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.
Unit details and rules
Academic unit | Law |
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Credit points | 6 |
Prerequisites
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(LAWS1015 or LAWS1002 or LAWS5002) and (LAWS2004 or LAWS2015 or LAWS5015) |
Corequisites
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None |
Prohibitions
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LAWS3101 or LAWS3413 |
Assumed knowledge
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None |
Available to study abroad and exchange students | Yes |
Teaching staff
Coordinator | Roger Magnusson, roger.magnusson@sydney.edu.au |
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Lecturer(s) | Roger Magnusson, roger.magnusson@sydney.edu.au |