q. 13.

Select an incorrect statement from the following, in relation to the functions or power of the Australian Securities and Investments Commission (ASIC).

a. Register auditors and liquidators

b. Issue infringement notices in relation to alleged reaches of some laws

c. Issue permits for entities to provide consulting and auditing services

d. Maintain, facilitate and improve the performance of the financial system and entities in it under the Australian Securities and Investments Commission Act 2001