Section 2
SEC. 2. The President or his designated representative is hereby authorized to accept membership for the Commonwealth of the Philippines in the International Monetary Fund (hereinafter referred to as the "Fund"), and in the International Bank for Reconstruction and Development (hereinafter referred to as the "Bank"), provided for by Articles of Agreement of the Fund and the Articles of Agreement of the Bank as set forth in the Final Act of the United Nations Monetary and Financial Conference dated July 22, 1914, and deposited in the archives of the Department of State of the United States. APPOINTMENT OF GOVERNOR, ALTERNATE AND EXECUTIVE DIRECTOR