Not currently offered

Credit points: 15

Subject outline

Students in this subject will be given a broad introduction to areas of law relevant to the banking and finance industry. They will also be introduced to Australian legal institutions and methods. Topics covered include contract law, the legal relationship of financial institutions and customer, payment systems, and lending and securities. This subject is suitable for second year undergraduates with no prior knowledge of law and for undergraduates who have previously completed a business law subject and who wish to explore further the operation of law within the context of banking and finance.

SchoolLa Trobe Law School

Credit points15

Subject Co-ordinatorMadelaine Chiam

Available to Study Abroad/Exchange StudentsYes

Subject year levelYear Level 2 - UG

Available as ElectiveNo

Learning ActivitiesTutorial problems, quizzes, take-home examination and final examination, tutorial problem solving.

Capstone subjectNo

Subject particulars

Subject rules



Incompatible subjectsLAW3BFL

Equivalent subjectsN/A

Quota Management StrategyN/A

Quota-conditions or rulesN/A

Special conditionsN/A

Minimum credit point requirementN/A

Assumed knowledgeN/A

Career Ready


Work-based learningNo

Self sourced or Uni sourcedN/A

Entire subject or partial subjectN/A

Total hours/days requiredN/A

Location of WBL activity (region)N/A

WBL addtional requirementsN/A

Graduate capabilities & intended learning outcomes

Graduate Capabilities

Intended Learning Outcomes

01. Identify the relevant banking and finance law applicable to a given fact situation.
02. Distinguish the legal relationships between parties using different forms of payment instruments.
03. Characterise the legal basis of different types of financial accommodation and security that are commonly used in personal and business finance and be conversant with relevant consumer protection initiatives in the area.
04. Present a legal argument in writing supported by appropriate legal authority.

Subject options

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Subject not currently offered - Subject options not available.