LAW4219 The law of financial transactions
Faculty of Law
LAW4219 The law of financial transactions is a level 3, 6-credit-point, undergraduate unit from the Faculty of Law, offered in 2023 in Semester 2 at Clayton. It has no prerequisites.
- Credit points
- 6
- Offered in 2023
- Semester 2
- Clayton
- Assessment
- Exam 60%
- and 1 other task
This is the 2023 handbook entry. See the 2027 entry.
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Requisites
Before LAW4219
No prerequisites or corequisites besides the enrolment rules below.
After LAW4219
No unit lists LAW4219 as a prerequisite in the 2023 handbook.
Enrolment rules
You must have completed at least 60 credit points of law study
Overview
This unit introduces students to the legal and regulatory issues relating to transactions undertaken by companies and other institutions in order to borrow money or otherwise to raise funds. The unit is in three parts. In the first part, the basic building blocks of: the concepts of credit; how a company borrows money; and how it gives security to its lenders to secure payment, are all examined. The second part involves an examination of the various forms of borrowings, including syndicated financing and project finance. The third part deals with borrowing in the capital markets (that is, without involving a bank as a lender), both domestically in Australia and in other international markets. The unit deals with Australian law and also English and European law and US tax and regulation in so far as they affect Australian companies accessing the international markets. An understanding of common law contract law is assumed and some understanding of company law would be of benefit but is not required.
Offerings in 2023
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Clayton | On campus |
Assessment
- Research assignment40%
- Take home exam60%
Learning outcomes
When you finish this unit, you should be able to:
- 1
Apply knowledge and understanding of the basic principles of the law and the practice of corporate finance to new situations;
- 2
Investigate, analyse and synthesise complex information, problems, concepts and theories in relation to legal and commercial aspects of various forms of debt finance, including secured and unsecured transactions and other forms of raising debt, including the debt capital markets and solve questions;
- 3
Research the concept of the 'capital markets' particularly debt capital markets as a means of raising funds by Australian issuers in both the Australian domestic market and in the international capital market, based on knowledge of appropriate research principles and methods so as to be able to understand how these markets operate and to be able to assess critically the regulation of these markets;
- 4
Generate and evaluate at an abstract level complex ideas and concepts relevant to the international financial transactions.
Workload and teaching
- Seminars36 hours
- Teaching approachActive learning
Students enrolled in this unit will be provided with 36 contact hours of seminars per semester whether intensive, semi-intensive, or semester-long offering. Students will be expected to do reading set for class, and to undertake additional research and reading applicable to a 6 credit point unit.
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.
Contacts
- Chief Examiners
- Dr Emmanuel Laryea
Common questions
What are the prerequisites for LAW4219?
LAW4219 has no prerequisites, but enrolment rules apply.
When is LAW4219 offered?
In 2023, LAW4219 runs in Semester 2 at Clayton.
Does LAW4219 have an exam?
Yes. The exam is worth 60% of the final mark, alongside 1 other task.