The 1991–92 Segunda Divisão season was the 58th season of the competition and the 42nd season of recognised third-tier football in Portugal.
[1] The league was contested by 54 teams in 3 divisions with SC Campomaiorense, FC Felgueiras and Amora FC winning the respective divisional competitions and gaining promotion to the Liga de Honra.
The overall championship was won by SC Campomaiorense.
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