Monash University Handbook 2011 Postgraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Synopsis

This course is designed to provide an understanding of the rules, principles and policies underlying secured transactions in personal property security law. This body of law is of fundamental importance to commercial lawyers. It involves a detailed study of the Personal Property Security Act 2009 (Cth) and comparison with the New Zealand and Saskatchewan legislation.

Objectives

Students completing this unit should:

1. understand the nature and function of security
2. appreciate the history and policy of the personal property securities legislation
3. understand the scope of the Act and the policy and function of registration
4. understand security agreements
5. understand the central concepts of the security interest, attachment and perfection
6. understand priority disputes
7. understand default and enforcement and restrictions on remedies.

Assessment

Class participation (10%)
One research assignment (6750 words): 90% or
One take-home examination (6,750 words): 90%

Chief examiner(s)

Mr David Turner

Contact hours

24 contact hours per semester (either intensive, semi-intensive or semester long, depending on the Faculty resources, timetabling and requirements)