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Unit of study_

LAWS5113: Banking and Financial Instruments

2025 unit information

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, including taking security over ADI accounts, and accounts payable.

Unit details and rules

Managing faculty or University school:

Sydney Law School

Study level Postgraduate
Academic unit Law
Credit points 6
Prerequisites:
? 
LAWS5002 and LAWS5015
Corequisites:
? 
None
Prohibitions:
? 
LAWS3101 or LAWS3413
Assumed knowledge:
? 
None

At the completion of this unit, you should be able to:

  • LO1. Analyse and evaluate the substantive content and operation of banking and financial instruments law in Australia, focusing on selected topics.
  • LO2. Identify and explain key legislative sources, common law, and equitable doctrines that impact the regulation of banking and financial instruments law in Australia.
  • LO3. Critically analyse and resolve legal problems arising in the context of Australian banking and finance law, employing appropriate legal principles and theories.
  • LO4. Apply legislative and common law principles to construct solutions to complex legal scenarios and problems encountered in bank lending.
  • LO5. Develop sound, logically-structured legal arguments in response to complex legal problems and communicate these to diverse audiences.

Unit availability

This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.

The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.

Session MoA ?  Location Outline ? 
Semester 1 2024
Normal day Camperdown/Darlington, Sydney
Session MoA ?  Location Outline ? 
Semester 1 2025
Normal day Camperdown/Darlington, Sydney
Outline unavailable
Session MoA ?  Location Outline ? 
Semester 1 2020
Normal day Camperdown/Darlington, Sydney
Semester 1 2021
Normal day Camperdown/Darlington, Sydney
Semester 1 2021
Normal day Remote
Semester 1 2022
Normal day Camperdown/Darlington, Sydney
Semester 1 2022
Normal day Remote
Semester 1 2023
Normal day Camperdown/Darlington, Sydney

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Modes of attendance (MoA)

This refers to the Mode of attendance (MoA) for the unit as it appears when you’re selecting your units in Sydney Student. Find more information about modes of attendance on our website.