BTC9130

Australian company law

Mr Abe Herzberg

One 3-hour session per week · Second semester · Clayton · Prerequisite: BTC9110 or equivalent, as per BTC2210

Objectives On completion of this subject students should be able to recognise the significance of companies as entities for carrying on business; understand and be able to identify, use and evaluate how legislation and case law affects the internal and external regulation of companies; have developed a critical interest in corporate law reform.

Synopsis The subject aims to enable students to understand the underlying principles of the law regulating companies in Australia. The topics may include the characteristics of a company particularly as compared with other business structures; the national cooperative scheme and the role of the Australian Securities and Investments Commission; the effect of incorporation; the corporate constitution; the company's relations with outsiders; share and loan capital; regulation of public fund raising; duties of company directors, officers and promoters; members' rights and obligations including minority shareholder protection; regulation of takeovers; issues related to corporate insolvency administrations, particularly as they affect creditors, officers and shareholders.

Assessment Written (2000 words): 20% · Examination: 80%

Prescribed texts

Lipton P and others Essential corporations legislation LBC, latest edn
Lipton P and Herzberg A Understanding company law LBC, latest edn

Back to the 1999 Business and Economics Handbook