Faculty of Business and Economics

Undergraduate - Unit

This unit entry is for students who completed this unit in 2014 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

FacultyFaculty of Business and Economics
Organisational UnitDepartment of Business Law and Taxation
OfferedClayton First semester 2014 (Day)
Coordinator(s)Associate Professor Paul Latimer


Aspects of the legal and regulatory environment that affects financial decisions, transactions and relationships. Includes the laws regulating financial institutions and the banker/customer relationship; cheques; electronic payments; bills of exchange; bank lending, business finance and security; consumer credit; guarantees and bankruptcy.


The learning goals associated with this unit are to:

  1. explain the legal and regulatory environment of the banking and finance sector
  2. analyse the legal and regulatory concepts underlying banking and financial transactions
  3. understand the legal rights and obligations of those involved in banking and finance
  4. have developed a legal perspective to assist in decision-making in areas involving banking and finance
  5. to provide the legal background for the resolution of business problems involving banking and finance.


Within semester assessment: 25%
Examination: 75%

Chief examiner(s)

Workload requirements

3 hours per week


Students must have passed BTC1110 or equivalent before undertaking this unit.