According to the AASB 138 Intangible Assets, intangible assets that are not amortised will be tested for impairment at least annually by comparing the fair values of those assets with their recorded amounts.

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AASB 138 requires that intangible assets with indefinite useful lives should not be amortised but must be tested for impairment at least annually by comparing their carrying amount to their recoverable amount, which may involve assessing fair values.

According to the AASB 138 Intangible Assets, Intangible Assets That