Banking and Financial Instruments (LAWS5113)
UNIT OF STUDY
This unit aims to provide students with:
* An overview of the legal regulation and supervision of banks and other Authorised Deposit-taking Institutions (ADIs);
* An understanding of the legal basis of the relationship between banks, ADIs and their customers, and an overview of the more common rights and duties that adhere to the banker/customer relationship;
* An introduction to negotiable instruments (cheques and bills of exchange), letters of credit and performance bonds, and guarantees;
* An introduction to the Personal Property Securities Act 2009 and its impact on secured lending.
Further unit of study information
2x2-hr seminars/week for 10 weeks
Three options: 1) 2,500wd assignment (50%) and 1hr exam (50%); 2) 3,500 wd essay (50%) and 1 hr exam (50%); 3) 2hr exam (100%).
Faculty/department permission required?
Unit of study rules
Prerequisites and assumed knowledge
LAWS1015 or LAWS1002 or LAWS5002, LAWS2004 or LAWS2015 or LAWS5015, LAWS2007 or LAWS2017 or LAWS5012
Study this unit outside a degree
If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.
If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.