8.1. In the case of absence, illness or incapacity to act of the chairman of the board of directors and chief executive officer, of the president and chief of operations or of a member of the board of directors, the Government may appoint a substitute, who then has the same powers as the person for whom he is substituted.
Until the appointment of a substitute under the preceding paragraph, the board of directors may designate a member of the personnel of the Fund to exercise all or part of the powers of the chairman of the board of directors and chief executive officer or of the president and chief of operations.