  We investigate the properties of an effective Hamiltonian with competing
interactions involving spin and chirality variables, relevant for the
description of the {\it trimerized} version of the spin-1/2 {\it kagome}
antiferromagnet. Using classical Monte Carlo simulations, we show that
remarkable behaviors develop at very low temperatures. Through an {\it order by
disorder} mechanism, the low-energy states are characterized by a dynamical
freezing of the chiralities, which decouples the lattice into ``dimers'' and
``triangles'' of antiferromagnetically coupled spins. Under the presence of an
external magnetic field, the particular topology of the chiralities induces a
very slow spin dynamics, reminiscent of what happens in ordinary spin glasses.

Strongly Correlated Electrons