# Anglo-Portuguese Commercial Treaty Act 1914, Part Ad Article 17


It is understood that the provisions of Article 17 do not affect the right of either contracting Party to require, by their internal legislation, the prior consent of the competent local authorities before foreign companies or associations can institute local branches or agencies for the carrying out of banking or assurance operations.
It is understood that the provisions of this treaty, which secure in Portugal most-favoured-nation treatment to British goods and vessels shall not apply to the special favours which Portugal accords, or may hereafter accord, to the goods or vessels of Spain or Brazil.
It is understood that this treaty shall not come into force until the sanction of the British Parliament for Article 6 has been obtained.
The present protocol, which shall be considered as approved and sanctioned by the contracting Parties, without any other special ratification, by the sole fact of the exchange of the ratifications of the Treaty to which it appertains, has been drawn up in duplicate at Lisbon, the 12th August, 1914.

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Source: https://www.legislation.gov.uk/ukpga/Geo5/5-6/1/schedule/part/24 (the official version)
Page: https://openlegislation.uk/anglo-portuguese-commercial-treaty-act-1914/schedule/part-24
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.