Year No. Offer Mode Description Cred. Pts 01 51322 S2 X FINANCE LAW 1.00
51005
The law forms a significant part of the general environment within which financial institutions operate. It has an effect on the relationship between governments and financial institutions and more particularly between those institutions and their customers. Any person working in business requires a thorough grasp of relevant legal principles relevant to regulation of the finance industry and its participants, financial markets and products. Some areas of law covered include the provision of finance, securities for lending, insolvency and financing international trade.
Upon successful completion of this unit a student should:
Description Weighting(%)
- Regulation of the Australian Financial System 15.00
- Regulation of the Financial Markets, 15.00 Products and Instruments
- Payments System 20.00
- Lending to Business Organisations 10.00
- Securities for Provision of Finance 15.00
- Insolvency 15.00
- Finance of International Trade 5.00
- Professional Liability 5.00
Everett, D. & McCracken, S. 1997, Banking and Financial Institutions
Law, 4th edn, LBC Information Services, North Ryde, NSW.
Turner, C. 2001, Australian Commercial Law, 23rd edn, LBC
Information Services, Sydney. (Latest edition of text required).
Maguire, M. 2001, Essential Commercial Legislation: Queensland, 6th
edn, LBC Information Services, Pyrmont, NSW. (Latest edition of text
required).
Reference materials are materials that, if accessed by students, may improve their knowledge and understanding of the material in the unit and enrich their learning experience.
If later editions become available, then refer to latest edition.
Tyree, A.L. 1998, Banking Law in Australia, 3rd edn, Butterworths,
Sydney.
Burton, G. 1991, Australian Financial Transactions Law,
Butterworths, Sydney.
Weerasooria, W.S. 2000, Banking Law and the Financial System in
Australia, 5th edn, Butterworths, Sydney.
Hogan, S. 2001, Finance Law of Australia, Butterworths, Sydney.
Blay, S. & Clark, E. 1996, Australian Law of Financial Institutions,
2nd edn, Harcourt Brace, Sydney.
Stanford, J.D. & Beale, T.G. 1995, The Law and Economics of Financial
Institutions in Australia, Butterworths, Sydney.
Lipton, P. & Herzberg, A. 2001, Understanding Company Law, 10th edn,
LBC Information Services, Sydney.
Conrick, B. 1989, The Law of Negotiable Instruments in Australia,
2nd edn, Butterworths, Sydney.
Robson, K., 1994, Riley's Annotated Bills of Exchange Act and Cheques
and Payment Orders Act, 4th edn, Law Book Company, Sydney.
Edwards, R. & Tucker, G. 1988, Understanding Cheques and Payment
Orders, Serendip Publications. Wamberal, NSW.
Tyree, A. & Beatty, A. 2000, The Law of Payment Systems,
Butterworths, Sydney.
McCracken, S. & Everett, D. 1998, Finance & Security Law: Cases and
Materials, Butterworths, Sydney.
Duncan, W.D. & Wilmott, L. 1996, Mortgages Law in Australia, 2nd
edn, Federation Press, Sydney.
Sykes, E.I. & Walker, S. 1993, The Law of Securities, 5th edn, Law
Book Company, North Ryde, NSW.
Weerasooria, W.S. 1998, Bank Lending and Securities in Australia,
Butterworths, Sydney.
Keay, A. 1998, Insolvency: Personal and Corporate Law and Practice,
3rd edn, John Libbey, Sydney.
Townley, A. 1997, Insolvency and Bankruptcy, 2nd edn, Butterworths,
Sydney.
McGill, D. & Willmott, L. 1999, Annotated Consumer Credit Code, LBC
Information Services, Sydney.
Edwards, R. & Weston, R. 1986, International Trade Finance, Law Book
Company, Sydney.
Mo, J.S, 2000, International Commercial Law, 2nd edn, Butterworths,
Sydney.
ACTIVITY HOURS Directed Study 52 Private Study 93 Assessments 20
No *F/S Marks Due Description Wtg(%) LBL WWW 1 S 30.00 27/08/01 ASSIGNMENT 1 30.00 Y N 2 S 70.00 END S2 3 HOUR EXAMINATION 70.00 N N
1 TO GAIN A PASSING GRADE IN THE UNIT A STUDENT MUST: a) obtain a
passing mark in aggregate for the unit's assessment item, AND b)
obtain a passing mark in the formal exam, AND c) submit genuine
attempts for the following MANDATORY item of assessment:
ASSIGNMENT
2 Students must retain a copy of all pieces of assessment which
must be produced if/when required by the lecturer.
3 LATE ASSIGNMENTS
3.1 All assessments submitted after the due date (and not approved
for extension) in accordance with university policy will be
penalised 20% per working day.
3.2 If students submit assignments after the due date and wish to
claim extenuating circumstances then they shall provide validated
documentary evidence with the assignment, explaining the
circumstances.
3.3 The unit examiner shall consider the statement accompanying a
late assignment and decide on the outcome.
4 Assignments not submitted in the appropriate assignment folders
will be deemed as not being received.
5 DISHONEST ACTIONS
5.1 Any student who is alleged to having performed a dishonest action
relating to any assessment in the unit will have a course of
action taken against him/her as outlined in the Academic
Regulations.
5.2 Pieces of assessment should be the work of individual students.
Joint pieces of assessment are not permitted unless written
approval has been obtained from the unit leader.
5.3 Dishonest action in relation to assessment includes: - copying or
attempting to copy the work of others; - use of or attempting to
use information prohibited from use in that form of assessment; -
submitting the work of another as your own; - consciously
committing acts of plagiarism, ie taking and using another's
thoughts or writings as one's own with intent to deceive, which
occurs when paragraphs, sentences, a single sentence or
significant parts of a sentence which are copied directly, are
not enclosed in quotation marks and appropriately footnoted or
referenced in the text, direct quotations are not used, but text
is paraphrased or summarised, and the source of the material is
not acknowledged by footnoting or other reference in the text.
6 DEFERRED EXAMINATIONS
6.1 Deferred examinations will be granted at the Dean's discretion in
the case of medical or compassionate circumstances having regard
to item 1. If a deferred examination has been granted students
shall normally sit the deferred examination in the semester in
which the unit is next offered, BUT NO LATER THAN THE NEXT
SEMESTER 3 EXAMINATION PERIOD. If, for whatever reason, this
deferred examination is not taken then the student will be graded
`F'.
6.2 Medical evidence on the appropriate University of Southern
Queensland medical certificate or doctor's certificate must be
received by the Faculty Administrator no later than twenty-one
(21) days after examination date. A medical certificate must be
dated with the same date as the period of illness for which the
absence from examination is being sought and clearly indicate the
student's name and, if possible, student number. (Retrospective
medical certificates will not be accepted for either assignment
work or examinations.) Only original or certified medical
certificates will be accepted.
6.3 A student's medical condition must be stated clearly (IN
ENGLISH). (Certificates stating a student has a `Medical
Condition' may not be sufficient grounds for deferment of
examination). Medical evidence must cover the student for the
day(s) of the missed examination(s).
6.4 Requests must be in writing to the Faculty Administrator clearly
stating the student name and number, unit number of the
examination missed due to illness and current address. Deferral
of an examination CANNOT be granted on an existing deferral in
that unit.
6.5 Requests on grounds other than medical MUST BE supported by
documentation.
6.6 Students must have submitted a genuine attempt at all mandatory
assessment items.
6.7 Students who have a medical condition or have genuine
compassionate or work related problems on the day of the
examination are advised to obtain documentary evidence and NOT
attempt the examination. If a student makes an attempt at the
examination, the assessment item will be marked and a grade
awarded. In these cases, a student cannot, after receiving a
`Fail' grade, request a deferred examination or special
consideration.
6.8 Students who have been granted deferred examinations will not be
granted a waiver of prerequisites, without the permission of the
Heads of Department, in subsequent semesters (if they do not have
a passing grade).
7 Unit weightings of topics should not be interpreted as applying
to the number of marks allocated to questions testing those
topics in an examination paper. The examination may test material
already tested in assignments.
8 Mechanised erasers are not permitted in exam venues.
9 The examination is open book which means that students are
permitted to bring into the exam room and use any written or
printed material.
10 Students should also refer to the Faculty of Commerce `Guide to
Policies and Procedures' section of the University Handbook for
further information on the above matters.