV
3URWHVWDSRUSURYDURDOHJDGRDWUDYpVGHWRGRVRVPHLRVGHSURYD
HPGLUHLWRDGPLWLGRVHPHVSHFLDOSHODSURGXomRGHSURYDGRFXPHQWDO
WHVWHPXQKDO SHULFLDO H LQVSHomR MXGLFLDO DOpP GD MXQWDGD GH QRYRV
GRFXPHQWRVHGHPDLVPHLRVTXHVHIL]HUHPQHFHVViULRV
9,,±9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5SDUDRVHIHLWRVILVFDLV
7HUPRV HP TXH UHTXHUHQGR VHMD D SUHVHQWH DomR GLVWULEXtGD SRU
GHSHQGrQFLDDRVDXWRVGDDomRQ
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

8.11.AÇÕES DE FAMÍLIA

8.11.1. Divórcio

([PRD6UD'UD-XL]DGH'LUHLWRGD

 SRU VHXV DGYRJDGRV H SURFXUDGRUHV GRFXPHQWR  YHP
UHVSHLWRVDPHQWHjSUHVHQoDGH9RVVD([FHOrQFLDDIRUDUHPIDFHGH
RSUHVHQWH
'LYyUFLROLWLJLRVR
R TXH ID] FRP IXQGDPHQWR QR DUW  H VHJXLQWHV GR &yGLJR GH
3URFHVVR&LYLOHSHODVUD]}HVGHIDWRHGHGLUHLWRDVHJXLUDGX]LGDV
,±)DWRV
$ UHTXHUHQWH FRQWUDLX Q~SFLDV FRP R UHTXHULGR QR GLD  SHOR
UHJLPH OHJDO GD FRPXQKmR SDUFLDO GH EHQV QRV WHUPRV GD FySLD GD
FHUWLGmRGHFDVDPHQWRDQH[DGRFXPHQWR
'HVWDXQLmRQDVFHUDPRVVHJXLQWHVILOKRVGRFXPHQWR


 
2FRUUHTXHVHWRUQRXLPSRVVtYHODYLGDFRPXP
,QVWDREVHUYDUTXHGHSRLVGD(PHQGD&RQVWLWXFLRQDOQmR
PDLV p SRVVtYHO D LQWHUIHUrQFLD HVWDWDO QD DXWRQRPLD GH YRQWDGH
SULYDGD SULQFLSDOPHQWH QR 'LUHLWR GH )DPtOLD SURSRUFLRQDQGR D
GLVVROXomR GR FDVDPHQWR SHOR GLYyUFLR LPHGLDWR LQGHSHQGHQWHPHQWH
GHFXOSDPRWLYDomRRXGDSUpYLDVHSDUDomRMXGLFLDO
1DGDREVWDQWHDVUD]}HVTXHOHYDUDPDUHTXHUHQWHjYHUWHQWHDomR
VmRDVVHJXLQWHV
,QVWDREVHUYDUTXHUHTXHUHQWHHUHTXHULGRQmRFKHJDPDXPDFRUGR
TXDQWR DRV WHUPRV GD GLVVROXomR GR VHX YtQFXOR H GHPDLV GLVVR Ki
ILOKRVFRPXQVRTXHGHPDQGDDLQWHUYHQomRMXGLFLDO
,,±1RPH
$ UHTXHUHQWH YROWDUi D XVDU VHX QRPH GH VROWHLUD TXDO VHMD  R
TXH UHTXHU QRV WHUPRV GR † ž GR DUW  GR &yGLJR &LYLO RX
UHTXHUHQWHPDQWHUiRQRPHGHFDVDGD
,,,±)LOKRVJXDUGDHDOLPHQWRV
$ JXDUGD GRV ILOKRV TXH Mi FRQWDP FRP  H  DQRV VHUi
FRPSDUWLOKDGD R TXH UHTXHU VHMD GHFUHWDGR FRP IXQGDPHQWR QR DUW
 GR &yGLJR &LYLO WHQGR HP YLVWD TXH QmR Ki GLVFRUGkQFLD HQWUH
UHTXHUHQWHHUHTXHULGRTXDQWRDRWHPDRX$JXDUGDHRVDOLPHQWRV
GHYLGRV DRV ILOKRV HVWi VHQGR GLVFXWLGD SHODV YLDV RUGLQiULDV QRV
VHJXLQWHVSURFHVVRV
*XDUGD±3URFHVVRQ
$OLPHQWRV±3URFHVVRQ
,9±$OLPHQWRVSDUDDUHTXHUHQWH
1RV WHUPRV GR TXH HQVLQDP 3DEOR 6WRO]H *DJOLDQR H 5RGROIR
3DPSORQD)LOKR

³6H R GLYyUFLR p OLWLJLRVR H REYLDPHQWH MXGLFLDO R MXL] SRGHUi IL[DU RV

DOLPHQWRV GHYLGRV QR ERMR GR SUySULR SURFHVVR GHVGH TXH KDMD SHGLGR
QHVVHVHQWLGR/HPEUHVHGHTXHSDUDHIHLWRGHGLVVROXomRGRYtQFXORp
VXILFLHQWH D IRUPXODomR GR SHGLGR GH GLYyUFLR XPD YH] TXH SUD]R SDUD


 WDQWR QmR Ki PDLV (QWUHWDQWR FDVR WDPEpP KDMD VLGR FXPXODGR R
SHGLGR GH DOLPHQWRV D VXD IL[DomR VHUi IHLWD SRU GHFLVmR MXGLFLDO
OHYDQGRVH HP FRQWD DSHQDV FRPR Mi GLWR R ELQ{PLR QHFHVVLGDGH 
FDSDFLGDGHHFRQ{PLFDVHPDIHULomRGHFXOSDGHTXDOTXHUGDVSDUWHVQR
ILP GR FDVDPHQWR e GLJQR GH QRWD TXH VHMD TXDO IRU D PRGDOLGDGH GR
GLYyUFLRMXGLFLDORVDOLPHQWRVGHYLGRVDRVILOKRVpFOiXVXODIXQGDPHQWDO
GHQDWXUH]DFRJHQWHHPDWL]GHRUGHPS~EOLFD´3DEOR6WRO]H*DJOLDQRH
5RGROIR 3DPSORQD )LOKR 2 QRYR GLYyUFLR 6mR 3DXOR 6DUDLYD  S


1HVWD PHGLGD WHQGR HP YLVWD TXH VHPSUH VH GHGLFRX jV WDUHIDV
GRPpVWLFDVDUHTXHUHQWHQHFHVVLWDGRVDOLPHQWRVSHORSHUtRGRGHWUrV
DQRVDSWRVDSHUPLWLUDUHDGHTXDomRGDVXDYLGDWHQGRHPYLVWDTXH
RUHTXHULGRQXQFDDGHL[RXH[HUFHUDWLYLGDGHODERUDWLYD
3DUD WDQWR WHQGR HP YLVWD TXH R UHTXHULGR UHFHEH  HP UD]mR
GDV VXDV DWLYLGDGHV R TXH VH SURYD SHORV GRFXPHQWRV DQH[RV
GRFXPHQWR
e SUHFLVR QRWDU TXH R UHTXHULGR GHWDOKDU DV DWLYLGDGHV H D UHQGD
GRFDVDO
9±%HQVHVXDSDUWLOKD
,QVWD REVHUYDU TXH WRGD D GLVFRUGkQFLD TXDQWR DRV WHUPRV GR
GLYyUFLRHQWUHDVSDUWHVGHFRUUHGDIDOWDGHFRQVHQVRDFHUFDGDTXLOR
TXH FDEH DR UHTXHULGR RX VHMD  FLQTXHQWD SRU FHQWR GR
SDWULP{QLRSHUWHQFHQWHDRFDVDOHQmRPDLVTXHLVVRQRVWHUPRVGR
UHJLPHPDWULPRQLDODTXHHVWmRVXEPHWLGRV
,VWRSRUTXHRF{QMXJHYDUmRHQWHQGHTXHID]MXVDPDLVGRTXHLVVR
QDH[DWDPHGLGDHPTXHDFUHGLWDRXID]TXHDFUHGLWDTXHGHVFUHYHU
DGLVFyUGLDTXDQWRDRVEHQV
3RUWDQWRHPUD]mRGLVVRQmRUHVWRXDOWHUQDWLYDjUHTXHUHQWHVHQmR
DSURSRVLWXUDGRSUHVHQWHGLYyUFLRGLUHWROLWLJLRVR
1HVWD PHGLGD VHJXH D UHODomR GRV EHQV SHUWHQFHQWHV DR FDVDO H
VHXVUHVSHFWLYRVYDORUHV

9,±3HGLGRV


 3RVWD DVVLP D TXHVWmR H QRV WHUPRV GR DUW  † ž GD
&RQVWLWXLomR )HGHUDO FXMD UHGDomR GHFRUUHQWH GD (PHQGD
&RQVWLWXFLRQDO  GLVS}H VREUH D GLVVROXELOLGDGH GR FDVDPHQWR
FLYLOSHORGLYyUFLRVXSULPLQGRRUHTXLVLWRGHSUpYLDVHSDUDomRMXGLFLDO
SRUPDLVGHXPDQRRXGHFRPSURYDGDVHSDUDomRGHIDWRSRUPDLV
GHGRLVDQRVUHTXHU
D VHMD FLWDGR R UHTXHULGR SHOR FRUUHLR SDUD FRQWHVWDU QR SUD]R GH
 TXLQ]H GLDV GLVSHQVDQGR 9RVVD ([FHOrQFLD D DXGLrQFLD GR DUW
 GR &yGLJR GH 3URFHVVR &LYLO WHQGR HP YLVWD D DEVROXWD
LPSRVVLELOLGDGH GH UHFRQFLOLDomR H VH DVVLP QmR HQWHQGHU 9RVVD
([FHOrQFLD TXH VHMD D PHVPD PDUFDGD FRP D PDLRU EUHYLGDGH
GHYHQGRRUHTXHULGRVHUFLWDGRSDUDQHODFRPSDUHFHU
EDRILQDOQmRKDYHQGRDFRUGRHFRPDFRQWHVWDomRDSUHVHQWDGD
SHORUHTXHULGRQRSUD]RGRDUWGR&yGLJRGH3URFHVVR&LYLOVHMD
MXOJDGDSURFHGHQWHDSUHVHQWHDomRFRPDGHFUHWDomRGRGLYyUFLRGR
FDVDO H DSyV DV IRUPDOLGDGHV OHJDLV D H[SHGLomR GH PDQGDGR GH
DYHUEDomRHGHIRUPDOGHSDUWLOKDQRVWHUPRVGDOHL
FDFRQGHQDomRGRUHTXHULGRQRVDOLPHQWRVGHYLGRVjUHTXHUHQWH
GXUDQWH  WUrV DQRV QR YDORU GH  GRV VHXV YHQFLPHQWRV
GHGX]LGRV DSHQDV RV GHVFRQWRV ILVFDLV H SUHYLGHQFLiULRV
REULJDWyULRVGHIHULQGR9RVVD([FHOrQFLDWXWHODSURYLVyULDGHXUJrQFLD
QRVWHUPRVGRDUWGR&yGLJRGH3URFHVVR&LYLO
G D SDUWLOKD GRV EHQV GRV F{QMXJHV QD SURSRUomR GH  
FLQTXHQWDSRUFHQWRSDUDFDGDXPFRPDVQHFHVViULDVDYHUEDo}HV
H D DOWHUDomR GR QRPH GD UHTXHUHQWH SDUD TXH WRUQH D DVVLQDU R
QRPHGHVROWHLUDFRPH[SHGLomRGHPDQGDGRDR2ILFLDOGHUHJLVWUR
&LYLOSDUDDFRPSHWHQWHDYHUEDomR
I  D FRQGHQDomR GR UHTXHULGR DR SDJDPHQWR GH FXVWDV H
KRQRUiULRVSRUWHUGDGRFDXVDjSUHVHQWHGHPDQGDOLWLJLRVD
7HQGR HP YLVWD TXH QmR Ki LQWHUHVVH GH LQFDSD]HV SRVWR TXH D
JXDUGD H RV DOLPHQWRV GRV ILOKRV HVWmR VHQGR GLVFXWLGRV HP DomR
SUySULDUHTXHUVHQRVWHUPRVGRDUWGR&yGLJRGH3URFHVVR&LYLO
DGLVSHQVDGDRLWLYDGR5HSUHVHQWDQWHGR0LQLVWpULR3~EOLFR
9,,±3URYDV


 3URWHVWDSRUSURYDURDOHJDGRSRUPHLRGHWRGRVRVPHLRVGHSURYD
HPGLUHLWRDGPLWLGRVHPHVSHFLDOSHODSURGXomRGHSURYDGRFXPHQWDO
WHVWHPXQKDO SHULFLDO H LQVSHomR MXGLFLDO DOpP GD MXQWDGD GH QRYRV
GRFXPHQWRVHGHPDLVPHLRVTXHVHIL]HUHPQHFHVViULRV
9,,,±9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5SDUDRVHIHLWRVILVFDLV
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

8.11.2. Reconhecimento e extinção de união estável

([PRD6UD'UD-XL]DGH'LUHLWRGD

 SRU VHXV DGYRJDGRV H SURFXUDGRUHV GRFXPHQWR  YHP
UHVSHLWRVDPHQWHjSUHVHQoDGH9RVVD([FHOrQFLDDIRUDUHPIDFHGH
DSUHVHQWH
$omRGHUHFRQKHFLPHQWRHH[WLQomRGHXQLmRHVWiYHO
R TXH ID] FRP IXQGDPHQWR QR DUW  H VHJXLQWHV GR &yGLJR GH
3URFHVVR&LYLOHSHODVUD]}HVGHIDWRHGHGLUHLWRDVHJXLUDGX]LGDV
,±)DWRVHGLUHLWR
([SRU RV IDWRV GHVFUHYHQGR D pSRFD GR LQtFLR GD UHODomR
DFRQWHFLPHQWRV GXUDQWH D XQLmR QRWDGDPHQWH VLWXDo}HV IiWLFDV
VXILFLHQWHVjSURYDGDXQLmRHVWiYHOH[LVWHQWHHQWUHDVSDUWHVFRPR
QRWRULHGDGH SXEOLFLGDGH FRQWLQXLGDGH ILGHOLGDGH H[LVWrQFLD GH
ILOKRVFRPXQVHWFDGDWDGRWpUPLQRHRPRWLYRTXHDHQVHMRX
2VEHQVDGTXLULGRVGXUDQWHDXQLmRHVWiYHOIRUDPRVVHJXLQWHV

3RVWD DVVLP D TXHVWmR FRQILJXURXVH FODUDPHQWH R ³DIIHFWLR
PDULWDOLV´ FRP D FRQYLYrQFLD S~EOLFD FRQWtQXD GXUDGRXUD H
HVWDEHOHFLGDFRPRREMHWLYRGHFRQVWLWXLomRGHIDPtOLDRTXHDXWRUL]D


QRVWHUPRVGRDUWGR&yGLJR&LYLORUHFRQKHFLPHQWRGDXQLmR
HVWiYHOTXHQDGDREVWDQWHILQGRXVHHP
,,±$OLPHQWRV
7HQGR HP YLVWD TXH VHPSUH VH GHGLFRX jV WDUHIDV GRPpVWLFDV D
UHTXHUHQWH QHFHVVLWD GRV DOLPHQWRV SHOR SHUtRGR GH  WUrV DQRV
DSWRV D SHUPLWLU D UHDGHTXDomR GD VXD YLGD WHQGR HP YLVWD TXH R
UHTXHULGRQXQFDDGHL[RXH[HUFHUDWLYLGDGHODERUDWLYD
3DUD WDQWR WHQGR HP YLVWD TXH R UHTXHULGR UHFHEH  HP UD]mR
GDV VXDV DWLYLGDGHV R TXH VH SURYD SHORV GRFXPHQWRV DQH[RV
GRFXPHQWR
e SUHFLVR QRWDU TXH R UHTXHULGR GHWDOKDU DV DWLYLGDGHV H D UHQGD
GRFDVDO
9,±3HGLGRV
1RV WHUPRV GR DUW  H VHJXLQWHV GR &yGLJR GH 3URFHVVR &LYLO
UHTXHUD9RVVD([FHOrQFLD
D VHMD FLWDGR R UHTXHULGR SHOR FRUUHLR SDUD FRQWHVWDU QR SUD]R GH
 TXLQ]H GLDV GLVSHQVDQGR 9RVVD ([FHOrQFLD D DXGLrQFLD GR DUW
 GR &yGLJR GH 3URFHVVR &LYLO WHQGR HP YLVWD D DEVROXWD
LPSRVVLELOLGDGH GH UHFRQFLOLDomR H VH DVVLP QmR HQWHQGHU 9RVVD
([FHOrQFLD TXH VHMD D PHVPD PDUFDGD FRP D PDLRU EUHYLGDGH
GHYHQGRRUHTXHULGRVHUFLWDGRSDUDQHODFRPSDUHFHU
EDRILQDOQmRKDYHQGRDFRUGRHFRPDFRQWHVWDomRDSUHVHQWDGD
SHORUHTXHULGRTXHUHQGRQRSUD]RGRDUWGR&yGLJRGH3URFHVVR
&LYLO VHMD MXOJDGD SURFHGHQWH D SUHVHQWH DomR FRP D GHFUHWDomR GR
GLYyUFLR GR FDVDO H DSyV DV IRUPDOLGDGHV OHJDLV D H[SHGLomR GH
PDQGDGRGHDYHUEDomRHIRUPDOGHSDUWLOKDQRVWHUPRVGDOHL
FDFRQGHQDomRGRUHTXHULGRQRVDOLPHQWRVGHYLGRVjUHTXHUHQWH
GXUDQWH  WUrV DQRV QR YDORU GH  GRV VHXV YHQFLPHQWRV
GHGX]LGRV DSHQDV RV GHVFRQWRV ILVFDLV H SUHYLGHQFLiULRV
REULJDWyULRVGHIHULQGR9RVVD([FHOrQFLDWXWHODSURYLVyULDGHXUJrQFLD
QRVWHUPRVGRDUWGR&yGLJRGH3URFHVVR&LYLO
G D SDUWLOKD GRV EHQV GRV FRQYLYHQWHV SRVWR TXH DGTXLULGRV
RQHURVDPHQWH QR FXUVR GD XQLmR HVWiYHO QD SURSRUomR GH 


FLQTXHQWDSRUFHQWRSDUDFDGDXPFRPDVQHFHVViULDVDYHUEDo}HV
H D FRQGHQDomR GR UHTXHULGR DR SDJDPHQWR GH FXVWDV H
KRQRUiULRVSRUWHUGDGRFDXVDjSUHVHQWHGHPDQGDOLWLJLRVD
7HQGR HP YLVWD TXH QmR Ki LQWHUHVVH GH LQFDSD]HV SRVWR TXH D
JXDUGD H RV DOLPHQWRV HVWmR VHQGR GLVFXWLGRV HP DomR SUySULD
UHTXHUVH QRV WHUPRV GR DUW  GR &yGLJR GH 3URFHVVR &LYLO D
GLVSHQVDGDRLWLYDGR5HSUHVHQWDQWHGR0LQLVWpULR3~EOLFR
9,,±3URYDV
3URWHVWDSRUSURYDURDOHJDGRDWUDYpVGHWRGRVRVPHLRVGHSURYD
HPGLUHLWRDGPLWLGRVHPHVSHFLDOSHODSURGXomRGHSURYDGRFXPHQWDO
WHVWHPXQKDO SHULFLDO H LQVSHomR MXGLFLDO DOpP GD MXQWDGD GH QRYRV
GRFXPHQWRVHGHPDLVPHLRVTXHVHIL]HUHPQHFHVViULRV
9,,,±9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5SDUDRVHIHLWRVILVFDLV
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

8.11.3. Regulamentação de guarda e visita cumulada com alimentos

([PRD6UD'UD-XL]DGH'LUHLWRGD

HSRUVHXVDGYRJDGRVHSURFXUDGRUHVGRFXPHQWRYHP
UHVSHLWRVDPHQWHjSUHVHQoDGH9RVVD([FHOrQFLDSURSRUHPIDFHGH
DSUHVHQWH
$omR GH JXDUGD FF DOLPHQWRV H UHJXODPHQWDomR GH YLVLWDV FRP
SHGLGRGHWXWHODGHXUJrQFLD
RTXHID]FRPIXQGDPHQWRQD/HLDUWLJRHVHJXLQWHV
GR&yGLJR&LYLODUWLJRHVHJXLQWHVGR&yGLJRGH3URFHVVR&LYLOH
QRVDUJXPHQWRVGHIDWRHGHGLUHLWRDVHJXLUDGX]LGRV
,±)DWRV


 2PHQRUpIUXWRGRUHODFLRQDPHQWRHQWUHUHTXHUHQWHHUHTXHULGR
H QDVFHX QR GLD  QRV WHUPRV GD FHUWLGmR GH QDVFLPHQWR DQH[D
GRFXPHQWR
1DGDREVWDQWHUHTXHUHQWHHUHTXHULGRGHFLGLUDPFRORFDUXPILPQD
UHODomRHQWUHDPERVGHWDOVRUWHTXHVHID]LPSUHVFLQGtYHOUHJXODUL]DU
TXHVW}HVUHIHUHQWHVDRILOKRFRPXPQRTXHGL]UHVSHLWRjVXDJXDUGD
DOLPHQWRV EHP FRPR UHJXODPHQWDomR GDV YLVLWDV PRWLYR SHOR TXDO D
UHTXHUHQWHSURS}HDSUHVHQWH$omR
,,±*XDUGD
$UHTXHUHQWHMiH[HUFHDJXDUGDXQLODWHUDOGHIDWRHDVVLPSUHWHQGH
SHUPDQHFHU WHQGR HP YLVWD TXH GHVFUHYHU RV PRWLYRV SHORV TXDLV
QmRGHYHH[FHSFLRQDOPHQWHVHUGHIHULGDDJXDUGDFRPSDUWLOKDGD
(QVLQD )DEtROD 6DQWRV $OEXTXHUTXH 3RGHU IDPLOLDU QDV IDPtOLDV
UHFRPSRVWDVSiJ

³$ XQLGDGH IDPLOLDU SHUVLVWH PHVPR GHSRLV GD VHSDUDomR GH VHXV
FRPSRQHQWHVpXPHORTXHVHSHUSHWXD'HL[DQGRRVSDLVGHYLYHUVRE
R PHVPR WHWR DLQGD TXH KDMD VLWXDomR GH FRQIOLWR HQWUH HOHV VREUH D
JXDUGD GRV ILOKRV VXMHLWRV DR SRGHU IDPLOLDU p QHFHVViULR GHILQLU D
JXDUGDVHFRQMXQWDRXXQLODWHUDO´

2DUWLJRGR&yGLJR&LYLOSUHYrDJXDUGDXQLODWHUDOHDJXDUGD
FRPSDUWLOKDGD H HPERUD HVWD VHMD UHJUD D H[FHSFLRQDOLGDGH GR
YHUWHQWHFDVRLQGLFDDQHFHVVLGDGHGHJXDUGDXQLODWHUDODVHUH[HUFLGD
SHODUHTXHUHQWHPmHGRPHQRUSRVWRTXHDVVLPDWHQGHUVHiPHOKRU
RVLQWHUHVVHVGHVWH
,,,±5HJXODPHQWDomRGHYLVLWDV
e GLUHLWR IXQGDPHQWDO GD FULDQoD H GR DGROHVFHQWH WHU FRQVLJR D
SUHVHQoDGRVSDLVHQmRVHQHJDTXHpGLUHLWRGRUHTXHULGRTXHQmR
FRQYLYHFRPRILOKRGHOKHSUHVWDUYLVLWDQRVWHUPRVGRDUWGD/HL
(VWDWXWRGD&ULDQoDHGR$GROHVFHQWH
2 DUWLJR  † ž GR &yGLJR &LYLO GL] TXH jTXHOH TXH QmR
GHWHQKDDJXDUGDWHPDREULJDomRGHVXSHUYLVLRQDURVLQWHUHVVHVGR
ILOKR
0DULD%HUHQLFH'LDV0DQXDOGH'LUHLWRGDV)DPtOLDS


HVFODUHFHTXH

³$ YLVLWDomR QmR p VRPHQWH XP GLUHLWR DVVHJXUDGR DR SDL RX j PmH p
GLUHLWR GR SUySULR ILOKR GH FRP HOHV FRQYLYHU R TXH UHIRUoD RV YtQFXORV
SDWHUQR H PDWHUQRILOLDO  &RQVDJUDGR R SULQFtSLR SURWHomR LQWHJUDO
HPYH]GHUHJXODPHQWDUDVYLVLWDVpQHFHVViULRHVWDEHOHFHUIRUPDVGH
FRQYLYrQFLD SRLV QmR Ki SURWHomR SRVVtYHO FRP D H[FOXVmR GR RXWUR
JHQLWRU´

(P FRQVRQkQFLD FRP R DFDWDGR H QR PHOKRU LQWHUHVVH GR ILOKR D

UHTXHUHQWHHQWHQGHHUHTXHUVHMDUHJXODPHQWDGDDYLVLWDGRUHTXHULGR
GDVHJXLQWHIRUPD
D )LQDLV GH VHPDQD LQWHUFDODGRV XP FRP D PmH H R RXWUR FRP R
SDLGHYHQGRRUHTXHULGRDYLVDUDJHQLWRUDFDVRSUHWHQGDVHDXVHQWDU
GDFRPDUFDFRPRILOKR
E)HULDGRVLQWHUFDODGRV
F'LDVGRVSDLVFRPRUHTXHULGR
G 1DWDO H DQR QRYR LQWHUFDODGRV H DOWHUQDGRV GH WDO VRUWH TXH QR
SULPHLUR DQR R QDWDO VHUi FRP D UHTXHUHQWH H R DQR QRYR FRP R
UHTXHULGR
,9±$OLPHQWRV
2GHYHUDOLPHQWDUGRVSDLVHVWiSUHYLVWRH[SUHVVDPHQWHQRDUW
GD&RQVWLWXLomR)HGHUDO
1R PHVPR VHQWLGR R DUWLJR  , GR &yGLJR &LYLO GLVS}H TXH D
FULDomR H D HGXFDomR GRV ILOKRV PHQRUHV FRPSHWHP DRV SDLV (VWH
GHYHU GH VXVWHQWR FULDomR H HGXFDomR WDPEpP p SUHYLVWR QR DUW 
GR(VWDWXWRGD&ULDQoDHGR$GROHVFHQWH/HL
9HULILFDVH SRUWDQWR TXH FRPSHWH D DPERV QD PHGLGD GDV VXDV
SRVVLELOLGDGHVHGDQHFHVVLGDGHGRILOKRSURYHUOKHRVXVWHQWR
'H IDWR R &yGLJR &LYLO FRQIHUH R GLUHLWR GH SOHLWHDU DOLPHQWRV GRV
SDUHQWHVQRWDGDPHQWHHQWUHSDLVHILOKRVQRVWHUPRVGRVDUWVH

'H DFRUGR FRP R † ž GR DUW  GR &yGLJR &LYLO RV UHTXLVLWRV
SDUDDFRQFHVVmRGRVDOLPHQWRVVmRDQHFHVVLGDGHGRDOLPHQWDQGRH
DFDSDFLGDGHGRDOLPHQWDQWH


 2UD R UHTXHULGR p  SHUFHEHQGR PHQVDOPHQWH  QRV WHUPRV
GRVGRFXPHQWRVDQH[RVGRFXPHQWR
'HWHUPLQDRDUWGR&yGLJR&LYLO

³6mR GHYLGRV RV DOLPHQWRV TXDQGR TXHP RV SUHWHQGH QmR WHP EHQV
VXILFLHQWHV QHP SRGH SURYHU SHOR VHX WUDEDOKR j SUySULD PDQWHQoD H
DTXHOH GH TXHP VH UHFODPDP SRGH IRUQHFrORV VHP GHVIDOTXH GR
QHFHVViULRDRVHXVXVWHQWR´

(RUHTXHULGRQHFHVVLWDGDVDWLVIDomRGDVVHJXLQWHVQHFHVVLGDGHV
GHQDWXUH]DDOLPHQWDU
'HVFUHYHUWRGDVDVGHVSHVDVGRDOLPHQWDQGRMXQWDQGRHFLWDQGR
RVUHVSHFWLYRVGRFXPHQWRVTXHDVFRPSURYDP
$VVLPXPDYH]FRQVWDWDGRRJUDXGHSDUHQWHVFRDSRVVLELOLGDGHGR
DOLPHQWDQWH H D QHFHVVLGDGH GR DOLPHQWDQGR UHFRQKHFHVH R GHYHU
GHSUHVWDUDOLPHQWRVHUHTXHUGHVGHMiVXDIL[DomRHP5jWtWXOR
GHDOLPHQWRVGHILQLWLYRV
9±7XWHODSURYLVyULDGHXUJrQFLD±DUWVHGR
&yGLJRGH3URFHVVR&LYLOHDUWžGD/HL
1DV Do}HV GH DOLPHQWRV p FDEtYHO D IL[DomR GH DOLPHQWRV
SURYLVyULRVQRVWHPRVGRDUWžGD/HL

³$RGHVSDFKDURSHGLGRRMXL]IL[DUiGHVGHORJRDOLPHQWRVSURYLVyULRVD
VHUHP SDJRV SHOR GHYHGRU VDOYR VH R FUHGRU H[SUHVVDPHQWH GHFODUDU
TXHGHOHVQmRQHFHVVLWD´

1R YHUWHQWH FDVR HP UD]mR GDV GLILFXOGDGHV ILQDQFHLUDV SRU TXH
SDVVD D JHQLWRUD GR PHQRU PLVWHU VH ID] D IL[DomR FRPR WXWHOD GH
XUJrQFLD
'H RXWUR ODGR R UHTXHULGR JR]D GH HVWiYHO VLWXDomR HFRQ{PLFD H
ILQDQFHLUDHGHYHDUFDUFRPDVQHFHVVLGDGHVGRVHXILOKRPRUPHQWH
QR SUHVHQWH FDVR HP TXH QmR SDLUD TXDOTXHU G~YLGD VREUH D
SDWHUQLGDGHRTXHWRUQDLQMXVWLILFiYHODLQpUFLDGRUHTXHULGRTXHSULYD
RUHTXHUHQWHVHXILOKRGRQHFHVViULRDRVXVWHQWR
3RVWDDVVLPDTXHVWmRUHTXHUVHD9RVVD([FHOrQFLDDIL[DomRGH
DOLPHQWRVSURYLVyULRVHPFDUiWHUGHXUJrQFLDQRYDORUPHQVDOGH5


 D VHUHP GHSRVLWDGRV QD FRQWD FRUUHQWH  SDUD VDWLVIDomR GDV
QHFHVVLGDGHVGRILOKRGRUHTXHULGRQRVWHUPRVGHVWDH[RUGLDO
9,±3HGLGR
'LDQWH GR H[SRVWR D SUHVHQWH DomR GHYH VHU MXOJDGD WRWDOPHQWH
SURFHGHQWHGHWHUPLQDQGR9RVVD([FHOrQFLD
D D IL[DomR GH DOLPHQWRV SURYLVyULRV HP FDUiWHU GH XUJrQFLD QR
YDORU PHQVDO GH 5  PHQVDLV FRP DWXDOL]DomR SHOD YDULDomR GR
 D VHUHP GHSRVLWDGRV QD FRQWD FRUUHQWH  SDUD VDWLVIDomR GDV
QHFHVVLGDGHVGRILOKRGRUHTXHULGRQRVWHUPRVGHVWDH[RUGLDO
E VHMD FLWDGR R UHTXHULGR SHOR FRUUHLR SDUD FRPSDUHFHU QD
DXGLrQFLDGRDUWGR&yGLJRGH3URFHVVR&LYLO
FDRILQDOQmRKDYHQGR DFRUGRHFRPDFRQWHVWDomRDSUHVHQWDGD
SHORUHTXHULGRTXHUHQGRQRSUD]RGRDUWGR&yGLJRGH3URFHVVR
&LYLO VRE SHQD GH UHYHOLD VHMDP IL[DGRV RV DOLPHQWRV GHILQLWLYRV QR
YDORU GH 5  PHQVDLV FRP DWXDOL]DomR GHVGH D SURSRVLWXUD GD
SUHVHQWHDomRSHODYDULDomRGRDFUHVFLGRGHHYHQWXDLVGHVSHVDV
H[WUDRUGLQiULDVTXHVXUJLUHPGXUDQWHDWUDPLWDomRGDSUHVHQWHDomR
GVHMDGHIHULGDDJXDUGDGHILQLWLYDGRPHQRUHPIDYRUGDPmH
RUD UHTXHUHQWH SRVWR TXH Mi D H[HUFH GH IDWR H GHVGH R VHX
QDVFLPHQWR
H$LQWLPDomRGR0LQLVWpULR3~EOLFRDUWGR&3&SDUDTXHVH
PDQLIHVWHQRSUHVHQWHIHLWRHPUD]mRGRLQWHUHVVHGHLQFDSD]
I  D FRQGHQDomR GR UHTXHULGR DR SDJDPHQWR GH FXVWDV H
KRQRUiULRVSRUWHUGDGRFDXVDjSUHVHQWHGHPDQGDOLWLJLRVD
J VHMD H[SHGLGR RItFLR DR HPSUHJDGRU GR UHTXHULGR SDUD TXH
LQIRUPH RV UHQGLPHQWRV H[DWRV TXH DXIHUH DUW ž † ž GD /HL Q
VREDVSHQDVGDOHLFXMRGRFXPHQWRGHYHUiYLUSDUDRV
DXWRVDWpDGDWDGDDXGLrQFLD
9,,±3URYDV
3URWHVWDSRUSURYDURDOHJDGRDWUDYpVGHWRGRVRVPHLRVGHSURYD
HPGLUHLWRDGPLWLGRVHPHVSHFLDOSHODSURGXomRGHSURYDGRFXPHQWDO
WHVWHPXQKDO SHULFLDO H LQVSHomR MXGLFLDO DOpP GD MXQWDGD GH QRYRV
GRFXPHQWRVHGHPDLVPHLRVTXHVHIL]HUHPQHFHVViULRV


 9,,,±9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5SDUDRVHIHLWRVILVFDLV
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

8.11.4. Investigação de paternidade

([PRD6UD'UD-XL]DGH'LUHLWRGD

 SRU VHXV DGYRJDGRV H SURFXUDGRUHV GRFXPHQWR  YHP
UHVSHLWRVDPHQWHjSUHVHQoDGH9RVVD([FHOrQFLDSURSRUHPIDFHGH
DSUHVHQWH
$omR GH LQYHVWLJDomR GH SDWHUQLGDGH FXPXODGD FRP SHGLGR GH
DOLPHQWRV
RTXHID]FRPIXQGDPHQWRQRVPRWLYRVGHIDWRHGHGLUHLWRDVHJXLU
DGX]LGRV
,±)DWRV
2 UHTXHULGR H D PmH GR UHTXHUHQWH PDQWLYHUDP UHODFLRQDPHQWR
tQWLPRHDIHWLYRGHVFUHYHUDVFLUFXQVWkQFLDVGRUHODFLRQDPHQWR
'HVVHUHODFLRQDPHQWRIRLJHUDGRRUHTXHUHQWHTXHQDGDREVWDQWH
UHFHEHX DSHQDV R QRPH GD PmH FRQIRUPH ID] SURYD D FHUWLGmR GH
QDVFLPHQWRDQH[DGRFXPHQWR
1DGD REVWDQWH D IODJUDQWH SDWHUQLGDGH SHORV HOHPHQWRV WUD]LGRV
QHVWDH[RUGLDORUHTXHULGRQHJRXVHSHUHPSWRULDPHQWHUHFRQKHFHUR
ILOKRHDVVXPLUDVXDHYLGHQWHSDWHUQLGDGH
$WXDOPHQWH R UHTXHUHQWH FRQWD FRP  GH LGDGH H DWp HQWmR IRL
VXVWHQWDGRPDWHULDOHPRUDOPHQWHDSHQDVSHODPmH
%DOGRV RV HVIRUoRV SDUD XPD FRPSRVLomR DPLJiYHO TXH
UHFRQKHFHVVH D SDWHUQLGDGH QmR UHVWRX DOWHUQDWLYD VHQmR D
SURSRVLWXUD GD SUHVHQWH DomR GH LQYHVWLJDomR GH SDWHUQLGDGH


FXPXODGDFRPDOLPHQWRV
,,±'LUHLWR
2&yGLJR&LYLOSUHFHLWXD

³$UW2ILOKRKDYLGRIRUDGRFDVDPHQWRSRGHVHUUHFRQKHFLGRSHORV
SDLVFRQMXQWDRXVHSDUDGDPHQWH´

1HVWD H[DWD PHGLGD R (VWDWXWR GD &ULDQoD H $GROHVFHQWH

HVWDEHOHFHTXH

³$UW  2 UHFRQKHFLPHQWR GR HVWDGR GH ILOLDomR p GLUHLWR

SHUVRQDOtVVLPR LQGLVSRQtYHO H LPSUHVFULWtYHO SRGHQGR VHU H[HUFLWDGR
FRQWUD RV SDLV RX VHXV KHUGHLURV VHP TXDOTXHU UHVWULomR REVHUYDGR R
VHJUHGRGHMXVWLoD´

(P FRQVRQkQFLD FRP R DFDWDGR SRU OHL p GLUHLWR GR UHTXHUHQWH R

UHFRQKHFLPHQWRGRHVWDGRGHILOLDomR
,JXDOPHQWHR&yGLJR&LYLOGLVS}HH[SUHVVDPHQWHTXH

³$UW3RGHPRVSDUHQWHVRVF{QMXJHVRXFRPSDQKHLURVSHGLUXQV
DRV RXWURV RV DOLPHQWRV GH TXH QHFHVVLWHP SDUD YLYHU GH PRGR
FRPSDWtYHO FRP D VXD FRQGLomR VRFLDO LQFOXVLYH SDUD DWHQGHU jV
QHFHVVLGDGHVGHVXDHGXFDomR´

(QVLQD<XVVHI6DLG&DKDOLHPVHXOLYUR'RV$OLPHQWRVHG6mR
3DXOR57STXH

³2 VHU KXPDQR SRU QDWXUH]D p FDUHQWH GHVGH D VXD FRQFHSomR FRPR
WDO VHJXH R VHX IDGiULR DWp R PRPHQWR TXH OKH IRL UHVHUYDGR FRPR
GHUUDGHLURQHVVDGLODomRWHPSRUDO±PDLVRXPHQRVSURORQJDGD±DVXD
GHSHQGrQFLD GRV DOLPHQWRV p XPD FRQVWDQWH SRVWD FRPR FRQGLomR GH
YLGD 'Dt D H[SUHVVLYLGDGH GD SDODYUD µDOLPHQWRV¶ QR VHX VLJQLILFDGR
YXOJDUWXGRDTXLORTXHpQHFHVViULRjFRQVHUYDomRGRVHUKXPDQRFRP
YLGD´

(RUHTXHULGRQHFHVVLWDGDVDWLVIDomRGDVVHJXLQWHVQHFHVVLGDGHV
GHQDWXUH]DDOLPHQWDU
'HVFUHYHUWRGRVDVGHVSHVDVGRDOLPHQWDQGRMXQWDQGRHFLWDQGR


RVUHVSHFWLYRVGRFXPHQWRVTXHDVFRPSURYDP
$VVLPXPDYH]FRQVWDWDGRRJUDXGHSDUHQWHVFRDSRVVLELOLGDGHGR
DOLPHQWDQWH H D QHFHVVLGDGH GR DOLPHQWDQGR UHFRQKHFHVH R GHYHU
GHSUHVWDUDOLPHQWRVHUHTXHUGHVGHMiVXDIL[DomRHP5jWtWXOR
GHDOLPHQWRVGHILQLWLYRV
1R YHUWHQWH FDVR HP UD]mR GDV GLILFXOGDGHV ILQDQFHLUDV SRU TXH
SDVVD D JHQLWRUD GR PHQRU PLVWHU VH ID] D IL[DomR FRPR WXWHOD GH
XUJrQFLD
'H RXWUR ODGR R UHTXHULGR JR]D GH HVWiYHO VLWXDomR HFRQ{PLFD H
ILQDQFHLUDHGHYHDUFDUFRPDVQHFHVVLGDGHVGRVHXILOKR
'HVWD IRUPD p HYLGHQWH R GHYHU GH SUHVWDomR GH DOLPHQWRV SHOR
UHTXHULGRDRUHTXHUHQWH
,,,±3HGLGR
(P UD]mR GR TXDQWR IRL H[SRVWR UHTXHUVH D SURFHGrQFLD GD DomR
FRP
DRGHIHULPHQWRGRVEHQHItFLRVGDMXVWLoDJUDWXLWDDRUHTXHUHQWH
EDIL[DomRGHDOLPHQWRVSURYLVyULRVHPFDUiWHUGHXUJrQFLD&3&
DUWVHQRYDORUPHQVDOGH5PHQVDLVFRP
DWXDOL]DomR SHOD YDULDomR GR  D VHUHP GHSRVLWDGRV QD FRQWD
FRUUHQWH  SDUD VDWLVIDomR GDV QHFHVVLGDGHV GR ILOKR GR UHTXHULGR
QRVWHUPRVGHVWDH[RUGLDO
F D FLWDomR GR UHTXHULGR SDUD FRPSDUHFHU j DXGLrQFLD D VHU
GHVLJQDGD SRU 9RVVD ([FHOrQFLD SUHYLVWD QR DUW  GR &yGLJR GH
3URFHVVR &LYLO H DSyV D VXD UHDOL]DomR QmR KDYHQGR DFRUGR
FRQWHVWDU R IHLWR QR SUD]R OHJDO GR DUW  GR &3& VRE SHQD GH
VXMHLWDUVHDRVHIHLWRVGDUHYHOLD
GDUHDOL]DomRGHSURYDSHULFLDOODERUDWRULDOSRUPHLRGHH[DPHGH
'1$ MXQWR D yUJmR RILFLDO RX HP FDVR GH SURGXomR SRU HQWLGDGH
SDUWLFXODU VHMD R UHTXHULGR FRQGHQDGR QDV FXVWDV H FRP RX VHP D
VXD UHDOL]DomR R UHFRQKHFLPHQWR GD SDWHUQLGDGH YLQGLFDGD QHVWD
DomR FRPR D FRQVHTXHQWH H[SHGLomR GR PDQGDGR GH UHWLILFDomR DR
FDUWyULR GH UHJLVWUR FLYLO SDUD ID]HU FRQVWDU R QRPH GR SDL H DV
DQRWDo}HVSHUWLQHQWHVjILOLDomRGRPHQRU


 H D LQWLPDomR GR LOXVWUH UHSUHVHQWDQWH GR 0LQLVWpULR 3~EOLFR QD
IRUPDGRDUWGR&yGLJRGH3URFHVVR&LYLO
I  D FRQGHQDomR GR 5HTXHULGR DR SDJDPHQWR GRV DOLPHQWRV
GHILQLWLYRVQRYDORUPHQVDOGH5PHQVDLVFRPDWXDOL]DomRSHOD
YDULDomR GR  D VHUHP GHSRVLWDGRV QD FRQWD FRUUHQWH  SDUD
VDWLVIDomR GDV QHFHVVLGDGHV GR ILOKR GR UHTXHULGR QRV WHUPRV GHVWD
H[RUGLDO
J D FRQGHQDomR GR UHTXHULGR QR SDJDPHQWR GDV FXVWDV
SURFHVVXDLVHKRQRUiULRVDGYRFDWtFLRVTXH9RVVD([FHOrQFLDIL[DUQRV
WHUPRVGRDUWHVHJXLQWHVGR&yGLJRGH3URFHVVR&LYLO
9,,±3URYDV
3URWHVWDSRUSURYDURDOHJDGRPHGLDQWHWRGRVRVPHLRVGHSURYDHP
GLUHLWR DGPLWLGRV HP HVSHFLDO SHOD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO SHULFLDO H LQVSHomR MXGLFLDO DOpP GD MXQWDGD GH QRYRV
GRFXPHQWRVHGHPDLVPHLRVTXHVHIL]HUHPQHFHVViULRV
9,,,±9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5SDUDRVHIHLWRVILVFDLV
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

8.11.5. Alimentos

([PRD6UD'UD-XL]DGH'LUHLWRGD

 SRU VHXV DGYRJDGRV H SURFXUDGRUHV GRFXPHQWR  YHP
UHVSHLWRVDPHQWHjSUHVHQoDGH9RVVD([FHOrQFLDSURSRUHPIDFHGH
DSUHVHQWH
$omR GH DOLPHQWRV FRP SHGLGR OLPLQDU GH IL[DomR GH DOLPHQWRV
SURYLVyULRV
RTXHID]FRPIXQGDPHQWRQD/HLQGHGHMXOKRGH


QRDUWSDUiJUDIR~QLFRGR&yGLJRGH3URFHVVR&LYLOHQDVUD]}HV
GHIDWRHGHGLUHLWRDVHJXLUDGX]LGRV
,±)DWRVHGLUHLWR
2 UHTXHUHQWH p ILOKR GR UHTXHULGR Mi TXDOLILFDGR FRQIRUPH FRQVWD
GDLQFOXVDFySLDGDFHUWLGmRGHQDVFLPHQWRGRFXPHQWR
2GHYHUDOLPHQWDUGRVSDLVHVWiSUHYLVWRH[SUHVVDPHQWHQRDUW
GD&RQVWLWXLomR)HGHUDO
1R PHVPR VHQWLGR R DUWLJR  , GR &yGLJR &LYLO GLVS}H TXH D
FULDomR H D HGXFDomR GRV ILOKRV PHQRUHV FRPSHWHP DRV SDLV (VWH
GHYHU GH VXVWHQWR FULDomR H HGXFDomR WDPEpP p SUHYLVWR QR DUW 
GR(VWDWXWRGD&ULDQoDHGR$GROHVFHQWH/HL
9HULILFDVH SRUWDQWR TXH FRPSHWH DR UHTXHULGR QD PHGLGD GDV
VXDVSRVVLELOLGDGHVHGDQHFHVVLGDGHGRILOKRRUDUHTXHUHQWHSURYHU
OKHRVXVWHQWR
'H IDWR R &yGLJR &LYLO FRQIHUH R GLUHLWR GH SOHLWHDU DOLPHQWRV GRV
SDUHQWHVQRWDGDPHQWHHQWUHSDLVHILOKRVQRVWHUPRVGRDUWH

3UHFHLWXDR†žGRDUWGR&yGLJR&LYLORVUHTXLVLWRVSDUDD
FRQFHVVmR GRV DOLPHQWRV VmR D QHFHVVLGDGH GR DOLPHQWDQGR H D
FDSDFLGDGHGRDOLPHQWDQWH
2UD R UHTXHULGR p  SHUFHEHQGR PHQVDOPHQWH  QRV WHUPRV
GRVGRFXPHQWRVDQH[RVGRFXPHQWR
'HWHUPLQDRDUWGR&yGLJR&LYLO³6mR GHYLGRV RV DOLPHQWRV
TXDQGR TXHP RV SUHWHQGH QmR WHP EHQV VXILFLHQWHV QHP SRGH
SURYHUSHORVHXWUDEDOKRjSUySULDPDQWHQoDHDTXHOHGHTXHPVH
UHFODPDP SRGH IRUQHFrORV VHP GHVIDOTXH GR QHFHVViULR DR VHX
VXVWHQWR´
(RUHTXHULGRQHFHVVLWDGDVDWLVIDomRGDVVHJXLQWHVQHFHVVLGDGHV
GHQDWXUH]DDOLPHQWDU
'HVFUHYHUWRGRVDVGHVSHVDVGRDOLPHQWDQGRMXQWDQGRHFLWDQGR
RVUHVSHFWLYRVGRFXPHQWRVTXHDVFRPSURYDP
$VVLPXPDYH]FRQVWDWDGRRHYLGHQWHHLQFRQWURYHUVRSDUHQWHVFR
D SRVVLELOLGDGH GR DOLPHQWDQWH H D QHFHVVLGDGH GR DOLPHQWDQGR


UHFRQKHFHVHRGHYHUGHSUHVWDUDOLPHQWRVGHWDOVRUWHTXHVHUHTXHU
GHVGHMiVXDIL[DomRHP5jWtWXORGHDOLPHQWRVGHILQLWLYRV
9±7XWHODSURYLVyULDGHXUJrQFLD±DUWVHGR
&yGLJRGH3URFHVVR&LYLOHDUWžGD/HL
1DV Do}HV GH DOLPHQWRV p FDEtYHO D IL[DomR GH DOLPHQWRV
SURYLVyULRVQRVWHPRVGRDUWžGD/HL

³$RGHVSDFKDURSHGLGRRMXL]IL[DUiGHVGHORJRDOLPHQWRVSURYLVyULRVD
VHUHP SDJRV SHOR GHYHGRU VDOYR VH R FUHGRU H[SUHVVDPHQWH GHFODUDU
TXHGHOHVQmRQHFHVVLWD´

1R YHUWHQWH FDVR HP UD]mR GDV GLILFXOGDGHV ILQDQFHLUDV SRU TXH
SDVVD D JHQLWRUD GR PHQRU PLVWHU VH ID] D IL[DomR FRPR WXWHOD GH
XUJrQFLD GHWHUPLQDQGR VHX SDJDPHQWR H[FOXVLYDPHQWH SHOR
UHTXHULGR
,VWR SRUTXH R UHTXHULGR JR]D GH HVWiYHO VLWXDomR HFRQ{PLFD H
ILQDQFHLUDHGHYHDUFDUFRPDVQHFHVVLGDGHVGRVHXILOKRPRUPHQWH
QR SUHVHQWH FDVR HP TXH QmR SDLUD TXDOTXHU G~YLGD VREUH D
SDWHUQLGDGHRTXHWRUQDLQMXVWLILFiYHODLQpUFLDTXHSULYDRUHTXHUHQWH
VHXILOKRGRQHFHVViULRDRVXVWHQWR
3RVWDDVVLPDTXHVWmRUHTXHUVHD9RVVD([FHOrQFLDDIL[DomRGH
DOLPHQWRVSURYLVyULRVHPFDUiWHUGHXUJrQFLDQRYDORUPHQVDOGH5
 D VHUHP GHSRVLWDGRV QD FRQWD FRUUHQWH  SDUD VDWLVIDomR GDV
QHFHVVLGDGHVGRILOKRGRUHTXHULGRQRVWHUPRVGHVWDH[RUGLDO
9,±3HGLGR
'LDQWH GR H[SRVWR D SUHVHQWH DomR GHYH VHU MXOJDGD WRWDOPHQWH
SURFHGHQWHGHWHUPLQDQGR9RVVD([FHOrQFLD
D D IL[DomR GH DOLPHQWRV SURYLVyULRV HP FDUiWHU GH XUJrQFLD QR
YDORU PHQVDO GH 5  PHQVDLV FRP DWXDOL]DomR SHOD YDULDomR GR
 D VHUHP GHSRVLWDGRV QD FRQWD FRUUHQWH  SDUD VDWLVIDomR GDV
QHFHVVLGDGHVGRILOKRGRUHTXHULGRQRVWHUPRVGHVWDH[RUGLDO
E VHMD H[SHGLGR RItFLR DR HPSUHJDGRU GR UHTXHULGR SDUD TXH
LQIRUPHRVUHQGLPHQWRVH[DWRVSRUHOHDXIHULGRVDUWž†žGD/HLQ
VREDVSHQDVGDOHLFXMRGRFXPHQWRGHYHUiYLUSDUDRV
DXWRVDWpDGDWDGDDXGLrQFLD


 F VHMD FLWDGR R UHTXHULGR SHOR FRUUHLR SDUD FRPSDUHFHU QD
DXGLrQFLDGRDUWGR&yGLJRGH3URFHVVR&LYLO
GDRILQDOQmRKDYHQGRDFRUGRHFRPDFRQWHVWDomRDSUHVHQWDGD
SHORUHTXHULGRTXHUHQGRQRSUD]RGRDUWGR&yGLJRGH3URFHVVR
&LYLO VRE SHQD GH UHYHOLD VHMDP IL[DGRV RV DOLPHQWRV GHILQLWLYRV QR
YDORU GH 5  PHQVDLV FRP DWXDOL]DomR GHVGH D SURSRVLWXUD GD
SUHVHQWHDomRSHODYDULDomRGRDFUHVFLGRGHHYHQWXDLVGHVSHVDV
H[WUDRUGLQiULDVTXHVXUJLUHPGXUDQWHDWUDPLWDomRGDSUHVHQWHDomR
HDLQWLPDomRGR0LQLVWpULR3~EOLFRDUWGR&3&SDUDTXHVH
PDQLIHVWHQRSUHVHQWHIHLWRHPUD]mRGRLQWHUHVVHGHLQFDSD]
I  D FRQGHQDomR GR UHTXHULGR DR SDJDPHQWR GH FXVWDV H
KRQRUiULRVQRVWHUPRVGRDUWHVHJXLQWHVGR&yGLJRGH3URFHVVR
&LYLOSRUWHUGDGRFDXVDjSUHVHQWHGHPDQGD
9,,±3URYDV
3URWHVWDSRUSURYDURDOHJDGRDWUDYpVGHWRGRVRVPHLRVGHSURYD
HPGLUHLWRDGPLWLGRVHPHVSHFLDOSHODSURGXomRGHSURYDGRFXPHQWDO
WHVWHPXQKDO SHULFLDO H LQVSHomR MXGLFLDO DOpP GD MXQWDGD GH QRYRV
GRFXPHQWRVHGHPDLVPHLRVTXHVHIL]HUHPQHFHVViULRV
9,,,±9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5SDUDRVHIHLWRVILVFDLV
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

8.11.6. Revisão e exoneração de alimentos

([PRD6UD'UD-XL]DGH'LUHLWRGD

 SRU VHXV DGYRJDGRV H SURFXUDGRUHV GRFXPHQWR  YHP
UHVSHLWRVDPHQWHjSUHVHQoDGH9RVVD([FHOrQFLDDIRUDUHPIDFHGH
HDSUHVHQWH


 $omRUHYLVLRQDOGHDOLPHQWRV
R TXH ID] FRP IXQGDPHQWR QRV DUWV  H  GD /HL Q  GH
QRDUWSDUiJUDIR~QLFRGR&yGLJRGH3URFHVVR&LYLO
HQDVUD]}HVGHIDWRHGHGLUHLWRDVHJXLUDGX]LGRV
,±)DWRVHGLUHLWR
2 DXWRU p GLYRUFLDGR GD SULPHLUD UHTXHULGD QRV WHUPRV GD 
GRFXPHQWR
(P UD]mR GR GLYyUFLR REULJRXVH D SDJDU j H[PXOKHU R YDORU
FRUUHVSRQGHQWHD
3DUDRVILOKRVPHQRUHVFRPSURPHWHXVHDSDJDURYDORUGH
)LFRXDLQGDVREDLQFXPErQFLDGRUHTXHUHQWHWRGDVDVGHVSHVDV
FRP HGXFDomR FXUVRV SODQR GH VD~GH VHUYLoRV RGRQWROyJLFRV H
YHVWXiULR
(QWUHPHQWHV DVVXPLX R UHTXHUHQWH WRGDV DV UHIHULGDV REULJDo}HV
SRVWRTXHQDpSRFDUHFHELDSURYHQWRVQDRUGHPGHSRUPrV
2FRUUH TXH D VXD VLWXDomR HFRQ{PLFRILQDQFHLUD VH GHWHULRURX HP
UD]mR GD JUDYH FULVH SRU TXH RUD SDVVD R SDtV LPSRVVLELOLWDQGR R
UHTXHUHQWH GH DGLPSOLU D REULJDomR DOLPHQWDU RULJLQDULDPHQWH
DVVXPLGD
,PSRUWDQWH IULVDU TXH R UHTXHUHQWH IRL GHPLWLGR QR ~OWLPR GLD 
GHL[DQGR GH SHUFHEHU RV VDOiULRV H DWp R SUHVHQWH PRPHQWR QmR
HQFRQWURXRFXSDomRGRFXPHQWR
6HWXGRRTXDQWRVHUHODWRXQmREDVWDVVHRUHTXHUHQWHDLQGDHVWi
GHYHQGR DR %DQFR  GRFXPHQWR  R TXH UHWUDWD VXD GHWHULRUDGD
VLWXDomRILQDQFHLUD
(P UD]mR GR GLYyUFLR RXWURVVLP YLXVH REULJDGR D DOXJDU LPyYHO
SDUD VHUYLUOKH GH UHVLGrQFLD SDJDQGR  j WtWXOR GH DOXJXHO DOpP
GDVGHVSHVDVFRPVXDSUySULDVREUHYLYrQFLD
(P VXPD D VLWXDomR ILQDQFHLUD GR UHTXHUHQWH p GHVFRQIRUWiYHO
HIHWLYDPHQWH QmR WHP PDLV D SRVVLELOLGDGH GH FRQWLQXDU D SDJDU RV
YDORUHV SDFWXDGRV SRVWR TXH QmR VXEVLVWH R HTXLOtEULR GHFRUUHQWH GR
ELQ{PLR SRVVLELOLGDGH H QHFHVVLGDGH TXH H[LVWLD QR PRPHQWR GD
IL[DomRGDREULJDomR


 $SULPHLUDUHTXHULGDRXWURVVLPpFRPHUFLDQWHVHQGRVyFLDGD
FRP VHGH QD  FRQIRUPH SURYDP RV GRFXPHQWRV DQH[RV
GRFXPHQWR  H GLVS}H GH UHFXUVRV VXILFLHQWHV j VXD SUySULD
PDQWHQoDVHPGHSHQGHUGDSHQVmRGRH[PDULGRTXHFRPRVHVDEH
pGHIHULGDHPFDUiWHUH[FHSFLRQDO
1RV WHUPRV GR DUW  † ž GR &yGLJR &LYLO ³2V DOLPHQWRV
GHYHP VHU IL[DGRV QD SURSRUomR GDV QHFHVVLGDGHV GR UHFODPDQWH H
GRVUHFXUVRVGDSHVVRDREULJDGD´
2DUWGR&yGLJR&LYLOSRUVXDYH]HVWLSXOD³6H IL[DGRV RV
DOLPHQWRV VREUHYLHU PXGDQoD QD VLWXDomR ILQDQFHLUD GH TXHP RV
VXSUH RX QD GH TXHP RV UHFHEH SRGHUi R LQWHUHVVDGR UHFODPDU DR
MXL]FRQIRUPHDVFLUFXQVWkQFLDVH[RQHUDomRUHGXomRRXPDMRUDomR
GRHQFDUJR´
%DVtOLRGH2OLYHLUD$OLPHQWRV5HYLVmRH([RQHUDomR$LGH(GLWRUD
SGHGX]

³,GrQWLFR UDFLRFtQLR PXWDWLV PXWDQGL VH DSOLFD QD KLSyWHVH GH UHYLVmR
SDUDUHDMXVWHGDSHQVmRTXHUQDVPRGLILFDo}HVGHFOiXVXODVGHDFRUGR
GH VHSDUDomR RX HP DFRUGR GH VHSDUDomR RX HP DOLPHQWRV DMXVWDGRV
QD DomR HVSHFLDO FRPR WDPEpP SDUD RV SURFHVVRV H[RQHUDWyULRV 1DV
WUrV KLSyWHVHV IHLWD D SURYD VXPiULD VXILFLHQWH SDUD XP MXt]R GH
SUREDELOLGDGH R SURYLPHQWR OLPLQDU GHYH VHU FRQFHGLGR 1HVVH SDVVR
DQWHjHYLGrQFLDGDGLPLQXLomRVXEVWDQFLDORXGDSHUGDDEUXSWDGRSRGHU
DTXLVLWLYR GR SURYHGRU R IDWR DXWRUL]D D UHGXomR OLPLQDU GD REULJDomR
DOLPHQWDUIUHQWHDRVGDGRVQRYRVDGYHQWtFLRV´

1R YHUWHQWH FDVR R UHTXHUHQWH QmR FRQWD PDLV FRP SRVVLELOLGDGH

GHDUFDUFRPRVDOLPHQWRV6XDVLWXDomRPXGRXSDUDSLRUHPXLWR
'H PDLV D PDLV R SHQVLRQDPHQWR GD H[PXOKHU TXH VH GHIHUH
H[FHSFLRQDOPHQWHFRQVLGHUDQGRTXHDJRUDSRVVXLFRQGLo}HVSUySULDV
GHVXEVLVWrQFLDQmRSRGHVHUPDQWLGD
,VWRSRVWRQmRUHVWDQGRDOWHUQDWLYDDRUHTXHUHQWHVHJXHR
,,±3HGLGR
(PUD]mRGRH[SRVWRUHTXHUQRVWHUPRVGRVDUWVHGD/HLQ
 GH  VHMD D SUHVHQWH DomR MXOJDGD WRWDOPHQWH


SURFHGHQWHGHWDOVRUWHTXHUHTXHU
D D WtWXOR GH WXWHOD SURYLVyULD GH XUJrQFLD &3& DUWV   H
 D UHGXomR GD SHQVmR DOLPHQWtFLD SDUD  SDUD FDGD ILOKR
H[RQHUDQGRVH R DXWRU GD SHQVmR UHIHUHQWH j H[PXOKHU TXH GR
PDULGRQmRPDLVQHFHVVLWD
EVHMDPFLWDGRVRVUHTXHULGRVSHORFRUUHLRRVPHQRUHVQDSHVVRD
GHVXDJHQLWRUDWDPEpPUHTXHULGDSDUDFRPSDUHFHUQDDXGLrQFLDGR
DUWGR&yGLJRGH3URFHVVR&LYLO
FDRILQDOQmRKDYHQGR DFRUGRHFRPDFRQWHVWDomRDSUHVHQWDGD
SHORV UHTXHULGRV TXHUHQGR QR SUD]R GR DUW  GR &yGLJR GH
3URFHVVR &LYLO VRE SHQD GH UHYHOLD VHMDP IL[DGRV RV DOLPHQWRV
GHILQLWLYRVUHYLVDGRVSDUDFDGDXPGRVILOKRVGRUHTXHUHQWHQRYDORU
GH5PHQVDLVFRPDWXDOL]DomRSHOR
GDLQWLPDomRGR0LQLVWpULR3~EOLFRDUWGR&3&SDUDTXHVH
PDQLIHVWHQRSUHVHQWHIHLWRHPUD]mRGRLQWHUHVVHGHLQFDSD]
H D FRQGHQDomR GD UHTXHULGD QDV FXVWDV H KRQRUiULRV TXH 9RVVD
([FHOrQFLD IL[DU QRV WHUPRV GR DUW  H VHJXLQWHV GR &yGLJR GH
3URFHVVR&LYLO
,,,±3URYDV
3URWHVWDSRUSURYDURDOHJDGRDWUDYpVGHWRGRVRVPHLRVGHSURYD
HPGLUHLWRDGPLWLGRVHPHVSHFLDOSHODSURGXomRGHSURYDGRFXPHQWDO
WHVWHPXQKDO SHULFLDO H LQVSHomR MXGLFLDO DOpP GD MXQWDGD GH QRYRV
GRFXPHQWRVHGHPDLVPHLRVTXHVHIL]HUHPQHFHVViULRV
,9±9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5SDUDRVHIHLWRVILVFDLV
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

8.12.AÇÃO MONITÓRIA


 ([PRD6UD'UD-XL]DGH'LUHLWRGD
 SRU VHXV DGYRJDGRV H SURFXUDGRUHV GRFXPHQWR  YHP
UHVSHLWRVDPHQWHjSUHVHQoDGH9RVVD([FHOrQFLDDIRUDUHPIDFHGH
DSUHVHQWH
$omRPRQLWyULD
R TXH ID] FRP VXSHGkQHR QR DUWLJR  GR &3& H[SRQGR H
UHTXHUHQGRRTXDQWRVHJXH
,±)DWRV
2UpXpSURSULHWiULRGRLPyYHORQGHUHVLGHRVWHQWDQGRSRUWDQWRD
FRQGLomRGHFRQG{PLQR
7RGDYLDQmRYHPFXPSULQGRVXDREULJDomRGHSDJDUDVGHVSHVDV
FRQGRPLQLDLV GH VHX LPyYHO GRFXPHQWR  ± FySLD GD PDWUtFXOD
HVWDQGRHPGpELWRFRPRSDJDPHQWRGRVPHVHVGH
2 UpX WDPEpP QmR FXPSULX VXD REULJDomR GH SDJDU D FRWD H[WUD
DSURYDGD QD DVVHPEOHLD GH  GHVWH DQR SRU XQDQLPLGDGH SDUD
LQVWDODomRGHSRUWHLURHOHWU{QLFRLQFOXVLYHMiLQVWDODGRQDVXDXQLGDGH
GRFXPHQWR  ± DWD GD $VVHPEOHLD EHP FRPR FySLD GD FRQYRFDomR
HVSHFtILFD
$FRWDH[WUDUHIHUHQWHDRSRUWHLURHOHWU{QLFRLPSRUWDHP5
$ &RQYHQomR GH &RQGRPtQLR GRFXPHQWR  HVWDEHOHFH R
YHQFLPHQWRGRVUDWHLRVGHGHVSHVDVFRQGRPLQLDLVQRSULPHLURGLD~WLO
GH FDGD PrV PXOWD GH  GRLV SRU FHQWR SDUD SDJDPHQWR DSyV R
YHQFLPHQWRSUHYHQGRDLQGDMXURVGHPRUDGHXPSRUFHQWRDR
PrVHDXWRUL]DDFREUDQoDGHFRUUHomRPRQHWiULDGHVGHRYHQFLPHQWR
GDREULJDomRDOpPGHKRQRUiULRVDGYRFDWtFLRVGH&yGLJR&LYLO
DUW
$WpDSUHVHQWHGDWDDVVLPHVWiGHPRQVWUDGRRGpELWRGR5pX
3ODQLOKD
2FRUUH TXH QR ~OWLPR GLD  DSyV WHU UHFHELGR FDUWD GH FREUDQoD
HQYLDGDSHODDGPLQLVWUDGRUDGRFRQGRPtQLRGHOHJDGDSHORVtQGLFRR
UpXWUDQVPLWLXHPDLOFRPVROLFLWDomRGHSURUURJDomRSDUDTXLWDomRGR
GpELWRTXHSRUWDQWRUHFRQKHFHXGRFXPHQWR
$QH[DjSUHVHQWHDomRRDXWRURIHUHFHFySLDGDDWDGD$VVHPEOHLD


*HUDO2UGLQiULDTXHDSURYRXDSUHYLVmRRUoDPHQWiULDGRFXPHQWR
2IHUHFH DLQGD D SURYD GH FRPXQLFDomR WHPSHVWLYD GR YDORU GDV
GHVSHVDVWDQWRDVRUGLQiULDVFRPRDVH[WUDRUGLQiULDVGRFXPHQWR
,,±'LUHLWR
$EVROXWDPHQWH SRVVtYHO D FREUDQoD GH GpELWRV FRQGRPLQLDLV SHOD
DomR PRQLWyULD DFRUGH FRP MXULVSUXGrQFLD GR 6XSHULRU 7ULEXQDO GH
-XVWLoDQRVFDVRVHPTXHRFUHGRUGLVS}HGHWtWXORH[HFXWLYR5(VS
5- ± 5HO 0LQ 1LOVRQ 1DYHV 5(VS 0* ± 5HO
0LQLVWUR $UL 3DUJHQGOHU 5(VS  ± 5HO 0LQ 0DVDPL 8\HGD ±
'-H5(VS±5HO0LQ9DVFR'HOD*LXVWLQD±'-

,,,±5HTXHULPHQWR
,VWRSRVWRUHTXHURDXWRU
, 'HIHULPHQWR GH SODQR GD H[SHGLomR GR PDQGDGR GH SDJDPHQWR
FLWDQGR R UpX SDUD SDJDU R YDORU GH 5  DFUHVFLGR GH MXURV
FXVWDV KRQRUiULRV GH  H GHPDLV GHVSHVDV IDFXOWDQGRVH DR UpX
QRSUD]RGHGLDV
D HQWUHJDU D TXDQWLD VXSUD FDVR HP TXH ILFDUi LVHQWR GR
SDJDPHQWRGDVFXVWDVDUW†žGR&3&RX
ERIHUHFHUHPEDUJRVQRVSUySULRVDXWRVDUWGR&3&ILFDQGR
HVFODUHFLGRTXHVHRUpXVHRPLWLURXRVHPEDUJRVIRUHPUHMHLWDGRVR
PDQGDGR GH SDJDPHQWR GHYHUi VHU FRQYHUWLGR HP PDQGDGR GH
H[HFXomR&3&DUW†žFRPRVDFUpVFLPRVOHJDLVVHJXLQGRR
SURFHGLPHQWRGRDUWHVHJXLQWHVGR&yGLJRGH3URFHVVR&LYLO
5HTXHUVH ILQDOPHQWH D SURGXomR GDV SURYDV D VHJXLU
PHQFLRQDGDV
,9±3URYDV
5HTXHUVH D SURGXomR GH SURYD GRFXPHQWDO WHVWHPXQKDO SHULFLDO
LQVSHomRMXGLFLDOHGHWRGRVRVPHLRVSUREDQWHVHPGLUHLWRDGPLWLGRV
HVSHFLDOPHQWHRGHSRLPHQWRSHVVRDOGR5pXVRESHQDGHFRQILVVmR
VHQmRFRPSDUHFHURXFRPSDUHFHQGRVHQHJDUDGHSRU
9±9DORUGDFDXVD


 'iVHjSUHVHQWHRYDORUGH5
7HUPRV HP TXH FXPSULGDV DV QHFHVViULDV IRUPDOLGDGHV OHJDLV
GHYH D SUHVHQWH VHU UHFHELGD DR ILQDO MXOJDGD SURFHGHQWH FRPR
PHGLGDGHLQWHLUD-XVWLoD
'DWD
$GYRJDGR2$%


BBBBBBBBB

³$UW1DIRUPDGRDUWGD/HLQžGHHFRPRREMHWLYRGHRULHQWDUR
6LVWHPD 1DFLRQDO GH 'HIHVD GR &RQVXPLGRU D 6HFUHWDULD GH 'LUHLWR (FRQ{PLFR
GLYXOJDUi DQXDOPHQWH HOHQFR FRPSOHPHQWDU GH FOiXVXODV FRQWUDWXDLV FRQVLGHUDGDV
DEXVLYDVQRWDGDPHQWHSDUDRILPGHDSOLFDomRGRGLVSRVWRQRLQFLVR,9GRDUWGHVWH
'HFUHWR
†ž1DHODERUDomRGRHOHQFRUHIHULGRQRFDSXWHSRVWHULRUHVLQFOXV}HVDFRQVLGHUDomR
VREUHDDEXVLYLGDGHGHFOiXVXODVFRQWUDWXDLVVHGDUiGHIRUPDJHQpULFDHDEVWUDWD
† ž 2 HOHQFR GH FOiXVXODV FRQVLGHUDGDV DEXVLYDV WHP QDWXUH]D PHUDPHQWH
H[HPSOLILFDWLYDQmRLPSHGLQGRTXHRXWUDVWDPEpPSRVVDPYLUDVHUDVVLPFRQVLGHUDGDV
SHORV yUJmRV GD $GPLQLVWUDomR 3~EOLFD LQFXPELGRV GD GHIHVD GRV LQWHUHVVHV H GLUHLWRV
SURWHJLGRVSHOR&yGLJRGH'HIHVDGR&RQVXPLGRUHOHJLVODomRFRUUHODWD
†ž$DSUHFLDomRVREUHDDEXVLYLGDGHGHFOiXVXODVFRQWUDWXDLVSDUDILQVGHVXDLQFOXVmR
QRHOHQFRDTXHVHUHIHUHRFDSXWGHVWHDUWLJRVHGDUiGHRItFLRRXSRUSURYRFDomRGRV
OHJLWLPDGRVUHIHULGRVQRDUWGD/HLQžGH´

³$UW  6HUi DSOLFDGD PXOWD DR IRUQHFHGRU GH SURGXWRV RX VHUYLoRV TXH GLUHWD RX
LQGLUHWDPHQWHLQVHULUIL]HUFLUFXODURXXWLOL]DUVHGHFOiXVXODDEXVLYDTXDOTXHUTXHVHMDD
PRGDOLGDGHGRFRQWUDWRGHFRQVXPRLQFOXVLYHQDVRSHUDo}HVVHFXULWiULDVEDQFiULDVGH
FUpGLWR GLUHWR DR FRQVXPLGRU GHSyVLWR SRXSDQoD P~WXR RX ILQDQFLDPHQWR H
HVSHFLDOPHQWHTXDQGR

,9 ± HVWDEHOHFHU REULJDo}HV FRQVLGHUDGDV LQtTXDV RX DEXVLYDV TXH FRORTXHP R
FRQVXPLGRUHPGHVYDQWDJHPH[DJHUDGDLQFRPSDWtYHLVFRPDERDIpRXDHTXLGDGH´

&OyYLV %HYLODFTXD && GRV (( 88 GR %UD]LO 5LR GH -DQHLUR )F $OYHV 
,,,

&DUORV5REHUWR*RQoDOYHV'LUHLWRGDV&RLVDV6mR3DXOR6DUDLYDS

0DUFHOR 7HUUD $OLHQDomR ILGXFLiULD GH LPyYHO HP JDUDQWLD /HL Qž 
SULPHLUDVOLQKDV3RUWR$OHJUH6HUJLR$QWRQLR)DEULV(GLWRUS

&OyYLV%HYLODFTXD&&GRV((88GR%UD]LO5LRGH-DQHLUR)UDQFLVFR$OYHV
,,,

&DUORV5REHUWR*RQoDOYHV'LUHLWRGDV&RLVDV6mR3DXOR6DUDLYDS

0DUFHOR7HUUDREFLWS

&OyYLV%HYLODFTXD&&GRV((88GR%UD]LO5LRGH-DQHLUR)F$OYHV,,,

$QWRQLR &OiXGLR GD &RVWD 0DFKDGR &yGLJR GH 3URFHVVR &LYLO ,QWHUSUHWDGR 6mR
3DXOR6DUDLYDS

6LOYLR5RGULJXHV$omRSDXOLDQDRXUHYRFDWyULD(QFLFORSpGLD6DUDLYDGR'LUHLWR 6mR
3DXOR6DUDLYDYROS


 9.1 ALIENAÇÃO JUDICIAL – EXTINÇÃO DE CONDOMÍNIO – AÇÃO DE
VENDA DA COISA COMUM

([PR6U'U-XL]GH'LUHLWRGD
 YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD SRU VHXV
DGYRJDGRVGRFXPHQWRSHORSURFHGLPHQWRGH-XULVGLomR9ROXQWiULD
GRVDUWLJRVHVHJXLQWHVGR&yGLJRGH3URFHVVR&LYLOUHTXHUHUHP
IDFHGHDSUHVHQWH
$omRGHH[WLQomRGHFRQGRPtQLR
RTXHID]FRPIXQGDPHQWRQRVDUWLJRV,9SDUiJUDIR~QLFR
 H  GR &yGLJR GH 3URFHVVR &LYLO DUW  GR &yGLJR &LYLO H
SHORVDUJXPHQWRVGHIDWRHGHGLUHLWRDVHJXLUDGX]LGRV
2VUHTXHUHQWHVVmRWLWXODUHVGHGRPtQLRGHGHXPDSDUWDPHQWR
ORFDOL]DGR QD FLGDGH GH 6mR 3DXOR TXH DVVLP VH GHVFUHYH H VH
FDUDFWHUL]DGRFXPHQWR±FySLDDWXDOL]DGDGDPDWUtFXOD
(VVHLPyYHOIRLDGTXLULGRHPFRQGRPtQLRFRPRUHTXHULGRFRQIRUPH
HVFULWXUDS~EOLFDODYUDGDQR7DEHOLmRGH1RWDVGD&DSLWDOOLYUR
IOVGHYLGDPHQWHUHJLVWUDGDVRERQžQDPDWUtFXODQMXQWRDR
RILFLDOGH5HJLVWURGH,PyYHLVGD&DSLWDO±63
2FRQG{PLQRUHTXHULGRSRVVXLDSDUWHLGHDOGHQRDSDUWDPHQWR
MiUHIHULGR
2FRUUH TXH QmR p SRVVtYHO ID]HU FHVVDU FRPXQKmR SHOD GLYLVmR H
SDUWLOKD GR DSDUWDPHQWR HQWUH RV FRQG{PLQRV QD SURSRUomR GH VHXV
GLUHLWRVHPYLUWXGHGDLQGLYLVLELOLGDGHGRLPyYHO
7DPSRXFR p YLiYHO DFRUGR DPLJiYHO FRP D DGMXGLFDomR GR EHP D
XPGRVFRQG{PLQRVPHGLDQWHUHSRVLomRGRSUHoR
,VWR SRVWR RV UHTXHUHQWHV QmR GHVHMDQGR SHUPDQHFHU HP


FRPXQKmRFRPRUHTXHULGRHFRSURSULHWiULRYrPUHTXHUHUDYHQGDGD
UHIHULGD SURSULHGDGH SRU LQWHUPpGLR GD SUHVHQWH DomR GH H[WLQomR GH
FRQGRPtQLR
3HGLGR
(P FRQVRQkQFLD FRP R DFDWDGR UHTXHUVH D SURFHGrQFLD GD DomR
FRP D YHQGD MXGLFLDO GR EHP QRV WHUPRV GRV DUWV  D  GR
&yGLJRGH3URFHVVR&LYLO
&LWDomR
5HTXHUVH TXH D FLWDomR GR UHTXHULGR VHMD HIHWXDGD SHOR FRUUHLR
QRV WHUPRV GRV DUWV  ,  H  GR &yGLJR GH 3URFHVVR &LYLO
SDUDUHVSRQGHUQRSUD]RGHTXLQ]HGLDVDUWGR&yGLJRGH
3URFHVVR &LYLO SDUD HYHQWXDO PDQLIHVWDomR VREUH R SHGLGR RUD
IRUPXODGR
2X
1RVWHUPRVGRDUW,,GR&yGLJRGH3URFHVVR&LYLOMXVWLILFDUR
PRWLYR SRVWR TXH D FLWDomR SRU 2ILFLDO GH -XVWLoD p VXEVLGLiULD
UHTXHUVH D FLWDomR GR UHTXHULGR SRU LQWHUPpGLR GR 6U 2ILFLDO GH
-XVWLoD SDUD TXHUHQGR UHVSRQGHU QR SUD]R GH  TXLQ]H SDUD
HYHQWXDOPDQLIHVWDomRVREUHRSHGLGRRUDIRUPXODGR
5HTXHUVH DLQGD QRV WHUPRV GR DUW  GR &yGLJR GH 3URFHVVR
&LYLODLQWLPDomRGR0LQLVWpULR3~EOLFR
3URYDV
2VUHTXHUHQWHVSURWHVWDPSRUSURYDURDOHJDGRDWUDYpVGHWRGRVRV
PHLRVGHSURYDHPGLUHLWRDGPLWLGRVHVSHFLDOPHQWHSHODSURGXomRGH
SURYD GRFXPHQWDO WHVWHPXQKDO SHULFLDO H LQVSHomR MXGLFLDO
GHSRLPHQWR SHVVRDO GD UHTXHULGD LQFOXVLYH HP HYHQWXDO DXGLrQFLD D
VHU GHVLJQDGD SRU 9RVVD ([FHOrQFLD FRP IXQGDPHQWR QR DUW 
SDUiJUDIR~QLFRGR&yGLJRGH3URFHVVR&LYLO
9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5
7HUPRVHPTXH
SHGHPGHIHULPHQWR


 'DWD
$GYRJDGR2$%

9.2. NOTIFICAÇÃO JUDICIAL

([PR6U'U-XL]GH'LUHLWRGD
 SRU VHXV DGYRJDGRV H SURFXUDGRUHV GRFXPHQWR  YHP
UHVSHLWRVDPHQWHjSUHVHQoDGH9RVVD([FHOrQFLDSURSRUHPIDFHGH
DSUHVHQWH
1RWLILFDomR
2 TXH ID] FRP VXSHGkQHR QRV DUWLJRV  H VHJXLQWHV GR &yGLJR
GH3URFHVVR&LYLOHGHPDLVGLVSRVLo}HVOHJDLVDSOLFiYHLVH[SRQGRH
UHTXHUHQGRRTXDQWRVHJXH
3RU PHLR GH &RQWUDWR 3DUWLFXODU GH &RPSURPLVVR GH 9HQGD H
&RPSUDILUPDGRQRGLDDUHTXHUHQWHQDTXDOLGDGHGHSURPLWHQWH
YHQGHGRUDVHFRPSURPHWHXDYHQGHUDRUHTXHULGRHHVWHDFRPSUDU
RVHJXLQWHLPyYHOGRFXPHQWR
1D RFDVLmR IRL DMXVWDGR R SUHoR GH 5  SDUD SDJDPHQWR GD
IRUPDDVHJXLUHVSHFLILFDGD
7RGDYLD R UHTXHULGR HQFRQWUDVH HP PRUD QR SDJDPHQWR GDV
SDUFHODV YHQFLGDV D SDUWLU GH  WRWDOL]DQGR  FRQIRUPH SODQLOKD
DQH[D
%XVFDQGR H[HUFHU VHX GLUHLWR GH UHVROYHU R FRQWUDWR D UHTXHUHQWH
WHQWRXVHPr[LWRQRWLILFDUH[WUDMXGLFLDOPHQWHRUHTXHULGR
2FRUUHTXHRPHVPRQmRIRLHQFRQWUDGRSHOR2ILFLDOGR&DUWyULRGH
7tWXORVH'RFXPHQWRVGRFXPHQWRDQH[R
1HVWDV FRQGLo}HV D UHTXHUHQWH YLXVH FRPSHOLGD D SRVWXODU SRU
HVVH(-Xt]RRTXDOVHJXQGRD/HLpRFRPSHWHQWHSDUDFRQKHFHUR
IHLWR
3DUD LPyYHLV SURQWRV H ORWHV SURPHWLGRV SRU TXHP QmR p R
ORWHDGRU ,VWR SRVWR p D SUHVHQWH SDUD UHTXHUHU D 9RVVD ([FHOrQFLD
TXH VH GLJQH GH GHWHUPLQDU R FXPSULPHQWR GD SUHVHQWH QRWLILFDomR


FRPDFLWDomRGRUHTXHULGRSRULQWHUPpGLRGH2ILFLDOGH-XVWLoD&3&
DUW,,SDUDTXHQRSUD]RGHTXLQ]HGLDVTXHOKHpIDFXOWDGR
SHOR DUW ƒ GR 'HFUHWR/HL Q  SDJXH VHX GpELWR YHQFLGR H R
TXH VH YHQFHU DWp R HIHWLYR SDJDPHQWR QR HVFULWyULR GD UHTXHUHQWH
ORFDOL]DGRQD5XD
3DUD LPyYHLV HP FRQVWUXomR ± GHSRLV GH  PHVHV GH DWUDVR ,VWR
SRVWRpDSUHVHQWHSDUDUHTXHUHUD9RVVD([FHOrQFLDTXHVHGLJQHGH
GHWHUPLQDU R FXPSULPHQWR GD SUHVHQWH QRWLILFDomR FRP D FLWDomR GR
UHTXHULGRSRULQWHUPpGLRGH2ILFLDOGH-XVWLoD&3&DUW,,SDUD
TXHQRSUD]RGHTXLQ]HGLDVTXHOKHpIDFXOWDGRSHORDUWƒGR
'HFUHWR/HL Q  H SHORV LQFLVRV 9 H 9, GR DUW ƒ GD /HL Q
SDJXHVHXGpELWRYHQFLGRHRTXHVHYHQFHUDWpDGDWDGR
HIHWLYRSDJDPHQWRQRHVFULWyULRGD5HTXHUHQWHORFDOL]DGRQD5XD
3DUDORWHVSURPHWLGRVSHORORWHDGRU ,VWR SRVWR p D SUHVHQWH SDUD
UHTXHUHU D 9RVVD ([FHOrQFLD TXH VH GLJQH GH GHWHUPLQDU R
FXPSULPHQWRGDSUHVHQWHQRWLILFDomRFRPDFLWDomRGRUHTXHULGRSRU
LQWHUPpGLRGH2ILFLDOGH-XVWLoD&3&DUW,,SDUDTXHQRSUD]R
GHWULQWDGLDVTXHOKHpIDFXOWDGRSHORDUWGD/HL
SDJXH VHX GpELWR YHQFLGR H R TXH VH YHQFHU DWp D GDWD GR HIHWLYR
SDJDPHQWRQRHVFULWyULRGD5HTXHUHQWHORFDOL]DGRQD5XD
1DKLSyWHVHGRQmRDWHQGLPHQWRjSUHVHQWHQRWLILFDomRQmRUHVWDUi
jUHTXHUHQWHDOWHUQDWLYDVHQmRSURPRYHUMXGLFLDOPHQWHDUHVROXomRGR
&RQWUDWR 3DUWLFXODU GH &RPSURPLVVR GH 9HQGD H &RPSUD QRWLFLDGR
QHVWDSHoDYHVWLEXODURTXHLPSOLFDUiQDUHVSRQVDELOLGDGHSRUSHUGDV
H GDQRV UHLQWHJUDomR GD SRVVH GR LPyYHO H SHUGD GH EHQIHLWRULDV
SRUYHQWXUD LQWURGX]LGDV DOpP GR SDJDPHQWR GH FXVWDV GHVSHVDV
SURFHVVXDLVHKRQRUiULRVDGYRFDWtFLRV
3RUGHUUDGHLURUHTXHU
D6HMDDXWRUL]DGRR6U2ILFLDOGH-XVWLoDDSURFHGHUGHDFRUGRFRP
RVSHUPLVVLYRVGRDUWLJR†žGR&yGLJRGR3URFHVVR&LYLO
E 6HMDP RV SUHVHQWHV DXWRV DSyV RV WUkPLWHV OHJDLV HQWUHJXHV j
5HTXHUHQWH LQGHSHQGHQWH GH WUDVODGRV HP FRQIRUPLGDGH FRP R
SUHYLVWRQRDUWLJRGR&yGLJRGH3URFHVVR&LYLO
'ijFDXVDRYDORUGH5SDUDRVHIHLWRVILVFDLV


 7HUPRVHPTXH
3HGH'HIHULPHQWR
'DWD
$GYRJDGR2$%
'HPRQVWUDWLYRGHGpELWR

7RWDOGRGpELWR5
'RFXPHQWR
3URFXUDomRH&RQWUDWR6RFLDOGD$XWRUD
'RFXPHQWR
&RQWUDWRUHVFLQGHQGR
'RFXPHQWR
1RWLILFDomRFRPSURYDQGRDUHJXODUFRQVWLWXLomRHPPRUD

9.3. DIVÓRCIO CONSENSUAL

([PR6U'U-XL]GH'LUHLWRGD
 H  SRU VHX DGYRJDGR FRPXP GRFXPHQWR  YrP PXL
UHVSHLWRVDPHQWH j SUHVHQoD GH 9RVVD ([FHOrQFLD UHTXHUHU FRP
IXQGDPHQWRQRDUWGR&yGLJRGH3URFHVVR&LYLO
'LYyUFLRFRQVHQVXDO
RTXHID]HPSHORVPRWLYRVGHIDWRHGHGLUHLWRDVHJXLUDGX]LGRV
,±)DWRVH'LUHLWR
2VUHTXHUHQWHVVmRFDVDGRVVRERUHJLPHGHFRPXQKmRSDUFLDOGH
EHQV GHVGH  FRQIRUPH SURYD D LQFOXVD FHUWLGmR GH FDVDPHQWR
GRFXPHQWR
'DXQLmRQDVFHUDPRVILOKRV
TXHFRQWDFRPDQRVQRVWHUPRVGDFHUWLGmRGHQDVFLPHQWR
DQH[DGRFXPHQWR
TXHFRQWDFRPDQRVQRVWHUPRVGDFHUWLGmRGHQDVFLPHQWR
DQH[DGRFXPHQWR


 'XUDQWHDXQLmRLQFOXVLYHRVUHTXHUHQWHVDGTXLULUDPRVVHJXLQWHV
EHQV

2X'HFODUDPRVUHTXHUHQWHVLQH[LVWLUHPEHQVLPyYHLVRXPyYHLVD
VHUHPREMHWRGHSDUWLOKD
(VWLSXODRDUWGR&yGLJR&LYLO

³$UW  $ KRPRORJDomR GR GLYyUFLR RX GD VHSDUDomR FRQVHQVXDLV

REVHUYDGRV RV UHTXLVLWRV OHJDLV SRGHUi VHU UHTXHULGD HP SHWLomR
DVVLQDGDSRUDPERVRVF{QMXJHVGDTXDOFRQVWDUmR
,±DVGLVSRVLo}HVUHODWLYDVjGHVFULomRHjSDUWLOKDGRVEHQVFRPXQV
,,±DVGLVSRVLo}HVUHODWLYDVjSHQVmRDOLPHQWtFLDHQWUHRVF{QMXJHV
,,, ± R DFRUGR UHODWLYR j JXDUGD GRV ILOKRV LQFDSD]HV H DR UHJLPH GH
YLVLWDVH
,9±RYDORUGDFRQWULEXLomRSDUDFULDUHHGXFDURVILOKRV´

1RVWHUPRVGRDUW†žGD&RQVWLWXLomR)HGHUDOFXMDUHGDomR
GHFRUUHQWH GD (PHQGD &RQVWLWXFLRQDO  GLVS}H VREUH D
GLVVROXELOLGDGHGRFDVDPHQWRFLYLOSHORGLYyUFLRVXSULPLQGRRUHTXLVLWR
GH SUpYLD VHSDUDomR MXGLFLDO SRU PDLV GH  XP DQR RX GH
FRPSURYDGDVHSDUDomRGHIDWRSRUPDLVGHGRLVDQRVPDQLIHVWDP
D 9RVVD ([FHOrQFLD D LQWHQomR LQHTXtYRFD GH GLYRUFLDUHPVH
FRQVHQVXDOPHQWHGHQWURGDVVHJXLQWHVFRQGLo}HV
D3DUWLOKDGRVEHQV
3UHWHQGHP RV UHTXHUHQWHV SDUWLOKDU RV UHIHULGRV EHQV FRPXQV GD
VHJXLQWHIRUPD

E*XDUGDGRVILOKRV
&DEHUijUHTXHUHQWHPXOKHUDJXDUGDHUHVSRQVDELOLGDGHVREUHRV
ILOKRV PHQRUHV GR FDVDO TXH FRP HOD Mi VH HQFRQWUDP GHVGH D
VHSDUDomRIiWLFD
&DEHUiDRUHTXHUHQWHYDUmRH[HUFHURGLUHLWRGHYLVLWDVTXLQ]HQDLV
GHYHQGR EXVFDU RV PHQRUHV jV  KRUDV GR ViEDGR H GHYROYrORV jV
KRUDVGRGRPLQJRQDUHVLGrQFLDGDUHTXHUHQWHPXOKHU


 1RV IHULDGRV RV ILOKRV PHQRUHV ILFDUmR DOWHUQDGDPHQWH XP FRP R
UHTXHUHQWHYDUmRHRXWURFRPDUHTXHUHQWHPXOKHU
1RSHUtRGRGHIpULDVRVILOKRVPHQRUHVSHUPDQHFHUmRGLDVFRP
RUHTXHUHQWHYDUmRHGLDVFRPDUHTXHUHQWHPXOKHU
2X QRV WHUPRV GR DUW  † ž GR &yGLJR GH &LYLO
HVWDEHOHFHPDJXDUGDFRPSDUWLOKDGDGHWDOVRUWHTXHRVILOKRVWHUmR
D DVVLVWrQFLD P~WXD GRV UHTXHUHQWHV TXH HP FRQMXQWR OHYDUmR D
HIHLWR RV QHFHVViULRV FXLGDGRV GRV ILOKRV FRPXQV FRPR
FRQVHTXrQFLD GR 3RGHU )DPLOLDU DILUPDQGR D QHFHVVLGDGH GH
FRPSDUWLOKDUDVDWULEXLo}HVGHFRUUHQWHVGDJXDUGD
F$OLPHQWRV
$WtWXORGHSHQVmRDOLPHQWtFLDGHVWLQDGDDRILOKRPHQRURUHTXHUHQWH
YDUmR FRQWULEXLUi PHQVDOPHQWH FRP R FRUUHVSRQGHQWH  PHQVDLV
FRPDWXDOL]DomRSHORDSDUWLUGHVWDGDWDDVHUSDJRWRGRGLD
GHFDGDPrVGLUHWDPHQWHDUHTXHUHQWHPXOKHUPHGLDQWHGHSyVLWRQD
FRQWD  RX RXWUD TXH H[SUHVVDPHQWH H SRU HVFULWR LQGLFDU DUFDQGR
DLQGD FRP DV VHJXLQWHV GHVSHVDV SHOD PHWDGH FDEHQGR D RXWUD
PHWDGHjUHTXHUHQWHPXOKHU
2VUHTXHUHQWHVGLVSHQVDPXPDRRXWURGDSHQVmRDOLPHQWtFLD
G1RPH
$5HTXHUHQWHPXOKHURSWDSRUUHWRUQDUDRXVRGRQRPHGHVROWHLUD
UHTXHUHQGRQHVWDPHGLGDDH[SHGLomRGHPDQGDGRSDUDDYHUEDomR
QRUHJLVWURFLYLO
2X $ UHTXHUHQWH PXOKHU SHUPDQHFHUi XWLOL]DQGR R QRPH GR
PDULGR
,,±3HGLGR
'LDQWHGRH[SRVWRSHGHPRVUHTXHUHQWHVDSURFHGrQFLDGRSHGLGR
FRP D KRPRORJDomR GR GLYyUFLR FRQVHQVXDO GR FDVDO QDV FRQGLo}HV
H[SRVWDVQHVWDH[RUGLDOFRPDH[SHGLomRGHPDQGDGRGHDYHUEDomRH
GHIRUPDOGHSDUWLOKD5HTXHUVHRXWURVVLPDH[SHGLomRGHPDQGDGR
SDUDDYHUEDomRQRUHJLVWURFLYLOGRQRPHGDUHTXHUHQWHPXOKHUTXH
YROWDUiDXWLOL]DURQRPHGHVROWHLUD
1RV WHUPRV GR DUW  ,, GR &yGLJR GH 3URFHVVR &LYLO WHQGR HP


YLVWDRLQWHUHVVHGHLQFDSD]HVUHTXHUHPDRLWLYDGRUHSUHVHQWDQWHGR
0LQLVWpULR3~EOLFR
3URWHVWDP SHOD SURGXomR GH WRGDV DV SURYDV HP GLUHLWR DGPLWLGDV
QRWDGDPHQWHSHORVGRFXPHQWRVTXHLQVWUXHPRSUHVHQWHSHGLGR
7HUPRVHPTXHGDQGRjFDXVDRYDORUGH5
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

9.4. EXTINÇÃO CONSENSUAL DE UNIÃO ESTÃVEL

([PR6U'U-XL]GH'LUHLWRGD
 H  SRU VHX DGYRJDGR FRPXP GRFXPHQWR  YrP PXL
UHVSHLWRVDPHQWH j SUHVHQoD GH 9RVVD ([FHOrQFLD UHTXHUHU FRP
IXQGDPHQWRQRVDUWVHGR&yGLJRGH3URFHVVR&LYLO
([WLQomRFRQVHQVXDOGHXQLmRHVWiYHO
RTXHID]HPSHORVPRWLYRVGHIDWRHGHGLUHLWRDVHJXLUDGX]LGRV
,±)DWRVH'LUHLWR
2V UHTXHUHQWHV YLYHUDP HP XQLmR HVWiYHO GHVGH  FRQIRUPH
SURYD R LQFOXVR FRQWUDWR GH FRQYLYrQFLD HRX QRV WHUPRV GRV
GRFXPHQWRVHIRWRVDQH[DVGRFXPHQWR
GHVFUHYHURVUHTXLVLWRVGDH[LVWrQFLDGHXQLmRHVWiYHO
(QWUHWDQWRGHL[DUDPGHFRQYLYHUGHVGH
3RVWDDVVLPDTXHVWmRFRQILJXURXVHGXUDQWHRSUD]RPHQFLRQDGR
FODUDPHQWHR³DIIHFWLRPDULWDOLV´FRPDFRQYLYrQFLDS~EOLFDFRQWtQXD
GXUDGRXUD H HVWDEHOHFLGD FRP R REMHWLYR GH FRQVWLWXLomR GH IDPtOLD
QRVWHUPRVGRDUWGR&yGLJR&LYLO
'DXQLmRQDVFHUDPRVILOKRV
TXHFRQWDFRPDQRVQRVWHUPRVGDFHUWLGmRGHQDVFLPHQWR
DQH[DGRFXPHQWR
TXHFRQWDFRPDQRVQRVWHUPRVGDFHUWLGmRGHQDVFLPHQWR


DQH[DGRFXPHQWR
'XUDQWHDXQLmRLQFOXVLYHRVUHTXHUHQWHVDGTXLULUDPRVVHJXLQWHV
EHQV

2XGHFODUDPRVUHTXHUHQWHVLQH[LVWLUHPEHQVLPyYHLVRXPyYHLVD
VHUHPREMHWRGHSDUWLOKD
1RVWHUPRVGRVDUWVHGR&yGLJRGH3URFHVVR&LYLO

³$UW  $ KRPRORJDomR GR GLYyUFLR RX GD VHSDUDomR FRQVHQVXDLV

REVHUYDGRV RV UHTXLVLWRV OHJDLV SRGHUi VHU UHTXHULGD HP SHWLomR
DVVLQDGDSRUDPERVRVF{QMXJHVGDTXDOFRQVWDUmR
,±DVGLVSRVLo}HVUHODWLYDVjGHVFULomRHjSDUWLOKDGRVEHQVFRPXQV
,,±DVGLVSRVLo}HVUHODWLYDVjSHQVmRDOLPHQWtFLDHQWUHRVF{QMXJHV
,,, ± R DFRUGR UHODWLYR j JXDUGD GRV ILOKRV LQFDSD]HV H DR UHJLPH GH
YLVLWDVH
,9±RYDORUGDFRQWULEXLomRSDUDFULDUHHGXFDURVILOKRV

$UW  $V GLVSRVLo}HV UHODWLYDV DR SURFHVVR GH KRPRORJDomR MXGLFLDO
GHGLYyUFLRRXGHVHSDUDomRFRQVHQVXDLVDSOLFDPVHQRTXHFRXEHUDR
SURFHVVRGHKRPRORJDomRGDH[WLQomRFRQVHQVXDOGHXQLmRHVWiYHO´

3RVWDDVVLPDTXHVWmRVHJXHPDVGLVSRVLo}HVVREUHDH[WLQomRGD
XQLmRHVWiYHOHQWUHRVUHTXHUHQWHV
D3DUWLOKDGRVEHQV
3UHWHQGHP RV UHTXHUHQWHV SDUWLOKDU RV UHIHULGRV EHQV FRPXQV GD
VHJXLQWHIRUPD

E*XDUGDGRVILOKRV
&DEHUijUHTXHUHQWHPXOKHUDJXDUGDHUHVSRQVDELOLGDGHVREUHRV
ILOKRV PHQRUHV GR FDVDO TXH FRP HOD Mi VH HQFRQWUDP GHVGH D
VHSDUDomRIiWLFD
&DEHUiDRUHTXHUHQWHYDUmRH[HUFHURGLUHLWRGHYLVLWDVTXLQ]HQDLV
GHYHQGREXVFDURVPHQRUHVjVKGRViEDGRHGHYROYrORVjVKGR
GRPLQJRQDUHVLGrQFLDGDUHTXHUHQWHPXOKHU


 1RV IHULDGRV RV ILOKRV PHQRUHV ILFDUmR DOWHUQDGDPHQWH XP FRP R
UHTXHUHQWHYDUmRHRXWURFRPDUHTXHUHQWHPXOKHU
1RSHUtRGRGHIpULDVRVILOKRVPHQRUHVSHUPDQHFHUmRGLDVFRP
RUHTXHUHQWHYDUmRHGLDVFRPDUHTXHUHQWHPXOKHU
2XQRVWHUPRVGRDUW†žGR&yGLJRGH&LYLOHVWDEHOHFHP
DJXDUGDFRPSDUWLOKDGDGHWDOVRUWHTXHRVILOKRVWHUmRDDVVLVWrQFLD
P~WXD GRV UHTXHUHQWHV TXH HP FRQMXQWR OHYDUmR D HIHLWR RV
QHFHVViULRV FXLGDGRV GRV ILOKRV FRPXQV FRPR FRQVHTXrQFLD GR
3RGHU )DPLOLDU DILUPDQGR D QHFHVVLGDGH GH FRPSDUWLOKDU DV
DWULEXLo}HVGHFRUUHQWHVGDJXDUGD
F$OLPHQWRV
$WtWXORGHSHQVmRDOLPHQWtFLDGHVWLQDGDDRILOKRPHQRURUHTXHUHQWH
YDUmRFRQWULEXLUiPHQVDOPHQWHFRPRFRUUHVSRQGHQWHDPHQVDLV
FRPDWXDOL]DomRSHORDSDUWLUGHVWDGDWDDVHUSDJRWRGRGLD
GHFDGDPrVGLUHWDPHQWHDUHTXHUHQWHPXOKHUPHGLDQWHGHSyVLWRQD
FRQWD  RX RXWUD TXH H[SUHVVDPHQWH H SRU HVFULWR LQGLFDU DUFDQGR
DLQGD FRP DV VHJXLQWHV GHVSHVDV SHOD PHWDGH FDEHQGR D RXWUD
PHWDGHjUHTXHUHQWHPXOKHU
2VUHTXHUHQWHVGLVSHQVDPXPDRRXWURGDSHQVmRDOLPHQWtFLD
,,±3HGLGR
'LDQWHGRH[SRVWRSHGHPRVUHTXHUHQWHVDSURFHGrQFLDGRSHGLGR
FRP D KRPRORJDomR GD GLVVROXomR GD XQLmR HVWiYHO QDV FRQGLo}HV
H[SRVWDVQHVWDH[RUGLDO
1RV WHUPRV GR DUW  ,, GR &yGLJR GH 3URFHVVR &LYLO WHQGR HP
YLVWDRLQWHUHVVHGHLQFDSD]HVUHTXHUHPDRLWLYDGRUHSUHVHQWDQWHGR
0LQLVWpULR3~EOLFR
3URWHVWDP SHOD SURGXomR GH WRGDV DV SURYDV HP GLUHLWR DGPLWLGDV
QRWDGDPHQWHSHORVGRFXPHQWRVTXHLQVWUXHPRSUHVHQWHSHGLGR
7HUPRVHPTXHGDQGRjFDXVDRYDORUGH5
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%


 9.5. PEDIDO DE ALTERAÇÃO DO REGIME MATRIMONIAL

([PR6U'U-XL]GH'LUHLWRGD
 H  SRU VHX DGYRJDGR FRPXP GRFXPHQWR  YrP PXL
UHVSHLWRVDPHQWH j SUHVHQoD GH 9RVVD ([FHOrQFLD UHTXHUHU FRP
IXQGDPHQWRQRDUWGR&yGLJRGH3URFHVVR&LYLO
$OWHUDomRFRQVHQVXDOGRUHJLPHGHEHQVQRFDVDPHQWR
RTXHID]HPSHORVPRWLYRVGHIDWRHGHGLUHLWRDVHJXLUDGX]LGRV
,±)DWRV
2VUHTXHUHQWHVVmRFDVDGRVVRERUHJLPHGHFRPXQKmRSDUFLDOGH
EHQV GHVGH  FRQIRUPH SURYD D LQFOXVD FHUWLGmR GH FDVDPHQWR
GRFXPHQWR
(QWUHWDQWR SUHWHQGHP DOWHUDU R UHJLPH SDUD D VHSDUDomR WRWDO GH
EHQV
$ DOWHUDomR p SUHWHQGLGD SHORV F{QMXJHV WHQGR HP YLVWD TXH R
F{QMXJH YDUmR SUHWHQGH LQLFLDU DWLYLGDGH HPSUHVDULDO GHSRLV GH VHX
GHVOLJDPHQWRGDHPSUHVDTXHODERUDYDHQHVWDPHGLGDHPUD]mRGRV
ULVFRV LQHUHQWHV DR QHJyFLR TXH SUHWHQGH QmR TXHU GHVHVWDELOL]DU D
IDPtOLD GH WDO VRUWH TXH DFRUGRX FRP D F{QMXJH PXOKHU D YHUWHQWH
DOWHUDomR
,,±'LUHLWR
267-MiHQWHQGHXDSRVVLELOLGDGHGHDOWHUDomRGHUHJLPHGHEHQV
QRFDVRGHGLYHUJrQFLDFRQMXJDODWLQHQWHjYLGDILQDQFHLUDGDIDPtOLD
2 FDVR FRQWHPSODYD R VHJXLQWH IDWR VHPHOKDQWH DR TXH RUD VH
DSUHVHQWD³2VF{QMXJHVVHFDVDUDPHPFRPXQKmRSDUFLDOGHEHQV2
PDULGR LQLFLRX DWLYLGDGH VRFLHWiULD QR UDPR GH LQGXVWULDOL]DomR
FRPHUFLDOL]DomR LPSRUWDomR H H[SRUWDomR GH JrQHURV DOLPHQWtFLRV R
TXH QD YLVmR GD HVSRVD FRQVWLWXL JUDYH ULVFR SDUD R SDWULP{QLR GR
FDVDO´)RQWH,%')$0EROHWLPHOHWU{QLFR
(LVXPMXOJDGRTXHHQIUHQWRXQDTXHOD&RUWHFDVRVHPHOKDQWH

6XSHULRU7ULEXQDOGH-XVWLoD ³'LUHLWR GH IDPtOLD &DVDPHQWR FHOHEUDGR

QD YLJrQFLD GR FyGLJR FLYLO GH  5HJLPH GH EHQV $OWHUDomR


3RVVLELOLGDGH ([LJrQFLDV SUHYLVWDV QR DUW  † ž GR &yGLJR &LYLO
-XVWLILFDWLYD GR SHGLGR 'LYHUJrQFLD TXDQWR j FRQVWLWXLomR GH VRFLHGDGH
HPSUHViULD SRU XP GRV F{QMXJHV 5HFHLR GH FRPSURPHWLPHQWR GR
SDWULP{QLR GD HVSRVD 0RWLYR HP SULQFtSLR KiELO D DXWRUL]DU D
PRGLILFDomR GR UHJLPH 5HVVDOYD GH GLUHLWRV GH WHUFHLURV  2
FDVDPHQWR Ki GH VHU YLVWR FRPR XPD PDQLIHVWDomR YLFHMDQWH GD
OLEHUGDGHGRVFRQVRUWHVQDHVFROKDGRPRGRSHORTXDOVHUiFRQGX]LGDD
YLGD HP FRPXP OLEHUGDGH HVVD TXH VH KDUPRQL]D FRP R IDWR GH TXH D
LQWLPLGDGH H D YLGD SULYDGD VmR LQYLROiYHLV H H[HUFLGDV QD JHQHUDOLGDGH
GDV YH]HV HP XP UHF{QGLWR HVSDoR SULYDGR WDPEpP HUJXLGR SHOR
RUGHQDPHQWRMXUtGLFRjFRQGLomRGH³DVLORLQYLROiYHO´$VVLPDPHOKRU
LQWHUSUHWDomR TXH VH GHYH FRQIHULU DR DUW  † ž GR && p D
TXH QmR H[LJH GRV F{QMXJHV MXVWLILFDWLYDV H[DJHUDGDV RX SURYDV
FRQFUHWDV GR SUHMXt]R QD PDQXWHQomR GR UHJLPH GH EHQV RULJLQiULR VRE
SHQD GH VH HVTXDGULQKDU LQGHYLGDPHQWH D SUySULD LQWLPLGDGH H D YLGD
SULYDGD GRV FRQVRUWHV  1R FDVR HP H[DPH IRL SOHLWHDGD D DOWHUDomR
GRUHJLPHGHEHQVGRFDVDPHQWRGRVRUDUHFRUUHQWHVPDQLIHVWDQGRHOHV
FRPR MXVWLILFDWLYD D FRQVWLWXLomR GH VRFLHGDGH GH UHVSRQVDELOLGDGH
OLPLWDGDHQWUHRF{QMXJHYDUmRHWHUFHLURSURYLGrQFLDTXHpDFDXWHODGRUD
GH HYHQWXDO FRPSURPHWLPHQWR GR SDWULP{QLR GD HVSRVD FRP D
HPSUHLWDGDGRPDULGR$GLYHUJrQFLDFRQMXJDOTXDQWRjFRQGXomRGDYLGD
ILQDQFHLUD GD IDPtOLD p MXVWLILFDWLYD HP WHVH SODXVtYHO j DOWHUDomR GR
UHJLPHGHEHQVGLYHUJrQFLDHVVDTXHHPQmRUDUDVYH]HVVHPDQLIHVWD
RX VH LQWHQVLILFD TXDQGR XP GRV F{QMXJHV DPELFLRQD HQYHUHGDUVH SRU
XPD QRYD FDUUHLUD HPSUHVDULDO IXQGDQGR FRPR QR FDVR HP DSUHoR
VRFLHGDGHFRPWHUFHLURVQDTXDODOJXPDSRUWHSDWULPRQLDOKDYHUiGHVHU
IHLWRHGRTXDOSRGHUHVXOWDULPSDFWRDRSDWULP{QLRFRPXPGRFDVDO
3RUWDQWR QHFHVViULD VH ID] D DIHULomR GD VLWXDomR ILQDQFHLUD DWXDO GRV
F{QMXJHV FRP D LQYHVWLJDomR DFHUFD GH HYHQWXDLV GtYLGDV H LQWHUHVVHV
GH WHUFHLURV SRWHQFLDOPHQWH DWLQJLGRV GH WXGR VH GDQGR SXEOLFLGDGH
(QXQFLDGR Q  GD , -RUQDGD GH 'LUHLWR &LYLO &-)67-  5HFXUVR
HVSHFLDOSDUFLDOPHQWHSURYLGR´5(VS0*±5HO0LQLVWUR/XLV
)HOLSH6DORPmR±4XDUWD7XUPD±MHP±'-H

(VWLSXODRDUWGR&yGLJRGH3URFHVVR&LYLO

³$UW  $ DOWHUDomR GR UHJLPH GH EHQV GR FDVDPHQWR REVHUYDGRV RV
UHTXLVLWRV OHJDLV SRGHUi VHU UHTXHULGD PRWLYDGDPHQWH HP SHWLomR
DVVLQDGDSRUDPERVRVF{QMXJHVQDTXDOVHUmRH[SRVWDVDVUD]}HVTXH
MXVWLILFDPDDOWHUDomRUHVVDOYDGRVRVGLUHLWRVGHWHUFHLURV


 † ž $R UHFHEHU D SHWLomR LQLFLDO R MXL] GHWHUPLQDUi D LQWLPDomR GR
0LQLVWpULR 3~EOLFR H D SXEOLFDomR GH HGLWDO TXH GLYXOJXH D SUHWHQGLGD
DOWHUDomRGHEHQVVRPHQWHSRGHQGRGHFLGLUGHSRLVGHGHFRUULGRRSUD]R
GHWULQWDGLDVGDSXEOLFDomRGRHGLWDO
†ž2VF{QMXJHVQDSHWLomRLQLFLDORXHPSHWLomRDYXOVDSRGHPSURSRU
DRMXL]PHLRDOWHUQDWLYRGHGLYXOJDomRGDDOWHUDomRGRUHJLPHGHEHQVD
ILPGHUHVJXDUGDUGLUHLWRVGHWHUFHLURV
†ž$SyVRWUkQVLWRHPMXOJDGRGDVHQWHQoDVHUmRH[SHGLGRVPDQGDGRV
GH DYHUEDomR DRV FDUWyULRV GH UHJLVWUR FLYLO H GH LPyYHLV H FDVR
TXDOTXHU GRV F{QMXJHV VHMD HPSUHViULR DR 5HJLVWUR 3~EOLFR GH
(PSUHVDV0HUFDQWLVH$WLYLGDGHV$ILQV´

3RUVXDYH]R&yGLJR&LYLOSUHFHLWXD

³$UW  e OtFLWR DRV QXEHQWHV DQWHV GH FHOHEUDGR R FDVDPHQWR

HVWLSXODUTXDQWRDRVVHXVEHQVRTXHOKHVDSURXYHU
†ž2UHJLPHGHEHQVHQWUHRVF{QMXJHVFRPHoDDYLJRUDUGHVGHDGDWD
GRFDVDPHQWR
† ž e DGPLVVtYHO DOWHUDomR GR UHJLPH GH EHQV PHGLDQWH DXWRUL]DomR
MXGLFLDO HP SHGLGR PRWLYDGR GH DPERV RV F{QMXJHV DSXUDGD D
SURFHGrQFLD GDV UD]}HV LQYRFDGDV H UHVVDOYDGRV RV GLUHLWRV GH
WHUFHLURV´
,,±3HGLGR
'LDQWHGRH[SRVWRUHTXHUHP
D D LQWLPDomR GR 0LQLVWpULR 3~EOLFR SDUD VH PDQLIHVWDU VREUH R
SHGLGRQRVWHUPRVGR†žGRDUW
E D SXEOLFDomR GH HGLWDLV SDUD FRQKHFLPHQWR GD SUHWHQGLGD
DOWHUDomRWDPEpPQRVWHUPRVGR†žGRDUW
F D SURFHGrQFLD GR SHGLGR FRP D KRPRORJDomR GD DOWHUDomR GR
UHJLPH GH EHQV GR FDVDPHQWR SDUD R UHJLPH GD VHSDUDomR WRWDO GH
EHQV SHODV UD]}HV H[SRVWDV QHVWD H[RUGLDO DWULEXLQGRVH HIHLWR
UHWURDWLYRH[WXQFH[FHSFLRQDOPHQWHSHODYRQWDGHGDVSDUWHV
G FRP D SURFHGrQFLD DSyV R WUkQVLWR HP MXOJDGR GD VHQWHQoD D
H[SHGLomRGRVPDQGDGRVGHDYHUEDomRDRVFDUWyULRVGHUHJLVWURFLYLO
HGHLPyYHLV


 1RV WHUPRV GR DUW  ,, GR &yGLJR GH 3URFHVVR &LYLO WHQGR HP
YLVWDRLQWHUHVVHGHLQFDSD]HVUHTXHUHPDRLWLYDGRUHSUHVHQWDQWHGR
0LQLVWpULR3~EOLFR
3URWHVWDP SHOD SURGXomR GH WRGDV DV SURYDV HP GLUHLWR DGPLWLGDV
QRWDGDPHQWHSHORVGRFXPHQWRVTXHLQVWUXHPRSUHVHQWHSHGLGR
7HUPRVHPTXHGDQGRjFDXVDRYDORUGH5
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

9.6. AÇÃO PARA SUPRIMENTO DE OUTORGA CONJUGAL

([PR 6U 'U -XL] GH 'LUHLWR GD 9DUD GH )DPtOLD H 6XFHVV}HV
GR
 YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD SRU VHXV
DGYRJDGRVSHORSURFHGLPHQWRGHMXULVGLomRYROXQWiULDGRVDUWVH
VHJXLQWHVGR&3&UHTXHUHUHPIDFHGHVXDPXOKHUEUDVLOHLUDGR
ODU FDVDGD 5* Qž  UHVLGHQWH H GRPLFLOLDGD QD 5XD  &(3
DSUHVHQWH
$omRGH6XSULPHQWRGH2XWRUJD
RTXHID]FRPIXQGDPHQWRQRVDUWVHGR&yGLJR
&LYLOHSHORVDUJXPHQWRVGHIDWRHGHGLUHLWRDVHJXLUDGX]LGRV
,±)DWRV
2 UHTXHUHQWH p FDVDGR FRP D LQWHUHVVDGD UHTXHULGD FRQIRUPH VH
REVHUYDGDFySLDGDFHUWLGmRGHFDVDPHQWRDQH[DGRFXPHQWR
2 UHTXHUHQWH H VHX LUPmR 6U  VmR FRSURSULHWiULRV  FDGD
XP GRV LPyYHLV GLVFULPLQDGRV QDV PDWUtFXODV QRV  MXQWR DR 
2ILFLDOGH5HJLVWURGH,PyYHLVGD&DSLWDO63GRFXPHQWR
(VVHVLPyYHLVHQFRQWUDPVXDRULJHPHPRXWURPDLRU±PDWUtFXODQž
±REMHWRGHGHVGREURDYHUEDGRHPGRFXPHQWR
2 GHVGREUR IRL SURYLGHQFLDGR SHORV FRSURSULHWiULRV UHVSHLWDQGR D
SRVVH SHUIHLWDPHQWH GHOLPLWDGD GH FDGD XP SDUD UHJXODUL]DomR GD


VLWXDomRGHIDWR
(P FRQVRQkQFLD FRP R DFDWDGR R UHTXHUHQWH H D LQWHUHVVDGD
UHTXHULGDUHVLGHPHVmRSRVVXLGRUHVGRLPyYHOREMHWRGDPDWUtFXODQž
MXQWRDR2ILFLDOGH5HJLVWURGH,PyYHLVGH6mR3DXOR
3RURXWURODGRRLUPmRGRUHTXHUHQWH6UpSRVVXLGRUUHVLGHQWH
GRLPyYHOFRQVWDQWHGDPDWUtFXODQž
3RVWDDVVLPDTXHVWmRFRPRGHVGREURGRWHUUHQROHYDGRDHIHLWR
HP  RV FRSURSULHWiULRV SURYLGHQFLDUDP PLQXWD GH HVFULWXUD GH
SHUPXWD TXH VHULD ODYUDGD MXQWR DR  7DEHOLRQDWR GH 1RWDV GD
&RPDUFDGH63GRFXPHQWR
3RU HVVD HVFULWXUD R 6U  ± FRSURSULHWiULR ± H VXD PXOKHU 
WUDQVIHULULDPDRUHTXHUHQWHHVXDPXOKHUDUHTXHULGDDIUDomRLGHDO
 GR LPyYHO FRQVROLGDQGR LQWHJUDOPHQWH QDV PmRV GR
UHTXHUHQWHDSURSULHGDGHGRLPyYHOREMHWRGDPDWUtFXODQž
(PFRQWUDSDUWLGDRUHTXHUHQWHHVXDPXOKHUFHGHULDPDR6UD
WRWDOLGDGHGHVXDIUDomRGRLPyYHOREMHWRGDPDWUtFXODQž
RQGHHVWHUHVLGH6ULUPmRGRUHTXHUHQWH
&RPR UHVXOWDGR GD SHUPXWD DV SDUWHV WHULDP D SURSULHGDGH SOHQD
GR LPyYHO RQGH UHVLGHP HYLWDQGR D LQF{PRGD VLWXDomR GH
FRSURSULHGDGH TXH IRL HVWDEHOHFLGD DQWHV GR GHVGREUR GR LPyYHO
RULJLQDO
(QWUHWDQWRQRGLDPDUFDGRSDUDDVVLQDWXUDGDHVFULWXUDGHSHUPXWD
LQH[SOLFDYHOPHQWHDUHTXHULGDLQWHUHVVDGDGHL[RXGHFRPSDUHFHUSDUD
RXWRUJD UHFXVDQGRVH D ILUPDU D HVFULWXUD IDWR HVVH GHYLGDPHQWH
FHUWLILFDGRSHOR6U7DEHOLmRGRFXPHQWR
1mRKiTXDOTXHUPRWLYRSODXVtYHOSDUDDUHFXVDPRUPHQWHTXHQmR
LPSOLFDGHIRUPDQHQKXPDSUHMXt]RDRSDWULP{QLRGDIDPtOLD
7UDWDVH QD YHUGDGH GH EHQHItFLR DR FDVDO TXH WHUi FRQVROLGDGD
HP VXDV PmRV D SURSULHGDGH GR LPyYHO RQGH UHVLGHP VHP D
LQF{PRGDSDUWLFLSDomRGHXPWHUFHLUR
'LDQWH GHVVHV IDWRV DR UHTXHUHQWH QmR UHVWRX DOWHUQDWLYD VHQmR
SOHLWHDUMXGLFLDOPHQWHDWUDYpVGRSUHVHQWHSURFHGLPHQWRRVXSULPHQWR
GDRXWRUJDGDUHTXHULGD


 ,,±'LUHLWR
'LVS}HPRVDUWVHGR&yGLJR&LYLO

³$UW  5HVVDOYDGR R GLVSRVWR QR DUW  QHQKXP GRV F{QMXJHV
SRGH VHP DXWRUL]DomR GR RXWUR H[FHWR QR UHJLPH GD VHSDUDomR
DEVROXWD
,±DOLHQDURXJUDYDUGH{QXVUHDORVEHQVLPyYHLV
,,±SOHLWHDUFRPRDXWRURXUpXDFHUFDGHVVHVEHQVRXGLUHLWRV
,,,±SUHVWDUILDQoDRXDYDO
,9 ± ID]HU GRDomR QmR VHQGR UHPXQHUDWyULD GH EHQV FRPXQV RX GRV
TXHSRVVDPLQWHJUDUIXWXUDPHDomR
3DUiJUDIR ~QLFR 6mR YiOLGDV DV GRDo}HV QXSFLDLV IHLWDV DRV ILOKRV
TXDQGRFDVDUHPRXHVWDEHOHFHUHPHFRQRPLDVHSDUDGD
$UW  &DEH DR MXL] QRV FDVRV GR DUWLJR DQWHFHGHQWH VXSULU D
RXWRUJD TXDQGR XP GRV F{QMXJHV D GHQHJXH VHP PRWLYR MXVWR RX OKH
VHMDLPSRVVtYHOFRQFHGrOD´

2 SUHVHQWH SURFHGLPHQWR p FDEtYHO SDUD R SURYLPHQWR QHFHVViULR

FRPR DWHVWD DEDOL]DGD GRXWULQD 1HVWH VHQWLGR DV QRWDV GH 1HOVRQ
1HU\-XQLRUH5RVD0DULD$QGUDGH1HU\

³ -Xt]R FRPSHWHQWH 2 SHGLGR GHYH VHU SRVWXODGR SHUDQWH R MXt]R GD

IDPtOLD SRU VHU PDWpULD GHFRUUHQWH GH HIHLWR MXUtGLFR GR FDVDPHQWR 1R
SURFHGLPHQWR GH VXSULPHQWR GH FRQVHQWLPHQWR R MXL] GHYHUi OHYDU HP
FRQWDRLQWHUHVVHGDIDPtOLD
 -XULVGLomR YROXQWiULD 2 SURFHGLPHQWR SDUD VXSULPHQWR MXGLFLDO GR
FRQVHQWLPHQWR FRQMXJDO p GH MXULVGLomR YROXQWiULD &3&  H VV
>DWXDODUWHVV@1HVWHVHQWLGR%DUEL&RPHQW1RVLVWHPD
SURFHVVXDO UHYRJDGR KDYLD SUHFHLWR H[SUHVVR D UHVSHLWR &3&  H
VV
&DVXtVWLFD
-XULVGLomR YROXQWiULD 2 SURFHGLPHQWR SDUD R VXSULPHQWR GH RXWRUJD
FRQMXJDO p GH MXULVGLomR YROXQWiULD GHYHQGR REHGHFHU DR ULWR GR &3&
 H VV >DWXDO DUW  H VV@ 57  5-7-63  
7-5- ±  &kP ± $SHO Qž  ± UHO 'HV +DPLOWRQ GH 0RUDHV H
%DUURV±YXMHP±3&/-,´


 3RUWDQWRSDUDVXSULPHQWRGDRXWRUJDFRQMXJDOQmRKiSUHYLVmRGH
XPSURFHGLPHQWRHVSHFLDOGHMXULVGLomRYROXQWiULDDSOLFDQGRVHGHVWD
IRUPD DV UHJUDV GR DUW  H VHJXLQWHV GR &3& SDUD RQGH UHIOXHP
WRGRVRVFDVRVGHMXULVGLomRYROXQWiULDSDUDRVTXDLVROHJLVODGRUQmR
SUHYLXULWRHVSHFLDO

7ULEXQDO GH -XVWLoD GR 3DUDQi ³9HQGD GH LPyYHO ± VXSULPHQWR GH

RXWRUJD X[yULD ± SURFHGLPHQWR GH MXULVGLomR YROXQWiULD ± FLWDomR
QHFHVViULD ± QXOLGDGH SURFHVVXDO UHFRQKHFLGD &RPR R &yGLJR GH
3URFHVVR &LYLO QmR SUHYLX H[SUHVVDPHQWH R SURFHGLPHQWR UHODWLYR DR
VXSULPHQWR GD RXWRUJD X[yULD DSOLFDUVHmR R SUHYLVWR QRV VHXV DUWV
HVHJXLQWHV>DWXDODUWHVV@VHQGRLQGLVSHQViYHODFLWDomRGD
LQWHUHVVDGD VRE SHQD GH QXOLGDGH´ $FyUGmR  ± $SHODomR &tYHO ±
5HO-XL]'RPLQJRV5DPLQD±&XULWLED±9DUDGH)DPtOLD±&kPDUD
&tYHO ± 3XEOLFDomR  ± 'HFLVmR DFRUGDP RV -Xt]HV
LQWHJUDQWHV GD 3ULPHLUD &kPDUD &tYHO GR 7ULEXQDO GH -XVWLoD GR (VWDGR
GR 3DUDQi SRU XQDQLPLGDGH GH YRWRV HP SURFODPDU D QXOLGDGH GR
SURFHVVR D SDUWLU GH IOV  LQFOXVLYH SRU IDOWD GH FLWDomR GD
LQWHUHVVDGD

,,,±3HGLGR
,VWR SRVWR UHTXHUVH D SURFHGrQFLD GD DomR FRP R VXSULPHQWR
MXGLFLDO GD RXWRUJD GD UHTXHULGD GHWHUPLQDQGR 9RVVD ([FHOrQFLD D
H[SHGLomRGH$OYDUiSDUDODYUDWXUDGDHVFULWXUDGHSHUPXWDGDIUDomR
LGHDO GR LPyYHO REMHWR GD PDWUtFXOD  SHOD IUDomR LGHDO GR LPyYHO
REMHWR GD PDWUtFXOD  DPEDV MXQWR DR  2ILFLDO GH 5HJLVWUR GH
,PyYHLVGHFRQVROLGDQGRQDVPmRVGRUHTXHUHQWHHGDUHTXHULGD
DSURSULHGDGHLQWHJUDOGRLPyYHORQGHUHVLGHPREMHWRGDPDWUtFXODQž

,9±&LWDomR
5HTXHUVHDFLWDomRGDUHTXHULGDSRU2ILFLDOGH-XVWLoDQRVWHUPRV
GR DUW  LQF ,, GR &yGLJR GH 3URFHVVR &LYLO IDFXOWDQGRVH DR 6U
2ILFLDO GH -XVWLoD HQFDUUHJDGR GD GLOLJrQFLD SURFHGHU QRV GLDV H
KRUiULRV GH H[FHomR &3& DUW  † ž SDUD TXHUHQGR RIHUHFHU
UHVSRVWDQRSUD]ROHJDOGRDUWGR&3&
5HTXHUVH DLQGD QRV WHUPRV GR DUW  GR &3& D LQWLPDomR GR


0LQLVWpULR3~EOLFR

9±3URYDV
3URWHVWD R UHTXHUHQWH SRU SURYDU R DOHJDGR DWUDYpV GH WRGRV RV
PHLRVGHSURYDHPGLUHLWRDGPLWLGRVHVSHFLDOPHQWHSHODSURGXomRGH
SURYD GRFXPHQWDO WHVWHPXQKDO SHULFLDO H LQVSHomR MXGLFLDO
GHSRLPHQWR SHVVRDO GD UHTXHULGD LQFOXVLYH HP HYHQWXDO DXGLrQFLD D
VHUGHVLJQDGDSRU9RVVD([FHOrQFLD
9,±9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

9.7. INTERDIÇÃO

([PRD6UD'UD-XL]GH'LUHLWRGD

 YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD SRU VHXV
DGYRJDGRVGRFXPHQWRSHORSURFHGLPHQWRGH-XULVGLomR9ROXQWiULD
GRVDUWLJRVDGR&yGLJRGH3URFHVVR&LYLOUHTXHUHUHPIDFH
GHDSUHVHQWH
$omRGHLQWHUGLomR
R TXH ID] FRP IXQGDPHQWR QRV DUJXPHQWRV GH IDWR H GH GLUHLWR D
VHJXLUDGX]LGRV
,±/HJLWLPLGDGHSDUDUHTXHUHUDLQWHUGLomR
2UHTXHUHQWHpILOKRF{QMXJHFRPSDQKHLURSDUHQWHDWpRžJUDX
RX UHSUHVHQWDQWH GH DEULJR HP TXH VH HQFRQWUD R LQWHUGLWDQGR GR
UHTXHULGR FRQIRUPH ID] SURYD DR FHUWLGmR GH QDVFLPHQWR FHUWLGmR
GH FDVDPHQWR FRQWUDWR GH FRQYLYrQFLD FRQWUDWR VRFLDO H
FRPSURYDQWH GH SHUPDQrQFLD GR LQWHUGLWDQGR QR DEULJR HWF
GRFXPHQWRHQHVVDTXDOLGDGHQRVWHUPRVGRDUWGR&yGLJR


GH 3URFHVVR &LYLO p SDUWH OHJtWLPD SDUD UHTXHUHU D LQWHUGLomR GH VHX
SDL
,,±)DWRV&3&DUW
2FRUUH TXH R UHTXHULGR RUD LQWHUGLWDQGR GHVFUHYHU
PLQXFLRVDPHQWH RV IDWRV TXH HQVHMDP D LQFDSDFLGDGH MXQWDQGR
GRFXPHQWRVODXGRVPpGLFRVH[DPHVHWF
3RVWD GHVWD PDQHLUD D TXHVWmR H FRPR PHGLGD SURWHWLYD GR
UHTXHULGRGHYHRPHVPRVHULQWHUGLWDGRHFRORFDGRVREFXUDWHOD
,,,±'LUHLWR
1RVWHUPRVGRDUWGR&yGLJR&LYLO

³$UW(VWmRVXMHLWRVDFXUDWHOD
, ± DTXHOHV TXH SRU HQIHUPLGDGH RX GHILFLrQFLD PHQWDO QmR WLYHUHP R
QHFHVViULRGLVFHUQLPHQWRSDUDRVDWRVGDYLGDFLYLO
,,±DTXHOHVTXHSRURXWUDFDXVDGXUDGRXUDQmRSXGHUHPH[SULPLUDVXD
YRQWDGH
,,, ± RV GHILFLHQWHV PHQWDLV RV pEULRV KDELWXDLV H RV YLFLDGRV HP
Wy[LFRV
,9±RVH[FHSFLRQDLVVHPFRPSOHWRGHVHQYROYLPHQWRPHQWDO
9±RVSUyGLJRV´

4XDQWRDRH[HUFtFLRGDFXUDWHODSUHFHLWXDR&yGLJR&LYLO

³$UW  2 F{QMXJH RX FRPSDQKHLUR QmR VHSDUDGR MXGLFLDOPHQWH RX

GHIDWRpGHGLUHLWRFXUDGRUGRRXWURTXDQGRLQWHUGLWR
† ž 1D IDOWD GR F{QMXJH RX FRPSDQKHLUR p FXUDGRU OHJtWLPR R SDL RX D
PmHQDIDOWDGHVWHVRGHVFHQGHQWHTXHVHGHPRQVWUDUPDLVDSWR
† ž (QWUH RV GHVFHQGHQWHV RV PDLV SUy[LPRV SUHFHGHP DRV PDLV
UHPRWRV
†ž1DIDOWDGDVSHVVRDVPHQFLRQDGDVQHVWHDUWLJRFRPSHWHDRMXL]D
HVFROKDGRFXUDGRU´

3RUWDQWR R UHTXHUHQWH QD TXDOLGDGH GH  HVWi OHJLWLPDGR D

DVVXPLUDFXUDWHODHPIDYRUGRLQWHUGLWDQGR
,9±3HGLGR


 (PUD]mRGHWRGRRH[SRVWRUHTXHUVH
D HP UD]mR GRV IDWRV HP FDUiWHU GH XUJrQFLD D QRPHDomR GH
FXUDGRUSURYLVyULRRTXHVHUHTXHUQRVWHUPRVGRSDUiJUDIR~QLFRGR
DUWGR&yGLJRGH3URFHVVR&LYLO
E D FLWDomR GR UHTXHULGR SDUD FRPSDUHFHU j DXGLrQFLD D VHU
GHVLJQDGD SRU 9RVVD ([FHOrQFLD D ILP GH VHU HQWUHYLVWDGR FRQIRUPH
GHWHUPLQD R DUW  GR &yGLJR GH 3URFHVVR &LYLO H TXHUHQGR
LPSXJQDU DSyV D UHDOL]DomR GD DXGLrQFLD QR SUD]R OHJDO GH 
TXLQ]HGLDV&3&DUW
F 1RV WHUPRV GR † ž GR DUW  GR &yGLJR GH 3URFHVVR &LYLO D
LQWLPDomR GDV SHVVRDV DEDL[R LQGLFDGDV SRU FDUWD UHJLVWUDGD RX
SHVVRDOPHQWHSRULQWHUPpGLRGHRILFLDOGHMXVWLoDQRVWHUPRVGRDUW
GR&yGLJRGH3URFHVVR&LYLOSDUDTXHVHMDPRXYLGDVQDDXGLrQFLD
GHVLJQDGDSRU9RVVD([FHOrQFLD
,QGLFDU SDUHQWHV H SHVVRDV SUy[LPDV LQGLFDQGR D TXDOLILFDomR
FRPSOHWDFRPHQGHUHoRSDUDLQWLPDomR
GDSURFHGrQFLDGDDomRFRPDLQWHUGLomRGRUHTXHULGRGHFODUDQGR
9RVVD ([FHOrQFLD RV OLPLWHV GD FXUDWHOD WHQGR HP YLVWD R HVWDGR GR
LQWHUGLWDQGR QRPHDQGRVH R UHTXHUHQWH VHX FXUDGRU QRV WHUPRV GRV
DUWVHGR&yGLJR&LYLOSDUDSUHVWDUFRPSURPLVVRQRSUD]R
OHJDOQRVWHUPRVGRDUWGR&yGLJRGH3URFHVVR&LYLO
1HVWHVWHUPRVWHQGRHPYLVWDDLQFDSDFLGDGHDEVROXWDRXUHODWLYD
GR LQWHUGLWDQGR GHYHUi VHU LQWHUGLWDGR SDUD WRGRV RV DWRV GD YLGD
FLYLORXSDUDRVDWRVGHDOLHQDomRGHEHQVHWF
HDLQWLPDomRGR0LQLVWpULR3~EOLFRSDUDVHPDQLIHVWDUQRSUHVHQWH
IHLWRQRVWHUPRVGRDUW,,GR&yGLJRGH3URFHVVR&LYLO
9±3URYDV
2 UHTXHUHQWH SURWHVWD SRU SURYDU R DOHJDGR DWUDYpV GH WRGRV RV
PHLRVGHSURYDHPGLUHLWRDGPLWLGRVHVSHFLDOPHQWHSHODSURGXomRGH
SURYDSHULFLDOGHWHUPLQDGDSHORDUWGR&yGLJRGH3URFHVVR&LYLO
TXH GHYHUi VHU GHWHUPLQDGD DSyV R SUD]R GH HYHQWXDO LPSXJQDomR
SHORUHTXHULGR
9,±9DORUGDFDXVD


'iVHjFDXVDRYDORUGH5
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%


BBBBBBBBB

1HOVRQ 1HU\ -XQLRU H 5RVD 0DULD $QGUDGH 1HU\ &yGLJR GH 3URFHVVR &LYLO
&RPHQWDGR6mR3DXOR57QRWDVDRDUW


 10.1.EXECUÇÃO POR QUANTIA CERTA

([PR6U'U-XL]GH'LUHLWRGD9DUD&tYHOGR)RUR

SRUVHXVDGYRJDGRVGRFXPHQWRYHPUHVSHLWRVDPHQWHj
SUHVHQoDGH9RVVD([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omRGHH[HFXomRSRUTXDQWLDFHUWDFRQWUDGHYHGRUVROYHQWH
R TXH ID] FRP VXSHGkQHR QRV DUWLJRV   ,,  H  H
VHJXLQWHV GR &yGLJR GH 3URFHVVR &LYLO H[SRQGR H UHTXHUHQGR R
TXDQWRVHJXH
$ H[HTXHQWH p FUHGRUD GD LPSRUWkQFLD GH 5  GHYLGD SHORV
H[HFXWDGRV FRQIRUPH R LQVWUXPHQWR SDUWLFXODU GH FRPSURPLVVR GH
FRPSUD H YHQGD DVVLQDGR SHODV SDUWHV H GXDV WHVWHPXQKDV HP 
GRFXPHQWR
2 LPyYHO IRL HQWUHJXH FXPSULGDV SRUWDQWR DV REULJDo}HV GR
H[HTXHQWH FRQIRUPH WHUPR GH HQWUHJD DQH[R GRFXPHQWR  R TXH
DXWRUL]DDH[HFXomRQRVWHUPRVGRVDUWVH,³G´GR&yGLJR
GH3URFHVVR&LYLO
5HOHYDQWHVDVVLPDVUD]}HVODQoDGDVQD$SHODomRQR
YRWR SURIHULGR SHOD  &kPDUD GH 'LUHLWR 3ULYDGR$ GR 7ULEXQDO GH
-XVWLoDGH6mR3DXORUHO$OH[DQGUH0DUFRQGHVMHP

³(PERUD R FRQWUDWR FRQWHQKD REULJDo}HV GH DPEDV DV SDUWHV VHX

FDUiWHU VLQDODJPiWLFR QmR VXEWUDL VXD IRUoD H[HFXWLYD SRLV FRQIRUPH Mi
VH GHFLGLX R FRQWUDWR ELODWHUDO SRGH VHUYLU GH WtWXOR H[HFXWLYR GH
REULJDomRGHSDJDUTXDQWLDFHUWDGHVGHTXHGHILQLGDDOLTXLGH]HFHUWH]D
GDSUHVWDomRGRGHYHGRUFRPSURYDQGRRFUHGRURFXPSULPHQWRLQWHJUDO
GHVXDREULJDomR´567-

$HVWHUHVSHLWRHQVLQD+XPEHUWR7KHRGRUR-~QLRUTXH


 ³R FRQWUDWR SRU VHU ELODWHUDO QmR SHUGH R DWULEXWR GD H[HTXLELOLGDGH SRU
SDUWHGRFRQWUDWDQWHTXHMiFXPSULXDSUHVWDomRDVHXFDUJR$FHUWH]D
GDREULJDomRLQVDWLVIHLWDSHORRXWURFRQWUDWDQWHpDWLQJLGDSHODSURYDSUp
FRQVWLWXtGDGDFRQWUDSUHVWDomRUHDOL]DGDSHORH[HTXHQWH´$5HIRUPDGD
([HFXomRGR7tWXOR([WUDMXGLFLDO5LRGH-DQHLUR)RUHQVHS

1RPHVPRVHQWLGR

7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³(PEDUJRV j H[HFXomR GH WtWXOR
H[WUDMXGLFLDO &RPSURPLVVR GH FRPSUD H YHQGD GH LPyYHO 3UHVHQWHV D
FHUWH]D D OLTXLGH] H D H[LJLELOLGDGH GR GpELWR 1mR FRQILJXUDGD QXOLGDGH
GR WtWXOR H[HFXWLYR ([FHVVR GH H[HFXomR VXSHUDGR SRLV KRXYH PHUR
HUUR QR FiOFXOR DSUHVHQWDGR GHYLGDPHQWH FRUULJLGR SHOD H[HTXHQWH
5HMHLomR GRV HPEDUJRV PDQWLGD 5HFXUVR QmR SURYLGR´ $SHODomR
&kPDUDGH'LUHLWR3ULYDGRUHO5REHUWR
0DLDMHP

7UDWDVH SRUWDQWR GH WtWXOR H[WUDMXGLFLDO GH REULJDomR &3& DUW

,,FHUWDOtTXLGDHH[LJtYHO&3&DUW
$ SUHVHQWH H[HFXomR GHFRUUH GD DXVrQFLD GH SDJDPHQWRV SHORV
H[HFXWDGRV GH  SDUFHODV PHQVDLV FRQIRUPH  GR LQVWUXPHQWR
SDUWLFXODU GH SURPHVVD GH FRPSUD H YHQGD GR LPyYHO DVVLP
FDUDFWHUL]DGR  REMHWR GD SUHVHQWH H[HFXomR FXMR GHPRQVWUDWLYR
GR GpELWR GH DFRUGR FRP R DUW  , ³E´ p R TXH VHJXH RX VH D
SODQLOKDIRUDQH[DGDVHJXHDQH[RjSUHVHQWHH[HFXomR±GRFXPHQWR


%DOGRV RV HVIRUoRV GD FUHGRUD TXH VHP VXFHVVR WHQWRX
DPLJDYHOPHQWHUHFHEHURYDORUTXHOKHpGHYLGRQHJDVHRGHYHGRUD
VDOGDURGpELWRREULJDQGRDDVRFRUUHUVHGR3RGHU-XGLFLiULRRTXH
ID]SRULQWHUPpGLRGDSUHVHQWHDomRGHH[HFXomR
&LWDomRH3HGLGR
1mR UHVWDQGR RXWUR PHLR GH UHFHEHU p D SUHVHQWH SDUD UHTXHUHU
GLJQHVH9RVVD([FHOrQFLDGH
D'HWHUPLQDUVHMDPFLWDGRVRVH[HFXWDGRVSHORFRUUHLRQRVWHUPRV
GRV DUWV  ,  H  GR &yGLJR GH 3URFHVVR &LYLO RX


VXEVLGLDULDPHQWHMXVWLILFDQGRSRULQWHUPpGLRGR6U2ILFLDOGH-XVWLoD
FRPRVSHUPLVVLYRVGRDUWLJR†ƒGR&yGLJRGH3URFHVVR&LYLO
SDUD SDJDU HP  WUrV GLDV R YDORU GH 5  DFUHVFLGR GH MXURV
OHJDLV FRUUHomR PRQHWiULD FXVWDV H KRQRUiULRV DGYRFDWtFLRV GH 
QRVWHUPRVGRDUWGR&yGLJRGH3URFHVVR&LYLO
&DVRQmRKDMDSDJDPHQWRQRSUD]ROHJDOGHWUrVGLDVUHTXHUVH
GHVGH Mi R DFUpVFLPR DRV KRQRUiULRV TXH GHYHUmR VHU GH  GR
YDORUH[HFXWDGR&3&DUWFRPDSHQKRUDGHGLQKHLUR&3&DUW
,H†žSHORVLVWHPDGR%DQFR&HQWUDO
&DVR VH IUXVWUH D SHQKRUD GH GLQKHLUR UHTXHUVH D H[SHGLomR GH
PDQGDGRGHSHQKRUDGHWDQWRVEHQVTXDQWRVEDVWHPSDUDJDUDQWLUD
H[HFXomRDVHUFXPSULGRSRULQWHUPpGLRGR6U2ILFLDOGH-XVWLoDRX
D SHQKRUD GR LPyYHO FRQVLVWHQWH HP  GRFXPHQWR  ± PDWUtFXOD
PHGLDQWHWHUPRQRVDXWRVGHDFRUGRFRPRDUWHDUW†ž
GR&3&
&DVR R H[HFXWDGR QmR VHMD HQFRQWUDGR SDUD FLWDomR H[ YL OHJLV
&3& DUW  UHTXHU R DUUHVWR GR LPyYHO LQGLFDGR H FXMD PDWUtFXOD
VHJXH DQH[D GRFXPHQWR  FXPSULGDV DV IRUPDOLGDGHV OHJDLV
VHJXLQGR R SURFHVVR QRV WHUPRV GD /HL FRP D FLWDomR GR H[HFXWDGR
SRU HGLWDO ILQGR R TXDO KDYHUi DXWRPiWLFD FRQYHUVmR GR DUUHVWR HP
SHQKRUD &3& DUW  † ž $SHQDV SDUD R FDVR GH VHUHP
FRQKHFLGRVEHQVSHQKRUiYHLVGRH[HFXWDGRVHQGRHPWHVHSRVVtYHO
D SHQKRUD VREUH RV GLUHLWRV GR SUySULR LPyYHO SURPHWLGR j YHQGD
FDVRFRQWUiULRDFLWDomRGHYHVHUUHTXHULGDGHSRLVGHHVJRWDGDVDV
WHQWDWLYDVPHVPRVHPDUUHVWRSRUHGLWDO†žGRDUWGR&3&
³$omR GH H[HFXomR GH WtWXOR H[WUDMXGLFLDO &LWDomR UHDOL]DGD SRU
HGLWDO 9DOLGDGH &LWDomR ILFWD RFRUULGD DSyV GLOLJrQFLDV YLVDQGR j
REWHQomRGHQRYRHQGHUHoRGRH[HFXWDGR$SOLFDomRGRGLVSRVWRQR
DUWLJR  ,, &3& >DWXDO DUW  ,,@ 3UHVFULomR ,QRFRUUrQFLD
,QWHUUXSomR GR SUD]R SUHVFULFLRQDO ,QWHOLJrQFLD GR DUWLJR  &3&
>DWXDO DUW @ $JUDYR LPSURYLGR´ 7-63 ± 
±5HODWRUD6RDUHV/HYDGD±&RPDUFD6RURFDED
± ÏUJmR MXOJDGRU  &kPDUD GH 'LUHLWR 3ULYDGR ± 'DWD GR
MXOJDPHQWR  ± 'DWD GH UHJLVWUR  ± 2XWURV
Q~PHURV


 2X SDUD R FDVR GH QmR VHUHP FRQKHFLGRV EHQV SHQKRUiYHLV GR
H[HFXWDGR
D5HTXHUVHGHVGHMiFDVRQmRKDMDSDJDPHQWRHPWUrVGLDV
H R 6U 2ILFLDO GH -XVWLoD QmR ORFDOL]H EHQV SHQKRUiYHLV GRV
H[HFXWDGRV TXH VHMDP HOHV LQWLPDGRV SDUD QR SUD]R GH  FLQFR
GLDVLQGLFDUEHQVSDVVtYHLVGHSHQKRUDVRESHQDGHDWRDWHQWDWyULRj
GLJQLGDGHGD-XVWLoDHPXOWDGHGRYDORUGDH[HFXomRQRVWHUPRV
GRVDUWV9HVHXSDUiJUDIR~QLFRGR&3&
E 5HTXHUVH D LQWLPDomR GD SHQKRUD SRU PHLR GRV DGYRJDGRV GR
H[HFXWDGR FRQVWLWXtGRV QRV DXWRV &3& DUW  RX SRU YLD SRVWDO
FDVRQmRWHQKDDGYRJDGRFRQVWLWXtGR
F 3RU ILP WHQGR HP YLVWD R WHRU GRV DUWV  H  † ž GR
&yGLJR GH 3URFHVVR &LYLO UHTXHU D H[HTXHQWH TXH D SHQKRUD VHMD
UHJLVWUDGDSRUPHLRHOHWU{QLFRRXLPSRVVtYHODSUiWLFDGRDWRSRUPHLR
HOHWU{QLFR SHOD VHUYHQWLD D H[SHGLomR GH FHUWLGmR GH LQWHLUR WHRU GR
DWR SDUD UHJLVWUR QD PDWUtFXOD GR LPyYHO D VHU SHQKRUDGRDUUHVWDGR
GH SURSULHGDGH GR H[HFXWDGR GRFXPHQWR  QRV WHUPRV GRV DUWLJRV
,HGD/HL
3URYDV
3HOD QDWXUH]D GD DomR H[HFXomR SURWHVWD SRU SURYDU R DOHJDGR
XQLFDPHQWHSRULQWHUPpGLRGRWtWXORTXHLQVWUXLDH[RUGLDOGRFXPHQWR

9DORUGD&DXVD
$WULEXLVHjSUHVHQWHH[HFXomRRYDORUGH5
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGRD
'RFXPHQWR
3URFXUDomR
'RFXPHQWR
7tWXORH[HFXWLYR


 'RFXPHQWR
'HPRQVWUDWLYRGRGpELWR
'RFXPHQWR
0DWUtFXODGRLPyYHOSDUDSHQKRUDDUUHVWR

10.2.EXECUÇÃO POR QUANTIA CERTA – CONDOMÍNIOS

([PR6U'U-XL]GH'LUHLWRGD9DUD&tYHOGR)RUR

SRUVHXVDGYRJDGRVGRFXPHQWRYHPUHVSHLWRVDPHQWHj
SUHVHQoDGH9RVVD([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omRGHH[HFXomRSRUTXDQWLDFHUWDFRQWUDGHYHGRUVROYHQWH
R TXH ID] FRP VXSHGkQHR QRV DUWLJRV   ;  H  H
VHJXLQWHV GR &yGLJR GH 3URFHVVR &LYLO H[SRQGR H UHTXHUHQGR R
TXDQWRVHJXH
2&RQGRPtQLRH[HTXHQWHpFUHGRUGDLPSRUWkQFLDGH5GHYLGD
SHORVH[HFXWDGRVSURSULHWiULRVGDXQLGDGHDVLODGDQRHGLItFLR
QRVWHUPRVGDPDWUtFXODDQH[DGRFXPHQWR
$V FRQWDV LQDGLPSOLGDV SHORV UpXV FRQVWDP GH SUHYLVmR
RUoDPHQWiULDDSURYDGDQDDVVHPEOHLDGHGRFXPHQWR
2VEDODQFHWHVLJXDOPHQWHVHJXHPDQH[RVGRFXPHQWR
7UDWDVH SRUWDQWR GH WtWXOR H[WUDMXGLFLDO &3& DUW  ; GH
REULJDomRFHUWDOtTXLGDHH[LJtYHO&3&DUW
$ SUHVHQWH H[HFXomR GHFRUUH SRUWDQWR GD DXVrQFLD GH
SDJDPHQWRV SHORV H[HFXWDGRV GH  SDUFHODV PHQVDLV GDV FRWDV
FRQGRPLQLDLVFXMRGHPRQVWUDWLYRGRGpELWRGHDFRUGRFRPRDUW
, ³E´ p R TXH VHJXH RX VH D SODQLOKD IRU DQH[DGD VHJXH DQH[R j
SUHVHQWHH[HFXomR±GRFXPHQWR

%DOGRV RV HVIRUoRV GR &RQGRPtQLR FUHGRU TXH VHP VXFHVVR
WHQWRXDPLJDYHOPHQWHUHFHEHURYDORUTXHOKHpGHYLGRQHJDPVHRV
GHYHGRUHV D VDOGDU R GpELWR REULJDQGRR D VRFRUUHUVH GR 3RGHU
-XGLFLiULRRTXHID]SRULQWHUPpGLRGDSUHVHQWHDomRGHH[HFXomR


 &LWDomRH3HGLGR
1mR UHVWDQGR RXWUR PHLR GH UHFHEHU p D SUHVHQWH SDUD UHTXHUHU
GLJQHVH9RVVD([FHOrQFLDGH
D'HWHUPLQDUVHMDPFLWDGRVRVH[HFXWDGRVSHORFRUUHLRQRVWHUPRV
GRV DUWV  ,  H  GR &yGLJR GH 3URFHVVR &LYLO RX
VXEVLGLDULDPHQWHMXVWLILFDQGRSRULQWHUPpGLRGR6U2ILFLDOGH-XVWLoD
FRPRVSHUPLVVLYRVGRDUWLJR†ƒGR&yGLJRGH3URFHVVR&LYLO
SDUD SDJDU HP  WUrV GLDV R YDORU GH 5  DFUHVFLGR GH MXURV
OHJDLV FRUUHomR PRQHWiULD FXVWDV H KRQRUiULRV DGYRFDWtFLRV GH 
QRVWHUPRVGRDUWGR&yGLJRGH3URFHVVR&LYLO
&DVRQmRKDMDSDJDPHQWRQRSUD]ROHJDOGHWUrVGLDVUHTXHUVH
GHVGH Mi R DFUpVFLPR DRV KRQRUiULRV TXH GHYHUmR VHU GH  GR
YDORUH[HFXWDGR&3&DUWFRPDSHQKRUDGHGLQKHLUR&3&DUW
,H†žSHORVLVWHPDGR%DQFR&HQWUDO
6H IUXVWUDQGR D SHQKRUD GH GLQKHLUR UHTXHUVH D H[SHGLomR GH
PDQGDGR GH SHQKRUD GR LPyYHO FRQVLVWHQWH HP  GRFXPHQWR 
PHGLDQWHWHUPRQRVDXWRVGHDFRUGRFRPRDUWHDUW†ž
GR&3&
&DVR R H[HFXWDGR QmR VHMD HQFRQWUDGR SDUD FLWDomR H[ YL OHJLV
&3& DUW  UHTXHU R DUUHVWR GR LPyYHO LQGLFDGR H FXMD PDWUtFXOD
VHJXH DQH[D GRFXPHQWR  FXPSULGDV DV IRUPDOLGDGHV OHJDLV
VHJXLQGR R SURFHVVR QRV WHUPRV GD /HL FRP D FLWDomR GR H[HFXWDGR
SRU HGLWDO ILQGR R TXDO KDYHUi DXWRPiWLFD FRQYHUVmR GR DUUHVWR HP
SHQKRUD&3&DUW†žRTXHDGPLWHDMXULVSUXGrQFLD³$omRGH
H[HFXomRGHWtWXORH[WUDMXGLFLDO&LWDomRUHDOL]DGDSRUHGLWDO9DOLGDGH
&LWDomR ILFWD RFRUULGD DSyV GLOLJrQFLDV YLVDQGR j REWHQomR GH QRYR
HQGHUHoRGRH[HFXWDGR$SOLFDomRGRGLVSRVWRQRDUWLJR,,&3&
>DWXDO DUW  ,,@ 3UHVFULomR ,QRFRUUrQFLD ,QWHUUXSomR GR SUD]R
SUHVFULFLRQDO ,QWHOLJrQFLD GR DUWLJR  &3& >DWXDO DUW @ $JUDYR
LPSURYLGR´7-63±±5HODWRUD6RDUHV
/HYDGD±&RPDUFD6RURFDED±ÏUJmRMXOJDGRU&kPDUDGH'LUHLWR
3ULYDGR ± M HP  ± 'DWD GH UHJLVWUR  ± 2XWURV
Q~PHURV
E 5HTXHUVH D LQWLPDomR GD SHQKRUD DWUDYpV GRV DGYRJDGRV GR
H[HFXWDGR FRQVWLWXtGRV QRV DXWRV &3& DUW  RX SRU YLD SRVWDO


FDVRQmRWHQKDDGYRJDGRFRQVWLWXtGR
F 5HTXHU RXWURVVLP GLJQHVH 9RVVD ([FHOrQFLD GH IL[DU
OLPLQDUPHQWHRVKRQRUiULRVSDUDDSUHVHQWHH[HFXomRQRVWHUPRVGR
DUW  GR &yGLJR GH 3URFHVVR &LYLO TXH VHUmR UHGX]LGRV SHOD
PHWDGHQRFDVRGHSDJDPHQWRHPWUrVGLDVGDFLWDomR
G 3RU ILP WHQGR HP YLVWD R WHRU GRV DUWV  H  † ž GR
&yGLJR GH 3URFHVVR &LYLO UHTXHU R H[HTXHQWH TXH D SHQKRUD VHMD
UHJLVWUDGDSRUPHLRHOHWU{QLFRRXLPSRVVtYHODSUiWLFDGRDWRSRUPHLR
HOHWU{QLFR SHOD VHUYHQWLD D H[SHGLomR GH FHUWLGmR GH LQWHLUR WHRU GR
DWR SDUD UHJLVWUR QD PDWUtFXOD GR LPyYHO D VHU SHQKRUDGRDUUHVWDGR
GH SURSULHGDGH GR H[HFXWDGR GRFXPHQWR  QRV WHUPRV GRV DUWLJRV
,HGD/HL
3URYDV
3HOD QDWXUH]D GD DomR H[HFXomR SURWHVWD SRU SURYDU R DOHJDGR
XQLFDPHQWHSRULQWHUPpGLRGRVGRFXPHQWRVTXHLQVWUXHPDH[RUGLDO
9DORUGD&DXVD
$WULEXLVHjSUHVHQWHH[HFXomRRYDORUGH5
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGRD
'RFXPHQWR
3URFXUDomR
'RFXPHQWR
0DWUtFXODGRLPyYHO
'RFXPHQWR
$WDGDDVVHPEOHLDTXHDSURYRXDSUHYLVmRRUoDPHQWiULD
'RFXPHQWR
%DODQFHWHV
'RFXPHQWR
3ODQLOKDGHGpELWRV


 10.3.EXECUÇÃO PARA ENTREGA DE COISA

([PR6U'U-XL]GH'LUHLWRGD
 YHP UHVSHLWRVDPHQWH SRU VHXV DGYRJDGRV H SURFXUDGRUHV
GRFXPHQWRSURSRUHPIDFHGHDFRPSHWHQWH
([HFXomRSDUDHQWUHJDGHFRLVDFHUWD
R TXH ID] FRP VXSHGkQHR QRV DUWV  ,, H  H VHJXLQWHV GR
&yGLJR GH 3URFHVVR &LYLO SDUD UHFHEHU EHP LPyYHO SHORV IDWRV H
UD]}HVDVHJXLUH[SRVWRV
2 H[HTXHQWH DGTXLULX GR H[HFXWDGR HP  DWUDYpV GH HVFULWXUD
S~EOLFDGHYHQGDHFRPSUDWtWXORH[HFXWLYRQRVWHUPRVGR&yGLJRGH
3URFHVVR&LYLODUW,,GRFXPHQWRLPyYHOFRQVXEVWDQFLDGRHP
XP DSDUWDPHQWR Qž  ORFDOL]DGR QR  DQGDU GR (GLItFLR 
VLWXDGRQD
1D FOiXVXOD  GR DOXGLGR WtWXOR H[HFXWLYR GRFXPHQWR  R
H[HFXWDGRREULJRXVHDHQWUHJDUREHPQRPHVPRDWR
7UDWDVH SRUWDQWR GH WtWXOR H[HFXWLYR H[WUDMXGLFLDO OtTXLGR FHUWR H
H[LJtYHO&yGLJRGH3URFHVVR&LYLODUW,,FF
1DGD REVWDQWH RV HVIRUoRV GR H[HTXHQWH TXH WHQWRX
DPLJDYHOPHQWH UHFHEHU R TXH OKH p GHYLGR R H[HFXWDGR PDQWHYHVH
LUUHGXWtYHOQHJDQGRVHDHQWUHJDURLPyYHO
3RUWDQWRRH[HTXHQWHMDPDLVUHFHEHXDSRVVH
7HQKDVHSUHVHQWHTXH³DFOiXVXODFRQVWLWXLQmRVHSUHVXPHGHYH
VHU H[SUHVVD RX UHVXOWDU QHFHVVDULDPHQWH GH FOiXVXOD H[SUHVVD
FRPRTXDQGRRYHQGHGRUFRQVHUYDRSUpGLRHPVHXSRGHUDWtWXORGH
DOXJXHO´  $VVLP LQYLDELOL]DGD DomR GH UHLQWHJUDomR UHVWDQGR
DSHQDV D DomR GH H[HFXomR SDUD HQWUHJD GH FRLVD FHUWD Mi TXH
SUHVHQWHVVHXVUHTXLVLWRVDWtWXORH[HFXWLYRH[WUDMXGLFLDO±DUW,,
GRFXPHQWR  E OLTXLGH] FHUWH]D H H[LJLELOLGDGH DUW  F
LQDGLPSOHPHQWRGRGHYHGRUQRFXPSULPHQWRGDREULJDomRGHHQWUHJD
GREHPFRQVWDQWHGRWtWXOR
7DPSRXFR Ki IDODUVH HP DomR GH LPLVVmR GH SRVVH DWp SRUTXH
QmRKiLQWHUHVVHGHDJLUHPDomRGHFRQKHFLPHQWRSDUDREWHQomRGH


XPWtWXORTXHDILQDOMiVHSRVVXL
7HQKDVHSUHVHQWHTXHRSURFXUDGRUGRH[HFXWDGRFKHJRXDHQYLDU
FRUUHVSRQGrQFLDVLQDOL]DQGRDHQWUHJDGDVFKDYHVGRFXPHQWR
7RGDYLDDRUHFHEHURSUHSRVWRGRFUHGRUGRFXPHQWRRGHYHGRU
TXHGRXVH LQHUWH UHVLVWLQGR VHP TXDOTXHU PRWLYR SODXVtYHO DR
FXPSULPHQWR GD REULJDomR GH HQWUHJD GR LPyYHO TXH YHQGHX SRU
HVFULWXUDS~EOLFDWtWXORH[HFXWLYR±DUW,,GR&yGLJRGH3URFHVVR
&LYLO
'LDQWHGRH[SRVWRQmRUHVWRXDOWHUQDWLYDDRFUHGRUVHQmRVRFRUUHU
VHGR3RGHU-XGLFLiULRRTXHID]SRULQWHUPpGLRGDSUHVHQWHDomRGH
H[HFXomRSDUDHQWUHJDGHFRLVDFHUWD

,±3HGLGR
$VVLPVHUYHDSUHVHQWHSDUDUHTXHUHUGLJQHVH9RVVD([FHOrQFLD
D 2UGHQDU D FLWDomR GR H[HFXWDGR SDUD HP TXLQ]H  GLDV
VDWLVID]HU D REULJDomR HQWUHJDQGR D FRLVD VRE SHQD GH LPLVVmR QD
SRVVHRTXHGHVGHMiVHUHTXHUFRPIXQGDPHQWRQRVDUW†ž
GR &yGLJR GH 3URFHVVR &LYLO FXMR FXPSULPHQWR GHYH VH GDU GH
LPHGLDWRFDVRRH[HFXWDGRQmRHQWUHJXHRLPyYHOYROXQWDULDPHQWHQR
SUD]ROHJDOGHYHQGRR6U2ILFLDOGH-XVWLoDHQFDUUHJDGRGDGLOLJrQFLD
SHUPDQHFHU FRP R PDQGDGR D VHU H[SHGLGR SDUD HVVH PLVWHU
SRGHQGR R H[HFXWDGR TXHUHQGR HPEDUJDU QR SUD]R GH  GLDV
FRQWDGRV GD FLWDomR UHTXHUHQGRVH SRU ILP TXH VH GLJQH 9RVVD
([FHOrQFLDHPIL[DUPXOWDGLiULDGH5QRVWHUPRVGR†žGRDUW
 GR &yGLJR GH 3URFHVVR &LYLO VHP SUHMXt]R GD LPLVVmR FRHUFLWLYD
QDSRVVH
5HTXHUDLQGDRH[HTXHQWH
EH[SHGLomRGHFHUWLGmRGHGLVWULEXLomRGDSUHVHQWHH[HFXomRQRV
WHUPRVHSDUDDVILQDOLGDGHVGRDUWGR&yGLJRGH3URFHVVR&LYLO
DSHQDV VH R IXQGDPHQWR GD H[HFXomR IRU LQVWUXPHQWR S~EOLFR RX
SDUWLFXODUQmRUHJLVWUDGR
F H[SHGLomR GH PDQGDGR SDUD UHJLVWUR GR DWR GH FLWDomR GR
H[HFXWDGR±DSyVRVHXFXPSULPHQWR±MXQWRjUHVSHFWLYDPDWUtFXODGR
LPyYHOGHDFRUGRFRPRDUW,QžGD/HLGH5HJLVWURV3~EOLFRV


/HL  SDUD DGYHUWLU WHUFHLURV GH TXH R EHP HVWi VXE MXGLFH
GRTXDOGHYHFRQVWDUDDGDWDGDFLWDomREDTXDOLILFDomRFRPSOHWD
GDV SDUWHV F FySLD GD SHWLomR LQLFLDO TXH GHVGH Mi VH IRUQHFH G
GHVFULomR GR LPyYHO FRQIRUPH DTXHOD GR UHJLVWUR GRFXPHQWR  HP
DQH[RHYDORUGDSUHVHQWHH[HFXomR5SDUDIL[DomRGDVFXVWDV
HHPROXPHQWRV
G TXH R 6HQKRU 2ILFLDO GH -XVWLoD HQFDUUHJDGR GD GLOLJrQFLD
SURFHGD QRV GLDV H KRUiULRV GH H[FHomR &yGLJR GH 3URFHVVR &LYLO
DUW†ž
H GLJQHVH 9RVVD ([FHOrQFLD GH IL[DU OLPLQDUPHQWH RV KRQRUiULRV
SDUDDSUHVHQWHH[HFXomRQRVWHUPRVGRDUW†žGR&yGLJRGH
3URFHVVR &LYLO VHMD HVWD HPEDUJDGD RX QmR SDJDQGR DLQGD R
H[HFXWDGRDVGHVSHVDVSURFHVVXDLV
6XFHVVLYDPHQWH QmR VHQGR SRVVtYHO D H[HFXomR HVSHFtILFD LQ
QDWXUD QRV WHUPRV GR DUW  FDSXW GR &yGLJR GH 3URFHVVR &LYLO
UHTXHU R SURVVHJXLPHQWR GD H[HFXomR QHVVD HYHQWXDOLGDGH SRU
TXDQWLD FHUWD SHOR YDORU GH 5  FRQVWDQWH GR WtWXOR H[HFXWLYR
GRFXPHQWRDFUHVFLGRGHMXURVOHJDLVHFRUUHomRPRQHWiULD
,,±3URYDV
'DGD D QDWXUH]D GD DomR ID]VH D SURYD SHOR WtWXOR H[HFXWLYR
&yGLJRGH3URFHVVR&LYLODUW,,TXHLQVWUXLDSUHVHQWHH[RUGLDO
,,,±9DORUGDFDXVD
'iVHjSUHVHQWHRYDORUGH5
7HUPRV HP TXH FXPSULGDV DV QHFHVViULDV IRUPDOLGDGHV OHJDLV
GHYH D SUHVHQWH H[HFXomR VHU UHFHELGD H DILQDO DFROKLGD FRPR
PHGLGDGHLQWHLUD-XVWLoD
'DWD
$GYRJDGR2$%

10.4.IMPUGNAÇÃO AO PEDIDO DO EXECUTADO DE REUNIÃO DA

AÇÃO DE EXECUÇÃO COM AÇÃO DE CONHECIMENTO
(ANULATÓRIA)


 ([PR6U'U-XL]GH'LUHLWRGD
([HFXomRSDUDHQWUHJDGHFRLVDFHUWD±$XWRVQž
 Mi TXDOLILFDGR QRV DXWRV GD H[HFXomR SDUD HQWUHJD GH FRLVD
FHUWDTXHPRYHHPIDFHGHYHPUHVSHLWRVDPHQWHSHUDQWH9RVVD
([FHOrQFLDH[SRUHUHTXHUHURTXDQWRVHJXH
2 H[HFXWDGR DGX] HP VtQWHVH TXH ³DIRURX DomR GHFODUDWyULD GH
QXOLGDGHGHDWRMXUtGLFR´HPIDFHGRH[HTXHQWHHPTXHDFLWDomR
SDUDDSUHVHQWHDomRGHH[HFXomRVHGHXHPHSRUWDOUD]mRHP
YLUWXGHGH³FRQH[mR´VLF9RVVD([FHOrQFLDGHYHULD³DYRFDU´DDomR
RUGLQiULDSHUDQWHD9DUD&tYHOSDUDMXOJDPHQWRVLPXOWkQHR
5HTXHUDLQGDRH[HFXWDGRDODYUDWXUDGRWHUPRGHGHSyVLWRSDUD
DSUHVHQWDomRGHHPEDUJRV
1mR Ki R PtQLPR IXQGDPHQWR MXUtGLFR H OHJDO SDUD TXDOTXHU GDV
DEVXUGDVSUHWHQV}HVSHUSHWUDGDV
,±3UHWHQVDUHXQLmRGHDo}HVSDUDMXOJDPHQWRFRQMXQWR
(PYHUGDGHDFRUGHFRPRVPDQGDPHQWRVLQVFXOSLGRVQRVDUWV
HGR&yGLJRGH3URFHVVR&LYLODSDUWLUGDGLVWULEXLomRGHVWDDomR
H[HFXWLYD HP  WRGRV RV HIHLWRV GR DUW  SDVVDUDP D VHU
YHULILFDGRVYH]TXHKRXYHFLWDomRYiOLGDHP
'HPDLV GLVVR QmR Ki IDODUVH HP FRQH[mR GH DomR H[HFXWLYD FRP
DomR GH FRQKHFLPHQWR SRU XPD VLPSOHV UD]mR MXUtGLFD QmR Ki
MXOJDPHQWRGHPpULWRQDDomRGHH[HFXomR 
3UHOHFLRQD R JUDQGH /LHEPDQ GLIHUHQFLDQGR R SHGLGR GR SURFHVVR
GHFRQKHFLPHQWRGDTXHOHGRSURFHVVRGHH[HFXomRTXHVHEDVHLDQR
WtWXORH[HFXWyULR
4XHGHWHUPLQDLQTXHVWLRQDYHOPHQWH±SDUDRVHIHLWRVGDH[HFXomR
±DUHJUDVDQFLRQDGRUDTXHGHYHVHUHIHWLYDGDQmRFDEHPDLVDRMXL]
MXOJDU PDV VLPSOHVPHQWH UHDOL]DU DV DWLYLGDGHV GHFRUUHQWHV GR
FRQWH~GR GR WtWXOR 2 SHGLGR GR H[HTXHQWH YLVD SURYRFDU HVWDV
DWLYLGDGHV$WDUHIDGRMXL]FRQVLVWHDSHQDVHPUHDOL]iODV
$MXULVSUXGrQFLDpFODUDQHVVHVHQWLGR

6HJXQGR 7ULEXQDO GH $OoDGD &LYLO GH 6mR 3DXOR ³&RQH[mR ± GHVSHMR
FXPXODGR FRP FREUDQoD GH DOXJXHUHV HP IDFH GR ORFDWiULR H H[HFXomR


 FRQWUD R ILDGRU ± LQH[LVWrQFLD ,QH[LVWH FRQH[mR HQWUH DV Do}HV GH
H[HFXomR H GH GHVSHMR HVWD FXPXODGD FRP SHGLGR GH FREUDQoD GRV
DOXJXpLV LQDGLPSOLGRV ( LVWR SRUTXH QmR EDVWDVVH D GLYHUVLGDGH GDV
SDUWHV DSHQDV R FUHGRU ILJXUD FRPR VXMHLWR DWLYR HP DPERV RV
SURFHVVRV ILJXUDQGR FRPR SDVVLYRV UHVSHFWLYDPHQWH ILDGRU QR
SURFHVVR GH H[HFXomR H D H[ORFDWiULD QR GH FRQKHFLPHQWR WDPEpP
VmRWRWDOPHQWHGLVWLQWRVRVHOHPHQWRVREMHWLYRVHFDXVDLVGDVDo}HVHP
WHVWLOKD0DVPHVPRTXHFRQH[mRKRXYHVVHGHPRGRDOJXPDFDUUHWDULD
DUHXQLmRGRVSURFHVVRVSDUDRVILQVFROLPDGRVSHORDUWGR&yGLJR
GH 3URFHVVR &LYLO >DWXDO DUW @ MXOJDPHQWR µVLPXOWDQHXV SURFHVVXV¶
SHOD VLPSOHV UD]mR GH TXH LQH[LVWH QR SURFHVVR GH H[HFXomR WDO
MXOJDPHQWR GH PpULWR´ $SHO F 5HY Qž  ±  &kP ± UHO -XL]
$QWRQLR0DUFDWR±MHP
3ULPHLUR7ULEXQDOGH$OoDGD&LYLOGH6mR3DXOR³&RQH[mR±SUHWHQVmR
jUHXQLmRGHDo}HVGHH[HFXomRHGHFRQKHFLPHQWR±LPSRVVLELOLGDGH±
UHFXUVR GHVSURYLGR $QRWDo}HV GD &RPLVVmR QR PHVPR VHQWLGR $&
 UHODWRU 3LQKHLUR )UDQFR´ $JUDYR GH ,QVWUXPHQWR Qž 
±&kPDUD±±UHODWRU5DSKDHO6DOYDGRUXQkQLPH

,,±'HFXUVRLQDOELVGRSUD]RSDUDHQWUHJD
2XWURVVLP YHULILFDVH TXH QmR KRXYH D QHFHVViULD HQWUHJD TXH
SUHVVXS}HDGHVRFXSDomRRGHVDSRVVDPHQWRGREHPQRVWHUPRVGR
DUWGR&yGLJRGH3URFHVVR&LYLO
,,,±5HTXHULPHQWR
,VWR SRVWR UHTXHUVH R SURVVHJXLPHQWR GD SUHVHQWH H[HFXomR Mi
TXH QmR Ki IDODUVH HP UHXQLmR GRV SURFHVVRV SDUD MXOJDPHQWR
FRQMXQWRSRUDEVROXWDLQFRPSDWLELOLGDGHSURFHGLPHQWDO
6HQGR DVVLP GHFRUULGR LQ DOELV R SUD]R SDUD GHSyVLWR RX HQWUHJD
GREHPUHTXHURH[HTXHQWHDH[SHGLomRGRFRPSHWHQWHPDQGDGRGH
LPLVVmRQDSRVVHGRLPyYHOREMHWRGDSUHVHQWHH[HFXomRQRVWHUPRV
GRDUW†žGR&yGLJRGH3URFHVVR&LYLO
5HLWHUD DLQGD R SHGLGR FRQVWDQWH GR LWHP ³F´ GD H[RUGLDO
FRQVLVWHQWHQDH[SHGLomRGHPDQGDGRSDUDUHJLVWURGRDWRGHFLWDomR
GRH[HFXWDGRMXQWRjUHVSHFWLYDPDWUtFXODGRLPyYHOHPFRQVRQkQFLD
FRPRDUW,QžGD/HLGH5HJLVWURV3~EOLFRV/HL
SDUDDGYHUWLUWHUFHLURVGHTXHREHPHVWiVXEMXGLFH


 2EVHUYDVH TXH jV IOV  9RVVD ([FHOrQFLD GHFOLQRX TXH
DSUHFLDULDHVWHSHGLGRDSyVDFLWDomRTXHMiRFRUUHX
2XWURVVLPUHLWHUDWDPEpPRSHGLGRGRLWHP³G´GDLQLFLDOSDUDTXH
9RVVD ([FHOrQFLD IL[H RV KRQRUiULRV SDUD D SUHVHQWH H[HFXomR QRV
WHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLO
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

10.5.EXECUÇÃO DE OBRIGAÇÃO DE FAZER OU DE NÃO FAZER

([PR6U'U-XL]GH'LUHLWRGD
 YHP UHVSHLWRVDPHQWH SRU VHXV DGYRJDGRV H SURFXUDGRUHV
GRFXPHQWRSURSRUHPIDFHGHDFRPSHWHQWH
([HFXomRGHREULJDomRGHID]HURXGHQmRID]HU
FRP VXSHGkQHR QRV DUWV  H VHJXLQWHV GR &yGLJR GH 3URFHVVR
&LYLOHSHORVIDWRVHUD]}HVDVHJXLUH[SRVWRV

,±)DWRVHGLUHLWR
2 H[HTXHQWH ILUPRX FRP R H[HFXWDGR FRQWUDWR GH  PHGLDQWH R
TXDO HVWH VH REULJRX D  QR SUD]R GH  GLDV GRFXPHQWR 
FOiXVXOD
2X
2 H[HTXHQWH ILUPRX FRP R H[HFXWDGR FRQWUDWR GH  PHGLDQWH R
TXDOHVWHVHREULJRXDVHDEVWHUGHGRFXPHQWRFOiXVXOD
7UDWDVH SRUWDQWR GH WtWXOR H[HFXWLYR H[WUDMXGLFLDO OtTXLGR FHUWR H
H[LJtYHO&yGLJRGH3URFHVVR&LYLODUW,,FFRDUW
1DGD REVWDQWH RV HVIRUoRV GR H[HTXHQWH TXH WHQWRX
DPLJDYHOPHQWHRFXPSULPHQWRGDREULJDomRRH[HFXWDGRPDQWHYHVH
LUUHGXWtYHO
'LDQWHGRH[SRVWRQmRUHVWRXDOWHUQDWLYDDRFUHGRUVHQmRVRFRUUHU


VHGR3RGHU-XGLFLiULRRTXHID]SRULQWHUPpGLRGDSUHVHQWHDomRGH
H[HFXomR
,,±3HGLGR
$QWHRH[SRVWRUHTXHUQRVWHUPRVGRDUWHVHJXLQWHVGR&3&
RX  GR &3& SDUD DV REULJDo}HV GH QmR ID]HU D H[HFXomR GD
REULJDomRFRQWLGDQRFRQWUDWRDQH[RGRFXPHQWRFRPDFLWDomRGR
H[HFXWDGRSDUDTXHFXPSUDDREULJDomRGHQRSUD]RGHGLDV
DFRQWDUGDFLWDomRRXRXWURSUD]RTXHHVWHMXL]HQWHQGHUVHUFDEtYHO
VRESHQDGHPXOWDGLiULDDVHUIL[DGDSRU9RVVD([FHOrQFLDQRVWHUPRV
GRDUWGR&3&HVHDLQGDDVVLPQmRIRUFXPSULGDRGHIHULPHQWR
GHFXPSULPHQWRSHORH[HTXHQWHjFXVWDGRH[HFXWDGRQRVWHUPRVGR
DUWGR&3&RXHVHDLQGDDVVLPQmRIRUFXPSULGDTXH9RVVD
([FHOrQFLD PDQGH GHVID]HU j FXVWD GR H[HFXWDGR OLTXLGDQGRVH D
REULJDomR SHFXQLiULD QHVWHV DXWRV FRP R SURVVHJXLPHQWR GR
FXPSULPHQWRQDPRGDOLGDGHGHH[HFXomRSRUTXDQWLDFHUWD
,,±3URYDV
'DGD D QDWXUH]D GD DomR ID]VH D SURYD SHOR WtWXOR H[HFXWLYR
&yGLJRGH3URFHVVR&LYLODUW,,TXHLQVWUXLDSUHVHQWHH[RUGLDO
,,,±9DORUGDFDXVD
'iVHjSUHVHQWHRYDORUGH5
7HUPRV HP TXH FXPSULGDV DV QHFHVViULDV IRUPDOLGDGHV OHJDLV
GHYH D SUHVHQWH H[HFXomR VHU UHFHELGD H DILQDO DFROKLGD FRPR
PHGLGDGHLQWHLUD-XVWLoD
'DWD
$GYRJDGR2$%

10.6.EXECUÇÃO CONTRA A FAZENDA PÚBLICA

([PR6U'U-XL]GH'LUHLWRGD
 YHP UHVSHLWRVDPHQWH SRU VHXV DGYRJDGRV H SURFXUDGRUHV
GRFXPHQWRSURSRUHPIDFHGR0XQLFtSLRGHDFRPSHWHQWH
([HFXomR


 RTXHID]FRPVXSHGkQHRQRVDUWVHHGR&yGLJRGH
3URFHVVR&LYLOHSHORVIDWRVHUD]}HVDVHJXLUH[SRVWRV
2 H[HTXHQWH HP UD]mR GH FRQWUDWR GH  WtWXOR H[HFXWLYR
H[WUDMXGLFLDO QRV WHUPRV GR DUW  ,, GR &3& WRUQRXVH FUHGRU GD
H[HFXWDGDSHODTXDQWLDGH5FRQIRUPHFiOFXORDULWPpWLFRDQH[R
RXDEDL[RGHPRQVWUDGRTXHVHHQFRQWUDGHYLGDPHQWHDWXDOL]DGRDWp
DSUHVHQWHGDWDHPUHVSHLWRDRDUWGR&yGLJRGH3URFHVVR&LYLO
3ODQLOKDGLVFULPLQDGDGRGpELWRQDIRUPDGRDUW
'HVVDIRUPDDH[HFXWDGDGHYHDRH[HTXHQWHDTXDQWLDGH5
([ SRVLWLV H QD IRUPD GR DUW  GR &yGLJR GH 3URFHVVR &LYLO
UHTXHUVH D FLWDomR GD H[HFXWDGD QD SHVVRD GR VHX UHSUHVHQWDQWH
MXGLFLDO SDUD TXHUHQGR QR SUD]R GH  WULQWD GLDV H QRV SUySULRV
DXWRVRSRUHPEDUJRVjH[HFXomR
1mR HPEDUJDGD D H[HFXomR RX UHMHLWDGRV RV HPEDUJRV UHTXHU R
H[HTXHQWH GHVGH Mi VHMD RILFLDGR R 3UHVLGHQWH GR 7ULEXQDO SDUD
H[SHGLomRGHSUHFDWyULRHPIDYRUGRH[HTXHQWH&3&DUW†ž
2XWUDWDQGRVHGHSHTXHQRYDORU
1mR HPEDUJDGD D H[HFXomR RX UHMHLWDGRV RV HPEDUJRV UHTXHU R
H[HTXHQWHGHVGHMiDH[SHGLomRGHPDQGDGRGLULJLGRDRGHVFUHYHU
D DXWRULGDGH UHVSRQViYHO SHOR HQWH S~EOLFR QD SHVVRD GR VHX
UHSUHVHQWDQWH MXGLFLDO SDUD SDJDPHQWR QR SUD]R GH  GRLV PHVHV
PHGLDQWH GHSyVLWR QR %DQFR  WUDWDQGRVH GR EDQFR RILFLDO PDLV
SUy[LPR GD UHVLGrQFLD GR H[HTXHQWH QRV WHUPRV GR DUW  † ž ,,
GR&yGLJRGHSURFHVVR&LYLO
3URWHVWD SRU SURYDU R DOHJDGR DWUDYpV GR WtWXOR TXH HQVHMD D
YHUWHQWHH[HFXomR
7HUPRVHPTXHGDQGRjFDXVDRYDORUGH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

10.7.EXECUÇÃO DE ALIMENTOS


 ([PR6U'U-XL]GH'LUHLWRGD
 YHP UHVSHLWRVDPHQWH SRU VHXV DGYRJDGRV H SURFXUDGRUHV
GRFXPHQWRSURSRUHPIDFHGHDFRPSHWHQWH
([HFXomRGHDOLPHQWRV
RTXHID]FRPVXSHGkQHRQRVDUWVH††žDžGR&yGLJR
GH3URFHVVR&LYLOHSHORVIDWRVHUD]}HVDVHJXLUH[SRVWRV
3RU IRUoD GH HVFULWXUD S~EOLFD GH GLYyUFLR WtWXOR H[HFXWLYR
H[WUDMXGLFLDOQRVWHUPRVGRDUW,,GR&3&DH[HTXHQWHWRUQRXVH
FUHGRUD GR H[HFXWDGR SHOD TXDQWLD GH 5  FRQIRUPH FiOFXOR
DULWPpWLFR DQH[R RX DEDL[R GHPRQVWUDGR TXH VH HQFRQWUD
GHYLGDPHQWHDWXDOL]DGRDWpDSUHVHQWHGDWDQRVPROGHVHVWDEHOHFLGRV
QRUHIHULGRWtWXOR
3ODQLOKDGLVFULPLQDGDGRGpELWR
'HVVDIRUPDRH[HFXWDGRGHYHjH[HTXHQWHDTXDQWLDGH5
([ SRVLWLV H QD IRUPD GR DUW  FDSXW H SDUiJUDIR ~QLFR GR
&yGLJR GH 3URFHVVR &LYLO UHTXHUVH D FLWDomR GR H[HFXWDGR SRU
LQWHUPpGLRGHRILFLDOGHMXVWLoDSDUDHIHWXDURSDJDPHQWRGRTXDQWXP
GHPRQVWUDGRQRSUD]RGHWUrVGLDVVRESHQDGHSULVmRQRVWHUPRV
GR†žGRDUWGR&yGLJRGH3URFHVVR&LYLO
1mRHIHWXDGRRSDJDPHQWRUHTXHUVHGHVGHMiLQGHSHQGHQWHPHQWH
GDSULVmRRXGHQRYRSHGLGRDWRFRQWtQXRQRVWHUPRVGRDUW†
žGR&3&DH[SHGLomRGHPDQGDGRGHSHQKRUDHDYDOLDomRRX R
EORTXHLRGHDWLYRVILQDQFHLURVSHORVLVWHPD%DFHQMXG
3URWHVWD SRU SURYDU R DOHJDGR DWUDYpV GR WtWXOR TXH HQVHMD D
YHUWHQWHH[HFXomR
7HUPRVHPTXHGDQGRjFDXVDRYDORUGH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%


BBBBBBBBB

&OyYLV%HYLOiTXD&yGLJR&LYLO&RPHQWDGR5LRGH-DQHLUR)DQFLVFR$OYHVDUW


3ULPHLUR 7ULEXQDO GH $OoDGD &LYLO GH 6mR 3DXOR ³3URYD ± 'RFXPHQWR ±
3RVVHVVyULD±5HLQWHJUDomRGHSRVVH±-XQWDGDSHORVDXWRUHVGHHVFULWXUDHWtWXORV
GRPLQLDLV ± 'RFXPHQWRV TXH VHUYHP SDUD SURYDU R GRPtQLR PDV QmR D SRVVH ±
,PSURFHGrQFLD±6HQWHQoDPDQWLGD³$SHODomR&tYHO±6mR3DXOR±
&kPDUD±±UHO'RQDOGR$UPHOLQ±XQkQLPH±-7$
3ULPHLUR7ULEXQDOGH$OoDGD&LYLOGH6mR3DXOR³3RVVHVVyULD±5HLQWHJUDomRGH
SRVVH ± %HP LPyYHO REMHWR GH LQVWUXPHQWR SDUWLFXODU GH DGHVmR SURPHVVD GH
FHVVmRGHGLUHLWRVUHODWLYRVDIUDomRLGHDOGHWHUUHQR±,QRFRUUrQFLDGHFRQWUDWDomR
H[SUHVVD GH FOiXVXOD ³FRQVWLWXWL´ ± ,PSRVVLELOLGDGH WDPEpP GH VXD SUHVXQomR ±
$XVrQFLD DGHPDLV GH LQGLFDomR GD WUDQVIHUrQFLD GR FHVVLRQiULR FRPSUDGRU GD
SRVVH GD FRLVD ± ,QH[LVWrQFLD GH GLUHLWR SRVVHVVyULR ± &DUrQFLD UHFRQKHFLGD ±
([WLQomR GR SURFHVVR GHFUHWDGD ± 5HFXUVR GHVSURYLGR DOWHUDGR R GLVSRVLWLYR³
$SHODomR&tYHO±6mR-RVpGRV&DPSRV±&kPDUD±±
UHO(YDOGR9HUtVVLPR±XQkQLPH

2 GLUHLWR j SRVVH QHVVH WLSR GH DomR LPLVVmR QD SRVVH GHFRUUH GD FRQGLomR GH
DGTXLUHQWHDOHJDGDSHORDXWRURTXHSUHVVXS}HUHJLVWURLPRELOLiULRYiOLGRHHILFD]
2YtGLR$%DSWLVWDGD6LOYD$omRGH,PLVVmRGH3RVVH6mR3DXOR57S

7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³5HFRQYHQomR $omR GH FRQVLJQDomR HP
SDJDPHQWR 3HGLGR GH TXDQWLD FRUUHVSRQGHQWH D SDUWH GR SUHoR GH LPyYHO H
SUHVWDomRGHVHUYLoRVSRUEHQIHLWRULDV,QDGPLVVLELOLGDGH2EULJDomRTXHFRQVWDGH
WtWXOR H[HFXWLYR H[WUDMXGLFLDO 2EWHQomR GH WtWXOR MXGLFLDO SUHVFLQGtYHO )DOWD GH
LQWHUHVVH SURFHVVXDO $UW  LQF 9, GR &yGLJR GH 3URFHVVR &LYLO &DUrQFLD
GHFUHWDGD &DUHFH GH DomR SRU IDOWD GH LQWHUHVVH SURFHVVXDO TXHP DMXt]H XP
SURFHVVRGHFRQKHFLPHQWRPHUFrGDXWLOL]DomRGDDomRUHFRQYHQFLRQDOSDUDREWHU
D WXWHOD GH XPD SUHWHQVmR VXVFHWtYHO DSHQDV GH VHU SRVWD FRPR REMHWR GH XP
SURFHVVR GH H[HFXomR GDGD D Mi H[LVWrQFLD GH XP WtWXOR H[HFXWLYR H[WUDMXGLFLDO³
G$SHO&tYQž±6mR3DXOR±±5HO)UDQNOLQ1HLYD
³$DomRGHLPLVVmRQDSRVVHpFRQGHQDWyULDHQmRH[HFXWyULDFRPRTXHVXDH[HFXomR
VH VXEPHWH DR SURFHVVR GH H[HFXomR SDUD HQWUHJD GH FRLVD FHUWD FRPR RFRUUH QD
UHLYLQGLFDWyULD´5-7-(5*6±7KHRWRQLR1HJUmR&yGLJRGH3URFHVVR&LYLOH
OHJLVODomRFLYLOHPYLJRUHG6mR3DXOR6DUDLYD±DQRWDomRFDRDUW

7ULEXQDO GH $OoDGD GR 3DUDQi ³$omR GH H[HFXomR GH HQWUHJD GH FRLVD LQFHUWD
UHTXHULPHQWRSDUDWUDQVIRUPDomRHPH[HFXomRGHTXDQWLDFHUWD±YDORUGDFDXVD
GH 5  ± IL[DomR GH KRQRUiULRV DGYRFDWtFLRV HP  ± LQFLGrQFLD GR
GLVSRVWRQR†žGRDUWGR&yGLJRGH3URFHVVR&LYLO±UHFXUVRSURYLGRDILPGH
PDMRUDUDYHUEDKRQRUiULDSDUDVREUHRYDORUGRGHELWR(PDomRGHH[HFXomR
RVKRQRUiULRVDGYRFDWtFLRVGHYHPVHUIL[DGRVVHJXQGRR†žGRDUWGR&yGLJR


 GH 3URFHVVR &LYLO DWHQGLGDV DV DOtQHDV µD¶ µE¶ H µF¶ GR † ž ´ $JUDYR GH
,QVWUXPHQWRQž±-XL]5RQDOG6FKXOPDQ±D&kP&tY±±
$F±3XEOLF

6y KDYHULD SRVVLELOLGDGH GH UHXQLmR HP WHVH FRP D DomR LQFLGHQWDO GH HPEDUJRV
6XSHULRU 7ULEXQDO GH -XVWLoD ³([HFXomR SRU WLWXOR H[WUDMXGLFLDO FRQWUDWRV GH P~WXR
$MXL]DPHQWRGHDomRGH³UHYLVmR´GRVFRQWUDWRV6XVSHQVmRGDH[HFXomR$OHJDomRGH
RIHQVDDRVDUWV,9³D´>DWXDODUW9³D´@H,,>DWXDO,@GR&3&2
DMXL]DPHQWR GH DomR EXVFDQGR LQYDOLGDU FOiXVXODV GH FRQWUDWRV FRP HILFiFLD GH WtWXOR
H[HFXWLYRQmRLPSHGHTXHDUHVSHFWLYDDomRGHH[HFXomRVHMDSURSRVWDHWHQKDFXUVR
QRUPDO 2SRVWRV H UHFHELGRV HPEDUJRV GH GHYHGRU H DVVLP VXVSHQVR R SURFHVVR GD
H[HFXomR ± &3& DUW  , >DWXDO DUW  ,,@ ± SRGHUVHi FRJLWDU GD UHODomR GH
FRQH[mRHQWUHDDomRGHFRQKHFLPHQWRHDDomRLQFLGHQWDODRSURFHVVRH[HFXWyULRFRP
DUHXQLmRGRVSURFHVVRVGHDPEDVDVDo}HVSDUDLQVWUXomRHMXOJDPHQWRFRQMXQWRVQR
MXt]R SUHYDOHFHQWH 5HFXUVR (VSHFLDO QmR FRQKHFLGR 5HODWRU 0LQLVWUR $WKRV &DUQHLUR
3RU XQDQLPLGDGH QmR FRQKHFHU GR UHFXUVR´ 5HFXUVR (VSHFLDO Qž 56 ±
 ±  7XUPD ± '- GH  ± S  9HMD 57-  57-
5(VSQž67-5(VSQž67-


 ([PR6U'U-XL]GH'LUHLWRGD

'LVWULEXLomR SRU GHSHQGrQFLD j H[HFXomR GH WtWXOR H[WUDMXGLFLDO Q


 SRU VHXV DGYRJDGRV VXEVFULWRUHV FRQIRUPH LQVWUXPHQWR GH
PDQGDWRDQH[RGRFXPHQWRYHPUHVSHLWRVDPHQWHSHUDQWH9RVVD
([FHOrQFLDRSRUHPIDFHGHRVSUHVHQWHV
(PEDUJRVjH[HFXomRFRPSHGLGRGHHIHLWRVXVSHQVLYRDUW†
žGR&3&
RTXHID]FRPIXQGDPHQWRQRVDUWVHVHJXLQWHVGR&yGLJRGH
3URFHVVR&LYLOHSHORVPRWLYRVGHIDWRHGHGLUHLWRDVHJXLUH[SRVWRV
2 VXEVFULWRU LQVWUXL RV SUHVHQWHV HPEDUJRV FRP D FySLD LQWHJUDO
H[HFXomR TXH VH HPEDUJD GRFXPHQWR  GHFODUDQGRDV DXWrQWLFDV
QRVWHUPRVGR†žGRDUWGR&3&
,QVWD HVFODUHFHU TXH DR VHU FLWDGD QD SHVVRD GH VHX VyFLR R 6U
RILFLDO GH MXVWLoD R LQWLPRX SDUD RIHUHFHU EHP j SHQKRUD R TXH IRL
SURQWDPHQWHDWHQGLGR
6HJXH DVVLP D GHVFULomR GR LPyYHO LQGLFDGR GH SURSULHGDGH GR
H[HFXWDGRHFXMDPDWUtFXODVHDQH[DGRFXPHQWR
,±([HTXHQWHFDUHFHGRUGHWtWXOR
3UHOLPLQDUPHQWH FXPSUH LQIRUPDU TXH HVWD H[HFXomR GHYHULD WHU
VXD LQLFLDO LQGHIHULGD GH SURQWR DUW  , GR &3& WHQGR HP YLVWD
TXHRSOHLWRSDUDFREUDQoDGHFRPLVVmRGHFRUUHWDJHPQmRFRPSRUWD
H[HFXomRGHWtWXORH[WUDMXGLFLDOPDVDomRRUGLQiULDGHFREUDQoD
2XWURVVLP R HPEDUJDGR VH SDXWD HP ³LQVWUXPHQWR SDUWLFXODU GH
FRQWUDWR GH FRPSURPLVVR GH FRPSUD H YHQGD´ GR TXDO QmR IH] SDUWH
IOVGDH[HFXomR±GRFXPHQWR
2UD R LQVWUXPHQWR TXH VXSRVWDPHQWH HPSUHVWD VXSRUWH j YHUWHQWH


H[HFXomR VHTXHU WHYH R HPEDUJDGR FRPR SDUWH PDV DSHQDV FRPR
DQXHQWH IDOWDQGR DR H[HTXHQWH SRU HVWD UD]mR WtWXOR SDVVtYHO GH
H[HFXomR
'HPDLVDPDLVWUDWDQGRVHGHFRQWUDWRELODWHUDOHQmRGHPRQVWUDGR
RFXPSULPHQWRGDREULJDomRQHOHFRQWLGDGDWDPD[LPDYHQLDFDUHFH
DYHUWHQWHH[HFXomRGHWtWXORH[HFXWLYRH[WUDMXGLFLDO
$LQGD TXH R HPEDUJDGR VH IXQGH QD OHWUD LQFLVR ,, GR DUW  GR
&3& D FREUDQoD GH FRPLVVmR GH FRUUHWDJHP QmR HQFRQWUD VXSRUWH
HP WtWXOR GH REULJDomR OtTXLGD FHUWD H H[LJtYHO DIURQWDQGR DVVLP R
DUWGR&3&
'HPDLVGLVVRRHPEDUJDGRQmRIH]SURYDGRFXPSULPHQWRGDVVXDV
REULJDo}HVQDVXSRVWDTXDOLGDGHGHFUHGRUDUW,³G´GR&3&
$ MXULVSUXGrQFLD QmR GLYHUJH D HVWH UHVSHLWR R TXH VH LQIHUH GRV
MXOJDGRV TXH VH DQH[D H FXMDV HPHQWDV VmR DEDL[R WUDQVFULWDV
GRFXPHQWRVH

7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³&RQWUDWR GH FRUUHWDJHP $omR GH
H[HFXomR 7tWXOR H[HFXWLYR $XVrQFLD 'HFLVmR PDQWLGD 5HFXUVR
LPSURYLGR 1mR Ki IDODUVH QR FDVR HP WtWXOR H[HFXWLYR H[WUDMXGLFLDO D
UHVXOWDULQFRUUHWDDYLDHOHLWDSHORUHTXHUHQWH6HULDFDVRGHUHFODPDUR
FUpGLWR HP VHGH GH DomR GH FREUDQoD SUySULD´ 
±$SHODomR&RUUHWDJHP±5HODWRUD$UPDQGR7ROHGR
±&RPDUFD6mR3DXOR±ÏUJmRMXOJDGRU&kPDUDGH'LUHLWR3ULYDGR±
'DWDGRMXOJDPHQWR±'DWDGHUHJLVWUR
7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³([HFXomR GH WtWXOR H[HFXWLYR
H[WUDMXGLFLDO FRUUHWDJHP DXVrQFLD GH WtWXOR H[HFXWLYR OtTXLGR FHUWR H
H[LJtYHO &RQWUDWR ELODWHUDO TXH SDUD TXH SRVVD VHU WLGR FRPR WtWXOR
H[WUDMXGLFLDOGHSHQGHGDGHPRQVWUDomRGDFRQWUDSUHVWDomRGRFUHGRU,Q
FDVX FRQWUDSUHVWDomR GR FRUUHWRU TXH VH UHVXPH j SDUWLFLSDomR GH
SURSRVWD DFHLWD 3UHFHGHQWHV GR 67- TXH HQWHQGHP TXH WDLV
FLUFXQVWkQFLDV QmR FRQILJXUDP DSUR[LPDomR ~WLO D HQVHMDU GLUHLWR j
FRPLVVmR 1HJDGR SURYLPHQWR´  ±
$SHODomR&RUUHWDJHP ± 5HODWRUD +XJR &UHSDOGL ± &RPDUFD %DXUX ±
ÏUJmR MXOJDGRU  &kPDUD GH 'LUHLWR 3ULYDGR ± 'DWD GR MXOJDPHQWR
±'DWDGHUHJLVWUR

,VWR SRVWR WHQGR HP YLVWD D LQDGHTXDomR GD YLD HOHLWD SHOR


(PEDUJDGRUHTXHUVHMDHVWHGHFODUDGRFDUHFHGRUGDDomRH[HFXWLYD
GHYHQGRHVWH00-Xt]RH[WLQJXLUDYHUWHQWHH[HFXomR
,,±9HUGDGHGRVIDWRV
$H[HFXomRLQFDVXSDXWDVHHP
(VWDpDUHDOLGDGH
,,, ± 'LUHLWR ± IDOWD GH FRQGLomR GD DomR GH H[HFXomR ±
DXVrQFLDGHWtWXOR
$ H[HFXomR HPEDUJDGD SDGHFH SHOD DXVrQFLD GH VXD FRQGLomR
EiVLFDWHQGRHPYLVWDTXHRGRFXPHQWRTXHDIXQGDPHQWDVHWUDWDGH
³LQVWUXPHQWR SDUWLFXODU GH FRQWUDWR GH FRPSURPLVVR GH FRPSUD H
YHQGD´ IOV GD H[HFXomR ± GRFXPHQWR  TXH WHQGR R H[HTXHQWH
DSHQDVFRPRDQXHQWHQmRFRQILJXUDWtWXORH[HFXWLYRH[WUDMXGLFLDO
$LQGD TXH R HPEDUJDGR VH SDXWH QD OHWUD LQFLVR ,, GR DUW  GR
&3& D FREUDQoD GH FRPLVVmR GH FRUUHWDJHP REULJDWRULDPHQWH GHYH
IXQGDUVHHPWtWXORGHREULJDomROtTXLGDFHUWDHH[LJtYHOHPDWHQomR
DRDUWGR&3&
/RJR D YLD HOHLWD SHOR (PEDUJDGR p LQDGHTXDGD SRLV GHYHULD WHU
GLVWULEXtGRDomRRUGLQiULDGHFREUDQoD
'HVWDIHLWDDH[HFXomRGHYHVHUH[WLQWDKDMDDYLVWDDDXVrQFLDGH
FDUiWHU H[HFXWLYR DR GRFXPHQWR TXH D IXQGDPHQWD DUW  ,, GR
&3&
,9±(IHLWRVXVSHQVLYRSOHLWHDGR
2V HPEDUJRV j H[HFXomR GH WtWXOR H[WUDMXGLFLDO QmR VmR UHFHELGRV
VRE HIHLWR GHYROXWLYR YLD GH UHJUD HP UD]mR GR DUW  † ž GR
&yGLJR GH 3URFHVVR &LYLO PRVWUDQGRVH D VXD FRQFHVVmR HP
VLWXDo}HV H[FHSFLRQDLV H GHVGH TXH JDUDQWLGD D H[HFXomR SRU
SHQKRUDGHSyVLWRRXFDXomRVXILFLHQWH
¬ WRGD HYLGrQFLD QR SUHVHQWH FDVR R HPEDUJDGR XWLOL]D D YLD
LQDGHTXDGDSDUDFREUDURTXHHQWHQGHVHUOKHGHYLGR
2XWURVVLPREHPLPyYHOLQGLFDGRjSHQKRUDFXMDPDWUtFXODVHJXH
DQH[DGRFXPHQWRPRVWUDVHVXILFLHQWHDJDUDQWLUDH[HFXomR
$VVLP D VXVSHQVmR QmR WUDUi SUHMXt]RV DR HPEDUJDGR PDV R


SURVVHJXLPHQWRGDH[HFXomRQRVWHUPRVHPTXHIRLSURSRVWDFRORFDD
HPEDUJDQWH HPSUHVD VpULD DWXDQWH QD FRQVWUXomR H LQFRUSRUDomR
FLYLO Ki PDLV GH TXDUHQWD DQRV HP VLWXDomR GH ULVFR GH GLItFLO RX
LQFHUWDUHSDUDomRSRVWRTXHMiWHPVHXVQHJyFLRVSUHMXGLFDGRVSHOD
DWLWXGHGHVDLURVDGRHPEDUJDQWH
,VWRSRVWRDFRQFHVVmRGRHIHLWRVXVSHQVLYRFRPIXQGDPHQWRQR†
žGRDUWGR&3&pPHGLGDTXHVHLPS}HHGHVGHMiVHUHTXHU
9±3HGLGRV
$QWH WRGR R H[SRVWR SHOR UHFHELPHQWR GHVWHV (PEDUJRV j
([HFXomR QR HIHLWR VXVSHQVLYR UHTXHU VHMD R H[HTXHQWHHPEDUJDGR
GHFODUDGR FDUHFHGRU GDV FRQGLo}HV GD DomR GH H[HFXomR SRU
LQH[HTXLELOLGDGH GR WtWXOR H LQH[LJLELOLGDGH GD REULJDomR GHYHQGR D
YHUWHQWHH[HFXomRVHUH[WLQWDRTXHVHUHTXHUFRPVXSHGkQHRQRDUW
,GR&3&FRQGHQDQGRRHPEDUJDGRQDVFXVWDVHKRQRUiULRV
3URWHVWDVH SHOD SURGXomR GH WRGRV RV PHLRV GH SURYD HP GLUHLWR
DGPLWLGRV
7HUPRVHPTXHGDQGRjFDXVDRYDORUGH5
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%


 12.1.AGRAVO DE INSTRUMENTO – DECISÃO QUE NEGA
ANTECIPAÇÃO DE TUTELA (TUTELA DE URGÊNCIA/EVIDÊNCIA)

([PR6U'U'HVHPEDUJDGRU3UHVLGHQWHGR(7ULEXQDO
2ULJHP9DUD&tYHOGR )RUR3URFHVVR±3URFHGLPHQWR
FRPXP±5HVFLVmR5HVROXomR
$XWRUDJUDYDQWH
5pXVDJUDYDGRV
MiTXDOLILFDGDQRVDXWRVGDDomRGHUHVROXomRGHFRPSURPLVVR
GH FRPSUD H YHQGD SURFHVVR HP HStJUDIH TXH SURPRYH HP IDFH GH
 SRU VHXV DGYRJDGRV YHP UHVSHLWRVDPHQWH UHTXHUHU D
GLVWULEXLomRGRSUHVHQWH
$JUDYRGHLQVWUXPHQWR
RTXHID]FRPIXQGDPHQWRQRVDUWLJRVH,HVHJXLQWHVGR
&yGLJRGH3URFHVVR&LYLO
, ± 1RPH H HQGHUHoR FRPSOHWR GRV DGYRJDGRV &3& DUW
,9
2VDGYRJDGRVTXHIXQFLRQDPQRPHVPRVmRRVVHJXLQWHV
±3HORDJUDYDQWH
(QGHUHoR
±3HORVDJUDYDGRV
(QGHUHoR
,, ± -XQWDGD GDV SHoDV REULJDWyULDV H IDFXOWDWLYDV &3& DUW

-XQWDVHGHVGHORJRFySLDLQWHJUDOGRVDXWRVGHFODUDGDDXWrQWLFD
SHOR DGYRJDGR VXEVFULWRU GD SUHVHQWH QRV WHUPRV GR DUW  ,9 GR


&yGLJR GH 3URFHVVR &LYLO H HQWUH HODV DV VHJXLQWHV SHoDV
REULJDWyULDV
D &ySLD GD U GHFLVmR DJUDYDGD IOV ;;; GRV DXWRV LQWHJUDOPHQWH
UHSURGX]LGRV
E&ySLDGDFHUWLGmRGDLQWLPDomRGDUGHFLVmRDJUDYDGDIOV;;;
GRVDXWRVLQWHJUDOPHQWHUHSURGX]LGRV
F &ySLD GD SURFXUDomR H VXEVWDEHOHFLPHQWR RXWRUJDGR DRV
DGYRJDGRVIOV;;;GRVDXWRVLQWHJUDOPHQWHUHSURGX]LGRV
7HUPRV HP TXH UHTXHUHQGR R UHFHELPHQWR GDV LQFOXVDV UD]}HV
LQVWUXtGDVFRPDVSHoDVREULJDWyULDVHIDFXOWDWLYDVUHWURDSRQWDGDV
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%
2ULJHP

3URFHVVR±3URFHGLPHQWR&RPXP±5HVROXomR
3DUWHV&3&DUW,
5D]}HVGRUHFXUVR
(JUpJLRWULEXQDO
&ROHQGD&kPDUD
,±([SRVLomRGRIDWRHGRGLUHLWR&3&DUW,,HUD]}HV
GRSHGLGRGHUHIRUPDGDGHFLVmR&3&DUW,,,

)DWRV
$ SUHVHQWH GHPDQGD IXQGDVH SRUWDQWR QR GHVFXPSULPHQWR GD
REULJDomR GH SDJDU DV SDUFHODV GR SUHoR IDWR LQHTXtYRFR H
GHYLGDPHQWHFRPSURYDGRHPUD]mRGDUHJXODUQRWLILFDomRVHPFRQWDU
DV LQ~PHUDV WHQWDWLYDV LQH[LWRVDV GH GHPRYHU RV DJUDYDGRV D
VDOGDUHPVXDGtYLGD
'HVVDPDQHLUDQDH[RUGLDODDJUDYDQWHUHTXHUHXDDQWHFLSDomRGH
SDUWHGDWXWHODSUHWHQGLGDFRPIXQGDPHQWRQRVDUWVHVHJXLQWHVH
 GR &yGLJR GH 3URFHVVR &LYLO SDUD TXH IRVVH UHLQWHJUDGD QD


SRVVH GR LPyYHO HYLWDQGR PDLRUHV GDQRV TXH FHUWDPHQWH VHUmR GH
GLItFLOVHQmRLPSRVVtYHOUHSDUDomR
1DGDREVWDQWHVREUHYHLRDGHFLVmRDJUDYDGD
'HFLVmRDJUDYDGD

³ ± 9LVWRV 5HFHER SHWLomR FRPR DGLWDPHQWR GD LQLFLDO $QRWHVH D

DOWHUDomRGRYDORUGDFDXVD(PTXHSHVHDUHOHYkQFLDGRVIXQGDPHQWRV
MXUtGLFRV LQYRFDGRV ,1'(),52 R SHGLGR GH DQWHFLSDomR GH WXWHOD
IRUPXODGR SHOD UHTXHUHQWH SRLV DXVHQWHV WRGRV RV UHTXLVLWRV OHJDLV GR
DUWGR&3&KDYHQGRULVFRGHLUUHSDUDELOLGDGHGDPHGLGDFDVRVHMD
GHIHULGDGHVGHRLQtFLR´

'LUHLWRHUD]}HVGRSHGLGRGHUHIRUPD
eLQTXHVWLRQiYHOTXHRVDJUDYDGRVDGTXLULUDPLPyYHOGDDJUDYDQWH
PHGLDQWH SURPHVVD GH YHQGD H FRPSUD REULJDQGRVH HP
FRQWUDSDUWLGDDSDJDUSUHVWDo}HVPHQVDLVHFRQVHFXWLYDV
2FRUUH TXH PHVPR UHJXODUPHQWH QRWLILFDGRV D SXUJDU D PRUD
TXHGDUDPVHLQHUWHVWRUQDQGRVHLQDGLPSOHQWHV
3RUFRQVHJXLQWHQmRSDJDUDPDVSDUFHODVGHYLGDVHUHFXVDPVHD
TXDOTXHUWLSRGHDFRUGRORFXSOHWDQGRVHLQGHYLGDPHQWHGDSRVVHGR
LPyYHO
$ DXWRUD SRU RXWUR ODGR DUFD FRP R SUHMXt]R FDXVDGR SHORV UpXV
SRVWRTXHQHFHVVLWDGRLPyYHOSDUDDRPHQRVPLQLPL]DURVSUHMXt]RV
FDXVDGRVSHORLQTXHVWLRQiYHOGHVFXPSULPHQWRGDDYHQoD
9HULILFDVHTXHRVUpXVGHVGHQKRVDPHQWHFRQWDQGRFRPDSOHWRUD
GH IHLWRV TXH DVVREHUED R 3RGHU -XGLFLiULR R TXH FHUWDPHQWH
LQGHSHQGH GD YRQWDGH GH 9RVVD ([FHOrQFLD PDQWpP D SRVVH GR
LPyYHOHPFRPSOHWRORFXSOHWDPHQWRLOtFLWR
$QHFHVVLGDGHGHDQWHFLSDomRGDWXWHODSUHWHQGLGDUHLQWHJUDomRGH
SRVVH p PHGLGD TXH VH LPS}H QRWDGDPHQWH HP UD]mR GD
FDUDFWHUtVWLFD FRQGRPLQLDO GR LPyYHO REMHWR GR SHGLGR VHQGR FHUWR
TXH RV DJUDYDGRV LQFOXVLYH GHL[DUDP GH SDJDU DV GHVSHVDV
FRQGRPLQLDLVFRQIRUPHSURYDGRFXPHQWRDQH[R
'HPRQVWUDGR SRUWDQGR R SHULFXOXP LQ PRUD H D SUREDELOLGDGH GR
GLUHLWRPLVWHUVHID]DWXWHODGHXUJrQFLDFRPVXSHGkQHRDUWGR


&yGLJRGH3URFHVVR&LYLO
$SURYDTXHLQVWUXLXDLQLFLDOpUREXVWD
9HULILTXH9RVVD([FHOrQFLDDMXULVSUXGrQFLDSiWULDTXHWHPDGPLWLGR
UHPDQVRVDPHQWHDDQWHFLSDomRGHWXWHODQHVVHVFDVRV

7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³$JUDYR GH LQVWUXPHQWR

&RPSURPLVVRGHFRPSUDHYHQGD&RKDE635HVROXomR&RQWUDWXDOFF
UHLQWHJUDomRGHSRVVH3HGLGRGHDQWHFLSDomRGDWXWHODGHUHLQWHJUDomR
,QDGLPSOHPHQWR LQFRQWURYHUVR GD PXWXiULD 3UHHQFKLPHQWR GRV
UHTXLVLWRV GR DUWLJR  GR &3& >DWXDO DUW @ 'HFLVmR PDQWLGD
5HFXUVR ,PSURYLGR´  UHO -RVp -RDTXLP GRV
6DQWRV6mR3DXOR&kPDUDGH'LUHLWR3ULYDGRMHP'DWD
GHUHJLVWUR2XWURVQ~PHURV
7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³$QWHFLSDomR GD 7XWHOD 5HVFLVmR
FRQWUDWXDO 3DJDPHQWR SDUFLDO GR YDORU GH DTXLVLomR GR LPyYHO
([LVWrQFLDGHVLJQLILFDWLYRVGpELWRVUHIHUHQWHVDGHVSHVDVGHFRQGRPtQLR
HGH,PSRVWR3UHGLDOH7HUULWRULDO8UEDQR3UHHQFKLPHQWRGRVUHTXLVLWRV
DTXHVHUHIHUHRDUW,GR&yGLJRGH3URFHVVR&LYLO>DWXDODUW@
'HIHULPHQWRGDDQWHFLSDomRGDWXWHODSDUDSURQWDUHLQWHJUDomRGHSRVVH
$JUDYRSURYLGR´$JUDYRGH,QVWUXPHQWR±UHO
/XL] $QWRQLR GH *RGR\ ±  &kPDUD GH 'LUHLWR 3ULYDGR ± 'DWD GH
UHJLVWUR  ± 2XWURV Q~PHURV  

7ULEXQDOGH-XVWLoDGH6mR3DXOR³7XWHOD$QWHFLSDGD&RPSURPLVVRGH
FRPSUD H YHQGD 5HVFLVmR 5HLQWHJUDomR GH SRVVH $JUDYR GH
,QVWUXPHQWRPDQLIHVWDGRFRQWUDGHFLVmRTXHFRQFHGHDWXWHODDQWHFLSDGD
HP DomR GH UHVFLVmR GH FRPSURPLVVR GH FRPSUD H YHQGD WHQGR HP
YLVWD R QmR SDJDPHQWR SHOR FRPSURPLVViULR FRPSUDGRU Ki DQRV GDV
SUHVWDo}HV GHVSHVDV FRQGRPLQLDLV H ,378 GDQGR HQVHMR DR LQtFLR GD
H[HFXomR SDUD VDWLVIDomR GDV GHVSHVDV FRQGRPLQLDLV FRP GHVLJQDomR
GH SHoDV SDUD YHQGD GR DSDUWDPHQWR SHQKRUDGR 5HTXLVLWRV
DXWRUL]DGRUHV GD WXWHOD DQWHFLSDGD SUHVHQWHV 5HFXUVR QmR SURYLGR´
$JUDYRGH,QVWUXPHQWR±6mR3DXOR±&kPDUDGH'LUHLWR
3ULYDGRGR7ULEXQDOGH-XVWLoDGR(VWDGRGH6mR3DXO±YX±5HO'HV
0DUFRQGHV0DFKDGR±HP
7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³$omR GH UHVFLVmR &RPSURPLVVR
SDUWLFXODU GH FRPSUD H YHQGD GH LPyYHO D SUD]R FXPXODGD FRP
UHLQWHJUDomR GH SRVVH $QWHFLSDomR GH WXWHOD $GPLVVLELOLGDGH


 'HPRQVWUDGR TXDQWXP VDWLV GD H[LVWrQFLD GRV UHTXLVLWRV OHJDLV
SHUIHLWDPHQWH FDEtYHO p D FRQFHVVmR GH DQWHFLSDomR GH WXWHOD GH
UHLQWHJUDomR GH SRVVH SRVVH HVVD TXH QmR VH FRQIXQGH FRP SRVVH
YHOKD´GrVTXHFRQFHGLGDHPFDUiWHUSUHFiULR7RPDGDGHILQLWLYDOLPLQDU
TXH DXWRUL]RX D FRPSUDGRUD LQDGLPSOHQWH D UHWLUDU EHQV SHVVRDLV GR
LPyYHO 0DQWLGD D UHLQWHJUDomR 5HFXUVR SDUFLDOPHQWH SURYLGR´ $JUDYR
GH ,QVWUXPHQWR *XDUXMi ±  &kPDUD GH 'LUHLWR 3ULYDGR GR
7ULEXQDO GH -XVWLoD GR (VWDGR GH 6mR 3DXOR ±YX ± UHO 'HV 5HERXoDV
GH&DUYDOKR±HP

'H IDWR QD HVWHLUD GHVWHV MXOJDGRV p SUHFLVR YHULILFDU QRV WHUPRV
GD FOiXVXOD ;; GR FRQWUDWR IOV GRV DXWRV LQWHJUDOPHQWH
UHSURGX]LGRV TXH D UHLQWHJUDomR H D SRVVH SUHFiULD IRUDP
H[SUHVVDPHQWH SUHYLVWDV VHQGR DSHQDV DXWRUL]DGD D SHUPDQrQFLD
GRVDJUDYDGRVQDSRVVHVHHVWLYHVVHPHPGLDFRPDVREULJDo}HVTXH
DVVXPLUDP
,Q~PHURVRXWURVMXOJDGRVDOLQKDPVHQRPHVPRVHQWLGR

7ULEXQDOGH-XVWLoDGH6mR3DXOR ³7XWHOD DQWHFLSDGD 3RVVLELOLGDGH GH

DQWHFLSDomR GD WXWHOD SHQGHQWH GHFLVmR ILQDO HP DomR GH UHVFLVmR
FRQWUDWXDO FXPXODGD FRP SHUGDV H GDQRV H UHLQWHJUDomR GH SRVVH
'HFLVmRUHIRUPDGD5HFXUVRSURYLGR´$JUDYRGH,QVWUXPHQWR±
6mR 3DXOR ±  &kPDUD GH 'LUHLWR 3ULYDGR ± UHO $OH[DQGUH *HUPDQR ±
±YX
3ULPHLUR 7ULEXQDO GH $OoDGD &LYLO GH 6mR 3DXOR ³7XWHOD DQWHFLSDGD
3RVVHVVyULD 5HLQWHJUDomR GH SRVVH 3UHVHQoD GRV UHTXLVLWRV OHJDLV
QHFHVViULRV j DQWHFLSDomR SUHWHQGLGD UHYLVWRV QR DUWLJR  , GR
&yGLJR GH 3URFHVVR &LYLO >DWXDO DUW @ ,QFRQIXQGLELOLGDGH FRP R
SHGLGR GH OLPLQDU QmR WtSLFD GDV Do}HV SRVVHVVyULDV 7XWHOD GHIHULGD
5HFXUVRSURYLGR´$JUDYRGH,QVWUXPHQWR±6mR3DXOR±
&kPDUD±UHO&DPSRV0HOOR±MHP±'HFLVmRXQkQLPH
±57
7ULEXQDO GH $OoDGD GH 0LQDV *HUDLV ³5HLQWHJUDomR GH SRVVH
$QWHFLSDomR GD WXWHOD /LPLQDU 3URPHVVD GH FRPSUD H YHQGD 0RUD
&RPSURYDGD D PRUD GRV FRPSUDGRUHV D VXD SRVVH SDVVD TXDQGR
HVWDEHOHFLGR HP FRQWUDWR D VHU SUHFiULD VHQGR OtFLWR DR YHQGHGRU
DMXL]DU DomR GH UHLQWHJUDomR GH SRVVH FRP SHGLGR GH DQWHFLSDomR GH
WXWHODHFRQFHVVmRGHOLPLQDUFRPRLQWXLWRGHUHDYHUDSRVVHGRLPyYHO


 REMHWRGRFRQWUDWR´$JUDYRGH,QVWUXPHQWR±%HOR+RUL]RQWH
±&kPDUD&tYHO±UHO-XL]$OPHLGD0HOR±MHP±'HFLVmR
XQkQLPH
7ULEXQDO GH $OoDGD GR 5LR *UDQGH GR 6XO ³$omR GH UHVFLVmR GH
FRQWUDWRFXPXODGDFRPSHUGDVHGDQRVFRPSHGLGRGHWXWHODDQWHFLSDGD
GH UHLQWHJUDomR GH SRVVH GR HVWDEHOHFLPHQWR FRPHUFLDO 3RGH R
PDJLVWUDGR GHFLGLU QXP Vy H VXILFLHQWH PRPHQWR DTXLOR TXH DQWHV H
FRQVHUYDGRUDPHQWH HUD GHFLGLGR HP GRLV RX PDLV PRPHQWRV
SRVWHUJDQGR D SUHVWDomR MXULVGLFLRQDO HP IDYRU LQYDULDYHOPHQWH GR
LQDGLPSOHQWH GR GHYHGRU TXH VH EHQHILFLDYD LQMXVWLILFDGDPHQWH GD
PRURVLGDGH SURFHVVXDO +DYHQGR SURYD LQHTXtYRFD FRQYHQFHQGRVH R
PDJLVWUDGRGDYHURVVLPLOKDQoDGDDOHJDomRYHULILFDGRRIXQGDGRUHFHLR
GHGDQRLUUHSDUiYHORXGHGLItFLOUHSDUDomRSRGHVHUGHIHULGRRSHGLGRGH
DQWHFLSDomR SURYLVyULD GD WXWHOD GH UHLQWHJUDomR GH SRVVH GR
HVWDEHOHFLPHQWR FRPHUFLDO $JUDYR LPSURYLGR´ $JUDYR GH ,QVWUXPHQWR
 ±  ±  &kPDUD &tYHO ± UHO 9LFHQWH %DUURFR GH
9DVFRQFHORV

$PHGLGDTXHVHSOHLWHLDQRTXHWDQJHjDQWHFLSDomRGDWXWHODGH
UHLQWHJUDomR GH SRVVH GLIHUHQWHPHQWH GR TXH VXVWHQWD D GHFLVmR
DJUDYDGD QmR p LUUHYHUVtYHO SRVWR TXH D SRVVH SURYLVRULDPHQWH
FRQFHGLGD SRGH VHU UHYRJDGD D TXDOTXHU WHPSR FRQIRUPH Mi GHFLGLX
HVWH7ULEXQDO

7ULEXQDOGH-XVWLoDGH6mR3DXOR³&RQWUDWR&RPSURPLVVRGHFRPSUDH
YHQGD $omR GH UHVFLVmR FRQWUDWXDO $QWHFLSDomR GH WXWHOD
,QGHIHULPHQWR 3UHWHQVmR YLiYHO DQWH D FRPSURYDomR GD PRUD H D QmR
FRQILJXUDomRGDLUUHYHUVLELOLGDGHGDPHGLGD5HFXUVRSURYLGR´$JUDYRGH
,QVWUXPHQWR  ± 6mR 3DXOR ±  &kPDUD GH 'LUHLWR 3ULYDGR GR
7ULEXQDO GH -XVWLoD GR (VWDGR GH 6mR 3DXOR ± YX ± UHO 'HV &DUORV
5REHUWR*RQoDOYHV±HP
7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³$JUDYR 'HVSDFKR TXH LQDGPLWLX
SHGLGR GH WXWHOD DQWHFLSDGD HP DomR GH UHVFLVmR GH FRPSURPLVVR GH
FRPSUDHYHQGDFFDUHLQWHJUDomRGHSRVVH3UHVHQWHVRVSUHVVXSRVWRV
TXH DXWRUL]DP D FRQFHVVmR GH WDO EHQHItFLR 1mR FRQILJXUDGD D
LUUHYHUVLELOLGDGH GD PHGLGD 5HFXUVR SURYLGR´ $JUDYR GH ,QVWUXPHQWR
±6mR3DXOR±&kPDUDGH'LUHLWR3ULYDGR±UHO5X\&DPLOR
±±YX


 ,,±3HGLGR
7HQGR HP YLVWD R LQTXHVWLRQiYHO GLUHLWR GH D DJUDYDQWH REWHU D
SRVVH GR LPyYHO DQWH R LQDGLPSOHPHQWR GRV DJUDYDGRV UHTXHU D
DQWHFLSDomR GD SUHWHQVmR UHFXUVDO SDUD GHWHUPLQDU D LQFRQWLQHQWL
UHLQWHJUDomRGDDJUDYDQWHQDSRVVHGRLPyYHO&3&DUW,
$R ILQDO UHTXHU R DJUDYDQWH R SURYLPHQWR GHVWH UHFXUVR FRP D
UHIRUPD GD GHFLVmR DJUDYDGD GHWHUPLQDQGRVH RX FRQILUPDQGRVH D
LPHGLDWDUHLQWHJUDomRGDDJUDYDQWHQDSRVVHGRLPyYHO
,,,±5HTXHULPHQWR
,VWR SRVWR VHUYH D SUHVHQWH SDUD UHTXHUHU DR ,QVLJQH 5HODWRU TXH
GHWHUPLQH D LQWLPDomR GRV DJUDYDGRV &3& DUW  ,, SDUD
UHVSRQGHUQRSUD]ROHJDO
2X QD KLSyWHVH GH RV DJUDYDGRV DLQGD QmR WHUHP VLGR FLWDGRV
GHWHUPLQHDLQWLPDomRGRVDJUDYDGRV&3&DUW,,SRUFDUWD
FRP DYLVR GH UHFHELPHQWR QR HQGHUHoR FRQVWDQWH GR SUHkPEXOR
GHVWHUHFXUVRRXVHMDSDUDUHVSRQGHUQRSUD]ROHJDO
7HUPRV HP TXH FXPSULGDV DV QHFHVViULDV IRUPDOLGDGHV OHJDLV
SHGHHHVSHUDGHIHULPHQWRFRPRPHGLGDGHLQWHLUD-867,d$
'DWD
$GYRJDGR2$%

12.2.AGRAVO INTERNO

12.2.1. De decisão monocrática que dá provimento ao Recurso

Especial

([PR 6U 'U 0LQLVWUR 5HODWRU  GD  7XUPD GR &ROHQGR
6XSHULRU7ULEXQDOGH-XVWLoD
$XWRV5(VSQ
 SRU VHXV DGYRJDGRV VXEVFULWRUHV QRV DXWRV GR UHFXUVR
HVSHFLDO HP HStJUDIH LQWHUSRVWR SRU  YHP UHVSHLWRVDPHQWH
SHUDQWH9RVVD([FHOrQFLDGLDQWHGDUGHFLVmRPRQRFUiWLFDGHIOV


LQWHUSRURSUHVHQWH
$JUDYRLQWHUQR
R TXH ID] FRP IXQGDPHQWR QRV DUWLJRV  H  GR 5HJLPHQWR
,QWHUQR GHVWH ( 6XSHULRU 7ULEXQDO GH -XVWLoD  H VHJXLQWHV GR
&yGLJRGH3URFHVVR&LYLOHSHODVUD]}HVDVHJXLUDGX]LGDV
$DomRGDTXDOIRLH[WUDtGRRSUHVHQWHUHFXUVRVHUHVXPHDDomRGH
H[HFXomRGHWtWXORH[WUDMXGLFLDOSURPRYLGDSHODUHFRUUHQWHHPIDFHGR
RUD DJUDYDGR H VXD H[HVSRVD WHQGR DQRV DSyV VXD FLWDomR
EORTXHDGRGHVXDFRQWDFRUUHQWHYLQFXODGDDSRXSDQoD±RTXHQmRp
SRXSDQoD SURSULDPHQWH GLWD ± R PRQWDQWH GH  H67- IO SRU
GHFLVmRFRSLDGDDH67-IO
2 ' -Xt]R GH ž *UDX SURIHULX GHFLVmR QmR DFROKHQGR GD
LPSXJQDomR GR DJUDYDGR H67) IOV UHVSHFWLYDPHQWH WHQGR HOH
DSUHVHQWDGR R DJUDYR GH LQVWUXPHQWR TXH RULJLQD HVWH 5HFXUVR
(VSHFLDO
2DJUDYRIRLLPSURYLGRSHOR7ULEXQDO3DXOLVWDWHQGRHPYLVWDTXHR
RUDDJUDYDGRQmRORJURXr[LWRHPFRPSURYDUDLPSHQKRUDELOLGDGHGH
DOJR TXH QmR VH SUHVWD D VXD VREUHYLYrQFLD WDPSRXFR D
DSOLFDELOLGDGH GR GLVSRVLWLYR OHJDO TXHVWLRQDGR DUW  LQF ; GR
&3& SRLV VH FRQVWDWRX TXH D FRQWD GR DJUDYDGR VH WUDWD GH XPD
FRQWD IiFLO GR %DQFR  PRGDOLGDGH TXH LQWHJUD FRQWD FRUUHQWH H
FRQWD SRXSDQoD VRE R PHVPR Q~PHUR FRQVWLWXLQGR XPD IRUPD GH
UHPXQHUDomRHPFRQWDFRUUHQWHH67)IOV
$V SURYDV OHYDGDV DRV DXWRV GR DJUDYR LQVWUXPHQWDO GH RULJHP
IRUDPDQDOLVDGDVSHOR(7-63
,QFRQIRUPDGR R DJUDYDGR LQWHUS{V R SUHVHQWH 5HFXUVR (VSHFLDO
EXVFDQGR UHH[DPH GH PDWpULD IiWLFRSUREDWyULD SRLV UHYROYH SURYDV
GRV DXWRV H FRQIURQWD D SUHPLVVD IiWLFD HVWDEHOHFLGD SHOR ( 7-63
SDUD PRGLILFDU SHQKRUD HVWDEHOHFLGD SHOD LQVWkQFLD RUGLQiULD HP
IODJUDQWH FRQWUDULHGDGH DR HQWHQGLPHQWR GHVWH ([FHOVR 7ULEXQDO
QRWDGDPHQWHD6~PXODGHQGHVWD&RUWH³$SUHWHQVmRGHVLPSOHV
UHH[DPHGHSURYDQmRHQVHMDUHFXUVRHVSHFLDO´
2 GLVSRVLWLYR OHJDO TXHVWLRQDGR QDGD PHQFLRQD VREUH FRQWDV
FRUUHQWHVFRPUHQGLPHQWRVGHSRXSDQoD


 &3&$UW6mRLPSHQKRUiYHLV
;±DTXDQWLDGHSRVLWDGDHPFDGHUQHWDGHSRXSDQoDDWpROLPLWHGH
TXDUHQWDVDOiULRVPtQLPRV
1HVWH GLDSDVmR R HQWHQGLPHQWR GD MXULVSUXGrQFLD EDQGHLUDQWH p
HQIiWLFR

7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³([HFXomR 3HQKRUD &RQWD

SRXSDQoDLQWHJUDGDjFRQWDFRUUHQWH,QDSOLFDELOLGDGHGRDUWLJR;GR
&3& >DWXDO DUW  ;@ ,PSXJQDomR UHMHLWDGD $JUDYR LPSURYLGR $
SURWHomR OHJDO TXH DVVHJXUD D LPSHQKRUDELOLGDGH OLPLWDGD D TXDUHQWD
VDOiULRVPtQLPRVHPFDGHUQHWDGHSRXSDQoDQmRDOFDQoDDKLSyWHVHGH
FRQWD LQWHJUDGD FRUUHQWH H SRXSDQoD 1D YHUGDGH HOD QmR FRQVWLWXL
YHUGDGHLUDFDGHUQHWDGHSRXSDQoDPDVVLPSOHVIRUPDGHUHPXQHUDomR
GRV GHSyVLWRV HP FRQWDFRUUHQWH DVVHJXUDQGR LPHGLDWD GLVSRQLELOLGDGH
QD PHGLGD GH VXD XWLOL]DomR SHOR UHVSHFWLYR WLWXODU´  ±
$JUDYRGH,QVWUXPHQWR±5HODWRUD$QWRQLR5LJROLQ±&RPDUFD%DXUX±
ÏUJmR MXOJDGRU  &kPDUD GH 'LUHLWR 3ULYDGR ± 'DWD GR MXOJDPHQWR
±'DWDGHUHJLVWUR±FXPSULPHQWRGHVHQWHQoD

1DGDREVWDQWHDH[HJHVHGDLPSHQKRUDELOLGDGHSUHYLVWDQRDOXGLGR
GLVSRVLWLYR p D GH JDUDQWLU DR H[HFXWDGR D H[LVWrQFLD GH PHLRV GH
VXEVLVWrQFLD PHVPR HP FDVR GH YLU D WHU VHXV EHQV FRQVWULWRV SDUD
VDWLVIDomRGHGtYLGDH[HTXHQGDHQmRLPSRUWkQFLDVPDQWLGDVDILPGH
SURGX]LUUHQGDHQTXDQWRQmRHPSUHJDGDV
1R FDVR HP WHOD DR GDU LQWHUSUHWDomR H[WHQVLYD DR UHIHULGR WH[WR
OHJDO DIDVWDVH R EORTXHLR GH YDORUHV PDQWLGRV H IDYRUHFHQGR XPD
SDUWH QmR QHFHVVDULDPHQWH GHVLJXDO TXH VH YDOH GH WRGRV RV
H[SHGLHQWHV SRVVtYHLV H LPDJLQiYHLV SDUD IXUWDUVH DR FXPSULPHQWR
GHVXDVREULJDo}HV
'HVWDUWHHQWHQGHWDPEpPR(7-63

7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³$omR 0RQLWRULD ± (P IDVH GH
H[HFXomR±3HQKRUDRQOLQH±,PSXJQDomR±$OHJDomRGHTXHRVYDORUHV
EORTXHDGRV WrP FDUiWHU DOLPHQWDU ± ,QGHIHULPHQWR ± $XVrQFLD GH
FRPSURYDomRGRDOHJDGR±,QDSOLFDELOLGDGHGRDUWLJRLQFLVRV,9H;
GR &3& >DWXDO DUW  ,9 H ;@ 'HFLVmR PDQWLGD ± 5HFXUVR LPSURYLGR´
±$JUDYRGH,QVWUXPHQWR±5HODWRUD0DULR
GH 2OLYHLUD ± &RPDUFD 6mR 3DXOR ± ÏUJmR MXOJDGRU  &kPDUD GH


 'LUHLWR 3ULYDGR ± 'DWD GR MXOJDPHQWR  ± 'DWD GH UHJLVWUR
±2XWURVQ~PHURV

4XDQWR j GLIHUHQFLDomR HQWUH FDGHUQHWD GH SRXSDQoD H FRQWD

FRUUHQWH FRP UHQGLPHQWRV GH SRXSDQoD D GRXWULQD p FODUD QHVWD
H[LVWH D UHPXQHUDomR PHQVDO FRQMXJDGD FRP D SRVVLELOLGDGH GH
RUGHQV GH SDJDPHQWR SRU SDUWH GR FRUUHQWLVWD 'DQLOR 6LOYD %LWWDU
5HSHQVDQGRDLPSHQKRUDELOLGDGHGDFRQWDSRXSDQoD5HSHUWyULR,2%
GHMXULVSUXGrQFLDFLYLOSURFHVVXDOSHQDOHFRPHUFLDOQS
 ž TXLQ] MXQ  DR SDVVR TXH QDTXHOD R FOLHQWH HQWUHJD
TXDQWLD SHFXQLiULD j LQVWLWXLomR ILQDQFHLUD TXH DGTXLUH VXD
SURSULHGDGH H UHVWD REULJDGD D UHVWLWXtOD TXDQGR OKH IRU H[LJLGD
KDYHQGR UHPXQHUDomR GR SHUtRGR GH VXD SHUPDQrQFLD )iELR 8OKRD
&RHOKR 0DQXDO GH GLUHLWR FRPHUFLDO  HG UHY H DWXDO  S

,VWR SRVWR R UHFXUVR HVSHFLDO p PDQLIHVWDPHQWH FRQWUiULR DR DUW
;GR&3&VHMDSHODEXVFDLQDGPLVVtYHOGHUHH[DPHGHPDWpULD
IiWLFRSUREDWyULD 6~PXOD  GR ( 67- VHMD SHOD OHJDOLGDGH GD
GHFLVmR GH SULPHLUD LQVWkQFLD UD]mR SHOD TXDO UHTXHUVH DR 1REUH
0LQLVWUR 5HODWRU D UHFRQVLGHUDomR GD U 'HFLVmR PRQRFUiWLFD FRP
IXOFUR QR DUW  GR 5HJLPHQWH ,QWHUQR GHVWH 6XSHULRU 7ULEXQDO GH
-XVWLoDSDUDRILPGHQHJiORSURYLPHQWR
&DVR QmR VHMD HVWH R HQWHQGLPHQWR GH 9RVVD ([FHOrQFLD UHTXHU
VHMD R YHUWHQWH DJUDYR UHJLPHQWDO UHPHWLGR j &ROHQGD  7XUPD
GHVWH([FHOVR7ULEXQDODRTXDOVHUHTXHURSURYLPHQWRSDUDTXHVHMD
UHIRUPDGD D GHFLVmR PRQRFUiWLFD H DR ILQDO QHJDGR SURYLPHQWR DR
5HFXUVR(VSHFLDOLQWHUSRVWRDUWFDSXW5,67-
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

12.2.2. De decisão monocrática que nega seguimento ao Recurso

Especial


 ([PR 6U 'U 0LQLVWUR 5HODWRU  GD  7XUPD GR &ROHQGR
6XSHULRU7ULEXQDOGH-XVWLoD
$XWRV5(VSQ
 SRU VHXV DGYRJDGRV VXEVFULWRUHV QRV DXWRV GR UHFXUVR
HVSHFLDO HP HStJUDIH LQWHUSRVWR SRU  YHP UHVSHLWRVDPHQWH
SHUDQWH9RVVD([FHOrQFLDGLDQWHGDUGHFLVmRPRQRFUiWLFDGHIOV
LQWHUSRURSUHVHQWH
$JUDYRLQWHUQR
R TXH ID] FRP IXQGDPHQWR QRV DUWLJRV  H  GR 5HJLPHQWR
,QWHUQRGHVWH(6XSHULRU7ULEXQDOGH-XVWLoDDUWVHVHJXLQWHV
GR&yGLJRGH3URFHVVR&LYLOHSHODVUD]}HVDVHJXLUDGX]LGDV
,±2EMHWRGHVWHUHFXUVR
e REWHU D UHIRUPD GD U GHFLVmR LQWHUORFXWyULD TXH QmR DGPLWLX R
5HFXUVR (VSHFLDO RSRUWXQDPHQWH LQWHUSRVWR IOV GRV DXWRV
DGX]LQGR SDUD WDQWR TXH D R DFyUGmR REMHWR GR UHFXUVR LQWHUSRVWR
GHFLGLX GLDQWH GDV FLUFXQVWkQFLDV IiWLFDV SUySULDV GR SURFHVVR ½VXE
MXGLFH¾VHQGRFHUWRSRUHVWHSULVPDDWHUHPVHjVUD]}HVGRUHFXUVR
DXPDSHUVSHFWLYDGHUHH[DPHGHVVHVHOHPHQWRV
(QWUHPHQWHVHVVHQmRIRLRILPFROLPDGRSHORVDJUDYDQWHVQRVHX
5HFXUVR(VSHFLDOTXHDGHFLVmRDJUDYDGDQmRJXDUGDGDWDPD[LPD
YHQLDUHODomRFRPRUHFXUVRLQWHUSRVWRHVXDDGPLVVLELOLGDGHRTXH
VHGHPRQVWUDUi
,,±([SRVLomRGRGLUHLWR
&RPR DILUPDGR RV UHFRUUHQWHV PmH H ILOKRV VmR UpXV QD DomR HP
TXH VXD LUPm H WDPEpP ILOKD D UHFRUULGD TXHVWLRQD SRU UHSXWDU
LQRILFLRVDDGRDomRTXHVXDPmHOHYRXDHIHLWRDXPGRVILOKRV
2VUHFRUUHQWHVIRUDPYHQFHGRUHVHPSULPHLURJUDXGHMXULVGLomRH
VXUSUHHQGLGRV SHOD UHIRUPD WRWDO GD GHFLVmR PRQRFUiWLFD VH YLUDP
GLDQWH GH IODJUDQWH DIURQWD DR &yGLJR &LYLO /HL  GH  GH
MDQHLURGHTXHQRVHXDUWHVWDEHOHFH

³$UW1XODpWDPEpPDGRDomRTXDQWRjSDUWHTXHH[FHGHUjGHTXH
RGRDGRUQRPRPHQWRGDOLEHUDOLGDGHSRGHULDGLVSRUHPWHVWDPHQWR´


 &HUWR p TXH GLIHUHQWHPHQWH GR TXDQWR VXVWHQWDGR JHQHULFDPHQWH
SHODGHFLVmRRUDDJUDYDGDGH PDQHLUDDOJXPDKiRUHYROYLPHQWRGH
TXHVW}HVIiWLFDV
$R UHYpV D TXHVWmR WUDWDGD QR DFyUGmR H QR 5HFXUVR (VSHFLDO
LQWHUSRVWR p SXUDPHQWH MXUtGLFD RX VHMD D GH VDEHU VH UHFRUULGD
SRGHULD FRP VXSHGkQHR QR DUW  GR &yGLJR &LYLO DTXL
TXHVWLRQDGRVHRSRUDHYHQWXDOGRDomRLQRILFLRVDOHYDGDDHIHLWRSRU
VXDPmHRUDUHFRUULGDDQWHVGDDEHUWXUDGDVXFHVVmR
2EVHUYHVH TXH R IXQGDPHQWR GR 5HFXUVR (VSHFLDO HP UD]mR GD
QHJDWLYDGHYLJrQFLDHLQWHUSUHWDomRGDWDYHQLDHTXLYRFDGDGRGLUHLWR
OiDJLWDGRpDLQIHUrQFLDTXHVHH[WUDLGRDUWGR&yGLJR&LYLOFXMD
FRUUHWD LQWHUSUHWDomR QmR HPSUHHQGLGD ODPHQWDYHOPHQWH SHOR
DFyUGmR UHFRUULGR LQGLFD TXH DQWHV GD GHODomR GD KHUDQoD QmR Ki
SDUWLOKDQHPPRQWHSDUWtYHOQHP³GHFXMXV´HWDPSRXFROHJtWLPDGH
WDO VRUWH TXH ILOKR DOJXP GD UHFRUUHQWH SRGHULD UHLYLQGLFDU TXDOTXHU
FRLVDUHODWLYDjKHUDQoDSRLVQmRKiKHUDQoDPDVSDWULP{QLR
/RJRDTXHVWmRDTXLGLVFXWLGDpWLSLFDPHQWHREMHWRGDDQJXVWDYLD
GR5HFXUVR(VSHFLDO
$FUHVFHQWHVHDUHOHYkQFLDGRTXHDTXLVHWUDWDSRVWRTXHRGLUHLWR
GH SURSULHGDGH GD UHFRUUHQWH GRDGRUD PmH GD DXWRUD RUD UHFRUULGD
QmRSRGHVHUWUDWDGRFRPRVHIRVVHHODD³GHFXMXV´
(OD HVWi YLYD H VHUi HOD WLWXODU GH VHXV EHQV H JHVWRUD GH VHX
SDWULP{QLR GHOHV GLVSRQGR OLYUHPHQWH DWp R PRPHQWR GH VXD PRUWH
LQFOXVLYH DMXGDQGR RX SUHPLDQGR TXHP OKH DSURXYHU VHP WHU TXH
SUHVWDU FRQWDV GH VHXV DWRV D ILOKRV UHVVHQWLGRV UHYHODQGROKHV H
WRUQDQGRS~EOLFRVVHXVQHJyFLRVULVFRVIUDFDVVRVRXVXFHVVRV
,PSRVVtYHO SRUWDQWR VXVWHQWDU TXH R UHFXUVR DGHUH D TXHVW}HV GH
QDWXUH]D IiWLFD QD PHGLGD HP TXH VH TXHVWLRQD D SRVVLELOLGDGH RX
QmR FRP IXQGDPHQWR QR GLVSRVLWLYR GH OHL IHGHUDO YLRODGR && DUW
 GH GLVFXWLU LQRILFLRVLGDGH GH GRDomR GH SDL SDUD ILOKR DQWHV GD
DEHUWXUDGDVXFHVVmR
&RPR VH VXVWHQWRX DOKXUHV QR UHFXUVR FXMR VHJXLPHQWR VH QHJD
QmR p GH KRMH TXH D GRXWULQD LQWHUSUHWDQGR R DUW  GR &yGLJR
DQWHULRUHTXLYDOHQWHDRDUWGRDWXDO&yGLJR&LYLODTXLWLGRFRPR


YLRODGRHQVLQDDLPSRVVLELOLGDGHGDGLVFXVVmRRUDWUDYDGDDQWHVGD
DEHUWXUDGDVXFHVVmRGRGRDGRU
eHVWDDOLomRTXHLQoDGDYHWXVWDGRXWULQDGH,WDEDLDQDGH2OLYHLUD
VHJXQGRRTXDO

³D UHGXomR GDV GRDo}HV µLQWHU YLYRV¶ QD SDUWH LQRILFLRVD VRPHQWH SRGH
VHU SHGLGD SHORV KHUGHLURV QHFHVViULRV ( '(32,6 '$ 0257( '2
'2$'25 SURFHGHQGRVH SDUD HVVH ILP DR UHVSHFWLYR LQYHQWiULR GRV
EHQV SHUWHQFHQWHV DR µGH FXMXV¶ LQFOXVLYH DRV GRDGRV FRPSXWDGR R
YDORUGHVWHVDRWHPSRGDGRDomRSRUTXHpHVVDpSRFDDTXHVHUHIHUHR
DUWGR&yG&LYLOTXDQWRjLQRILFLRVLGDGHHQmRjpSRFDGDPRUWH
GR GRDGRU´ 7UDWDGR GH 'LUHLWR GDV 6XFHVV}HV  HG DWXDOL]DGD SHORV
'rV 'pFLR ,WDEDLDQD 3DXOR 'RXUDGR GH *XVPmR H 3DXOR 3LQWR 5LR GH
-DQHLUR)UHLWDV%DVWRVS

&DUYDOKR6DQWRVDGYHUWLX

³DUHGXFomRVySRGHUiVHUSOHLWHDGDDSyVDDEHUWXUDGDVXFFHVVmRHP
YLUWXGH GD TXDO WHUi R OHJLWLPiULR GLUHLWR j OHJLWLPD HP SULPHLUR ORJDU
SRUTXHQmRKDYHQGRKHUDQoDGHSHVVRDYLYDQmRSRGHULDKDYHUOHJtWLPD
QHPWDPSRXFRDFomRGHUHGXomRYLVDQGRLQWHJUiODHPVHJXQGRORJDU
SRUTXH HP YLGD GDTXHOOH GH TXHP SUHWHQGHP KHUGDU QmR SRGHP RV
SUHVXPLGRV OHJLWLPDULRV LPSHGLU TXDOTXHU DFFWR TXH HOOH TXHLUD SUDWLFDU
DOOHJDQGR TXH SRVVD LPSOLFDU RX TXH LPSOLFD UHDOPHQWH HP OHVmR
LUUHSDUiYHO DR VHX GLUHLWR i OHJLWLPD QHP LQWHUYLU HP RXWURV DFWRV SDUD
UHFRQKHFHUVLVmRVLQFHURVRXVLPXODGRVHVLSRULVVRSRGHPRXQmR
H[SRU D SHULJRV H SUHMXL]RV RV VHXV SRVVtYHLV GLUHLWRV QHP HQILP
SUDWLFDU DFWRV FRQVHUYDWRULRV´ FI - 0 GH &DUYDOKR 6DQWRV &yGLJR
&LYLO%UDVLOHLUR,QWHUSUHWDGRHG5LRGH-DQHLUR)UHLWDV%DVWRV
YRO;;,9S

$ILQDOLGDGHVRFLDOGDQRUPDpIUHDURVtPSHWRVGHKHUGHLURVDIRLWRV
TXH DSyV HVEDQMDU RX GLVVLSDU SRU VXD SUySULD LQDELOLGDGH RX
SURGLJDOLGDGHRVEHQVTXHUHFHEHUDPFRQWUDRVSDLVOLWLJDUmRFRPR
RFRUUH QR YHUWHQWH FDVR PRWLYDGRV SHOR ³JRVWR SHOR yFLR RX SHORV
UHJDORVGDYLGDIiFLOFRQVHTXrQFLDGDH[SHFWDWLYDGHJRUGDKHUDQoD
FRPR VXVWHQWD /DFHUGD 'H $OPHLGD´ &DUYDOKR 6DQWRV RE FLW YRO
;;,,S
1HVWH VHQWLGR p TXH Ki PXLWR WHPSR R 6XSUHPR 7ULEXQDO )HGHUDO


UHVROYHQGRFDVRGHGRDomRLQRILFLRVD5(GRTXDOIRLUHODWRU
R HPLQHQWH 0LQ +DKQHPPDQ *XLPDUmHV Mi DVVHQWDYD H SURFODPDYD
TXH

³SHUWHQFHQGR DRV KHUGHLURV QHFHVViULRV D DomR SDUD DQXODU D GRDomR

LQRILFLRVDVypDGPLVVtYHOGHSRLVGDPRUWHGRGRDGRU´eTXHQmRSRGH
HP YLGD XP ILOKR SUHWHQGHU DQXODU GRDomR IHLWD SHOR SDL D XP GH VHXV
LUPmRV 7DO IDWR p WmR FRPH]LQKR SRLV QmR SRGHULD R ILOKR GLVSXWDU XPD
KHUDQoDTXHDLQGDQmRH[LVWLD´FI-XULVSUXGrQFLD%UDVLOHLUDYROS
D

3RUWDQWR GH DFRUGR FRP D FRUUHWD LQWHUSUHWDomR GR DUW  GR

&yGLJR &LYLO TXH VH SOHLWHLD QR UHFXUVR FXMR VHJXLPHQWR IRL QHJDGR
SHODGHFLVmRUHFRUULGDVREDUJXPHQWRGHVHWUDWDUGHTXHVWmRGHIDWR
VHDQWHVGDPRUWHGRGRDGRUpLPSRVVtYHODIHULUVHDOHJtWLPDSRUQmR
H[LVWLUPRQWHSDUWtYHOHSRUVHUYHGDGRGLVSXWDUDKHUDQoDGHSHVVRD
YLYDIRUoRVRpFRQFOXLUTXHDRFRQWUiULRGDSiOLGD³WHVH´VXVWHQWDGD
SHORDFyUGmRUHFRUULGRDDomRGHTXDOTXHUKHUGHLURQHFHVViULRSDUD
DQXODUGRDomRLQRILFLRVD³VRPHQWHSRGHVHUDGPLWLGDDSyVRyELWRGR
GRDGRU´
'LDQWH GR H[SRVWR QmR Ki IDODUVH HP DQiOLVH IiWLFD FRPR
HTXLYRFDGDPHQWH ID] FUHU D IXQGDPHQWDomR GD QHJDWLYD GH
VHJXLPHQWRGR5HFXUVR(VSHFLDO
7UDWDVHGHYHUGDGHLUDQHJDWLYDGHYLJrQFLDGH/HL)HGHUDO&&DUW

3RUWDQWR QmR Ki FRPR GHL[DU GH UHFRQKHFHU TXH R 5HFXUVR
(VSHFLDOHPYHUGDGHHVWiIXQGDPHQWDGRQRLQFLVR,,,³D´GRDUW
GD &RQVWLWXLomR )HGHUDO ID]HQGRVH PLVWHU VHX FRQKHFLPHQWR H
SURYLPHQWR
,,,±3HGLGR
(P UD]mR GR H[SRVWR UHTXHUVH DR 1REUH 0LQLVWUR 5HODWRU D
UHFRQVLGHUDomR GD U 'HFLVmR PRQRFUiWLFD FRP IXOFUR QR DUW  GR
5HJLPHQWH ,QWHUQR GHVWH 6XSHULRU 7ULEXQDO GH -XVWLoD SDUD R ILP GH
GDUSURYLPHQWRDRUHFXUVR
&DVR QmR VHMD HVWH R HQWHQGLPHQWR GH 9RVVD ([FHOrQFLD UHTXHU


VHMD R YHUWHQWH DJUDYR LQWHUQR UHPHWLGR j &ROHQGD 7XUPD GHVWH
([FHOVR7ULEXQDOHTXHDHOHVHMDGDGRSURYLPHQWRSDUDDSUHFLDomRH
DFROKLPHQWRGR5HFXUVR(VSHFLDO,QWHUSRVWRDUWFDSXW5,67-
,9±5HTXHULPHQWR
,VWR SRVWR VHUYH D SUHVHQWH SDUD UHTXHUHU D 9 ([FHOrQFLD TXH
SURWRFRODGDHVWDSHWLomRQD6HFUHWDULDGHVVH(J7ULEXQDOLQWLPHVHD
DJUDYDGDSDUDUHVSRQGHUTXHUHQGRQRSUD]RGHGH]TXLQ]HGLDV
FXPSULGDVDVQHFHVViULDVIRUPDOLGDGHVOHJDLV
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

12.3.EMBARGOS DE DECLARAÇÃO

([PR6U'U-XL]GH'LUHLWRGD
3URFHVVRQ
SRUVHXVDGYRJDGRVQRVDXWRVGDTXHOKHPRYHHP
WUkPLWH SHUDQWH HVVH H -Xt]R YHP UHVSHLWRVDPHQWH j SUHVHQoD GH
9RVVD([FHOrQFLDDSUHVHQWDUWHPSHVWLYDPHQWH
(PEDUJRVGHGHFODUDomR
RTXHID]FRPIXQGDPHQWRQRDUWLJR,,,HRX,,,GR&yGLJRGH
3URFHVVR&LYLOHSHODVUD]}HVDVHJXLUDGX]LGDV
,±2EMHWRGHVWH5HFXUVR
eREWHURHVFODUHFLPHQWRGDUGHFLVmRSURIHULGDQRVVHJXLQWHV
WHUPRVIOV
,VWR SRUTXH ³GDWD YHQLD´ FHUWDPHQWH GH IRUPD LQYROXQWiULD D
GHFLVmR FRP WRGR UHVSHLWR SUHFLVD VHU HVFODUHFLGD SRVWR TXH Ki
REVFXULGDGHFRQWUDGLomRHRXRPLVVmRWHQGRHPYLVWDTXH
$VVLP IDOWRX LQFOXVLYH D QHFHVViULD IXQGDPHQWDomR H[LJLGD SHOR
DUW†žGR&yGLJRGH3URFHVVR&LYLO


 'HVWD IRUPD FRQIRUPH VH YHULILFD GRV WUHFKRV GHVWDFDGRV QR
GHFLVyULRHDFLPDFRSLDGRVQmRUHVWDFODURHPEDUJDQWH
$VVLP PLVWHU VH ID] VDQDU DV REVFXULGDGHV RPLVV}HV H
FRQWUDGLo}HV H[LVWHQWHV QD GHFLVmR H EHP DVVLP FRUULJLU R HUUR
PDWHULDOVXVRDSRQWDGR
,,±3HGLGR
3HOR H[SRVWR p D SUHVHQWH SDUD FRP IXQGDPHQWR QR DUWLJR  ,
GR &3& UHTXHUHU VHMDP VDQDGDV DV REVFXULGDGHV H FRQWUDGLo}HV
VXVRDSRQWDGDV
,,,±5HTXHULPHQWR
,VWRSRVWRUHTXHURHPEDUJDQWH
D QRV WHUPRV GR DUW  † ž GR &yGLJR GH 3URFHVVR &LYLO D
LQWLPDomR GR HPEDUJDGR QD SHVVRD GR VHX DGYRJDGR SDUD
UHVSRQGHU QR SUD]R OHJDO GH  FLQFR GLDV WHQGR HP YLVWD TXH R
HYHQWXDODFROKLPHQWRLPSOLFDUiQDDOWHUDomRGRGLVSRVLWLYR
EDRILQDOTXH9RVVD([FHOrQFLDVHGLJQHHPDFROKHURVHPEDUJRV
GDQGROKHVSURYLPHQWRSDUD
7HUPRV HP TXH FXPSULGDV DV QHFHVViULDV IRUPDOLGDGHV OHJDLV
SHGHHHVSHUDRUHFHELPHQWRHSURYLPHQWR
'DWD
$GYRJDGR2$%

12.4.APELAÇÃO

([PR6U'U-XL]GH'LUHLWRGD9DUD&tYHOGR)RUR

3URFHVVRQ
 Mi TXDOLILFDGDV QRV DXWRV GD DomR GH UHVROXomR FRQWUDWXDO SRU
LQDGLPSOHPHQWRTXHPRYHHPIDFHQmRVHFRQIRUPDQGRFRPDU
VHQWHQoD SURIHULGD TXH LQGHIHULX D SHWLomR LQLFLDO YHP GHOD DSHODU
SHODV UD]}HV DQH[DV ,VWR SRVWR MXQWDQGR R FRPSURYDQWH GR
SDJDPHQWR GR SUHSDUR &3& DUWLJR  UHTXHU GLJQHVH 9RVVD
([FHOrQFLD GH UHFHEHU HVWH UHFXUVR UHPHWHQGR RV DXWRV j VHJXQGD


LQVWkQFLDFXPSULGDVDVQHFHVViULDVIRUPDOLGDGHVOHJDLVFRPRPHGLGD
GHLQWHLUDMXVWLoD
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%
2ULJHP9DUD&tYHOGR)RUR
3URFHVVRQž
$SHODQWH
$SHODGR
5D]}HVGHDSHODomR
(JUpJLR7ULEXQDO
ËQFOLWRV-XOJDGRUHV
([SRVLomRGRIDWRHGRGLUHLWR&3&DUW,,
,±3UHOLPLQDUPHQWH
1RFXUVRGDLQVWUXomRDDSHODQWHUHTXHUHXTXHR-Xt]RDTXRQDGD
REVWDQWH R UHTXHULPHQWR TXH IH] GLUHWDPHQWH j 0XQLFLSDOLGDGH
RILFLDVVH R 3RGHU 3~EOLFR SDUD TXH LQIRUPDVVH QRV DXWRV D D
LQH[LVWrQFLD GH TXDOTXHU SDUWLFLSDomR GD DSHODQWH FRPR ORWHDGRUD GR
HPSUHHQGLPHQWR
2 -Xt]R D TXR SRU GHFLVmR LQWHUORFXWyULD LUUHFRUUtYHO LQGHIHULX R
SHGLGR H GHWHUPLQRX TXH D DSHODQWH FRPSURYDVVH GH RXWUR PRGR D
SURYDQHJDWLYD
$RGHSRLVPHVPRVHPDJXDUGDUDVSURYLGrQFLDVGDRUDDSHODQWHH
PHVPR TXH HVWD WLYHVVH FRPSURYDGR QRV DXWRV TXH VROLFLWRX D
UHIHULGDFHUWLGmRRSURFHVVRIRLH[WLQWRRTXHDJRUDGHVDILDRYHUWHQWH
UHFXUVR
1DGD REVWDQWH QRV WHUPRV GR DUW  † ž GR &yGLJR GH
3URFHVVR &LYLO UHTXHU D UHIRUPD GDTXHOD GHFLVmR GHWHUPLQDGRVH D
H[SHGLomRGHRItFLRSDUDD0XQLFLSDOLGDGHFRPRLQWXLWRGHVWDLQIRUPDU
GLUHWDPHQWHRMXt]RDFHUFDGDVXDSDUWLFLSDomRDLQGDTXHLQGLUHWDQR
LQGLJLWDGRSDUFHODPHQWR


 ,,±0pULWR
$UVHQWHQoDGHIOVGDWDYHQLDPHUHFHUHIRUPD
6HQmRYHMDPRV(PDDSHODQWHDGTXLULXDWUDYpVGH,QVWUXPHQWR
3DUWLFXODUGH3URPHVVDGH9HQGDH&RPSUDGHQWUHRXWURVRORWHGH
WHUUHQRVRERQžGD4XDGUDQžGRORWHDPHQWRGHQRPLQDGR
VLWXDGRQR0XQLFtSLRGH
$HPSUHVDIRLTXHPLPSODQWRXHFRPHUFLDOL]RXRORWHDPHQWR
VHQGRHODDORWHDGRUDGRHPSUHHQGLPHQWRHQmRDDSHODQWH
3RVWD DVVLP D TXHVWmR D DSHODQWH p PHUD DGTXLUHQWH GR ORWH
SUHFLWDGR
3RUWDQWR QHVVD TXDOLGDGH WHQGR DGTXLULGR R LPyYHO GD ORWHDGRUD
HP  D DSHODQWH FHGHXR DWUDYpV GH ³,QVWUXPHQWR 3DUWLFXODU GH
3URPHVVD GH &HVVmR 3DUFLDO GH 'LUHLWRV 'HFRUUHQWHV GH &RQWUDWR
3DUWLFXODU GH 3URPHVVD GH &HVVmR GH 'LUHLWRV GH 9HQGD H &RPSUD´
DR6U
(QWUHWDQWR R 6U  RUD DSHODGR DWUDVRX R SDJDPHQWR GH 
SDUFHODV UHIHUHQWHV DR QHJyFLR HQWUH DV SDUWHV R TXH REULJRX D
DSHODQWH D QRWLILFiOR H DR GHSRLV LQJUHVVDU FRP DomR GH UHVROXomR
FRQWUDWXDOFXPXODGDFRPUHLQWHJUDomRGHSRVVH
2FRUUH TXH VHP IXQGDPHQWR OHJDO QHVVD DomR GH UHVROXomR
FXPXODGD FRP UHLQWHJUDomR GH SRVVH DQWHV GD FLWDomR GR UpX RUD
DSHODGRR00-XL]DTXRGHWHUPLQRXDHPHQGDGDSHWLomRLQLFLDOGD
DomRSDUDTXHIRVVHFRPSURYDGDDLQVFULomRGRORWHDPHQWRMXQWRDR
5HJLVWUR ,PRELOLiULR R TXH SDUD HYLWDU PDLRUHV GHORQJDV IRL
GHYLGDPHQWHFXPSULGRSHODDSHODQWHTXHMXQWRXFHUWLGmRGDPDWUtFXOD
GRORWHDPHQWR(VVDGHFLVmRSRVVXLRVHJXLQWHWHRU

³&XLGDVH GH DomR RUGLQiULD GH UHVFLVmR GH FRQWUDWR SDUWLFXODU GH

FRPSURPLVVR GH FRPSUD H YHQGD FXPXODGD FRP SHGLGR GH WXWHOD
DQWHFLSDWyULD1DDYHQoDKiFOiXVXODSUHYHQGRDVXDUHVFLVmRHPFDVR
GHLQDGLPSOHPHQWRSHODSDUWHFRQWUDWDQWHRUDUHTXHULGD'HIDWRHVWDp
DFDXVDGHSHGLUGHVWDDomR2DUWGD/HLFRPLQDDQXOLGDGH
j KLSyWHVH GH HVWLSXODomR GH FOiXVXOD UHVFLVyULD HP YLUWXGH GH
LQDGLPSOHPHQWR TXDQGR QmR H[LVWD LQVFULomR GR ORWHDPHQWR $ QRUPD p
FODUDVHQGRGHVQHFHVViULDPDLRULQWHOLJrQFLD$UDWLRpXPDVyJDUDQWLU


 XP PtQLPR GH UHJXODULGDGH SODQHMDPHQWR XUEDQR H LQIUDHVWUXWXUD jV
FLGDGHV'DtWHURORWHDGRUTXHREHGHFHUDRVGLWDPHVGRVDUWVHVV
GD PHQFLRQDGD OHL $OYLWUHVH TXH FRQFHVVD YHQLD GH SRVLo}HV HP
FRQWUiULR D VH DGPLWLU TXH LQWHUPHGLDGRUHV WUDQVDFLRQHP FRP LPyYHLV
LUUHJXODUHV HVWDUVHi QR HQWHQGHU GHVWH -XOJDGRU ID]HQGRVH OHWUD
PRUWD GR VXSUDFLWDGR DUW  (P JHUDO DV SHVVRDV MXUtGLFDV TXH VH
SUHVWDPGHSRQWHDRVDGTXLUHQWHVGHLPyYHLVEHPVDEHPDFHUFDGHVXD
UHJXODULGDGHRXQmR$VVLPVHQGRHPHQGHDDXWRUDDLQLFLDOSDUDHP
GLDV FRPSURYDU D LQVFULomR GR ORWHDPHQWR MXQWR DR 5HJLVWUR ,PRELOLiULR
DWHQGLGRV RV SUHFHLWRV GR GLSORPD OHJDO VXVR FLWDGR VRE SHQD GH
LQGHIHULPHQWRGDLQLFLDODUWVFFGR&3&´

&RQIRUPH VH YHULILFD GD FHUWLGmR GD PDWUtFXOD  TXH D DSHODQWH
MXQWRX FRQVWD LQFOXVLYH R FDQFHODPHQWR GD FDXomR VREUH RV ORWHV
GDGRV HP JDUDQWLD j 3UHIHLWXUD  SHODV REUDV GH LQIUDHVWUXWXUD
FRQIRUPHDYHUEDomR
(QWUHWDQWR PHVPR HP IDFH GHVVDV SURYDV FDUUHDGDV DRV DXWRV H
QDGD REVWDQWH WHU SURYDGR QmR VHU D /RWHDGRUD GR HPSUHHQGLPHQWR
³´ QmR VDWLVIHLWR R -XL] PRQRFUiWLFR LQGHIHULX D SHWLomR LQLFLDO H
H[WLQJXLXRSURFHVVRVHPUHVROXomRGHPpULWRSURIHULQGRVHQWHQoDQRV
WHUPRV GR DUW  , GR &yGLJR GH 3URFHVVR &LYLO SRU HQWHQGHU TXH
FDEHULDjDSHODQWHDFRPSURYDomRGRSUHHQFKLPHQWRGRLQF9GRDUW
 GD /HL  RX VHMD TXH DV REUDV GR ORWHDPHQWR HVWmR
UHJXODUL]DGDV GHFLVmR HVWD TXH RUD p REMHWR GR SUHVHQWH UHFXUVR GH
DSHODomR
,QVWD REVHUYDU TXH DSHVDU GH D FHUWLGmR GD PDWUtFXOD VHU FODUD
TXDQWR DR OHYDQWDPHQWR GD FDXomR SDUD DWHQGLPHQWR GDV REUDV GH
LQIUDHVWUXWXUD R TXH SRU yEYLR Gi HQVHMR j FRQFOXVmR GH TXH DV
REUDV IRUDP H[HFXWDGDV ± FDVR FRQWUiULR D FDXomR QmR VHULD
OHYDQWDGD ± D DSHODQWH HIHWXRX UHTXHULPHQWR j 3UHIHLWXUD  SDUD
TXH FHUWLILFDVVH R FXPSULPHQWR GDV REUDV SUHYLVWDV QR LQF 9 GR DUW
GD/HL
,,,±5D]}HVGRSHGLGRGHUHIRUPDGDVHQWHQoD&3&DUW
,,,
D(IHWLYLGDGHGDWXWHODMXULVGLFLRQDO
0HVPR TXH R ORWHDPHQWR QmR WLYHVVH WRGDV DV REUDV FRQFOXtGDV ±


TXH QmR p R FDVR ± HQWHQGH D DSHODQWH QD TXDOLGDGH GH WHUFHLUD
DGTXLUHQWHGHORWHGHWHUUHQRUHJXODUPHQWHLQVFULWRMXQWRDRRILFLDOGH
5HJLVWURGH,PyYHLVTXHVXEVLVWHVHXGLUHLWRGHUHVFLQGLURFRQWUDWRH
UHDYHUDSRVVHGRLPyYHOGRFHVVLRQiULRLQDGLPSOHQWH
(P YHUGDGH QR FDVR HP WHOD HVWi VHQGR REVWDGR R GLUHLWR
FRQVWLWXFLRQDOjDomRHDIURQWDGRRDUWžLQF;;;9GD&RQVWLWXLomR
)HGHUDO TXH FRQVDJURX R SULQFtSLR GD LQDIDVWDELOLGDGH GD WXWHOD
MXULVGLFLRQDOSHOR3RGHU-XGLFLiULR
2UD 1REUHV 'HVHPEDUJDGRUHV Ki TXH VH WHU FRPR SUHPLVVD TXH
WRGRGLUHLWRFRUUHVSRQGHDXPDDomRTXHRDVVHJXUDRXQRVWHUPRV
GR DUW  GR &yGLJR &LYLO YLRODGR R GLUHLWR QDVFH SDUD R WLWXODU D
SUHWHQVmR
'HPDLV GLVVR R HTXtYRFR SHUSHWUDGR QD VHQWHQoD SUHPLD R
HQULTXHFLPHQWR LOtFLWR QD H[DWD PHGLGD HP TXH R DSHODGR SRGHULD
SHUSHWXDUVHQDSRVVHGRLPyYHOVHPSDJDUSHORQHJyFLRVXEMDFHQWH
TXHDRULJLQRX
6LP SRUTXH D DSHODQWH HVWDULD LPSHGLGD GH UHVROYHU R FRQWUDWR H
SOHLWHDU D UHLQWHJUDomR GH SRVVH PHVPR DQWH DR LQDGLPSOHPHQWR GR
DSHODGR
2XWURVVLP QmR VH H[FOXL GD DSUHFLDomR GR 3RGHU -XGLFLiULR DV
OHV}HVDGLUHLWRVGHVGHTXHLQVWUXPHQWDOL]DGRVQRSRGHUGHDomRWDO
TXDOVHPRVWUDSHODVQRUPDVHSULQFtSLRVGHGLUHLWRSURFHVVXDO
$VVLPRDFHVVRFRQVWLWXFLRQDODR3RGHU-XGLFLiULRpLQFRQGLFLRQDGR
H QmR SRGH VHU REVWDGR SRU SVHXGRQRUPDV FULDGDV SDUD GLILFXOWDU
HYLGHQWHGLUHLWRPDWHULDOGDDSHODQWH
$ DomR GHPDQGD KRMH XPD FRQILJXUDomR WHOHROyJLFD TXH QmR VH
UHVWULQJH DRV DVSHFWRV WpFQLFRV WUDGLFLRQDLV PDV DRV PHLRV
FRORFDGRVjGLVSRVLomRGRFLGDGmRSDUDDFHVVRDXPDRUGHPMXUtGLFD
MXVWD
9HULILFDVH R SULQFtSLR FRQVWLWXFLRQDO GD LQDIDVWDELOLGDGH GD WXWHOD
DUW ž ;;;9 HVSRVDQGR D WHVH GD DEHUWXUD GD MXVWLoD OLJDQGR D
DomRDRVSRVWXODGRVGRHVWDGRVRFLDOGHGLUHLWRHjJDUDQWLDGRGHYLGR
SURFHVVROHJDO
E5HJXODULGDGHGRSHGLGRGD DXWRUDRUDDSHODQWHDQWHDRGLUHLWR


GDVREULJDo}HVHGD/HL
([FHOrQFLDV HQFRQWUDVH GHYLGDPHQWH SURYDGR QRV DXWRV TXH D
3UHIHLWXUD  OLEHURX GD FDXomR WRGRV RV ORWHV GDGRV HP JDUDQWLD
SDUDDH[HFXomRGDVREUDVGHLQIUDHVWUXWXUDGHUHVSRQVDELOLGDGHGD
ORWHDGRUDTXHUHSLWDVHQmRpDDSHODQWH
,VVR FRQVWD Mi DYHUEDGR j PDUJHP GD PDWUtFXOD GR ORWHDPHQWR
-DUGLPGDV2OLYHLUDVFXMDFySLDDXWHQWLFDGDID]SDUWHGRVDXWRV
3RUWDQWR WUDWDVH GH ORWHDPHQWR GHYLGDPHQWH PDWULFXODGR MXQWR DR
RILFLDOGH5HJLVWURGH,PyYHLVGDFLUFXQVFULomRLPRELOLiULDFRPSHWHQWH
6H LVVR QmR EDVWDVVH R -XL] D TXR SUHWHQGHX TXH D DSHODQWH
FRPSURYHREULJDomRGHH[FOXVLYDUHVSRQVDELOLGDGHGDORWHDGRUD
$ REULJDomR SRGH VHU GHILQLGD FRPR R YtQFXOR MXUtGLFR WUDQVLWyULR
PHGLDQWHRTXDORGHYHGRUVXMHLWRSDVVLYRILFDDGVWULWRDGDUID]HURX
QmRID]HUSUHVWDomRDOJXPDFRLVDHPIDYRUGRFUHGRUVXMHLWRDWLYR
VRE SHQD GH YHU VHX SDWULP{QLR UHVSRQGHU SHOR HTXLYDOHQWH H jV
YH]HVSRUSHUGDVHGDQRV
(PFRQVRQkQFLDFRPRDFDWDGRWHPRVTXHRDUWLQF9GD/HL
HVWiDVVLPUHGLJLGR

³$UW  $SURYDGR R SURMHWR GH ORWHDPHQWR RX GH GHVPHPEUDPHQWR R

ORWHDGRUGHYHUiVXEPHWrORDR5HJLVWUR,PRELOLiULRGHQWURGHFHQWR
H RLWHQWD GLDV VRE SHQD GH FDGXFLGDGH GD DSURYDomR DFRPSDQKDGR
GRVVHJXLQWHVGRFXPHQWRV
9±FySLDGRDWRGHDSURYDomRGRORWHDPHQWRHFRPSURYDQWHGRWHUPRGH
YHULILFDomR SHOD 3UHIHLWXUD 0XQLFLSDO RX SHOR 'LVWULWR )HGHUDO GD
H[HFXomRGDVREUDVH[LJLGDVSRUOHJLVODomRPXQLFLSDOTXHLQFOXLUmRQR
PtQLPRDH[HFXomRGDVYLDVGHFLUFXODomRGRORWHDPHQWRGHPDUFDomR
GRVORWHVTXDGUDVHORJUDGRXURVHGDVREUDVGHHVFRDPHQWRGDViJXDV
SOXYLDLVRXGDDSURYDomRGHXPFURQRJUDPDFRPDGXUDomRPi[LPDGH
 TXDWUR DQRV DFRPSDQKDGR GH FRPSHWHQWH LQVWUXPHQWR GH JDUDQWLD
SDUDDH[HFXomRGDVREUDV´

3RUWDQWR UHVWD HYLGHQWH TXH p GH ~QLFD H H[FOXVLYD

UHVSRQVDELOLGDGH GR ORWHDGRU D REULJDomR TXH D GHFLVmR DSHODGD
SUHWHQGHFDUUHDUjDSHODQWH
6HJXQGR R PHQFLRQDGR LQF 9 GR DUW  GD /HL  R


ORWHDGRUpRVXMHLWRSDVVLYRDTXHOHTXHSRVVXLREULJDomRGHID]HUDV
REUDV
6H QmR DV FRQFUHWL]D SRGHUi VHU UHVSRQVDELOL]DGR QRV WHUPRV GR
PHVPRGLSORPDOHJDO
e R ORWHDGRU DFRUGH FRP D /HL  TXH GHYH SURYLGHQFLDU DV
REUDV3DUDWDQWRRIHUHFHFDXomRj3UHIHLWXUD0XQLFLSDOFRPRDOLiV
VHREVHUYDGDPDWUtFXODGRORWHDPHQWRRQGHHVWiORFDOL]DGRRORWHGD
DSHODQWH
$ DSHODQWH SRU FRQVHJXLQWH QmR SRVVXL TXDOTXHU REULJDomR GH
ID]HUDVREUDVPHQFLRQDGDVQRLQF9GRDUW
6H DV REUDV QmR VmR HIHWLYDGDV D SUySULD /HL  RIHUHFH
PHFDQLVPRVj3UHIHLWXUDSDUDTXHUHJXODUL]HRSDUFHODPHQWRGRVROR
XUEDQRQRVWHUPRVGRVDUWVD
(P QHQKXP PRPHQWR VH YLVOXPEUD QHVVHV DUWLJRV D WHUDWROyJLFD
FRQFOXVmR GH TXH R WHUFHLUR DGTXLUHQWH ± FRPR p D DSHODQWH ± QmR
HVWi DXWRUL]DGR D SOHLWHDU WXWHOD MXULVGLFLRQDO GH UHVROXomR FRQWUDWXDO
FXPXODGD FRP UHLQWHJUDomR GH SRVVH SDUD UHDYHU R WHUUHQR GH
FHVVLRQiULRFRPRQRFDVRYHUWHQWH
$OLiVUHSLWDVHQHPVHVDEHGHRQGHR0DJLVWUDGRDTXRUHWLURXWDO
LODomRPRUPHQWHTXHRORWHGDDSHODQWHHVWiGHYLGDPHQWHPDWULFXODGR
QR 5HJLVWUR GH ,PyYHLV GR TXDO QmR FRQVWD PHQomR D EORTXHLR GH
PDWUtFXODRXTXDOTXHURXWURyELFHUHJLVWUDO
3RUWDQWR UHVWD DEVROXWDPHQWH LOHJDO R LPSHGLPHQWR DR
SURVVHJXLPHQWRGDDomRGHILQLGRDRWDODQWHGRPDJLVWUDGRDTXRVHP
VXSHGkQHROHJDO
2SULQFtSLRGDLQDIDVWDELOLGDGHRXSULQFtSLRGRFRQWUROHMXULVGLFLRQDO
 JDUDQWH D WRGRV R DFHVVR DR 3RGHU -XGLFLiULR R TXDO QmR SRGH
GHL[DU GH DWHQGHU D TXHP YHQKD D MXt]R GHGX]LU XPD SUHWHQVmR
IXQGDGDQRGLUHLWRHSHGLUVROXomRSDUDHOD
&RP D GHYLGD YHQLD IDOKRX R 00 -XL] D TXR VHQGR GH ULJRU R
SURYLPHQWR GHVWD LUUHVLJQDomR SDUD UHIRUPDU D U GHFLVmR DJUDYDGD
QmR Vy SDUD HYLWDU TXH D DSHODQWH VHMD FROKLGD SRU SUHMXt]RV GH
GXYLGRVD UHSDUDomR PDV WDPEpP SDUD ]HODU H GHIHQGHU D FRUUHWD
DSOLFDomRGRRUGHQDPHQWRMXUtGLFR


 ,9±&RQFOXV}HV
'HVWDUWH UHVWD PDLV GR TXH HYLGHQFLDGR QHVWH UHFXUVR D SURYD
LQHTXtYRFD GD SURPHVVD GH FHVVmR ILUPDGD HQWUH DV SDUWHV RUD
DSHODQWH H DSHODGR DOpP GD HIHWLYD UHJXODULGDGH UHJLVWUDO GR
ORWHDPHQWRRQGHVHHQFRQWUDRWHUUHQRGDDSHODQWHTXHQmRVHULDGH
TXDOTXHU IRUPD REULJDGD D FRPSURYDU UHJXODULGDGH GH REUDV GH
ORWHDPHQWRUHJLVWUDGRSRVWRTXHQmRpHQmRIRLGHPDQHLUDDOJXPDD
ORWHDGRUD
3RUWDQWR 1REUHV -XOJDGRUHV HYLGHQWHV RV HTXtYRFRV SHUSHWUDGRV
SHODVHQWHQoDFXMDUHIRUPDpQHFHVViULDSDUDSUHVWLJLDUDPDLVSXUD
DSOLFDomRGD/HL
6HQGR DVVLP UHTXHU D DSHODQWH VHMD GDGR SURYLPHQWR DR YHUWHQWH
UHFXUVRSDUDRILPGH
D3UHOLPLQDUPHQWHUHIRUPDUDGHFLVmRLQWHUORFXWyULDTXHLQGHIHULXD
H[SHGLomR GH RItFLR j 0XQLFLSDOLGDGH D WHRU GD SUHOLPLQDU GHVWD
FRQWHVWDomR QRV WHUPRV GR DUW  † ž GR &yGLJR GH 3URFHVVR
&LYLOH
E 5HIRUPDU D U GHFLVmR DSHODGD REVWDQGR DVVLP R LQH[LVWHQWH
UHTXLVLWR OHJDO GH FRPSURYDomR GH UHJXODULGDGH GH REUDV GR
ORWHDPHQWR RQGH VH HQFRQWUD R WHUUHQR GD DSHODQWH TXH QmR p D
ORWHDGRUD DQXODQGR D VHQWHQoD H GHWHUPLQDQGR R UHJXODU
SURFHVVDPHQWRSDUDTXHTXHWHQKDDFHVVRDDSUHFLDomRGHVXDDomR
GHUHVROXomRFRQWUDWXDOFXPXODGDFRPUHLQWHJUDomRGHSRVVHHPIDFH
GRDSHODGRSRVWRTXHDVVLPMXOJDQGRHVWDUiHVWD&RUWHWXWHODQGRR
PHOKRU'LUHLWR
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

12.5.RECURSO ORDINÁRIO

([PR6U'U'HVHPEDUJDGRU3UHVLGHQWHGR


 3URFHVVRQ
 QmR VH FRQIRUPDQGR FRP D GHFLVmR GD  GHVWH (JUpJLR
7ULEXQDO GH -XVWLoD TXH GHQHJRX D RUGHP YHP UHVSHLWRVDPHQWH
SHUDQWH9RVVD([FHOrQFLDSRUVHXDGYRJDGRLQWHUSRU
5HFXUVRRUGLQiULR
R TXH ID] FRP IXQGDPHQWR QR DUWLJR  LQFLVR ,, DOtQHD ³D´ GD
&RQVWLWXLomR)HGHUDOHDUWHVHJXLQWHVGR&yGLJRGH3URFHVVR
&LYLO FXMDV UD]}HV VHJXHP DQH[DV DV TXDLV GHYHUmR VHU
HQFDPLQKDGDV DR &ROHQGR 6XSHULRU 7ULEXQDO GH -XVWLoD HRX
6XSUHPR7ULEXQDO)HGHUDO
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%
([PR 6U 'U 0LQLVWUR 3UHVLGHQWH GR 6XSHULRU 7ULEXQDO GH -XVWLoD
RX6XSUHPR7ULEXQDO)HGHUDO
5HFRUUHQWH
5HFRUULGR
&ROHQGDWXUPD
ËQFOLWRVPLQLVWURV
'RXWDSURFXUDGRULD
,±3UHVVXSRVWRVGHDGPLVVLELOLGDGH
2SUHVHQWHUHFXUVRWHQGRHPYLVWDRMXOJDPHQWRHP~QLFDLQVWkQFLD
SHOR  p WHPSHVWLYR DV SDUWHV VmR OHJtWLPDV H HVWmR GHYLGDPHQWH
UHSUHVHQWDGDV
$SUHVHQWHLQWHUSRVLomRHQFRQWUDVXSHGkQHRQRDUWLJRLQFLVR,,
DOtQHD³D´GD&RQVWLWXLomR)HGHUDOHDUWHVHJXLQWHVGR&yGLJR
GH3URFHVVR&LYLO
3RUWDQWRHVWmRSUHHQFKLGRVRVSUHVVXSRVWRVGHDGPLVVLELOLGDGH
,,±)DWRVHGLUHLWR



 ,,,±5D]}HVSDUDUHIRUPD

3RVWDDVVLPDTXHVWmRDUHILUPDGDGHFLVmRRUDUHFRUULGDpPHGLGD
TXHVHLPS}H
,9&RQFOXVmR
(PUD]mRGRH[SRVWRUHTXHUVH
DVHMDFRQKHFLGRRSUHVHQWHUHFXUVR
E QR PpULWR OKH VHMD GDGR SURYLPHQWR SDUD  H TXDQGR GH VHX
MXOJDPHQWROKHVHMDGDGRLQWHJUDOSURYLPHQWRSDUD
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

12.6.RECURSO ESPECIAL

([PR6U'U-XL]3UHVLGHQWHGR(7ULEXQDO
$SHODomRQ
2ULJHP
SRUVHXVDGYRJDGRVHSURFXUDGRUHVQDDomRGHFREUDQoDGH
GpELWRV FRQGRPLQLDLV SHOR SURFHGLPHQWR FRPXP QRV HPEDUJRV j
H[HFXomR GH GpELWRV FRQGRPLQLDLV TXH OKHV PRYH  QmR VH
FRQIRUPDQGR GDWD YHQLD FRP R Y DFyUGmR GD  &kPDUD TXH
GHFLGLX R UHFXUVR GH DSHODomR YHP UHVSHLWRVDPHQWH LQWHUSRU R
SUHVHQWH
5HFXUVR (VSHFLDO FRP SHGLGR GH HIHLWR VXVSHQVLYR &3& DUW
†ž
RTXHID]WHPSHVWLYDPHQWHH[LELQGRGHVGHORJRRFRPSURYDQWHGR
SDJDPHQWRGRSUHSDURGRFXPHQWRHGXSODPHQWHIXQGDPHQWDGRQR
DUW,,,³D´H³F´GD&RQVWLWXLomR)HGHUDOGHFFDUWH
VHJXLQWHVGR&yGLJRGH3URFHVVR&LYLOSHORVIDWRVHUD]}HVDVHJXLU
H[SRVWRV


 3DUDPHOKRUH[SRVLomRGHVWDPDWpULDYHMDPRVR
,±2EMHWRGHVWHUHFXUVR
eREWHUDUHIRUPDGDGHFLVmRGR(JUpJLR7ULEXQDOTXH
D GHX DR &yGLJR &LYLO DUWV   † ƒ H 
LQWHUSUHWDomR GLYHUVD GH DFyUGmR GR SUySULR 6XSHULRU 7ULEXQDO GH
-XVWLoDDQDOLWLFDPHQWHWUDQVFULWRHFRPSDUDGRQDSDUWH~WLOFLWDQGRVH
R UHSRVLWyULR RILFLDO GH MXULVSUXGrQFLD FXMD FySLD p DQH[DGD DR
SUHVHQWHUHFXUVRSDUDPHOKRUFRPSUHHQVmRGRFXPHQWR
EFRQWUDULRXWH[WRGR&yGLJR&LYLODUWV†ƒHFXMRV
GLVSRVLWLYRV VHJXHP DEDL[R GHYLGDPHQWH SDUWLFXODUL]DGRV H
LQGLYLGXDOL]DGRV
³$UW6mRGHYHUHVGRFRQG{PLQR
, ± &RQWULEXLU SDUD DV GHVSHVDV GR FRQGRPtQLR QD SURSRUomR GH VXDV
IUDo}HVLGHDLV
$UW  $OpP GDV FOiXVXODV UHIHULGDV QR DUW  H GDV TXH RV
LQWHUHVVDGRVKRXYHUHPSRUEHPHVWLSXODUDFRQYHQomRGHWHUPLQDUi
, ± D TXRWD SURSRUFLRQDO H R PRGR GH SDJDPHQWR GDV FRQWULEXLo}HV GRV
FRQG{PLQRV SDUD DWHQGHU jV GHVSHVDV RUGLQiULDV H H[WUDRUGLQiULDV GR
FRQGRPtQLR

† ž 6mR HTXLSDUDGRV DRV SURSULHWiULRV SDUD RV ILQV GHVWH DUWLJR VDOYR
GLVSRVLomRHPFRQWUiULRRVSURPLWHQWHVFRPSUDGRUHVHRVFHVVLRQiULRV
GHGLUHLWRVUHODWLYRVjVXQLGDGHVDXW{QRPDV´

$UHIRUPDTXHRUDVHUHTXHUFRPRVHGHSUHHQGHHVWiGXSODPHQWH
IXQGDPHQWDGDQD&RQVWLWXLomR)HGHUDO
³$UW&RPSHWHDR6XSHULRU7ULEXQDOGH-XVWLoD

,,,±MXOJDUHPUHFXUVRHVSHFLDODVFDXVDVGHFLGLGDVHP~QLFDRX~OWLPD
LQVWkQFLD SHORV 7ULEXQDLV 5HJLRQDLV )HGHUDLV RX SHORV WULEXQDLV GRV
(VWDGRVGR'LVWULWR)HGHUDOH7HUULWyULRVTXDQGRDGHFLVmRUHFRUULGD
DFRQWUDULDUWUDWDGRRXOHLIHGHUDORXQHJDUOKHVYLJrQFLD

F GHU D OHL IHGHUDO LQWHUSUHWDomR GLYHUJHQWH GD TXH OKH KDMD DWULEXtGR


 RXWURWULEXQDO´

,VWRSRVWRYHMDPRVD
,,±([SRVLomRGRVIDWRV&3&DUW,
1R GLD  SRU LQWHUPpGLR GH LQVWUXPHQWR SDUWLFXODU GH YHQGD H
FRPSUDFRPILQDQFLDPHQWRHSDFWRDGMHWRGHKLSRWHFDVREQRV
UHFRUUHQWHVDGTXLULUDPRDSDUWDPHQWR
7RGDYLDQRGLDGRFXPHQWRGDFRQWHVWDomRFHGHUDPWRGRV
RVGLUHLWRVHREULJDo}HVDTXHGHVGHHQWmRWHPSRVVHHUHVLGHQR
LPyYHO
2XWURVVLPUHVWDLPSRUWDQWtVVLPRREVHUYDUTXHDQRYDWLWXODULGDGHH
D 3266( GD XQLGDGH FRQGRPLQLDO VHPSUH IRL GH FRQKHFLPHQWR GR
UHFRUULGR R TXH VH DILUPD H VH SURYD SHORV GRFXPHQWRV WUD]LGRV j
FRODomRSHORSUySULR&RQGRPtQLRQRERMRGRVDXWRV
0HVPRDVVLPRVUHFRUUHQWHVIRUDPDFLRQDGRV
1DGD REVWDQWH DV SHUFXFLHQWHV UD]}HV DSUHVHQWDGDV GXUDQWH R
SURFHVVR VHP FRQWDU RV LQ~PHURV DFyUGmRV UHFRQKHFHQGR D
LOHJLWLPLGDGH GH SDUWH GRV SURPLWHQWHVYHQGHGRUHV QHVVDV
FLUFXQVWkQFLDVDDomRIRLMXOJDGDSDUFLDOPHQWHSURFHGHQWHDGPLWLGDD
OHJLWLPLGDGHGHSDUWHGRVUHFRUUHQWHV
9HMDPRVHQWmRD
,,,±([SRVLomRGRGLUHLWR&3&DUW,HGDVUD]}HVGRSHGLGR
GHUHIRUPDGDGHFLVmRUHFRUULGD&3&DUW,,,
 ,QWHUSUHWDomR GR &yGLJR &LYLO DUWV   † ƒ H 
GLYHUJHQWH GD DWULEXtGD SRU RXWUR 7ULEXQDO DQDOLWLFDPHQWH
GHPRQVWUDGD H FRPSURYDGD SRU FLWDomR GH UHSRVLWyULR RILFLDO GH
MXULVSUXGrQFLD
(PYHUGDGHDRGHFLGLUTXH
³2 YtQFXOR GR FRQGRPtQLRUpX FRP R FRQG{PLQRDXWRU GHFRUUH GD
FLUFXQVWkQFLD GH UHSLWDVH VHU R WLWXODU GR GLUHLWR UHDO GH SURSULHGDGH
VREUHDFRLVD´

(DLQGDTXH
³2 LPyYHO GH SURSULHGDGH GR UpX D UHVSHLWR GR TXDO DV GHVSHVDV VmR


 FREUDGDV WrP ORFDOL]DomR WDPDQKR H TXDOLGDGH DEVROXWDPHQWH
FRQVHQWkQHDV FRP RV YDORUHV GH GHVSHVDV FREUDGDV GHVSHVDV HVVDV
TXH DXWRUL]DP FREUDQoD SRU GHFRUUHUHP GH REULJDomR SURSWHU UHP DUW
,GR&yGLJR&LYLO´

$FUHVFHQWDQGRTXH
³&RPRSURSULHWiULRTXHpRUHFRUUHQWHFRQWLQXDUHVSRQViYHOSRUWRGRV
RV {QXV GR VHX LPyYHO DWp D HIHWLYD WUDQVIHUrQFLD GHOH TXH VH RSHUD
FRPRUHJLVWURGRWtWXORDTXLVLWLYRMXQWRjPDWUtFXODGRLPyYHO´

$OpP GH PDQLIHVWD FRQWUDULHGDGH DR GLVSRVWR QRV DUWLJRV  †

žH,GR&yGLJR&LYLODYHUGDGHpTXHDLQWHOHFomRGRPHVPR
SHOD U GHFLVmR FROHJLDGD GLVVHQWH GH MXOJDGRV SURIHULGRV SRU RXWUDV
&RUWHVGH-XVWLoDHPKLSyWHVHVDQiORJDV
&RP HIHLWR DEDL[R HQFRQWUDPVH GHPRQVWUDGDV DQDOLWLFDPHQWH DV
VHPHOKDQoDV EHP FRPR VmR WUDQVFULWRV RV WUHFKRV GR DFyUGmR
GLYHUJHQWH H SDUDGLJPD LGHQWLILFDGR SRU FLWDomR GR Q~PHUR H GD
SiJLQD GR UHSRVLWyULR RILFLDO RQGH IRL SXEOLFDGR WDPEpP DQH[DGR DR
SUHVHQWH UHFXUVR DWUDYpV GH FySLD SDUD PHOKRU FRPSUHHQVmR
GRFXPHQWR
$WUDQVFULomRGDHPHQWDGHFDUiWHUPHUDPHQWHSURSHGrXWLFRVHUYH
DSHQDVDRUHIRUoRVLVWHPDWL]DomRHHQWHQGLPHQWRGRGLVVtGLR
'HFLVmRGR6XSHULRU7ULEXQDOGH-XVWLoD
5HSRVLWyULR 2ILFLDO GH -XULVSUXGrQFLD QRV WHUPRV GR DUW  † ž
GR5,67-HDUWž9GD,QVWUXomR1RUPDWLYDQžGHTXH
GLVS}H VREUH R UHJLVWUR GRV UHSRVLWyULRV DXWRUL]DGRV H FUHGHQFLDGRV
GDMXULVSUXGrQFLDGR6XSHULRU7ULEXQDOGH-XVWLoDHPPtGLDLPSUHVVD
H HOHWU{QLFD H HP SiJLQDV HP SRUWDLV GD 5HGH 0XQGLDO GH
&RPSXWDGRUHV
³&RPSURPLVVR GH FRPSUD H YHQGD ± &RQGRPtQLR ± 'HVSHVDV
FRQGRPLQLDLV ± SURPLWHQWH YHQGHGRU TXH QmR UHVSRQGH SRU WDLV
HQFDUJRVDSyVDDOLHQDomRGRLPyYHODLQGDTXHRFRQWUDWRQmRWHQKD
VLGR UHJLVWUDGR´ 5HFXUVR (VSHFLDO Q 63 ± 4XDUWD 7XUPD ±
-XOJDPHQWR  ± 5HODWRU 0LQLVWUR 6iOYLR GH )LJXHLUHGR
7HL[HLUD±'-8
([WUHPDPHQWH QtWLGR R SDUDOHOLVPR HQWUH D VLWXDomR HQIRFDGD QD


GHFLVmR UHFRUULGD H D KLSyWHVH YHUVDGD QR DUHVWR SDUDGLJPD FXMR
UHODWyULRHVWiDVVLPUHGLJLGR

³$MXL]RX R UHFRUUHQWH DomR GH FREUDQoD GH WD[DV FRQGRPLQLDLV

VXVWHQWDQGR TXH D UHFRUULGD SURSULHWiULD GR DSDUWDPHQWR Q  GR
(GLItFLR 7DQKDXVHU VLWXDGR QD &DSLWDO SDXOLVWD GHL[RX GH SDJiODV QRV
YHQFLPHQWRVHVHUHFXVRXDDGLPSOLUDREULJDomRDPLJDYHOPHQWH
2-XL]H[WLQJXLXRSURFHVVRSRULOHJLWLPLGDGHSDVVLYD³DGFDXVDP´XPD
YH] TXH D XQLGDGH KDELWDFLRQDO WHULD VLGR DOLHQDGD SRU SURPHVVD GH
FRPSUDHYHQGD D WHUFHLUR $VVLP QmR WHULD D DQWHULRU SURSULHWiULD TXH
UHVSRQGHUSHORVHQFDUJRVFRQGRPLQLDLV´

(P DPEDV DV GHFLV}HV SRUWDQWR VH FXLGD GH VDEHU VH Ki RX QmR
LOHJLWLPLGDGH SDVVLYD GR SURSULHWiULR TXH FRQVWD GR UHJLVWUR
LPRELOLiULR PDV TXH FHGHX VHXV GLUHLWRV DWUDYpV GH FRPSURPLVVR GH
FRPSUDHYHQGDSDUDWHUFHLURTXHVHHQFRQWUDQD3266(GRLPyYHO
XVXIUXLQGR GRV VHUYLoRV FRPXQV GR FRQGRPtQLR VHQGR GH GHVWDTXH
QRFRUSRYDFyUGmR

³1R PDLV GLVFXWHVH QRV SUHVHQWHV DXWRV VH R SURPLWHQWHYHQGHGRU GH

XQLGDGH LPRELOLiULD HP FRQGRPtQLR H HIHWLYR SURSULHWiULR SRGH VHU
UHVSRQVDELOL]DGR SHOR SDJDPHQWR GDV WD[DV GH FRQGRPtQLR RX VH D
REULJDomRSDVVDDRSURPLVViULRFRPSUDGRU
(PERUD SHOR &yGLJR &LYLO D SURSULHGDGH VH WUDQVILUD SHOD LQVFULomR GR
WtWXOR DSWR D WUDQVIHULU R EHP QR UHJLVWUR GH LPyYHLV QmR p GH VH
GHVFRQVLGHUDU TXH SHOR FRQWUDWR GH SURPHVVD GH FRPSUDHYHQGD
UHJXODGR QR %UDVLO SHOD SULPHLUD YH] HP  SHOR 'HFOHL  RV
GLUHLWRVGHSURSULHGDGHSDVVDPDRSURPLVViULRFRPSUDGRUTXHLQFOXVLYH
MiSDJRXWRGRRSUHoR
$VVLP VH R SURSULHWiULR DOLHQRX R EHP SRU PHLR GH SURPHVVD GH
FRPSUDHYHQGD HP FDUiWHU LUUHYRJiYHO H LUUHWUDWiYHO FRPR RFRUUHX QR
FDVR HP H[DPH HIHWLYDPHQWH QmR p GH VH OKH H[LJLU R SDJDPHQWR GRV
HQFDUJRVFRQGRPLQLDLVXPDYH]TXHKDYLDVHGHVOLJDGRGRFRQGRPtQLR
UHFRUUHQWHMiTXHRFRQWUDWRpDQWHULRUDRSHUtRGRFREUDGR
´

9HULILFDVH SRUWDQWR TXH D U GHFLVmR UHFRUULGD p FRPSOHWDPHQWH

RSRVWD H YLVFHUDOPHQWH GLYHUJHQWH GHVWD GR ( 6XSHULRU 7ULEXQDO GH


-XVWLoDDTXLFRORFDGDFRPRSDUDGLJPDHQWUHWDQWDVRXWUDV
'H IDWR DR QHJDU R UHFRQKHFLPHQWR GD LOHJLWLPLGDGH GH SDUWH GRV
UHFRUUHQWHV SURPLWHQWHV YHQGHGRUHV TXH WUDQVPLWLUDP RV GLUHLWRV H
SULQFLSDOPHQWH D SRVVH GR LPyYHO D WHUFHLUR GH TXH WLQKD SOHQR
FRQKHFLPHQWR R FRQGRPtQLR UHFRUULGR R DFyUGmR JXHUUHDGR FRPHWH
DGHPDLV JUDYH LQMXVWLoD PRUPHQWH TXH SUHVWLJLD R ORFXSOHWDPHQWR
LQGHYLGRGDTXHOHTXHYHUGDGHLUDPHQWHXWLOL]RXRLPyYHO
$OLiV R FRQFHLWR GH REULJDomR SURSWHU UHP FRQTXDQWR
WUDGLFLRQDOPHQWHRULJLQiULDGHGLUHLWRUHDOHPTXHVHGL]LQFUXVWDGD
H[VXUJH SRU LJXDO GH HVSHFLDO UHODomR TXH PDQWHQKD VHX VXMHLWR
SDVVLYRFRPDFRLVDSRUYLDGHSRVVH
1HVVH VHQWLGR p D OLomR VHPSUH FODUD GH 6LOYLR 5RGULJXHV DR
DSRQWDUHQWUHVHXVFDUDFWHUtVWLFRVEiVLFRVSUHQGHURWLWXODUGRGLUHLWR
VHMDHOHTXHPIRUGHWDOVRUWHTXH
2 GHYHGRU HVWi DWDGR DR YtQFXOR REULJDWyULR QmR SRU IRUoD GH VXD
YRQWDGHPDVHPGHFRUUrQFLDGHVXDSHFXOLDUVLWXDomRUHODWLYDPHQWHD
XPEHPGRTXDOpSURSULHWiULRRXSRVVXLGRU
'HPDLV GLVVR GD OHLWXUD GR DFyUGmR SDUDGLJPD YHULILFDVH
WUDQVFULomR GH GHFLVmR GD 6HJXQGD 6HomR GHVWH (JUpJLR 7ULEXQDO
6XSHULRU QR 5HFXUVR (VSHFLDO Q 5- GD ODYUD GR 0LQLVWUR
(GXDUGR5LEHLURVHJXQGRRTXDO
1mR HOLGH D UHVSRQVDELOLGDGH GR SURPLWHQWH FRPSUDGRU D
FLUFXQVWkQFLDGHRFRQWUDWRQmRKDYHUVLGRUHJLVWUDGR
-XVWLILFD SHUWLQHQWHPHWH TXH R DUW  GR &yGLJR &LYLO TXDQGR
GLVS}H DFHUFD GD FRQYHQomR GH FRQGRPtQLR H[SUHVVDPHQWH SUHYr
VXD HODERUDomR WDQWR SHORV SURSULHWiULRV TXDQWR SHORV SURPLWHQWHV
FRPSUDGRUHV FHVVLRQiULRV RX SURPLWHQWH FHVVLRQiULRV GRV GLUHLWRV
SHUWLQHQWHVjDTXLVLomRGHXQLGDGHVDXW{QRPDV
2XWURVVLP HVWD p D RULHQWDomR PDLV PRGHUQD TXH HPDQD GD
HYROXomRGRVSUySULRVLQVWLWXWRVMXUtGLFRVFRPRDVVHYHURXRSUHFODUR
HFXOWR0LQLVWUR6iOYLRGH)LJXHLUHGR7HL[HLUDQRDFyUGmRSDUDGLJPD
³1R PDLV p GH VDOLHQWDUVH VHU GH DOWD UHOHYkQFLD R GHEDWH TXHU
SHOD UHSHUFXVVmR QR PXQGR GRV QHJyFLRV GH FRPSUDHYHQGD GH
LPyYHLVTXHDWXDOPHQWHVHID]HPSHORVFRQWUDWRVGHFRPSURPLVVRGH


FRPSUDHYHQGDRXHPRXWUDVSDODYUDVSHODVSURPHVVDVGHFRPSUD
HYHQGD TXHU SHOD H[WUDRUGLQiULD HYROXomR SHOD TXDO R LQVWLWXWR WHP
SDVVDGR QRV ~OWLPRV WHPSRV VREUHWXGR HP WHUPRV GH H[HFXomR
FRDWLYDDQWHDHIHWLYLGDGHGRSURFHVVRFLYLOFRQWHPSRUkQHR´
&RQWUDULHGDGHj/HL)HGHUDO
$ /HL )HGHUDO FRQWUDULDGD ± /HL  ± &yGLJR &LYLO
HVWDEHOHFHGHIRUPDFULVWDOLQDTXH

³$UW  $OpP GDV FOiXVXODV UHIHULGDV QR DUW  H GDV TXH RV
LQWHUHVVDGRVKRXYHUHPSRUEHPHVWLSXODUDFRQYHQomRGHWHUPLQDUi
, ± D TXRWD SURSRUFLRQDO H R PRGR GH SDJDPHQWR GDV FRQWULEXLo}HV GRV
FRQG{PLQRV SDUD DWHQGHU jV GHVSHVDV RUGLQiULDV H H[WUDRUGLQiULDV GR
FRQGRPtQLR

† ž 6mR HTXLSDUDGRV DRV SURSULHWiULRV SDUD RV ILQV GHVWH DUWLJR VDOYR
GLVSRVLomRHPFRQWUiULRRVSURPLWHQWHVFRPSUDGRUHVHRVFHVVLRQiULRV
GHGLUHLWRVUHODWLYRVjVXQLGDGHVDXW{QRPDV´

(QWUHWDQWR D GHFLVmR UHFRUULGD HP FRPSOHWD GLVVRQkQFLD FRP R

WH[WRGDOHJLVODomR)HGHUDODFLPDFLWDGRDVVHYHURXTXH
2 YtQFXOR GR FRQGRPtQLRUpX FRP R FRQG{PLQRDXWRU GHFRUUH GD
FLUFXQVWkQFLDGHUHSLWDVHVHURWLWXODUGRGLUHLWRUHDOGHSURSULHGDGH
VREUHDFRLVD
2LPyYHOGHSURSULHGDGHGRUpXDUHVSHLWRGRTXDODVGHVSHVDVVmR
FREUDGDV WrP ORFDOL]DomR WDPDQKR H TXDOLGDGH DEVROXWDPHQWH
FRQVHQWkQHDVFRPRVYDORUHVGHGHVSHVDVFREUDGDVGHVSHVDVHVVDV
TXHDXWRUL]DPFREUDQoDSRUGHFRUUHUHPGHREULJDomRSURSWHUUHP
'DWDYHQLDHPIDFHGRWH[WROHJDOKiHYLGHQWHHJUDYHHTXtYRFR
2 WH[WR H[SUHVVR GR DUW  , GR &yGLJR &LYLO GHWHUPLQD TXH D
GHVSHVDGHFRQGRPtQLRpGHUHVSRQVDELOLGDGHGRFRQG{PLQR
2UDRUDRUD
1mR Ki FRPR GD H[SUHVVD UHGDomR GR GLVSRVLWLYR HP WHOD LQIHULU
TXH RV UHFRUUHQWHV SURPLWHQWHV YHQGHGRUHV GD XQLGDGH DXW{QRPD
TXH WUDQVIHULUDP D SRVVH FRP R FRQKHFLPHQWR GR UHFRUULGR VHMDP
FRQG{PLQRV H SRUWDQWR UHVSRQViYHLV SHODV GHVSHVDV GH


FRQGRPtQLR
$OLiV DV GLVSRVLo}HV GRV DUWLJRV FLWDGRV UHFRQKHFHP RV
SURPLVViULRV FRPSUDGRUHV FHVVLRQiULRV H SURPLVViULRV FHVVLRQiULRV
GRVGLUHLWRVDWLQHQWHVjXQLGDGHLPRELOLiULDFRPRFRQG{PLQRV
1HPSRGHULDVHUGLIHUHQWH
'H IRUPD EULOKDQWH R 0LQLVWUR 6iOYLR GH )LJXHLUHGR 7HL[HLUD QR
DFyUGmR SDUDGLJPD LGHQWLILFRX D HYROXomR GR GLUHLWR EHP FRPR DV
LPSOLFDo}HV GH GLYHUJHQWH RULHQWDomR FRPR D JXHUUHDGD SRU HVWH
UHFXUVR
&RP HIHLWR HQWHQGLPHQWR FRQWUiULR JHUDULD LQVHJXUDQoD QRV
QHJyFLRVMXUtGLFRVFHOHEUDGRVSRUSDUWLFXODUHVHFRQVWUXWRUDVDWUDYpV
GH LQVWUXPHQWRV SDUWLFXODUHV GH FRPSUD H YHQGD VHP UHJLVWUR ± TXH
VmRDPDLRULD±VHPHVPRVHQGRHVVHQHJyFLRGRFRQKHFLPHQWRGR
FRUSR FRQGRPLQLDO R DOLHQDQWH FRQWLQXDVVH UHVSRQViYHO SHODV
GHVSHVDVFRPXQV
0DV QmR p Vy 3HUFHEHVH TXH D GHFLVmR JXHUUHDGD FDVR
SUHYDOHoD DFDEDUi SRU JHUDU HQULTXHFLPHQWR LOtFLWR GDTXHOH TXH
XVXIUXL GRV VHUYLoRV SUHVWDGRV SHOR FRQGRPtQLR VHP FRQWDU R
FRQVXPRGHHQHUJLDHiJXDFRPXQV
$FUHVFHQWHVH D LVVR TXH D PDQXWHQomR GR DFyUGmR UHFRUULGR
GXSOLFDUiDVGHPDQGDVFRQWULEXLQGRSDUDDXPHQWDUDSOHWRUDGHIHLWRV
TXH DVVREHUED R 3RGHU -XGLFLiULR R TXH FHUWDPHQWH LQGHSHQGH GD
YRQWDGHGH9RVVDV([FHOrQFLDV
([SOLFDVH 6HQGR FRPSHOLGR DR SDJDPHQWR R SURPLWHQWH
FRPSUDGRUFHUWDPHQWHDJLULDUHJUHVVLYDPHQWHHPIDFHGRDGTXLUHQWH
PRYLPHQWDQGRQRYDPHQWHRDSDUHOKRMXGLFLiULR
2XWURVVLPFRQYpPQRWDUTXHQmRFRUUHVSRQGHjYHUGDGHDDOXVmR
GHH[LVWrQFLDGHMXULVSUXGrQFLDPHVPRQR7ULEXQDODTXRGHTXHDV
GHVSHVDV FRQGRPLQLDLV GHYHP VHU FDUUHDGDV jTXHOH TXH FRQVWD GR
5HJLVWUR,PRELOLiULR
$OLiVDVGHFLV}HVQHVVHVHQWLGRVmRPHURVSUHFHGHQWHV
$ MXULVSUXGrQFLD GD SUySULD &RUWH GH RULJHP DSRQWD SDUD VHQWLGR
DEVROXWDPHQWH FRQWUiULR H DFRUGH FRP D GHFLVmR SDUDGLJPD GHVWD
&RUWH


 7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³$SHODomR &REUDQoD &RQWULEXLo}HV
FRQGRPLQLDLV &RPSURPLVVR GH FRPSUD H YHQGD ,PLVVmR GR DGTXLUHQWH
QD SRVVH GR LPyYHO GH FRQKHFLPHQWR GR FRQGRPtQLR ,OHJLWLPLGDGH
SDVVLYDGRVYHQGHGRUHVµ3DUDDFRUUHWDGHILQLomRGRUHVSRQViYHOSHORV
HQFDUJRVFRQGRPLQLDLVHPFDVRGHFRQWUDWRGHSURPHVVDGHFRPSUDH
YHQGD GHYHVH DIHULU SRQWXDOPHQWH VH KRXYH HIHWLYD LPLVVmR QD SRVVH
SRUSDUWHSURPLVViULRFRPSUDGRUDLQGDTXHHPFDUiWHUSUHFiULRHVHR
FRQGRPtQLR WHYH RX QmR R SOHQR FRQKHFLPHQWR GHVWD¶ 67- 5(VS Qž
 $SHODomR SURYLGD HP SDUWH´ 5HODWRU /LQR 0DFKDGR ±
&RPDUFD6mR&DUORV±ÏUJmRMXOJDGRU&kPDUDGH'LUHLWR3ULYDGR±
'DWDGRMXOJDPHQWR±'DWDGHUHJLVWUR
7ULEXQDO GH -XVWLoD GH 6mR 3DXOR ³&REUDQoD GH GHVSHVDV
FRQGRPLQLDLV 5HFRQKHFLGD LOHJLWLPLGDGH SDVVLYD GRV UpXV (OHPHQWRV
GRVDXWRVTXHVmRFDSD]HVGHGHPRQVWUDUTXHDXQLGDGHFRQGRPLQLDOIRL
WUDQVIHULGD D WHUFHLUD SHVVRD DWUDYpV GH FRQWUDWR GH FRPSURPLVVR GH
FRPSUDHYHQGDHTXHR&RQGRPtQLRSRVVXtDFLrQFLDLQHTXtYRFDGHTXHD
XQLGDGH QR SHUtRGR GR LQDGLPSOHPHQWR QmR HUD RFXSDGD SHORV
DSHODGRV 5HFXUVR LPSURYLGR´ $SHODomR  ±
5HODWRU&DLR0DUFHOR0HQGHVGH2OLYHLUD±&RPDUFD6mR%HUQDUGRGR
&DPSR ± ÏUJmR MXOJDGRU  &kPDUD GH 'LUHLWR 3ULYDGR ± 'DWD GR
MXOJDPHQWR±'DWDGHUHJLVWUR

2XWURVVLP p GLVWRUFLGD D LQWHUSUHWDomR GR DFyUGmR GR ( 6XSHULRU

7ULEXQDOGH-XVWLoDGDODYUDGR0LQLVWUR6iOYLRGH)LJXHLUHGR7HL[HLUD
FLWDGR QR DFyUGmR UHFRUULGR PRUPHQWH DQWH DR DFyUGmR SDUDGLJPD
TXH Gi VXSHGkQHR DR SUHVHQWH UHFXUVR GR PHVPR 0LQLVWUR HP
VHQWLGRDEVROXWDPHQWHFRQWUiULRRTXDOVHSHGHYrQLDSDUDUHSHWLU

³&RPSURPLVVR GH FRPSUD H YHQGD ± &RQGRPtQLR ± 'HVSHVDV

FRQGRPLQLDLV±SURPLWHQWHYHQGHGRUTXHQmRUHVSRQGHSRUWDLVHQFDUJRV
DSyV D DOLHQDomR GR LPyYHO DLQGD TXH R FRQWUDWR QmR WHQKD VLGR
UHJLVWUDGR´ 5HFXUVR (VSHFLDO Qž 63 ± 4XDUWD 7XUPD ±
-XOJDPHQWR±5HODWRU0LQLVWUR6iOYLRGH)LJXHLUHGR7HL[HLUD
±'-8

1mRGHIRUPDGLIHUHQWH

³$JUDYR UHJLPHQWDO 'LUHLWR &LYLO &RQGRPtQLR ± WD[DV FRQGRPLQLDLV

/HJLWLPLGDGH SDVVLYD SURPLWHQWH FRPSUDGRU ± GHWHQWRU GD SRVVH GR


 LPyYHO6~PXODVGR67-5HFXUVRLPSURYLGR,1DOLQKDGDRULHQWDomR
DGRWDGD SRU HVWH 7ULEXQDO D UHVSRQVDELOLGDGH SHODV GHVSHVDV GH
FRQGRPtQLR DQWH D H[LVWrQFLD GH SURPHVVD GH FRPSUD H YHQGD SRGH
UHFDLU WDQWR VREUH R SURPLWHQWH FRPSUDGRU TXDQWR VREUH R SURPLVViULR
YHQGHGRU GHSHQGHQGR GDV FLUFXQVWkQFLDV GH FDGD FDVR FRQFUHWR 6RE
HVVHSULVPDSRLVDTXHVWmRUHODFLRQDGDjSRVVHGRLPyYHOHQmRVyD
SURSULHGDGH p UHOHYDQWH SDUD D DIHULomR GD UHVSRQVDELOLGDGH SRU WDLV
HQFDUJRV ,, $JUDYR LPSURYLGR´ $J5J QR $J 5- ± 5HO 0LQLVWUR
6LGQHL %HQHWL ± 7HUFHLUD 7XUPD ± MXOJDGR HP  ± '-H


2XWUDGLVWRUomRJULWDQWHQRDFyUGmRUHFRUULGRTXHGLPDQDGHIDOKD
OyJLFD GL] UHVSHLWR DR IDWR GRV UHFRUUHQWHV QmR WHUHP VH LQVXUJLGR
FRQWUD DV GHVSHVDV TXH IRUDP HQYLDGDV j XQLGDGH 3HUJXQWDVH
FRPR FRQKHFHU HVVHV EDODQFHWHV VH D SRVVH H RV GLUHLWRV VREUH R
LPyYHOMiKDYLDPVLGRWUDQVIHULGRV"
3RUWRGRRH[SRVWRjOX]GDSD]VRFLDO±REMHWLYRGRGLUHLWR±HGD
/HLQmRSRGHSUHYDOHFHURDFyUGmRUHFRUULGR
,9±&DELPHQWRGHVWHUHFXUVR&3&DUW,,
9HULILFDVH WUDWDUVH GH TXHVWmR GHFLGLGD HP ~OWLPD LQVWkQFLD SHOR
TXHMXOJRXUHFXUVRGHDSHODomRFRQWUDGHFLVmRHPDomRVXPiULD
GH FREUDQoD GH GpELWRV FRQGRPLQLDLV QmR KDYHQGR PDLV TXDOTXHU
RXWURUHFXUVRVHQmRRTXHRUDpLQWHUSRVWR
$FUHVFHQWHVH D LVVR TXH QmR Ki IDODUVH HP UHH[DPH GH SURYD
PRUPHQWHSRUWUDWDUVHGHTXHVWmRH[FOXVLYDPHQWHGHGLUHLWR
3HODFRQWUDULHGDGHDOHLIHGHUDO
'DWD YHQLD D Y GHFLVmR UHFRUULGD FRQWUDULRX R &yGLJR &LYLO
IXQGDPHQWDOPHQWH RV DUWV  † ž H  , DSRQWDGRV QHVWD
LUUHVLJQDomR H DFRUGH FRP R GLVSRVWR QR DUW  ,,, ³D´ GD
&RQVWLWXLomR)HGHUDOGH

³$UW&RPSHWHDR6XSHULRU7ULEXQDOGH-XVWLoD

,,,±MXOJDUHPUHFXUVRHVSHFLDODVFDXVDVGHFLGLGDVHP~QLFDRX~OWLPD
LQVWkQFLD SHORV 7ULEXQDLV 5HJLRQDLV )HGHUDLV RX SHORV WULEXQDLV GRV
(VWDGRVGR'LVWULWR)HGHUDOH7HUULWyULRVTXDQGRDGHFLVmRUHFRUULGD´


 DFRQWUDULDUWUDWDGRRXOHLIHGHUDORXQHJDUOKHVYLJrQFLD
$VVLP D &DUWD 0DLRU DR WUDWDU GDV KLSyWHVHV GH FDELPHQWR GR
UHFXUVRHVSHFLDOIRLDOpPGDQHJDWLYDGHYLJrQFLDjOHLPDVUHIHULXVH
DFRQWUDULDUWUDWDGRRXOHLIHGHUDO
(VVDH[SUHVVmRpPXLWRPDLVDEUDQJHQWHTXHQHJDUYLJrQFLD
&RQWUDULDU VXS}H WRGD H TXDOTXHU IRUPD GH RIHQVD DR WH[WR OHJDO
TXHUGHL[DQGRGHDSOLFiORjVKLSyWHVHVTXHDHOHGHYHPVXEVXPLUVH
TXHUDSOLFDQGRRGHIRUPDHUU{QHDRXDLQGDLQWHUSUHWDQGRRGHPRGR
QmRDGHTXDGRHGLIHUHQWHGDLQWHUSUHWDomRFRUUHWDQRVHQWLUGRyUJmR
UHVSRQViYHOSHORFRQWUROHDRUHVSHLWRHSHODXQLIRUPL]DomRGRGLUHLWR
IHGHUDOTXHpR6XSHULRU7ULEXQDOGH-XVWLoD
&RUURERUDQGR FRP HVVD DVVHUWLYD HQVLQD R LQVLJQH SURIHVVRU
1HOVRQ /XL] 3LQWR TXH D 6~PXOD  GR 67) Vy GL]LD UHVSHLWR j
PDWpULD LQIUDFRQVWLWXFLRQDO XPD YH] TXH R GLVSRVLWLYR FRQVWLWXFLRQDO
DQWHULRUOHWUD³D´GRDUW,,,HPVXDSULPHLUDSDUWHDRUHIHULUVHj
PDWpULD FRQVWLWXFLRQDO GL]LD ³&RQWUDULDU GLVSRVLWLYR GHVVD
&RQVWLWXLomR´  LQDGPLWLQGRVH SRU YLD GH FRQVHTXrQFLD
LQWHUSUHWDomRUD]RiYHOGHQRUPDFRQVWLWXFLRQDO
'HVWDUWHHVVHpRHQWHQGLPHQWRTXHYLJRUDHPUHODomRDR5HFXUVR
(VSHFLDO FRP VXSHGkQHR QD OHWUD ³D´ GR DUW  ,,, GD &RQVWLWXLomR
)HGHUDOGH
1mRKiFRPRDGPLWLUVHKRMHjOX]GRPDQGDPHQWRFRQVWLWXFLRQDO
TXH D LQWHUSUHWDomR UD]RiYHO GH OHL IHGHUDO VHMD PRWLYR LPSHGLWLYR GR
FRQKHFLPHQWR GR UHFXUVR HVSHFLDO UHVWDQGR LQDSOLFiYHO R HQXQFLDGR
GDYHWXVWDV~PXODGR67)
&RP HIHLWR VHQGR R 6XSHULRU 7ULEXQDO GH -XVWLoD LQFXPELGR
FRQVWLWXFLRQDOPHQWH GD PLVVmR GH ]HODU SHOD FRUUHWD H XQLIRUPH
DSOLFDomRGRGLUHLWRIHGHUDOQmRSRGHFRQWHQWDUVHFRPLQWHUSUHWDo}HV
VLPSOHVPHQWHUD]RiYHLVGHRXWURV7ULEXQDLV
$GHPDLVDLQWHUSUHWDomRSHUSHWUDGDpTXHVWmRGHPpULWRGRUHFXUVR
HVSHFLDO
2UDQRFDVRVXERFXOLVRUHFXUVRJLUDH[FOXVLYDPHQWHHPWRUQRGD
TXHVWmR GD LQWHUSUHWDomR GRV DUWV  † ž H  , GR &yGLJR
&LYLO TXH QR HQWHQGLPHQWR GRV UHFRUUHQWHV IRL FRQWUDULDGR SHOR


(JUpJLR7ULEXQDODTXR
3RUGLVVtGLRMXULVSUXGHQFLDO
1mRpVy
&RPR YLVWR QD GHFLVmR UHFRUULGD GH DFRUGR FRP R PDQGDPHQWR
LQVFXOSLGR QR DUW  ,,, ³F´ GD &RQVWLWXLomR )HGHUDO DOpP GD
IODJUDQWH FRQWUDULHGDGH D /HL )HGHUDO REVHUYDVH LQTXHVWLRQiYHO
GLVVtGLR MXULVSUXGHQFLDO GHYLGDPHQWH SURYDGR PHGLDQWH FLWDomR GR
UHSRVLWyULRRILFLDOFRPQ~PHURGDVSiJLQDV±GRFXPHQWRDOpPGH
SHUFXFLHQWH GHPRQVWUDomR DQDOtWLFD GDV VHPHOKDQoDV FRP D
WUDQVFULomRGRVDFyUGmRVQDSDUWH~WLODFRUGHFRPRGLVSRVWRQRDUW
†žGR&yGLJRGH3URFHVVR&LYLO
$GHPDLVKiUHPDQVRVDMXULVSUXGrQFLDGRSUySULR&ROHQGR6XSHULRU
7ULEXQDOGH-XVWLoDYLVFHUDOPHQWHFRQWUiULDjGHFLVmRUHFRUULGDHSRU
YLDGHFRQVHTXrQFLDDFRUGHFRPRSHGLGRGHVWHUHFXUVRQREUH
3UHTXHVWLRQDPHQWR
5HVWD LQHTXtYRFR TXH D 5HFRUUHQWH SUHTXHVWLRQRX D TXHVWmR GD
FRQWUDULHGDGHGR&yGLJR&LYLODUWV†žHQRLWHP³´
GDLQLFLDOH³´GDFRQWHVWDomR
&RPHIHLWRDGHFLVmRDWDFDGDHQIUHQWDQGRDTXHVWmRDVVHYHURX

³&RPRSURSULHWiULRTXHpDUHFRUUHQWHFRQWLQXDUHVSRQViYHOSRUWRGRV

RV {QXV GR VHX LPyYHO DWp D HIHWLYD WUDQVIHUrQFLD GHOH TXH VH RSHUD
FRPRUHJLVWURGRWtWXORDTXLVLWLYRMXQWRjPDWUtFXODGRLPyYHO´

5HIHULQGRVHjVGHVSHVDVHjOHJLWLPLGDGHLQWHUSUHWDQGRRVFLWDGRV
GLVSRVLWLYRV GH OHL IHGHUDO DVVHYHURX R DFyUGmR UHFRUULGR TXH DV
GHVSHVDV GH FRQGRPtQLR FRPSHWHP jTXHOH TXH H[FOXVLYDPHQWH
ILJXUHQDPDWUtFXODYH]TXH

DXWRUL]DPFREUDQoDSRUGHFRUUHUHPGHREULJDomRSURSWHUUHP

4XHVWmRGHGLUHLWR±LQH[LVWrQFLDGHVLPSOHVUHH[DPHGHSURYDV

³1mRVHSRGHFRQIXQGLUµUHH[DPHGHSURYD¶FRPµTXHVWmRGHIDWR¶SRLVR
UHH[DPH GH SURYD p XPD HVSpFLH GR JrQHUR TXHVWmR GH IDWR (VVD
FRQVWDWDomROHYDDFRQFOXVmRGHTXHRVIDWRVTXDQGRQmRGHFRUUHPGR
UHH[DPHGDSURYDSRGHPVHUDQDOLVDGRVSHODV&RUWHV6XSHULRUHV


 3RU H[HPSOR R QDVFLPHQWR FRP YLGD p XP IDWR FXMD FRQVHTXrQFLD
MXUtGLFD p D DTXLVLomR GD SHUVRQDOLGDGH FLYLO ([LVWHP IDWRV TXH
FRQVWLWXHPRQDVFLPHQWRSH[DH[SXOVmRGRIHWRGR~WHURDVDtGDGR
FRUSRGDFULDQoDIRUDGRFRUSRGDPmHHDYLGDSH[DLQJHVWmRGHDU
QRV SXOP}HV D PRGLILFDomR GR VDQJXH D RVVLILFDomR GH DOJXQV SRQWRV
GR HVTXHOHWR H DPERV UHTXHUHP SURYDV -XOJDU VH HVVHV IDWRV HVWmR
SURYDGRV p XPD TXHVWmR GH IDWR HQTXDQWR MXOJDU VH HVVHV IDWRV GHUDP
RULJHPjSHUVRQDOLGDGHFLYLOpXPDTXHVWmRGHGLUHLWR´

1mR VH WUDWD GH SRU H[HPSOR UHH[DPLQDU D SURYD FRPR RFRUUHULD
QDYHULILFDomRGHTXHPpDFXOSDHPDFLGHQWHGHWUkQVLWRDQDOLVDQGR
EROHWLPGHRFRUUrQFLDGHSRLPHQWRGHWHVWHPXQKDVHODXGRDLQGDTXH
LVVRVHMDIXQGDPHQWDOSDUDVDEHUVHDVUHJUDVGRVDUWVHGR
&yGLJR &LYLO IRUDP EHP DSOLFDGDV 3RU RXWUR ODGR VH D FXOSD UHVWD
DILUPDGDGLDQWHGDVSURYDVGRVDXWRVHDLQGDDVVLPQmRVHFRQGHQD
RFXOSDGRSHORDFLGHQWHUHVWDHYLGHQWHTXHDTXDOLILFDomRMXUtGLFDGRV
IDWRV UHVXOWD HP TXHVWmR GH GLUHLWR DSWD D VHU DQDOLVDGD SHOD &RUWH
6XSHULRU
/RJR R TXHVWLRQDPHQWR VREUH ³R TXH´ RX ³FRPR´ DV FRLVDV
RFRUUHUDPUHSUHVHQWDXPD³TXHVWmRGHIDWR´
3RU RXWUR ODGR D LQGDJDomR VREUH DV FRQVHTXrQFLDV MXUtGLFDV GR
IDWRRFRUULGRpXPD³TXHVWmRGHGLUHLWR´
(VVDFRQVWDWDomROHYDjFRQFOXVmR GHTXHDSUHPLVVDGRFRQWUROH
GDV GHFLV}HV MXGLFLDLV SRU PHLR GH UHFXUVR GH HVWULWR GLUHLWR p D
VLWXDomR IiWLFD WDO FRPR FRQVLGHUDGD H[LVWHQWH SHODV LQVWkQFLDV
RUGLQiULDV R TXH QmR DIDVWD D SRVVLELOLGDGH GH VH TXDOLILFDU
MXULGLFDPHQWHGHRXWUDIRUPDRVIDWRVMiSURYDGRVHVVDpH[DWDPHQWH
DIXQomRFRQVWLWXFLRQDOGDV&RUWHV6XSHULRUHV
'HDFRUGRFRP-RVp&DUORV%DUERVD0RUHLUD
³HPJHUDOVHFRQVLGHUDµGHGLUHLWR¶DTXHVWmRUHODWLYDjTXDOLILFDomR
MXUtGLFD GRV IDWRV GH PRGR TXH R 7ULEXQDO HPERUD QmR OKH VHMD
OtFLWRUHSHOLUFRPRLQYHUtGLFDDYHUVmRGRVDFRQWHFLPHQWRVDFHLWDSHOR
MXt]R LQIHULRU VHP G~YLGD SRGH TXDOLILFiOD FRPR WRWDO OLEHUGDGH
HYHQWXDOPHQWH GH PDQHLUD GLYHUVD GDTXHOD TXH R IL]HUD R yUJmR µD
TXR¶ HP RUGHP D H[WUDLU GHOHV FRQVHTXrQFLDV MXUtGLFDV WDPEpP
GLIHUHQWHV´


 1HVVHVHQWLGR

6XSHULRU7ULEXQDOGH-XVWLoD³(%5(VS±3URFHVVXDOFLYLO±5HFXUVR

HVSHFLDO ± IDWR ± SURYD GR IDWR ± 2 UHFXUVR HVSHFLDO SRU VXD QDWXUH]D
DQDOLVD R IDWR 1mR Ki GLUHLWR VHP IDWR 1mR FRQIXQGLU D KLSyWHVH GH
SURYD GR IDWR ± QR VHQWLGR GH UHVROYHU R FRQMXQWR SUREDWyULR ID]HU D
UHVSHFWLYDDYDOLDomR$LQWHUSUHWDomRGD6~PXODGR67-UHFODPDHVVD
GLUHWUL]´ 5(VS 63 ±  7XUPD ± 5HO 0LQLVWUR 9LFHQWH
&HUQLFFKLDUR±M±'-8S
$OLiV ³GRQGH HVWiQ ORV SURFHVVRV GH SXUR GHUHFKR" (Q PL YLGD MXGLFLDO
DSHQDVWURSHFHFRPHOORV/DYLGDHVWDIRUPDGDSRUKHFKRVVHGLVFXWH
VREUHKHFKRV\GHHOORVQDVFHHOGHUHFKRµH[IDFWRRULXQWXULXV¶(OSXUR
GHUHFKR GHVFRQHFWDGR GH ORV KHFKRV QR H[LVWH (O GHUHFKR TXH VH
DSOLFD DO KHFKR HO KHFKR TXH VH VXEVXPH HP HO GHUHFKR VRQ QR
IHQ{PHQRVUHFtSURFRVVLQRHOPLVPRIHQ{PHQR´

$VVLPGHGX]VHR
9±3HGLGR
3HGHVH H HVSHUDVH TXH HVVD (J 3UHVLGrQFLD FRQKHoD H DGPLWD
HVWH UHFXUVR H UHPHWD RV DXWRV DR 6XSHULRU 7ULEXQDO GH -XVWLoD SDUD
UHFHELPHQWR SURFHVVDPHQWR H DFROKLPHQWR UHIRUPDGD D GHFLVmR
UHFRUULGDFXPSULGDVDVQHFHVViULDVIRUPDOLGDGHVOHJDLVFRPRPHGLGD
GHLQWHLUDMXVWLoD
$FODUDQGRRSHGLGRGHUHIRUPDGDGHFLVmRUHTXHUVHRSURYLPHQWR
GR SUHVHQWH 5HFXUVR (VSHFLDO H R FRQVHTXHQWH UHFRQKHFLPHQWR GD
LOHJLWLPLGDGH GH SDUWH GRV UHFRUUHQWHV SURPLWHQWHV YHQGHGRUHV
H[WLQJXLQGRVHRSURFHVVRQRVWHUPRVGRVDUWV9,FFRDUW
;,GR&3&LQYHUWHQGRVHRV{QXVGHVXFXPErQFLD
9HMDPRVDJRUDR
9,±3HGLGRGHHIHLWRVXVSHQVLYR
1RVWHUPRVGR†žGRDUWGR&yGLJRGHSURFHVVR&LYLO

³† ž 2 SHGLGR GH FRQFHVVmR GH HIHLWR VXVSHQVLYR D UHFXUVR

H[WUDRUGLQiULR RX D UHFXUVR HVSHFLDO SRGHUi VHU IRUPXODGR SRU
UHTXHULPHQWRGLULJLGR
, ± DR WULEXQDO VXSHULRU UHVSHFWLYR QR SHUtRGR FRPSUHHQGLGR HQWUH D


 LQWHUSRVLomR GR UHFXUVR H VXD GLVWULEXLomR ILFDQGR R UHODWRU GHVLJQDGR
SDUDVHXH[DPHSUHYHQWRSDUDMXOJiOR
,,±DRUHODWRUVHMiGLVWULEXtGRRUHFXUVR
,,, ± DR SUHVLGHQWH RX YLFHSUHVLGHQWH GR WULEXQDO ORFDO QR FDVR GH R
UHFXUVRWHUVLGRVREUHVWDGRQRVWHUPRVGRDUW³

3RVWD DVVLP D TXHVWmR WHQGR HP YLVWD D LPLQrQFLD GH LQtFLR GD

H[HFXomR R TXH SRGH JHUDU SUHMXt]RV GH GLItFLO UHSDUDomR UHTXHUVH
GH 9RVVD ([FHOrQFLD D FRQFHVVmR GH HIHLWR VXVSHQVLYR DR SUHVHQWH
UHFXUVR VXVSHQGHQGR R SURFHVVR DWp XOWHULRU GHFLVmR QR ERMR GD
YHUWHQWHLUUHVLJQDomR
9,,±5HTXHULPHQWRVILQDLVDR7ULEXQDOGHRULJHP
5HTXHUVHDLQWLPDomRGRUHFRUULGRSDUDTXHUHVSRQGDTXHUHQGR
QR SUD]R GH  GLDV DSyV HVWD PDQLIHVWDomR GH LQFRQIRUPLVPR VHU
UHFHELGD H SURWRFROL]DGD QD VHFUHWDULD GHVWH 7ULEXQDO &3& DUW
ILQGRHVVHSUD]RFRPRXVHPFRQWUDUUD]}HVVHMDPUHPHWLGRV
LQFRQWLQHQWLDR6XSHULRU7ULEXQDOGH-XVWLoDFXPSULGDVDVQHFHVViULDV
IRUPDOLGDGHVOHJDLVSDUDSURYLPHQWRFRPRPHGLGDGHLQWHLUDMXVWLoD
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

12.7.PEDIDO DE ATRIBUIÇÃO DE EFEITO SUSPENSIVO A RECURSO

ESPECIAL INTERPOSTO

([PR6U'U0LQLVWUR3UHVLGHQWHGR(2X ([PR 6U 'U

0LQLVWUR5HODWRUGR5HFXUVR
5HFXUVR(VSHFLDORX([WUDRUGLQiULRQ
2ULJHP
 SRU VHXV DGYRJDGRV H SURFXUDGRUHV QR 5HFXUVR  H[WUDtGR
GDDSHODomRQDDomRTXHOKHVPRYHYHPUHVSHLWRVDPHQWH
SHUDQWH9RVVD([FHOrQFLDQRVWHUPRVGR†žGRDUWGR&yGLJR
GH3URFHVVR&LYLOUHTXHUHU


 &RQFHVVmRGHHIHLWRVXVSHQVLYRDR5HFXUVR(VSHFLDOLQWHUSRVWR
R TXH ID] FRP IXQGDPHQWR QRV DUJXPHQWRV GH IDWR H GH GLUHLWR D
VHJXLUDGX]LGRV
,±3RVVLELOLGDGHMXUtGLFDGRSUHVHQWHSHGLGR
1RVWHUPRVGR†žGRDUWGR&yGLJRGHSURFHVVR&LYLO

³† ž 2 SHGLGR GH FRQFHVVmR GH HIHLWR VXVSHQVLYR D UHFXUVR

H[WUDRUGLQiULR RX D UHFXUVR HVSHFLDO SRGHUi VHU IRUPXODGR SRU
UHTXHULPHQWRGLULJLGR
, ± DR WULEXQDO VXSHULRU UHVSHFWLYR QR SHUtRGR FRPSUHHQGLGR HQWUH D
LQWHUSRVLomR GR UHFXUVR H VXD GLVWULEXLomR ILFDQGR R UHODWRU GHVLJQDGR
SDUDVHXH[DPHSUHYHQWRSDUDMXOJiOR
,,±DRUHODWRUVHMiGLVWULEXtGRRUHFXUVR
,,, ± DR SUHVLGHQWH RX YLFHSUHVLGHQWH GR WULEXQDO ORFDO QR FDVR GH R
UHFXUVRWHUVLGRVREUHVWDGRQRVWHUPRVGRDUW´

3RVWD DVVLP D TXHVWmR HP UHJUD R 5HFXUVR (VSHFLDO QmR WHP

RUGLQDULDPHQWH R FRQGmR GH VDOYDJXDUGDU SRU VL Vy D WXWHOD QHOH
EXVFDGDSRVWRTXHpGRWDGRDSHQDVGRHIHLWRGHYROXWLYR
1R HQWDQWR HP FLUFXQVWkQFLDV H[FHSFLRQDLV H QRV WHUPRV GR
SHUPLVVLYROHJDOTXHHPEDVDRSUHVHQWHSHGLGRGHVGHTXHSUHVHQWHV
GHWHUPLQDGRVUHTXLVLWRVKiVLWXDo}HVHPTXHpSUHFLVRVXVSHQGHURV
HIHLWRVGDGHFLVmRUHFRUULGDSDUDJDUDQWLUDHILFiFLDGDXOWHULRUGHFLVmR
GDFDXVD
1HVVDV KLSyWHVHV p PLVWHU TXH VH DWULEXD HIHLWR VXVSHQVLYR DR
5HFXUVR(VSHFLDO
'HVWD IRUPD FRQVLGHUDQGR TXH R HPLQHQWH ULVFR HP UD]mR 
SRGHUi SURYRFDU GDQRV LUUHSDUiYHLV j UHFRUUHQWH H WHQGR HP YLVWD D
SODXVLELOLGDGH GD WHVH MXUtGLFD VXVWHQWDGD YHP D UHFRUUHQWH UHTXHUHU
TXH 9RVVD ([FHOrQFLD FRQFHGD R HIHLWR VXVSHQVLYR DR YHUWHQWH
5HFXUVR(VSHFLDO
,,±)XPXVERQLLXULV
2 SUHVHQWH UHFXUVR IRL LQWHUSRVWR DQWH D GHPRQVWUDomR QRV DXWRV
GHFRQWUDULHGDGHDRVGLVSRVLWLYRVOHJDLVLQYRFDGRVTXDLVVHMDP
YH] TXH RV 9 $FyUGmRV UHFRUULGRV PDQLIHVWDPHQWH FRQWUDULDUDP H


QHJDUDPYLJrQFLDDRVFLWDGRVGLVSRVLWLYRVYH]TXH
,,,±3HULFXOXPLQPRUD
&RPR VH GHSUHHQGH GR DQGDPHQWR GD DomR SULQFLSDO D 5HFRUULGD
UHTXHUHX
&RPR HVWi FODUDPHQWH GHPRQVWUDGR QDV UD]}HV GR UHFXUVR
HVSHFLDO SRU PDLV GH XP HQIRTXH p DEVXUGD D VLWXDomR LPSRVWD j
UHFRUUHQWHSRVWRTXH
3RU RXWUR ODGR p QHFHVViULR UHVVDOWDU TXH D DWULEXLomR GH HIHLWR
VXVSHQVLYR DR SUHVHQWH UHFXUVR HVSHFLDO QmR FDXVDUi QHQKXP GDQR
DRUHFRUULGRPRUPHQWHSRUTXH
$VVLPHPYLUWXGHGRVUHIOH[RVGDVDWLWXGHVGDUHFRUULGDMXVWLILFDVH
D FRQFHVVmR GR HIHLWR VXVSHQVLYR GHWHUPLQDQGR D VXVSHQVmR GR
SURFHVVRSDUDTXHVHHYLWH
'LVS}HDLQGDRDUWLJRGR&yGLJRGH3URFHVVR&LYLO

³$UW  2V UHFXUVRV QmR LPSHGHP D HILFiFLD GD GHFLVmR VDOYR
GLVSRVLomROHJDORXGHFLVmRMXGLFLDOHPVHQWLGRGLYHUVR
3DUiJUDIR ~QLFR $ HILFiFLD GD GHFLVmR UHFRUULGD SRGHUi VHU VXVSHQVD
SRU GHFLVmR GR UHODWRU VH GD LPHGLDWD SURGXomR GH VHXV HIHLWRV KRXYHU
ULVFR GH GDQR JUDYH GH GLItFLO RX LPSRVVtYHO UHSDUDomR H ILFDU
GHPRQVWUDGDDSUREDELOLGDGHGHSURYLPHQWRGRUHFXUVR´

3RVWDDVVLPDTXHVWmRDFRQFHVVmRGRHIHLWRVXVSHQVLYRDOPHMDGR
HYLWDUiVpULRVHLUUHSDUiYHLVSUHMXt]RVjUHFRUUHQWHWHQGRHPYLVWD
/XL]*XLOKHUPH0DULQRQLHQVLQD

³6HRWHPSRpDGLPHQVmRIXQGDPHQWDOQDYLGDKXPDQDQRSURFHVVRHOH
GHVHPSHQKD LGrQWLFR SDSHO SRLV SURFHVVR WDPEpP p YLGD 2 WHPSR GR
SURFHVVR DQJXVWLD RV OLWLJDQWHV WRGRV FRQKHFHP RV PDOHV TXH D
SHQGrQFLDGDOLGHSRGHUSURGX]LU3RURXWURODGRDGHPRUDSURFHVVXDOp
WDQWR PDLV LQVXSRUWiYHO TXDQWR PHQRV UHVLVWHQWH HFRQRPLFDPHQWH p D
SDUWH R TXH YHP D DJUDYDU D TXDVH TXH LQVXSRUWiYHO GHVLJXDOGDGH
VXEVWDQFLD QR SURFHGLPHQWR 2 WHPSR FRPR VH SRGH VHQWLU p XP GRV
JUDQGHVDGYHUViULRVGRLGHDOGHHIHWLYLGDGHGRSURFHVVR´/XL]*XLOKHUPH
0DULQRQL (IHWLYLGDGH GR SURFHVVR H WXWHOD GH XUJrQFLD 3RUWR $OHJUH
6pUJLR$QW{QLR)DEULV(GLWRUS


 ( R LQGLJLWDGR WHPSR LPSOLFD R SHULJR GD GHPRUD VHQGR UHOHYDQWH
PHQFLRQDURTXHHQVLQD(GXDUGRGH0HOR0HVTXLWD

³VLJQLILFDRULVFRLPLQHQWHGHTXHRFRUUHQGRFHUWRVIDWRVLPSHGLGD
HVWDUi D HIHWLYLGDGH GD SUHVWDomR MXULVGLFLRQDO (P RXWURV WHUPRV
WUDGX]VHQDSUREDELOLGDGHGDRFRUUrQFLDGHGDQRDXPDGDVSDUWHVHP
DWXDO RX IXWXUD DomR SULQFLSDO FRPR UHVXOWDGR GD PRURVLGDGH QR VHX
SURFHVVDPHQWR RX MXOJDPHQWR +DYHQGR SRVVLELOLGDGH GH SUHMXt]R GR
DXWRUGDDomRFDXWHODUQDDomRSULQFLSDOGHFRUUrQFLDGDGHPRUDQRVHX
SURFHVVDPHQWR RX MXOJDPHQWR HVWDUi SUHHQFKLGR R UHTXLVLWR GR
SHULFXOXP LQ PRUD´ (GXDUGR 0HOR GH 0HVTXLWD $V WXWHODV FDXWHODU H
DQWHFLSDGD6mR3DXOR57S

(P FRQVRQkQFLD FRP R DFDWDGR R UHFRUUHQWH SUHHQFKH RV

UHTXLVLWRV OHJDLV SDUD D DWULEXLomR GR HIHLWR VXVSHQVLYR DR 5HFXUVR
(VSHFLDO
'HRXWUDEDQGDQmRH[LVWHSHULJRGHLUUHYHUVLELOLGDGH
,VWRSRVWRGHGX]VHR
,9±3HGLGR
'LDQWH GH WRGR R H[SRVWR UHTXHU D 9RVVD ([FHOrQFLD FRP D
XUJrQFLDTXHRFDVRGHPDQGDDFRQFHVVmRGHHIHLWRVXVSHQVLYRDR
UHFXUVR HVSHFLDO DSOLFDQGRVH † ž GR DUW  EHP FRPR R
SDUiJUDIR ~QLFR GR DUW  DPERV GR &3& LQFOXVLYH SDUD PDQWHU
VXVSHQVR R DQGDPHQWR GR SURFHVVR SULQFLSDO HP SULPHLUD LQVWkQFLD
DWpRMXOJDPHQWRILQDOGR5HFXUVR(VSHFLDOLQWHUSRVWR
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

12.8.AGRAVO EM RECURSO ESPECIAL E EM RECURSO

EXTRAORDINÁRIO

([PR6U'U3UHVLGHQWHRX9LFH3UHVLGHQWHGR&ROHQGR




 $XWRV
 SRU VHXV DGYRJDGRV VXEVFULWRUHV QRV DXWRV GR UHFXUVR
HVSHFLDO HP HStJUDIH LQWHUSRVWR SRU  YHP UHVSHLWRVDPHQWH
SHUDQWH9RVVD([FHOrQFLDGLDQWHGDUGHFLVmRPRQRFUiWLFDGHIOV
LQWHUSRURSUHVHQWH
$JUDYRHP5HFXUVR(VSHFLDORX([WUDRUGLQiULR
RTXHID]FRPIXQGDPHQWRQRDUWLJRGR&yGLJRGH3URFHVVR
&LYLOHSHODVUD]}HVDVHJXLUDGX]LGDV
,±2EMHWRGHVWHUHFXUVR
eREWHUDUHIRUPDGDUGHFLVmRTXHQmRDGPLWLXR5HFXUVR(VSHFLDO
RSRUWXQDPHQWHLQWHUSRVWRIOVGRVDXWRVDGX]LQGRSDUDWDQWRTXH
R DFyUGmR REMHWR GR UHFXUVR LQWHUSRVWR FRLQFLGH FRP RULHQWDomR GD
&RUWH6XSHULRU
3DUD WDQWR LQYRFRXVH R SUHFHGHQWH MXOJDGR QRV WHUPRV GR DUW
 GR &yGLJR GH 3URFHVVR &LYLO FRQVXEVWDQFLDGR QR VHJXLQWH
DUHVWR

6XSHULRU 7ULEXQDO GH -XVWLoD ³3URFHVVR &LYLO 5HFXUVR 5HSHWLWLYR $UW

F GR &3& )UDXGH GH H[HFXomR (PEDUJRV GH WHUFHLUR 6~PXOD Q
67- &LWDomR YiOLGD 1HFHVVLGDGH &LrQFLD GH GHPDQGD FDSD] GH
OHYDU R DOLHQDQWH j LQVROYrQFLD 3URYD ÐQXV GR FUHGRU 5HJLVWUR GD
SHQKRUD $UW  † ž GR &3& >DWXDO DUW @ 3UHVXQomR GH IUDXGH
$UW$†ž>DWXDODUW†ž@GR&3&3DUDILQVGRDUW&
GR &3& >DWXDO DUW @ ILUPDVH D VHJXLQWH RULHQWDomR  e
LQGLVSHQViYHO FLWDomR YiOLGD SDUD FRQILJXUDomR GD IUDXGH GH H[HFXomR
UHVVDOYDGD D KLSyWHVH SUHYLVWD QR † ž GR DUW $ GR &3& >DWXDO DUW
 † ž@  2 UHFRQKHFLPHQWR GD IUDXGH GH H[HFXomR GHSHQGH GR
UHJLVWUR GD SHQKRUD GR EHP DOLHQDGR RX GD SURYD GH PiIp GR WHUFHLUR
DGTXLUHQWH 6~PXOD Q 67-  $ SUHVXQomR GH ERDIp p SULQFtSLR
JHUDOGHGLUHLWRXQLYHUVDOPHQWHDFHLWRVHQGRPLOHQDUDSDUrPLDDERDIp
VH SUHVXPH D PiIp VH SURYD  ,QH[LVWLQGR UHJLVWUR GD SHQKRUD QD
PDWUtFXOD GR LPyYHO p GR FUHGRU R {QXV GD SURYD GH TXH R WHUFHLUR
DGTXLUHQWHWLQKDFRQKHFLPHQWRGHGHPDQGDFDSD]GHOHYDURDOLHQDQWHj
LQVROYrQFLDVRESHQDGHWRUQDUVHOHWUDPRUWDRGLVSRVWRQRDUW†
žGR&3&>DWXDODUW@&RQIRUPHSUHYLVWRQR†žGRDUW$
GR &3& >DWXDO DUW  † ž@ SUHVXPHVH HP IUDXGH GH H[HFXomR D


 DOLHQDomR RX RQHUDomR GH EHQV UHDOL]DGD DSyV D DYHUEDomR UHIHULGD QR
GLVSRVLWLYR  3DUD D VROXomR GR FDVR FRQFUHWR  $SOLFDomR GD WHVH
ILUPDGD  5HFXUVR HVSHFLDO SURYLGR SDUD VH DQXODU R DFyUGmR
UHFRUULGR H D VHQWHQoD H FRQVHTXHQWHPHQWH GHWHUPLQDU R
SURVVHJXLPHQWR GR SURFHVVR SDUD D UHDOL]DomR GD LQVWUXomR SURFHVVXDO
QDIRUPDUHTXHULGDSHORVUHFRUUHQWHV´5(VS35±5HO0LQLVWUD
1DQF\ $QGULJKL ± 5HO S $FyUGmR 0LQLVWUR -RmR 2WiYLR GH 1RURQKD ±
&RUWH(VSHFLDO±MXOJDGRHP±'-H
1DGDREVWDQWHDVLWXDomRTXHVHDSUHVHQWDQRYHUWHQWHUHFXUVRp
GLYHUVDGDTXHODTXHHPEDVRXDGHFLVmRRUDUHFRUULGDHQDYHUGDGH
VH DGHTXD DR SUHFHGHQWH SDUDGLJPD PDV HP VHQWLGR WRWDOPHQWH
LQYHUVR
,VWRSRUTXHUHVWRXHYLGHQWHQmRKDYHQGRQHFHVVLGDGHGHSURYDRX
UHYROYLPHQWRGHPDWpULDIiWLFDPDVVLPSOHVDQiOLVHGDTXLORTXHUHVWD
LQFRQWURYHUVR QRV DXWRV TXH R UHFRUULGR DGTXLULX LPyYHO HQTXDQWR
SHQGLD H[HFXomR HP IDFH GR YHQGHGRU QD PHVPD FRPDUFD HP TXH
HOHYHQGHGRUGRLPyYHOGHFODURXGRPLFtOLR
1DGD REVWDQWH R UHFRUULGR QmR H[WUDLX DV FHUWLG}HV GH SUD[H
PHGLDQWH DV TXDLV SRGHULD IDFLOPHQWH FRQVWDWDU D H[LVWrQFLD GD
H[HFXomR GH RQGH VH H[WUDL R YHUWHQWH UHFXUVR DJLQGR DVVLP FRP
HYLGHQWHPiIp
,,±([SRVLomRGRGLUHLWR
'H IDWR D PiIp QmR VH SUHVXPH PDV QR FDVR FRQFUHWR GHFRUUH
GD LQF~ULD GHOLEHUDGD GR UHFRUULGR TXH UHSLWDVH QmR H[WUDLX DV
FHUWLG}HVGHSUD[HTXHTXDOTXHUXPSURYLGHQFLDDRSUDWLFDURQHJyFLR
MXUtGLFRTXHSUDWLFRX
3HQVDU R FRQWUiULR VHULD WRUQDU OHWUD PRUWD R DUW GR &yGLJR GH
3URFHVVR&LYLOVHJXQGRRTXDO

³$UW  $ DOLHQDomR RX D RQHUDomR GH EHP p FRQVLGHUDGD IUDXGH j

H[HFXomR

,9±TXDQGRDRWHPSRGDDOLHQDomRRXGDRQHUDomRWUDPLWDYDFRQWUDR
GHYHGRUDomRFDSD]GHUHGX]LORjLQVROYrQFLD´

1mRVXEVLVWLULDLJXDOPHQWHRDUWGR&yGLJR&LYLOQRkPELWRGD


IUDXGHFRQWUDFUHGRUHV

³$UW6HUmRLJXDOPHQWHDQXOiYHLVRVFRQWUDWRVRQHURVRVGRGHYHGRU
LQVROYHQWH TXDQGR D LQVROYrQFLD IRU QRWyULD RX KRXYHU PRWLYR SDUD VHU
FRQKHFLGDGRRXWURFRQWUDWDQWH´

2X VHMD QmR KDYHULD PDLV IUDXGH FRQWUD FUHGRUHV QR GLUHLWR
EUDVLOHLUR VH KRXYHVVH DQXODELOLGDGH GR QHJyFLR DSHQDV GHSRLV GD
DYHUEDomRGRJUDYDPH
&RPWRGRUHVSHLWRDTXHVWmRQmRpWmRVLPSOHVTXDQWRSDUHFH
$VVLPPLVWHUVHID]UHVSRQGHUjVHJXLQWHLQGDJDomRSRVVRDGTXLULU
WUDQTXLODPHQWH XP LPyYHO VH QmR KRXYHU SHQKRUD DUUHVWR VHTXHVWUR
RXTXDOTXHUSHQGrQFLDUHJLVWUDGDRXDYHUEDGDQDPDWUtFXOD"
'HILQLWLYDPHQWHQmR
$ SDU GH R DUW  GD /HL  HVWDEHOHFHU D HILFiFLD GRV
QHJyFLRV MXUtGLFRV LPRELOLiULRV VHP TXH KDMD TXDOTXHU FRQVWULomR RX
JUDYDPH QD PDWUtFXOD HVWD SUHVXQomR FRPR Mi GHFRUULD GR VLVWHPD
FRQVROLGDGRQD6~PXODGR67-pUHODWLYD
3RURXWUDVSDODYUDVHYLGHQWHPHQWH±HQmRKDYHULDQHFHVVLGDGHGH
/HL SDUD LVVR ± VH KRXYHU UHJLVWUR RX DYHUEDomR GH JUDYDPH D
SUHVXQomRGHLQHILFiFLDGDDTXLVLomRRXUHFHELPHQWRGHGLUHLWRVVREUH
RLPyYHOHPIDFHGHDo}HVUHDLVGtYLGDVHUHVWULo}HVDGPLQLVWUDWLYDVp
DEVROXWDRXVHMDQmRDGPLWLUiTXDOTXHUSURYDHPVHQWLGRFRQWUiULR
7RGDYLD VH QmR KRXYHU R UHJLVWUR QmR VLJQLILFD DXWRPDWLFDPHQWH
TXHRDGTXLUHQWHHVWiOLYUHWDQWRGDIUDXGHFRQWUDFUHGRUHVTXDQWRGD
IUDXGHjH[HFXomR
1mRKDYHQGRUHJLVWURGHTXDOTXHUSHQGrQFLDDFRQFOXVmRHYLGHQWH
HYLGHQWtVVLPD DOLiV p TXH R {QXV GD SURYD GH FRQKHFLPHQWR GR
JUDYDPHRXFRQVWULomRVHWUDQVIHUHSDUDRFUHGRURXSUHMXGLFDGR
,VWR VLJQLILFD TXH VH SUHVXPH GH IRUPD UHODWLYD D KLJLGH] GD
WUDQVIHUrQFLD PRGLILFDomR RX H[WLQomR GR GLUHLWR VREUH R LPyYHO VH
QmRKRXYHUUHJLVWURRXDYHUEDomRGRJUDYDPHRXFRQVWULomRPDVQmR
VLJQLILFD TXH QmR WHQKD KDYLGR IUDXGH FRQWUD FUHGRUHV RX IUDXGH j
H[HFXomR
6HQmRKRXYHUUHJLVWURRXDYHUEDomRGHJUDYDPHDHYHQWXDOIUDXGH


VHUi REMHWR GH YHULILFDomR FDVR D FDVR HP UD]mR GD GHPRQVWUDomR
SHORFUHGRURXSHORSUHMXGLFDGRGDPiIpGRDGTXLUHQWH
(VVDpDFRQFOXVmRTXHVHH[WUDLGRSDUiJUDIR~QLFRGRDUWGD
/HLVHJXQGRRTXDO³1mRSRGHUmRVHURSRVWDVVLWXDo}HV
MXUtGLFDVQmRFRQVWDQWHVGDPDWUtFXODQR5HJLVWURGH,PyYHLVLQFOXVLYH
SDUDILQVGHHYLFomRDRWHUFHLURGHERDIpTXHDGTXLULURXUHFHEHUHP
JDUDQWLDGLUHLWRVUHDLVVREUHRLPyYHOUHVVDOYDGRVRGLVSRVWRQRVDUW
 H DUW  GD /HL Qž  GH  H DV KLSyWHVHV GH
DTXLVLomR H H[WLQomR GD SURSULHGDGH TXH LQGHSHQGDP GH UHJLVWUR GH
WtWXORGHLPyYHO´
3RUWDQWR VH ± H SHUFHEDP TXH R FRQGLFLRQDQWH p LPSRUWDQWH ± R
DGTXLUHQWHHVWLYHUGHERDIpDR RSHUDUDDTXLVLomRRXRUHFHELPHQWR
GH JDUDQWLD LPRELOLiULD D HOH QmR SRGHUmR VHU RSRVWDV ³VLWXDo}HV
MXUtGLFDV QmR FRQVWDQWHV GD PDWUtFXOD´ RX VHMD Do}HV SHQKRUDV
DUUHVWRVHWF
&RQWXGR±HDtHVWiDFRQIXVmR±QmRVLJQLILFDTXHQmRKDYHQGRR
UHJLVWUR RX DYHUEDomR GH JUDYDPHV RX FRQVWULo}HV QD PDWUtFXOD R
VLVWHPDSUHVWLJLHRQHJyFLRHEHQHILFLHRWHUFHLURTXHKDMDSURFHGLGR
FRPPiIp
6HULDDWpDEVXUGRSHQVDURFRQWUiULR
3RVVtYHO H[HPSOLILFDU LPDJLQHVH DOJXpP FRPR QR YHUWHQWH FDVR
TXHDGTXLUDLPyYHOGHSHVVRDTXHDSDUGHQmRWHUHPIDFHGRVHX
LPyYHO TXDOTXHU JUDYDPH UHJLVWUDGR RX DYHUEDGR UHVSRQGH SRU
GtYLGDV DMXL]DGDV SRVVXL WtWXORV SURWHVWDGRV H DVVLP SRU GLDQWH QD
PHVPDFRPDUFDGDVLWXDomRGRLPyYHO
2DGTXLUHQWHSRGHUiVHUFRQVLGHUDGR³GHERDIp´QHVVDVLWXDomR"
(YLGHQWHPHQWH TXH QmR GH WDO VRUWH TXH KDYHUi D IUDXGH j
H[HFXomRHPUHODomRjVDo}HVMiDMXL]DGDVHDIUDXGHFRQWUDFUHGRUHV
HP UHODomR jTXHODV QmR DMXL]DGDV DWp HP YLUWXGH GD LQWHUSUHWDomR
FRUUHWDGRSDUiJUDIR~QLFRGRDUWGD/HL
$~QLFDGLIHUHQoDpTXHQHVVHVFDVRV±GHDXVrQFLDGHUHJLVWURRX
DYHUEDomR GR JUDYDPH RX FRQVWULomR ± FRPSHWLUi DR FUHGRU
GHPRQVWUDUDPiIpGRDGTXLUHQWHRFRQVLOLXPIUDXGLVSRVWRTXHHP
IDYRUGRDGTXLUHQWHGRLPyYHORXGRUHFHEHGRUGDJDUDQWLDFRQVLVWHQWH


HPLPyYHOPLOLWDUiDSUHVXQomR±UHODWLYD±GHERDIp
&RQWXGRVHPH[WUDLUDVFHUWLG}HVGHSUD[HDPiIpDIORUDHDSDU
GH QmR KDYHU TXDOTXHU FRQVWULomR QD PDWUtFXOD R QHJyFLR MXUtGLFR
SUDWLFDGR VHUi LQHILFD] SHUDQWH DomR RX H[HFXomR Mi DIRUDGD TXH
WHQKDP R FRQGmR GH UHGX]LU R DOLHQDQWH j LQVROYrQFLD SRGHUi VHU
DQXODGDHPUD]mRGDIUDXGHFRQWUDFUHGRUHVQRFDVRGHGtYLGDVDLQGD
QmR DMXL]DGDV DWUDYpV GD DomR SDXOLDQD RX UHYRFDWyULD RX VHUi
DQXODGD QRV FDVRV GH IDOVLILFDo}HV GH GRFXPHQWRV GR WLWXODU GR
LPyYHO
3HQVDU GLIHUHQWH VHULD SUHPLDU D PiIp R TXH GHILQLWLYDPHQWH QmR
GHFRUUHGRVLVWHPD
'HDFRUGRFRPD6~PXOD67-³2UHFRQKHFLPHQWRGDIUDXGHj
H[HFXomR GHSHQGH GR UHJLVWUR GD SHQKRUD GR EHP DOLHQDGR RX GD
SURYDGHPiIpGRWHUFHLURDGTXLUHQWH´
2TXHLVVRTXHUGL]HU"
4XHU GL]HU H[DWDPHQWH DTXLOR TXH IRL LQFRUSRUDGR FRP XPD
OLQJXDJHP FRQIXVD SHOD 0HGLGD 3URYLVyULD  H SHOD /HL
 RX VHMD TXH QmR KDYHQGR UHJLVWUR QD PDWUtFXOD GH
TXDOTXHUJUDYDPHDRFUHGRULQFXPEHDSURYDTXHRDGTXLUHQWHDJLX
GHPiIp
(HVVDSURYDSRGHFRQVLVWLUDSHQDVQDFRQVWDWDomRTXHGHFRUUHGD
DXVrQFLD GR RIHUHFLPHQWR GDV FHUWLG}HV GH SUD[H QD FRPDUFD GR
LPyYHOTXDQGRIDFLOPHQWHSRUWDLVGRFXPHQWRVSRGHULDRDGTXLUHQWH
YHULILFDUDLQVROYrQFLDGRDOLHQDQWHRXDGtYLGD
,,,±3HGLGR
3HGHVH H HVSHUDVH TXH HVVD (J 3UHVLGrQFLD HP UD]mR GR
H[SRVWR LH GD DGPLVVLELOLGDGH H SURFHGrQFLD GR 5HFXUVR (VSHFLDO
RUGHQHRSURFHVVDPHQWRHUHPHVVDGHVWHDJUDYRDR(JUpJLR6XSHULRU
7ULEXQDO GH -XVWLoD SDUD TXH VHMD FRQKHFLGR SHOR ' 5HODWRU
GHVLJQDGRHSRUHOHGDGRSURYLPHQWRDRUHFXUVR
,9±5HTXHULPHQWR
,VWR SRVWR VHUYH D SUHVHQWH SDUD UHTXHUHU D 9 ([FHOrQFLD TXH
SURWRFRODGDHVWDSHWLomRQD6HFUHWDULDGHVVH(J7ULEXQDOLQWLPHVHD


DJUDYDGDSDUDUHVSRQGHUTXHUHQGRQRSUD]RGHGLDVVHQGRTXH
DRGHSRLVVHMDPRVDXWRVUHPHWLGRVDR(JUpJLR6XSHULRU7ULEXQDOGH
-XVWLoD SDUD FRQKHFLPHQWR H SURYLPHQWR QRV H[DWRV WHUPRV GR DUW
†žGR&3&FXPSULGDVDVQHFHVViULDVIRUPDOLGDGHVOHJDLV
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

12.9.RECURSO EXTRAORDINÁRIO

([PR6U'U3UHVLGHQWHGR(JUpJLR7ULEXQDOGH-XVWLoDGH
3URFHVVRQ
MiTXDOLILFDGRQRVDXWRVGDDomRTXHPRYHHPIDFHGH
RX TXH OKH PRYH  YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLD SRU VHX DGYRJDGR FRP IXQGDPHQWR QR DUWLJR  ,,, ³D´
RX³E´³F´GD&RQVWLWXLomR)HGHUDOQmRVHFRQIRUPDQGRGDWDYHQLD
FRPRYDFyUGmRGD&kPDUDTXHGHFLGLXRUHFXUVRGHDSHODomR
YHPUHVSHLWRVDPHQWHLQWHUSRURSUHVHQWH
5HFXUVR (VSHFLDO FRP SHGLGR GH HIHLWR VXVSHQVLYR &3& DUW
†ž
RTXHID]WHPSHVWLYDPHQWHH[LELQGRGHVGHORJRRFRPSURYDQWHGR
SDJDPHQWR GR SUHSDUR GRFXPHQWR  R TXH ID] FRP VXSHGkQHR QR
DUW  H VHJXLQWHV GR &yGLJR GH 3URFHVVR &LYLO SHORV IDWRV H
UD]}HVDVHJXLUH[SRVWRV
,±3UHVVXSRVWRVDGPLVVLELOLGDGHGRUHFXUVRH[WUHPR
D3UHVVXSRVWRVH[WUtQVHFRV±WHPSHVWLYLGDGHHOHJLWLPLGDGH
2 YHUWHQWH UHFXUVR p WHPSHVWLYR QD H[DWD PHGLGD HP TXH D
SXEOLFDomRGRYDFyUGmRRUDUHFRUULGRVHGHXHP
3RVWDDVVLPDTXHVWmRDFRQWDJHPGRSUD]RWHYHLQtFLRHPH
VHHQFHUUDUiQRGLD
2XWURVVLP FRQVWD GRV DXWRV TXH DV SDUWHV VmR OHJtWLPDV H HVWmR


GHYLGDPHQWHUHSUHVHQWDGDV
'HVWDUWH HVWmR SUHHQFKLGRV RV SUHVVXSRVWRV H[WUtQVHFRV GH
DGPLVVLELOLGDGHGRUHFXUVRRUDLQWHUSRVWR
E3UHVVXSRVWRVLQWUtQVHFRV
(VWmR SUHVHQWHV R LQWHUHVVH UHFXUVDO H EHP DVVLP D XWLOLGDGH H
QHFHVVLGDGHGRSUHVHQWHUHFXUVRH[WUDRUGLQiULR
(P UHODomR DR FDELPHQWR GR UHFXUVR DV GHFLV}HV DQWHULRUHV DR Y
DFyUGmR UHFRUULGR H R SUySULR DFyUGmR HP TXHVWmR VH VXEPHWHP DR
GLVSRVWRQRDUWLJR,,,DOtQHD³D´RX³E´³F´³G´GD&RQVWLWXLomR
)HGHUDO R TXH VH DILUPD QD H[DWD PHGLGD HP TXH UHVWD YLRODGR R
DUWLJRGD&RQVWLWXLomR)HGHUDO
F5HSHUFXVVmRJHUDO
(PUHVSHLWRDRGLVSRVWRQD/HLGHGHGH]HPEURGH
TXHLQVHULXRDUW$QR&3&DJRUDHVSHOKDGRQRDUWR
&yGLJRGH3URFHVVR&LYLO
6HQGR DVVLP R UHFRUUHQWH GHPRQVWUDUi TXH j WRGD HYLGrQFLD D
TXHVWmRGLVFXWLGDQRVDXWRVSRVVXLUHSHUFXVVmRJHUDODSWDDHQVHMDUD
DGPLVVLELOLGDGH GR DSHOR H[WUDRUGLQiULR SRU HVVH FROHQGR 6XSUHPR
7ULEXQDO)HGHUDO
&RP HIHLWR p SRVVtYHO DILUPDU TXH FRQWD FRP UHSHUFXVVmR JHUDO D
PDWpULD TXH UHSUHVHQWD WUDQVFHQGrQFLD HP UHODomR DR GLUHLWR
YLQGLFDGR LQGLYLGXDOPHQWH RX VHMD D PDWpULD UHOHYDQWH GH RUGHP
S~EOLFD H LQWHUHVVH VRFLDO UHOHYDQWH H TXH WUDQVFHQGH R LQWHUHVVH
VXEMHWLYRGDVSDUWHVQDVROXomRGDFRQWURYpUVLD
1RJORVViULRGR6XSUHPR7ULEXQDO)HGHUDO

³$ 5HSHUFXVVmR *HUDO p XP LQVWUXPHQWR SURFHVVXDO LQVHULGR QD

&RQVWLWXLomR )HGHUDO GH  SRU PHLR GD (PHQGD &RQVWLWXFLRQDO 
FRQKHFLGDFRPRDµ5HIRUPDGR-XGLFLiULR¶2REMHWLYRGHVWDIHUUDPHQWDp
SRVVLELOLWDU TXH R 6XSUHPR 7ULEXQDO )HGHUDO VHOHFLRQH RV 5HFXUVRV
([WUDRUGLQiULRV TXH LUi DQDOLVDU GH DFRUGR FRP FULWpULRV GH UHOHYkQFLD
MXUtGLFDSROtWLFDVRFLDORXHFRQ{PLFD2XVRGHVVHILOWURUHFXUVDOUHVXOWD
QXPD GLPLQXLomR GR Q~PHUR GH SURFHVVRV HQFDPLQKDGRV j 6XSUHPD
&RUWH 8PD YH] FRQVWDWDGD D H[LVWrQFLD GH UHSHUFXVVmR JHUDO R 67)
DQDOLVDRPpULWRGDTXHVWmRHDGHFLVmRSURYHQLHQWHGHVVDDQiOLVHVHUi


 DSOLFDGDSRVWHULRUPHQWHSHODVLQVWkQFLDVLQIHULRUHVHPFDVRVLGrQWLFRV
$ SUHOLPLQDU GH 5HSHUFXVVmR *HUDO p DQDOLVDGD SHOR 3OHQiULR GR 67)
DWUDYpV GH XP VLVWHPD LQIRUPDWL]DGR FRP YRWDomR HOHWU{QLFD RX VHMD
VHP QHFHVVLGDGH GH UHXQLmR ItVLFD GRV PHPEURV GR 7ULEXQDO 3DUD
UHFXVDUDDQiOLVHGHXP5(VmRQHFHVViULRVSHORPHQRVYRWRVFDVR
FRQWUiULR R WHPD GHYHUi VHU MXOJDGR SHOD &RUWH $SyV R UHODWRU GR
UHFXUVRODQoDUQRVLVWHPDVXDPDQLIHVWDomRVREUHDUHOHYkQFLDGRWHPD
RV GHPDLV PLQLVWURV WrP  GLDV SDUD YRWDU $V DEVWHQo}HV QHVVD
YRWDomRVmRFRQVLGHUDGDVFRPRIDYRUiYHLVjRFRUUrQFLDGHUHSHUFXVVmR
JHUDOQDPDWpULD´

-RVp 5RJpULR &UX] H 7XFFL VXVWHQWDP TXH UHSHUFXVVmR JHUDO

UHSUHVHQWD

³DH[LVWrQFLDRXQmRQRWKHPDGHFLGHQGXPGHTXHVW}HVUHOHYDQWHVVRE
DyWLFDHFRQ{PLFDSROtWLFDVRFLDORXMXUtGLFDTXHVXSODQWHPRLQWHUHVVH
LQGLYLGXDO GRV OLWLJDQWHV´ $QRWDo}HV VREUH D UHSHUFXVVmR JHUDO FRPR
SUHVVXSRVWR GH DGPLVVLELOLGDGH GR UHFXUVR H[WUDRUGLQiULR  'LVSRQtYHO
HP
KWWSZZZRDERUJEUHGLWRUDUHYLVWDXVHUVUHYLVWDSGI

&RQFOXL&UX]H7XFFL

³$QGRX EHP R OHJLVODGRU QmR HQXPHUDQGR DV KLSyWHVHV TXH SRVVDP WHU
WDO H[SUHVVLYD GLPHQVmR SRUTXH R UHIHULGR SUHFHLWR FRQVWLWXFLRQDO
HVWDEHOHFHX XP µFRQFHLWR MXUtGLFR LQGHWHUPLQDGR¶ FRPR WDQWRV RXWURV
SUHYLVWRV HP QRVVR RUGHQDPHQWR MXUtGLFR TXH DWULEXL DR MXOJDGRU D
LQFXPErQFLD GH DSOLFiOR GLDQWH GRV DVSHFWRV SDUWLFXODUHV GR FDVR
DQDOLVDGR´

eH[DWDPHQWHRFDVRGRSUHVHQWHUHFXUVRQRTXDO
([ SRVLWLV WHQGR HP YLVWD TXH D YLRODomR FRQVWLWXFLRQDO DSRQWDGD
FRPR IXQGDPHQWR GR SUHVHQWH UHFXUVR WUDQVFHQGH R GLUHLWR VXEMHWLYR
GDV SDUWHV GHPRQVWUDGD SRUWDQWR D UHSHUFXVVmR JHUDO QR FDVR
FRQFUHWRRSUHVHQWH5HFXUVR([WUDRUGLQiULRPHUHFHVHUFRQKHFLGR
,,±6tQWHVHGRSURFHVVRHGRGLUHLWRYLQGLFDGR±IDWRVHGLUHLWR
ID]HU XPD VtQWHVH GR SURFHVVR DXWRV GDQGR rQIDVH j YLRODomR
FRQVWLWXFLRQDOTXHSRVVXLRFRQGmRGHUHYHUWHURDFyUGmRUHFRUULGR


 (P UD]mR GR H[SRVWR R SUHVHQWH UHFXUVR H[WUHPR PHUHFH
FRQKHFLPHQWRHSURYLPHQWRRTXHVHHVSHUDGRV(PLQHQWHV0LQLVWURV
VREUHRVTXDLVUHFDLUiDGHFLVmRVREUHWmRUHOHYDQWHTXHVWmR
,,,±9LRODomRGRDUWGD&RQVWLWXLomR)HGHUDO
'HPRQVWUDU D YLRODomR GR GLVSRVLWLYR FRQVWLWXFLRQDO
IXQGDPHQWDQGRDVUD]}HV
,9±3HGLGRGHHIHLWRVXVSHQVLYR
1RVWHUPRVGR†žGRDUWGR&yGLJRGH3URFHVVR&LYLO

³† ž 2 SHGLGR GH FRQFHVVmR GH HIHLWR VXVSHQVLYR D UHFXUVR

H[WUDRUGLQiULR RX D UHFXUVR HVSHFLDO SRGHUi VHU IRUPXODGR SRU
UHTXHULPHQWRGLULJLGR
, ± DR WULEXQDO VXSHULRU UHVSHFWLYR QR SHUtRGR FRPSUHHQGLGR HQWUH D
LQWHUSRVLomR GR UHFXUVR H VXD GLVWULEXLomR ILFDQGR R UHODWRU GHVLJQDGR
SDUDVHXH[DPHSUHYHQWRSDUDMXOJiOR
,,±DRUHODWRUVHMiGLVWULEXtGRRUHFXUVR
,,, ± DR SUHVLGHQWH RX YLFHSUHVLGHQWH GR WULEXQDO ORFDO QR FDVR GH R
UHFXUVRWHUVLGRVREUHVWDGRQRVWHUPRVGRDUW´

3RVWD DVVLP D TXHVWmR WHQGR HP YLVWD D LPLQrQFLD GH  R TXH
SRGH JHUDU SUHMXt]RV GH GLItFLO UHSDUDomR UHTXHUVH GH 9RVVD
([FHOrQFLD D FRQFHVVmR GH HIHLWR VXVSHQVLYR DR SUHVHQWH UHFXUVR
VXVSHQGHQGR R SURFHVVR QD RULJHP DWp XOWHULRU GHFLVmR QR ERMR GD
YHUWHQWHLUUHVLJQDomR
9±3HGLGR
(PUD]mRGHWXGRTXDQWRIRLH[SRVWRUHTXHUVHMDDGPLWLGRHSURYLGR
R SUHVHQWH 5HFXUVR ([WUDRUGLQiULR SDUD  LQYHUWHQGRVH RV {QXV
VXFXPEHQFLDLV
9,±5HTXHULPHQWRVILQDLVDRWULEXQDOGHRULJHP
5HTXHUVHDLQWLPDomRGRUHFRUULGRSDUDTXHUHVSRQGDTXHUHQGR
QR SUD]R GH  GLDV DSyV HVWD PDQLIHVWDomR GH LQFRQIRUPLVPR VHU
UHFHELGDHSURWRFROL]DGDQDVHFUHWDULDGHVWH7ULEXQDOGHRULJHP&3&
DUW  ILQGR HVVH SUD]R FRP RX VHP FRQWUDUUD]}HV VHMDP
UHPHWLGRV LQFRQWLQHQWL DR 6XSUHPR 7ULEXQDO )HGHUDO FXPSULGDV DV


QHFHVViULDV IRUPDOLGDGHV OHJDLV SDUD SURYLPHQWR FRPR PHGLGD GH
LQWHLUDMXVWLoD
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

12.10.CONTRARRAZÕES A RECURSOS ESPECIAL OU

EXTRAORDINÁRIO

([PR'U'HVHPEDUJDGRU3UHVLGHQWHGR(7ULEXQDO
3URFHVVRQ
 Mi TXDOLILFDGR QRV DXWRV GR 5HFXUVR  H[WUDtGR GD DomR 
TXHPRYHHPIDFHGHRXTXHOKHPRYH  YHP UHVSHLWRVDPHQWH
SHUDQWH 9RVVD ([FHOrQFLD WHPSHVWLYDPHQWH SRU VHX SURFXUDGRU
IOV
&RQWUDUUD]}HVDR5HFXUVR
2 TXH ID] FRP IXQGDPHQWR QRV DUJXPHQWRV GH IDWR H GH GLUHLWR D
VHJXLUDGX]LGRV
,±)DWRV
7UDWDVHGHDomRGHQDTXDO
,,±2UHFXUVRLQWHUSRVWR
(PVtQWHVHRUHFRUUHQWHDGX]TXH
3DVVD HQWmR D GLVFRUUHU VREUH PDWpULD IiWLFD GH LPSRVVtYHO
DSUHFLDomRDWUDYpVGDYLDDQJXVWDGR5HFXUVR
&RPHIHLWRGHVSHQGHOLQKDVHOLQKDVGRVHXUHFXUVR
(VWUDQKDPHQWHVHLQVXUJHFRQWUDVHPFRQWXGRSUHTXHVWLRQDU
DPDWpULDDVVLPFRPRQmRSUHTXHVWLRQRXDGLYHUJrQFLDTXHDSRQWRX
HPUD]mRGRDUW
,,,±,QDGPLVVLELOLGDGHGR5HFXUVR
D4XHVWmRGHIDWR


 ³6~PXOD  GR 6XSHULRU 7ULEXQDO GH -XVWLoD $ SUHWHQVmR GH VLPSOHV
UHH[DPHGHSURYDQmRHQVHMDUHFXUVRHVSHFLDO
6~PXOD  GR 6XSUHPR 7ULEXQDO )HGHUDO 3DUD VLPSOHV UHH[DPH GH
SURYDQmRFDEHUHFXUVRH[WUDRUGLQiULR´

'D OHLWXUD GDV UD]}HV DSUHVHQWDGDV SHOR UHFRUUHQWH p HYLGHQWH

HYLGHQWtVVLPR DOLiV TXH VXD SUHWHQVmR VH FLUFXQVFUHYH DR VLPSOHV
UHH[DPH GH SURYD HVSHFLDOPHQWH GH SURYD  TXH HPSUHVWRX
VXSHGkQHRDRDFyUGmRUHFRUULGR
(PFRQVRQkQFLDFRPRDFDWDGRPHQFLRQD
(QWUHPHQWHV SDUD WDQWR MXVWLILFD VHX 5HFXUVR  QD LQDSWLGmR GD
SURYDQDTXDOVHVXVWHQWRXRMXGLFLRVRDFyUGmRUHFRUULGRTXHDR
ILQDO
$VVLP D TXHVWmR GHGX]LGD QR UHFXUVR RUD UHEDWLGR GHSHQGH GD
UHDSUHFLDomRGDSURYDTXHDSRQWRXDFULVWDOLQDDGRWDGDSHOR
DFyUGmRUHFRUULGR
(P VXPD KDYHULD D QHFHVVLGDGH GH UHDYDOLDU D SURYD DIDVWDQGR
VXDV FRQFOXV}HV ± DILQDO DFDWDGDV SHOR DFyUGmR UHFRUULGR ± SDUD
MXVWLILFDUDDSRQWDGDDIURQWDDRDUW
3RUWDQWRQmRVHDGPLWHDYHUWHQWHYLDUHFXUVDO
E,QWHPSHVWLYLGDGHGRUHFXUVR
&RPSXOVDQGRRVDXWRVpSRVVtYHOYHULILFDUTXHRYHUWHQWHUHFXUVRp
LQWHPSHVWLYR
,VWRSRUTXH
F$XVrQFLDGHSUHTXHVWLRQDPHQWR
-XVWDPHQWHSDUDHYLWDUTXHDSDUWHVRESUHWH[WRGHGHFLGLUTXHVWmR
IHGHUDORXFRQVWLWXFLRQDO±FRQIRUPHRFDVR±LQRYHDDomRHXWLOL]HRV
UHFXUVRV ([WUDRUGLQiULR H (VSHFLDO SDUD WXPXOWXDU RX DWUDVDU D
SUHVWDomRMXULVGLFLRQDOVXUJHDQHFHVVLGDGHGRSUHTXHVWLRQDPHQWR
7UDWDVHGHOLPLWHjIDFXOGDGHUHFXUVDOTXHEXVFDDSUHVHUYDomRGR
FDUiWHU GH LQWHUHVVH S~EOLFR GH UHVSHLWR jV QRUPDV IHGHUDLV H
FRQVWLWXFLRQDLVDRPHVPRWHPSRHPTXHVHUYHGHyELFHDRDEXVRGR
GLUHLWR GH GHPDQGD SUHYLVWR H[SUHVVDPHQWH QD FRGLILFDomR
SURFHVVXDO


 &RQFHGHQGR IRUoD D VHX FDUiWHU OLPLWDGRU GD SUHWHQVmR UHFXUVDO R
UHTXLVLWRGRSUHTXHVWLRQDPHQWRQmRDSHQDVUHYHODDQHFHVVLGDGHGH
TXH D TXHVWmR WHQKD VLGR LQYRFDGD SHOD SDUWH FRPR WDPEpP H
QHFHVVDULDPHQWH VREUH HOD KDMD R SURQXQFLDPHQWR MXGLFLDO TXH
KDYHUiGHIXQGDPHQWDURUHFXUVRGLULJLGRDVXSHULRULQVWkQFLD
1HFHVViULD SRLV GHFLVmR VREUH D PDWpULD SUHTXHVWLRQDGD HP
LQVWkQFLDLQIHULRU
7DOUHTXLVLWRSUHVWDVHDGXDVTXHVW}HVIXQGDPHQWDLV
3ULPHLUR DR QHFHVViULR SUHVWtJLR GD IXQomR MXULVGLFLRQDO GDV
LQVWkQFLDV LQIHULRUHV TXH VHP D H[LJrQFLD GR SUHTXHVWLRQDPHQWR
ILJXUDULDPFRPRPHUDV³LQVWkQFLDVGHSDVVDJHP´GDOLGHXPDYH]TXH
D SUHVWDomR MXULVGLFLRQDO HILFD] ± SRUTXH LUUHFRUUtYHO ± GHYHULD VHU
GDGDYLDGHUHJUDSHODVLQVWkQFLDVVXSHULRUHV
$ VHJXQGD TXHVWmR WUDWDVH GH SURMHomR GR SUySULR IXQGDPHQWR
WHOHROyJLFR GR UHFXUVR TXH VH WUDGX] QD YRFDomR GH GLULPLU
FRQWURYpUVLDDFHUFDGHTXHVWmRIHGHUDORXFRQVWLWXFLRQDOQRLQWHUHVVH
SRLVGDSUySULDRUGHPMXUtGLFD
(PVXPDRVUHTXLVLWRVGHDGPLVVLELOLGDGHGRVUHFXUVRV(VSHFLDORX
([WUDRUGLQiULR LPSHGHP R DF~PXOR GH SURFHVVR QRV WULEXQDLV
VXSHULRUHVTXHDFDEHSRUSUHMXGLFDUDQHFHVViULDUHIOH[mRGDV&RUWHV
VXSHULRUHVQDVTXHVW}HVGHPDLRUUHOHYkQFLDQRFXPSULPHQWRGHVXD
PLVVmRFRQVWLWXFLRQDO
1HVVHVHQWLGRDV6~PXODV

³6~PXOD  GR 6XSUHPR 7ULEXQDO )HGHUDO p LQDGPLVVtYHO R UHFXUVR

H[WUDRUGLQiULR TXDQGR QmR YHQWLODGD QD GHFLVmR UHFRUULGD D TXHVWmR
IHGHUDOVXVFLWDGD
6~PXOD  GR 6XSUHPR 7ULEXQDO )HGHUDO R SRQWR RPLVVR GD GHFLVmR
VREUH R TXDO QmR IRUDP RSRVWRV HPEDUJRV GHFODUDWyULRV QmR SRGH VHU
REMHWR GH 5HFXUVR ([WUDRUGLQiULR SRU IDOWDU R UHTXLVLWR GR
SUHTXHVWLRQDPHQWR´

2UD ([FHOrQFLDV QLWLGDPHQWH D TXHVWmR IHGHUDO FRQVWLWXFLRQDO

YHQWLODGDQmRIRLREMHWRGHDOHJDomRQDVFRQWUDUUD]}HVGRUHFXUVRGH
DSHODomRIOVHVHJXLQWHV


 7DPSRXFRIRLREMHWRGHDSUHFLDomRSHOR7ULEXQDO
%DVWDDVLPSOHVYHULILFDomRGRDFyUGmRUHFRUULGRIOVHVHJXLQWHV
SDUDVHFKHJDUDHVVDFRQFOXVmR
6H TXLVHVVH D UHFRUUHQWH SRGHULD WHU SURYLGHQFLDGR HPEDUJRV
GHFODUDWyULRVSDUDTXHR7ULEXQDOVHPDQLIHVWDVVHDUHVSHLWRHDLQGD
SDUDRVHIHLWRVGRDUWGR&yGLJRGH3URFHVVR&LYLOTXHSHUPLWH
TXH R SUHTXHVWLRQDPHQWR D SDU GR QmR FRQKHFLPHQWR GRV HPEDUJRV
GH GHFODUDomR VH R WULEXQDO VXSHULRU FRQVLGHUD HUUR RPLVVmR
FRQWUDGLomRRXREVFXULGDGH
&RPLVVRHPWHVHWHULDSUHTXHVWLRQDGRDPDWpULD
7RGDYLD DVVLP QmR SURFHGHX 3RUWDQWR LQYLiYHO R 5HFXUVR
LQWHUSRVWRWDPEpPSRUDXVrQFLDGHSUHTXHVWLRQDPHQWR
1RFDVRGH5HFXUVR([WUDRUGLQiULR
G$XVrQFLDGHYLRODomRGLUHWDDRGLVSRVLWLYRFRQVWLWXFLRQDOLQYRFDGR
$ TXHVWmR GLVFXWLGD QR YHUWHQWH SURFHVVR QmR WUDWD GD
FRQVWLWXFLRQDOLGDGHGRPDVGH
1HVVHVHQWLGRRDFyUGmRUHFRUULGRIXQGDPHQWDIOV

3RUWDQWRRVUHFRUUHQWHVWHQWDPHPYmRGLUHFLRQDUDVVXDVUD]}HV
jOX]GD&RQVWLWXLomRDVSHFWRTXHQmRVHGLVFXWH
,VWRSRUTXHLQGHSHQGHQWHPHQWHGDFRQVWLWXFLRQDOLGDGHQDYHUGDGH
DGLVFXVVmRJLUDHPWRUQRGDOHJDOLGDGHQmRFRQVWLWXFLRQDOLGDGHGD

1mR HVWi SUHVHQWH DVVLP D WRGD HYLGrQFLD GLVFXVVmR GH PDWpULD
FRQVWLWXFLRQDOPXLWRPHQRVUHIHUHQWHjYLRODomRGRDQmRVHUGH
PDQHLUDLQGLUHWDHPXLWRUHPRWD
1HVVDPHGLGDVXVWHQWDD0LQLVWUD(OOHQ*UDFLH

³$SUHFLDomR GR H[WUDRUGLQiULR TXH UHTXHU R UHH[DPH GRV IDWRV H GDV

SURYDV GD FDXVD DOpP GH PDWpULD GH tQGROH RUGLQiULD KLSyWHVHV QmR
FDEtYHLV QD YLD GR DSHOD H[WUHPR´ $JUDYR 5HJLPHQWDO QR $JUDYR GH
,QVWUXPHQWRQ±MHP

1RPHVPRVHQWLGR


 6XSUHPR 7ULEXQDO )HGHUDO ³$JUDYR GH ,QVWUXPHQWR ,QDGPLVVLELOLGDGH
,QWHPSHVWLYLGDGH&RPSURYDomRGHTXHRUHFXUVRIRLLQWHUSRVWRQRSUD]R
OHJDO 'HFLVmR DJUDYDGD 5HFRQVLGHUDomR 3URYDGD D VXD
WHPSHVWLYLGDGH GHYH VHU DSUHFLDGR R UHFXUVR  ([WUDRUGLQiULR
,QDGPLVVLELOLGDGH 3UHTXHVWLRQDPHQWR )DOWD $JUDYR UHJLPHQWDO QmR
SURYLGR $SOLFDomR GDV V~PXODV QRV  H  1mR VH DGPLWH UHFXUVR
H[WUDRUGLQiULRTXDQGRIDOWHSUHTXHVWLRQDPHQWRGDPDWpULDFRQVWLWXFLRQDO
LQYRFDGD  5HFXUVR ([WUDRUGLQiULR ,QDGPLVVLELOLGDGH 5HH[DPH GH
QRUPD LQIUDFRQVWLWXFLRQDO 2IHQVD LQGLUHWD j &RQVWLWXLomR $JUDYR
UHJLPHQWDO QmR SURYLGR 1mR FDEH UHFXUVR H[WUDRUGLQiULR TXH WHQKD SRU
REMHWR DOHJDomR GH RIHQVD TXH LUUDGLDQGRVH GH Pi LQWHUSUHWDomR
DSOLFDomR RX DWp GH LQREVHUYkQFLD GH QRUPDV LQIUDFRQVWLWXFLRQDLV
VHULD DSHQDV LQGLUHWD j &RQVWLWXLomR GD 5HS~EOLFD´ $,$J5  ±
6mR3DXOR±$J5HJQR$JUDYRGH,QVWUXPHQWR±0LQ&H]DU3HOXVR±M
HP±6HJXQGD7XUPD±3XEOLFDomR'-

'HVWD IRUPD SRVVtYHO D DSOLFDomR R YHUEHWH  GD V~PXOD 67)

YH] TXH D TXHVWmR GD  LPSOLFD HP ³UHYHU D LQWHUSUHWDomR GDGD D
QRUPDVLQIUDFRQVWLWXFLRQDLVSHODGHFLVmRUHFRUULGD´
$OLiVQRWDVHFRPWRGDFODUH]DTXHRVDFyUGmRVPHQFLRQDGRVSHODV
UHFRUUHQWHVSUHWHQGHPFRQIXQGLURVHXOHLWRUID]HQGRRDFUHGLWDUTXH
DGLVFXVVmRJLUDHPWRUQRGDFRQVWLWXFLRQDOLGDGHRTXHQmRpYHUGDGH
FRPRDPSODPHQWHGHPRQVWUDGR
H$XVrQFLDGHUHSHUFXVVmRJHUDO
(P UHVSHLWR DR GLVSRVWR QD /HL Q  GH  TXH
LQVHULX R DUW $ QR &3& DJRUD HVSHOKDGR QR DUW  R
&yGLJRGH3URFHVVR&LYLO
6HQGR DVVLP R UHFRUUHQWH GHYHULD WHU GHPRQVWUDGR TXH D TXHVWmR
GLVFXWLGD QRV DXWRV SRVVXL UHSHUFXVVmR JHUDO DSWD D HQVHMDU D
DGPLVVLELOLGDGH GR DSHOR H[WUDRUGLQiULR SRU HVVH FROHQGR 6XSUHPR
7ULEXQDO)HGHUDO
&RP HIHLWR p SRVVtYHO DILUPDU TXH FRQWD FRP UHSHUFXVVmR JHUDO D
PDWpULD TXH UHSUHVHQWD WUDQVFHQGrQFLD HP UHODomR DR GLUHLWR
YLQGLFDGR LQGLYLGXDOPHQWH RX VHMD D PDWpULD UHOHYDQWH GH RUGHP
S~EOLFD H LQWHUHVVH VRFLDO UHOHYDQWH H TXH WUDQVFHQGH R LQWHUHVVH
VXEMHWLYRGDVSDUWHVQDVROXomRGDFRQWURYpUVLD


 1RJORVViULRGR6XSUHPR7ULEXQDO)HGHUDO

³$ 5HSHUFXVVmR *HUDO p XP LQVWUXPHQWR SURFHVVXDO LQVHULGR QD

&RQVWLWXLomR )HGHUDO GH  SRU PHLR GD (PHQGD &RQVWLWXFLRQDO 
FRQKHFLGDFRPRDµ5HIRUPDGR-XGLFLiULR¶2REMHWLYRGHVWDIHUUDPHQWDp
SRVVLELOLWDU TXH R 6XSUHPR 7ULEXQDO )HGHUDO VHOHFLRQH RV 5HFXUVRV
([WUDRUGLQiULRV TXH LUi DQDOLVDU GH DFRUGR FRP FULWpULRV GH UHOHYkQFLD
MXUtGLFDSROtWLFDVRFLDORXHFRQ{PLFD2XVRGHVVHILOWURUHFXUVDOUHVXOWD
QXPD GLPLQXLomR GR Q~PHUR GH SURFHVVRV HQFDPLQKDGRV j 6XSUHPD
&RUWH 8PD YH] FRQVWDWDGD D H[LVWrQFLD GH UHSHUFXVVmR JHUDO R 67)
DQDOLVDRPpULWRGDTXHVWmRHDGHFLVmRSURYHQLHQWHGHVVDDQiOLVHVHUi
DSOLFDGDSRVWHULRUPHQWHSHODVLQVWkQFLDVLQIHULRUHVHPFDVRVLGrQWLFRV
$ SUHOLPLQDU GH 5HSHUFXVVmR *HUDO p DQDOLVDGD SHOR 3OHQiULR GR 67)
DWUDYpV GH XP VLVWHPD LQIRUPDWL]DGR FRP YRWDomR HOHWU{QLFD RX VHMD
VHP QHFHVVLGDGH GH UHXQLmR ItVLFD GRV PHPEURV GR 7ULEXQDO 3DUD
UHFXVDUDDQiOLVHGHXP5(VmRQHFHVViULRVSHORPHQRVYRWRVFDVR
FRQWUiULR R WHPD GHYHUi VHU MXOJDGR SHOD &RUWH $SyV R UHODWRU GR
UHFXUVRODQoDUQRVLVWHPDVXDPDQLIHVWDomRVREUHDUHOHYkQFLDGRWHPD
RV GHPDLV PLQLVWURV WrP  GLDV SDUD YRWDU $V DEVWHQo}HV QHVVD
YRWDomRVmRFRQVLGHUDGDVFRPRIDYRUiYHLVjRFRUUrQFLDGHUHSHUFXVVmR
JHUDO QD PDWpULD´ GLVSRQtYHO HP
KWWSZZZVWIMXVEUSRUWDOJORVVDULRYHU9HUEHWHDVS"OHWUD 5 LG !

-RVp 5RJpULR &UX] H 7XFFL VXVWHQWD TXH UHSHUFXVVmR JHUDO

UHSUHVHQWD

³DH[LVWrQFLDRXQmRQRWKHPDGHFLGHQGXPGHTXHVW}HVUHOHYDQWHVVRE
DyWLFDHFRQ{PLFDSROtWLFDVRFLDORXMXUtGLFDTXHVXSODQWHPRLQWHUHVVH
LQGLYLGXDO GRV OLWLJDQWHV´ $QRWDo}HV VREUH D UHSHUFXVVmR JHUDO FRPR
SUHVVXSRVWR GH DGPLVVLELOLGDGH GR UHFXUVR H[WUDRUGLQiULR 'LVSRQtYHO HP
KWWSZZZRDERUJEUHGLWRUDUHYLVWDXVHUVUHYLVWDSGI

&RQFOXL&UX]H7XFFL

³$QGRX EHP R OHJLVODGRU QmR HQXPHUDQGR DV KLSyWHVHV TXH SRVVDP WHU
WDO H[SUHVVLYD GLPHQVmR SRUTXH R UHIHULGR SUHFHLWR FRQVWLWXFLRQDO
HVWDEHOHFHX XP µFRQFHLWR MXUtGLFR LQGHWHUPLQDGR¶ FRPR WDQWRV RXWURV
SUHYLVWRV HP QRVVR RUGHQDPHQWR MXUtGLFR TXH DWULEXL DR MXOJDGRU D
LQFXPErQFLD GH DSOLFiOR GLDQWH GRV DVSHFWRV SDUWLFXODUHV GR FDVR
DQDOLVDGR´


 7RGDYLDHVWHSUHVVXSRVWRjWRGDHYLGrQFLDQmRHVWiSUHVHQWHQR
YHUWHQWHUHFXUVRHPTXHVHGLVFXWH
([ SRVLWLV WHQGR HP YLVWD TXH D YLRODomR FRQVWLWXFLRQDO DSRQWDGD
FRPR IXQGDPHQWR GR SUHVHQWH UHFXUVR QmR WUDQVFHQGH R GLUHLWR
VXEMHWLYRGDVSDUWHVLQGHPRQVWUDGDSRUWDQWRDUHSHUFXVVmRJHUDOQR
FDVR FRQFUHWR R SUHVHQWH 5HFXUVR ([WUDRUGLQiULR QmR PHUHFH VHU
FRQKHFLGR
,9±0pULWR
$SHQDVSRUFDXWHODWHQGRHPYLVWDTXHjOX]GRGLUHLWRRUHFRUULGR
HVSHUD TXH R UHFXUVR VHMD IXOPLQDGR SRU DXVrQFLD GH UHTXLVLWRV GH
DGPLVVLELOLGDGHSDVVDDUHEDWHURPpULWR

6HQGRDVVLPDLQGDTXHKRXYHVVHSUHTXHVWLRQDPHQWRGDPDWpULD±
HQmRKRXYH±DLQGDTXHDPDWpULDIRVVHSHUWLQHQWHH³GHGLUHLWR´±H
QmR p ± H DLQGD TXH KRXYHVVH UHSHUFXVVmR JHUDO ± H QmR Ki
UHVWDULDPDIDVWDGRVRVDUJXPHQWRVGRVUHFXUVRVHPIXQomRGRPpULWR
'LDQWH GR H[SRVWR HP FRQVRQkQFLD FRP D MXULVSUXGrQFLD GHVWD
&RUWHUHTXHUVHMDRYHUWHQWHUHFXUVRLQDGPLWLGRHQDKLSyWHVHGHVXD
DGPLVVmR ± R TXH VH FRJLWD DSHQDV SRU KLSyWHVH HP UD]mR GDV
IUDJLOtVVLPDV DOHJDo}HV DSUHVHQWDGDV  TXH OKH VHMD QHJDGR
SURYLPHQWR PDQWHQGR LQ LQWHJUXP D O~FLGD GHFLVmR UHFRUULGD FRP R
SUHVWtJLR GD PDLV SXUD DSOLFDomR GD /HL H GD GLVWULEXLomR GD WmR
QHFHVViULD-XVWLoD
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

12.11.EMBARGOS DE DIVERGÊNCIA

([PR6U'U0LQLVWUR3UHVLGHQWHGR(JUpJLR
5HFXUVR(VSHFLDORX([WUDRUGLQiULRQ


  SRU VHX DGYRJDGR H SURFXUDGRU QR 5HFXUVR (VSHFLDO RX
([WUDRUGLQiULRH[WUDtGRGDDomRTXHPRYHHPIDFHGHRXTXHOKH
PRYHYHPUHVSHLWRVDPHQWHDSUHVHQWDU
(PEDUJRVGHGLYHUJrQFLD
R TXH ID] WHPSHVWLYDPHQWH FRP IXQGDPHQWR QR DUW  GR
&yGLJR GH 3URFHVVR &LYLO H QRV DUWLJRV  H  GR 5HJLPHQWR
,QWHUQR GR 6XSHULRU 7ULEXQDO GH -XVWLoD QRV DUWLJRV  D  GR
5HJLPHQWR ,QWHUQR GR 6XSUHPR 7ULEXQDO )HGHUDO SHODV UD]}HV D
VHJXLUDGX]LGDV
,±$FyUGmRHPEDUJDGR
2HPEDUJDQWHLQWHUS{V5HFXUVRHPIDFHGHDFyUGmRGR7ULEXQDO
GH-XVWLoDGR(VWDGRFXMDGHFLVmRSRGHVHUDVVLPUHVXPLGD

1DGDREVWDQWHRSUHVHQWH5HFXUVRTXHVHIXQGRXQDYLRODomR
GRVDUWVQmRIRLSURYLGRVREDVHJXLQWHIXQGDPHQWDomR

2DFyUGmRUHFHEHXDVHJXLQWHHPHQWD

1DIXQGDPHQWDomRGHVWDFDVHRVHJXLQWH

1DGD REVWDQWH DV SHUFXFLHQWHV UD]}HV ODQoDGDV R IDWR p TXH R
DFyUGmR p GLDPHWUDOPHQWH RSRVWR D RXWUR GD  7XUPD RX GD
PHVPD WXUPD QRV WHUPRV GR † ž GR DUW  GR &3& WHQGR HP
YLVWD D DOWHUDomR GH VXD FRPSRVLomR TXH MXOJRX D LGrQWLFD PDWpULD
GDVHJXLQWHIRUPD
,,±$FyUGmRSDUDGLJPD
D'LYHUJrQFLDDHQVHMDUDDGPLVVLELOLGDGHGHVWHVHPEDUJRV
2 DFyUGmR SDUDGLJPD HVWi DVVLP HPHQWDGR FRP D FLWDomR GR
UHSRVLWyULRRILFLDOGHMXULVSUXGrQFLD

1DVUD]}HVGDGHFLVmRVXVWHQWRXRUHODWRU


 EVHPHOKDQoDIiWLFDHQWUHRVDFyUGmRVGLYHUJHQWHVQRUHVXOWDGR
e SRVVtYHO YHULILFDU FODUDPHQWH TXH WDQWR QR DFyUGmR UHFRUULGR
TXDQWR QDTXHOH DTXL WUD]LGR j FRODomR FRPR SDUDGLJPD D TXHVWmR
JLURXHPWRQR
'RDFyUGmRHPEDUJDGRH[WUDLVHDVHJXLQWHIXQGDPHQWDomR
,JXDOPHQWHQRDFyUGmRSDUDGLJPDSRVWRTXHVHIXQGRXQD
FVROXo}HVGLYHUJHQWHVDHQVHMDURSUHVHQWHUHFXUVR
(P TXH SHVH D HYLGHQWH VHPHOKDQoD IiWLFD p SRVVtYHO YHULILFD
FRQFOXV}HVQDGDREVWDQWHGLDPHWUDOPHQWHRSRVWDV
&RPHIHLWRQRDFyUGmRHPEDUJDGRGHFLGLXVHTXH
3RU RXWUR ODGR GH IRUPD GLDPHWUDOPHQWH RSRVWD QR DFyUGmR
SDUDGLJPDDVROXomRIRL
,,,±3HGLGR
([ SRVLWLV RV SUHVHQWHV (PEDUJRV GH 'LYHUJrQFLD PHUHFHP
FRQKHFLPHQWR H SURYLPHQWR QD H[DWD PHGLGD HP TXH UHVWD
DPSODPHQWH FRPSURYDGD D VHPHOKDQoD IiWLFD HQWUH RV DFyUGmRV
HPEDUJDGR H SDUDGLJPD EHP FRPR D GLYHUJrQFLD WRWDO GDV
FRQVHTXrQFLDVHPDPERVRVDFyUGmRV
3RUWDQWRHVSHUDHUHTXHURHPEDUJDQWHSURYLPHQWRGRVHXUHFXUVR
SDUD TXH SUHYDOHoD D WHVH GR DFyUGmR SDUDGLJPD SDUD TXH 
LQYHUWHQGRVHRV{QXVSURFHVVXDLV
5HTXHUVH SRU ILP D LQWLPDomR GR HPEDUJDGR SDUD TXHUHQGR QR
SUD]R GH  TXLQ]H GLDV DSUHVHQWDU FRQWUDUUD]}HV DRV SUHVHQWHV
HPEDUJRVQRVWHUPRVGRDUW†ž
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

12.12.AÇÃO RESCISÓRIA

([PR 6U 'HVHPEDUJDGRU 3UHVLGHQWH GR 7ULEXQDO GH -XVWLoD


GR(VWDGR
 SRU VHX DGYRJDGR GRFXPHQWR  YHP UHVSHLWRVDPHQWH
SHUDQWH9RVVD([FHOrQFLDSURSRUHPIDFHGHDSUHVHQWH
$omRUHVFLVyULD
RTXHID]FRPIXQGDPHQWRQRVDUWVGR&yGLJRGH3URFHVVR
&LYLO H DUWLJRV VXEVHTXHQWHV DOpP GRV IDWRV H IXQGDPHQWRV D VHJXLU
DGX]LGRV
,±7HPSHVWLYLGDGH
2DFyUGmRUHVFLQGHQGRIRLSXEOLFDGRQR'LiULR2ILFLDOQRGLD
3RUWDQWRDSUHVHQWHDomRUHVFLVyULDpWHPSHVWLYDDWHRUGRDUW
GR&yGLJRGH3URFHVVR&LYLO
,,±)DWRVHIXQGDPHQWRVMXUtGLFRVGDSUHVHQWHDomR

3RVWDDVVLPDTXHVWmRQRVWHUPRVGRTXHDPSODPHQWHGHPRQVWURX
R DXWRU SODXVtYHO H QHFHVViULD D UHVFLVmR GR DFyUGmR QRV WHUPRV GD
IXQGDPHQWDomR
,,,±3HGLGR
([SRVLWLVUHTXHUVH
D D FLWDomR GR UpX SDUD TXHUHQGR FRQWHVWDU D SUHVHQWH DomR QR
SUD]R TXH 9RVVD H[FHOrQFLD GHVLJQDU QRV WHUPRV GR DUW  GR
&yGLJRGH3URFHVVR&LYLO
EQRVWHUPRVGRDUW,,GR&yGLJRGH3URFHVVR&LYLODMXQWDGD
GD LQFOXVD JXLD GR GHSyVLWR GH 5  FRUUHVSRQGHQWH D  FLQFR
SRUFHQWRGRYDORUGDFDXVDGHYLGDPHQWHDWXDOL]DGRDWpDSUHVHQWH
GDWDGRFXPHQWRDQH[R
F TXH D SUHVHQWH DomR VHMD MXOJDGD WRWDOPHQWH SURFHGHQWH
UHVFLQGLQGRVH R DFyUGmR FRP D SURODomR GH QRYR MXOJDPHQWR QRV
WHUPRVGRDUW,GR&yGLJRGH3URFHVVR&LYLO
GFRPDSURFHGrQFLDDUHVWLWXLomRGRGHSyVLWRDRDXWRU&3&DUW

H D FRQGHQDomR GR UpX QDV FXVWDV H KRQRUiULRV TXH IRUHP
DUELWUDGRV


 3RU ILP UHTXHUVH D SURGXomR GH WRGRV RV PHLRV GH SURYD HP
GLUHLWRDGPLWLGRVVHPH[FHomR
7HUPRVHPTXHDWULEXLQGRjFDXVDRYDORUGH5
SGHIHULPHQWR
'DWD
$GYRJDGR2$%

12.13.RECLAMAÇÃO

([PR6U'U3UHVLGHQWHRX9LFH3UHVLGHQWHGR&ROHQGR


 SRU VHXV DGYRJDGRV VXEVFULWRUHV YHP UHVSHLWRVDPHQWH
SHUDQWH9RVVD([FHOrQFLDSURSRU
5HFODPDomR
&RQWUD GHFLVmR GR 6HQKRU 'HVHPEDUJDGRU  GD  &kPDUD GR
7ULEXQDOGH-XVWLoDRTXHID]FRPIXQGDPHQWRQRDUWLJR,,H
,,,GR&yGLJRGH3URFHVVR&LYLOHSHODVUD]}HVDVHJXLUDGX]LGDV
,±2EMHWRGHVWHUHFXUVR
e REWHU D FDVVDomR GD U GHFLVmR TXH QmR DGPLWLX R 5HFXUVR
(VSHFLDO RSRUWXQDPHQWH LQWHUSRVWR IOV GRV DXWRV DGX]LQGR SDUD
WDQWRTXHDRDFyUGmRREMHWRGRUHFXUVRFRLQFLGHFRPRULHQWDomRGD
&RUWH6XSHULRU
3DUD WDQWR LQYRFRXVH R SUHFHGHQWH MXOJDGR QRV WHUPRV GR DUW
 GR &yGLJR GH 3URFHVVR &LYLO FRQVXEVWDQFLDGR QR VHJXLQWH
DUHVWR

6XSHULRU 7ULEXQDO GH -XVWLoD 3URFHVVR &LYLO ³5HFXUVR 5HSHWLWLYR $UW

F GR &3& )UDXGH GH H[HFXomR (PEDUJRV GH WHUFHLUR 6~PXOD Q
67- &LWDomR YiOLGD 1HFHVVLGDGH &LrQFLD GH GHPDQGD FDSD] GH
OHYDU R DOLHQDQWH j LQVROYrQFLD 3URYD ÐQXV GR FUHGRU 5HJLVWUR GD
SHQKRUD $UW  † ž GR &3& >DWXDO DUW @ 3UHVXQomR GH IUDXGH
$UW$†ž>DWXDODUW†ž@GR&3&3DUDILQVGRDUW&
GR &3& >DWXDO DUW @ ILUPDVH D VHJXLQWH RULHQWDomR  e
LQGLVSHQViYHO FLWDomR YiOLGD SDUD FRQILJXUDomR GD IUDXGH GH H[HFXomR


 UHVVDOYDGD D KLSyWHVH SUHYLVWD QR † ž GR DUW $ GR &3& >DWXDO DUW
 † ž@  2 UHFRQKHFLPHQWR GD IUDXGH GH H[HFXomR GHSHQGH GR
UHJLVWUR GD SHQKRUD GR EHP DOLHQDGR RX GD SURYD GH PiIp GR WHUFHLUR
DGTXLUHQWH 6~PXOD Q 67-  $ SUHVXQomR GH ERDIp p SULQFtSLR
JHUDOGHGLUHLWRXQLYHUVDOPHQWHDFHLWRVHQGRPLOHQDUDSDUrPLDDERDIp
VH SUHVXPH D PiIp VH SURYD  ,QH[LVWLQGR UHJLVWUR GD SHQKRUD QD
PDWUtFXOD GR LPyYHO p GR FUHGRU R {QXV GD SURYD GH TXH R WHUFHLUR
DGTXLUHQWHWLQKDFRQKHFLPHQWRGHGHPDQGDFDSD]GHOHYDURDOLHQDQWHj
LQVROYrQFLDVRESHQDGHWRUQDUVHOHWUDPRUWDRGLVSRVWRQRDUW†
žGR&3&>DWXDODUW@&RQIRUPHSUHYLVWRQR†žGRDUW$
GR &3& >DWXDO DUW  † ž@ SUHVXPHVH HP IUDXGH GH H[HFXomR D
DOLHQDomR RX RQHUDomR GH EHQV UHDOL]DGD DSyV D DYHUEDomR UHIHULGD QR
GLVSRVLWLYR  3DUD D VROXomR GR FDVR FRQFUHWR  $SOLFDomR GD WHVH
ILUPDGD  5HFXUVR HVSHFLDO SURYLGR SDUD VH DQXODU R DFyUGmR
UHFRUULGR H D VHQWHQoD H FRQVHTXHQWHPHQWH GHWHUPLQDU R
SURVVHJXLPHQWR GR SURFHVVR SDUD D UHDOL]DomR GD LQVWUXomR SURFHVVXDO
QDIRUPDUHTXHULGDSHORVUHFRUUHQWHV´5(VS35±5HO0LQLVWUD
1DQF\ $QGULJKL ± 5HO S $FyUGmR 0LQLVWUR -RmR 2WiYLR GH 1RURQKD ±
&RUWH(VSHFLDO±MHP±'-H

1DGDREVWDQWHDVLWXDomRTXHVHDSUHVHQWDQRYHUWHQWHUHFXUVRp
GLYHUVDGDTXHODTXHHPEDVRXDGHFLVmRRUDUHFRUULGDHQDYHUGDGH
VH DGHTXD DR SUHFHGHQWH SDUDGLJPD PDV HP VHQWLGR WRWDOPHQWH
LQYHUVR
,VWRSRUTXHUHVWRXHYLGHQWHQmRKDYHQGRQHFHVVLGDGHGHSURYDRX
UHYROYLPHQWRGHPDWpULDIiWLFDPDVVLPSOHVDQiOLVHGDTXLORTXHUHVWD
LQFRQWURYHUVR QRV DXWRV TXH R UHFRUULGR DGTXLULX LPyYHO HQTXDQWR
SHQGLD H[HFXomR HP IDFH GR YHQGHGRU QD PHVPD FRPDUFD HP TXH
HOHYHQGHGRUGRLPyYHOGHFODURXGRPLFtOLR
1DGD REVWDQWH R UHFRUULGR QmR H[WUDLX DV FHUWLG}HV GH SUD[H
PHGLDQWH DV TXDLV SRGHULD IDFLOPHQWH FRQVWDWDU D H[LVWrQFLD GD
H[HFXomR GH RQGH VH H[WUDL R YHUWHQWH UHFXUVR DJLQGR DVVLP FRP
HYLGHQWHPiIp
,,±([SRVLomRGRGLUHLWR
'HIDWRDPiIpQmRVHSUHVXPHPDVQRFDVRFRQFUHWRGHFRUUHGD
LQF~ULDGHOLEHUDGDGRUHFRUULGRTXHUHSLWDVHQmRH[WUDLXDVFHUWLG}HV
GH SUD[H TXH TXDOTXHU XP SURYLGHQFLD DR SUDWLFDU R QHJyFLR MXUtGLFR


TXHSUDWLFRX
3HQVDURFRQWUiULRVHULDWRUQDUOHWUDPRUWDRDUWGR&yGLJRGH
3URFHVVR&LYLOVHJXQGRRTXDO

³$UW  $ DOLHQDomR RX D RQHUDomR GH EHP p FRQVLGHUDGD IUDXGH j

H[HFXomR
,9 TXDQGR DR WHPSR GD DOLHQDomR RX GD RQHUDomR WUDPLWDYD FRQWUD R
GHYHGRUDomRFDSD]GHUHGX]LORjLQVROYrQFLD"´

1mRVXEVLVWLULDLJXDOPHQWHRDUWGR&yGLJR&LYLOQRkPELWRGD
IUDXGHFRQWUDFUHGRUHV

³$UW6HUmRLJXDOPHQWHDQXOiYHLVRVFRQWUDWRVRQHURVRVGRGHYHGRU
LQVROYHQWH TXDQGR D LQVROYrQFLD IRU QRWyULD RX KRXYHU PRWLYR SDUD VHU
FRQKHFLGDGRRXWURFRQWUDWDQWH´

2X VHMD QmR KDYHULD PDLV IUDXGH FRQWUD FUHGRUHV QR GLUHLWR
EUDVLOHLUR VH KRXYHVVH DQXODELOLGDGH GR QHJyFLR DSHQDV GHSRLV GD
DYHUEDomRGRJUDYDPH
&RPWRGRUHVSHLWRDTXHVWmRQmRpWmRVLPSOHVTXDQWRSDUHFH
$VVLPPLVWHUVHID]UHVSRQGHUjVHJXLQWHLQGDJDomRSRVVRDGTXLULU
WUDQTXLODPHQWH XP LPyYHO VH QmR KRXYHU SHQKRUD DUUHVWR VHTXHVWUR
RXTXDOTXHUSHQGrQFLDUHJLVWUDGDRXDYHUEDGDQDPDWUtFXOD"
'HILQLWLYDPHQWHQmR
$ SDU GH R DUW  GD /HL  HVWDEHOHFHU D HILFiFLD GRV
QHJyFLRV MXUtGLFRV LPRELOLiULRV VHP TXH KDMD TXDOTXHU FRQVWULomR RX
JUDYDPH QD PDWUtFXOD HVWD SUHVXQomR FRPR Mi GHFRUULD GR VLVWHPD
FRQVROLGDGRQD6~PXODGR67-pUHODWLYD
3RURXWUDVSDODYUDVHYLGHQWHPHQWH±HQmRKDYHULDQHFHVVLGDGHGH
/HL SDUD LVVR ± VH KRXYHU UHJLVWUR RX DYHUEDomR GH JUDYDPH D
SUHVXQomRGHLQHILFiFLDGDDTXLVLomRRXUHFHELPHQWRGHGLUHLWRVVREUH
RLPyYHOHPIDFHGHDo}HVUHDLVGtYLGDVHUHVWULo}HVDGPLQLVWUDWLYDVp
DEVROXWDRXVHMDQmRDGPLWLUiTXDOTXHUSURYDHPVHQWLGRFRQWUiULR
7RGDYLD VH QmR KRXYHU R UHJLVWUR QmR VLJQLILFD DXWRPDWLFDPHQWH
TXHRDGTXLUHQWHHVWiOLYUHWDQWRGDIUDXGHFRQWUDFUHGRUHVTXDQWRGD
IUDXGHjH[HFXomR


 1mRKDYHQGRUHJLVWURGHTXDOTXHUSHQGrQFLDDFRQFOXVmRHYLGHQWH
HYLGHQWtVVLPD DOLiV p TXH R {QXV GD SURYD GH FRQKHFLPHQWR GR
JUDYDPHRXFRQVWULomRVHWUDQVIHUHSDUDRFUHGRURXSUHMXGLFDGR
,VWR VLJQLILFD TXH VH SUHVXPH GH IRUPD UHODWLYD D KLJLGH] GD
WUDQVIHUrQFLD PRGLILFDomR RX H[WLQomR GR GLUHLWR VREUH R LPyYHO VH
QmRKRXYHUUHJLVWURRXDYHUEDomRGRJUDYDPHRXFRQVWULomRPDVQmR
VLJQLILFD TXH QmR WHQKD KDYLGR IUDXGH FRQWUD FUHGRUHV RX IUDXGH j
H[HFXomR
6HQmRKRXYHUUHJLVWURRXDYHUEDomRGHJUDYDPHDHYHQWXDOIUDXGH
VHUi REMHWR GH YHULILFDomR FDVR D FDVR HP UD]mR GD GHPRQVWUDomR
SHORFUHGRURXSHORSUHMXGLFDGRGDPiIpGRDGTXLUHQWH
(VVDpDFRQFOXVmRTXHVHH[WUDLGRSDUiJUDIR~QLFRGRDUWGD
/HLVHJXQGRRTXDO

³1mR SRGHUmR VHU RSRVWDV VLWXDo}HV MXUtGLFDV QmR FRQVWDQWHV GD

PDWUtFXOD QR 5HJLVWUR GH ,PyYHLV LQFOXVLYH SDUD ILQV GH HYLFomR DR
WHUFHLUR GH ERDIp TXH DGTXLULU RX UHFHEHU HP JDUDQWLD GLUHLWRV UHDLV
VREUHRLPyYHOUHVVDOYDGRVRGLVSRVWRQRVDUWHDUWGD/HLQž
 GH  GH IHYHUHLUR GH  H DV KLSyWHVHV GH DTXLVLomR H
H[WLQomRGDSURSULHGDGHTXHLQGHSHQGDPGHUHJLVWURGHWtWXORGHLPyYHO´

3RUWDQWR VH ± H SHUFHEDP TXH R FRQGLFLRQDQWH p LPSRUWDQWH ± R

DGTXLUHQWHHVWLYHUGHERDIpDR RSHUDUDDTXLVLomRRXRUHFHELPHQWR
GH JDUDQWLD LPRELOLiULD D HOH QmR SRGHUmR VHU RSRVWDV ³VLWXDo}HV
MXUtGLFDV QmR FRQVWDQWHV GD PDWUtFXOD´ RX VHMD Do}HV SHQKRUDV
DUUHVWRVHWF
&RQWXGR±HDtHVWiDFRQIXVmR±QmRVLJQLILFDTXHQmRKDYHQGRR
UHJLVWUR RX DYHUEDomR GH JUDYDPHV RX FRQVWULo}HV QD PDWUtFXOD R
VLVWHPDSUHVWLJLHRQHJyFLRHEHQHILFLHRWHUFHLURTXHKDMDSURFHGLGR
FRPPiIp
6HULDDWpDEVXUGRSHQVDURFRQWUiULR
3RVVtYHO H[HPSOLILFDU LPDJLQHVH DOJXpP FRPR QR YHUWHQWH FDVR
TXHDGTXLUDLPyYHOGHSHVVRDTXHDSDUGHQmRWHUHPIDFHGRVHX
LPyYHO TXDOTXHU JUDYDPH UHJLVWUDGR RX DYHUEDGR UHVSRQGH SRU
GtYLGDV DMXL]DGDV SRVVXL WtWXORV SURWHVWDGRV H DVVLP SRU GLDQWH QD
PHVPDFRPDUFDGDVLWXDomRGRLPyYHO


 2DGTXLUHQWHSRGHUiVHUFRQVLGHUDGR³GHERDIp´QHVVDVLWXDomR"
(YLGHQWHPHQWH TXH QmR GH WDO VRUWH TXH KDYHUi D IUDXGH j
H[HFXomRHPUHODomRjVDo}HVMiDMXL]DGDVHDIUDXGHFRQWUDFUHGRUHV
HP UHODomR jTXHODV QmR DMXL]DGDV DWp HP YLUWXGH GD LQWHUSUHWDomR
FRUUHWDGRSDUiJUDIR~QLFRGRDUWGD/HL
$~QLFDGLIHUHQoDpTXHQHVVHVFDVRV±GHDXVrQFLDGHUHJLVWURRX
DYHUEDomR GR JUDYDPH RX FRQVWULomR ± FRPSHWLUi DR FUHGRU
GHPRQVWUDUDPiIpGRDGTXLUHQWHRFRQVLOLXPIUDXGLVSRVWRTXHHP
IDYRUGRDGTXLUHQWHGRLPyYHORXGRUHFHEHGRUGDJDUDQWLDFRQVLVWHQWH
HPLPyYHOPLOLWDUiDSUHVXQomR±UHODWLYD±GHERDIp
&RQWXGRVHPH[WUDLUDVFHUWLG}HVGHSUD[HDPiIpDIORUDHDSDU
GH QmR KDYHU TXDOTXHU FRQVWULomR QD PDWUtFXOD R QHJyFLR MXUtGLFR
SUDWLFDGR VHUi LQHILFD] SHUDQWH DomR RX H[HFXomR Mi DIRUDGD TXH
WHQKDP R FRQGmR GH UHGX]LU R DOLHQDQWH j LQVROYrQFLD SRGHUi VHU
DQXODGDHPUD]mRGDIUDXGHFRQWUDFUHGRUHVQRFDVRGHGtYLGDVDLQGD
QmR DMXL]DGDV DWUDYpV GD DomR SDXOLDQD RX UHYRFDWyULD RX VHUi
DQXODGD QRV FDVRV GH IDOVLILFDo}HV GH GRFXPHQWRV GR WLWXODU GR
LPyYHO
3HQVDU GLIHUHQWH VHULD SUHPLDU D PiIp R TXH GHILQLWLYDPHQWH QmR
GHFRUUHGRVLVWHPDHGRDFyUGmRSDUDGLJPDMXOJDGRQRVWHUPRVGRDUW
GR&3&
'HDFRUGRFRPD6~PXOD67-

³2 UHFRQKHFLPHQWR GD IUDXGH j H[HFXomR GHSHQGH GR UHJLVWUR GD

SHQKRUDGREHPDOLHQDGRRXGDSURYDGHPiIpGRWHUFHLURDGTXLUHQWH´

2TXHLVVRTXHUGL]HU"
4XHU GL]HU H[DWDPHQWH DTXLOR TXH IRL LQFRUSRUDGR FRP XPD
OLQJXDJHP FRQIXVD SHOD 0HGLGD 3URYLVyULD  H SHOD /HL
 RX VHMD TXH QmR KDYHQGR UHJLVWUR QD PDWUtFXOD GH
TXDOTXHUJUDYDPHDRFUHGRULQFXPEHDSURYDTXHRDGTXLUHQWHDJLX
GHPiIp
(HVVDSURYDSRGHFRQVLVWLUDSHQDVQDFRQVWDWDomRTXHGHFRUUHGD
DXVrQFLD GR RIHUHFLPHQWR GDV FHUWLG}HV GH SUD[H QD FRPDUFD GR
LPyYHOTXDQGRIDFLOPHQWHSRUWDLVGRFXPHQWRVSRGHULDRDGTXLUHQWH


YHULILFDUDLQVROYrQFLDGRDOLHQDQWHRXDGtYLGD
(VVDV VmR DV UD]}HV TXH GHPRQVWUDP TXH D GHFLVmR QmR REVHUYD
MXOJDPHQWRSURIHULGRQRVWHUPRVGRDUWGR&yGLJRGH3URFHVVR
&LYLOXWLOL]DDLQGHYLGDPHQWHHEHPDVVLPQmRREVHUYDDDXWRULGDGH
GDGHFLVmRGHVWDFRUWHTXHIRLVXEYHUWLGDSHODDXWRULGDGHUHFODPDGD
,,,±3HGLGR
([SRVLWLVDXWXDGDHGLVWULEXtGDDSUHVHQWHUHFODPDomRQRVWHUPRV
GRDUW†žGR&yGLJRGH3URFHVVR&LYLOUHTXHU
DDGLVWULEXLomRGHVWDUHFODPDomRDR,OXVWUH0LQLVWURUHODWRUGR
SURFHVVR SULQFLSDO MXOJDGR QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO D WHRU GR TXH GLVS}H R DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
EDVXVSHQVmRGRDWRLPSXJQDGR
F VHMDP UHTXLVLWDGDV LQIRUPDo}HV GD DXWRULGDGH UHFODPDGD  j
TXDOVHLPSXWDRDWRLPSXJQDGR
GVHMDGHWHUPLQDGDDFLWDomRGHEHQHILFLiULRGRDWRLPSXJQDGR
SDUDTXHUHQGRDSUHVHQWDUFRQVWHVWDomR
H VHMD LQWLPDGR R 0LQLVWpULR 3~EOLFR SDUD TXH WHQKD YLVWD GR
SURFHVVRSHORSUD]ROHJDOGHFLQFRGLDVQRVWHUPRVGRDUWGR
&yGLJRGH3URFHVVR&LYLO
IRMXOJDPHQWRGDSURFHGrQFLDGDSUHVHQWHUHFODPDomRFDVVDQGRD
GHFLVmR H[RUELWDQWH H GHWHUPLQDQGR D DSUHFLDomR SHOR UHODWRU
UHFODPDGRGRUHFXUVRGHDSHODomRLQWHUSRVWR
5HTXHU SURYDU R DOHJDGR DWUDYpV GRV GRFXPHQWRV TXH LQVWUXHP
HVWD UHFODPDomR QRV WHUPRV GR † ž GR DUW  GR &yGLJR GH
3URFHVVR&LYLO
7HUPRVHPTXHDWULEXLQGRjSUHVHQWHRYDORUGH5
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%


BBBBBBBBB

6XSHULRU 7ULEXQDO GH -XVWLoD ³5HFXUVR (VSHFLDO ± GLVVtGLR $ H[SUHVVmR µRXWUR
WULEXQDO¶FRQWLGDQDOHWUDµF¶GRLWHP,,,GRDUWLJRGD&RQVWLWXLomRKiGHHQWHQGHUVH
FRPR FRPSUHHQGHQGR R SUySULR 6XSHULRU 7ULEXQDO GH -XVWLoD´ 5HFXUVR (VSHFLDO Q
(6±'HFLVmRSRUXQDQLPLGDGHFRQKHFHUGR5HFXUVR(VSHFLDOH
OKH GDU SURYLPHQWR ± 'DWD  ± 7HUFHLUD 7XUPD ± 5HODWRU 0LQLVWUR (GXDUGR
5LEHLUR)RQWH'-S

&DLR 0iULR GD 6LOYD 3HUHLUD ,QVWLWXLo}HV GH 'LUHLWR &LYLO 5LR GH -DQHLUR )RUHQVH
SY,,

6LOYLR5RGULJXHV'LUHLWR&LYLO3DUWHJHUDOGDVREULJDo}HV6mR3DXOR6DUDLYDS
Y

1HOVRQ /XL] 3LQWR 0DQXDO GRV UHFXUVRV FtYHLV 6mR 3DXOR 0DOKHLURV  S


1HOVRQ/XL]3LQWRREFLWS&RPHIHLWRDGHFLVmRDWDFDGDHQIUHQWDQGRDTXHVWmR
DVVHYHURX

$OLiVDMXULVSUXGrQFLDDWXDODFHUFDGRFDVRHPWHODVHJXHDOLomRGH:LOVRQ0HORGD
6LOYD HP REUD DGPLUiYHO LQFOXVLYH UHSRUWDQGRVH DR ³)DXVWR´ GH *RHWKH VHJXQGR R
TXDODHYROXomRUHIOHWHRVRFLDOSULPDQGRVREUHRLQGLYLGXDODUHDOLGDGHVHLPSRQGRD
ILFomRRIDWRWULXQIDQGRVREUHDSDODYUD
 (P FRQVRQkQFLD FRP R H[SRVWR RV DSHODQWHV SHGHP YHQLD SDUD SDUD FLWDU
MXULVSUXGrQFLDDFHUFDGRWHPDDFROKHQGRRTXHGLVS}HPRVDUWLJRV†žH
,GR&yGLJR&LYLO

(GXDUGR &DPEL H 3DXOR 1DOLQ ,Q 1HOVRQ 1HU\ -U H 7HUHVD $UUXGD $OYLP :DPELHU
$VSHFWRV3ROrPLFRVHDWXDLVGRVUHFXUVRVFtYHLV6mR3DXOR57SY

-RVp&DUORV%DUERVD0RUHLUD&RPHQWiULRVDRFyGLJRGH3URFHVVR&LYLOHG5LRGH
-DQHLUR)RUHQVHSY9

6DQWLDJR6HQWLV0HOHQGR/DSUXHEDHVOLEHUWDG/DSUXHED/RVJUDQGHVWHPDV'HO
GHUHFKRSUREDWyULR%XHQRV$LUHV(-($S


 13.1.NOTIFICAÇÃO COMUNICANDO A SUB-ROGAÇÃO NO CONTRATO
DE LOCAÇÃO

/RFDOHGDWD
,OPR6U/RFDGRU
(QGHUHoR
,OPR6U)LDGRU
(QGHUHoR
3UH]DGRV6HQKRUHV
1DTXDOLGDGHGHH[F{QMXJHGRORFDWiULRRULJLQDOGRLPyYHOGD5XD
TXHIRLORFDGRHDILDQoDGRSRU9RVVDV6HQKRULDVQRVWHUPRVGR
†žGRDUWGD/HLVLUYRPHGDSUHVHQWHSDUDQRWLILFi
ORVTXHHPYLUWXGHGHVHQWHQoDDQH[DGR-Xt]RGH'LUHLWRGD9DUD
GH )DPtOLD H 6XFHVV}HV GHVWD &DSLWDO IRL KRPRORJDGD D VHSDUDomR
MXGLFLDOGDQRWLILFDQWHHVHXF{QMXJH
7HUi DVVLP R 6U )LDGRU TXHUHQGR R SUD]R OHJDO GH WULQWD GLDV D
FRQWDUGRUHFHELPHQWRGHVWDSDUDUHTXHUHUH[RQHUDomRQRVWHUPRVGR
†žGRDUWGD/HLGHGHRXWXEURGH
$WHQFLRVDPHQWH

1RWLILFDQWHF{QMXJHGRORFDWiULRRULJLQDOTXHSHUPDQHFHQRLPyYHO
RX SURFXUDGRU FRP SRGHUHV HVSHFtILFRV H LQVWUXPHQWR GH SURFXUDomR
DQH[R

13.2.NOTIFICAÇÃO ENCAMINHADA PELO FIADOR, DANDO NOTÍCIA

DE SUA EXONERAÇÃO EM RAZÃO DA SUB-ROGAÇÃO LEGAL


 /RFDOHGDWD
,OPR6U/RFDGRU
(QGHUHoR
3UH]DGR6HQKRU
(PYLUWXGHGRSHUPLVVLYRGR†žGRDUWGD/HLQD
TXDOLGDGH GH ILDGRU GR FRQWUDWR GH ORFDomR FHOHEUDGR HQWUH 9RVVD
6HQKRULD H R 6U  VHUYH D SUHVHQWH SDUD WHPSHVWLYDPHQWH
QRWLILFiOR GD PLQKD H[RQHUDomR GD ILDQoD SUHVWDGD HP UD]mR GH VXE
URJDomR OHJDO QR FRQWUDWR GH ORFDomR QRV WHUPRV GR GRFXPHQWR
DQH[R
3RVWD DVVLP D TXHVWmR ILFD 9RVVD 6HQKRULD QRWLILFDGD GH TXH D
JDUDQWLD ILGHMXVVyULD SHUPDQHFHUi SRU PDLV FHQWR H YLQWH GLDV
FRQWDGRV GR UHFHELPHQWR GHVWD RX GD VXEVWLWXLomR HYHQWXDOPHQWH
RSHUDGD SHOR DWXDO ORFDWiULR DQWHV GR SUD]R OHJDO GH VXEVLVWrQFLD GD
JDUDQWLD
$WHQFLRVDPHQWH

1RWLILFDQWH )LDGRU RX SURFXUDGRU FRP SRGHUHV HVSHFtILFRV H
LQVWUXPHQWRGHSURFXUDomRDQH[R

13.3.NOTIFICAÇÃO EXIGINDO NOVO FIADOR EM RAZÃO DA

EXONERAÇÃO PELA SUB-ROGAÇÃO LEGAL DO LOCATÁRIO
ORIGINAL

'DWDHORFDO
,OPD6UDORFDWiULDVXEURJDGD
(QGHUHoR
3UH]DGD6HQKRUD
1D TXDOLGDGH GH ORFDGRU GR LPyYHO GD 5XD  TXH VH HQFRQWUD
ORFDGR D 9RVVD 6HQKRULD HP YLUWXGH GD LQVXEVLVWrQFLD GD JDUDQWLD
SUHVWDGD HP UD]mR GD H[RQHUDomR OHYDGD D HIHLWR SHOR ILDGRU HP
YLUWXGH GD VXEURJDomR OHJDO GR ORFDWiULR RULJLQDO QRV WHUPRV GR † ž
GR DUW  GD /HL  VLUYRPH GD SUHVHQWH SDUD QRV WHUPRV


GRLQFLVR,9HGRSDUiJUDIR~QLFRGRDUWGDPHVPDOHLQRWLILFiOD
SDUD VXEVWLWXLU D JDUDQWLD QR SUD]R LPSURUURJiYHO GH WULQWD GLDV VRE
SHQDGHLQIUDomROHJDOHFRQVHTXHQWHGHVSHMR
3DUD WDQWR GHYHUi 9RVVD 6HQKRULD DSUHVHQWDU FHUWLG}HV QHJDWLYDV
GH SURWHVWRV H GLVWULEXLomR GH Do}HV GR ILDGRU H VHX F{QMXJH EHP
FRPRGDPDWUtFXODDWXDOL]DGDDWpWULQWDGLDVGHH[SHGLomRGHLPyYHO
GD SURSULHGDGH GRV JDUDQWLGRUHV OLYUH H GHVHPEDUDoDGR GH {QXV
UHDLVQRPHVPR0XQLFtSLRGHVWHFRQWUDWRDOpPGHGHFODUDomRHPTXH
FRQFRUGHP FRP D DVVXQomR GD REULJDomR GLOLJHQFLDQGR SDUD TXH
FRPSDUHoDPSDUDDVVLQDUDGLWLYRDRYHUWHQWHFRQWUDWR
$WHQFLRVDPHQWH
BBBBBBBBBBBBBB
1RWLILFDQWH /RFDGRU RX SURFXUDGRU FRP SRGHUHV HVSHFtILFRV H
LQVWUXPHQWRGHSURFXUDomRDQH[R

13.4.PETIÇÃO INICIAL DE AÇÃO DE DESPEJO EM FACE DA NÃO

APRESENTAÇÃO DE NOVO FIADOR EM RAZÃO DA EXONERAÇÃO
DO ORIGINAL, COM PEDIDO DE LIMINAR

([PR6U'U-XL]GH'LUHLWRGD9DUD&tYHOGH
8UJHQWHUHTXHUDFRQFHVVmRGHOLPLQDU
 SRU VHXV SURFXUDGRUHV GRF  FRP HVFULWyULR QD  RQGH
UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omRGHGHVSHMR
RTXHID]FRPVXSHGkQHRQRVDUWV†žSDUiJUDIR~QLFRH
†ž9,,GD/HLGHGHRXWXEURGHHSHODVUD]}HV
GHIDWRHGHGLUHLWRTXHDVHJXLUDUWLFXODGDPHQWHSDVVDDDGX]LU
2 DXWRU FHOHEURX FRP R PDULGR GD Up QR GLD  FRQWUDWR GH
ORFDomR GR LPyYHO ORFDOL]DGR QD  SHOR SUD]R GH  PHVHV H
DOXJXHOPHQVDOGH5GRF
2FRUUHTXHHPUD]mRGHVHSDUDomRMXGLFLDOGRFREVHUYRXVHD
VXEURJDomR OHJDO SDVVDQGR D Up TXH SHUPDQHFHX QR LPyYHO D
ILJXUDUQDUHODomRMXUtGLFDFRPRORFDWiULDQRVWHUPRVGRDUWGD/HL



7HQGR HP YLVWD D VXEURJDomR R ILDGRU ORJURX VH H[RQHUDU SRU
UHJXODUQRWLILFDomRHQYLDGDDRDXWRUQRVWHUPRVGR†žGRDUWGD
/HLGRFILFDQGRUHVSRQViYHOSRUFHQWRHYLQWHGLDV
3RVWD DVVLP D TXHVWmR D WHRU GR SDUiJUDIR ~QLFR GR DUW  R
ORFDGRU SURPRYHX D QRWLILFDomR GD DWXDO ORFDWiULD RUD Up SDUD
DSUHVHQWDU QRYD JDUDQWLD QR SUD]R GH WULQWD GLDV GRF  VHP TXH
REWLYHVVHr[LWR
%DOGRV RV HVIRUoRV GR DXWRU XOWUDSDVVDGR LQ DOELV R SUD]R GD
QRWLILFDomR VHP TXH D ORFDWiULD WLYHVVH RIHUHFLGR QRYD JDUDQWLD QmR
OKHUHVWRXDOWHUQDWLYDVHQmRDSURSRVLWXUDGDYHUWHQWHDomRLQFOXVLYH
FRP SRVVLELOLGDGH GH REWHQomR GH OLPLQDU SDUD GHVRFXSDomR HP
TXLQ]HGLDVDUW†ž9,,GD/HL
&LWDomRHSHGLGR
,VWRSRVWRUHTXHURDXWRU
D6HMDDUpFLWDGDSRULQWHUPpGLRGR6U2ILFLDOGH-XVWLoDFRPRV
SHUPLVVLYRVGRDUW†ƒGR&yGLJRGH3URFHVVR&LYLOSDUDTXH
QRSUD]RGDOHLRIHUHoDDGHIHVDTXHWLYHUVRESHQDGHDSOLFDUOKHRV
HIHLWRVGDUHYHOLD
$XGLrQFLDGH&RQFLOLDomR
1RV WHUPRV GR DUW  † ž GR &yGLJR GH 3URFHVVR &LYLO R DXWRU
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR R DXWRU GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
3HGLGRGHOLPLQDU
E1RVWHUPRVGRDUW†ž9,,GD/HLDFRQFHVVmR
GHGHVRFXSDomROLPLQDUQRSUD]RGHTXLQ]HGLDV
([SRVLWLVUHTXHUDLQGDGLJQHVH9RVVD([FHOrQFLD


 F-XOJDUDRILQDOSURFHGHQWHDDomRGHFODUDQGRH[WLQWDDUHODomR
H[ ORFDWR GHFUHWDQGR R GHVSHMR FRP D FRQGHQDomR GD Up QR
SDJDPHQWRGHFXVWDVSURFHVVXDLVHKRQRUiULRVGHDGYRJDGR
3URYDV
3URWHVWDSRUSURYDURDOHJDGRDWUDYpVGHWRGRVRVPHLRVGHSURYD
HP GLUHLWR DGPLWLGRV HVSHFLDOPHQWH SRU GRFXPHQWRV RLWLYD GH
WHVWHPXQKDV RSRUWXQDPHQWH DUURODGDV DOpP GR GHSRLPHQWR SHVVRDO
GDUpRTXHGHVGHMiVHUHTXHUVRESHQDGHFRQILVVmR
9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH
3HGHGHIHULPHQWR
/RFDOHGDWD
1RPHGRDGYRJDGRHQ~PHURGHLQVFULomRQD2$%

13.5.CONTESTAÇÃO BASEADA NA AÇÃO DE EXONERAÇÃO

FUNDAMENTADA NA MORTE DO MARIDO DA FIADORA

([PRD6UD'UD-XL]DGH'LUHLWRGD

3URFHVVRQ
SRUVHXSURFXUDGRUGRFXPHQWRFRPHVFULWyULRQD5XD
6mR 3DXOR ± 63 RQGH UHFHEH LQWLPDo}HV QRV DXWRV GD DomR GH
H[RQHUDomR GH ILDQoD TXH OKH PRYH  YHP UHVSHLWRVDPHQWH
SHUDQWH9RVVD([FHOrQFLDDSUHVHQWDUVXD
&RQWHVWDomR
RTXHID]WHPSHVWLYDPHQWHFRPVXSHGkQHRQRVDUJXPHQWRVGHIDWR
HGHGLUHLWRTXHDVHJXLUSDVVDDDGX]LU
3UHOLPLQDUPHQWH
LQH[LVWrQFLDGRSURFHVVR
4XDQWR j OHJLWLPLGDGH SDVVLYD SDUD D SURSRVLWXUD GD DomR GH
H[RQHUDomR GH ILDQoD UHVWD LPSRUWDQWH UHVVDOWDU TXH R ORFDWiULR p
SDUWH OHJtWLPD GHYHQGR LQWHJUDU R SROR SDVVLYR MXQWDPHQWH FRP R


ORFDGRU HP YLUWXGH GRV PDQGDPHQWRV LQVFXOSLGRV QRV DUWLJRV  GR
&yGLJRGH3URFHVVR&LYLOH,9GD/HL
1HPSRGHULDVHUGLIHUHQWHYH]TXHHYHQWXDO±HPERUDLPSURYiYHO±
H[RQHUDomR DWLQJLUi WDPEpP R ORFDWiULR TXH GHYH LQH[RUDYHOPHQWH
LQWHJUDURSRORSDVVLYRGDDomR

6HJXQGR 7ULEXQDO GH $OoDGD &LYLO GH 6mR 3DXOR ³$omR GHFODUDWyULD ±
OHJLWLPLGDGH SDVVLYD /RFDGRU H ORFDWiULR )LDQoD 5HFRQKHFLPHQWR 2
DUWLJR  GR &yGLJR GH 3URFHVVR &LYLO >DWXDO DUW @ FRQWHPSOD D
H[LVWrQFLD GH OLWLVFRQVyUFLR QHFHVViULR HQWUH R ORFDGRU H R DILDQoDGR
WHQGR HP YLVWD DLQGD R GLVSRVWR QR DUWLJR  LQFLVR ,9 GD /HL
´$SHOVUHYQž±&kP±5HO-XL]0HOR%XHQR
± M HP  TXDQWR j H[RQHUDomR GH ILDQoD 5HIHUrQFLDV
$UQDOGR 0DUPLWW )LDQoD &LYLO H &RPHUFLDO $LGH S  $UWV  GR
&yGLJR GH 3URFHVVR &LYLO >DWXDO DUW @ H  GD /HL  1R
PHVPRVHQWLGRTXDQWRjQXOLGDGHGDILDQoD$,Qž±&kP±
UHO-XL])UDQFLVFR7KRPD]±MHP

1mR IRL LVVR TXH RFRUUHX QR FDVR YHUWHQWH VHQGR PLVWHU REVHUYDU
TXH D DomR IRL SURSRVWD VRPHQWH HP IDFH GD ORFDGRUD QmR GD
ORFDWiULDQmRVHQGRVXILFLHQWHVXDVLPSOHVFLrQFLDFRPRUHTXHULGR
1R HQWDQWR TXDO R HIHLWR GH D ILDGRUD DXWRUD GD DomR QmR LQFOXLU
QD DomR GH H[RQHUDomR R ORFDGRU H R ORFDWiULR SURSRQGR D DomR
FRPRQRFDVRVRPHQWHHPIDFHGDORFDGRUD"
$ UHVSRVWD QRV Gi /XL] 5RGULJXHV :DPELHU )OiYLR 5HQDWR &RUUHLD
GH $OPHLGD H (GXDUGR 7DODPLQL 6HJXQGR HOHV D VHQWHQoD TXH
H[RQHUDURILDGRUVHUiLQH[LVWHQWHYH]TXHSURIHULGDHPSURFHVVRTXH
LJXDOPHQWHLQH[LVWLXQDPHGLGDHPTXHIDOWRXSUHVVXSRVWRSURFHVVXDO
GHH[LVWrQFLDDFLWDomRGHWRGRVTXHGHYHULDPWHUVLGRFLWDGRV
&RQVHJXLQWHPHQWHVHTXHUKDYHUiQHFHVVLGDGHGHDomRUHVFLVyULD
YH]TXHQmRVHUHVFLQGHRTXHQmRH[LVWHVHQGRGHULJRUDH[WLQomR
GR SURFHVVR VHP UHVROXomR GH PpULWR QRV WHUPRV GR DUW  ,9 GR
&yGLJRGH3URFHVVR&LYLO
0pULWR
D )DOHFLPHQWR GH XP GRV ILDGRUHV ± VROLGDULHGDGH TXH UHVXOWD QD
UHVSRQVDELOLGDGHGRUHPDQHVFHQWH


 &RQYpP YHULILFDU TXH R FRQWUDWR GRFXPHQWR  HVWDEHOHFHX D
VROLGDULHGDGHSDVVLYDHQWUHDORFDWiULDHDDXWRUDHVHXPDULGRHVWHV
GRLV~OWLPRVILDGRUHVGRFRQWUDWR GHORFDomRLQIHUrQFLDTXHVHH[WUDL
GDFOiXVXOD
3RUWDQWR 1REUH MXOJDGRU QD FOiXVXOD  GR FRQWUDWR HQWUH DV
SDUWHVDILDGRUDRUDDXWRUDREULJRXVHMXQWDPHQWHFRPVHXPDULGR
VROLGDULDPHQWHSHODVREULJDo}HVFRQWUDWXDLVGDDILDQoDGD
0HVPR TXH R FRQWUDWR QmR IRVVH H[SUHVVR QHVVH VHQWLGR D
FRQFOXVmRVHULDH[WUDtGDGRDUWGR&yGLJR&LYLOVHJXQGRRTXDO

³$ ILDQoD FRQMXQWDPHQWH SUHVWDGD D XP Vy GpELWR SRU PDLV GH XPD
SHVVRD LPSRUWD R FRPSURPLVVR GH VROLGDULHGDGH HQWUH HODV VH
GHFODUDGDPHQWHQmRVHUHVHUYDUHPREHQHItFLRGHGLYLVmR´
1HVVHVHQWLGRpUHPDQVRVDDMXULVSUXGrQFLD

7ULEXQDOGH-XVWLoDGH6mR3DXOR³$SHODomR&tYHO,QWHUSRVLomRFRQWUD
VHQWHQoD TXH MXOJRX SDUFLDOPHQWH SURFHGHQWHV HPEDUJRV j H[HFXomR
&RQWUDWRGHORFDomR)LDQoD0RUWHGHXPGRVILDGRUHV6XEVLVWrQFLDGD
ILDQoD HP UHODomR DR F{QMXJH VXSpUVWLWH WDPEpP VLJQDWiULR GR SDFWR
ORFDWtFLR ,QH[LVWrQFLD GH QXOLGDGH GD JDUDQWLD 6HQWHQoD PDQWLGD´
$SHODomR  ± 5HODWRU 0DULR $ 6LOYHLUD ±
&RPDUFD6mR3DXOR±ÏUJmRMXOJDGRU&kPDUDGH'LUHLWR3ULYDGR±
GDWDGRMXOJDPHQWR±'DWDGHUHJLVWUR

E([RQHUDomRGDIDFXOGDGHGHSHGLUUHQ~QFLD
FOiXVXODGRFRQWUDWR
$OHJD D DXWRUD TXH ³FRQVWLWXLX D UHTXHULGD HP PRUD´ VLF 1D
YHUGDGHDQRWLILFDomROHYDGDDHIHLWRQmRWHYHTXDOTXHUFRQVHTXrQFLD
MXUtGLFD H GHPDLV GLVVR D ORFDGRUD RUD UHTXHULGD ORJURX
FRQWUDQRWLILFDUDUHTXHUHQWHGRFXPHQWR
'H TXDOTXHU IRUPD DR UHYpV GR TXH PHQFLRQD D SHWLomR LQLFLDO R
FRQWUDWR H[SUHVVDPHQWH HVWDEHOHFHX UHQ~QFLD j IDFXOGDGH GH D
ILDGRUDSHGLUH[RQHUDomRGDILDQoDQDH[DWDPHGLGDHPTXHSUHYLXD
ILDQoDDWpDHIHWLYDHQWUHJDGDVFKDYHV

³&OiXVXOD  $VVLQD WDPEpP HVWH FRQWUDWR VROLGDULDPHQWH FRP R

ORFDWiULRSRUWRGDVDVREULJDo}HVDTXLH[DUDGDVEUDVLOHLURFDVDGR


 SRUWDGRU GR 5*  H VXD HVSRVD  SRUWDGRUD GR 5*  DPERV
LQVFULWRVQR&3)UHVLGHQWHVjFXMDUHVSRQVDELOLGDGHVXEVLVWLUi
DWpDHQWUHJDUHDOHHIHWLYDGDVFKDYHVGRLPyYHOORFDGR´

$GLVSRVLomRFRQWUDWXDOOLYUHPHQWHFHOHEUDGDSHODVSDUWHVFOiXVXOD
 GR FRQWUDWR UHVSRQVDELOL]D R ILDGRU DWp D HIHWLYD HQWUHJD GDV
FKDYHV&RQVHJXLQWHPHQWHLPSOLFDHPUHQ~QFLDDRGLUHLWRGHSHGLUD
YHUWHQWH H[RQHUDomR GD ILDQoD 3RU HVVD VLPSOHV UD]mR R SUHVHQWH
SHGLGRGHYHVHUUHSHOLGRSRU9RVVD([FHOrQFLD
$ ILDGRUD VROLGiULD RUD UHTXHUHQWH QmR SRGH GHVFXPSULU R TXH
DYHQoRXRXVHMDVHUHVSRQVDELOL]DUDWpDHIHWLYDHQWUHJDGDVFKDYHV
SDFWDVXQWVHUYDQGD
3HGLGR
3HOR H[SRVWR UHTXHU VHMD DFROKLGD D SUHOLPLQDU GH H[WLQomR GR
SURFHVVR HP YLUWXGH GR UHFRQKHFLPHQWR GH VXD LQH[LVWrQFLD H VH
DVVLP QmR HQWHQGHU 9RVVD ([FHOrQFLD TXH VHMD D SUHVHQWH DomR
MXOJDGDWRWDOPHQWHLPSURFHGHQWHFRQGHQDQGRDDXWRUDDRSDJDPHQWR
GHFXVWDVHKRQRUiULRVDGYRFDWtFLRVTXH9RVVD([FHOrQFLDKRXYHUSRU
EHPDUELWUDUDVVLPFRPRGHPDLV{QXVGDVXFXPErQFLD
$FODUDQGRRSHGLGRUHTXHUVH
3UHOLPLQDUPHQWH UHFRQKHFLPHQWR GH LQH[LVWrQFLD GR SURFHVVR SRU
DXVrQFLD GH IRUPDomR GH OLWLVFRQVyUFLR QHFHVViULR H H[WLQomR GR
SURFHVVRVHPUHVROXomRGHPpULWRFRPIXQGDPHQWRQRVDUWLJRVH
9,GR&yGLJRGH3URFHVVR&LYLOHDUW,9GD/HL
2XFDVRDSUHOLPLQDUQmRVHMDDFDWDGDQRPpULWR
D R MXOJDPHQWR GD WRWDO LPSURFHGrQFLD GR SHGLGR HP UD]mR GR
FRQWUDWR SUHYHU H[SUHVVDPHQWH D UHVSRQVDELOLGDGH GD ILDGRUD
VROLGiULDDWpDHQWUHJDGDVFKDYHVRTXHDLQGDQmRRFRUUHX
E D FRQGHQDomR GD DXWRUD QRV {QXV GH VXFXPErQFLD FXVWDV H
KRQRUiULRV GH DGYRJDGR TXH 9RVVD ([FHOrQFLD KRXYHU SRU EHP
DUELWUDU
3URYDV
5HTXHU SURYDU R DOHJDGR SRU WRGRV RV PHLRV HP GLUHLWR DGPLWLGRV
HVSHFLDOPHQWH SHOD SURGXomR GH SURYD GRFXPHQWDO H RLWLYD GH


WHVWHPXQKDVGHSRLPHQWRSHVVRDOGDDXWRUDVRESHQDGHFRQILVVmRVH
QmR FRPSDUHFHU RX FRPSDUHFHQGR VH QHJDU D GHSRU &yGLJR GH
3URFHVVR&LYLODUW†ž
&XPSULGDVDVQHFHVViULDVIRUPDOLGDGHVOHJDLVGHYHDSUHVHQWHVHU
UHFHELGD H MXQWDGD DRV DXWRV UHQRYDGR R SURFHVVR QRV WHUPRV GD
SUHOLPLQDURXQRPpULWRUHMHLWDGRRSHGLGR
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.6.NOTIFICAÇÃO ENCAMINHADA PELO FIADOR, DANDO NOTÍCIA

DE SUA EXONERAÇÃO EM RAZÃO DA PRORROGAÇÃO LEGAL DO
CONTRATO

/RFDOHGDWD
,OPR6U/RFDGRU
(QGHUHoR
3UH]DGR6HQKRU
(P YLUWXGH GR SHUPLVVLYR GR DUW  ; GD /HL  QD
TXDOLGDGH GH ILDGRU GR FRQWUDWR GH ORFDomR FHOHEUDGR HQWUH 9RVVD
6HQKRULD H R 6U  TXH VH HQFRQWUD SURUURJDGR SRU SUD]R
LQGHWHUPLQDGRVHUYHDSUHVHQWHSDUDQRWLILFiORGDPLQKDH[RQHUDomR
GDILDQoDSUHVWDGD
3RVWD DVVLP D TXHVWmR ILFD 9RVVD 6HQKRULD QRWLILFDGR GH TXH D
JDUDQWLD ILGHMXVVyULD SHUPDQHFHUi SRU PDLV FHQWR H YLQWH GLDV
FRQWDGRV GR UHFHELPHQWR GHVWD RX GD VXEVWLWXLomR HYHQWXDOPHQWH
RSHUDGD SHOR ORFDWiULR DQWHV GR SUD]R OHJDO GH VXEVLVWrQFLD GD
JDUDQWLD
$WHQFLRVDPHQWH
BBBBBBBBBBBBBBB
1RWLILFDQWH
)LDGRU RX SURFXUDGRU FRP SRGHUHV HVSHFtILFRV H LQVWUXPHQWR GH


SURFXUDomRDQH[R

13.7.NOTIFICAÇÃO EXIGINDO NOVO FIADOR EM RAZÃO DA

EXONERAÇÃO DO FIADOR ORIGINAL EM RAZÃO DA
PRORROGAÇÃO DO CONTRATO POR PRAZO INDETERMINADO

'DWDHORFDO
,OPD6UDORFDWiULD
(QGHUHoR
3UH]DGD6HQKRUD
1D TXDOLGDGH GH ORFDGRU GR LPyYHO GD 5XD  TXH VH HQFRQWUD
ORFDGR D 9RVVD 6HQKRULD HP YLUWXGH GD LQVXEVLVWrQFLD GD JDUDQWLD
SUHVWDGDSHODH[RQHUDomRGRVHXILDGRUDSUHVHQWDGRRULJLQDULDPHQWH
QRFRQWUDWRHTXHORJURXQRWLILFDUPHQRVWHUPRVGRDUW;GD/HL
 GRFXPHQWR DQH[R VLUYRPH GD SUHVHQWH SDUD QRV
WHUPRV GR SDUiJUDIR ~QLFR GR DUW  GD /HL  QRWLILFiOD
SDUD VXEVWLWXLU D JDUDQWLD QR SUD]R LPSURUURJiYHO GH WULQWD GLDV VRE
SHQDGHLQIUDomROHJDOHFRQVHTXHQWHGHVSHMR
3DUD WDQWR GHYHUi 9 6D DSUHVHQWDU FHUWLG}HV QHJDWLYDV GH
SURWHVWRVHGLVWULEXLomRGHDo}HVGRILDGRUHVHXF{QMXJHEHPFRPR
GD PDWUtFXOD DWXDOL]DGD DWp WULQWD GLDV GH H[SHGLomR GH LPyYHO GD
SURSULHGDGH GRV JDUDQWLGRUHV OLYUH H GHVHPEDUDoDGR QR PHVPR
0XQLFtSLR GHVWH FRQWUDWR DOpP GH GHFODUDomR HP TXH FRQFRUGHP
FRP D DVVXQomR GD REULJDomR GLOLJHQFLDQGR SDUD TXH FRPSDUHoDP
SDUDDVVLQDUDGLWLYRDRYHUWHQWHFRQWUDWR
$WHQFLRVDPHQWH
BBBBBBBBBBBBB
1RWLILFDQWH
/RFDGRURXSURFXUDGRUFRPSRGHUHVHVSHFtILFRVHLQVWUXPHQWRGH
SURFXUDomRDQH[R

13.8.AÇÃO DE EXONERAÇÃO DO FIADOR PELA ALTERAÇÃO DO

QUADRO SOCIAL DA PESSOA JURÍDICA AFIANÇADA


 ([PR6U'U-XL]GH'LUHLWRGD
 SRU VHXV SURFXUDGRUHV GRFXPHQWR  FRP HVFULWyULR QD 
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLD DIRUDU SHOR SURFHGLPHQWR FRPXP HP IDFH GH  D
FRPSHWHQWH
$omRGHFODUDWyULDGHH[RQHUDomRGHILDQoD
R TXH ID] FRP VXSHGkQHR QRV DUJXPHQWRV GH IDWR H GH GLUHLWR D
VHJXLUH[SHQGLGRV
,±)DWRV
$DXWRUDpILDGRUDGDSULPHLUDUpHPYLUWXGHGHFRQWUDWRGHORFDomR
GR LPyYHO QmR UHVLGHQFLDO ORFDOL]DGR QD  GRFXPHQWR  TXH HVWD
ILUPRXFRPDVHJXQGDUpHPSHORSUD]RGHFXMRDOXJXHODWXDO
LPSRUWDHP5PHQVDLV
$ORFDomRWHYHLQtFLRQRPHVPRGLDGDDVVLQDWXUDRXVHMDHP
3RUWDQWRRFRQWUDWRYLJRUDSRUSUD]RGHWHUPLQDGR
'HIDWRDFOiXVXODGRFRQWUDWRQRVWHUPRVGD/HLGR,QTXLOLQDWR
HVWLSXODDUHVSRQVDELOLGDGHGRILDGRUDWpDHQWUHJDGDVFKDYHV
7RGDYLDDVRFLHGDGHDILDQoDGDVRIUHXPRGLILFDo}HVQRVHXTXDGUR
VRFLDO H GLDQWH GLVVR R DQWLJR VyFLR PDMRULWiULR 6HQKRU  GHL[RX
GHILJXUDUFRPRVyFLR
2FRUUH TXH D ILDQoD Vy IRL SUHVWDGD SHOD DXWRUD HP UD]mR GD
DPL]DGHtQWLPDTXHPDQWLQKDFRPR6HQKRUTXHGHVHPSHQKDYDD
JHUrQFLDGDVRFLHGDGH
1mR VHQGR REULJDGD OHJDOPHQWH D SHUPDQHFHU ILDGRUD GR ORFDWiULR
QHVVDV FRQGLo}HV D DXWRUD QRWLILFRX RV UpXV GH VXD LQWHQomR SDUD
TXH DPLJDYHOPHQWH SURFHGHVVHP D VXD H[RQHUDomR GRFXPHQWR 
VHPTXHWLYHVVHVLGRDWHQGLGD
$VVLP QmR UHVWRX DOWHUQDWLYD j DXWRUD VHQmR LQJUHVVDU FRP D
SUHVHQWHDomRSDUDYHUUHFRQKHFLGDDH[RQHUDomRGDILDQoD
,,±'LUHLWR
+iMXULVSUXGrQFLDVREUHDYHUWHQWHSUHWHQVmRQRVVHJXLQWHVWHUPRV

6XSHULRU 7ULEXQDO GH -XVWLoD ³$JUDYR UHJLPHQWDO QRV HPEDUJRV GH


 GHFODUDomRQRUHFXUVRHVSHFLDO/RFDomR)LDQoDSUHVWDGDHPUD]mRGH
SDUHQWHVFR FRP VyFLR GD HPSUHVD LQTXLOLQD 5HWLUDGD GR VyFLR GD
SHVVRD MXUtGLFD 'LVVROXomR GD VRFLHGDGH DILDQoDGD ([RQHUDomR GD
ILDGRUD  2 FRQWUDWR DFHVVyULR GH ILDQoD REHGHFH j IRUPD HVFULWD p
FRQVHQVXDO GHYH VHU LQWHUSUHWDGR UHVWULWLYDPHQWH H QR VHQWLGR PDLV
IDYRUiYHODRILDGRU'HVVHPRGRQmRSRGHDILDQoDVXEVLVWLUjPXGDQoD
QR TXDGUR VRFLHWiULR GD ORFDWiULD VHP TXH H[SUHVVDPHQWH WHQKD R
JDUDQWH D HVVH IDWR DQXtGR  'HFLVmR DJUDYDGD TXH VH PDQWpP SRU
VHXVSUySULRVIXQGDPHQWRV$JUDYRUHJLPHQWDOGHVSURYLGR´$J5JQRV
('FOQR5(VS63±5HO0LQLVWUD/DXULWD9D]±4XLQWD7XUPD±
MXOJDGRHP±'-GH±S
,,,±3HGLGR
'LDQWH GR H[SRVWR UHTXHU D DXWRUD D SURFHGrQFLD GD DomR
GHFODUDQGR 9RVVD ([FHOrQFLD D H[RQHUDomR GD ILDQoD SUHVWDGD SHOD
DXWRUD GHVGH D GDWD GD QRWLILFDomR HQYLDGD jV UpV GRFXPHQWR 
FRQGHQDQGRDV QR SDJDPHQWR GDV GHVSHVDV FXVWDV H KRQRUiULRV
DGYRFDWtFLRVTXH9RVVD([FHOrQFLDKRXYHUSRUEHPDUELWUDU
4XDQWR DR SHGLGR GH H[RQHUDomR GHVGH D GDWD GD QRWLILFDomR
UHOHYDQRWDURTXHHQVLQD&OyYLV%HYLOiTXD
3RGHUi DFRQWHFHU TXH R FUHGRU QmR TXHLUD OKH UHFRQKHFHU HVVH
GLUHLWRHQmROKHUHVWLWXDDFDUWDGHILDQoD5HFRUUHUiHQWmRDR3RGHU
-XGLFLiULR TXH R OLEHUWDUi SRU VHQWHQoD $Wp D GHFLVmR GHILQLWLYD GR
MXL]GXUDUmRRVHIHLWRVGDILDQoDGL]RQRVVRDUWLJR1mRpMXVWR6HR
MXL] UHFRQKHFH TXH R ILDGRU WLQKD R GLUHLWR GH H[RQHUDUVH GD ILDQoD
QmR GHYLD R &yGLJR VXMHLWiOR jV FRQVHTXrQFLDV GR FDSULFKR GR
FUHGRU 'HVGH R PRPHQWR HP TXH HVWH WLYHVVH VLGR QRWLILFDGR GD
UHVROXomRGRILDGRUGHH[LPLUVHDRV{QXVGDILDQoDGHYLDPFHVVDURV
HIHLWRV GD ILDQoD GH WHPSR LQGHWHUPLQDGR TXHU VH FRQIRUPDVVH R
FUHGRU FRP D QRYD VLWXDomR TXHU VHP IXQGDPHQWR MXUtGLFR
SUHWHQGHVVHSHUPDQrQFLDGDDQWHULRU
3DUD HYLWDU HVVD LQMXVWLoD SRGHUi D VHQWHQoD GHFODUDU R PRPHQWR
HP TXH FHVVDUDP RV HIHLWRV GD ILDQoD (YLWDUi SRU HVVH PRGR DR
ILDGRU XP DFUpVFLPR GH UHVSRQVDELOLGDGH TXH HOH GHFODURX QmR
DFHLWDU
,9±&LWDomR


 5HTXHUVH TXH D FLWDomR GDV UpV VHMD HIHWXDGD SHOR FRUUHLR QRV
WHUPRVGRVDUWV,HGR&yGLJRGH3URFHVVR&LYLOSDUD
UHVSRQGHU QR SUD]R GH  TXLQ]H GLDV DUW  GR &yGLJR GH
3URFHVVR &LYLO VRE SHQD GH VHUHP WLGRV SRU YHUGDGHLURV WRGRV RV
IDWRVDTXLDOHJDGRVDUWGR&yGLJRGH3URFHVVR&LYLOGHYHQGRR
UHVSHFWLYR PDQGDGR FRQWHU DV ILQDOLGDGHV GD FLWDomR DV UHVSHFWLYDV
GHWHUPLQDo}HV H FRPLQDo}HV EHP FRPR D FySLD GR GHVSDFKR GRD
00 -XL]D FRPXQLFDQGR DLQGD R SUD]R SDUD UHVSRVWD R MXt]R H R
FDUWyULRFRPRUHVSHFWLYRHQGHUHoR
2X
1RVWHUPRVGRDUW,,GR&yGLJRGH3URFHVVR&LYLOMXVWLILFDUR
PRWLYR SRVWR TXH D FLWDomR SRU 2ILFLDO GH -XVWLoD p VXEVLGLiULD
UHTXHUVHDFLWDomRGDUpSRULQWHUPpGLRGR6U2ILFLDOGH-XVWLoDSDUD
TXHUHQGRUHVSRQGHUQRSUD]RGHTXLQ]HGLDVDUWGR&yGLJR
GH3URFHVVR&LYLOVRESHQDGHVHUHPWLGRVSRUYHUGDGHLURVWRGRVRV
IDWRVDTXLDOHJDGRVDUWGR&yGLJRGH3URFHVVR&LYLOGHYHQGRR
UHVSHFWLYR PDQGDGR FRQWHU DV ILQDOLGDGHV GD FLWDomR DV UHVSHFWLYDV
GHWHUPLQDo}HV H FRPLQDo}HV EHP FRPR D FySLD GR GHVSDFKR GRD
00 -XL]D FRPXQLFDQGR DLQGD R SUD]R SDUD UHVSRVWD R MXt]R H R
FDUWyULR FRP R UHVSHFWLYR HQGHUHoR IDFXOWDQGRVH DR 6U 2ILFLDO GH
-XVWLoD HQFDUUHJDGR GD GLOLJrQFLD SURFHGHU QRV GLDV H KRUiULRV GH
H[FHomR&3&DUW†ž
9±$XGLrQFLDGH&RQFLOLDomR
1RV WHUPRV GR DUW  † ž GR &yGLJR GH 3URFHVVR &LYLO R DXWRU
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR R DXWRU GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
9,±3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR


DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9,,±9DORUGDFDXVD
'iVHjSUHVHQWHRYDORUGH5
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.9.AÇÃO DE EXONERAÇÃO DO FIADOR EM RAZÃO DA NOVAÇÃO

([PR6U'U-XL]GH'LUHLWRGD
SRUVHXVSURFXUDGRUHVGRFXPHQWRFRPHVFULWyULRQD
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLD DIRUDU SHOR SURFHGLPHQWR FRPXP ULWR RUGLQiULR HP IDFH
GHDFRPSHWHQWH
$omRGHFODUDWyULDGHH[RQHUDomRGHILDQoD
R TXH ID] FRP VXSHGkQHR QRV DUWLJRV   H  GR &yGLJR
&LYLOH[SRQGRHUHTXHUHQGRRTXDQWRVHJXH
,±)DWRV
$ DXWRUD p ILDGRUD GR SULPHLUR UpX HP YLUWXGH GH FRQWUDWR GH
ORFDomRGRLPyYHOORFDOL]DGRQDGRFXPHQWRILUPDGRHP
FXMRDOXJXHODWXDOLPSRUWDHP5PHQVDLV
2FRUUH TXH QR ~OWLPR GLD  DQWH D SUR[LPLGDGH GR ILP GR SUD]R
FRQWUDWXDO RV FRUUpXV ILUPDUDP QRYR FRQWUDWR FRP SUD]R GH 
PHVHVHDOXJXHOGHPHQVDLVGRFXPHQWRPDLRUTXHRDOXJXHO
RULJLQDO
7HQGR KDYLGR QRYDomR VHP D SDUWLFLSDomR GD DXWRUD D ILDQoD QmR
VXEVLVWH


 2FRUUH TXH DQWH DR LQDGLPSOHPHQWR GR SULPHLUR UpX H ORFDWiULR D
VHJXQGD Up QRWLILFRX D DXWRUD SDUD TXH HIHWXDVVH R SDJDPHQWR
GRFXPHQWR
1DGDREVWDQWHDFRQWUDQRWLILFDomRHQYLDGDSHODDXWRUDDYHUGDGHp
TXH OKH IRL HQYLDGD XPD VHJXQGD PLVVLYD FREUDQGR RV YDORUHV
GHYLGRVSHORSULPHLURUpXGRFXPHQWR
$VVLP QmR UHVWRX DOWHUQDWLYD j DXWRUD VHQmR LQJUHVVDU FRP D
SUHVHQWHDomRSDUDYHUUHFRQKHFLGDDH[RQHUDomRGDILDQoD
,,±'LUHLWR
2DUWGR&yGLJR&LYLOHVWLSXOD
,PSRUWD H[RQHUDomR GR ILDGRU D QRYDomR IHLWD VHP VHX FRQVHQVR
FRPRGHYHGRUSULQFLSDO
$MXULVSUXGrQFLDDGPLWHDH[RQHUDomRGRILDGRUQHVVHVFDVRV

7ULEXQDOGH$OoDGD&tYHOGR5LRGH-DQHLUR³1RYDomRVHPLQWHUYHQomR
GR ILDGRU $omR GHFODUDWyULD GH H[RQHUDomR GH ILDQoD SRU KDYHUVH
FHOHEUDGRQRYDomRVHPDLQWHUYHQLrQFLDGDILDGRUD&RQILUPDomRGDVXD
SURFHGrQFLD 1mR SURYLPHQWR GD DSHODomR SHOD QmR LQWHUYHQLrQFLD GD
ILDGRUDQRDFRUGRFHOHEUDGRHQWUHORFDGRUHORFDWiULRHSRUQmRDGPLWLUD
ILDQoD LQWHUSUHWDomR H[WHQVLYD´ $SHODomR Qž  ±  &kPDUD ±
XQkQLPH±-XL]2VZDOGR3RUWHOODGH2OLYHLUD±MXOJDPHQWR
7ULEXQDO GH $OoDGD GH 0LQDV *HUDLV ³$omR GH &REUDQoD $OXJXHO
&RQWUDWR GH ORFDomR )LDQoD 1RYDomR ± DUW  GR && $ ILDQoD p
FRQWUDWR EHQpILFR TXH QmR DGPLWH LQWHUSUHWDomR H[WHQVLYD *DUDQWLGD
REULJDomRSULPLWLYDSHODILDQoDHVWDSRUVXDSUySULDQDWXUH]DDFHVVyULD
GHVDSDUHFH FRP D H[WLQomR GR SDFWR LQLFLDO H PHVPR KDYHQGR
FRQFRUGkQFLD HQWUH FUHGRU H GHYHGRU TXDQWR j JDUDQWLD HOD VRPHQWH
JHUDUiHIHLWRVFRPDDQXrQFLDGRILDGRUQRVWHUPRVGRDUWGR&&
SRLVDQRYDomRpFDXVDGDH[RQHUDomRDXWRPiWLFDGDILDQoD´$SHODomR
Qž±8EHUOkQGLD±&kPDUD&tYHO±MXOJDPHQWR
±UHODWRU-XL]:DQGHU0DURWWD±GHFLVmRXQkQLPH5-7$0*
,,,±3HGLGR
'LDQWH GR H[SRVWR UHTXHU D DXWRUD D SURFHGrQFLD GD DomR
GHFODUDQGR 9RVVD ([FHOrQFLD D H[RQHUDomR GD ILDQoD SUHVWDGD SHOD
DXWRUDGHVGHDGDWDGDQRYDomRFRQGHQDQGRRVUpXVDRSDJDPHQWR


GDVGHVSHVDVFXVWDVHKRQRUiULRVDGYRFDWtFLRVTXH9RVVD([FHOrQFLD
KRXYHUSRUEHPDUELWUDU
,9±&LWDomR
5HTXHUVH TXH D FLWDomR GRV UpXV VHMD HIHWXDGD SHOR FRUUHLR QRV
WHUPRVGRVDUWV,HGR&yGLJRGH3URFHVVR&LYLOSDUD
UHVSRQGHU QR SUD]R GH  TXLQ]H GLDV DUW  GR &yGLJR GH
3URFHVVR &LYLO VRE SHQD GH VHUHP WLGRV SRU YHUGDGHLURV WRGRV RV
IDWRVDTXLDOHJDGRVDUWGR&yGLJRGH3URFHVVR&LYLOGHYHQGRR
UHVSHFWLYR PDQGDGR FRQWHU DV ILQDOLGDGHV GD FLWDomR DV UHVSHFWLYDV
GHWHUPLQDo}HV H FRPLQDo}HV EHP FRPR D FySLD GR GHVSDFKR GRD
00 -XL]D FRPXQLFDQGR DLQGD R SUD]R SDUD UHVSRVWD R MXt]R H R
FDUWyULRFRPRUHVSHFWLYRHQGHUHoR
2X
1RVWHUPRVGRDUW,,GR&yGLJRGH3URFHVVR&LYLOMXVWLILFDUR
PRWLYR SRVWR TXH D FLWDomR SRU 2ILFLDO GH -XVWLoD p VXEVLGLiULD
UHTXHUVH D FLWDomR GRV UpXV SRU LQWHUPpGLR GR 6U 2ILFLDO GH -XVWLoD
SDUDTXHUHQGRUHVSRQGHUQRSUD]RGHTXLQ]HGLDVDUWGR
&yGLJR GH 3URFHVVR &LYLO VRE SHQD GH VHUHP WLGRV SRU YHUGDGHLURV
WRGRV RV IDWRV DTXL DOHJDGRV DUW  GR &yGLJR GH 3URFHVVR &LYLO
GHYHQGR R UHVSHFWLYR PDQGDGR FRQWHU DV ILQDOLGDGHV GD FLWDomR DV
UHVSHFWLYDV GHWHUPLQDo}HV H FRPLQDo}HV EHP FRPR D FySLD GR
GHVSDFKR GRD 00 -XL]D FRPXQLFDQGR DLQGD R SUD]R SDUD
UHVSRVWDRMXt]RHRFDUWyULRFRPRUHVSHFWLYRHQGHUHoRIDFXOWDQGR
VH DR 6U 2ILFLDO GH -XVWLoD HQFDUUHJDGR GD GLOLJrQFLD SURFHGHU QRV
GLDVHKRUiULRVGHH[FHomR&3&DUW†ž
9±$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLORDXWRU
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR R DXWRU GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR


DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
9,±3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9,,±9DORUGDFDXVD
'iVHjSUHVHQWHRYDORUGH5
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.10.NOTIFICAÇÃO PARA AÇÃO DE DESPEJO EM VIRTUDE DA

EXTINÇÃO DO USUFRUTO OU FIDEICOMISSO (ART. 7º)

'DWD
,OPR6U

3UH]DGRVHQKRU
1DTXDOLGDGHGHDQWLJRQXSURSULHWiULRGRLPyYHOGDUXDTXHIRL
ORFDGR D 96D SHOR XVXIUXWXiULR 6U  IDOHFLGR Ki  WULQWD GLDV
FRQIRUPH LQFOXVD FHUWLGmR GH yELWR WHQGR SURYLGHQFLDGR R
FDQFHODPHQWR GR XVXIUXWR MXQWR DR RILFLDO GH 5HJLVWUR GH ,PyYHLV
FRPSHWHQWH FRQIRUPH FHUWLGmR DQH[D Ki PHQRV GH  GLDV QmR
FRQYLQGRPDQWHUDORFDomRVLUYRPHGDSUHVHQWHSDUDGHQXQFLiODQD
IRUPDGRDUWLJRžSDUiJUDIR~QLFRGD/HLGHGHRXWXEURGH

7HUi DVVLP 96D R SUD]R OHJDO GH  WULQWD GLDV SDUD D
GHVRFXSDomRGRUHIHULGRLPyYHOVRESHQDGHGHFRUULGRRSUD]ROKH
VHU SURSRVWD D FRPSHWHQWH DomR GH GHVSHMR FRP DV GHPDLV


FRPLQDo}HVGHHVWLOR
$WHQFLRVDPHQWH
1RWLILFDQWH SURSULHWiULR RX SURFXUDGRU FRP SRGHUHV HVSHFtILFRV H
LQVWUXPHQWRGHSURFXUDomRDQH[R

13.11.NOTIFICAÇÃO PARA AÇÃO DE DESPEJO EM VIRTUDE DA

ALIENAÇÃO DO IMÓVEL DURANTE A LOCAÇÃO (ART. 8º)

'DWD
,OPR6U

3UH]DGRVHQKRU
1D TXDOLGDGH GH QRYD SURSULHWiULD GR LPyYHO GD UXD  TXH VH
HQFRQWUD ORFDGR D 96D H QmR FRQYLQGR PDQWHU D ORFDomR VLUYRPH
GDSUHVHQWHSDUDGHQXQFLiODQDIRUPDGRDUWLJRžGD/HLGH

7HUi DVVLP 9 6D R SUD]R OHJDO GH  QRYHQWD GLDV SDUD D
GHVRFXSDomRGRUHIHULGRLPyYHOVRESHQDGHGHFRUULGRRSUD]ROKH
VHU SURSRVWD D FRPSHWHQWH DomR GH GHVSHMR FRP DV GHPDLV
FRPLQDo}HVGHHVWLOR
$WHQFLRVDPHQWH
1RWLILFDQWH ORFDGRU RX SURFXUDGRU FRP SRGHUHV HVSHFtILFRV H
LQVWUXPHQWRGHSURFXUDomRDQH[R

13.12.NOTIFICAÇÃO PARA AÇÃO DE DESPEJO DE IMÓVEL

RESIDENCIAL COM CONTRATO ESCRITO POR PRAZO SUPERIOR
A 30 MESES, POR DENÚNCIA VAZIA (ART. 46, § 1º),
ULTRAPASSADOS 30 DIAS DO FIM DO CONTRATO

'DWD
,OPR6U

3UH]DGRVHQKRU


 1D TXDOLGDGH GH ORFDGRU GR LPyYHO GD UXD  TXH VH HQFRQWUD
ORFDGRD96DPHGLDQWHFRQWUDWRHVFULWRFHOHEUDGRSHORSUD]RGH
WULQWDPHVHVHTXHMiVHH[SLURXHVWDQGRDJRUDYLJRUDQGRSRUSUD]R
LQGHWHUPLQDGR H QmR FRQYLQGR PDQWHU D ORFDomR VLUYRPH GD
SUHVHQWHSDUDGHQXQFLiODFRPIXQGDPHQWRQRDUWLJR†žGD/HL
GHGHRXWXEURGH
7HUi DVVLP 9 6D R SUD]R OHJDO GH  WULQWD GLDV SDUD D
GHVRFXSDomRGRUHIHULGRLPyYHOVRESHQDGHGHFRUULGRRSUD]ROKH
VHU SURSRVWD D FRPSHWHQWH DomR GH GHVSHMR FRP DV GHPDLV
FRPLQDo}HVGHHVWLOR
$WHQFLRVDPHQWH
1RWLILFDQWH ORFDGRU RX SURFXUDGRU FRP SRGHUHV HVSHFtILFRV H
LQVWUXPHQWRGHSURFXUDomRDQH[R

13.13.NOTIFICAÇÃO PARA AÇÃO DE DESPEJO DE IMÓVEL

RESIDENCIAL COM CONTRATO VERBAL OU ESCRITO COM
PRAZO INFERIOR A 30 MESES, POR DENÚNCIA VAZIA (ART. 47,
V), PASSADOS 5 ANOS DA DATA DE INÍCIO DO CONTRATO

'DWD
,OPR6U

3UH]DGRVHQKRU
1D TXDOLGDGH GH ORFDGRU GR LPyYHO GD UXD  TXH VH HQFRQWUD
ORFDGRD96DPHGLDQWHFRQWUDWRHVFULWRFHOHEUDGRSRUSUD]RLQIHULRUD
WULQWDPHVHVHTXHYLJRUDSRUSUD]RLQGHWHUPLQDGRGXUDQGRPDLV
GHFLQFRDQRVHQmRFRQYLQGRPDQWHUDORFDomRVLUYRPHGDSUHVHQWH
SDUD GHQXQFLiOD FRP IXQGDPHQWR QR DUWLJR  9 GD /HL  GH

7HUi DVVLP 9 6D R SUD]R OHJDO GH  WULQWD GLDV SDUD D
GHVRFXSDomRGRUHIHULGRLPyYHOVRESHQDGHGHFRUULGRRSUD]ROKH
VHU SURSRVWD D FRPSHWHQWH DomR GH GHVSHMR FRP DV GHPDLV
FRPLQDo}HVGHHVWLOR
$WHQFLRVDPHQWH


 1RWLILFDQWH ORFDGRU RX SURFXUDGRU FRP SRGHUHV HVSHFtILFRV H
LQVWUXPHQWRGHSURFXUDomRDQH[R

13.14.NOTIFICAÇÃO PARA AÇÃO DE DESPEJO NA LOCAÇÃO NÃO

RESIDENCIAL, APÓS 30 DIAS DO FIM DO CONTRATO (ARTS. 56 E
57)

'DWD
,OPR6U

3UH]DGRVHQKRU
1D TXDOLGDGH GH ORFDGRU GR LPyYHO GD UXD  TXH VH HQFRQWUD
ORFDGRD96DVPHGLDQWHFRQWUDWRHVFULWRSHORSUD]RGHGRLVDQRVH
TXHMiVHH[SLURXHVWDQGRDJRUDYLJRUDQGRSRUSUD]RLQGHWHUPLQDGRH
QmRFRQYLQGRPDQWHUDORFDomRVLUYRPHGDSUHVHQWHSDUDGHQXQFLi
OD FRP IXQGDPHQWR QR DUWLJR  GD /HL  GH  GH RXWXEUR GH

7HUmR DVVLP 9 6DV R SUD]R OHJDO GH  WULQWD GLDV SDUD D
GHVRFXSDomRGRUHIHULGRLPyYHOVRESHQDGHGHFRUULGRRSUD]ROKHV
VHU SURSRVWD D FRPSHWHQWH DomR GH GHVSHMR FRP DV GHPDLV
FRPLQDo}HVGHHVWLOR
$WHQFLRVDPHQWH
1RWLILFDQWH ORFDGRU RX SURFXUDGRU FRP SRGHUHV HVSHFtILFRV H
LQVWUXPHQWRGHSURFXUDomRDQH[R

13.15.NOTIFICAÇÃO PARA AÇÃO DE DESPEJO REFERENTE À

LOCAÇÃO ANTERIOR À LEI 8.245, DE 18 DE OUTUBRO DE 1991,
QUE ESTEJA VIGORANDO POR PRAZO INDETERMINADO, COM
PRAZO DE 12 MESES PARA DESOCUPAÇÃO (ART. 78)

'DWD
,OPR6U

3UH]DGR6HQKRU


 1D TXDOLGDGH GH UHSUHVHQWDQWH OHJDO GR ORFDGRU GR LPyYHO GD 5XD
TXHVHHQFRQWUDORFDGRD96DSDUDILQVUHVLGHQFLDLVHSRUSUD]R
LQGHWHUPLQDGRQmRFRQYLQGRPDQWHUDORFDomRVLUYRPHGDSUHVHQWH
SDUDGHQXQFLiODQDIRUPDGRDUWGD/HLGHGHRXWXEUR
GH
7HUiDVVLP96DRSUD]ROHJDOGHGR]HPHVHVDFRQWDUGR
UHFHELPHQWR GHVWD SDUD D GHVRFXSDomR YROXQWiULD GR LPyYHO VRE
SHQD GH QmR R ID]HQGR OKH VHU SURSRVWD D FRPSHWHQWH DomR GH
GHVSHMRFRPDVFRPLQDo}HVGHHVWLOR
$WHQFLRVDPHQWH
1RWLILFDQWH ORFDGRU RX SURFXUDGRU FRP SRGHUHV HVSHFtILFRV H
LQVWUXPHQWRGHSURFXUDomRDQH[R

13.16.NOTIFICAÇÃO PARA POSSIBILITAR SUBLOCAÇÃO, CESSÃO OU

EMPRÉSTIMO NÃO CONSENTIDO (ART. 13, § 2º)

2EVHUYDomR HVWD QRWLILFDomR Vy WHUi XWLOLGDGH VH R FRQWUDWR IRU

YHUEDORXVHHVFULWRQmRFRQWLYHUYHGDomRjVXEORFDomRHPSUpVWLPR
RXFHVVmR
+DYHQGR HVVD YHGDomR R FRQVHQWLPHQWR SRGHUi VHU SRVWHULRU
QRYDQGRRFRQWUDWRGHORFDomR
&RQYpP QRWDU RXWURVVLP TXH D QRWLILFDomR FXMR PRGHOR DEDL[R VH
VXJHUH p FRQVXOWLYD H QmR VHUYH SDUD FRPXQLFDU D VXEORFDomR
HPSUpVWLPRRXFHVVmRTXHQHVWHVWHUPRVFRQILJXUDUiLQIUDomROHJDOH
GHVSHMR
'DWD
,OPR6U

3UH]DGRVHQKRU
1DTXDOLGDGHGHORFDWiULRGRLPyYHOGDUXDTXHIRLORFDGRSRU
96DPHGLDQWHFRQWUDWRHVFULWRQRTXDOQmRFRQVWDTXDOTXHUYHGDomR
DRHPSUpVWLPRFHVVmRRXVXEORFDomRQRVWHUPRVGRDUW†žGD
/HLVLUYRPHGRSUHVHQWHSDUDQRWLILFDU9RVVD6HQKRULDGH
PLQKD LQWHQomR GH VXEORFDU HPSUHVWDU RX FHGHU R LPyYHO ORFDGR D


 EUDVLOHLUR FDVDGR HPSUHViULR TXH DWXDOPHQWH HVWi GRPLFLOLDGR
QD5XDQHVWD&DSLWDO
7HUiDVVLP96DRSUD]ROHJDOGHWULQWDGLDVSDUDPDQLIHVWDU
VXDRSRVLomRVRESHQDGHDXWRUL]DomRWiFLWDGDUHIHULGDVXEORFDomR
$WHQFLRVDPHQWH
1RWLILFDQWH ORFDGRU RX SURFXUDGRU FRP SRGHUHV HVSHFtILFRV H
LQVWUXPHQWRGHSURFXUDomRDQH[R

13.17.NOTIFICAÇÃO DO LOCATÁRIO AO LOCADOR, DENUNCIANDO

O CONTRATO NO PRAZO DE PRORROGAÇÃO

'DWD
,OPR6U

3UH]DGRVHQKRU
1D TXDOLGDGH GH ORFDWiULR GR LPyYHO GD UXD  TXH VH HQFRQWUD
ORFDGR SRU 9 6D PHGLDQWH FRQWUDWR HVFULWR FHOHEUDGR SRU SUD]R GH
 WULQWD PHVHV TXH YLJRUD SRU SUD]R LQGHWHUPLQDGR QmR FRQYLQGR
PDQWHU D ORFDomR VLUYRPH GD SUHVHQWH SDUD GHQXQFLiOD FRP
IXQGDPHQWRQRDUWLJRžGD/HLGHGHRXWXEURGH
6HQGRDVVLPDVFKDYHVVHUmRGHYROYLGDVD96QRSUD]ROHJDOGH
 WULQWD GLDV D SDUWLU GH VXD FLrQFLD ILFDQGR R LPyYHO GHVGH Mi j
VXDGLVSRVLomRSDUDDVYLVWRULDVTXHVHIL]HUHPQHFHVViULDV
$WHQFLRVDPHQWH
1RWLILFDQWH ORFDWiULR RX SURFXUDGRU FRP SRGHUHV HVSHFtILFRV H
LQVWUXPHQWRGHSURFXUDomRDQH[R

13.18.NOTIFICAÇÃO DO LOCATÁRIO AO LOCADOR, DENUNCIANDO

O CONTRATO POR TRANSFERÊNCIA DE EMPREGO

'DWD
,OPR6U



 3UH]DGRVHQKRU
1D TXDOLGDGH GH ORFDWiULR GR LPyYHO GD UXD  TXH VH HQFRQWUD
ORFDGRSRU96PHGLDQWHFRQWUDWRHVFULWRFHOHEUDGRSRUSUD]RGH
WULQWDPHVHVHTXHYLJRUDSRUSUD]RLQGHWHUPLQDGRWHQGRHPYLVWDD
WUDQVIHUrQFLD SRU PHX HPSUHJDGRU SDUD SUHVWDU VHUYLoRV QD FLGDGH
GH &XULWLED GRFXPHQWR DQH[R VLUYRPH GD SUHVHQWH SDUD GHQXQFLi
ODFRPIXQGDPHQWRQRSDUiJUDIR~QLFRGRDUWLJRžGD/HLGH
GHRXWXEURGH
6HQGRDVVLPDVFKDYHVVHUmRGHYROYLGDVD96QRSUD]ROHJDOGH
 WULQWD GLDV D SDUWLU GH VXD FLrQFLD ILFDQGR R LPyYHO GHVGH Mi j
VXDGLVSRVLomRSDUDDVYLVWRULDVTXHVHIL]HUHPQHFHVViULDV
$WHQFLRVDPHQWH
1RWLILFDQWH ORFDWiULR RX SURFXUDGRU FRP SRGHUHV HVSHFtILFRV H
LQVWUXPHQWRGHSURFXUDomRDQH[R

13.19.PETIÇÃO PARA EXECUÇÃO PROVISÓRIA DO DESPEJO

([PR6U'U-XL]GH'LUHLWRGD
3URFHVVRQž
QRVDXWRVGDDomRGHGHVSHMRTXHPRYHHPIDFHGHWHQGR
VLGR MXOJDGR SURFHGHQWH R SHGLGR H GHFUHWDGR R GHVSHMR YHP
UHVSHLWRVDPHQWHSHUDQWH9RVVD([FHOrQFLDSRUVHXDGYRJDGRH[SRU
HUHTXHUHURTXDQWRVHJXH
7HQGR HP YLVWD R UHFXUVR GH DSHODomR UHFHELGR DSHQDV QR HIHLWR
GHYROXWLYRUHTXHUDMXQWDGDGRVGRFXPHQWRVHQXPHUDGRVQRDUW
GR&3&
5HTXHU DLQGD FRP IXQGDPHQWR QR TXH GLVS}H R DUWLJR  GD /HL
 GLJQHVH 9RVVD ([FHOrQFLD GH DXWRUL]iOD D SUHVWDU D
FDXomRIL[DGDQD56HQWHQoDGHIOVHPGLQKHLURQRYDORUGH5
TXHFRUUHVSRQGHDPHVHVGHDOXJXHOYLJHQWHQHVWDGDWDRXDVHU
UHSUHVHQWDGD SHOR SUySULR LPyYHO TXH p REMHWR GD DomR 3DUD WDQWR
MXQWD FySLD DXWHQWLFDGD H DWXDOL]DGD GD PDWUtFXOD SURYD GH TXH R
LPyYHO HVWi OLYUH H GHVHPEDUDoDGR GH TXDOTXHU {QXV MXGLFLDO RX
H[WUDMXGLFLDO VHQGR GH YDORU PXLWR VXSHULRU DR GD FDXomR IL[DGD RX


PHGLDQWHILDQoDDVHUSUHVWDGDSHOR6U&TXDOLILFDUHVXDPXOKHU'
VHFDVDGRIRUTXDOTXHUTXHVHMDRUHJLPHGHEHPRVTXDLVHVWmRGH
DFRUGRHPDVVXPLUDUHVSRQVDELOLGDGHFRQIRUPHGHFODUDomRDQH[DH
SURYDP VXD LGRQHLGDGH HFRQ{PLFD H ILQDQFHLUD DWUDYpV GD FySLD GD
PDWUtFXOD DWXDOL]DGD GR LPyYHO GH TXH VmR SURSULHWiULRV HVWDQGR
SRUWDQWR DSWRV D DVVXPLU R HQFDUJR GH SDJDPHQWR GD FDXomR HP
GLQKHLUR QD KLSyWHVH GH SURYLPHQWR GR UHFXUVR GR UpX 5HTXHU D
DXWRUD DVVLP VHMD ODYUDGR R UHVSHFWLYR WHUPR GH FDXomR SDUD TXH
SURGX]DRVHIHLWRVOHJDLV
3RU ILP FRP D SUHVWDomR GD FDXomR DUELWUDGD QD 5 VHQWHQoD
UHTXHU D DXWRUD D H[SHGLomR GR PDQGDGR GH LQWLPDomR GR UpX SDUD
TXHGHVRFXSHRLPyYHOQRSUD]RGHGLDVFRPLQDGRQDVHQWHQoD
VRE SHQD GH H[HFXomR GR GHVSHMR GH DFRUGR FRP PDQGDGR GH
GHVSHMR TXH GHYH DFRPSDQKDU D LQWLPDomR QRV WHUPRV GR TXH IRUD
GHWHUPLQDGRQDVHQWHQoDDWHRUGRDUWGD/HLFRPDV
FOiXVXODVGHDUURPEDPHQWRUHTXLVLomRGHIRUoDHUHPRomRGRVEHQV
5HTXHUVHDLQGDFLrQFLDDRVHYHQWXDLVRFXSDQWHVHVXEORFDWiULRV
GRLPyYHO
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.20.PETIÇÃO PARA LEVANTAMENTO DE CAUÇÃO PELO AUTOR

([PR6U'U-XL]GH'LUHLWRGD
3URFHVVRQž
QRVDXWRVGDDomRGHGHVSHMRTXHPRYHHPIDFHGHWHQGR
VLGR MXOJDGR SURFHGHQWH R SHGLGR H GHFUHWDGR R GHVSHMR YHP
UHVSHLWRVDPHQWHSHUDQWH9RVVD([FHOrQFLDSRUVHXDGYRJDGRH[SRU
HUHTXHUHURTXDQWRVHJXH
7HQGR WUDQVLWDGR HP MXOJDGR D VHQWHQoD TXH GHFUHWRX R GHVSHMR
FRQIRUPHSURYDDFHUWLGmRGHIOVUHTXHUDDXWRUDROHYDQWDPHQWRGD


FDXomR H[SHGLQGRVH D FRPSHWHQWH JXLD FRP RV DFUpVFLPRV GH OHL
LQFOXVLYHMXURVHFRUUHomRPRQHWiULD
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGR2$%
2EVHUYDomR6HDFDXomRUHFDLXVREUHLPyYHOWHQGRVLGRDYHUEDGD
UHTXHUHUTXHVHRILFLHDRRILFLDOGH5HJLVWURGH,PyYHLVSDUDFDQFHODU
D DYHUEDomR MXQWR j PDWUtFXOD 7UDWDQGRVH GH FDXomR ILGHMXVVyULD
UHTXHUHUWHUPRGHH[RQHUDomRGRILDGRU

13.21.PETIÇÃO PARA LEVANTAMENTO DE CAUÇÃO PELO RÉU

([PR6U'U-XL]GH'LUHLWRGD
3URFHVVRQž
 QRV DXWRV GD DomR GH GHVSHMR TXH OKH PRYH  YHP
UHVSHLWRVDPHQWHSHUDQWH9RVVD([FHOrQFLDSRUVHXDGYRJDGRH[SRU
HUHTXHUHURTXDQWRVHJXH
7HQGR VLGR SURYLGR R UHFXUVR GH DSHODomR LQWHUSRVWR UHIRUPDGD D
VHQWHQoD GH ž JUDX TXH MXOJRX SURFHGHQWH R SHGLGR H GHFUHWRX R
GHVSHMR WUDQVLWDGD HP MXOJDGR HVWD GHFLVmR UHTXHU R UpX GLJQHVH
9RVVD([FHOrQFLDGHDXWRUL]DUROHYDQWDPHQWRGDFDXomRFRPRLQtFLR
GR UHVVDUFLPHQWR GH SHUGDV H GDQRV H[SHGLQGRVH D FRPSHWHQWH
JXLDLQFOXLQGRRVMXURVHFRUUHomRPRQHWiULD
3URWHVWD R UpX SRU UHFODPDU HP DomR SUySULD R UHVVDUFLPHQWR
LQWHJUDO GH VHXV SUHMXt]RV QmR LPSRUWDQGR HP TXLWDomR R
OHYDQWDPHQWRRUDUHTXHULGR
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%
2EVHUYDomR 6H D FDXomR WLYHU UHFDtGR HP RXWUR EHP TXH QmR


GLQKHLURRUpXGHYHUiUHTXHUHUH[HFXomRSDUDFRQVHTXHQWHDYDOLDomR
HKDVWDS~EOLFDGREHPFDXFLRQDGR

13.22.PEDIDO DE INTIMAÇÃO DO RÉU (ART. 65)

([PR6U'U-XL]GH'LUHLWRGD
3URFHVVRQž
QRVDXWRVGDDomRGHGHVSHMRTXHPRYHHPIDFHGHWHQGR
VLGR MXOJDGR SURFHGHQWH R SHGLGR H GHFUHWDGR R GHVSHMR YHP
UHVSHLWRVDPHQWHSHUDQWH9RVVD([FHOrQFLDSRUVHXDGYRJDGRH[SRU
HUHTXHUHURTXDQWRVHJXH
1RV WHUPRV GRV DUWV  GD /HL  H  GR &yGLJR GH
3URFHVVR &LYLO UHTXHU D DXWRUD GLJQHVH 9RVVD ([FHOrQFLD GH
GHWHUPLQDU D LQWLPDomR SHVVRDO GR UpX SDUD TXH GHVRFXSH R LPyYHO
QR SUD]R GH  GLDV IL[DGRV QD 5 VHQWHQoD VRE SHQD GH QmR R
ID]HQGRSURFHGHUVHDRGHVSHMRMXGLFLDOGRLPyYHO
5HTXHU DLQGD VHMD H[SHGLGR R PDQGDGR GH GHVSHMR TXH GHYHUi
DFRPSDQKDU D LQWLPDomR SDUD R FDVR GH UHVLVWrQFLD GR ORFDWiULR
PDQGDGR HVWH FXMD HPLVVmR Mi IRUD GHWHUPLQDGD QD VHQWHQoD QRV
WHUPRV GR DUW  GD /HL  FLHQWLILFDGRV RV HYHQWXDLV
RFXSDQWHVHVXEORFDWiULRVGRLPyYHOGHVSHMDQGR
7HUPRVHPTXHMXQWDGDDJXLDGHUHFROKLPHQWRGDGLOLJrQFLDGR6U
RILFLDOGHMXVWLoDSHGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.23.AÇÃO DE DESPEJO POR SUBLOCAÇÃO, CESSÃO OU

EMPRÉSTIMO NÃO CONSENTIDO

([PRD6UD'UD-XL]DGH'LUHLWRGD

SRUVHXVSURFXUDGRUHVGRFXPHQWRFRPHVFULWyULRQD
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH


 $omRGH'HVSHMR
RTXHID]FRPVXSHGkQHRQRVDUWLJRVž,,HGD/HLGH
 GH RXWXEUR GH  H SHODV UD]}HV GH IDWR H GH GLUHLWR TXH D
VHJXLUDUWLFXODGDPHQWHSDVVDDDGX]LU
$ DXWRUD FHOHEURX FRP R UpX QR GLD  FRQWUDWR GH ORFDomR GR
LPyYHO ORFDOL]DGR QD  SHOR SUD]R GH  WULQWD PHVHV H DOXJXHO
PHQVDOGH5GRFXPHQWR
$FOiXVXODGR]HGRUHIHULGRSDFWRYHGDH[SUHVVDPHQWHDRORFDWiULR
DVXEORFDomRFHVVmRRXHPSUpVWLPRFRPRDOLiVpGLVSRVLomRGRDUW
GD/HLGHGHRXWXEURGH
1DGDREVWDQWHFKHJRXDRFRQKHFLPHQWRGDDXWRUDTXHRLPyYHOIRL
VXEORFDGRVHPTXDOTXHUDVVHQWLPHQWRVHXDR6ULVVRQDH[DWD
PHGLGD HP TXH HVWH D SURFXURX SDUD HIHWXDU R SDJDPHQWR GRV
DOXJXpLV H GHPDLV HQFDUJRV DSUHVHQWDQGR LQFOXVLYH FySLD GR
FRQWUDWRGHVXEORFDomRGRFXPHQWR
1HVVHVHQWLGRUHVWDFULVWDOLQDDLQIUDomRFRQWUDWXDOHOHJDOSRUSDUWH
GR UpX DXWRUL]DQGR D SUHVHQWH DomR GH GHVSHMR FRP VXSHGkQHR QR
DUWGD/HL
&LWDomRHGRSHGLGR
,VWRSRVWRUHTXHUDDXWRUD
DVHMDRUpXFLWDGRSRULQWHUPpGLRGRVURILFLDOGHMXVWLoDFRPRV
SHUPLVVLYRVGRDUWLJR†žGR&yGLJRGH3URFHVVR&LYLORXSRU
YLD SRVWDO VH DXWRUL]DGR QR FRQWUDWR SDUD TXH QR SUD]R GD OHL
RIHUHoD D GHIHVD TXH WLYHU VRE SHQD GH DSOLFDUOKH RV HIHLWRV GD
UHYHOLD
E D FLrQFLD GD SUHVHQWH DR VXEORFDWiULR 6U  DUW  † ž GD
/HL
([SRVLWLVUHTXHUDLQGDGLJQHVH9RVVD([FHOrQFLD
-XOJDUDRILQDOSURFHGHQWHDDomRGHFODUDQGRH[WLQWDDUHODomRH[
ORFDWR GHFUHWDQGR R GHVSHMR FRP D FRQGHQDomR GR UpX QR
SDJDPHQWRGHFXVWDVSURFHVVXDLVHKRQRUiULRVGHDGYRJDGR
$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLORDXWRU


GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR R DXWRU GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.24.AÇÃO DE DESPEJO POR CESSÃO DA LOCAÇÃO EM RAZÃO DA

CESSÃO DAS QUOTAS SOCIAIS

([PRD6UD'UD

-XL]DGH'LUHLWRGD9DUD&tYHOGH
 SRU VHXV SURFXUDGRUHV GRFXPHQWR  FRP HVFULWyULR QD 
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDDIRUDUHPIDFHGH
DFRPSHWHQWH
$omRGHGHVSHMR


 R TXH ID] FRP VXSHGkQHR QRV DUWV ž ,, H  GD /HL  GH
 H SHODV UD]}HV GH IDWR H GH GLUHLWR TXH D VHJXLU
DUWLFXODGDPHQWHSDVVDDDGX]LU
$ DXWRUD FHOHEURX FRP D Up QR GLD  FRQWUDWR GH ORFDomR GR
LPyYHOORFDOL]DGRQD5XDSHORSUD]RGHHDOXJXHOPHQVDOGH
5
$FOiXVXODGR]HGRUHIHULGRSDFWRYHGDH[SUHVVDPHQWHjORFDWiULDD
VXEORFDomR FHVVmR RX HPSUpVWLPR FRPR DOLiV p GLVSRVLomR GR DUW
 GD /HL  GH  H HTXLSDUD D FHVVmR GH TXRWDV
VRFLDLV j FHVVmR GD ORFDomR H[LJLQGR VRE SHQD GH LQIUDomR
FRQWUDWXDODDQXrQFLDSUpYLDGDORFDGRUD
1DGD REVWDQWH FKHJRX DR FRQKHFLPHQWR GD DXWRUD TXH KRXYH
FHVVmRGDVTXRWDVVRFLDLVGRFXPHQWR
1HVVHVHQWLGRUHVWDFULVWDOLQDDLQIUDomRFRQWUDWXDOSRUSDUWHGDUp
DXWRUL]DQGRDSUHVHQWHDomRGHGHVSHMRFRPVXSHGkQHRQRVDUWVž
,,HGD/HL
&LWDomRHSHGLGR
,VWRSRVWRUHTXHUDDXWRUD
D6HMDDUpFLWDGDSRULQWHUPpGLRGR6U2ILFLDOGH-XVWLoDFRPRV
SHUPLVVLYRVGRDUW†ƒGR&yGLJRGH3URFHVVR&LYLOSDUDTXH
QRSUD]RGDOHLRIHUHoDDGHIHVDTXHWLYHUVRESHQDGHDSOLFDUOKHRV
HIHLWRVGDUHYHOLD
E$FLrQFLDGRILDGRU6U
([SRVLWLVUHTXHUDLQGDGLJQHVH9RVVD([FHOrQFLD
F-XOJDUDRILQDOSURFHGHQWHDDomRGHFODUDQGRH[WLQWDDUHODomR
H[ ORFDWR GHFUHWDQGR R GHVSHMR FRP D FRQGHQDomR GD Up QR
SDJDPHQWRGHFXVWDVSURFHVVXDLVHKRQRUiULRVGHDGYRJDGR
$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLORDXWRU
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR


FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR R DXWRU GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH
3HGHGHIHULPHQWR
/RFDOHGDWD
1RPHGRDGYRJDGRHQ~PHURGHLQVFULomRQD2$%

13.25.PEDIDO DE ASSISTÊNCIA DE SUBLOCATÁRIOS

([PRD6UD'UD-XL]DGH'LUHLWRGD

 UHVLGHQWH H GRPLFLOLDGR QD  SRU VHXV SURFXUDGRUHV
GRFXPHQWR  FRP HVFULWyULR QD  RQGH UHFHEHUmR LQWLPDo}HV
QRVDXWRVGD$omRGH'HVSHMRTXHQRPHGR$XWRUSURPRYHHPIDFH
GH QRPH GR UpX YHP UHVSHLWRVDPHQWH GLDQWH GH 9RVVD ([FHOrQFLD
FRPIXQGDPHQWRQRDUW†žGD/HLGHHDUW
HVHJXLQWHVGR&yGLJRGH3URFHVVR&LYLOUHTXHUHUGLJQHVH9RVVD
([FHOrQFLDGHDGPLWLORFRPR$VVLVWHQWHGR5pXSHODVUD]}HVGHIDWR
HGHGLUHLWRTXHDVHJXLUSDVVDDH[SRU
2 UHTXHUHQWH DR UHYpV GR TXH DILUPD D DXWRUD p VXEORFDWiULR
OHJtWLPRGRLPyYHOORFDOL]DGRQDGRFXPHQWR
(P YHUGDGH QDGD REVWDQWH D FOiXVXOD GR]H GR FRQWUDWR FHOHEUDGR
HQWUHDDXWRUDHRUpXSRVWHULRUPHQWHIRLREWLGDDXWRUL]DomRH[SUHVVD


SDUDTXHIRVVHFHOHEUDGDDVXEORFDomRGRFXPHQWR
$VVLP R UHTXHUHQWH QmR HQWHQGH R PRWLYR GD SUHVHQWH DomR HP
IDFHGRVXEORFDGRURUDUpXTXHOKHIRUDFLHQWLILFDGD
2XWURVVLP UHVWD HYLGHQWH TXH R UHTXHUHQWH QD TXDOLGDGH GH
VXEORFDWiULR OHJtWLPR WHP LQWHUHVVH MXUtGLFR GH TXH D VHQWHQoD
IDYRUHoDRUpXSDUDTXHVXEVLVWDDUHODomRH[ORFDWR R TXH R WRUQD
SDUWH DEVROXWDPHQWH OHJtWLPD SDUD LQWHUYLU QR SURFHVVR FRPR
DVVLVWHQWHDGHVLYR
$QWHRH[SRVWRUHTXHUGLJQHVH9RVVD([FHOrQFLDGHPDQGDURXYLU
DV SDUWHV SDUD TXH QR SUD]R GH  GLDV PDQLIHVWHP VXD
FRQFRUGkQFLD FRP R SUHVHQWH UHTXHULPHQWR RX LPSXJQHP R SHGLGR
GHFLGLQGR D PDWpULD HP LJXDO SUD]R DGPLWLQGR D DVVLVWrQFLD PHVPR
QRFDVRGHLPSXJQDomRDXWRUL]DQGRDVVLPTXHRUHTXHUHQWHDWXHQR
SURFHVVR FRPR DVVLVWHQWH H[HUFHQGR RV PHVPRV SRGHUHV H
VXMHLWDQGRVH DRV PHVPRV {QXV SURFHVVXDLV GR DVVLVWLGR DWXDQGR
FRPRJHVWRUGHQHJyFLRVQRFDVRGHUHYHOLD
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.26.DESPEJO POR EXTINÇÃO DA SUBLOCAÇÃO COM PEDIDO DE

LIMINAR

([PRD6UD'UD-XL]DGH'LUHLWRGD

SRUVHXVSURFXUDGRUHVGRFXPHQWRFRPHVFULWyULRQD
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omRGHGHVSHMRFRPSHGLGROLPLQDU
R TXH ID] FRP VXSHGkQHR QR DUWLJR  FXPXODGR FRP R DUW  †
ž9GD/HLGHHSHODVUD]}HVGHIDWRHGHGLUHLWR
TXHDVHJXLUDUWLFXODGDPHQWHSDVVDDDGX]LU
$XWRUDFHOHEURXFRPRUpXQRGLDFRQWUDWRGHORFDomRGRLPyYHO


ORFDOL]DGR QHVWD &DSLWDO GH 6mR 3DXOR QD 5XD  GRFXPHQWR 
SHORSUD]RGHWULQWDPHVHVPHGLDQWHDOXJXHOPHQVDOGH5
'HFRUULGRV  GR]H PHVHV GH ORFDomR R ORFDWiULR VROLFLWRX
FRQVHQWLPHQWR GD DXWRUD SDUD VXEORFDU R LPyYHO DR UpX DXWRUL]DomR
TXH IRL FRQFHGLGD FRQIRUPH VH REVHUYD GR GRFXPHQWR DQH[R
GRFXPHQWR
2FRUUH TXH QR ~OWLPR GLD  R HQWmR ORFDWiULR H D DXWRUD
UHVROYHUDPGHFRPXPDFRUGRUHVLOLUDORFDomRGRFXPHQWRWHQGR
RLQTXLOLQRVHREULJDGRDGHYROYHUDVFKDYHVHPWUrVPHVHV
'HFRUULGRVPDLVGHWUrVPHVHVQHQKXPDSURYLGrQFLDIRLWRPDGD
SDUD D GHYROXomR GDV FKDYHV GR LPyYHO REMHWR GR FRQWUDWR HQWUH DV
SDUWHV
0HVPR VHP TXH KDMD TXDOTXHU H[LJrQFLD OHJDO DUW  GD /HL
 DG FDXWHODP QR GLD  D DXWRUD QRWLILFRX R UpX SDUD
TXHGHVRFXSDVVHRLPyYHOHPWULQWDGLDV
'HFRUULGR LQ DOELV R SUD]R FRQFHGLGR VHP TXH KRXYHVVH D
GHYROXomRQmRUHVWRXRXWUDDOWHUQDWLYDjDXWRUDVHQmRLQJUHVVDUFRP
DSUHVHQWHDomR
&LWDomRHSHGLGR
,VWRSRVWRUHTXHUDDXWRUD
DVHMDFRQFHGLGDGHVRFXSDomROLPLQDUGRLPyYHOFRPSUD]RGH
GLDV LQGHSHQGHQWHPHQWH GD RLWLYD GR UpX GHIHULQGR R GHSyVLWR
MXGLFLDODWtWXORGHFDXomRGHWUrVDOXJXpLVQRVWHUPRVGR†žGR
DUWGD/HL
EVHMDRUpXFLWDGRSRULQWHUPpGLRGRVURILFLDOGHMXVWLoDFRPRV
SHUPLVVLYRV GR DUWLJR  † ž GR &yGLJR GH 3URFHVVR &LYLO SDUD
TXHQRSUD]RGDOHLRIHUHoDDGHIHVDTXHWLYHUVRESHQDGHDSOLFDU
OKH RV HIHLWRV GD UHYHOLD FRPXQLFDQGROKH LQFOXVLYH D OLPLQDU
FRQFHGLGD LQWLPDQGRR GR SUD]R GH  GLDV SDUD GHVRFXSDomR
YROXQWiULD/HLDUWVH
FDFLrQFLDGDSUHVHQWHDHYHQWXDLVRFXSDQWHVHVXEORFDWiULRVDUW
†žGD/HL
([SRVLWLVUHTXHUDLQGDGLJQHVH9RVVD([FHOrQFLDGH


 -XOJDUDRILQDOSURFHGHQWHDDomRGHFODUDQGRH[WLQWDDUHODomRH[
ORFDWRFRQILUPDQGRDOLPLQDUGHFUHWDQGRHPGHILQLWLYRRGHVSHMRFRP
D FRQGHQDomR GR UpX QR SDJDPHQWR GH FXVWDV SURFHVVXDLV H
KRQRUiULRVGHDGYRJDGR
$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLORDXWRU
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR R DXWRU GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.27.AÇÃO DE DESPEJO POR INFRAÇÃO DE MÚTUO ACORDO COM

PEDIDO DE DESOCUPAÇÃO LIMINAR

([PRD6UD'UD-XL]DGH'LUHLWRGD


 SRUVHXVSURFXUDGRUHVGRFXPHQWRFRPHVFULWyULRQD
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omRGHGHVSHMRFRPSHGLGRGHGHVRFXSDomROLPLQDU
R TXH ID] FRP VXSHGkQHR QRV DUWLJRV ž , H  † ž , GD /HL
 H SHODV UD]}HV GH IDWR H GH GLUHLWR TXH D VHJXLU
DUWLFXODGDPHQWHSDVVDDDGX]LU
$DXWRUDORFRXDRUpXRLPyYHOUHVLGHQFLDOORFDOL]DGRQD5XD
2UHIHULGRLPyYHOIRLORFDGRDRUpXQRGLDSRUFRQWUDWRHVFULWR
FRPSUD]RGHWULQWDPHVHVTXHVHHQFRQWUDSURUURJDGRSRUSUD]R
LQGHWHUPLQDGR
2DOXJXHODMXVWDGRDWXDOPHQWHpHTXLYDOHQWHD5PHQVDLV
2FRUUH TXH QmR FRQYLQGR PDLV PDQWHU D ORFDomR DV SDUWHV
FHOHEUDUDP QR GLD  SRU HVFULWR DFRUGR SDUD UHVLOLU R FRQWUDWR GH
ORFDomRILUPDGRSHODVSDUWHVHGXDVWHVWHPXQKDV
1R UHIHULGR DFRUGR IRL HVWLSXODGD D GHVRFXSDomR QR SUD]R GH 
VHLVPHVHVTXHMiVHH[SLURXQR~OWLPRGLDVHPTXHKRXYHVVH
FXPSULPHQWRGRTXHIRLDYHQoDGR
$VVLP GHFRUULGR LQ DOELV R SUD]R SDUD GHVRFXSDomR QmR UHVWRX
DOWHUQDWLYDjDXWRUDVHQmRLQJUHVVDUFRPDSUHVHQWHDomR
&LWDomRHSHGLGR
,VWRSRVWRUHTXHUDDXWRUD
DVHMDFRQFHGLGDGHVRFXSDomROLPLQDUGRLPyYHOFRPSUD]RGH
GLDV LQGHSHQGHQWHPHQWH GD RLWLYD GR UpX GHIHULQGR R GHSyVLWR
MXGLFLDODWtWXORGHFDXomRGHWUrVDOXJXpLVQRVWHUPRVGR†ž,
GRDUWGD/HL
EVHMDRUpXFLWDGRSRULQWHUPpGLRGR6URILFLDOGHMXVWLoDFRPRV
SHUPLVVLYRV GR DUWLJR  † ž GR &yGLJR GH 3URFHVVR &LYLO SDUD
TXHQRSUD]RGDOHLRIHUHoDDGHIHVDTXHWLYHUVRESHQDGHDSOLFDU
OKH RV HIHLWRV GD UHYHOLD FRPXQLFDQGROKH LQFOXVLYH D OLPLQDU
FRQFHGLGD LQWLPDQGRR GR SUD]R GH  GLDV SDUD GHVRFXSDomR
YROXQWiULD/HLDUW
FDFLrQFLDGDSUHVHQWHDHYHQWXDLVRFXSDQWHVHVXEORFDWiULRVDUW


†žGD/HL
([SRVLWLVUHTXHUDLQGDGLJQHVH9RVVD([FHOrQFLD
-XOJDUDRILQDOSURFHGHQWHDDomRGHFODUDQGRH[WLQWDDUHODomRH[
ORFDWRFRQILUPDQGRDOLPLQDUGHFUHWDQGRHPGHILQLWLYRRGHVSHMRFRP
D FRQGHQDomR GR UpX QR SDJDPHQWR GH FXVWDV SURFHVVXDLV H
KRQRUiULRVGHDGYRJDGR
$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLORDXWRU
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR R DXWRU GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.28.AÇÃO DE DESPEJO POR DESVIO DE USO DO IMÓVEL (ART. 23)


 ([PRD6UD'UD-XL]DGH'LUHLWRGD
SRUVHXVSURFXUDGRUHVGRFXPHQWRFRPHVFULWyULRQD
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omRGHGHVSHMR
R TXH ID] FRP VXSHGkQHR QRV DUWLJRV ž ,, H  ,, GD /HL
 H SHODV UD]}HV GH IDWR H GH GLUHLWR TXH D VHJXLU
DUWLFXODGDPHQWHSDVVDDDGX]LU
$DXWRUDQRGLDORFRXDRUpXRLPyYHOUHVLGHQFLDOORFDOL]DGRQD
5XDSRUFRQWUDWRHVFULWRFRPSUD]RGHWULQWDPHVHVTXHVH
HQFRQWUDSURUURJDGRSRUSUD]RLQGHWHUPLQDGRGRFXPHQWR
2DOXJXHODWXDOFRUUHVSRQGHD5PHQVDLV
$FOiXVXODGRUHIHULGRFRQWUDWRHVWLSXODFODUDPHQWHTXHRLPyYHO
ORFDGRIRLGHVWLQDGRSDUDILQVH[FOXVLYDPHQWHUHVLGHQFLDLV
(QWUHWDQWR DR FRQWUiULR GR TXH VH REULJRX R UpX LQVWDORX QR ORFDO
XPD HPSUHVD GH FRQVXOWRULD UHFHEHQGR GLYHUVRV FOLHQWHV R TXH
LQFOXVLYH PRWLYRX R FRQGRPtQLR D HQYLDU FDUWD GH DGYHUWrQFLD
GRFXPHQWR
2SRUWXQR VH WRUQD GL]HU TXH R SUpGLR RQGH VH HQFRQWUD R LPyYHO
ORFDGR p H[FOXVLYDPHQWH UHVLGHQFLDO FRQIRUPH ID] SURYD D LQFOXVD
FySLDGDFRQYHQomRFRQGRPLQLDOGRFXPHQWR
&RPHWHX DVVLP R ORFDWiULR RUD UpX JUDYH LQIUDomR j OHL H DR
FRQWUDWRHQVHMDQGRVXDUHVROXomR
&LWDomRHSHGLGR
,VWRSRVWRUHTXHUDDXWRUD
D VHMD R UpX FLWDGR SRU LQWHUPpGLR GR VU RILFLDO GH MXVWLoD RX SRU
YLD SRVWDO VH DXWRUL]DGR QR FRQWUDWR FRP RV SHUPLVVLYRV GR DUWLJR
 † ž GR &yGLJR GH 3URFHVVR &LYLO SDUD TXH QR SUD]R GD OHL
RIHUHoD D GHIHVD TXH WLYHU VRE SHQD GH DSOLFDUOKH RV HIHLWRV GD
UHYHOLD
EDFLrQFLDGDSUHVHQWHDHYHQWXDLVRFXSDQWHVHVXEORFDWiULRVDUW
†žGD/HL
([SRVLWLVUHTXHUDLQGDGLJQHVH9RVVD([FHOrQFLDGH


 -XOJDUDRILQDOSURFHGHQWHDDomRGHFODUDQGRH[WLQWDDUHODomRH[
ORFDWR SRU LQIUDomR jV QRUPDV OHJDLV H FRQWUDWXDLV GHFUHWDQGR R
GHVSHMR FRP D FRQGHQDomR GR UpX QR SDJDPHQWR GH FXVWDV
SURFHVVXDLVHKRQRUiULRVGHDGYRJDGR
$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLORDXWRU
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR R DXWRU GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.29.AÇÃO DE DESPEJO POR FALTA DE PAGAMENTO SEM

CUMULAÇÃO DE COBRANÇA DE ALUGUÉIS

([PRD6UD'UD-XL]DGH'LUHLWRGD


 SRUVHXVSURFXUDGRUHVGRFXPHQWRFRPHVFULWyULRQD
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omRGHGHVSHMRSRUIDOWDGHSDJDPHQWRGHDOXJXHOHHQFDUJRV
TXHID]FRPVXSHGkQHRQRVDUWLJRVž,,,HGD/HLH
SHODVUD]}HVGHIDWRHGHGLUHLWRTXHDVHJXLUDUWLFXODGDPHQWHSDVVD
DDGX]LU
2DXWRUORFRXDRUpXSDUDILQVUHVLGHQFLDLVDSDUWLUGHRLPyYHO
GDUXDPHGLDQWHFRQWUDWRHVFULWRGRFXPHQWRSHORSUD]RGH
WULQWDPHVHVHDOXJXHOLQLFLDOGH5PHQVDLVFDEHQGRDLQGDDR
ORFDWiULRRSDJDPHQWRGRVHQFDUJRVGHVFULWRVQRFRQWUDWR
2FRUUH TXH R UpX QmR SDJD DOXJXpLV GHVGH  VHQGR TXH RV
HQFDUJRV ,378V H GHVSHVDV FRQGRPLQLDLV QmR IRUDP SRU HOH SDJRV
QRPrVGHQRYHPEURYHQFLPHQWRHPDFRUGHFRPGHPRQVWUDWLYRH
FRPSURYDQWHVHQYLDGRVSHODDGPLQLVWUDGRUDGRFXPHQWR
6HX GpELWR DWXDO p GH 5  FRQIRUPH GLVFULPLQDomR HP SODQLOKD
DQH[DGRFXPHQWR
&LWDomRHSHGLGR
,VWRSRVWRUHTXHURDXWRU
D VHMD R UpX FLWDGR SRU LQWHUPpGLR GR 6U RILFLDO GH MXVWLoD RX SRU
YLD SRVWDO VH DXWRUL]DGD QR FRQWUDWR FRP RV SHUPLVVLYRV GR DUWLJR
†žGR&yGLJRGH3URFHVVR&LYLOSDUDTXHHPHQGHDPRUDQD
IRUPD SUHYLVWD QR DUWLJR  GD /HL  PHGLDQWH GHSyVLWR
MXGLFLDO DWXDOL]DGR GR GpELWR GLVFULPLQDGR QD SODQLOKD DQH[D
GRFXPHQWR  LQFOXVLYH SUHVWDo}HV YLQFHQGDV FXVWDV H KRQRUiULRV
GH DGYRJDGR QR SDWDPDU GH  RX RXWUR SHUFHQWXDO HVWLSXODGR QR
FRQWUDWR GH DWp  GR YDORU GR GpELWR QRV WHUPRV GD OHWUD ³G´ GR
LQFLVR,,GRDUWRXRIHUHoDDGHIHVDTXHWLYHUVRESHQDGHDSOLFDU
OKHRVHIHLWRVGDUHYHOLD
EDFLrQFLDGDSUHVHQWHDHYHQWXDLVRFXSDQWHVHVXEORFDWiULRVDUW
†žGD/HL
F D FLrQFLD DRV )LDGRUHV 6U  H 6UD  GRPLFLOLDGRV QD 
SDUDTXHQmRDOHJXHPGHVFRQKHFLPHQWRGHVWDGHPDQGD


 ([SRVLWLVUHTXHUDLQGDGLJQHVH9RVVD([FHOrQFLD
-XOJDU DR ILQDO SURFHGHQWH D DomR GHFODUDQGR D H[WLQomR GD
UHODomRH[ORFDWRGHFUHWDQGRRGHVSHMRFRPDFRQGHQDomRGRUpXQR
SDJDPHQWRGHFXVWDVSURFHVVXDLVHKRQRUiULRVGHDGYRJDGR
$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLORDXWRU
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR R DXWRU GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.30.AÇÃO DE DESPEJO POR FALTA DE PAGAMENTO CUMULADA

COM COBRANÇA DE ALUGUÉIS SOMENTE CONTRA O
LOCATÁRIO


 ([PRD6UD'UD-XL]DGH'LUHLWRGD
SRUVHXVSURFXUDGRUHVGRFXPHQWRFRPHVFULWyULRQD
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omR GH GHVSHMR SRU IDOWD GH SDJDPHQWR GH DOXJXHO H HQFDUJRV
FXPXODGDFRPFREUDQoD
RTXHID]FRPVXSHGkQHRQRVDUWLJRVž,,,HGD/HL
H SHODV UD]}HV GH IDWR H GH GLUHLWR TXH D VHJXLU DUWLFXODGDPHQWH
SDVVDDDGX]LU
2DXWRUORFRXDRUpXSDUDILQVUHVLGHQFLDLVDSDUWLUGHRLPyYHO
GD UXD  PHGLDQWH FRQWUDWR HVFULWR GRFXPHQWR  SHOR SUD]R GH
WULQWDPHVHVHDOXJXHODWXDOGH5PHQVDLVFDEHQGRDLQGD
DRORFDWiULRRSDJDPHQWRGRVHQFDUJRVGHVFULWRVQRFRQWUDWR
2FRUUH TXH R UpX QmR SDJD DOXJXpLV GHVGH  VHQGR TXH RV
HQFDUJRV ,378V H GHVSHVDV FRQGRPLQLDLV QmR IRUDP SRU HOH SDJRV
QRPrVGHQRYHPEURYHQFLPHQWRHPDFRUGHFRPGHPRQVWUDWLYRH
FRPSURYDQWHVHQYLDGRVSHODDGPLQLVWUDGRUDGRFXPHQWR
6HX GpELWR DWXDO p GH 5  FRQIRUPH GLVFULPLQDGR QD SODQLOKD
DQH[DGRFXPHQWR
&LWDomRHSHGLGR
,VWRSRVWRUHTXHUDDXWRUD
D VHMD R UpX FLWDGR SRU LQWHUPpGLR GR 6U RILFLDO GH MXVWLoD RX SRU
YLD SRVWDO VH DXWRUL]DGD QR FRQWUDWR FRP RV SHUPLVVLYRV GR DUWLJR
 † ž GR &yGLJR GH 3URFHVVR &LYLO SDUD TXH QR SUD]R GD OHL
HPHQGH D PRUD QD IRUPD SUHYLVWD QR DUWLJR  GD /HL 
PHGLDQWH GHSyVLWR MXGLFLDO DWXDOL]DGR GR GpELWR GLVFULPLQDGR QD
SODQLOKD DQH[D GRFXPHQWR  LQFOXVLYH SUHVWDo}HV YLQFHQGDV
FXVWDV H KRQRUiULRV GH DGYRJDGR QR SDWDPDU GH  RX RXWUR
SHUFHQWXDOHVWLSXODGRQRFRQWUDWRGHDWpGRYDORUGRGpELWRQRV
WHUPRV GD OHWUD ³G´ GR LQFLVR ,, GR DUW  VRPHQWH SDUD R FDVR GH
HPHQGDGHPRUDRXRIHUHoDDGHIHVDTXHWLYHUVRESHQDGHDSOLFDU
OKHRVHIHLWRVGDUHYHOLD
EDFLrQFLDGDSUHVHQWHDHYHQWXDLVRFXSDQWHVHVXEORFDWiULRVDUW
†žGD/HL


 FDFLrQFLDDRVILDGRUHV6UH6UDGRPLFLOLDGRVQDSDUD
TXHQmRDOHJXHPGHVFRQKHFLPHQWRGHVWDGHPDQGD
&DVR QmR VHMD HPHQGDGD D PRUD UHTXHU D DXWRUD GLJQHVH 9RVVD
([FHOrQFLDGH
-XOJDU DR ILQDO SURFHGHQWH D DomR GHFODUDQGR D H[WLQomR GD
UHODomRH[ORFDWRGHFUHWDQGRRGHVSHMRFRPDFRQGHQDomRGRUpXQR
SDJDPHQWRGRGpELWRFRPSRVWRSHORVDOXJXpLVHHQFDUJRVDFUHVFLGRV
GH PXOWDV H FRUUHo}HV DWp R PRPHQWR HIHWLYR GD GHVRFXSDomR QRV
WHUPRVGRDUW,GD/HLDOpPGHFXVWDVSURFHVVXDLVH
KRQRUiULRVGHDGYRJDGR
$XGLrQFLDGH&RQFLOLDomR
1RV WHUPRV GR DUW  † ž GR &yGLJR GH 3URFHVVR &LYLO R DXWRU
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR R DXWRU GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD


 $GYRJDGR2$%

13.31.AÇÃO DE DESPEJO POR FALTA DE PAGAMENTO, CUMULADA

COM COBRANÇA EM FACE DO FIADOR

([PRD6UD'UD-XL]DGH'LUHLWRGD9DUD&tYHOGH

 SRU VHXV SURFXUDGRUHV GRFXPHQWR  FRP HVFULWyULR QD 
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omR GH GHVSHMR SRU IDOWD GH SDJDPHQWR GH DOXJXHO H HQFDUJRV
FXPXODGDFRPFREUDQoD
RTXHID]FRPVXSHGkQHRQRVDUWVž,,,HH†ž,;GD/HL
GHGHRXWXEURGHHSHODVUD]}HVGHIDWRHGHGLUHLWR
TXHDVHJXLUDUWLFXODGDPHQWHSDVVDDDGX]LU
2DXWRUORFRXDRORFDWiULRUpXSDUDILQVUHVLGHQFLDLVDSDUWLUGH
R LPyYHO GD 5XD  PHGLDQWH FRQWUDWR HVFULWR GRFXPHQWR  SHOR
SUD]R GH  PHVHV H DOXJXHO DWXDO GH 5  PHQVDLV FDEHQGR
DLQGDDRORFDWiULRRSDJDPHQWRGRVHQFDUJRVGHVFULWRVQRFRQWUDWR
2FRUUH TXH R ORFDWiULRUpX QmR SDJD DOXJXpLV H RX HQFDUJRV
GHVGH  VHQGR TXH RV HQFDUJRV ,378 H GHVSHVDV FRQGRPLQLDLV
QmR VmR SRU HOH SDJRV GHVGH  DFRUGH FRP GHPRQVWUDWLYR H
FRPSURYDQWHVHQYLDGRVSHODDGPLQLVWUDGRUDGRFXPHQWR
6HX GpELWR DWXDO p GH 5  FRQIRUPH GLVFULPLQDGR QD SODQLOKD
DQH[D GRFXPHQWR  QmR UHVWDQGR DOWHUQDWLYD DR DXWRU VHQmR D
SURSRVLWXUDGDSUHVHQWHDomR
&LWDomRHSHGLGR
&RPUHODomRDRORFDWiULR
D 6HMD R ORFDWiULRUpX FLWDGR SRU LQWHUPpGLR GR 6U 2ILFLDO GH
-XVWLoDFRPRVSHUPLVVLYRVGRDUW†ƒGR&yGLJRGH3URFHVVR
&LYLO SDUD TXH QR SUD]R GH TXLQ]H GLDV GD FLWDomR HPHQGH D PRUD
QD IRUPD SUHYLVWD QR DUW  GD /HL  PHGLDQWH GHSyVLWR
MXGLFLDO DWXDOL]DGR GR GpELWR GLVFULPLQDGR QD SODQLOKD DQH[D
GRFXPHQWR  LQFOXVLYH SUHVWDo}HV YLQFHQGDV FXVWDV H KRQRUiULRV
GH DGYRJDGR QD EDVH GH  RX RXWUR SHUFHQWXDO HVWLSXODGR QR


FRQWUDWR GH DWp  GR YDORU GR GpELWR QRV WHUPRV GD OHWUD G GR
LQFLVR ,, GR DUW  VRPHQWH SDUD R FDVR GH HPHQGD GH PRUD RX
RIHUHoD D GHIHVD TXH WLYHU VRE SHQD GH DSOLFDUOKH RV HIHLWRV GD
UHYHOLD
E$FLrQFLDGDSUHVHQWHDHYHQWXDLVRFXSDQWHVHVXEORFDWiULRVDUW
†žGD/HL
&RPUHODomRDRVILDGRUHV
F &LWDomR GR 6U  H GD 6UD  UHVLGHQWHV H GRPLFLOLDGRV QD
5XDSRULQWHUPpGLRGR6U2ILFLDOGH-XVWLoDRXSRUYLDSRVWDOVH
DXWRUL]DGD QR FRQWUDWR FRP RV SHUPLVVLYRV GR DUW  † ƒ GR
&yGLJR GH 3URFHVVR &LYLO SDUD TXH QR SUD]R GH TXLQ]H GLDV GD
FLWDomR HPHQGHP D PRUD QD IRUPD SUHYLVWD QR DUW  GD /HL
 PHGLDQWH GHSyVLWR MXGLFLDO DWXDOL]DGR GR GpELWR
GLVFULPLQDGR QD SODQLOKD DQH[D GRFXPHQWR  LQFOXVLYH SUHVWDo}HV
YLQFHQGDVFXVWDVHKRQRUiULRVGHDGYRJDGRQRSDWDPDUGHRX
RXWUR SHUFHQWXDO HVWLSXODGR QR FRQWUDWR GH DWp  GR YDORU GR
GpELWR DUW  ,, G VRPHQWH SDUD R FDVR GH HPHQGD GH PRUD RX
RIHUHoDDGHIHVDTXHWLYHUHPVRESHQDGHDSOLFDUOKHVRVHIHLWRVGD
UHYHOLD
&DVRQmRVHMDHPHQGDGDDPRUDRXVHIRUFRQWHVWDGDDDomRSRU
TXDOTXHUGHOHVUHTXHURDXWRUGLJQHVH9RVVD([FHOrQFLDGH
D -XOJDU DR ILQDO SURFHGHQWH D DomR GHFODUDQGR D H[WLQomR GD
UHODomRH[ORFDWRGHFUHWDQGRRGHVSHMRGRORFDWiULRUpX
E &RQGHQDU ORFDWiULRUpX H ILDGRUHVUpXV VROLGDULDPHQWH QR
SDJDPHQWR GR GpELWR FRPSRVWR SHORV DOXJXHUHV H HQFDUJRV
DFUHVFLGRV GH PXOWDV H FRUUHo}HV DWp R PRPHQWR HIHWLYR GD
GHVRFXSDomR QRV WHUPRV GR DUW  , GD /HL  DOpP GH
FXVWDVSURFHVVXDLVHKRQRUiULRVGHDGYRJDGRGHYHQGRVHSURFHGHUj
FREUDQoD QRV PHVPRV DXWRV GD DomR GH GHVSHMR IDFXOWDQGRVH D
FREUDQoDDQWHVGDGHVRFXSDomRGRLPyYHO
$XGLrQFLDGH&RQFLOLDomR
1RV WHUPRV GR DUW  † ž GR &yGLJR GH 3URFHVVR &LYLO R DXWRU
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR


 2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR R DXWRU GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH
3HGHGHIHULPHQWR
/RFDOHGDWD
1RPHHQ~PHURGHLQVFULomRGRDGYRJDGRQD2$%

13.32.AÇÃO DE DESPEJO POR FALTA DE PAGAMENTO COM PEDIDO

DE DESOCUPAÇÃO LIMINAR NA HIPÓTESE DE AUSÊNCIA DE
GARANTIAS

([PRD6UD'UD-XL]DGH'LUHLWRGD

8UJHQWHUHTXHUDFRQFHVVmRGHOLPLQDU
 SRU VHXV SURFXUDGRUHV GRFXPHQWR  FRP HVFULWyULR QD 
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omR GH GHVSHMR SRU IDOWD GH SDJDPHQWR GH DOXJXHO H HQFDUJRV
FXPXODGDFRPFREUDQoD
RTXHID]FRPVXSHGkQHRQRVDUWVž,,,H†ž,;GD/HL
GHHSHODVUD]}HVGHIDWRHGHGLUHLWRTXHDVHJXLU


DUWLFXODGDPHQWHSDVVDDDGX]LU
2DXWRUORFRXDRUpXSDUDILQVUHVLGHQFLDLVDSDUWLURLPyYHOGD
5XDPHGLDQWHFRQWUDWRHVFULWRGRFXPHQWRSHORSUD]RGH
PHVHV H DOXJXHO DWXDO GH 5  PHQVDLV FDEHQGR DLQGD DR
ORFDWiULRRSDJDPHQWRGRVHQFDUJRVGHVFULWRVQRFRQWUDWR
1mRKiTXDOTXHUJDUDQWLDSUHYLVWDQRFRQWUDWRGHORFDomR
2FRUUH TXH R UpX QmR SDJD DOXJXpLV H RX HQFDUJRV GHVGH 
VHQGRTXHRVHQFDUJRV,378HGHVSHVDVFRQGRPLQLDLVQmRVmRSRU
HOH SDJRV GHVGH  DFRUGH FRP GHPRQVWUDWLYR H FRPSURYDQWHV
HQYLDGRVSHODDGPLQLVWUDGRUDGRFXPHQWR
6HX GpELWR DWXDO p GH 5  FRQIRUPH GLVFULPLQDGR QD SODQLOKD
DQH[D GRFXPHQWR  QmR UHVWDQGR DOWHUQDWLYD DR DXWRU VHQmR D
SURSRVLWXUDGDSUHVHQWHDomR
&LWDomRHSHGLGR
,VWRSRVWRUHTXHURDXWRU
D6HMDRUpXFLWDGRSRULQWHUPpGLRGR6U2ILFLDOGH-XVWLoDFRPRV
SHUPLVVLYRVGRDUW†ƒGR&yGLJRGH3URFHVVR&LYLOSDUDTXH
QR SUD]R GH TXLQ]H GLDV GD FLWDomR HPHQGH D PRUD VRE SHQD GH
GHVSHMR OLPLQDU QD IRUPD SUHYLVWD QR LQFLVR ,, GR DUW  GD /HL
 PHGLDQWH GHSyVLWR MXGLFLDO DWXDOL]DGR GR GpELWR
GLVFULPLQDGR QD SODQLOKD DQH[D GRFXPHQWR  LQFOXLQGR SUHVWDo}HV
YLQFHQGDV FXVWDV H KRQRUiULRV GH DGYRJDGR QD EDVH GH  RX
RXWUR SHUFHQWXDO HVWLSXODGR QR FRQWUDWR GH DWp  GR YDORU GR
GpELWR QRV WHUPRV GD OHWUD G GR LQFLVR ,, GR DUW  VRPHQWH SDUD R
FDVRGHHPHQGDGHPRUDRXRIHUHoDDGHIHVDTXHWLYHUVRESHQDGH
DSOLFDUOKHRVHIHLWRVGDUHYHOLD
EDFLrQFLDGDSUHVHQWHDHYHQWXDLVRFXSDQWHVHVXEORFDWiULRVDUW
†žGD/HL
3HGLGRGHOLPLQDU
F 1RV WHUPRV GR DUW  † ž ,; GD /HL  UHTXHUVH D
FRQFHVVmRGHGHVRFXSDomROLPLQDUQRSUD]RGHTXLQ]HGLDVWHQGRHP
YLVWDTXHDSUHVHQWHORFDomRpGHVSURYLGDGHTXDOTXHUGDVJDUDQWLDV
SUHYLVWDV QR DUW  GD /HL  GHYHQGR R DYLVR FRQVWDU GD
FLWDomR LQLFLDO SHUPDQHFHQGR XPD YLD GR PDQGDGR FRP R 6U 2ILFLDO


GH-XVWLoDTXHGHYHUiFXPSULORQRFDVRGHDXVrQFLDGHSXUJDomRGD
PRUD QR SUD]R GH TXLQ]H GLDV FRP D H[SHGLomR GH PDQGDGR GH
GHVSHMRFRPDVFOiXVXODVGHDUURPEDPHQWRHUHTXLVLomRGHIRUoDVH
QHFHVViULDHUHPRomRGRVEHQVSDUDGHSRVLWiULRFDVRRUpXQmRRV
TXHLUDUHWLUDU
$RILQDOUHTXHURDXWRUGLJQHVH9RVVD([FHOrQFLDGH
D MXOJDU SURFHGHQWH D DomR GHFODUDQGR D H[WLQomR GD UHODomR H[
ORFDWRGHFUHWDQGRRXFRQILUPDQGRRGHVSHMRGRUpX
E FRQGHQDU R UpX DR SDJDPHQWR GR GpELWR FRPSRVWR SHORV
DOXJXHUHV H HQFDUJRV DFUHVFLGRV GH PXOWDV H FRUUHo}HV DWp R
PRPHQWR HIHWLYR GD GHVRFXSDomR QRV WHUPRV GR DUW  , GD /HL
 DOpP GH FXVWDV SURFHVVXDLV H KRQRUiULRV GH DGYRJDGR
GHYHQGRVH SURFHGHU j FREUDQoD QRV PHVPRV DXWRV GD DomR GH
GHVSHMRIDFXOWDQGRVHDFREUDQoDDQWHVGDGHVRFXSDomRGRLPyYHO
$XGLrQFLDGH&RQFLOLDomR
1RV WHUPRV GR DUW  † ž GR &yGLJR GH 3URFHVVR &LYLO R DXWRU
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR R DXWRU GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH


 7HUPRVHPTXH
3HGHGHIHULPHQWR
/RFDOHGDWD
1RPHGRDGYRJDGRHQ~PHURGHLQVFULomRQD2$%

13.33.DESPEJO PARA REPAROS URGENTES

([PRD6UD'UD-XL]DGH'LUHLWRGD

SRUVHXVSURFXUDGRUHVGRFXPHQWRFRPHVFULWyULRQD
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omRGHGHVSHMRFRPSHGLGRGHOLPLQDU
RTXHID]FRPVXSHGkQHRQRVDUWLJRVž,9,H†ž9,GD
/HL  H SHODV UD]}HV GH IDWR H GH GLUHLWR TXH D VHJXLU
DUWLFXODGDPHQWHSDVVDDDGX]LU
$DXWRUDQRGLDORFRXDRUpXRLPyYHOUHVLGHQFLDOORFDOL]DGRQD
5XDSRUFRQWUDWRHVFULWRFRPSUD]RGHWULQWDPHVHVTXHVH
HQFRQWUDSURUURJDGRSRUSUD]RLQGHWHUPLQDGRGRFXPHQWR
2DOXJXHODWXDOFRUUHVSRQGHD5PHQVDLV
$ DXWRUD p SURSULHWiULD GR LPyYHO FRQIRUPH SURYD D FySLD GD
PDWUtFXOD DQH[D GRFXPHQWR  &XPSULGD SRUWDQWR D H[LJrQFLD GR
DUWGD/HL
2FRUUHTXHQR~OWLPRGLDDDXWRUDIRLLQWLPDGDSHODDXWRULGDGH
DGPLQLVWUDWLYD FRPSHWHQWH GRFXPHQWR  SDUD UHDOL]DU REUDV
XUJHQWHV QR LPyYHO H TXH FRQVLVWHP HP VXEVWLWXLomR GR WHOKDGR
VXEVWLWXLomR HVVD TXH H[LJH D GHVRFXSDomR GR LPyYHO SHOR UpX
FRQIRUPH SURYD R ODXGR DVVLQDGR SHOD HPSUHVD FRQWUDWDGD SDUD
HIHWXDURVHUYLoRGRFXPHQWR
$V UHIHULGDV REUDV VmR XUJHQWHV PRUPHQWH DQWH D DPHDoD GH
GHVDEDPHQWR(QWUHWDQWRDSHVDUGHDYLVDGRGRFXPHQWRRUpXVH
UHFXVDDGHVRFXSDURLPyYHOSDUDTXHVHFXPSUDDLQWLPDomRGDQGR
VHLQtFLRjVREUDV
&XPSUHREVHUYDUTXHKiJUDYHULVFRGHGDQRVjLQWHJULGDGHItVLFDH


j VD~GH GRV RFXSDQWHV DOpP GD DXWRUD HVWDU VXMHLWD D VHYHUDV
VDQo}HVDGPLQLVWUDWLYDV
3HGLGRGHOLPLQDU
1RV WHUPRV GR DUW  † ž 9, GD /HL  UHTXHUVH D
FRQFHVVmRGHGHVRFXSDomROLPLQDUQRSUD]RGHTXLQ]HGLDVGHYHQGR
R DYLVR FRQVWDU GD FLWDomR LQLFLDO FRP D H[SHGLomR GH PDQGDGR GH
GHVSHMRFRPDVFOiXVXODVGHDUURPEDPHQWRHUHTXLVLomRGHIRUoDVH
QHFHVViULDHUHPRomRGRVEHQVSDUDGHSRVLWiULRFDVRRUpXQmRRV
TXHLUDUHWLUDU
1D HYHQWXDOLGDGH GH QmR VHU DWHQGLGR GH LPHGLDWR R SHGLGR GD
DXWRUDQRTXHWDQJHjOLPLQDUUHTXHUVHMDRPHVPRSHGLGRUHDYDOLDGR
DSyV D UHVSRVWD GR UpX TXDQGR QmR UHVWDUi TXDOTXHU G~YLGD TXDQWR
jVDOHJDo}HVDTXLDGX]LGDV
&LWDomRHSHGLGRGHPpULWR
,VWRSRVWRUHTXHUDDXWRUD
DVHMDRUpXFLWDGRSRULQWHUPpGLRGR6URILFLDOGHMXVWLoDRXSRU
YLD SRVWDO VH DXWRUL]DGR QR FRQWUDWR FRP RV SHUPLVVLYRV GR DUWLJR
 † ž GR &yGLJR GH 3URFHVVR &LYLO SDUD TXH QR SUD]R GD OHL
RIHUHoD D GHIHVD TXH WLYHU VRE SHQD GH DSOLFDUOKH RV HIHLWRV GD
UHYHOLD
EDFLrQFLDGDSUHVHQWHDHYHQWXDLVRFXSDQWHVHVXEORFDWiULRVDUW
†žGD/HL
([SRVLWLVUHTXHUDLQGDGLJQHVH9RVVD([FHOrQFLDGH
-XOJDUDRILQDOSURFHGHQWHDDomRGHFODUDQGRH[WLQWDDUHODomRH[
ORFDWR GHFUHWDQGR R GHVSHMR FRP D FRQGHQDomR GR UpX QR
SDJDPHQWRGHFXVWDVSURFHVVXDLVHKRQRUiULRVGHDGYRJDGR
$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLODDXWRUD
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR


FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR D DXWRUD GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.34.DESPEJO POR EXTINÇÃO DO CONTRATO DE TRABALHO

([PRD6UD'UD-XL]DGH'LUHLWRGD

SRUVHXVSURFXUDGRUHVGRFXPHQWRVHFRPHVFULWyULRQD
RQGHUHFHEHUmRLQWLPDo}HVYHPUHVSHLWRVDPHQWHSHUDQWH9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omRGHGHVSHMRFRPSHGLGROLPLQDU
R TXH ID] FRP VXSHGkQHR QRV DUWLJRV  ,, H  † ž ,, GD /HL
 H SHODV UD]}HV GH IDWR H GH GLUHLWR TXH D VHJXLU
DUWLFXODGDPHQWHSDVVDDDGX]LU
$ DXWRUD ORFRX DR UpX QR GLD  SRU FRQWUDWR HVFULWR GRFXPHQWR
 SHOR SUD]R GH GXUDomR GR FRQWUDWR GH WUDEDOKR HQWUH D DXWRUD H
UpXGRFXPHQWRRLPyYHOORFDOL]DGRQD
$ ORFDomR HQWUH DV SDUWHV IRL FHOHEUDGD VRPHQWH HP YLUWXGH GR


FRQWUDWR GH WUDEDOKR HQWmR H[LVWHQWH GRFXPHQWR  R TXH FRQVWRX
H[SUHVVDPHQWH GD FOiXVXOD  GR FRQWUDWR GH ORFDomR HVWDQGR
SRUWDQWRDHOHUHODFLRQDGR
2FRUUH TXH R UHIHULGR FRQWUDWR GH WUDEDOKR IRL H[WLQWR FRQIRUPH
SURYDRGRFXPHQWRDQH[RGRFXPHQWRQmRH[LVWLQGRPDLVHQWUHDV
SDUWHVTXDOTXHUYtQFXORGHQDWXUH]DWUDEDOKLVWD
1RPRPHQWRGDGLVVROXomRGRSDFWRODERUDOSHUFHELDRUpXDWtWXOR
GHVDOiULRRYDORUGH5PHQVDLV
1DGD REVWDQWH D H[WLQomR GR FRQWUDWR GH WUDEDOKR R UpX YHP VH
UHFXVDQGR D GHVRFXSDU R LPyYHO TXH OKH IRUD ORFDGR HP YLUWXGH GR
FRQWUDWR GH WUDEDOKR LVVR DSHVDU GRV LQVLVWHQWHV DSHORV TXH Mi OKH
GLULJLXDDXWRUD
$VVLP QmR UHVWRX DOWHUQDWLYD j DXWRUD VHQmR LQJUHVVDU FRP D
SUHVHQWHDomR
&LWDomRHSHGLGR
,VWRSRVWRUHTXHUDDXWRUD
DVHMDFRQFHGLGDGHVRFXSDomROLPLQDUGRLPyYHOFRPSUD]RGH
GLDV LQGHSHQGHQWHPHQWH GD RLWLYD GR UpX GHIHULQGR R GHSyVLWR
MXGLFLDODWtWXORGHFDXomRGHWUrVDOXJXpLVQRVWHUPRVGR†žGR
DUWGD/HL
EVHMDRUpXFLWDGRSRULQWHUPpGLRGR6URILFLDOGHMXVWLoDFRPRV
SHUPLVVLYRV GR DUWLJR  † ž GR &yGLJR GH 3URFHVVR &LYLO SDUD
TXHQRSUD]RGDOHLRIHUHoDDGHIHVDTXHWLYHUVRESHQDGHDSOLFDU
OKH RV HIHLWRV GD UHYHOLD FRPXQLFDQGROKH LQFOXVLYH D OLPLQDU
FRQFHGLGD LQWLPDQGRR GR SUD]R GH  GLDV SDUD GHVRFXSDomR
YROXQWiULD/HLDUW
FDFLrQFLDGDSUHVHQWHDHYHQWXDLVRFXSDQWHVHVXEORFDWiULRVDUW
†žGD/HL
([SRVLWLVUHTXHUDLQGDGLJQHVH9RVVD([FHOrQFLDGH
-XOJDUDRILQDOSURFHGHQWHDDomRGHFODUDQGRH[WLQWDDUHODomRH[
ORFDWRFRQILUPDQGRDOLPLQDUGHFUHWDQGRHPGHILQLWLYRRGHVSHMRFRP
D FRQGHQDomR GR UpX QR SDJDPHQWR GH FXVWDV SURFHVVXDLV H
KRQRUiULRVGHDGYRJDGR


 $XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLODDXWRUD
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR D DXWRUD GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmRFDVRRUpXQmRFRPSDUHoDRXFRPSDUHFHQGRVHQHJXHD
GHSRUDUW†žGR&yGLJRGH3URFHVVR&LYLO
9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5WUrVVDOiULRV
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.35.DESPEJO PARA USO PRÓPRIO

([PRD6UD'UD-XL]DGH'LUHLWRGD

SRUVHXVSURFXUDGRUHVGRFXPHQWRFRPHVFULWyULRQD
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omRGHGHVSHMR
R TXH ID] FRP VXSHGkQHR QR DUWLJR  ,,, GD /HL  H


SHODVUD]}HVGHIDWRHGHGLUHLWRTXHDVHJXLUDUWLFXODGDPHQWHSDVVD
DDGX]LU
$DXWRUDQRGLDORFRXDRUpXRLPyYHOUHVLGHQFLDOORFDOL]DGRQD
5XDSRUFRQWUDWRHVFULWRFRPSUD]RGHWULQWDPHVHVTXHVH
HQFRQWUDSURUURJDGRSRUSUD]RLQGHWHUPLQDGRGRFXPHQWR
2DOXJXHODWXDOFRUUHVSRQGHD5PHQVDLV
$ DXWRUD p SURSULHWiULD GR LPyYHO FRQIRUPH SURYD D FySLD GD
PDWUtFXODDQH[DGRFXPHQWR&XPSULGDSRUWDQWRDH[LJrQFLDGR†
žGRDUWGD/HL
2FRUUH TXH D DXWRUD QHFHVVLWD GR LPyYHO SDUD LQVWDODU VXD
UHVLGrQFLD PRUPHQWH TXH UHVLGH DWXDOPHQWH HP SUpGLR DOKHLR
GRFXPHQWRVHQGRDSULPHLUDYH]TXHH[HUFHRGLUHLWRjUHWRPDGD
DUW†ž
$GFDXWHODPRUpXIRLQRWLILFDGRSDUDGHVRFXSDURLPyYHOQRSUD]R
GHWULQWDGLDVGRFXPHQWRVHPTXHWLYHVVHDWHQGLGRDRDYLVR
$VVLP QmR UHVWRX DOWHUQDWLYD j DXWRUD VHQmR LQJUHVVDU FRP D
SUHVHQWHDomR
&LWDomRHSHGLGR
,VWRSRVWRUHTXHUDDXWRUD
DVHMDRUpXFLWDGRSRULQWHUPpGLRGR6URILFLDOGHMXVWLoDRXSRU
YLD SRVWDO VH DXWRUL]DGR QR FRQWUDWR FRP RV SHUPLVVLYRV GR DUWLJR
 † ž GR &yGLJR GH 3URFHVVR &LYLO SDUD TXH QR SUD]R GD OHL
RIHUHoD D GHIHVD TXH WLYHU VRE SHQD GH DSOLFDUOKH RV HIHLWRV GD
UHYHOLDRXPDQLIHVWHVXDFRQFRUGkQFLDFRPDGHVRFXSDomRGRLPyYHO
QRVWHUPRVGRDUWGD/HL
EDFLrQFLDGDSUHVHQWHDHYHQWXDLVRFXSDQWHVHVXEORFDWiULRVDUW
†žGD/HL
([SRVLWLVUHTXHUDLQGDGLJQHVH9RVVD([FHOrQFLDGH
-XOJDUDRILQDOSURFHGHQWHDDomRGHFODUDQGRH[WLQWDDUHODomRH[
ORFDWR GHFUHWDQGR R GHVSHMR FRP D FRQGHQDomR GR UpX QR
SDJDPHQWRGHFXVWDVSURFHVVXDLVHKRQRUiULRVGHDGYRJDGR
$XGLrQFLDGH&RQFLOLDomR


 1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLODDXWRUD
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR D DXWRUD GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.36.DESPEJO PARA USO PRÓPRIO NO JUIZADO ESPECIAL

([PRD 6UD 'UD -XL]D GH 'LUHLWR GR -XL]DGR (VSHFLDO

&tYHO
SRUVHXVSURFXUDGRUHVGRFXPHQWRFRPHVFULWyULRQD
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omRGHGHVSHMR
R TXH ID] FRP VXSHGkQHR QR DUWLJR  ,,, GD /HL 


FXPXODGR FRP R DUWLJR ž ,,, GD /HL  H SHODV UD]}HV GH
IDWRHGHGLUHLWRTXHDVHJXLUDUWLFXODGDPHQWHSDVVDDDGX]LU
1RGLDDDXWRUDORFRXDRUpXRLPyYHOUHVLGHQFLDOORFDOL]DGRQD
SRUFRQWUDWRHVFULWRFRPSUD]RGHYLQWHHTXDWURPHVHVTXH
VHHQFRQWUDSURUURJDGRSRUSUD]RLQGHWHUPLQDGRGRFXPHQWR
2DOXJXHODWXDOFRUUHVSRQGHD5PHQVDLV
$ DXWRUD p SURSULHWiULD GR LPyYHO FRQIRUPH SURYD D FySLD GD
PDWUtFXODDQH[DGRFXPHQWRFXPSULGDSRUWDQWRDH[LJrQFLDGR†
žGRDUWGD/HL
2FRUUH TXH QHFHVVLWD GR LPyYHO SDUD LQVWDODU VXD UHVLGrQFLD
PRUPHQWH TXH UHVLGH DWXDOPHQWH HP SUpGLR DOKHLR FRQWUDWR GH
ORFDomR±GRFXPHQWRVHQGRDSULPHLUDYH]TXHH[HUFHRGLUHLWRj
UHWRPDGDDUW†žGD/HL
$GFDXWHODPRUpXIRLQRWLILFDGRSDUDGHVRFXSDURLPyYHOQRSUD]R
GHWULQWDGLDVGRFXPHQWRVHPTXHWLYHVVHDWHQGLGRDRDYLVR
$VVLP QmR UHVWRX DOWHUQDWLYD j DXWRUD VHQmR LQJUHVVDU FRP D
SUHVHQWHDomR
&LWDomRHSHGLGR
,VWRSRVWRUHTXHUDDXWRUD
DVHMDRUpXFLWDGRSDUDTXHFRPSDUHoDjDXGLrQFLDGHFRQFLOLDomR
TXHIRUGHVLJQDGDRQGHSRGHUiDSUHVHQWDUFRQWHVWDomRHSURYDVVRE
SHQD GH DSOLFDUOKH RV HIHLWRV GD UHYHOLD /HL  DUW  RX
PDQLIHVWDU VXD FRQFRUGkQFLD FRP D GHVRFXSDomR GR LPyYHO QRV
WHUPRVGRDUWGD/HL
EDFLrQFLDGDSUHVHQWHDHYHQWXDLVRFXSDQWHVHVXEORFDWiULRVDUW
†žGD/HL
([SRVLWLVUHTXHUDLQGDGLJQHVH9RVVD([FHOrQFLDGH
-XOJDUDRILQDOHPDXGLrQFLDGHLQVWUXomRHMXOJDPHQWRSURFHGHQWH
DDomRGHFODUDQGRH[WLQWDDUHODomRH[ORFDWRGHFUHWDQGRRGHVSHMR
FRP D FRQGHQDomR GR UpX QR SDJDPHQWR GH FXVWDV SURFHVVXDLV
KRQRUiULRVGHDGYRJDGRHPXOWDGLiULDGH5FDVRQmRGHVRFXSH
R LPyYHO QR SUD]R GHWHUPLQDGR QD VHQWHQoD /HL  DUW 
9


 3URYDV
3URWHVWDSRUSURYDURDOHJDGRSRUPHLRGHWRGRVRVPHLRVGHSURYD
HP GLUHLWR DGPLWLGRV HVSHFLDOPHQWH SRU GRFXPHQWRV RLWLYD GH
WHVWHPXQKDVDEDL[RDUURODGDVTXHGHVGHMiVHUHTXHUVXDLQWLPDomR
DOpPGRGHSRLPHQWRSHVVRDOGRUpXVRESHQDGHFRQILVVmR
9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%
7HVWHPXQKDV


13.37.AÇÃO DE DESPEJO PARA DEMOLIÇÃO OU EDIFICAÇÃO

LICENCIADA

([PRD6UD'UD-XL]DGH'LUHLWRGD

SRUVHXVSURFXUDGRUHVGRFXPHQWRFRPHVFULWyULRQD
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omRGHGHVSHMR
R TXH ID] FRP VXSHGkQHR QR DUWLJR  ,9 GD /HL  H
SHODVUD]}HVGHIDWRHGHGLUHLWRTXHDVHJXLUDUWLFXODGDPHQWHSDVVD
DDGX]LU
$DXWRUDQRGLDORFRXDRUpXRLPyYHOUHVLGHQFLDOORFDOL]DGRQD
5XDSRUFRQWUDWRHVFULWRFRPSUD]RGHYLQWHHTXDWURPHVHV
TXHVHHQFRQWUDSURUURJDGRSRUSUD]RLQGHWHUPLQDGRGRFXPHQWR
2DOXJXHODWXDOFRUUHVSRQGHD5PHQVDLV
$ DXWRUD p SURSULHWiULD GR LPyYHO FRQIRUPH SURYD D FySLD GD
PDWUtFXODDQH[DGRFXPHQWR&XPSULGDSRUWDQWRDH[LJrQFLDGR†
žGRDUWGD/HL


 $ DWXDO iUHD FRQVWUXtGD FRQIRUPH SURYD D GHVFULomR GR LPyYHO
FRQWLGDQDPDWUtFXODFRUUHVSRQGHDP
2FRUUHTXHDDXWRUDQHFHVVLWDGRLPyYHOSDUDUHDOL]DomRGHREUDV
DFRUGHFRPRSURMHWRDSURYDGRSHORyUJmRDGPLQLVWUDWLYRFRPSHWHQWH
GRFXPHQWR  TXH DXPHQWDUi D iUHD FRQVWUXtGD SDUD  P
VXSODQWDQGR R PtQLPR OHJDO GH  GR LQFLVR ,9 GR DUW  GD /HL

2DOYDUiSDUDLQtFLRGDVREUDVMiIRLH[SHGLGRGRFXPHQWR
$GFDXWHODPRUpXIRLQRWLILFDGRSDUDGHVRFXSDURLPyYHOQRSUD]R
GHWULQWDGLDVGRFXPHQWRVHPTXHWLYHVVHDWHQGLGRDRDYLVR
$VVLP QmR UHVWRX DOWHUQDWLYD j DXWRUD VHQmR LQJUHVVDU FRP D
SUHVHQWHDomR
&LWDomRHSHGLGR
,VWRSRVWRUHTXHUDDXWRUD
D VHMD R UpX FLWDGR SRU LQWHUPpGLR GR VU RILFLDO GH MXVWLoD RX SRU
YLD SRVWDO VH DXWRUL]DGR QR FRQWUDWR FRP RV SHUPLVVLYRV GR DUWLJR
 † ž GR &yGLJR GH 3URFHVVR &LYLO SDUD TXH QR SUD]R GD OHL
RIHUHoD D GHIHVD TXH WLYHU VRE SHQD GH DSOLFDUOKH RV HIHLWRV GD
UHYHOLDRXPDQLIHVWHVXDFRQFRUGkQFLDFRPDGHVRFXSDomRGRLPyYHO
QRVWHUPRVGRDUWGD/HL
EDFLrQFLDGDSUHVHQWHDHYHQWXDLVRFXSDQWHVHVXEORFDWiULRVDUW
†žGD/HL
([SRVLWLVUHTXHUDLQGDGLJQHVH9RVVD([FHOrQFLDGH
-XOJDUDRILQDOSURFHGHQWHDDomRGHFODUDQGRH[WLQWDDUHODomRH[
ORFDWR GHFUHWDQGR R GHVSHMR FRP D FRQGHQDomR GR UpX QR
SDJDPHQWRGHFXVWDVSURFHVVXDLVHKRQRUiULRVGHDGYRJDGR
$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLODDXWRUD
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR


FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR D DXWRUD GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.38.AÇÃO DE DESPEJO NAS LOCAÇÕES DE HOSPITAIS, ESCOLAS,

ASILOS E ENTIDADES RELIGIOSAS

([PRD6UD'UD-XL]DGH'LUHLWRGD

SRUVHXVSURFXUDGRUHVGRFXPHQWRFRPHVFULWyULRQD
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDDIRUDUHPIDFHGDDFRPSHWHQWH
$omRGHGHVSHMR
R TXH ID] FRP VXSHGkQHR QRV DUWLJRV  H  †† ž H ž GD /HL
 H SHODV UD]}HV GH IDWR H GH GLUHLWR TXH D VHJXLU
DUWLFXODGDPHQWHSDVVDDDGX]LU
$DXWRUDQRGLDORFRXjUpRLPyYHOORFDOL]DGRQD5XDSRU
FRQWUDWR HVFULWR FRP SUD]R GH  YLQWH H TXDWUR PHVHV TXH VH
HQFRQWUDSURUURJDGRSRUSUD]RLQGHWHUPLQDGRGRFXPHQWR


 2DOXJXHODWXDOFRUUHVSRQGHD5PHQVDLV
$ DXWRUD p SURSULHWiULD GR LPyYHO FRQIRUPH SURYD D FySLD GD
PDWUtFXOD DQH[D GRFXPHQWR  &XPSULGD SRUWDQWR D H[LJrQFLD GR
DUWGD/HL
$ DWXDO iUHD FRQVWUXtGD GR SUpGLR ORFDGR FRQIRUPH SURYD D
GHVFULomRFRQWLGDQDPDWUtFXODFRUUHVSRQGHDP
&RQYpP UHVVDOWDU TXH D Up p HQWLGDGH GH HQVLQR DXWRUL]DGD H
ILVFDOL]DGDSHOR0LQLVWpULRGD(GXFDomRH&XOWXUD
2FRUUH TXH GHVHMDQGR WUDQVIRUPDU R LPyYHO D DXWRUD DSURYRX D
LQFOXVD SODQWD SDUD UHIRUPD H FRQVWUXomR GRFXPHQWR  TXH
DXPHQWDUi D iUHD FRQVWUXtGD SDUD  P VXSODQWDQGR R PtQLPR
OHJDOGHGRLQFLVR,,GRDUWGD/HL
2DOYDUiSDUDLQtFLRGDVREUDVMiIRLH[SHGLGRGRFXPHQWR
$GFDXWHODPDUpIRLQRWLILFDGDSDUDTXHVHHIHWLYDVVHDFRUGRSDUD
DGHVRFXSDomRVHPTXHUHVSRQGHVVHDRDYLVR
2 DUW  LQFLVR ,, GD /HL  IDFXOWD DR SURSULHWiULR D
UHWRPDGD GR SUpGLR ORFDGR TXDQGR R IDoD SDUD UHIRUPDV H
FRQVWUXo}HVTXHDFUHVoDPQRPtQLPRFLQTXHQWDSRUFHQWRGH
iUHD~WLOFRQGLomRDWHQGLGDSHODDXWRUD
$VVLPQmRUHVWRXDOWHUQDWLYDVHQmRLQJUHVVDUFRPDSUHVHQWHDomR
&LWDomRHSHGLGR
,VWRSRVWRUHTXHUDDXWRUD
DVHMDRUpXFLWDGRSRULQWHUPpGLRGR6URILFLDOGHMXVWLoDRXSRU
YLD SRVWDO VH DXWRUL]DGR QR FRQWUDWR FRP RV SHUPLVVLYRV GR DUWLJR
 † ž GR &yGLJR GH 3URFHVVR &LYLO SDUD TXH QR SUD]R GD OHL
RIHUHoD D GHIHVD TXH WLYHU VRE SHQD GH DSOLFDUOKH RV HIHLWRV GD
UHYHOLD
EDFLrQFLDGDSUHVHQWHDHYHQWXDLVRFXSDQWHVHVXEORFDWiULRVDUW
†žGD/HL
([SRVLWLVUHTXHUDLQGDGLJQHVH9RVVD([FHOrQFLDGH
-XOJDUDRILQDOSURFHGHQWHDDomRGHFODUDQGRH[WLQWDDUHODomRH[
ORFDWR GHFUHWDQGR R GHVSHMR FRP D FRQGHQDomR GR UpX QR
SDJDPHQWRGHFXVWDVSURFHVVXDLVHKRQRUiULRVGHDGYRJDGR


 $XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLODDXWRUD
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR D DXWRUD GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.39.AÇÃO DE DESPEJO EM VIRTUDE DA PERMANÊNCIA DE

PESSOAS NÃO AUTORIZADAS APÓS A MORTE DO LOCATÁRIO

([PRD6UD'UD-XL]DGH'LUHLWRGD

SRUVHXVSURFXUDGRUHVGRFXPHQWRVHFRPHVFULWyULRQD
RQGHUHFHEHUmRLQWLPDo}HVYHPUHVSHLWRVDPHQWHSHUDQWH9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omRGHGHVSHMRFRPSHGLGROLPLQDU


 R TXH ID] FRP VXSHGkQHR QRV DUWLJRV  , H  † ž ,9 GD /HL
 H SHODV UD]}HV GH IDWR H GH GLUHLWR TXH D VHJXLU
DUWLFXODGDPHQWHSDVVDDDGX]LU
,±)DWRV
$DXWRUDGHXHPORFDomRj6UDRLPyYHOGD5XDPHGLDQWH
FRQWUDWRHVFULWRGRFXPHQWRFRPSUD]RGHPHVHVLQLFLDQGRHP
SHORDOXJXHOLQLFLDOGH5GHVWLQDQGRVHDILQVUHVLGHQFLDLV
2DOXJXHOPHQVDODWXDOpGH5FDEHQGRDLQGDjORFDWiULDR
SDJDPHQWRGRVHQFDUJRVGHVFULWRVQRFRQWUDWR
2FRUUH TXH QR GLD  IDOHFHX D 6UD  FRQIRUPH VH FRPSURYD
SHOD&HUWLGmRGHÏELWRDQH[DGRFXPHQWR
2XWURVVLP D DXWRUD LPDJLQDQGR UHVLGLU QR LPyYHO DSHQDV D
ORFDWiULD IDOHFLGD GLOLJHQFLRX QR HQGHUHoR VXSUD FRP R LQWXLWR GH
YHULILFDUDVFRQGLo}HVGRSUpGLRSDUDHQWmRUHTXHUHUMXGLFLDOPHQWHD
LPLVVmRQDSRVVH
(QWUHWDQWRVXUSUHHQGHQWHPHQWHFRQVWDWRXTXHOiSHUPDQHFHDUp
RFXSDQGR XP GRV F{PRGRV H[WHUQRV GD FDVD GL]HQGRVH DPLJD GD
IDOHFLGD ORFDWiULD WUDWDQGRVH SRUWDQWR GH SHVVRD QmR DXWRUL]DGD
SHODDXWRUDHSHODOHL
5HVVDOWHVH SRUTXDQWR QHFHVViULR TXH R FRQWUDWR p FODUR HP VXD
FOiXVXODTXDQWRjSURLELomRGHVXEORFDomRHHPSUpVWLPRGRLPyYHO
QmR WHQGR WDPSRXFR D DXWRUD DXWRUL]DGR SRVWHULRUPHQWH TXDOTXHU
HVSpFLHGHFHVVmRVXEORFDomRRXFRPRGDWR
,,±'LUHLWR
(P VH WUDWDQGR GH SHVVRD QmR DXWRUL]DGD TXH SHUPDQHFH QR
LPyYHODSyVDPRUWHGD/RFDWiULDGHDFRUGRFRPRDUWLJRLQFLVR,
GD /HL  p FDEtYHO D FRQFHVVmR GH PHGLGD OLPLQDU VHP
DXGLrQFLDGDUpSDUDDGHVRFXSDomRHPTXLQ]HGLDVQDIRUPDGRTXH
GLVS}HRDUWLJR†žLQFLVR,9GD/HL
,,,±&LWDomRHSHGLGR
'RH[SRVWRUHTXHUDDXWRUD
D FRQFHVVmR GH OLPLQDU LQGHSHQGHQWHPHQWH GD DXGLrQFLD GD Up


SDUDGHVRFXSDomRHPTXLQ]HGLDVH[YL GR DUWLJR  † ž LQFLVR ,9
GD /HL  &RQFHGLGD D OLPLQDU SURWHVWD D DXWRUD SHOD
SUHVWDomR GD FDXomR QR YDORU HTXLYDOHQWH D WUrV PHVHV GH DOXJXHO
5ODYUDQGRVHDVHJXLURUHVSHFWLYRWHUPRSDUDTXHVHH[HFXWH
DOLPLQDUQDIRUPDGDOHL
E VHMD D Up FLWDGD DWUDYpV GR 6U RILFLDO GH MXVWLoD SDUD TXH QR
SUD]R GD OHL RIHUHoD D GHIHVD TXH WLYHU VRE SHQD GH UHYHOLD
LQWLPDQGRD GR SUD]R GH  GLDV SDUD GHVRFXSDomR YROXQWiULD /HL
DUWVHQGRMXOJDGRSURFHGHQWHRSHGLGRFRQILUPDQGR
VH D OLPLQDU FRQFHGLGD GHFUHWDQGRVH HP GHILQLWLYR R GHVSHMR
DXWRUL]DQGRROHYDQWDPHQWRGDFDXomRSHORDXWRUHFRQGHQDQGRDUp
QR SDJDPHQWR GDV FXVWDV SURFHVVXDLV H KRQRUiULRV GH DGYRJDGR GD
DXWRUD
5HTXHUDLQGDTXH9RVVD([FHOrQFLDGHWHUPLQHTXHR6URILFLDOGH
MXVWLoD GLOLJHQFLH FRP DV IDFXOGDGHV DWULEXtGDV SHORV †† ž H ž GR
DUWLJRGR&yGLJRGH3URFHVVR&LYLO
,9±$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLODDXWRUD
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR D DXWRUD GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
9±3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR D Up RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO


 9,±9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.40.AÇÃO DE DESPEJO EM VIRTUDE DE CONTRATO DE LOCAÇÃO

SEM VÊNIA CONJUGAL, POR PRAZO SUPERIOR A DEZ ANOS

([PR6U'U-XL]GH'LUHLWRGD
SRUVHXVSURFXUDGRUHVGRFXPHQWRFRPHVFULWyULRQD
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omRGHGHVSHMR
R TXH ID] FRP VXSHGkQHR QR DUWLJR ž GD /HL  H DUW
GR&yGLJR&LYLOH[SRQGRHUHTXHUHQGRRTXDQWRVHJXH
$DXWRUDpFDVDGDFRPSHORUHJLPHGHFRPXQKmRXQLYHUVDOGH
EHQVGHVGHFHUWLGmRGHFDVDPHQWRDQH[D±GRFXPHQWR
'XUDQWHRFDVDPHQWRQRGLDDGTXLULUDPRLPyYHOORFDOL]DGRQD
FRQIRUPHSURYDFySLDDXWHQWLFDGDGDPDWUtFXODMXQWRDR2ILFLDOGH
5HJLVWURGH,PyYHLVGRFXPHQWR
(QWUHWDQWR QR GLD  R PDULGR GD DXWRUD ORFRX DR UpX R
DSDUWDPHQWRUHIHULGRQRSDUiJUDIRDQWHULRUSHORDOXJXHOPHQVDODWXDO
GH 5  H SUD]R GH  GR]H DQRV FRQIRUPH LQFOXVD FHUWLGmR
IRUQHFLGD SHOR ž RILFLDO GH 5HJLVWUR GH 7tWXORV H 'RFXPHQWRV GD
&DSLWDOGRFXPHQWR
2FRUUHTXHRPDULGRGDDXWRUDQmRSRGHULDWHUORFDGRRLPyYHOSRU
SUD]R VXSHULRU D  GH] DQRV VHP D QHFHVViULD YrQLD FRQMXJDO
FRQIRUPHGLVS}HRDUWžGD/HL
3RUWDQWR GR DWR MXUtGLFR SUDWLFDGR p SRVVtYHO LQIHULU TXH R SUD]R
H[FHGHQWH D QRYH DQRV RQ]H PHVHV H YLQWH H QRYH GLDV QmR WHP
TXDOTXHUHILFiFLDMXUtGLFD


 1HVVHVHQWLGRDDXWRUDQRWLILFRXRUpXQR~OWLPRGLDGHGH]HPEUR
SDUDTXHGHVRFXSDVVHRLPyYHOQRSUD]RGHWULQWDGLDVVHPTXH
WLYHVVHVLGRDWHQGLGDGRFXPHQWR
1D OLomR GH )UDQFLVFR &DUORV 5RFKD GH %DUURV GXDV KLSyWHVHV
SRGHP RFRUUHU $ SULPHLUD DXVrQFLD GH DVVHQWLPHQWR GR F{QMXJH GR
ORFDGRUQHVVHFDVRRF{QMXJHTXHQmRDVVHQWLXSRUHVWDUOHJDOPHQWH
GHVREULJDGR GH REVHUYDU R SUD]R H[FHGHQWH SRGHUi FRQVLGHUDU
GHVIHLWDDORFDomRHUHTXHUHUDUHWRPDGDGRSUpGLR
$VVLP QmR UHVWRX DOWHUQDWLYD j DXWRUD VHQmR LQJUHVVDU FRP D
SUHVHQWHDomRSDUDUHWRPDGDGRLPyYHO
&LWDomRHGRSHGLGR
,VWRSRVWRUHTXHUDDXWRUD
D VHMD R UpX FLWDGR SRU LQWHUPpGLR GR VU RILFLDO GH MXVWLoD RX SRU
YLD SRVWDO VH DXWRUL]DGR QR FRQWUDWR FRP RV SHUPLVVLYRV GR DUWLJR
 † ž GR &yGLJR GH 3URFHVVR &LYLO SDUD TXH QR SUD]R GD OHL
RIHUHoD D GHIHVD TXH WLYHU VRE SHQD GH DSOLFDUOKH RV HIHLWRV GD
UHYHOLD
EDFLrQFLDGDSUHVHQWHDHYHQWXDLVRFXSDQWHVHVXEORFDWiULRVDUW
†žGD/HL
([SRVLWLVUHTXHUDLQGDGLJQHVH9RVVD([FHOrQFLDGH
-XOJDUDRILQDOSURFHGHQWHDDomRGHFODUDQGRH[WLQWDDUHODomRH[
ORFDWR GHFUHWDQGR R GHVSHMR FRP D FRQGHQDomR GR UpX QR
SDJDPHQWRGHFXVWDVSURFHVVXDLVHKRQRUiULRVGHDGYRJDGR
$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLODDXWRUD
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR D DXWRUD GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR


 3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.41.AÇÃO DE DESPEJO POR DENÚNCIA VAZIA NAS LOCAÇÕES DE

IMÓVEIS RESIDENCIAIS

([PRD6UD'UD-XL]DGH'LUHLWRGD

SRUVHXVSURFXUDGRUHVGRFXPHQWRFRPHVFULWyULRQD
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omRGHGHVSHMR
R TXH ID] FRP VXSHGkQHR QR DUWLJR  GD /HL  H SHODV
UD]}HV GH IDWR H GH GLUHLWR TXH D VHJXLU DUWLFXODGDPHQWH SDVVD D
DGX]LU
$DXWRUDORFRXDRUpXRLPyYHOUHVLGHQFLDOORFDOL]DGRQD
2UHIHULGRLPyYHOIRLORFDGRQRSRUFRQWUDWRHVFULWRFRPSUD]R
GH  WULQWD PHVHV TXH VH HQFRQWUD SURUURJDGR SRU SUD]R
LQGHWHUPLQDGR
2DOXJXHODMXVWDGRHQWUHDVSDUWHVDWXDOPHQWHpHTXLYDOHQWHD5
PHQVDLV
2FRUUH TXH QmR FRQYLQGR PDLV j ORFDGRUD RUD DXWRUD PDQWHU D


ORFDomRQRWLILFRXRUpXQR~OWLPRGLDQRVWHUPRVGR†žGRDUW
GD/HLSDUDTXHGHVRFXSDVVHRLPyYHOQRSUD]RGH
GLDVTXHMiGHFRUUHXVHPTXHKRXYHVVHDWHQGLPHQWRGRDYLVR
$VVLP GHFRUULGR LQ DOELV R SUD]R SDUD GHVRFXSDomR QmR UHVWRX
DOWHUQDWLYDjDXWRUDVHQmRLQJUHVVDUFRPDSUHVHQWHDomR
&LWDomRHGRSHGLGR
,VWRSRVWRUHTXHUDDXWRUD
DVHMDRUpXFLWDGRSRULQWHUPpGLRGR6URILFLDOGHMXVWLoDRXSRU
YLD SRVWDO VH DXWRUL]DGR QR FRQWUDWR FRP RV SHUPLVVLYRV GR DUWLJR
 † ž GR &yGLJR GH 3URFHVVR &LYLO SDUD TXH QR SUD]R GD OHL
RIHUHoD D GHIHVD TXH WLYHU VRE SHQD GH DSOLFDUOKH RV HIHLWRV GD
UHYHOLDRXPDQLIHVWHVXDFRQFRUGkQFLDFRPDGHVRFXSDomRGRLPyYHO
QRVWHUPRVGRDUWGD/HL
EDFLrQFLDGDSUHVHQWHDHYHQWXDLVRFXSDQWHVHVXEORFDWiULRVDUW
†žGD/HL
([SRVLWLVUHTXHUDLQGDGLJQHVH9RVVD([FHOrQFLDGH
-XOJDUDRILQDOSURFHGHQWHDDomRGHFODUDQGRH[WLQWDDUHODomRH[
ORFDWR GHFUHWDQGR R GHVSHMR FRP D FRQGHQDomR GR UpX QR
SDJDPHQWRGHFXVWDVSURFHVVXDLVHKRQRUiULRVGHDGYRJDGR
$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLODDXWRUD
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR D DXWRUD GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO


WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.42.AÇÃO DE DESPEJO NA LOCAÇÃO NÃO RESIDENCIAL COM

PEDIDO DE LIMINAR

([PRD6UD'UD-XL]DGH'LUHLWRGD9DUD&tYHOGH

8UJHQWHUHTXHUDFRQFHVVmRGHOLPLQDU
 SRU VHXV SURFXUDGRUHV GRFXPHQWR  FRP HVFULWyULR QD 
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omRGHGHVSHMR
RTXHID]FRPVXSHGkQHRQRVDUWVH†ž9,,,GD/HL
GH  H SHODV UD]}HV GH IDWR H GH GLUHLWR TXH D VHJXLU
DUWLFXODGDPHQWHSDVVDDDGX]LU
$DXWRUDORFRXjUpRLPyYHOQmRUHVLGHQFLDOORFDOL]DGRQD5XD
2 UHIHULGR LPyYHO IRL ORFDGR j Up QR GLD  SRU FRQWUDWR HVFULWR
FRP SUD]R GH  PHVHV H VH HQFRQWUD SURUURJDGR SRU SUD]R
LQGHWHUPLQDGR
2DOXJXHODMXVWDGRHQWUHDVSDUWHVDWXDOPHQWHpHTXLYDOHQWHD5
PHQVDLV
2FRUUH TXH QmR FRQYLQGR PDLV j ORFDGRUD RUD DXWRUD PDQWHU D
ORFDomRQRWLILFRXDUpQR~OWLPRGLDQRVWHUPRVGRDUWGD/HL
 SDUD TXH GHVRFXSDVVH R LPyYHO QR SUD]R GH  TXH Mi


GHFRUUHXVHPTXHKRXYHVVHDWHQGLPHQWRGRDYLVR
$VVLP GHFRUULGR LQ DOELV R SUD]R SDUD GHVRFXSDomR QmR UHVWRX
DOWHUQDWLYDjDXWRUDVHQmRLQJUHVVDUFRPDSUHVHQWHDomR
&LWDomRHSHGLGR
,VWRSRVWRUHTXHUDDXWRUD
DVHMDDUpFLWDGDSRULQWHUPpGLRGR6U2ILFLDOGH-XVWLoDFRPRV
SHUPLVVLYRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLOSDUDTXH
QRSUD]RGDOHLRIHUHoDDGHIHVDTXHWLYHUVRESHQDGHDSOLFDUOKHRV
HIHLWRVGDUHYHOLD
EDFLrQFLDGDSUHVHQWHDRILDGRU6U
3HGLGRGHOLPLQDU
F1RVWHUPRVGRDUW†ž9,,,GD/HLUHTXHUVHD
FRQFHVVmRGHGHVRFXSDomROLPLQDUQRSUD]RGHTXLQ]HGLDV
([SRVLWLVUHTXHUDLQGDGLJQHVH9RVVD([FHOrQFLDGH
G-XOJDUDRILQDOSURFHGHQWHDDomRGHFODUDQGRH[WLQWDDUHODomR
H[ORFDWRGHFUHWDQGRRGHVSHMRFRPDFRQGHQDomRGDUpHVHXILDGRU
QRSDJDPHQWRGHFXVWDVSURFHVVXDLVHKRQRUiULRVGHDGYRJDGR
$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLODDXWRUD
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR D DXWRUD GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH


FRQILVVmR FDVR D Up RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH
3HGHGHIHULPHQWR
/RFDOHGDWD
$GYRJDGRHQ~PHURGHLQVFULomRQD2$%

13.43.AÇÃO DE DESPEJO POR EXTINÇÃO DO USUFRUTO

([PRD6UD'UD-XL]DGH'LUHLWRGD

SRUVHXVSURFXUDGRUHVGRFXPHQWRFRPHVFULWyULRQD
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omRGHGHVSHMR
RTXHID]FRPVXSHGkQHRQRDUWLJRžGD/HLHSHODV
UD]}HV GH IDWR H GH GLUHLWR TXH D VHJXLU DUWLFXODGDPHQWH SDVVD D
DGX]LU
$ DXWRUD p SURSULHWiULD GR LPyYHO ORFDOL]DGR QD  GR TXDO HUD
XVXIUXWXiULRRFRQIRUPHLQFOXVDFHUWLGmRGHyELWRGRFXPHQWR
2 UHIHULGR LPyYHO IRL ORFDGR DR UpX QR GLD  SHOR XVXIUXWXiULR
VHPDQXrQFLDGRDXWRUTXHQDpSRFDHUDQXSURSULHWiULRGRFXPHQWR

2DOXJXHODWXDODMXVWDGRHQWUHDVSDUWHVpGH5PHQVDLV
2FRUUHTXHDDXWRUDSURYLGHQFLRXRFDQFHODPHQWRGRXVXIUXWRMXQWR
DR RILFLDO GH 5HJLVWUR GH ,PyYHLV FRPSHWHQWH FRQIRUPH ID] SURYD D
FHUWLGmRDQH[DGRFXPHQWR
1mRFRQYLQGRPDQWHUDORFDomRDDXWRUDQRWLILFRXRUpXQDIRUPD
GRDUWLJRžSDUiJUDIR~QLFRGD/HLGHGHRXWXEURGH
SDUDTXHGHVRFXSDVVHRLPyYHOQRSUD]ROHJDOGHWULQWDGLDVVRE


SHQDGHDomRGHGHVSHMR
'HFRUULGRLQDOELVRSUD]RSDUDGHVRFXSDomRQmRUHVWRXDOWHUQDWLYD
jDXWRUDVHQmRLQJUHVVDUFRPDSUHVHQWHDomR
&LWDomRHGRSHGLGR
,VWRSRVWRUHTXHUDDXWRUD
D VHMD R UpX FLWDGR SRU LQWHUPpGLR GR VU RILFLDO GH MXVWLoD RX SRU
YLD SRVWDO VH DXWRUL]DGR QR FRQWUDWR FRP RV SHUPLVVLYRV GR DUWLJR
 † ž GR &yGLJR GH 3URFHVVR &LYLO SDUD TXH QR SUD]R GD OHL
RIHUHoD D GHIHVD TXH WLYHU VRE SHQD GH DSOLFDUOKH RV HIHLWRV GD
UHYHOLD
EDFLrQFLDGDSUHVHQWHDHYHQWXDLVRFXSDQWHVHVXEORFDWiULRVDUW
†žGD/HL
([SRVLWLVUHTXHUDLQGDGLJQHVH9RVVD([FHOrQFLDGH
-XOJDUDRILQDOSURFHGHQWHDDomRGHFODUDQGRH[WLQWDDUHODomRH[
ORFDWR GHFUHWDQGR R GHVSHMR FRP D FRQGHQDomR GR UpX QR
SDJDPHQWRGHFXVWDVSURFHVVXDLVHKRQRUiULRVGHDGYRJDGR
$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLODDXWRUD
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR D DXWRUD GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH


3URFHVVR&LYLO
9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.44.DESPEJO EM VIRTUDE DA ALIENAÇÃO DO IMÓVEL DURANTE A

LOCAÇÃO

([PRD6UD'UD-XL]DGH'LUHLWRGD

SRUVHXVSURFXUDGRUHVGRFXPHQWRVHFRPHVFULWyULRQD
RQGHUHFHEHUmRLQWLPDo}HVYHPUHVSHLWRVDPHQWHSHUDQWH9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omRGHGHVSHMR
R TXH ID] FRP VXSHGkQHR QR DUWLJR ž GD /HL  H SHODV
UD]}HV GH IDWR H GH GLUHLWR TXH D VHJXLU DUWLFXODGDPHQWH SDVVD D
DGX]LU
)DWRV
3RUHVFULWXUDS~EOLFDGHFLVmRFRPLQFRUSRUDomRGHEHQVFHOHEUDGD
QR GLD  GRFXPHQWR  GHYLGDPHQWH UHJLVWUDGD QD PDWUtFXOD GR
LPyYHO MXQWR DR  RItFLR GH 5HJLVWUR GH ,PyYHLV GD &DSLWDO QR GLD
GRFXPHQWRDDXWRUDWRUQRXVHSURSULHWiULDGRLPyYHOGDUXD

2 UHIHULGR LPyYHO HQFRQWUDVH ORFDGR DR UpX PHGLDQWH FRQWUDWR
HVFULWRFHOHEUDGRSHORWUDQVPLWHQWHWHQGRVHXLQtFLRQRGLDFRP
DOXJXHOPHQVDODWXDOGH5GRFXPHQWR
&RPR QmR FRQYpP PDQWHU D ORFDomR D DXWRUD QRWLILFRX
WHPSHVWLYDPHQWH R UpX QR GLD  GRFXPHQWR  SDUD TXH
GHVRFXSDVVHRLPyYHOQRSUD]ROHJDOGHQRYHQWDGLDV
(QWUHWDQWRRUHIHULGRSUD]RGHFRUUHXLQDOELVVHPTXHWHQKDRUpX


DWHQGLGRRDYLVR
,QFOXVLYH VRPHQWH SDUD LQIRUPDomR GR MXt]R R UpX QmR SDJD
DOXJXpLVHHQFDUJRVGHVGHTXHKRXYHDWUDQVPLVVmR$VVLPDDXWRUD
LQMXVWDPHQWHWHPTXHVXSRUWDUGHVSHVDVUHIHUHQWHVDRXVRGRLPyYHO
SHOR 5pX WDLV FRPR ,378V GHVSHVDV FRQGRPLQLDLV HWF TXH VHUmR
FREUDGDVSRVWHULRUPHQWHHPDomRSUySULD
9rVH SRUWDQWR TXH D VLWXDomR p H[WUHPDPHQWH GHVFRQIRUWiYHO H
LQtTXDID]HQGRVHPLVWHUDLPHGLDWDWXWHODMXULVGLFLRQDOSDUDTXHFHVVH
R ORFXSOHWDPHQWR LQGHYLGR GR UpX QmR REVWDQWH D FDXVD GH SHGLU GD
SUHVHQWHDomRFRPIXOFURQRDUWLJRžGD/HL
'LUHLWR
'HWHUPLQDRDUWLJRžGD/HL
$UW ž 6H R LPyYHO IRU DOLHQDGR GXUDQWH D ORFDomR R DGTXLUHQWH
SRGHUi GHQXQFLDU R FRQWUDWR FRP SUD]R GH QRYHQWD GLDV SDUD D
GHVRFXSDomR VDOYR VH D ORFDomR IRU SRU WHPSR GHWHUPLQDGR H R
FRQWUDWRFRQWLYHUFOiXVXODGHYLJrQFLDHPFDVRGHDOLHQDomRHHVWLYHU
DYHUEDGRMXQWRjPDWUtFXODGRLPyYHO
†ž
†ž$GHQ~QFLDGHYHUiVHUH[HUFLGDQRSUD]RGHGLDVFRQWDGRV
GR UHJLVWUR GD YHQGD RX GR FRPSURPLVVR SUHVXPLQGRVH DSyV HVWH
SUD]RDFRQFRUGkQFLDQDPDQXWHQomRGDORFDomR
(QVLQDDUHVSHLWR6\OYLR&DSDQHPDGH6RX]D
e LUUHOHYDQWH SDUD HIHLWR GD GHQ~QFLD D IRUPD GH DOLHQDomR TXH
SRGHVHURQHURVDRXJUDWXLWDSHORTXHHVWmROHJLWLPDGRVSDUDH[HUFr
OD R FRPSUDGRU SURPLVViULR FRPSUDGRU FHVVLRQiULR SURPLVViULR
FHVVLRQiULR SHUPXWDQWH DOpP GR FUHGRU TXH UHFHED R LPyYHO ORFDGR
HPGDomRHPSDJDPHQWR
&RQWLQXDRSUHFODURGRXWULQDGRU
3DUD TXH VH DSOLTXH D UHJUD GR DUWLJR ž VHUi HVVHQFLDO TXH D
DOLHQDomR GR LPyYHO ORFDGR VH RSHUH SRU DWRV LQWHU YLYRV WDO FRPR D
FRPSUD H YHQGD SURPHVVD GH FRPSUD H YHQGD GRDomR SHUPXWD
GDomR HP SDJDPHQWR LQFRUSRUDomR DR FDSLWDO GD VRFLHGDGH IXVmR
FLVmR


 &RPUHODomRDR†žHVFODUHFH
&RPHWHX R OHJLVODGRU XP JUDYH HUUR GH UHGDomR TXH SRGHUi
DFDUUHWDU SHUSOH[LGDGHV DR LQWpUSUHWH DR DOXGLU QR † ž GR DUWLJR ž
³UHJLVWURGHYHQGD´TXDQGRRFRUUHWRVHULDGL]HU³GRWtWXORDTXLVLWLYR´
e QR PHVPR VHQWLGR D OLomR GD SURIHVVRUD 0DULD +HOHQD 'LQL] DR
FRPHQWDURDUWLJRRTXHID]GDVHJXLQWHIRUPD
2 GLVSRVLWLYR VXE H[DPH UHIHUHVH D KLSyWHVH GH WUDQVIHUrQFLD GD
SRVLomRMXUtGLFDGRWLWXODUGRGRPtQLRUHODWLYDPHQWHDRSUpGLRORFDGR
PHGLDQWH DOLHQDomR 3RU DOLHQDomR QmR VH GHYH HQWHQGHU DSHQDV D
YHQGD PDV WDPEpP SHUPXWD D GRDomR D H[HFXomR IRUoDGD R
HVWDEHOHFLPHQWR GH XVXIUXWR HWF ( R QRYR DGTXLUHQWH GR LPyYHO
ORFDGRVHUiDTXHOHTXHYLHUDVXEVWLWXLUDRORFDGRUSRUDWRLQWHUYLYRV
QR VHX GLUHLWR GH SURSULHGDGH FRQVWLWXLQGRVH SRUWDQWR XP WHUFHLUR
DOKHLR j UHODomR MXUtGLFD µH[ ORFDWR¶ µUHV LQWHU DOLRV DFWD DOLLV QHTXH
QRFHWQHTXHSURGHVW¶QDGDWHPTXHYHUFRPRLQTXLOLQRQHPPHVPR
UHVSRQGHQGR SHODV EHQIHLWRULDV GR ORFDWiULR 67) V~PXOD  SRU
FRQVHJXLQWH QmR WHUi GHYHU DOJXP GH UHVSHLWDU R FRQWUDWR ORFDWtFLR
HIHWLYDGRSDUDILQVUHVLGHQFLDLVRXQmRHPTXHQmRIRLSDUWHSRGHQGR
GHQXQFLiORGDQGRSUD]RGHGLDVSDUDDHYDFXDomRVHPTXDOTXHU
MXVWLILFDomRGHQ~QFLDYD]LD
&LWDomR
,VWR SRVWR UHTXHU VHMD FLWDGR R UpX SRU LQWHUPpGLR GR VU RILFLDO GH
MXVWLoDFRPRVSHUPLVVLYRVGRDUWLJR†žGR&yGLJRGH3URFHVVR
&LYLORXSRUYLDSRVWDOVHRFRQWUDWRSHUPLWLUSDUDTXHQRSUD]RGD
OHL RIHUHoD D GHIHVD TXH WLYHU VRE SHQD GH DSOLFDUOKH RV HIHLWRV GD
UHYHOLD
3HGLGR
([SRVLWLVUHTXHUVHDLQGDGLJQHVH9RVVD([FHOrQFLD
-XOJDUDRILQDOSURFHGHQWHDDomRGHFODUDQGRH[WLQWDDUHODomRH[
ORFDWR GHFUHWDQGR R GHVSHMR FRP D FRQGHQDomR GR UpX QR
SDJDPHQWR GDV FXVWDV SURFHVVXDLV H KRQRUiULRV GH DGYRJDGR GR
DXWRU
$XGLrQFLDGH&RQFLOLDomR


 1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLODDXWRUD
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR D DXWRUD GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.45.DESPEJO NAS LOCAÇÕES RESIDENCIAIS POR CONTRATO

ININTERRUPTO DE CINCO ANOS – DENÚNCIA VAZIA

([PRD6UD'UD-XL]DGH'LUHLWRGD

SRUVHXVSURFXUDGRUHVGRFXPHQWRFRPHVFULWyULRQD
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omRGHGHVSHMR
R TXH ID] FRP VXSHGkQHR QR DUWLJR  9 GD /HL  H


SHODVUD]}HVGHIDWRHGHGLUHLWRTXHDVHJXLUDUWLFXODGDPHQWHSDVVD
DDGX]LU
$DXWRUDORFRXDRUpXRLPyYHOUHVLGHQFLDOORFDOL]DGRQD5XD
2UHIHULGRLPyYHOIRLORFDGRDRUpXQRGLDSRUFRQWUDWRHVFULWR
FRPSUD]RGHGR]HPHVHVTXHVHHQFRQWUDSURUURJDGRSRUSUD]R
LQGHWHUPLQDGR
2DOXJXHODMXVWDGRHQWUHDVSDUWHVDWXDOPHQWHpHTXLYDOHQWHD5
PHQVDLV
2FRUUH TXH Mi WHQGR D ORFDomR PDLV GH  FLQFR DQRV H QmR
FRQYLQGR PDLV j ORFDGRUD RUD DXWRUD PDQWHU D ORFDomR QRWLILFRX R
UpXQR~OWLPRGLDSDUDTXHGHVRFXSDVVHRLPyYHOQRSUD]RGH
WULQWDGLDVTXHMiGHFRUUHXVHPTXHKRXYHVVHDWHQGLPHQWRGRDYLVR
$VVLP GHFRUULGR LQ DOELV R SUD]R SDUD GHVRFXSDomR QmR UHVWRX
DOWHUQDWLYDjDXWRUDVHQmRLQJUHVVDUFRPDSUHVHQWHDomR
&LWDomRHGRSHGLGR
,VWRSRVWRUHTXHUDDXWRUD
DVHMDRUpXFLWDGRSRULQWHUPpGLRGR6URILFLDOGHMXVWLoDRXSRU
YLD SRVWDO VH DXWRUL]DGR QR FRQWUDWR FRP RV SHUPLVVLYRV GR DUWLJR
 † ž GR &yGLJR GH 3URFHVVR &LYLO SDUD TXH QR SUD]R GD OHL
RIHUHoD D GHIHVD TXH WLYHU VRE SHQD GH DSOLFDUOKH RV HIHLWRV GD
UHYHOLD
EDFLrQFLDGDSUHVHQWHDHYHQWXDLVRFXSDQWHVHVXEORFDWiULRVDUW
†žGD/HL
([SRVLWLVUHTXHUDLQGDGLJQHVH9RVVD([FHOrQFLDGH
-XOJDUDRILQDOSURFHGHQWHDDomRGHFODUDQGRH[WLQWDDUHODomRH[
ORFDWR GHFUHWDQGR R GHVSHMR FRP D FRQGHQDomR GR UpX QR
SDJDPHQWRGHFXVWDVSURFHVVXDLVHKRQRUiULRVGHDGYRJDGR
$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLODDXWRUD
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X


 7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR D DXWRUD GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.46.DESPEJO NAS LOCAÇÕES PARA TEMPORADA

([PRD6UD'UD-XL]DGH'LUHLWRGD

SRUVHXVSURFXUDGRUHVGRFXPHQWRFRPHVFULWyULRQD
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omRGHGHVSHMRFRPSHGLGROLPLQDU
RTXHID]FRPVXSHGkQHRQRVDUWLJRVHVHJXLQWHVH†žGD
/HL  H SHODV UD]}HV GH IDWR H GH GLUHLWR TXH D VHJXLU
DUWLFXODGDPHQWHSDVVDDDGX]LU
$DXWRUDORFRXDRUpXSDUDWHPSRUDGDFRPDILQDOLGDGHGHOD]HUR
LPyYHOUHVLGHQFLDOORFDOL]DGRQD
2 UHIHULGR LPyYHO IRL ORFDGR QR GLD  SRU FRQWUDWR HVFULWR FRP


SUD]RGHQRYHQWDGLDVGRFXPHQWRTXHVHH[SLURXQR~OWLPR
GLD
2DOXJXHOJOREDODMXVWDGRSDJRDQWHFLSDGDPHQWHIRLGH5
7HUPLQDGR R SUD]R FRQWUDWXDO R UpX QmR GHVRFXSRX R LPyYHO LVVR
DSHVDU GH WHOHJUDPDV HQYLDGRV SHOD DXWRUD TXH IRUDP LJQRUDGRV
GRFXPHQWRVH
7UDWDQGRVH GH ORFDomR SDUD WHPSRUDGD WHQGR VLGR SURSRVWD D
DomR QR SUD]R GH WULQWD GLDV FRQWDGRV GR ILP GR FRQWUDWR FDEtYHO D
FRQFHVVmR GH OLPLQDU SDUD GHVRFXSDomR GR LPyYHO HP TXLQ]H GLDV
LQGHSHQGHQWHPHQWH GD DXGLrQFLD GR UpX QD IRUPD GR TXH GLVS}H R
DUW†žLQFLVR,,,GD/HL
&LWDomRHGRSHGLGR
,VWRSRVWRUHTXHUDDXWRUD
DVHMDFRQFHGLGDGHVRFXSDomROLPLQDUGRLPyYHOFRPSUD]RGH
GLDV LQGHSHQGHQWHPHQWH GD RLWLYD GR UpX GHIHULQGR R GHSyVLWR
MXGLFLDO D WtWXOR GH FDXomR GH  WUrV DOXJXpLV PHQVDLV QRV WHUPRV
GR†žGRDUWGD/HL
EVHMDRUpXFLWDGRSRULQWHUPpGLRGR6URILFLDOGHMXVWLoDFRPRV
SHUPLVVLYRV GR DUWLJR  † ž GR &yGLJR GH 3URFHVVR &LYLO SDUD
TXHQRSUD]RGDOHLRIHUHoDDGHIHVDTXHWLYHUVRESHQDGHDSOLFDU
OKH RV HIHLWRV GD UHYHOLD FRPXQLFDQGROKH LQFOXVLYH D OLPLQDU
FRQFHGLGD LQWLPDQGRR GR SUD]R GH  GLDV SDUD GHVRFXSDomR
YROXQWiULD/HLDUW
FDFLrQFLDGDSUHVHQWHDHYHQWXDLVRFXSDQWHVHVXEORFDWiULRVDUW
†žGD/HL
([SRVLWLVUHTXHUDLQGDGLJQHVH9RVVD([FHOrQFLDGH
-XOJDUDRILQDOSURFHGHQWHDDomRGHFODUDQGRH[WLQWDDUHODomRH[
ORFDWRFRQILUPDQGRDOLPLQDUGHFUHWDQGRHPGHILQLWLYRRGHVSHMRFRP
D FRQGHQDomR GR UpX QR SDJDPHQWR GH FXVWDV SURFHVVXDLV H
KRQRUiULRVGHDGYRJDGR
$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLODDXWRUD
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP


DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR D DXWRUD GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.47.PETIÇÃO REQUERENDO IMISSÃO NA POSSE EM RAZÃO DO

ABANDONO DO IMÓVEL NO CURSO DA AÇÃO

([PR6U'U-XL]GH'LUHLWRGD63

3URFHVVRQž
QRVDXWRVGDDomRGHGHVSHMRTXHPRYHHPIDFHGHYHP
UHVSHLWRVDPHQWHSHUDQWH9RVVD([FHOrQFLDSRUVHXDGYRJDGRH[SRU
HUHTXHUHURTXDQWRVHJXH
$ DXWRUD LQJUHVVRX FRP D SUHVHQWH DomR HP  WHQGR VLGR
HIHWXDGDDFLWDomRHP
2FRUUHTXHQRGLDSDVVDGRIRUDPDEDQGRQDGDVQDSRUWDULDGR


SUpGLR GR HVFULWyULR GRV SDWURQRV GD DXWRUD DV FKDYHV GR LPyYHO
REMHWRGDORFDomRDFRPSDQKDGDVGHELOKHWHGRUpXGRFXPHQWR
(QWUHPHQWHVSHODQHFHVVLGDGHGHVHFRQVWDWDUDGHVRFXSDomRDV
FKDYHV IRUDP HQFDPLQKDGDV SDUD D SRUWDULD GR SUpGLR ORFDOL]DGR QD
 DRV FXLGDGRV GR 6U ]HODGRU H j GLVSRVLomR GHVVH -Xt]R
GRFXPHQWR
2 UHIHULGR ]HODGRU DILUPRX TXH KRXYH PRYLPHQWDomR LQGLFDWLYD GH
UHWLUDGDGHPyYHLVGRDSDUWDPHQWR
(P YLUWXGH GR DEDQGRQR GDV FKDYHV SHOR UpX IDFH DR TXH HVWi
GLVSRVWR QR DUWLJR  GD /HL  HVWi SDWHQWH R
UHFRQKHFLPHQWR GD SURFHGrQFLD GR SHGLGR GD H[RUGLDO DXWRUL]DGD D
LPLVVmRQDSRVVH
,VWRSRVWRUHTXHUDDXWRUDGLJQHVH9RVVD([FHOrQFLDGH
D RUGHQDU D H[SHGLomR GH PDQGDGR GH FRQVWDWDomR H LPLVVmR QD
SRVVH GR LPyYHO FRP FOiXVXOD GH DUURPEDPHQWR H UHTXLVLomR GH
IRUoD R TXH VH UHTXHU VHMD HIHWXDGR SRU LQWHUPpGLR GR VU RILFLDO GH
MXVWLoD
E H[WLQJXLU R SURFHVVR FRP MXOJDPHQWR GR PpULWR GHFODUDQGR
H[WLQWDDUHODomRH[ORFDWRFRQGHQDQGRRUpXHPFXVWDVHKRQRUiULRV
GHDGYRJDGR
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.48.PETIÇÃO REQUERENDO O JULGAMENTO EM RAZÃO DO

ABANDONO

([PR6U'U-XL]GH'LUHLWRGD
3URFHVVRQž
QRVDXWRVGDDomRGHGHVSHMRTXHPRYHHPIDFHGHYHP
UHVSHLWRVDPHQWHSHUDQWH9RVVD([FHOrQFLDSRUVHXDGYRJDGRH[SRU
HUHTXHUHURTXDQWRVHJXH


 $ DXWRUD IRL LPLWLGD QD SRVVH GR LPyYHO REMHWR GR FRQWUDWR GH
ORFDomR DFRUGH FRP R DXWR GH LPLVVmR GH IOV HP YLUWXGH GR
DEDQGRQRGRUpX
6HQGR DVVLP UHTXHU R SURVVHJXLPHQWR GR IHLWR SURODWDQGRVH
VHQWHQoD GH PpULWR SHOR DFROKLPHQWR GD SUHWHQVmR DXWRUDO
GHFODUDQGRH[WLQWDDUHODomRH[ORFDWRQDIRUPDGRVDUWV,,,³D´
H,GR&yGLJRGH3URFHVVR&LYLO
5HTXHU DLQGD D FRQGHQDomR GR UpX DR SDJDPHQWR GDV FXVWDV
LQFOXVLYHUHODWLYDVjLPLVVmRQDSRVVHHGRVKRQRUiULRVGRDGYRJDGR
GRDXWRU
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.49.CONTESTAÇÃO EM AÇÃO DE DESPEJO COM MODELO

REFERENTE À PRESCRIÇÃO DA PRETENSÃO DA COBRANÇA DOS
ALUGUÉIS E ENCARGOS

([PR6U'U-XL]GH'LUHLWRGD
3URFHVVRQž
 Mi TXDOLILFDGR QD DomR GH GHVSHMR TXH OKH PRYH  YHP
UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD SRU VHXV DGYRJDGRV H
SURFXUDGRUHVGRFXPHQWRWHPSHVWLYDPHQWHDSUHVHQWDUDVXD
&RQWHVWDomR
RTXHID]FRPVXSHGkQHRQRVDUJXPHQWRVDVHJXLUDGX]LGRV
$ DXWRUD DIRURX HP IDFH GR UpX XPD DomR GH GHVSHMR SRU IDOWD GH
SDJDPHQWRGHDOXJXpLVHHQFDUJRVHPUD]mRGHFRQWUDWRGHORFDomR
GRLPyYHOORFDOL]DGRQD
3UHOLPLQDUPHQWH
&RQH[mR&yGLJRGH3URFHVVR&LYLODUWVH9,,,
2FRUUH TXH R UpX DIRURX HP IDFH GD DXWRUD XPD DomR GH
FRQVLJQDomR GH SDUWH GRV PHVPRV DOXJXpLV H HQFDUJRV GHVWD DomR


GRFXPHQWR  TXH FRUUH SHUDQWH R -Xt]R GH 'LUHLWR GD 
3URFHVVRQž
9HULILFDVHTXHDGLVWULEXLomRGDTXHODDomRVHGHXQRGLDWHQGR
RUpXVLGRFLWDGRQRGLDGRPHVPRDQRGRFXPHQWR
(QWUHWDQWR D SUHVHQWH DomR GH GHVSHMR VRPHQWH IRL GLVWULEXtGD QR
GLD
$FRUGHFRPRVPDQGDPHQWRVLQVFXOSLGRVQRVDUWLJRVHGR
&yGLJR GH 3URFHVVR &LYLO D SDUWLU GD GLVWULEXLomR GDTXHOD DomR
FRQVLJQDWyULD HP  WRGRV RV HIHLWRV GR DUW  SDVVDUDP D VHU
YHULILFDGRVYH]TXHKRXYHFLWDomRYiOLGDHP
$VDo}HVVmRFRQH[DVHGLDQWHGRULVFRGHGHFLV}HVFRQWUDGLWyULDV
PLVWHUVHID]DUHXQLmRILFDQGRSUHYHQWRR-Xt]RGDFXMDDomRIRL
GLVWULEXtGDHPSULPHLUROXJDU
0pULWR
'D LQLFLDO p SRVVtYHO FRQVWDWDU TXH D DXWRUD FXPXORX D DomR GH
GHVSHMRFRPDFREUDQoDGHDOXJXpLVHDFHVVyULRVQRVWHUPRVGRDUW
,GD/HL
(QWUHPHQWHV D FREUDQoD GRV DOXJXpLV YHQFLGRV Ki PDLV GH WUrV
DQRVpLOHJDOFRQIRUPHLQFOXVLYHDWHVWDUHPDQVRVDMXULVSUXGrQFLD

7ULEXQDOGH-XVWLoDGH6mR3DXOR³$SHODomR3UHSDUR&RPSURYDomRGR
UHFROKLPHQWR HTXLYRFDGR FRP LQGLFDomR HUU{QHD GR FyGLJR GD UHFHLWD
6LPSOHV VLWXDomR GH HUUR PDWHULDO QmR MXVWLILFDGRUD GD GHVHUomR
SUHOLPLQDU UHSHOLGD 5HFXUVR FRQKHFLGR (PERUD VHMD LQHJiYHO D
RFRUUrQFLD GR UHFROKLPHQWR GDV GHVSHVDV GH SRUWH GH UHPHVVD H
UHWRUQR SRUTXH DQRWDGR FyGLJR GLYHUVR QD JXLD UHVSHFWLYD WUDWDVH
DSHQDV GH VLWXDomR GH HYLGHQWH HUUR PDWHULDO VHP FRQILJXUDU PiIp R
TXH GHWHUPLQD R DSURYHLWDPHQWR GR DWR H R FRQKHFLPHQWR GR UHFXUVR
/RFDomR (QFDUJR ORFDWtFLR ,378 &REUDQoD 3UHVFULomR ,QFLGrQFLD GR
PHVPR SUD]R SDUD FREUDQoD GR DOXJXHO &RQWDJHP TXH VH DEUH D SDUWLU
GH FDGD YHQFLPHQWR TXDQGR VH WRUQD H[LJtYHO D UHVSHFWLYD SUHVWDomR
6XSHUYHQLrQFLDGDQRYDOHLDGHWHUPLQDUQRYDFRQWDJHPGRSUD]RPHQRU
D SDUWLU GH VXD YLJrQFLD $XVrQFLD GH LQWHUUXSomR SRVWHULRU 3UHVFULomR
RSHUDGD ([WLQomR GR SURFHVVR GHWHUPLQDGD 5HFXUVR SURYLGR  2V
HQFDUJRVORFDWtFLRVSRUFRQVWLWXtUHPREULJDomRDFHVVyULDHVWmRVXMHLWRV
DR PHVPR SUD]R GH SUHVFULomR SDUD FREUDQoD GRV DOXJXpLV FXMD


 FRQWDJHP VH LQLFLD QR PRPHQWR HP TXH VH WRUQD H[LJtYHO D UHVSHFWLYD
REULJDomR  &RP D HQWUDGD HP YLJRU GR QRYR &yGLJR &LYLO R SUD]R
SUHVFULFLRQDO VH UHGX]LX SDUD WUrV DQRV TXH HQWmR SDVVRX D VHU
FRPSXWDGRDSDUWLUGDYLJrQFLDGDQRYDOHLDUWLJR1mRVHQGR
SRVVtYHOLQFLGLUQRYDFDXVDGHLQWHUUXSomRHVVHSUD]RVHHVJRWRXDQWHV
GRDMXL]DPHQWRGDDomRGHFREUDQoDRSHUDQGRVHDSUHVFULomRTXHVH
LPS}H UHFRQKHFHU´ $SHODomR   ± 5HODWRUD
$QWRQLR5LJROLQ±&RPDUFD6mR3DXOR±ÏUJmRMXOJDGRU&kPDUDGH
'LUHLWR 3ULYDGR ± 'DWD GR MXOJDPHQWR  ± 'DWD GH UHJLVWUR

5HFRQYHQomR
$SDUGDDomRGHGHVSHMRRUDSURSRVWDPLVWHUVHID]YHULILFDUTXH
Ki FHUFD GH  WUrV PHVHV HP YLUWXGH GDV IRUWHV FKXYDV TXH
GHVDEDUDPVREUHDFLGDGHFRQIRUPHSURYDPDVLQFOXVDVUHSRUWDJHQV
HP MRUQDO GH JUDQGH FLUFXODomR GRFXPHQWR  SDUWH GR WHOKDGR GR
LPyYHOORFDGRIRLGDQLILFDGR
3URFXUDGD SDUD TXH UHSXVHVVH R LPyYHO HP FRQGLo}HV GH XVR D
DXWRUD UHFRQYLQGD UHFXVRXVH D ID]rOR QmR UHVWDQGR DVVLP DR UpX
UHFRQYLQWH DOWHUQDWLYD VHQmR SURYLGHQFLDU R FRQVHUWR GR WHOKDGR
FRQIRUPHID]SURYDRVLQFOXVRVRUoDPHQWRVGRFXPHQWRHUHFLERV
GHSDJDPHQWRGDHPSUHVDFRQWUDWDGDSDUDRUHSDURFXMRWRWDOLPSRUWD
HP5
&RQYpPVXEOLQKDUTXHRFRQWUDWRHQWUHDVSDUWHVQmRHVWDEHOHFHX
HP TXDOTXHU GH VXDV FOiXVXODV D GHVRQHUDomR GR ORFDGRU QR
SDJDPHQWRGHEHQIHLWRULDVQHFHVViULDVLQWURGX]LGDVQRLPyYHOIOV
3RUWDQWRRUpXUHFRQYLQWHID]MXVDRUHVVDUFLPHQWRGRYDORUGH5
 UHIHUHQWH jV EHQIHLWRULDV QHFHVViULDV TXH UHDOL]RX ID]HQGRVH
PLVWHURDFROKLPHQWRGHVWHSHGLGR
2 SURFHGLPHQWR GH UHFRQYHQomR FXMR SHGLGR VH ID] QD
FRQWHVWDomR UHJHVH SHOR DUWLJR  GR &yGLJR GH 3URFHVVR &LYLO
SiWULR
$UW  1D FRQWHVWDomR p OtFLWR DR UpX SURSRU UHFRQYHQomR SDUD
PDQLIHVWDU SUHWHQVmR SUySULD FRQH[D FRP D DomR SULQFLSDO RX FRP R
IXQGDPHQWRGDGHIHVD
†ž3URSRVWDDUHFRQYHQomRRDXWRUVHUiLQWLPDGRQDSHVVRDGH


VHXDGYRJDGRSDUDDSUHVHQWDUUHVSRVWDQRSUD]RGHTXLQ]HGLDV
† ž $ GHVLVWrQFLD GD DomR RX D RFRUUrQFLD GH FDXVD H[WLQWLYD TXH
LPSHoD R H[DPH GH VHX PpULWR QmR REVWD DR SURVVHJXLPHQWR GR
SURFHVVRTXDQWRjUHFRQYHQomR
†ž$UHFRQYHQomRSRGHVHUSURSRVWDFRQWUDRDXWRUHWHUFHLUR
† ž $ UHFRQYHQomR SRGH VHU SURSRVWD SHOR UpX HP OLWLVFRQVyUFLR
FRPWHUFHLUR
† ž 6H R DXWRU IRU VXEVWLWXWR SURFHVVXDO R UHFRQYLQWH GHYHUi
DILUPDU VHU WLWXODU GH GLUHLWR HP IDFH GR VXEVWLWXtGR H D UHFRQYHQomR
GHYHUi VHU SURSRVWD HP IDFH GR DXWRU WDPEpP QD TXDOLGDGH GH
VXEVWLWXWRSURFHVVXDO
† ž 2 UpX SRGH SURSRU UHFRQYHQomR LQGHSHQGHQWHPHQWH GH
RIHUHFHUFRQWHVWDomR
3UHFHLWXDRDUWLJRGD/HL

³$UW  6DOYR H[SUHVVD GLVSRVLomR FRQWUDWXDO HP FRQWUiULR DV

EHQIHLWRULDV QHFHVViULDV LQWURGX]LGDV SHOR ORFDWiULR DLQGD TXH QmR
DXWRUL]DGDV SHOR ORFDGRU EHP FRPR DV ~WHLV GHVGH TXH DXWRUL]DGDV
VHUmRLQGHQL]iYHLVHSHUPLWHPRH[HUFtFLRGRGLUHLWRGHUHWHQomR´
3HGLGR
3HORH[SRVWRUHTXHURDXWRUVHMDDFROKLGDDSUHOLPLQDUGHFRQH[mR
GHWHUPLQDQGR D UHPHVVD GRV DXWRV DR -Xt]R GD  9DUD &tYHO SRU
RQGH WUDPLWD D DomR FRQVLJQDWyULD HP UD]mR GD SUHYHQomR H QR
PpULWRVHMDDSUHVHQWHDomRMXOJDGDLPSURFHGHQWHTXHUHPYLUWXGHGD
FREUDQoD GH DOXJXpLV SUHVFULWRV TXHU HP UD]mR GD FRQVLJQDWyULD
DIRUDGD EHP FRPR VHMD MXOJDGD SURFHGHQWH D UHFRQYHQomR FRP D
FRQGHQDomR GD DXWRUD QR YDORU GRV UHSDURV QR LPSRUWH GH 5 
DFUHVFLGRV GH DWXDOL]DomR PRQHWiULD GHVGH R GHVHPEROVR H MXURV
OHJDLV FRQGHQDGD D DXWRUD DLQGD QDV FXVWDV GHVSHVDV H YHUED
KRQRUiULDFXPSULGDVDVQHFHVViULDVIRUPDOLGDGHVOHJDLV
5HTXHUVHDLQWLPDomRGDDXWRUDQDSHVVRDGHVHXDGYRJDGRSDUD
VH PDQLIHVWDU QR SUD]R GH TXLQ]H GLDV D UHVSHLWR GD SUHOLPLQDU GD
UHFRQYHQomRHGRPpULWR&yGLJRGH3URFHVVR&LYLODUWVH



 3URYDV
3URWHVWD SRU SURYDU R DOHJDGR SRU WRGRV RV PHLRV HP GLUHLWR
DGPLWLGRV HVSHFLDOPHQWH SHOD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO SHULFLDO H LQVSHomR MXGLFLDO H GHSRLPHQWR SHVVRDO GR
DXWRUHGHPDLVPHLRVSUREDQWHV
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.50.RECONHECIMENTO DA PROCEDÊNCIA DO PEDIDO PARA

OBTER O BENEFÍCIO DA DESOCUPAÇÃO EM 6 MESES

([PR6U'U-XL]GH'LUHLWRGD
3URFHVVRQž
 Mi TXDOLILFDGR QD DomR GH GHVSHMR TXH OKH PRYH  YHP
UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD FRP VXSHGkQHR QR TXH
GLVS}HRDUWGD/HLH[SRUHUHTXHUHURTXDQWRVHJXH
2UpXQRSUD]RGDFRQWHVWDomRYHPPDQLIHVWDUFRQFRUGkQFLDFRP
DGHVRFXSDomRGRLPyYHOQmRSUHWHQGHQGRUHVLVWLUDRSHGLGR
6HQGRDVVLPUHTXHUGLJQHVH9RVVD([FHOrQFLDGHOKHFRQFHGHUR
SUD]ROHJDOGHVHLVPHVHVDFRQWDUGDFLWDomRSDUDDGHYROXomR
GDV FKDYHV ILFDQGR H[RQHUDGR GR SDJDPHQWR GRV {QXV
VXFXPEHQFLDLV
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.51.AÇÃO RENOVATÓRIA

([PRD6UD'UD-XL]DGH'LUHLWRGD


  SRU VHXV SURFXUDGRUHV GRF  FRP HVFULWyULR QD  RQGH
UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omRUHQRYDWyULD
RTXHID]FRPIXQGDPHQWRQRVDUWVHGD/HLGHGH
RXWXEURGHHSHODVUD]}HVGHIDWRHGHGLUHLWRDVHJXLUDGX]LGDV
1RGLDDDXWRUDILUPRXFRPRUpXSDUDILQVFRPHUFLDLVSRU
DQRV WpUPLQR HP  FRQWUDWR GH ORFDomR GR LPyYHO VLWXDGR QD 5XD
GRF
'R FRQWUDWR FHOHEUDGR HQWUH DV SDUWHV p SRVVtYHO YLVOXPEUDU D
H[LVWrQFLDGHWRGRVRVUHTXLVLWRVGRVDUWVHGD/HL
YH]TXH
D 2 FRQWUDWR IRL FHOHEUDGR SRU HVFULWR H FRP SUD]R GH FLQFR DQRV
>RX PDLV RX DLQGD D VRPD GRV FRQWUDWRV LQLQWHUUXSWRV SHUID] FLQFR
DQRV±RXPDLV@GRF/HLDUWLQFLVRV,H,,
E $ DXWRUD H[SORUD VXD DWLYLGDGH GHVGH R LQtFLR GD ORFDomR
FRQIRUPHVHSURYDSRUGRF/HLDUWLQFLVR,,,
F 7RGDV DV REULJDo}HV FRQWUDWXDLV IRUDP H FRQWLQXDP VHQGR
FXPSULGDV DVVLP FRPR R SDJDPHQWR GRV DOXJXpLV H HQFDUJRV FRP
H[DomR GRF  DOpP GH HVWDU HP GLD FRP RV SUrPLRV GH VHJXUR
H[LJLGRVSHORFRQWUDWRGHORFDomRQDFOiXVXODGRF
2XWURVVLP D DXWRUD LQGLFD QD IRUPD GR DUW  LQFLVR ,9 GD /HL
DVFRQGLo}HVTXHRIHUHFHSDUDDUHQRYDomRGRFRQWUDWR
D1RYRYDORUGDORFDomRHTXLYDOHQWHD5PHQVDLVDFRUGHFRP
DYDOLDomR GHFRUUHQWH GR SDUHFHU DQH[R GRF  RX DTXHOH TXH IRU
DUELWUDGRQRFXUVRGDDomRQRVOLPLWHVGRPHUFDGR
E1RYRSUD]RGHFLQFRDQRVGHDFRUGRFRPRDUWFDSXWGD
/HL
F 0DQXWHQomR GDV GHPDLV FRQGLo}HV GR FRQWUDWR D VHU UHQRYDGR
HPHVSHFLDOIRUPDHSHULRGLFLGDGHGDVFRUUHo}HV
1RVWHUPRVGRLQFLVR9GRDUWGD/HL
D $ DXWRUD LQGLFD FRPR ILDGRUHV R 6U  H VXD PXOKHU 
SURSULHWiULRV GH LPyYHO FRQIRUPH SURYD FySLD GD PDWUtFXOD MXQWR DR


2ILFLDO GH 5HJLVWUR GH ,PyYHLV GRF  TXH DOpP GH UHFHEHUHP D
TXDQWLDGH5PHQVDLVFRQIRUPHFySLDGRVUHFLERVGHSDJDPHQWR
RUD MXQWDGRV VmR LG{QHRV QRV WHUPRV GR DUW  GR &yGLJR &LYLO R
TXH VH SURYD FRP DV DQH[DV FHUWLG}HV QHJDWLYDV GH SURWHVWRV H GH
GLVWULEXLomRGHDo}HVGRF
E 2V ILDGRUHV FRQFRUGDP HP DVVXPLU RV {QXV GHFRUUHQWHV GD
FHOHEUDomR GR FRQWUDWR GH ILDQoD ORFDWtFLD FRQIRUPH GHFODUDomR
DQH[DFRPILUPDUHFRQKHFLGDGRF
3HGLGR
,VWR SRVWR UHTXHU D DXWRUD D FLWDomR GR UpX SRU LQWHUPpGLR GH
2ILFLDOGH-XVWLoD&yGLJRGH3URFHVVR&LYLODUWLQFLVR,,SDUD
TXHUHQGRRIHUHFHUUHVSRVWDQRSUD]ROHJDO
'LDQWHGRH[SRVWRUHTXHUVHMDMXOJDGDSURFHGHQWHDSUHVHQWHDomR
FRP D UHQRYDomR GR FRQWUDWR SHOR SUD]R GH FLQFR DQRV QRV WHUPRV
SURSRVWRVQHVWDH[RUGLDOFRPDFRQGHQDomRGRUpXQRSDJDPHQWRGH
FXVWDVHKRQRUiULRVGHDGYRJDGRTXH9RVVD([FHOrQFLDDUELWUDU
$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLODDXWRUD
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR R DXWRU GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO


 9DORUGDFDXVD
'iVHjFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH
3HGHGHIHULPHQWR
/RFDOHGDWD
1RPHGRDGYRJDGRHQ~PHURGHLQVFULomRQD2$%

13.52.AÇÃO DE CONSIGNAÇÃO DE ALUGUÉIS E ACESSÓRIOS

([PRD6UD'UD-XL]DGH'LUHLWRGD

SRUVHXVSURFXUDGRUHVGRFXPHQWRFRPHVFULWyULRQD
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLD DIRUDU HP IDFH GH  (VWDGR GH 6mR 3DXOR D
FRPSHWHQWH
$omRGHFRQVLJQDomRGHDOXJXpLV
R TXH ID] FRP IXQGDPHQWR QRV DUWV  H  GD /HL  H
QDVUD]}HVGHIDWRHGHGLUHLWRDVHJXLUDGX]LGDV
2 DXWRU p VXEURJDWyULR GD ORFDomR GR LPyYHO ORFDOL]DGR QD 
ILUPDGDHQWUHDUpHVXDFRPSDQKHLUDQRPHFRPSOHWRTXHIDOHFHXQR
~OWLPR GLD  FRQIRUPH FRQWUDWR GH ORFDomR GRFXPHQWR  H
DWHVWDGRGHyELWRGRFXPHQWRDQH[RV
7RGDYLD R DGPLQLVWUDGRU GR LPyYHO QRPHDGR QD FOiXVXOD  GR
FRQWUDWR GH ORFDomR UHFXVRXVH IRUPDOPHQWH SRU HVFULWR D UHFHEHU
RVDOXJXpLVVREDOHJDomRGHTXHRDXWRUQmRVHULDSDUWHOHJtWLPDDQWH
RIDOHFLPHQWRGHVXDFRPSDQKHLUDGRFXPHQWR
7RGDYLD R DUWLJR  LQFLVR , GD /HL  DXWRUL]D
H[SUHVVDPHQWHDVXEURJDomRGDFRPSDQKHLUDUHVLGHQWHQRLPyYHOQD
ORFDomRQRTXHWRFDDRVGLUHLWRVHREULJDo}HV
$VVLP VHQGR QmR UHVWRX DOWHUQDWLYD DR DXWRU VHQmR DIRUDU D
SUHVHQWHDomRFRQVLJQDWyULDGRDOXJXHOFRQIRUPHSDVVDDHVSHFLILFDU
QRVWHUPRVDRDUWLJRLQFLVR,GD/HL
$OXJXHO YHQFLGR HP  UHIHUHQWH DR PrV GH  QR YDORU GH 5



&RQGRPtQLRUHIHUHQWHDRPrVGHQRYDORUGH5
3DUFHODGR,378GRPrVGHQRYDORUGH5
7RWDO5
3HGLGR
'LDQWHGHWRGRRH[SRVWRUHTXHUVHMDMXOJDGDSURFHGHQWHDSUHVHQWH
DomRFRPDGHFODUDomRGHTXLWDomRGDVREULJDo}HVHDFRQGHQDomR
GR UpX DR SDJDPHQWR GDV FXVWD H KRQRUiULRV GH DGYRJDGR GH YLQWH
SRUFHQWRQRVWHUPRVGRDUWLJRLQFLVR,9GD/HL
5HTXHUDLQGDDLQWLPDomRGRDXWRUQRVWHUPRVGRDUWLJRLQFLVR
,,SDUDTXHSURYLGHQFLHRGHSyVLWRMXGLFLDOGDLPSRUWkQFLDLQGLFDGD
&LWDomR
5HTXHURDXWRUGLJQHVH9RVVD([FHOrQFLDGHGHWHUPLQDUDFLWDomR
GD Up QD IRUPD GR DUWLJR  LQFLVR ,, FRP RV EHQHItFLRV GR DUWLJR
†žDPERVGR&yGLJRGR3URFHVVR&LYLOSDUDRIHUHFHUDGHIHVD
TXH WLYHU VRE SHQD GH FRQILVVmR H VRIUHU RV HIHLWRV GD UHYHOLD RX
TXHUHQGR OHYDQWDU RV GHSyVLWRV D VHUHP HIHWXDGRV QRV WHUPRV GR
LQFLVR,9GRDUWGD/HL
3URYDV
5HTXHU SURYDU R DOHJDGR SRU WRGRV RV PHLRV GH SURYD HP GLUHLWR
DGPLWLGRV HVSHFLDOPHQWH SHOR GHSRLPHQWR SHVVRDO GR UpX VRE SHQD
GH FRQILVVmR RLWLYD GH WHVWHPXQKDV SHUtFLDV YLVWRULDV H GHPDLV
SURYDVTXHVHIL]HUHPQHFHVViULDV
9DORUGDFDXVD
'ijFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.53.AÇÃO DE CONSIGNAÇÃO DE CHAVES (ARTS. 4º E 6º)


 13.53.AÇÃO DE CONSIGNAÇÃO DE CHAVES (ARTS. 4º E 6º)

([PRD6UD'UD-XL]DGH'LUHLWRGD

SRUVHXVSURFXUDGRUHVGRFXPHQWRFRPHVFULWyULRQD
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omRGHFRQVLJQDomRHPSDJDPHQWR
R TXH ID] FRP IXQGDPHQWR QR DUW  H VHJXLQWHV GR &yGLJR GH
3URFHVVR&LYLOHQDVUD]}HVGHIDWRHGHGLUHLWRDVHJXLUDGX]LGDV
2 DXWRU p ORFDWiULR GR LPyYHO ORFDOL]DGR QD  FRQIRUPH SURYD R
FRQWUDWRGHORFDomRDQH[RGRFXPHQWRFHOHEUDGRQRGLDSHOR
SUD]R GH  WULQWD PHVHV TXH VH HQFRQWUD SURUURJDGR SRU SUD]R
LQGHWHUPLQDGR
1mRFRQYLQGRPDLVDORFDomRRDXWRUQRWLILFRXDUpGHQXQFLDQGRR
FRQWUDWR FRP SUD]R GH  WULQWD GLDV QRV WHUPRV GR DUW ž GD /HL

7RGDYLDQRSUD]RGDQRWLILFDomRWHQGRRDXWRUSURFXUDGRDUpSDUD
GHYROXomR GDV FKDYHV SDUD VXD VXUSUHVD HVWD VH UHFXVRX
WHUPLQDQWHPHQWH DOHJDQGR VLPSOHVPHQWH QmR FRQFRUGDU FRP D
GHYROXomRGRLPyYHO
$VVLP VHQGR QmR UHVWRX DOWHUQDWLYD DR DXWRU VHQmR DIRUDU D
SUHVHQWHDomRFRQVLJQDWyULDGDVFKDYHV
&RQYpPYHULILFDUTXHMiGHFLGLXR6HJXQGR7ULEXQDOGH$OoDGD&LYLO
GH6mR3DXOR

³&RQVLJQDomR ± FKDYHV ± UHFXVD GR ORFDGRU HP UHFHErODV ± DOXJXHO ±

SDJDPHQWR DWp D LQWHUSRVLomR GD DomR ± REULJDWRULHGDGH $ SDUWLU GR GLD
HP TXH LQVWDXUDGD D DomR FRQVLJQDWyULD GDV FKDYHV p TXH VH OLEHUD R
ORFDWiULRGDREULJDomRGHUHPXQHUDURXVRGRLPyYHOGHVSUH]DQGRVHR
SHUtRGR GDV PDOVXFHGLGDV WUDWDWLYDV GH VXD GHYROXomR DPLJiYHO´ $SHO
F UHY Qž  ±  &kP ± UHO -XL] (XFOLGHV GH 2OLYHLUD ± M HP
±-7$/H[
3HGLGR
$ ILP GH OLEHUWDUVH GD REULJDomR ORFDWtFLD UHTXHU R DXWRU D


FRQVLJQDomR GR YDORU GH 5  UHIHUHQWH DR ~OWLPR DOXJXHO EHP
FRPRGDVFKDYHVPHGLDQWHVXDLQWLPDomRQRVWHUPRVGRDUWLJR,
GR&yGLJRGH3URFHVVR&LYLOSDUDTXHSURYLGHQFLHRGHSyVLWRMXGLFLDO
GDLPSRUWkQFLDLQGLFDGDHGDVFKDYHVGRLPyYHO
'LDQWHGRH[SRVWRUHTXHUVHMDMXOJDGDSURFHGHQWHDSUHVHQWHDomR
GHFODUDQGR9RVVD([FHOrQFLDTXLWDGDVDVREULJDo}HVHFRQGHQDQGRR
UpX DR SDJDPHQWR GDV FXVWDV H KRQRUiULRV GH DGYRJDGR TXH 9RVVD
([FHOrQFLDKRXYHUSRUEHPDUELWUDU
&LWDomR
5HTXHURDXWRUGLJQHVH9RVVD([FHOrQFLDGHGHWHUPLQDUDFLWDomR
GD Up QD IRUPD GR DUWLJR  LQFLVR ,, FRP RV EHQHItFLRV GR DUWLJR
†žDPERVGR&yGLJRGR3URFHVVR&LYLOSDUDRIHUHFHUDGHIHVD
TXH WLYHU VRE SHQD GH FRQILVVmR H VRIUHU RV HIHLWRV GD UHYHOLD RX
TXHUHQGR OHYDQWDU RV GHSyVLWRV D VHUHP HIHWXDGRV QRV WHUPRV GR
LQFLVR ,, GR DUW  H GR SDUiJUDIR ~QLFR GR DUW  GR &yGLJR GH
3URFHVVR&LYLO
3URYDV
5HTXHU SURYDU R DOHJDGR SRU WRGRV RV PHLRV GH SURYD HP GLUHLWR
DGPLWLGRV HVSHFLDOPHQWH SHOR GHSRLPHQWR SHVVRDO GR UpX VRE SHQD
GH FRQILVVmR RLWLYD GH WHVWHPXQKDV SHUtFLDV YLVWRULDV H GHPDLV
SURYDVTXHVHIL]HUHPQHFHVViULDV
9DORUGDFDXVD
'ijFDXVDRYDORUGH5
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.54.AÇÃO DE CONSIGNAÇÃO EM PAGAMENTO HAVENDO

FUNDADA DÚVIDA SOBRE QUEM DEVA RECEBER

([PRD6UD'UD-XL]DGH'LUHLWRGD


 SRUVHXVSURFXUDGRUHVGRFXPHQWRFRPHVFULWyULRQD
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLDDIRUDUHPIDFHGHDFRPSHWHQWH
$omRGHFRQVLJQDomRHPSDJDPHQWR
RTXHID]FRPIXQGDPHQWRQRVDUWVHVHJXLQWHVGR&yGLJRGH
3URFHVVR&LYLOHQDVUD]}HVGHIDWRHGHGLUHLWRDVHJXLUDGX]LGDV
2 DXWRU p ORFDWiULR GR LPyYHO ORFDOL]DGR QD  FRQIRUPH SURYD R
FRQWUDWRGHORFDomRDQH[RGRFXPHQWRFHOHEUDGRQRGLDFRP
R FRUUpX  SHOR SUD]R GH  WULQWD PHVHV TXH VH HQFRQWUD
SURUURJDGRSRUSUD]RLQGHWHUPLQDGR
2DOXJXHODWXDOpHTXLYDOHQWHD5PHQVDLV
2FRUUHTXHQR~OWLPRGLDRDXWRUUHFHEHXQRWLILFDomRGRFRUUpX
VHGL]HQWHSURSULHWiULRGRLPyYHOTXHIH]FKHJDUjVPmRVGRDXWRU
FySLD GD PDWUtFXOD GR LPyYHO EHP FRPR SHWLomR LQLFLDO GH DomR GH
UHVROXomRGHFRQWUDWRGHFRPSURPLVVRGHFRPSUDHYHQGDFXPXODGD
FRPSHUGDVHGDQRVDIRUDGDHPIDFHGRFRUUpXGRFXPHQWRVH

3HORTXHVHREVHUYDGDTXHOHSHGLGRDDomRHQWUHRVUpXVHQYROYH
LQFOXVLYHRVDOXJXpLVGHYLGRVSHORDXWRUGHVWDDomR
2DUWGR&yGLJR&LYLOSUHFHLWXDQRVHXLQFLVR9TXHpFDVRGH
FRQVLJQDomRVHSHQGHUOLWtJLRVREUHRREMHWRGRSDJDPHQWR
3RU RXWUR ODGR R LQFLVR ,9 GR DUW  GR &yGLJR &LYLO GH 
GHWHUPLQDTXHpRFDVRGHFRQVLJQDomRVHRFRUUHUG~YLGDVREUHTXHP
GHYDOHJLWLPDPHQWHUHFHEHURSDJDPHQWR
$VVLP VHQGR QmR UHVWRX DOWHUQDWLYD DR DXWRU VHQmR DIRUDU D
SUHVHQWHDomRFRQVLJQDWyULD
&RQYpPYHULILFDUTXHMiGHFLGLXR6HJXQGR7ULEXQDOGH$OoDGD&LYLO
GH6mR3DXOR

³&RQVLJQDomR HP SDJDPHQWR ± IXQGDPHQWR ± OLWtJLR SHQGHQWH VREUH R

REMHWR GD SUHVWDomR ± G~YLGD TXDQWR D VXD WLWXODULGDGH ± OLEHUDomR GR
GHYHGRU ± DGPLVVLELOLGDGH ± H[HJHVH GR DUWLJR  GR &yGLJR GH
3URFHVVR&LYLO>DWXDO&3&DUW,@+DYHQGRG~YLGDVREUHTXHPGHYD
OHJLWLPDPHQWH DXIHULU RV DOXJXpUHV DQWH D H[LVWrQFLD GH GHPDQGD
UHIHUHQWH j WLWXODULGDGH GR LPyYHO GHYH R MXL] GHFODUDU HIHWXDGR R


 GHSyVLWR H H[WLQJXLU D REULJDomR OLEHUDQGR R GHYHGRU PHVPR SRUTXH
LPSRVVtYHO VXVSHQGHUVH LQGHILQLGDPHQWH R FXUVR GD FRQVLJQDWyULD
GHYHQGRSURVVHJXLURSURFHVVRHQWUHRVFUHGRUHVDWpGHFLVmRTXHGHILQD
RUHDOGRPtQLR´$SHOQž±&kP±UHO-XL])HUUHLUDGH&DVWUR
±MHP±-7$57
3HGLGR
$ ILP GH OLEHUWDUVH GD REULJDomR ORFDWtFLD UHTXHU R DXWRU D
FRQVLJQDomRGRYDORUGH5UHIHUHQWHDR~OWLPRDOXJXHOPHGLDQWH
VXD LQWLPDomR QRV WHUPRV GR DUWLJR  , GR &yGLJR GH 3URFHVVR
&LYLOSDUDTXHSURYLGHQFLHRGHSyVLWRMXGLFLDOGDLPSRUWkQFLDLQGLFDGD
)HLWRRGHSyVLWRUHTXHUDSURFHGrQFLDGDFRQVLJQDomRGHFODUDQGR
9RVVD ([FHOrQFLD HIHWXDGR R GHSyVLWR H H[WLQWD D REULJDomR H QRV
WHUPRVGRDUWGR&yGLJRGH3URFHVVR&LYLO
DFRPSDUHFHQGRDPERVRVUpXVTXHDSHQDVHQWUHHOHVFRQWLQXHR
SURFHVVR D FRUUHU XQLFDPHQWH HQWUH RV SUHVXQWLYRV FUHGRUHV SHOR
SURFHGLPHQWR FRPXP FRQGHQDQGRRV QR SDJDPHQWR GDV FXVWDV H
KRQRUiULRVGHDGYRJDGRGRDXWRU
E FRPSDUHFHQGR DSHQDV XP GRV UpXV D GHFLVmR GH SODQR FRP D
SURFHGrQFLD GD FRQVLJQDomR H R OHYDQWDPHQWR GR GHSyVLWR HP IDYRU
GRFRPSDUHFHQWHTXHGHYHUiVHUFRQGHQDGRQRSDJDPHQWRGHFXVWDV
HKRQRUiULRVGRDXWRU
F QmR FRPSDUHFHQGR QHQKXP GRV UpXV D SURFHGrQFLD GD
FRQVLJQDomR FRQYHUWHQGRVH R GHSyVLWR HP DUUHFDGDomR GH FRLVDV
YDJDV
5HTXHUDLQGDDFRQVLJQDomRGRVDOXJXpLVYLQFHQGRVDWpRWUkQVLWR
HPMXOJDGRGDVHQWHQoDTXHGHFODUDURFUHGRU
&LWDomR
5HTXHURDXWRUGLJQHVH9RVVD([FHOrQFLDGHGHWHUPLQDUDFLWDomR
GRVUpXVQDIRUPDGRDUWLJRLQFLVR,,FRPRVEHQHItFLRVGRDUWLJR
†žDPERVGR&yGLJRGR3URFHVVR&LYLOSDUDTXHSURYHPRVHX
GLUHLWRQRVWHUPRVGRDUWGR&yGLJRGH3URFHVVR&LYLO
3URYDV
5HTXHU SURYDU R DOHJDGR SRU WRGRV RV PHLRV GH SURYD HP GLUHLWR


DGPLWLGRV HVSHFLDOPHQWH SHOR GHSRLPHQWR SHVVRDO GR UpX VRE SHQD
GH FRQILVVmR RLWLYD GH WHVWHPXQKDV SHUtFLDV YLVWRULDV H GHPDLV
SURYDVTXHVHIL]HUHPQHFHVViULDV
9DORUGDFDXVD
'ijFDXVDRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.55.AÇÃO REVISIONAL

([PRD6UD'UD-XL]DGH'LUHLWRGD

 SRU VHXV SURFXUDGRUHV GRF  FRP HVFULWyULR QD  RQGH
UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLD DIRUDU SHOR SURFHGLPHQWR FRPXP HP IDFH GH  D
FRPSHWHQWH
$omRUHYLVLRQDOGHDOXJXHO
RTXHID]FRPIXQGDPHQWRQRVDUWVHVHJXLQWHVGD/HLGH
 GH RXWXEUR GH  SHORV IDWRV H UD]}HV D VHJXLU H[SRVWRV
EXVFDQGR REWHU UHYLVmR H IL[DomR MXGLFLDO GH DOXJXHO DMXVWDQGRR DR
SUHoRGRPHUFDGR
$ DXWRUD ORFRX DR UpX R LPyYHO ORFDOL]DGR QD 5XD  DWUDYpV GH
FRQWUDWRHVFULWRGRFTXHYLJRUDGHVGHSRUWDQWRKiPDLVGH
WUrVDQRV/HLDUWSDJDQGRRUpX5SRUPrV
1DGD REVWDQWH RV HVIRUoRV GD DXWRUD UHFXVDVH R UpX D DFHLWDU D
UHYLVmR DPLJiYHO GR DOXJXHU LQVLVWLQGR HP PDQWHU R YDORU LUULVyULR R
TXHDOLiVOKHpFRQYHQLHQWH
>6HQGR D DomR SURSRVWD SHOR ORFDWiULR SDUD UHGXomR VXEVWLWXLU RV
GRLVSULPHLURVSDUiJUDIRVSRU
³$ DXWRUD ORFRX GR UpX R LPyYHO ORFDOL]DGR QD 5XD  DWUDYpV GH
FRQWUDWRHVFULWRGRFTXHYLJRUDGHVGHSRUWDQWRKiPDLVGH


WUrVDQRV/HLDUWSDJDQGRRUpX5SRUPrV
2FRUUH TXH HP UD]mR GH  R YDORU ORFDWLYR GH PHUFDGR
DWXDOPHQWH DWLQJH QR Pi[LPR 5  PXLWR LQIHULRU DR PRQWDQWH
DWXDO,QVWDGRRORFDGRUQmRVyUHFXVRXVHDSURFHGHUjMXVWDUHGXomR
GRV DOXJXpLV FRPR DEVXUGDPHQWH DFHQRX FRP SUHWHQVmR GH
DXPHQWR´@
eSRVVtYHOYHULILFDUGDVRIHUWDVGHORFDomRGHLPyYHLVVHPHOKDQWHV
DR GD DXWRUD H VLWXDGRV QD PHVPD UHJLmR FRQIRUPH VH YHULILFD GH
UHFHQWHFRQWUDWRGHORFDomR>RXDLQGDFRQIRUPHVHYHULILFDQRSDUHFHU
DQH[R@TXHRYDORUGRDOXJXHOGHPHUFDGRpGH5GRF
$VVLPQmRH[LVWLQGRRXWUDIRUPDEDOGRVRVHVIRUoRVGDDXWRUDSDUD
FRPSRVLomR UD]RiYHO H DPLJiYHO QmR OKH UHVWRX DOWHUQDWLYD VHQmR
VRFRUUHUVHGR3RGHU-XGLFLiULRSDUDREWHUIL[DomRGRDOXJXHOPHQVDO
VHJXQGRRSUHoRGHPHUFDGR
3HGLGR>LQFOXLQGRRGHIL[DomRGHDOXJXHOSURYLVyULR@
,VWRSRVWRUHTXHUDDXWRUD
D D SURFHGrQFLD GD SUHVHQWH DomR FRP D IL[DomR GR DOXJXHO
PHQVDOGRLPyYHOHP5HSURYLVRULDPHQWHQDTXDQWLDGH5
GHYLGD GHVGH D FLWDomR /HL  DUW  LQFLVR ,, PDQWLGD D
SHULRGLFLGDGHGHUHDMXVWHHVWDEHOHFLGDQDFOiXVXODGRFRQWUDWR
EDFRQGHQDomRGRUpXQRSDJDPHQWRGHFXVWDVGHVSHVDVHYHUED
KRQRUiULDIL[DGDHVWDHQWUHRVOLPLWHVOHJDLV
&LWDomR
1RVWHUPRVGRDUW,,GR&yGLJRGH3URFHVVR&LYLOUHTXHUVHD
FLWDomRGRUpXSRULQWHUPpGLRGR6U2ILFLDOGH-XVWLoDSDUDTXHUHQGR
UHVSRQGHU QR SUD]R GH  TXLQ]H GLDV DUW  GR &yGLJR GH
3URFHVVR &LYLO VRE SHQD GH VHUHP WLGRV SRU YHUGDGHLURV WRGRV RV
IDWRVDTXLDOHJDGRVDUWGR&yGLJRGH3URFHVVR&LYLOGHYHQGRR
UHVSHFWLYR PDQGDGR FRQWHU DV ILQDOLGDGHV GD FLWDomR DV UHVSHFWLYDV
GHWHUPLQDo}HV H FRPLQDo}HV EHP FRPR D FySLD GR GHVSDFKR GRD
00 -XL]D FRPXQLFDQGR DLQGD R SUD]R SDUD UHVSRVWD R MXt]R H R
FDUWyULR FRP R UHVSHFWLYR HQGHUHoR IDFXOWDQGRVH DR 6U 2ILFLDO GH
-XVWLoD HQFDUUHJDGR GD GLOLJrQFLD SURFHGHU QRV GLDV H KRUiULRV GH


H[FHomR&3&DUW†ž
2X
5HTXHUVH TXH D FLWDomR GR UpX VHMD HIHWXDGD SHOR FRUUHLR QRV
WHUPRV GRV DUWV  ,  H  GR &yGLJR GH 3URFHVVR &LYLO
MXVWLILFDURPRWLYRQRFRQWUDWRSRVWRTXHDFLWDomRSRVWDOpH[FHomR
QD/HLGR,QTXLOLQDWRHPUD]mRGHUHJUDHVSHFtILFD±DUW,9SDUD
UHVSRQGHU QR SUD]R GH  TXLQ]H GLDV DUW  GR &yGLJR GH
3URFHVVR &LYLO VRE SHQD GH VHUHP WLGRV SRU YHUGDGHLURV WRGRV RV
IDWRVDTXLDOHJDGRVDUWGR&yGLJRGH3URFHVVR&LYLOGHYHQGRR
UHVSHFWLYR PDQGDGR FRQWHU DV ILQDOLGDGHV GD FLWDomR DV UHVSHFWLYDV
GHWHUPLQDo}HV H FRPLQDo}HV EHP FRPR D FySLD GR GHVSDFKR GRD
00 -XL]D FRPXQLFDQGR DLQGD R SUD]R SDUD UHVSRVWD R MXt]R H R
FDUWyULRFRPRUHVSHFWLYRHQGHUHoR
$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLODDXWRUD
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR D DXWRUD GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9DORUGDFDXVD
'iVHjSUHVHQWHRYDORUGH5GR]HYH]HVRDOXJXHOYLJHQWH
7HUPRVHPTXH


 3HGHGHIHULPHQWR
/RFDOHGDWD
1RPHGRDGYRJDGRHQ~PHURGHLQVFULomRQD2$%

13.56.AÇÃO DE PRECEITO COMINATÓRIO PARA PERMITIR A VISTORIA

DO IMÓVEL

([PR6U'U-XL]GH'LUHLWRGD
 SRU VHXV SURFXUDGRUHV GRFXPHQWR  FRP HVFULWyULR QD 
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLD DIRUDU SHOR SURFHGLPHQWR FRPXP ULWR RUGLQiULR HP IDFH
GHDFRPSHWHQWH
$omRGHSUHFHLWRFRPLQDWyULRFRPSHGLGRGHDQWHFLSDomRGHWXWHOD
R TXH ID] FRP VXSHGkQHR QR DUWLJR  ,; GD /HL 
H[SRQGRHUHTXHUHQGRRTXDQWRVHJXH
,±)DWRV
1R GLD  DWUDYpV GH FRQWUDWR HVFULWR GRFXPHQWR  D DXWRUD
ORFRX DR UpX R LPyYHO ORFDOL]DGR QD  FXMR DOXJXHO DWXDO
FRUUHVSRQGHD5PHQVDLV
'HIDWRDDXWRUDQRWLILFRXRUpXQRGLDGRFXPHQWRSDUDTXH
SHUPLWLVVHDYLVWRULDGRLPyYHO
7RGDYLD VHP GDU TXDOTXHU H[SOLFDomR R UpX FRQWUDQRWLILFRX
DGX]LQGR H[SUHVVDPHQWH TXH QmR SHUPLWLULD D SUHWHQVD YLVWRULD
GRFXPHQWR
(QWUHWDQWR D YLVWRULD p XUJHQWH R TXH VH DILUPD HP YLUWXGH GH
QRWLILFDomR UHFHELGD SHOD DXWRUD H HQYLDGD SRU YL]LQKR TXH QRWLFLD
LQILOWUDomR QR VXEVROR GH VXD FDVD GHFRUUHQWH GH YD]DPHQWRV
SURYHQLHQWHVGRLPyYHOORFDGRID]HQGRMXQWDUODXGRTXHDSRQWDULVFR
LPLQHQWH LQFOXVLYH GH GHVDEDPHQWR UHVVDOYDQGR HQWUHWDQWR TXH D
FHUWH]DGDFRQVWDWDomRVyVHUiREWLGDDSyVDYLVWRULD
,,±'LUHLWR
2LQFLVR,;GRDUWLJRGD/HLpFODURDRHVWDEHOHFHUDR


ORFDWiULRDREULJDomRGHSHUPLWLUDYLVWRULDGRLPyYHOSHORORFDGRURX
SRUVHXPDQGDWiULRPHGLDQWHFRPELQDomRSUpYLDGHGLDHKRUD
$VVLPDQWHDUHFXVDGRUpXQmRUHVWRXDOWHUQDWLYDjDXWRUDVHQmR
LQJUHVVDUFRPDSUHVHQWHDomRSDUDH[HUFHUVHXGLUHLWROHJDO
,,, ± 3HGLGR GH WXWHOD DQWHFLSDGD GH XUJrQFLD &yGLJR GH
3URFHVVR&LYLODUWVH
&RPR p QDWXUDO DQWH D SOHWRUD GH IHLWRV TXH DVVREHUED R 3RGHU
-XGLFLiULR R SURFHVVR GHPDQGDUi WHPSR DTXHOH QHFHVViULR SDUD D
GHYLGDLQVWUXomRHGHPDLVDWRVTXHOKHVmRSHUWLQHQWHV
$WpTXHGHFLVmRILQDOVHMDSURIHULGDLQGHSHQGHQWHPHQWHGDYRQWDGH
GH9RVVD([FHOrQFLDFRQVWDWDGRVRVYD]DPHQWRVQRWLFLDGRVRVULVFRV
SRGHUmR VHU WUDGX]LGRV HP IDWRV SRGHQGR RFRUUHU GHVDEDPHQWR GR
LPyYHO
$VVLP FRP VXSHGkQHR QR DUW  GR &yGLJR GH 3URFHVVR &LYLO
SHGHHHVSHUDDDXWRUDTXH9RVVD([FHOrQFLDVHGLJQHGHDQWHFLSDUD
WXWHOD SHGLGD RUGHQDQGR DR UpX TXH SHUPLWD D YLVWRULD GR LPyYHO
PDUFDQGR GLD H KRUD QR SUD]R GH  FLQFR GLDV FRQWDGRV GR
UHFHELPHQWRGDLQLFLDOVRESHQDGHPXOWDGLiULDDVWUHLQWHGH5
RXRXWURYDORUTXH9RVVD([FHOrQFLDHQWHQGHUVXILFLHQWH
,9±3HGLGRGHPpULWR
([SRVLWLVUHTXHUDDXWRUDTXHDRILQDOGLJQHVH9RVVD([FHOrQFLD
GH MXOJDU SURFHGHQWH D SUHVHQWH DomR LPSXWDQGR DR UpX D SHQD GH
PXOWDGLiULDGH5SHORGHVFXPSULPHQWRGDILQDOGHFLVmR&yGLJR
GH 3URFHVVR &LYLO DUWV   H  RX FRQILUPDQGR D WXWHOD
DQWHFLSDGD GHIHULGD FRP D FRQGHQDomR GR UpX QD REULJDomR GH
SHUPLWLUDYLVWRULDGRLPyYHOQRVWHUPRVGRFRQWUDWRHGDOHL
5HTXHUDLQGDDFRQGHQDomRGRUpXQRSDJDPHQWRGDVGHVSHVDV
FXVWDV H KRQRUiULRV DGYRFDWtFLRV TXH 9RVVD ([FHOrQFLD KRXYHU SRU
EHPDUELWUDUQRVOLPLWHVOHJDLV
9±&LWDomR
5HTXHUVH TXH D FLWDomR GR UpX VHMD HIHWXDGD SHOR FRUUHLR QRV
WHUPRVGRVDUWV,HGR&yGLJRGH3URFHVVR&LYLOSDUD
UHVSRQGHU QR SUD]R GH  TXLQ]H GLDV DUW  GR &yGLJR GH


3URFHVVR &LYLO VRE SHQD GH VHUHP WLGRV SRU YHUGDGHLURV WRGRV RV
IDWRVDTXLDOHJDGRVDUWGR&yGLJRGH3URFHVVR&LYLOGHYHQGRR
UHVSHFWLYR PDQGDGR FRQWHU DV ILQDOLGDGHV GD FLWDomR DV UHVSHFWLYDV
GHWHUPLQDo}HV H FRPLQDo}HV EHP FRPR D FySLD GR GHVSDFKR GRD
00 -XL]D FRPXQLFDQGR DLQGD R SUD]R SDUD UHVSRVWD R MXt]R H R
FDUWyULRFRPRUHVSHFWLYRHQGHUHoR
2X
1RVWHUPRVGRDUW,,GR&yGLJRGH3URFHVVR&LYLOUHTXHUVHD
FLWDomRGRUpXSRULQWHUPpGLRGR6U2ILFLDOGH-XVWLoDSDUDTXHUHQGR
UHVSRQGHU QR SUD]R GH  TXLQ]H GLDV DUW  GR &yGLJR GH
3URFHVVR &LYLO VRE SHQD GH VHUHP WLGRV SRU YHUGDGHLURV WRGRV RV
IDWRVDTXLDOHJDGRVDUWGR&yGLJRGH3URFHVVR&LYLOGHYHQGRR
UHVSHFWLYR PDQGDGR FRQWHU DV ILQDOLGDGHV GD FLWDomR DV UHVSHFWLYDV
GHWHUPLQDo}HV H FRPLQDo}HV EHP FRPR D FySLD GR GHVSDFKR GRD
00 -XL]D FRPXQLFDQGR DLQGD R SUD]R SDUD UHVSRVWD R MXt]R H R
FDUWyULR FRP R UHVSHFWLYR HQGHUHoR IDFXOWDQGRVH DR 6U 2ILFLDO GH
-XVWLoD HQFDUUHJDGR GD GLOLJrQFLD SURFHGHU QRV GLDV H KRUiULRV GH
H[FHomR&3&DUW†ž
9,±$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLODDXWRUD
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR R DXWRU GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
9,,±3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH


3URFHVVR&LYLO
9,,,±9DORUGDFDXVD
'iVHjSUHVHQWHRYDORUGH5
7HUPRVHPTXH
SHGHGHIHULPHQWR
'DWD
$GYRJDGR2$%

13.57.EXECUÇÃO DE ALUGUÉIS E ENCARGOS EM FACE DO FIADOR

([PRD6UD'UD-XL]DGH'LUHLWRGD

YHPSRUVHXSURFXUDGRUGRFXPHQWRFRPHVFULWyULRQD
RQGH UHFHEH LQWLPDo}HV UHVSHLWRVDPHQWH SHUDQWH 9RVVD ([FHOrQFLD
DIRUDUHPIDFHGHDFRPSHWHQWH
([HFXomR SRU TXDQWLD FHUWD FRQWUD GHYHGRU VROYHQWH ± 7tWXOR
([WUDMXGLFLDO
R TXH ID] FRP VXSHGkQHR QRV DUWLJRV   9,,, H  H
VHJXLQWHV GR &yGLJR GH 3URFHVVR &LYLO H[SRQGR H UHTXHUHQGR R
TXDQWRVHJXH
2 H[HTXHQWH p FUHGRU GD LPSRUWkQFLD GH 5  GHYLGD SHORV
H[HFXWDGRVGHDFRUGRFRPDPHPyULDGHFiOFXORVDQH[DGRFXPHQWR
 ± &yGLJR GH 3URFHVVR &LYLO DUW  , ³E´ H SDUiJUDIR ~QLFR H
LQVWUXPHQWRSDUWLFXODUGHFRQWUDWRGHORFDomRDVVLQDGRSHODVSDUWHVH
GXDVWHVWHPXQKDVHPGRFXPHQWR
7UDWDVH SRUWDQWR GH WtWXOR H[HFXWLYR H[WUDMXGLFLDO &yGLJR GH
3URFHVVR&LYLODUW9,,,GHFRUUHQWHGHREULJDomROtTXLGDFHUWDH
H[LJtYHO&yGLJRGH3URFHVVR&LYLODUW
$ SUHVHQWH H[HFXomR GHFRUUH GH DOXJXpLV H HQFDUJRV QmR SDJRV
SHOR DILDQoDGR GRV H[HFXWDGRV TXH UHQXQFLDUDP DR EHQHItFLR GH
RUGHPHVHGHFODUDUDPVROLGiULRVQRFRQWUDWRGRFXPHQWR
1DGD REVWDQWH RV HVIRUoRV GR FUHGRU TXH VHP VXFHVVR WHQWRX
DPLJDYHOPHQWH UHFHEHU R YDORU TXH OKH p GHYLGR QHJDPVH RV


GHYHGRUHV D VDOGDU R GpELWR REULJDQGRR D VRFRUUHUVH GR 3RGHU
-XGLFLiULRRTXHID]SRULQWHUPpGLRGDSUHVHQWHDomRGHH[HFXomR
&LWDomRH3HGLGR
1mR UHVWDQGR RXWUR PHLR GH UHFHEHU p D SUHVHQWH SDUD UHTXHUHU
GLJQHVH9RVVD([FHOrQFLDGH
D'HWHUPLQDUVHMDPFLWDGRVRVH[HFXWDGRVSHORFRUUHLRQRVWHUPRV
GRV DUWV  ,  H  GR &yGLJR GH 3URFHVVR &LYLO RX
VXEVLGLDULDPHQWHMXVWLILFDQGRSRULQWHUPpGLRGR6U2ILFLDOGH-XVWLoD
FRPRVSHUPLVVLYRVGRDUWLJR†ƒGR&yGLJRGH3URFHVVR&LYLO
SDUD SDJDU HP  WUrV GLDV R YDORU GH 5  DFUHVFLGR GH MXURV
OHJDLV FRUUHomR PRQHWiULD FXVWDV H KRQRUiULRV DGYRFDWtFLRV GH 
QRVWHUPRVGRDUWGR&yGLJRGH3URFHVVR&LYLO
&DVRQmRKDMDSDJDPHQWRQRSUD]ROHJDOGHWUrVGLDVUHTXHUVH
GHVGH Mi R DFUpVFLPR DRV KRQRUiULRV TXH GHYHUmR VHU GH  GR
YDORUH[HFXWDGR&3&DUWFRPDSHQKRUDGHGLQKHLUR&3&DUW
,H†žSHORVLVWHPDGR%DQFR&HQWUDO
&DVR VH IUXVWUH D SHQKRUD GH GLQKHLUR UHTXHUVH D H[SHGLomR GH
PDQGDGRGHSHQKRUDGHWDQWRVEHQVTXDQWRVEDVWHPSDUDJDUDQWLUD
H[HFXomRDVHUFXPSULGRSRULQWHUPpGLRGR6U2ILFLDOGH-XVWLoDRX
D SHQKRUD GR LPyYHO FRQVLVWHQWH HP  GRFXPHQWR  ± PDWUtFXOD
PHGLDQWHWHUPRQRVDXWRVGHDFRUGRFRPRDUWHDUW†ž
GR&3&
&DVR R H[HFXWDGR QmR VHMD HQFRQWUDGR SDUD FLWDomR H[ YL OHJLV
&3& DUW  UHTXHU R DUUHVWR GR LPyYHO LQGLFDGR H FXMD PDWUtFXOD
VHJXH DQH[D GRFXPHQWR  FXPSULGDV DV IRUPDOLGDGHV OHJDLV
VHJXLQGR R SURFHVVR QRV WHUPRV GD /HL FRP D FLWDomR GR H[HFXWDGR
SRU HGLWDO ILQGR R TXDO KDYHUi DXWRPiWLFD FRQYHUVmR GR DUUHVWR HP
SHQKRUD &3& DUW  † ž $SHQDV SDUD R FDVR GH VHUHP
FRQKHFLGRVEHQVSHQKRUiYHLVGRH[HFXWDGR&DVRFRQWUiULRDFLWDomR
GHYH VHU UHTXHULGD GHSRLV GH HVJRWDGDV DV WHQWDWLYDV PHVPR VHP
DUUHVWR SRU HGLWDO † ž DUW  GR &3& ³$omR GH H[HFXomR GH
WtWXORH[WUDMXGLFLDO&LWDomRUHDOL]DGDSRUHGLWDO9DOLGDGH&LWDomRILFWD
RFRUULGD DSyV GLOLJrQFLDV YLVDQGR j REWHQomR GH QRYR HQGHUHoR GR
H[HFXWDGR$SOLFDomRGRGLVSRVWRQRDUWLJR,,&3&>DWXDODUW


,,@ 3UHVFULomR ,QRFRUUrQFLD ,QWHUUXSomR GR SUD]R SUHVFULFLRQDO
,QWHOLJrQFLD GR DUWLJR  &3& >DWXDO DUW @ $JUDYR LPSURYLGR´
7-63  ± 5HODWRUD 6RDUHV /HYDGD ±
&RPDUFD6RURFDED±ÏUJmRMXOJDGRU&kPDUDGH'LUHLWR3ULYDGR
± 'DWD GR MXOJDPHQWR  ± 'DWD GH UHJLVWUR  ±
2XWURVQ~PHURV
2X SDUD R FDVR GH QmR VHUHP FRQKHFLGRV EHQV SHQKRUiYHLV GR
H[HFXWDGR
D5HTXHUVHGHVGHMiFDVRQmRKDMDSDJDPHQWRHPWUrVGLDV
H R 6U 2ILFLDO GH -XVWLoD QmR ORFDOL]H EHQV SHQKRUiYHLV GRV
H[HFXWDGRV TXH VHMDP HOHV LQWLPDGRV SDUD QR SUD]R GH  FLQFR
GLDVLQGLFDUEHQVSDVVtYHLVGHSHQKRUDVRESHQDGHDWRDWHQWDWyULRj
GLJQLGDGHGD-XVWLoDHPXOWDGHGRYDORUGDH[HFXomRQRVWHUPRV
GRVDUWV9HVHXSDUiJUDIR~QLFRGR&3&
E 5HTXHUVH D LQWLPDomR GD SHQKRUD DWUDYpV GRV DGYRJDGRV GR
H[HFXWDGR FRQVWLWXtGRV QRV DXWRV &3& DUW  †† ž H ž RX SRU
YLDSRVWDOFDVRQmRWHQKDDGYRJDGRFRQVWLWXtGR
F 3RU ILP WHQGR HP YLVWD R WHRU GRV DUWV  H  † ž GR
&yGLJR GH 3URFHVVR &LYLO UHTXHU D H[HTXHQWH TXH D SHQKRUD VHMD
UHJLVWUDGDSRUPHLRHOHWU{QLFRRXLPSRVVtYHODSUiWLFDGRDWRSRUPHLR
HOHWU{QLFR SHOD VHUYHQWLD D H[SHGLomR GH FHUWLGmR GH LQWHLUR WHRU GR
DWR SDUD UHJLVWUR QD PDWUtFXOD GR LPyYHO D VHU SHQKRUDGRDUUHVWDGR
GH SURSULHGDGH GR H[HFXWDGR GRFXPHQWR  QRV WHUPRV GRV DUWLJRV
,HGD/HL
3URYDV
3HOD QDWXUH]D GD DomR H[HFXomR SURWHVWD SRU SURYDU R DOHJDGR
XQLFDPHQWHSRULQWHUPpGLRGRWtWXORTXHLQVWUXLDH[RUGLDOGRFXPHQWR

9DORUGD&DXVD
$WULEXLVHjSUHVHQWHH[HFXomRRYDORUGH5
7HUPRVHPTXH
3HGHGHIHULPHQWR
'DWD


 $GYRJDGRD
'RFXPHQWR
3URFXUDomR
'RFXPHQWR
7tWXOR([HFXWLYR
'RFXPHQWR
'HPRQVWUDWLYRGR'pELWR
'RFXPHQWR
0DWUtFXODGR,PyYHOSDUDSHQKRUDDUUHVWR

13.58.ADJUDICAÇÃO DO IMÓVEL POR AFRONTA AO DIREITO DE

PREFERÊNCIA

([PR6U'U-XL]GH'LUHLWRGD
SRUVHXVSURFXUDGRUHVGRFXPHQWRFRPHVFULWyULRQD
RQGH UHFHEHUmR LQWLPDo}HV YHP UHVSHLWRVDPHQWH SHUDQWH 9RVVD
([FHOrQFLD DIRUDU SHOR SURFHGLPHQWR FRPXP ULWR RUGLQiULR HP IDFH
GHDFRPSHWHQWH
$omRGHDGMXGLFDomR
R TXH ID] FRP VXSHGkQHR QRV DUWLJRV  D  GD /HL 
H[SRQGRHUHTXHUHQGRRTXDQWRVHJXH
,±)DWRV
$ DXWRUD p ORFDWiULD GD VHJXQGD Up HP YLUWXGH GH FRQWUDWR GH
ORFDomRGRLPyYHOORFDOL]DGRQDGRFXPHQWRILUPDGRHP
SHORSUD]RGHWULQWDPHVHVFXMRDOXJXHODWXDOLPSRUWDHP5
PHQVDLV
1R~OWLPRGLDKiPHQRVGHVHLVPHVHVSRUWDQWRDSULPHLUDUp
SURSULHWiULD GR LPyYHO ORFDGR R YHQGHX j VHJXQGD Up SHOR SUHoR GH
5FRQIRUPHSURYDDFySLDGDHVFULWXUDTXHIRLUHJLVWUDGDMXQWRj
PDWUtFXODQRGLDGRFXPHQWRVH
2FRUUH TXH D YHQGD IRL IHLWD VHP TXH KRXYHVVH TXDOTXHU
FRPXQLFDomR j DXWRUD DIURQWDQGR VHX GLUHLWR GH SUHIHUrQFLD


PRUPHQWHTXHRFRQWUDWRGHORFDomRIRLDYHUEDGRMXQWRjPDWUtFXODQR
GLDPDLVGHWUrVPHVHVDQWHVGDDOLHQDomR
&RPR D DXWRUD SRVVXL FRQGLo}HV HFRQ{PLFDV H ILQDQFHLUDV GH
DGTXLULU R LPyYHO FRQIRUPH SURYD VHX H[WUDWR GH DSOLFDo}HV MXQWR DR
%DQFRGRFXPHQWRUHVWD HYLGHQWHTXHIRLYLRODGRVHXGLUHLWR
GHSUHIHUrQFLDQDDTXLVLomR
6HQGR DVVLP QmR OKH UHVWRX DOWHUQDWLYD VHQmR H[HUFHU D VHTXHOD
DGMXGLFDWyULDDWHRUGRTXHGLVS}HRDUWGD/HL
,,±3HGLGR
'LDQWHGRH[SRVWRFRPRGHSyVLWRGDTXDQWLDGH5UHTXHUD
DXWRUD D SURFHGrQFLD GD DomR GHWHUPLQDQGR 9RVVD ([FHOrQFLD D
DGMXGLFDomR GR LPyYHO SRU VHQWHQoD FRQGHQDQGR RV UpXV QR
SDJDPHQWR GDV GHVSHVDV FXVWDV H KRQRUiULRV DGYRFDWtFLRV TXH
9RVVD([FHOrQFLDKRXYHUSRUEHPDUELWUDU
6XEVLGLDULDPHQWH &yGLJR GH 3URFHVVR &LYLO DUW  QmR VHQGR
SRVVtYHO DFROKHU R SHGLGR GH DGMXGLFDomR UHTXHU D DXWRUD D
FRQGHQDomR GRV UpXV QR SDJDPHQWR GDV SHUGDV H GDQRV
FRQVXEVWDQFLDGRVQDVVHJXLQWHVYHUEDV
'LIHUHQoDHQWUHRYDORUGHPHUFDGRHRYDORUSDJRSHORUpXDFRUGH
FRPDYDOLDo}HVHSXEOLFDo}HVGHDQ~QFLRVHPMRUQDLVGRFXPHQWR
'HVSHVDVGHPXGDQoDGDDXWRUDGRFXPHQWR
,,,±&LWDomR
5HTXHUVH TXH D FLWDomR GDV UpV VHMD HIHWXDGD SHOR FRUUHLR QRV
WHUPRVGRVDUWV,HGR&yGLJRGH3URFHVVR&LYLOSDUD
UHVSRQGHU QR SUD]R GH  TXLQ]H GLDV DUW  GR &yGLJR GH
3URFHVVR &LYLO VRE SHQD GH VHUHP WLGRV SRU YHUGDGHLURV WRGRV RV
IDWRVDTXLDOHJDGRVDUWGR&yGLJRGH3URFHVVR&LYLOGHYHQGRR
UHVSHFWLYR PDQGDGR FRQWHU DV ILQDOLGDGHV GD FLWDomR DV UHVSHFWLYDV
GHWHUPLQDo}HV H FRPLQDo}HV EHP FRPR D FySLD GR GHVSDFKR GRD
00 -XL]D FRPXQLFDQGR DLQGD R SUD]R SDUD UHVSRVWD R MXt]R H R
FDUWyULRFRPRUHVSHFWLYRHQGHUHoR
2X
1RVWHUPRVGRDUW,,GR&yGLJRGH3URFHVVR&LYLOMXVWLILFDUR


PRWLYR SRVWR TXH D FLWDomR SRU 2ILFLDO GH -XVWLoD p VXEVLGLiULD
UHTXHUVH D FLWDomR GDV UpV SRU LQWHUPpGLR GR 6U 2ILFLDO GH -XVWLoD
SDUDTXHUHQGRUHVSRQGHUQRSUD]RGHTXLQ]HGLDVDUWGR
&yGLJR GH 3URFHVVR &LYLO VRE SHQD GH VHUHP WLGRV SRU YHUGDGHLURV
WRGRV RV IDWRV DTXL DOHJDGRV DUW  GR &yGLJR GH 3URFHVVR &LYLO
GHYHQGR R UHVSHFWLYR PDQGDGR FRQWHU DV ILQDOLGDGHV GD FLWDomR DV
UHVSHFWLYDV GHWHUPLQDo}HV H FRPLQDo}HV EHP FRPR D FySLD GR
GHVSDFKR GRD 00 -XL]D FRPXQLFDQGR DLQGD R SUD]R SDUD
UHVSRVWDRMXt]RHRFDUWyULRFRPRUHVSHFWLYRHQGHUHoRIDFXOWDQGR
VH DR 6U 2ILFLDO GH -XVWLoD HQFDUUHJDGR GD GLOLJrQFLD SURFHGHU QRV
GLDVHKRUiULRVGHH[FHomR&3&DUW†ž
,9±$XGLrQFLDGH&RQFLOLDomR
1RVWHUPRVGRDUW†žGR&yGLJRGH3URFHVVR&LYLORDXWRU
GHVGH Mi PDQLIHVWD SHOD QDWXUH]D GR OLWtJLR GHVLQWHUHVVH HP
DXWRFRPSRVLomR
2X
7HQGR HP YLVWD D QDWXUH]D GR GLUHLWR H GHPRQVWUDQGR HVStULWR
FRQFLOLDGRUDSDUGDVLQ~PHUDVWHQWDWLYDVGHUHVROYHUDPLJDYHOPHQWH
D TXHVWmR D DXWRUD GHVGH Mi QRV WHUPRV GR DUW  GR &yGLJR GH
3URFHVVR &LYLO PDQLIHVWD LQWHUHVVH HP DXWRFRPSRVLomR DJXDUGDQGR
DGHVLJQDomRGHDXGLrQFLDGHFRQFLOLDomR
9±3URYDV
5HTXHUVHSURYDURDOHJDGRSRUWRGRVRVPHLRVGHSURYDHPGLUHLWR
DGPLWLGRV LQFOXLQGR SHUtFLD SURGXomR GH SURYD GRFXPHQWDO
WHVWHPXQKDO LQVSHomR MXGLFLDO GHSRLPHQWR SHVVRDO VRE SHQD GH
FRQILVVmR FDVR R UpX RX VHX UHSUHVHQWDQWH QmR FRPSDUHoD RX
FRPSDUHFHQGR VH QHJXH D GHSRU DUW  † ž GR &yGLJR GH
3URFHVVR&LYLO
9,±9DORUGDFDXVD
'iVHjSUHVHQWHRYDORUGH5YDORUGRLPyYHO
7HUPRVHPTXH
SHGHGHIHULPHQWR
/RFDOHGDWD


 $GYRJDGR2$%

13.59.NOTIFICAÇÃO PARA CONCEDER AO LOCATÁRIO O DIREITO DE

PREFERÊNCIA

127,),&$d­2
1RWLILFDGRORFDWiULRTXDOLILFDomRFRPSOHWDHHQGHUHoRFRP&(3
1RWLILFDQWHORFDGRUTXDOLILFDomRFRPSOHWDHHQGHUHoRFRP&(3
5HI&RQFHVVmRGRGLUHLWRGHSUHIHUrQFLDQRVWHUPRVGRDUWGD
/HL
(PUD]mRGRFRQWUDWRGHORFDomRGRLPyYHOORFDOL]DGRjILUPDGR
HQWUHDVSDUWHVQRGLDHUHVSHFWLYRVDGLWDPHQWRVILUPDGRVHP
VHUYH D SUHVHQWH SDUD FRQFHGHU D 9RVVDV 6HQKRULDV R GLUHLWR GH
SUHIHUrQFLDSDUDDTXLVLomRGRLPyYHOORFDGR
3DUD WDQWR VHJXHP DV FRQGLo}HV GR QHJyFLR D VHU FRQFOXtGR GH
DFRUGRFRPRIHUWDUHFHELGDGHWHUFHLUR
3UHoR7RWDO
)RUPDGH3DJDPHQWR
WUDQVFUHYHUWRGDVDVGHPDLVFRQGLo}HVGRQHJyFLR
$ GRFXPHQWDomR UHIHUHQWH DR QHJyFLR EHP FRPR UHIHUHQWH DR
LPyYHOSRGHVHUH[DPLQDGDSRU9RVVDV6HQKRULDVFDVRTXHLUDP
QRVHJXLQWHHQGHUHoRGHYHQGRSDUDWDQWRFRQILUPDURLQWHUHVVH
QR VHX H[DPH PHGLDQWH HQYLR GH FRPXQLFDomR SRU TXDOTXHU PHLR
LQHTXtYRFRDRHQGHUHoRGRORFDGRU
3RU ILP D DFHLWDomR GDV FRQGLo}HV RUD HVWDEHOHFLGDV GHYH VHU
PDQLIHVWDGDQRSUD]RLPSURUURJiYHOGHGLDVQRVWHUPRVGRDUW
GD/HL
(UDRTXHKDYLDSDUDQRWLILFDU
/RFDOHGDWD
1RPHGR/RFDGRU±QRWLILFDQWH


%$37,67$ '$ 6,/9$ 2YtGLR $ 'R SURFHVVR FDXWHODU 5LR GH -DQHLUR
)RUHQVH
%$5%26$ 025(,5$ -RVp &DUORV &RPHQWiULRV DR &yGLJR GH 3URFHVVR
&LYLOHG5LRGH-DQHLUR)RUHQVHYRO9
%(1-$0,1 $QWRQLR +HUPDQ GH 9DVFRQFHOORV H &yGLJR EUDVLOHLUR GH
GHIHVD GR FRQVXPLGRU FRPHQWDGR SHORV DXWRUHV GR DQWHSURMHWR 5LR GH
-DQHLUR)RUHQVH8QLYHUVLWiULD
%(9,/$&48$ &OyYLV && GRV (( 88 GR %UD]LO 5LR GH -DQHLUR
)UDQFLVFR$OYHVYRO,,,
BBBBBB&yGLJR&LYLOFRPHQWDGR5LRGH-DQHLUR)DQFLVFR$OYHVDUW

&$/021 '( 3$6626 &RPHQWiULRV DR &yGLJR GH 3URFHVVR &LYLO 6mR
3DXOR57YRO;W,
&$0%, (GXDUGR H 1$/,1 3DXOR ,Q 1HU\ -U 1HOVRQ H :$0%,(5
7HUHVD $UUXGD $OYLP $VSHFWRV SROrPLFRV H DWXDLV GRV UHFXUVRV FtYHLV
6mR3DXOR57Y
(11(&(586 H /(+0$11 'HUHFKRGHREOLJDFLRQHV %DUFHORQD  †
Y
)(55(,5$:LOOLDQ6DQWRV$VSHFWRVSROrPLFRVHSUiWLFRVGDQRYDUHIRUPD
SURFHVVXDOFLYLO5LRGH-DQHLUR)RUHQVH
)5$1&,6&2:DOWHUGH0DWHPiWLFDILQDQFHLUD6mR3DXOR$WODV
*21d$/9(6 &DUORV 5REHUWR 'LUHLWR GDV FRLVDV 6mR 3DXOR 6DUDLYD

/$5(1=.DUO/HKUEXFKGHVVFKXOGUHFKWVHG0QFKHQ%HFNQ
Y,,
/,6%2$ 5REHUWR 6HQLVH 5HODomR GH FRQVXPR H SURWHomR MXUtGLFD GR
FRQVXPLGRUQRGLUHLWREUDVLOHLUR6mR3DXOR-XDUH]GH2OLYHLUD
0$&+$'2 $QWRQLR &OiXGLR GD &RVWD &yGLJR GH 3URFHVVR &LYLO
LQWHUSUHWDGR6mR3DXOR6DUDLYD


0(,5(//(6+HO\/RSHV'LUHLWRGHFRQVWUXLUHG6mR3DXOR0DOKHLURV

1(5< -81,25 1HOVRQ H $1'5$'( 1(5< 5RVD 0DULD GH &yGLJR GH
3URFHVVR&LYLOFRPHQWDGR6mR3DXOR57
12*8(,5$ $QWRQLR GH 3iGXD 6RXEKLH +RQRUiULRV DGYRFDWtFLRV
H[WUDMXGLFLDLV EUHYH DQiOLVH H KDUPRQL]DomR GRV DUWLJRV   H 
GR QRYR &yGLJR FLYLO H GR DUWLJR  GR &yGLJR GH SURFHVVR FLYLO 5HYLVWD
)RUHQVHYQSSPDUDEU
181(6 /XL] $QWRQLR 5L]]DWWR &RPHQWiULRV DR &yGLJR GH 'HIHVD GR
&RQVXPLGRU6mR3DXOR6DUDLYD
3(5(,5$&DLR0iULRGD6LOYD,QVWLWXLo}HVGHGLUHLWRFLYLO5LRGH-DQHLUR
)RUHQVHY,,
3(5(,5$ 0iULR *HUDOGR 3ODQR EiVLFR GH DPRUWL]DomR SHOR VLVWHPD
IUDQFrVHUHVSHFWLYRIDWRUGHFRQYHUVmR'LVVHUWDomR'RXWRUDPHQWR6mR
3DXOR)&($
3,172 1HOVRQ /XL] 0DQXDO GRV UHFXUVRV FtYHLV 6mR 3DXOR 0DOKHLURV

52'5,*8(6 6LOYLR $omR SDXOLDQD RX UHYRFDWyULD (QFLFORSpGLD 6DUDLYD
GR'LUHLWR6mR3DXOR6DUDLYDYRO
52'5,*8(6 6LOYLR 'LUHLWR FLYLO 3DUWH JHUDO GDV REULJDo}HV 6mR 3DXOR
6DUDLYDY
6&$921( -81,25 /XL] $QWRQLR 'R GHVFXPSULPHQWR GDV REULJDo}HV
FRQVHTXrQFLDV j OX] GR SULQFtSLR GD UHVWLWXLomR LQWHJUDO 6mR 3DXOR - GH
2OLYHLUD
BBBBBB 2EULJDo}HV DERUGDJHP GLGiWLFD  HG DWXDO H DXP 6mR 3DXOR
-XDUH]GH2OLYHLUD
6&,$6&,$*DHWDQR6LQRSVH GH GLUHLWR URPDQR  HG 6mR 3DXOR 6DUDLYD

6(17,6 0(/(1'2 6DQWLDJR /D SUXHED HV OLEHUWDG /D SUXHED /RV
JUDQGHVWHPDVGHOGHUHFKRSUREDWRULR%XHQRV$LUHV(-($
6,*/,7= *DEULHO $ 3URWHFFLyQ MXUtGLFD GHO FRQVXPLGRU %XHQRV $LUHV
'HSDOPD
6,/9$ 2YtGLR $ %DSWLVWD GD $omR GH LPLVVmR GH SRVVH 6mR 3DXOR 57


 
7(55$ 0DUFHOR $OLHQDomR ILGXFLiULD GH LPyYHO HP JDUDQWLD /HL Qž
SULPHLUDVOLQKDV3RUWR$OHJUH)DEULV
*UiILFD6DQWXiULR±
&yG

BBBBBBBBBBBBBBBB


ËQGLFH
)URQWLVStFLR 
*(1 
3iJLQDGHURVWR 
&UpGLWRV 
6XPiULR 
,QWURGXomR 
)OX[RJUDPDSDUDRSURFHGLPHQWRFRPXP 
3UD]RVQD/HL&yGLJRGH3URFHVVR&LYLO 
&DStWXOR±3URFXUDomR³DGMXGLFLD´HFRQWUDWRGH

KRQRUiULRV
3URFXUDomR 
&RQWUDWRGHKRQRUiULRV 
&DStWXOR±,QWHUYHQomRGHWHUFHLURV 
3HGLGRGHDVVLVWrQFLD 
'HQXQFLDomRGDOLGHHPHPEDUJRVGHWHUFHLUR 
&KDPDPHQWRDRSURFHVVR 
,QFLGHQWHGHGHVFRQVLGHUDomRGDSHUVRQDOLGDGHMXUtGLFD

FRPSHGLGRGHWXWHODSURYLVyULDGHXUJrQFLD
3HGLGRGHLQWHUYHQomRQDTXDOLGDGHGHDPLFXVFXULDH 
&DStWXOR±3URFHGLPHQWRFRPXP 
3HWLomRLQLFLDOFRPSHGLGRGHWXWHODSURYLVyULDGH

XUJrQFLDHGHHYLGrQFLD
&RQWHVWDomRFRPUHFRQYHQomR 
&RQWHVWDomRQR-XL]DGR(VSHFLDO&tYHO 
5pSOLFD 
(PHQGDGDLQLFLDOSDUDVXEVWLWXLURUpXHPUD]mRGH

DOHJDomRGHLOHJLWLPLGDGHHPFRQWHVWDomR
(PHQGDGDLQLFLDOSDUDLQFOXLUUpXHPUD]mRGHDOHJDomR

GHLOHJLWLPLGDGHHPFRQWHVWDomR
3HWLomRLQLFLDO±FREUDQoDGHGpELWRVFRQGRPLQLDLV±


 XWLOL]DomRGDIDFXOGDGHGDDomRGHFRQKHFLPHQWRDLQGDTXH 
KDMDWtWXORH[HFXWLYRH[WUDMXGLFLDO&3&DUW
&RQWHVWDomRGHDomRGHFREUDQoDGHGpELWRVFRQGRPLQLDLV 
3HWLomRLQLFLDO±DomRUHGLELWyULD±UHVWLWXLomRGDV
TXDQWLDVSDJDV±UHTXHULPHQWRSDUDTXHDFLWDomRVHMDHIHWXDGD
SRULQWHUPpGLRGRVLVWHPDGHFDGDVWURGHSURFHVVRVHPDXWRV 
HOHWU{QLFRVQRVWHUPRVGRDUW†žGR&yGLJRGH
3URFHVVR&LYLO
3HGLGRQDDomRGHSUHFHLWRFRPLQDWyULR±REULJDomRGH

ID]HU
3HWLomRLQLFLDO±DomRGHLQGHQL]DomRHPIDFHGH
FRQVWUXWRUDFRPSHGLGRGHWXWHODGHXUJrQFLDSDUDUHDOL]DomR 
GHSURYDSHULFLDODQWHFLSDGD
3HWLomRLQLFLDO±DomRGHFREUDQoD 
3HWLomRLQLFLDO±DomRUHLYLQGLFDWyULDFRPSHGLGRGH

WXWHODSURYLVyULDGHXUJrQFLDGHQDWXUH]DDQWHFLSDGD
3HWLomRLQLFLDO±DomRGHDGMXGLFDomRFRPSXOVyULD 
3HWLomRLQLFLDO±DomRGHREULJDomRGHID]HU 
$omRGHQXQFLDomRGHREUDQRYD 
&DStWXOR±7XWHODSURYLVyULDGHXUJrQFLD 
7XWHODSURYLVyULDDQWHFLSDGDUHTXHULGDHPFDUiWHU

DQWHFHGHQWH
7XWHODSURYLVyULDGHXUJrQFLDFDXWHODUUHTXHULGDHP

FDUiWHUDQWHFHGHQWH
&DStWXOR±$UJXLomRGHIDOVLGDGH 
$UJXLomRGHIDOVLGDGHGHGRFXPHQWRQRYR 
$omRDXW{QRPD 
&DStWXOR±3URGXomRDQWHFLSDGDGHSURYDV 
&DStWXOR±&XPSULPHQWRGHVHQWHQoD 
3HWLomRUHTXHUHQGRRFXPSULPHQWRSURYLVyULRGHVHQWHQoD
TXHUHFRQKHFHH[LJLELOLGDGHGHREULJDomRGHSDJDUTXDQWLD 
FHUWD
3HWLomRUHTXHUHQGRRFXPSULPHQWRGHILQLWLYRGHVHQWHQoD
TXHUHFRQKHFHH[LJLELOLGDGHGHREULJDomRGHSDJDUTXDQWLD 
FHUWD


 3HWLomRUHTXHUHQGRFRQVWULomRGHEHQVHPUD]mRGD 
IUXVWUDomRGDSHQKRUDLQLFLDO
3HWLomRUHTXHUHQGRRFXPSULPHQWRGHVHQWHQoDRX
GHFLVmRLQWHUORFXWyULDTXHUHFRQKHFHH[LJLELOLGDGHGH 
REULJDomRGHSUHVWDUDOLPHQWRV
3HWLomRUHTXHUHQGRRFXPSULPHQWRGHILQLWLYRGHVHQWHQoD
TXHUHFRQKHFHH[LJLELOLGDGHGHREULJDomRGHID]HUQmRID]HU 
RXHQWUHJDUFRLVD
3HORUHVXOWDGRSUiWLFRHTXLYDOHQWH 
0HGLDQWHLPSRVLomRGHPXOWDDVWUHLQWHVRXEXVFD

HDSUHHQVmR
3HWLomRUHTXHUHQGRRFXPSULPHQWRGHILQLWLYRGHVHQWHQoD
TXHUHFRQKHFHH[LJLELOLGDGHGHREULJDomRGHSDJDUTXDQWLD 
FHUWDSHOD)D]HQGD3~EOLFD
3HWLomRGRGHYHGRURIHUWDQGRRSDJDPHQWRHP
FXPSULPHQWRGHVHQWHQoDTXHUHFRQKHFHH[LJLELOLGDGHGH 
REULJDomRGHSDJDUTXDQWLDFHUWD
,PSXJQDomRDRFXPSULPHQWRGHVHQWHQoD±H[FHVVRGH

H[HFXomR
,PSXJQDomRDRFXPSULPHQWRGHVHQWHQoD±RXWUDVFDXVDV 
&DStWXOR±3URFHGLPHQWRV(VSHFLDLV 
$omRGHFRQVLJQDomRHPSDJDPHQWR 
$omRGHH[LJLUFRQWDVSUHVWDomRGHFRQWDV 
$o}HVSRVVHVVyULDV 
1RWLILFDomR 
5HLQWHJUDomRGHSRVVH 
5HLQWHJUDomRGHSRVVHDSyVDFRQVROLGDomRGD

SURSULHGDGHQDDOLHQDomRILGXFLiULDGHEHPLPyYHO
0DQXWHQomRGHSRVVH 
,QWHUGLWRSURLELWyULR 
$omRGHGLYLVmRGHWHUUDVSDUWLFXODUHV 
$omRGHGHPDUFDomRGHWHUUDVSDUWLFXODUHV 
$omRGHGLVVROXomRSDUFLDOGHVRFLHGDGH 
,QYHQWiULRHSDUWLOKD 
3HGLGRGHDEHUWXUDGH,QYHQWiULR 


 3ULPHLUDVGHFODUDo}HV 
3HGLGRGHFRODomR 
+DELOLWDomRGHFUpGLWR 
(VERoRGHSDUWLOKD 
$UURODPHQWRVXPiULR 
$UURODPHQWRDUWGR&3& 
6REUHSDUWLOKD 
(PEDUJRVGHWHUFHLUR 
2SRVLomR 
+DELOLWDomR 
$o}HVGHIDPtOLD 
'LYyUFLR 
5HFRQKHFLPHQWRHH[WLQomRGHXQLmRHVWiYHO 
5HJXODPHQWDomRGHJXDUGDHYLVLWDFXPXODGDFRP

DOLPHQWRV
,QYHVWLJDomRGHSDWHUQLGDGH 
$OLPHQWRV 
5HYLVmRHH[RQHUDomRGHDOLPHQWRV 
$omRPRQLWyULD 
&DStWXOR±3URFHGLPHQWRVGHMXULVGLomRYROXQWiULD 
$OLHQDomR-XGLFLDO±H[WLQomRGHFRQGRPtQLR±DomRGH

YHQGDGDFRLVDFRPXP
1RWLILFDomRMXGLFLDO 
'LYyUFLRFRQVHQVXDO 
([WLQomRFRQVHQVXDOGHXQLmRHVWiYHO 
3HGLGRGHDOWHUDomRGRUHJLPHPDWULPRQLDO 
$omRSDUDVXSULPHQWRGHRXWRUJDFRQMXJDO 
,QWHUGLomR 
&DStWXOR±([HFXomRGHWtWXORH[WUDMXGLFLDO 
([HFXomRSRUTXDQWLDFHUWD 
([HFXomRSRUTXDQWLDFHUWD±FRQGRPtQLRV 
([HFXomRSDUDHQWUHJDGHFRLVD 
,PSXJQDomRDRSHGLGRGRH[HFXWDGRGHUHXQLmRGDDomR

GHH[HFXomRFRPDomRGHFRQKHFLPHQWRDQXODWyULD


 ([HFXomRGHREULJDomRGHID]HURXGHQmRID]HU 
([HFXomRFRQWUDD)D]HQGD3~EOLFD 
([HFXomRGHDOLPHQWRV 
&DStWXOR±(PEDUJRVjH[HFXomR 
&DStWXOR±5HFXUVRV 
$JUDYRGH,QVWUXPHQWR±GHFLVmRTXHQHJDDQWHFLSDomR

GHWXWHODWXWHODGHXUJrQFLDHYLGrQFLD
$JUDYRLQWHUQR 
'HGHFLVmRPRQRFUiWLFDTXHGiSURYLPHQWRDR

5HFXUVR(VSHFLDO
'HGHFLVmRPRQRFUiWLFDTXHQHJDVHJXLPHQWRDR

5HFXUVR(VSHFLDO
(PEDUJRVGHGHFODUDomR 
$SHODomR 
5HFXUVR2UGLQiULR 
5HFXUVR(VSHFLDO 
3HGLGRGHDWULEXLomRGHHIHLWRVXVSHQVLYRD5HFXUVR

(VSHFLDOLQWHUSRVWR
$JUDYRHP5HFXUVR(VSHFLDOHHP5HFXUVR

([WUDRUGLQiULR
5HFXUVR([WUDRUGLQiULR 
&RQWUDUUD]}HVD5HFXUVRV(VSHFLDORX([WUDRUGLQiULR 
(PEDUJRVGHGLYHUJrQFLD 
$omRUHVFLVyULD 
5HFODPDomR 
&DStWXOR±/RFDomRGH,PyYHO8UEDQR 
1RWLILFDomRFRPXQLFDQGRDVXEURJDomRQRFRQWUDWRGH

ORFDomR
1RWLILFDomRHQFDPLQKDGDSHORILDGRUGDQGRQRWtFLDGH

VXDH[RQHUDomRHPUD]mRGDVXEURJDomROHJDO
1RWLILFDomRH[LJLQGRQRYRILDGRUHPUD]mRGD

H[RQHUDomRSHODVXEURJDomROHJDOGRORFDWiULRRULJLQDO
3HWLomRLQLFLDOGHDomRGHGHVSHMRHPIDFHGDQmR
DSUHVHQWDomRGHQRYRILDGRUHPUD]mRGDH[RQHUDomRGR 


RULJLQDOFRPSHGLGRGHOLPLQDU
&RQWHVWDomREDVHDGDQDDomRGHH[RQHUDomR

IXQGDPHQWDGDQDPRUWHGRPDULGRGDILDGRUD
1RWLILFDomRHQFDPLQKDGDSHORILDGRUGDQGRQRWtFLDGH

VXDH[RQHUDomRHPUD]mRGDSURUURJDomROHJDOGRFRQWUDWR
1RWLILFDomRH[LJLQGRQRYRILDGRUHPUD]mRGD
H[RQHUDomRGRILDGRURULJLQDOHPUD]mRGDSURUURJDomRGR 
FRQWUDWRSRUSUD]RLQGHWHUPLQDGR
$omRGHH[RQHUDomRGRILDGRUSHODDOWHUDomRGRTXDGUR

VRFLDOGDSHVVRDMXUtGLFDDILDQoDGD
$omRGHH[RQHUDomRGRILDGRUHPUD]mRGDQRYDomR 
1RWLILFDomRSDUDDomRGHGHVSHMRHPYLUWXGHGD

H[WLQomRGRXVXIUXWRRXILGHLFRPLVVRDUWž
1RWLILFDomRSDUDDomRGHGHVSHMRHPYLUWXGHGD

DOLHQDomRGRLPyYHOGXUDQWHDORFDomRDUWž
1RWLILFDomRSDUDDomRGHGHVSHMRGHLPyYHOUHVLGHQFLDO
FRPFRQWUDWRHVFULWRSRUSUD]RVXSHULRUDPHVHVSRU

GHQ~QFLDYD]LDDUW†žXOWUDSDVVDGRVGLDVGRILPGR
FRQWUDWR
1RWLILFDomRSDUDDomRGHGHVSHMRGHLPyYHOUHVLGHQFLDO
FRPFRQWUDWRYHUEDORXHVFULWRFRPSUD]RLQIHULRUDPHVHV

SRUGHQ~QFLDYD]LDDUW9SDVVDGRVDQRVGDGDWDGH
LQtFLRGRFRQWUDWR
1RWLILFDomRSDUDDomRGHGHVSHMRQDORFDomRQmR

UHVLGHQFLDODSyVGLDVGRILPGRFRQWUDWRDUWVH
1RWLILFDomRSDUDDomRGHGHVSHMRUHIHUHQWHjORFDomR
DQWHULRUj/HLGHGHRXWXEURGHTXHHVWHMD

YLJRUDQGRSRUSUD]RLQGHWHUPLQDGRFRPSUD]RGHPHVHV
SDUDGHVRFXSDomRDUW
1RWLILFDomRSDUDSRVVLELOLWDUVXEORFDomRFHVVmRRX

HPSUpVWLPRQmRFRQVHQWLGRDUW†ž
1RWLILFDomRGRORFDWiULRDRORFDGRUGHQXQFLDQGRR

FRQWUDWRQRSUD]RGHSURUURJDomR
1RWLILFDomRGRORFDWiULRDRORFDGRUGHQXQFLDQGRR

FRQWUDWRSRUWUDQVIHUrQFLDGHHPSUHJR
3HWLomRSDUDH[HFXomRSURYLVyULDGRGHVSHMR 


3HWLomRSDUDOHYDQWDPHQWRGHFDXomRSHORDXWRU 
3HWLomRSDUDOHYDQWDPHQWRGHFDXomRSHORUpX 
3HGLGRGHLQWLPDomRGRUpXDUW 
$omRGHGHVSHMRSRUVXEORFDomRFHVVmRRXHPSUpVWLPR

QmRFRQVHQWLGR
$omRGHGHVSHMRSRUFHVVmRGDORFDomRHPUD]mRGD

FHVVmRGDVTXRWDVVRFLDLV
3HGLGRGHDVVLVWrQFLDGHVXEORFDWiULRV 
'HVSHMRSRUH[WLQomRGDVXEORFDomRFRPSHGLGRGH

OLPLQDU
$omRGHGHVSHMRSRULQIUDomRGHP~WXRDFRUGRFRP

SHGLGRGHGHVRFXSDomROLPLQDU
$omRGHGHVSHMRSRUGHVYLRGHXVRGRLPyYHODUW 
$omRGHGHVSHMRSRUIDOWDGHSDJDPHQWRVHPFXPXODomR

GHFREUDQoDGHDOXJXpLV
$omRGHGHVSHMRSRUIDOWDGHSDJDPHQWRFXPXODGDFRP

FREUDQoDGHDOXJXpLVVRPHQWHFRQWUDRORFDWiULR
$omRGHGHVSHMRSRUIDOWDGHSDJDPHQWRFXPXODGDFRP

FREUDQoDHPIDFHGRILDGRU
$omRGHGHVSHMRSRUIDOWDGHSDJDPHQWRFRPSHGLGRGH

GHVRFXSDomROLPLQDUQDKLSyWHVHGHDXVrQFLDGHJDUDQWLDV
'HVSHMRSDUDUHSDURVXUJHQWHV 
'HVSHMRSRUH[WLQomRGRFRQWUDWRGHWUDEDOKR 
'HVSHMRSDUDXVRSUySULR 
'HVSHMRSDUDXVRSUySULRQR-XL]DGR(VSHFLDO 
$omRGHGHVSHMRSDUDGHPROLomRRXHGLILFDomR

OLFHQFLDGD
$omRGHGHVSHMRQDVORFDo}HVGHKRVSLWDLVHVFRODV

DVLORVHHQWLGDGHVUHOLJLRVDV
$omRGHGHVSHMRHPYLUWXGHGDSHUPDQrQFLDGHSHVVRDV

QmRDXWRUL]DGDVDSyVDPRUWHGRORFDWiULR
$omRGHGHVSHMRHPYLUWXGHGHFRQWUDWRGHORFDomRVHP

YrQLDFRQMXJDOSRUSUD]RVXSHULRUDGH]DQRV
$omRGHGHVSHMRSRUGHQ~QFLDYD]LDQDVORFDo}HVGH

LPyYHLVUHVLGHQFLDLV


 $omRGHGHVSHMRQDORFDomRQmRUHVLGHQFLDOFRP 
SHGLGRGHOLPLQDU
$omRGHGHVSHMRSRUH[WLQomRGRXVXIUXWR 
'HVSHMRHPYLUWXGHGDDOLHQDomRGRLPyYHOGXUDQWHD

ORFDomR
'HVSHMRQDVORFDo}HVUHVLGHQFLDLVSRUFRQWUDWR

LQLQWHUUXSWRGHFLQFRDQRV±GHQ~QFLDYD]LD
'HVSHMRQDVORFDo}HVSDUDWHPSRUDGD 
3HWLomRUHTXHUHQGRLPLVVmRQDSRVVHHPUD]mRGR

DEDQGRQRGRLPyYHOQRFXUVRGDDomR
3HWLomRUHTXHUHQGRRMXOJDPHQWRHPUD]mRGRDEDQGRQR 
&RQWHVWDomRHPDomRGHGHVSHMRFRPPRGHORUHIHUHQWH

jSUHVFULomRGDSUHWHQVmRGDFREUDQoDGRVDOXJXpLVHHQFDUJRV
5HFRQKHFLPHQWRGDSURFHGrQFLDGRSHGLGRSDUDREWHUR

EHQHItFLRGDGHVRFXSDomRHPPHVHV
$omRUHQRYDWyULD 
$omRGHFRQVLJQDomRGHDOXJXpLVHDFHVVyULRV 
$omRGHFRQVLJQDomRGHFKDYHVDUWVžHž 
$omRGHFRQVLJQDomRHPSDJDPHQWRKDYHQGRIXQGDGD

G~YLGDVREUHTXHPGHYDUHFHEHU
$omRUHYLVLRQDO 
$omRGHSUHFHLWRFRPLQDWyULRSDUDSHUPLWLUDYLVWRULD

GRLPyYHO
([HFXomRGHDOXJXpLVHHQFDUJRVHPIDFHGRILDGRU 
$GMXGLFDomRGRLPyYHOSRUDIURQWDDRGLUHLWRGH

SUHIHUrQFLD
1RWLILFDomRSDUDFRQFHGHUDRORFDWiULRRGLUHLWRGH

SUHIHUrQFLD
%LEOLRJUDILD