Under AASB 138 Intangible Assets, an intangible asset with an indefinite useful life is:

Select one:

a. amortised using the reducing balance method over a period not exceeding 5 years.

b. amortised using the straight-line method over a period of no more than 20 years.

c. not subject to annual amortisation charges.

d. not able to be recognised as an asset.