Unit rationale, description and aim
This level four unit contributes to the development of:
- advanced theoretical and technical knowledge in the field of Banking and Finance Law
- advanced, cognitive, technical and communication skills and the ability to apply these to complex legal problems
- advanced research and writing skills.
Learning outcomes
To successfully complete this unit you will be able to demonstrate you have achieved the learning outcomes (LO) detailed in the below table.
Each outcome is informed by a number of graduate capabilities (GC) to ensure your work in this, and every unit, is part of a larger goal of graduating from ACU with the attributes of insight, empathy, imagination and impact.
Explore the graduate capabilities.
Understand and explain the common law rules and cu...
Learning Outcome 01
Demonstrate an ability to deal with legal problems...
Learning Outcome 02
Learn and work autonomously and collaboratively to...
Learning Outcome 03
Content
Topics will include:
- Australian Banking System Regulation
- Banker and Customer duties and responsibilities
- Different types of account
- Payment and Payment Systems
- Consumer Protection
- Lending
- Documentary Credit
- Insurance Law
- Superannuation Law
- Bankruptcy Law
- Contemporary issues in Financial Services
Assessment strategy and rationale
The assessment strategy is designed to assess knowledge, skills and understanding in a specialist area of law, and to apply knowledge developed in the compulsory law units to a specialist area of law.
The assessment tasks for this unit are designed to demonstrate achievement of each of the learning outcomes listed. Students need to Understand and explain the common law rules and customs associated with the Banking Act 1959 (Cth), the Corporations 2001 (Cth), the Cheques Act 1986 (Cth), the Bills of Exchange Act 1909 (Cth) and the Personal Property Securities Act 2009 (Cth)
To successfully complete this unit, students need to complete and submit all assessment tasks and achieve an aggregate mark of at least 50/100.
Overview of assessments
Tutorial Presentations This assessment pro...
Tutorial Presentations
This assessment provides the opportunity for students to present an understanding of key topics including law, policy and practice in a selection of areas.
20%
Online Quiz via Canvas
Online Quiz via Canvas
15%
Online Quiz via Canvas
Online Quiz via Canvas
15%
Examinations – Understand and explain the co...
Examinations –
Understand and explain the common law rules and customs associated with banking transactions negotiable instruments, mortgages, chattel securities, choses in action, liens and guarantees as well as have an understanding of relevant statutory regulation including the Banking Act 1959 (Cth), the Corporations 2001 (Cth), the Cheques Act 1986 (Cth), the Bills of Exchange Act 1909 (Cth) and the Personal Property Securities Act 2009 (Cth)
Examination will be completed on a secure platform. This assessment recognises the need for developing skills to work through and provide a legal solution to a given legal problem within the time frame of the examination period.
50%
Learning and teaching strategy and rationale
Mode: Lectures, tutorials, electronic consultation, library tasks and presentations or Online lectures and activities.
Duration: 3 hours per week over 12 weeks or equivalent. Students are expected to spend 150 hours in total for this unit.
This level four elective unit allows students to demonstrate advanced knowledge, skills and understanding in a specialist area of law building on knowledge developed in the compulsory law units.
Our strategy is to encourage students to creatively engage with unit content and to apply knowledge, skills and understanding developed in the compulsory areas of law to a specialist area of law.
The unit is designed to be delivered in intensive, weekly mode or online mode. We have taken a multimodal learning approach to provide accessibility and flexibility to our students and a student-focused approach that increases depth of learning and engagement through actively utilising Canvas.