Section 324
Trustee To Be Appointed
(1) A trustee shall be appointed for the
operation, management, protection and care of the trust property
and for using fruits of such property to the benefit of the beneficiary
or making proper arrangements thereof.
(2) Except as otherwise provided for in the memorandum
of incorporation, the founder of the trust shall appoint the trustee.
(3) In the event of the failure to appoint or inability to
appoint the trustee pursuant to sub-section (1) or (2), the founder of
trust shall be deemed to be the trustee.