(1) Notwithstanding anything
contained elsewhere in this Chapter, if the trust founder considers
appropriate to make any amendment or alteration in the object set
forth in the memorandum of incorporation at the time of the
creation of trust, he or she may make an application, accompanied
by the reason for such amendment or alteration, to the registrar.
(2) If, on an inquiry into an application made pursuant to
sub-section (1), the reason for the amendment or alteration in the
object set forth in the memorandum of incorporation seems to be
reasonable, the registrar may issue an order to amend or alter such
object, and, if an order is so made, the object set forth in the
memorandum of incorporation shall be deemed to have been
amended or altered accordingly.