Advanced banking law
Associate Professor Robin Edwards
6 points * 3 hours per week * First, second semester * Caulfield * Prerequisites: FIN1110 and FIN1151 or equivalents * Prohibition: FIN5021
Objectives On completion of this subject a student should understand and have a sound knowledge of the banker and customer relationship; federal and state legislation impacting financial institutions; the law relating to bank securities and negotiable instruments.
Synopsis Legal background to Australian financial system; banker and customer; capacity and authority to borrow grant security; lending on the security of land; lending on the security of goods; lending on the security of proceeds; invalidation of company securities.
Assessment Class exercise and paper: 30% * Assignment: 50% * Test: 20%
Prescribed texts
Sykes E and Walker S The law of securities Law Book, 1993
Weerasooria WS Banking law and financial systems in Australia Butterworths, 1993