6 points, SCA Band 3, 0.125 EFTSL
Undergraduate - Unit
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
Department of Business Law and Taxation
Not offered in 2017
Topics include the Corporations Act 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.
The learning goals associated with this unit are to:
- identify the important elements in the internal and external regulation of companies and how they may be used
- explain the nature of trusts, the way they operate, and the rights and obligations of people involved in or dealing with trusts
- analyse hypothetical case studies and formulate a legal argument by the application of statute and case law
- critically evaluate the effectiveness of aspects of corporate law in the context of the changing needs of the community.
Within semester assessment: 30% + Examination: 70%
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
See also Unit timetable information
Students must have passed BTG1200 or BTW1200 before undertaking this unit.