(1) If an elected director or the Chairman or a director appointed under subsection (2)(c) of section 4 of this Decree is prevented by absence from Ghana, illness or other sufficient cause from performing the functions of his office:-

(a) the National Redemption Council may, in the case of the Chairman or a person appointed under subsection (2)(c) of section 4 of this Decree, appoint to hold office in his place another person;

(b) the National Redemption Council may, in the case of an elected director appoint another person nominated by the Board to hold his office.

(2) A person appointed or elected to act in the place of the Chairman or a director under this section shall cease to hold office when the National Redemption Council or the Board, as the case may be, is satisfied that the original director is able again to perform functions of his office, or, on the date when the original director would have ceased to hold office in accordance with the provisions of this Decree, whichever is the earlier.