BTF1151

Corporations law and trusts

(BUS)

Ms Antoinette Sernia and Ms Michelle Welsh

6 points + 3 hours per week + First and second semester + Caulfield + Prerequisite: BTF1010

Synopsis: Topics include the Corporations Law scheme; the role and functions of the Australian Securities and Investments Commission; the concept of limited liability; the effect of registration; the corporate constitution; the company's relationship with outsiders; share and loan capital; regulation of public fund raising; duties of directors, officers and promoters; rights of members and minority shareholder protection; forms of corporate insolvency administrations, particularly as they affect creditors, officers and shareholders; trusts, trustees, beneficiaries and third parties.

Assessment: Assignment (2500 words): 30% + Examination (open-book, 3.5 hours): 70%