after his resignation from the position under (5) or (6), which shall be within thirty days from the date of appointment. If the appointed person fails to resign within the said period, it shall be deemed
appointment. If the appointed person fails to resign within the said period, it shall be deemed that such person has never been appointed as the Chairman or commissioner, under the circumstance of which there
position under (5) or (6), which shall be within thirty days from the date of appointment. If the appointed person fails to resign within the said period, it shall be deemed that such person has never been
select such person as well as supervise and audit the delegated management adequately. The SEC shall have the power to prescribe in its notifications details for compliance of the trustee in the said
power to prescribe in its notifications details for compliance of the trustee in the said matter. SECTION 39 In cases where several trustees are appointed, the trustees shall jointly manage the trust
prescribe in its notifications details for compliance of the trustee in the said matter. SECTION 39 In cases where several trustees are appointed, the trustees shall jointly manage the trust unless the trust