LAW5150

Superannuation law 506 ( 6 points, SCA Band 3, 0.125 EFTSL)

Leader:

Offered:
Not offered in 2006.

Synopsis: The nature and operation of superannuation funds in Australia and how they are affected by the superannuation legislation, by the taxation regime, and by general principles of contract and equity. The trustee's duties.

Objectives: Upon completion of this unit, a student should understand (a) the structure of different types of superannuation funds in Australia and the reasons for these differences; (b) the operation of superannuation funds including (i) the role and duties of trustees and those to whom they delegate, especially in relation to investment; (ii) the rights of members individually and collectively; (iii) the role and duties of third parties such as auditors; and (c) the role of the Superannuation Complaints Tribunal and the Insurance and Superannuation Commissioner and other administrative bodies.

Assessment: Assignment (2000 words): 20% + Examination (3 hours): 80% OR Assignment (5000 words): 50% + Examination: 50%

Prerequisites: LAW4169; LAW4170