Faculty of Law

Monash University

Postgraduate - Unit

This unit entry is for students who completed this unit in 2012 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

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

FacultyFaculty of Law
OfferedCity (Melbourne) Summer semester A 2012 (Day)
Coordinator(s)Mr David Turner


For postgraduate Law discontinuation dates, please see http://www.law.monash.edu.au/current-students/postgraduate/pg-disc-dates.html


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.


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.


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)