What does the ASET Council exercise in its governance?

The ASET Council exercises the powers of ASET, which refers to the authority and responsibilities granted to the council as defined by the governing documents and legislation applicable to ASET. This means the council is responsible for making strategic decisions, setting policies, and ensuring that the objectives of ASET are met effectively.

The powers of ASET encompass a broad range of functions, including governance, oversight, and regulatory responsibilities. This indicates that the council is not just an advisory body; rather, it holds essential authority in shaping the direction and operations of the organization as a whole. By understanding the scope of powers, members can appreciate the council's role in upholding the standards and practices within the profession.

Other options, while they touch upon important aspects of council responsibilities, do not encapsulate the full breadth of the council's governance role as defined by the overarching powers of ASET. For example, oversight and regulation specifically involve certain functions the council performs, but they do not represent the entirety of the council’s authority.