TBF5131

Advanced banking law

Associate Professor Robin Edwards

6 points
* 3 hours per week
* First and second semester
* Caulfield
* Prerequisites: TBX1110 and TBX1151 or equivalents
* Prohibition: TBF4001

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 Class exercise and paper: 30%
* Assignment: 50%
* Test: 20%

Prescribed texts

Sykes E and Walker S The law of securities Law Book, 1993
Weerasooria W S Banking law and financial systems in Australia Butterworths, latest edn