LAW7122 - Superannuation law and practice

Leader: Professor Stephen Barkoczy

Offered

City (Melbourne) Summer semester A 2008 (On-campus split block of classes)

Synopsis

This unit examines superannuation policy, regulation, taxation and practice in Australia. The subject will focus on the way in which superannuation funds are regulated and taxed and it will also consider a number of tax and estate planning strategies for their members.

Objectives

On completion of this subjects students should be able to

1. understand the structure of different types of superannuation funds in Australia and the reasons for these differences including those which relate to the provisions of our taxation legislation;
2. understand the operation of superannuation funds including
   1. the role and duties of trustees and those to whom they delegate especially in relation to investment;
   2. the rights of members individually and collectively and
   3. the role and duties of third parties such as auditors; and
3. examine the effect of superannuation in bankruptcy law, family law and industrial law.

Assessment

Class participation 10%, assignment 30% (2,250 words) and take-home examination 60% (4,500 words)

Contact hours

One 2-hour seminar per week