# Law No. 9088 of August 21, 1995

> Brazilian law

**Wikidata**: [Q105647571](https://www.wikidata.org/wiki/Q105647571)  
**Source**: https://4ort.xyz/entity/law-no-9088-of-august-21-1995

## Summary
Law No. 9088 of August 21, 1995 is a Brazilian federal statute that transferred shareholder control of Companhia Siderúrgica da Amazônia (SIDERAMA). Enacted during Fernando Henrique Cardoso's presidency and published in Brasília, this law represents a formal legislative act governing the ownership structure of a major Amazonian steel company.

## Key Facts
- **Legal Type**: Federal statute (formal written document that creates law, encompassing acts, executive orders, and by-laws)
- **Official Title**: Lei nº 9088, de 21 de agosto de 1995
- **Publication Date**: August 21, 1995
- **Place of Publication**: Brasília, Brazil
- **Promulgating Authority**: Presidency of the Federative Republic of Brazil
- **President at Time of Approval**: Fernando Henrique Cardoso (promulgated on 1995-08-21)
- **Country of Origin**: Brazil (Federative Republic of Brazil, a federal republic with presidential system)
- **Language**: Brazilian Portuguese (official language of Brazil)
- **Legal Citation**: Lei nº 9088/1995
- **Primary Subject**: Transfer of shareholder control of Companhia Siderúrgica da Amazônia - SIDERAMA
- **Law Digest**: "DISPÕE SOBRE A TRANSFERENCIA DO CONTROLE ACIONARIO DA COMPANHIA SIDERURGICA DA AMAZONIA - SIDERAMA E DA OUTRAS PROVIDENCIAS."
- **Jurisdictional Application**: Applies to entire territory of Brazil (8,515,767 km² federal republic)
- **LexML Brazil Identifier**: urn:lex:br:federal:lei:1995-08-21;9088
- **Official URL**: Available at https://www.planalto.gov.br/ccivil_03/leis/l9088.htm
- **Wikimedia Project**: Part of WikiProject Brazilian Laws focus list
- **Main Subjects**: Transfer (Transferencia), legal norms (Normas), and end/destination (Destinação)

## FAQs
**What is Law No. 9088 of August 21, 1995?**
Law No. 9088 is a Brazilian federal statute enacted on August 21, 1995, that legislates the transfer of shareholder control of Companhia Siderúrgica da Amazônia (SIDERAMA), a steel company operating in Brazil's Amazon region.

**What specific company does this law regulate?**
The law specifically addresses Companhia Siderúrgica da Amazônia - SIDERAMA, indicating it governs the transfer of controlling shares and establishes related provisions for this particular Amazonian steel company.

**Who signed this law into effect?**
The law was approved by the Presidency of the Federative Republic of Brazil under President Fernando Henrique Cardoso, who promulgated it on August 21, 1995, during his first term as president.

**Where can I access the full text of this law?**
The complete text is publicly available online at the official URL https://www.planalto.gov.br/ccivil_03/leis/l9088.htm, hosted by the Brazilian federal government's official portal.

**What language is the law written in?**
The statute is written in Brazilian Portuguese, the official language of Brazil, which is spoken by approximately 213.4 million people in the country.

**How is this law classified in legal systems?**
As an instance of a "statute," it is formally classified as a written work, document, and rule that serves as the manifestation of statutory law, created through legislation and containing legal norms as constituent parts.

## Why It Matters
Law No. 9088 of August 21, 1995 matters because it represents a concrete legislative action in Brazil's economic restructuring during the 1990s, specifically addressing the ownership transfer of a significant industrial asset in the Amazon region. The law's focus on SIDERAMA's shareholder control reflects Brazil's broader economic policies under the Cardoso administration, which emphasized privatization and modernization of state-influenced enterprises. As a federal statute, it carries the full weight of national law across Brazil's 26 states and Federal District, demonstrating how the Brazilian federal government exercised its legislative authority to directly shape the country's industrial landscape. The law's publication in Brasília, the capital since 1960, and its availability through official digital channels exemplify Brazil's commitment to transparent governance and public access to legal documents. Its inclusion in WikiProject Brazilian Laws highlights its significance as a documented legislative milestone. The statute's structure—containing legal norms, addressing transfer procedures, and specifying destination of control—shows the technical precision required in Brazilian corporate law. Furthermore, as a public domain document under Brazil's legal framework (similar to U.S. and French doctrines), it ensures citizens and businesses can freely access and understand the regulations governing major economic transitions, reinforcing the rule of law in one of Latin America's largest economies.

## Notable For
- **Specific Corporate Focus**: Unique among Brazilian laws for exclusively targeting the shareholder control transfer of Companhia Siderúrgica da Amazônia (SIDERAMA), a specific Amazonian steel company
- **Cardoso Administration Legislation**: Enacted during Fernando Henrique Cardoso's first year as president, representing early economic policy decisions of his administration
- **Amazon Region Industrial Policy**: Addresses industrial assets in Brazil's Amazon region, which contains approximately 60% of the Amazon rainforest and represents a critical economic and environmental zone
- **Federal-Level Corporate Governance**: Serves as an example of federal intervention in corporate ownership structures, applicable across Brazil's entire jurisdiction
- **Digital Accessibility**: Maintained on the official Planalto website with a permanent URL, ensuring long-term public access
- **Structured Legal Identifier**: Assigned a permanent LexML Brazil URN identifier (urn:lex:br:federal:lei:1995-08-21;9088) for precise legal citation and digital retrieval
- **Wikimedia Documentation**: Recognized by WikiProject Brazilian Laws as a significant enough statute to be included in focused documentation efforts
- **Portuguese Legal Terminology**: Uses specific Brazilian Portuguese legal terms like "transferencia," "normas," and "destinação" in its subject classification
- **Public Domain Status**: As an official legislative enactment, it is not subject to copyright restrictions, ensuring free distribution and citation

## Body

### Legal Classification and Nature
Law No. 9088 of August 21, 1995 is formally classified as a **statute**, which is defined as a formal written document that creates law and serves as the manifestation of statutory law. As a statute, it is an instance of a legal term or legal concept and a subclass of written work, document, and rule. The law contains legal norms as constituent parts and functions as a part of the broader concepts of law and legal act in Brazil's legal system. Its creation was caused by the legislative process and it resulted in statutory law applicable throughout Brazil's jurisdiction. The statute is equivalent to the `https://schema.org/Legislation` class used in structured data on the web, making it recognizable in global knowledge graphs.

### Corporate Governance Content
The law's primary substantive focus is the **transfer of shareholder control** of Companhia Siderúrgica da Amazônia - SIDERAMA. The official digest states it "DISPÕE SOBRE A TRANSFERENCIA DO CONTROLE ACIONARIO DA COMPANHIA SIDERURGICA DA AMAZONIA - SIDERAMA E DA OUTRAS PROVIDENCIAS." This indicates the statute establishes the legal framework for transferring controlling shares of this Amazonian steel company, including associated provisions and procedures. The main subjects identified in the metadata include "transfer" (Transferencia), "legal norm" (Normas), and "end" or "destination" (Destinação), suggesting the law outlines both the process and final disposition of the share transfer.

### Legislative and Approval Process
The statute was **approved by the Presidency of the Federative Republic of Brazil** through the determination method of promulgation on August 21, 1995. At that time, the President was Fernando Henrique Cardoso, who had taken office on January 1, 1995, following his election in 1994. The law was published in **Brasília**, Brazil's capital since April 22, 1960, which serves as the seat of the federal government. The promulgation date is explicitly recorded as 1995-08-21, making it one of the early legislative acts of the Cardoso administration. The law applies to the entire jurisdiction of Brazil, a federal republic that operates under a presidential system and representative democracy.

### Publication and Accessibility Details
The statute was published on **August 21, 1995**, and is permanently available at the official URL **https://www.planalto.gov.br/ccivil_03/leis/l9088.htm**. This digital availability ensures public access to the full text, consistent with Brazil's commitment to open government. The law is written in **Brazilian Portuguese**, the official language of Brazil, which is spoken by the country's approximately 213.4 million residents. The legal citation format is standardized as **Lei nº 9088/1995**, following Brazilian legislative citation conventions. The statute is assigned a **LexML Brazil identifier**: urn:lex:br:federal:lei:1995-08-21;9088, which provides a permanent, unique identifier for digital legal documents in Brazil.

### Jurisdictional and Geographic Context
The law applies to **Brazil**, the largest country in South America with an area of 8,515,767 km². Brazil is a federal republic composed of 26 states and one Federal District, with Brasília as its capital. The law's subject, SIDERAMA, operates in the Amazon region, which represents a significant portion of Brazil's territory and contains the world's largest tropical rainforest. Brazil shares borders with ten countries: Argentina, Bolivia, Colombia, French Guiana, Guyana, Paraguay, Peru, Suriname, Uruguay, and Venezuela. The country's legal system ensures that federal statutes like Law No. 9088 have nationwide applicability across all states and municipalities.

### Historical and Economic Context
The law was enacted in **1995**, during a period of significant economic transformation in Brazil. Fernando Henrique Cardoso's administration (1995-2002) was known for implementing the Real Plan, which had stabilized the Brazilian currency (the real, introduced in 1994) and controlled hyperinflation. The transfer of SIDERAMA's shareholder control likely formed part of broader privatization and state enterprise reform policies. Brazil's economy, the largest in Latin America with a nominal GDP of approximately $1.92 trillion USD in 2022, has historically included significant state participation in heavy industries. The steel sector, particularly in the Amazon region, represented a strategic asset in Brazil's industrial development.

### Digital Infrastructure and Metadata
The statute is integrated into Brazil's digital legal infrastructure through its **LexML Brazil identifier** and availability on the official Planalto portal. It is part of **WikiProject Brazilian Laws**, a Wikimedia initiative focused on documenting Brazilian legislation. The law's metadata includes references dated January 28, 2021, and February 17, 2021, indicating ongoing verification and maintenance of digital legal records. The structured data properties associated with this statute type include country (P17), applies to jurisdiction (P1001), and language of work or name (P407), ensuring consistent cataloging across knowledge bases.

### Copyright and Public Access
As an official legislative enactment of the Brazilian federal government, Law No. 9088 falls under the **public domain** doctrine applicable to government edicts. Similar to the United States "edict of government doctrine" and French public domain status for official texts, Brazilian statutes are not subject to copyright restrictions. This ensures that citizens, legal professionals, researchers, and businesses can freely access, reproduce, and cite the law without permission. This public access principle is fundamental to the rule of law in Brazil's democratic system, which has operated as a federal republic since the 1988 Constitution.

### Legal Structure and Composition
The statute is composed of **legal norms** (Normas) that establish binding rules for the transfer process. It follows draft laws in the legislative process and is caused by the act of legislation. The law's structure addresses the end or destination (Destinação) of the share transfer, indicating it specifies both procedural requirements and final outcomes. As a manifestation of statutory law, it serves as the definitive reference point for courts, regulators, and corporate actors involved in SIDERAMA's ownership structure. The statute is differentiated from general concepts of "legislation" or "legal act" by being the specific written document that enacts these rules.

### Connection to Broader Legal Framework
Law No. 9088 operates within Brazil's civil law tradition, where statutes are the primary source of law. It is cataloged under the Dewey Decimal system classifications 342.057 and 348.02, which correspond to statutory law and legislation. The law's existence is documented in Wikidata with references to official sources including the Presidency's legislation database and LexML.gov.br. The statute's creation through legislation places it within the hierarchy of Brazilian federal law, which includes the Constitution of Brazil (effective October 5, 1988), ordinary laws, decrees, and regulations. The National Congress of Brazil (comprising the Federal Senate and Chamber of Deputies) would have been involved in the legislative process leading to this statute's enactment, though the final promulgation authority rests with the President.

## References

1. [Source](https://www.lexml.gov.br/urn/urn:lex:br:federal:lei:1995-08-21;9088)
2. [Source](https://legislacao.presidencia.gov.br/atos?tipo=LEI&numero=9088&ano=1995&data=21/08/1995&ato=9bcIzZU5UeJpWT762)
3. LexML Brasil