Credit Points 10

Legacy Code 200433

Coordinator John Chellew Opens in new window

Description This subject mainly deals with legal issues concerning various aspects of companies: incorporation, regulation, membership and capital, company management, corporate officers, meetings, relations of the company with outsiders, accounts, reports and other disclosures, arrangements and reconstruction, receivers and winding up, and share acquisition and takeovers. It also considers public policy issues underlying the law in the above areas. Other forms of business organisation, such as partnership, trusts and sole traders, are also dealt with.

School Law

Discipline Business and Commercial Law

Student Contribution Band HECS Band 4 10cp

Check your fees via the Fees page.

Level Postgraduate Coursework Level 7 subject

Pre-requisite(s) LAWS 7009 or LAWS 7078

Equivalent Subjects -

Restrictions

Students must be enrolled in:
2824 Master of Laws
2790 Graduate Certificate in Accounting
3775 Graduate Diploma in Information Governance 
3779 Master of Information Governance 
2689 Master of Professional Accounting  
2815 Master of Professional Accounting (Advanced) 

Learning Outcomes

On successful completion of this subject, students should be able to:

1. Recognise the basic principles of company law.
2. Describe the practical operation of a scheme of corporate regulation in the Australian federal system.
3. Recognise how the statutory regime of corporate regulation intersects with common law and equitable developments.
4. Appraise some of the criticisms of current corporate law in the wider context, for example globalisation, and also be familiar with public policy issues in this area.
5. Apply his or her understanding of company law concepts to analysing and solving practical problems.

Subject Content

1. Various forms of business organisations.
2. Company as a form of business organisation - evolution, types, sources of law, regulatory framework.
3. Registration of a company, pre-registration activities.
4. Dealings with outsiders and liability.
5. Internal management rules, management of a company - Board of Directors and general meeting.
6. Duties of Directors and consequences of breach of duty.
7. Shareholder remedies.
8. Capital and fundraising.
9. Record keeping, disclosures and audit.
10. External administration - receivership, administration and winding up.