Secured Transactions in Commercial Law (LAWS5184)

UNIT OF STUDY

The process of creating effective security interests in personal property to secure performance of contractual obligations is a critical component of commercial dealings and financings. This unit examines how security may be taken over common forms of personal property through a detailed analysis of the new legislative regime established by the Personal Property Securities Act 2009 (Cth), which became operative in January 2012. Providing an overview of the historical and economic development of the law in this area, the unit explores the rationale for the comprehensive legislation as well as its underlying general principles. An international and comparative perspective is offered through references to the Canadian and New Zealand experience in introducing equivalent statutory frameworks, with part of the course materials drawn from these jurisdictions.

Our courses that offer this unit of study

Further unit of study information

Classes

2x2-hr seminars/week for 10 weeks

Assessment

3000wd assignment (30%) and 2hr exam (70%)

Faculty/department permission required?

No

Unit of study rules

Prerequisites and assumed knowledge

LAWS2012 or LAWS5008

Prohibitions

LAWS3484

Study this unit outside a degree

Non-award/non-degree study

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.

Find a non-award course for this unit of study

Cross-institutional study

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.

Find a cross-institutional course for this unit of study