LAW330 Finance Law (8)
CSU Discipline Area: Management (MANAG)
Duration: One session
Abstract:
This subject is designed for students with some background in introductory business law and finance. This subject examines the statutory environment of banking and financial businesses, and the law affecting relationships between bankers and their customers. It covers the legal relationship between trustees and beneficiaries, corporations and creditors. The subject also includes a detailed analysis of negotiable instruments and other common financial instruments and securities. It identifies issues for financiers in a range of circumstances and provides an introduction to corporate finance and issues in international banking and electronic banking and commerce
+ Subject Availability Modes and Locations
| Session 1 | |
|---|---|
| Distance | Bathurst |
Continuing students should consult the SAL for current offering details: LAW330
Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.
Objectives:
Upon successful completion of this subject, students should:
Identify the source and content of the law which governs the Australian financial system,
Understand the nature of the legal relationship between banker & customer, trustee and beneficiary, borrower and lender,
Comprehend the concept of transferring choses in action by negotiable instruments and the liability of parties to these instruments,
Identify and resolve issues relating to financier's dealings with various types of borrowers,
Understand the nature of and limitations to securities commonly used in the financial system,
Be able to relate the necessary legal requirements and steps in common corporate finance programs,
Identify and analyse issues in electronic commerce and banking.
Syllabus:
The subject will cover the following topics:
Statutory control of banks and financial institutions. Rights and duties in the banker-customer relationship. Electronic banking and clearing systems. Negotiable instruments. Legal nature of securities. Trusts. Equity and debt finance. Relevant principles of agency and corporate law. International banking and finance transactions.
The information contained in the 2013 CSU Handbook was accurate at the date of publication: 24 April 2013. The University reserves the right to vary the information at any time without notice.