Authorised by Academic Registrar, April 1996
Objectives On completion of this subject students should understand and have a sound knowledge of the banker and customer relationship; federal and state legislation impacting financial institutions; the law relating to bank securities and negotiable instruments.
Synopsis Topics include legal background to Australian financial system; banker and customer; capacity and authority to borrow grant security; lending on the security of land; lending on the security of goods; lending on the security of proceeds; invalidation of company securities.
Assessment Two essays: 50% + Examination (3 hours): 50%