Substitution of debtor representation

Section 315(b) of the Puerto Rico Oversight, Management, and Economic Stability Act (48 U.S.C. 2175(b)) is amended as follows: (1) By striking The Oversight Board and inserting the following: (1) In general.— Except as provided in paragraph (2), the Oversight Board. (2) By adding at the end the following new paragraph: (2) Puerto Rico electric power authority (A) Substitute representative On and after the date of the enactment of applicable legislation by the Commonwealth of Puerto Rico designating or establishing an entity as described in section 209(b), the Puerto Rico Electric Power Authority, its governing board, or other successor entity, as specified in such legislation, shall be the representative of the debtor for all cases initiated under this title on or after such date of enactment. (B) Staff Unless otherwise explicitly provided by the applicable legislation described in subparagraph (A), all of the professionals, advisors, and counsel engaged by the Oversight Board prior to the date of the enactment of such legislation shall be retained by the substituted representative..