LAW4104 Australian banking law
Faculty of Law
LAW4104 Australian banking law is a level 4, 6-credit-point, undergraduate unit from the Faculty of Law. It isn't offered in 2021. It has no prerequisites.
- Credit points
- 6
- Offered in 2021
- Not offered
- Assessment
- Exam 60%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2021 handbook entry. See the 2027 entry.
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Requisites
Before LAW4104
Prohibitions
You can't enrol if you have passed any of these.
After LAW4104
No unit lists LAW4104 as a prerequisite in the 2021 handbook.
Enrolment rules
Prerequisite: For students who commenced their LLB (Hons) course in 2015 or later: LAW1111; LAW1114; LAW2101; LAW1112; LAW1113; LAW2102; LAW2111; LAW2112; LAW3112.
For students who commenced their LLB course prior to 2015: LAW1100 OR LAW1101 and LAW1102 or LAW1104; LAW2100 or LAW2101 and LAW2102; LAW3112
Overview
The banking and finance sectors in Australia play an essential role in society. This industry continues to
evolve and adapt to technological disruption, product innovation, and the increasing globalisation of
financial markets. It is also facing increasing scrutiny from policy makers, regulators and consumers
following a series of crises and scandals. This course will review and consider key areas of Australian
banking law and regulation. It will also discuss some of the areas of ongoing policy reform.
Offerings in 2021
The 2021 handbook lists no offerings for LAW4104.
Assessment
- Written assignmentAssignment40%
- Take home exam60%
Learning outcomes
When you finish this unit, you should be able to:
- 1
Demonstrate understanding of the operation of the Australian banking system, as well as the general principles of law governing the Australian payments system and negotiable instruments.
- 2
Identify and accurately describe the legal relationship that exists between customers and their banks, including the duties owed by each to the other, as well as the day-to-day issues that can arise between banks and customers.
- 3
Demonstrate understanding of the financial industry ombudsman system and its role in the mediation of banker-customer disputes.
- 4
Critically analyse problems arising from the application of statute and case-law to specific banker-customer transactions.
- 5
Identify, evaluate and convincingly articulate emerging trends in bankers' liability especially the
impact of consumer protection legislation to banking business. - 6
Synthesise information from a broad range of sources and apply this to the identification and
analysis of legal issues respecting the lending practices of banks.
Workload and teaching
- Workshops36 hours
- Teaching approachActive learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
Learning resources
Required resources
See the Moodle unit page for prescribed and recommended resources. Prescribed texts are usually available for purchase through the University Bookstore and are sometimes available for short-term loan or as eBooks through the library.
Common questions
What are the prerequisites for LAW4104?
LAW4104 has no prerequisites, but enrolment rules apply.
When is LAW4104 offered?
LAW4104 has no offerings listed in the 2021 handbook.
How much work is LAW4104?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does LAW4104 have an exam?
Yes. The exam is worth 60% of the final mark, alongside 1 other task.