Managed Investments Law

Subject 730-878 (2009)

Note: This is an archived Handbook entry from 2009. Search for this in the current handbook

Credit Points: 12.50
Level: 7 (Graduate/Postgraduate)
Dates & Locations:

This subject has the following teaching availabilities in 2009:

February, - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period not applicable
Assessment Period End not applicable
Last date to Self-Enrol not applicable
Census Date not applicable
Last date to Withdraw without fail not applicable


Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: 24 - 26 contact hours per subject.
Total Time Commitment: The time commitment for this subject depends on the candidates background and experience.
Prerequisites:

Prior studies in trusts and company law or comparable subjects.
Corequisites: N.A.
Recommended Background Knowledge: None
Non Allowed Subjects: None
Core Participation Requirements: N.A.

Coordinator

Assoc Prof Pamela Hanrahan
Subject Overview:

Objectives:

A student who has successfully completed this subject should:

  • Have a detailed knowledge of the law regulating the establishment and conduct of managed investments schemes, in particular the provisions of Chapter 5C and Chapter 7 of the Corporations Act 2001 (Cth) and the key ASIC Policy Statements
  • Understand the complex relationship between the statutory provisions and the general law of trusts
  • Understand the policy considerations shaping the development of law and regulation of collective investments.

Syllabus:

Principal topics will include:

  • Regulatory principles
  • The definition of MIS and the scope of regulation
  • The registration requirement
  • The constitution and compliance plan: Contents and effect
  • The responsible entity: Qualifications, duties and liability
  • Directors of the responsible entity: Duties and liability
  • Scheme governance
  • Offer, issue and redemption of interests
  • Members’ remedies
  • ASIC powers.
Assessment:
  • Class participation (15%)
  • Research paper 8,000 words (85%) (7 May) (topic approved by the subject coordinator)
Prescribed Texts: Core subject materials will be provided free of charge to all students. Some subjects require further texts to be purchased. Please visit the subject homepage on the Melbourne Law Masters website by following the link at the bottom of this subject entry.
Breadth Options:

This subject is not available as a breadth subject.
Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills: Please see the Subject Objectives for this information.
Links to further information: P12.507SummerNLawLawYNNNParkvillePARKVILLEManaged Investments Law730-878Assoc Prof Pamela Hanrahan200924 - 26 contact hours per subject.For the latest information on this subject, please visit: http://www.masters.law.unimelb.edu.au/subject/730878Melbourne Law Masters, postgraduate law, post-graduate law, graduate law

Objectives:

A student who has successfully completed this subject should:

  • Have a detailed knowledge of the law regulating the establishment and conduct of managed investments schemes, in particular the provisions of Chapter 5C and Chapter 7 of the Corporations Act 2001 (Cth) and the key ASIC Policy Statements
  • Understand the complex relationship between the statutory provisions and the general law of trusts
  • Understand the policy considerations shaping the development of law and regulation of collective investments.

Syllabus:

Principal topics will include:

  • Regulatory principles
  • The definition of MIS and the scope of regulation
  • The registration requirement
  • The constitution and compliance plan: Contents and effect
  • The responsible entity: Qualifications, duties and liability
  • Directors of the responsible entity: Duties and liability
  • Scheme governance
  • Offer, issue and redemption of interests
  • Members’ remedies
  • ASIC powers.
  • Class participation (15%)
  • Research paper 8,000 words (85%) (7 May) (topic approved by the subject coordinator)
Core subject materials will be provided free of charge to all students. Some subjects require further texts to be purchased. Please visit the subject homepage on the Melbourne Law Masters website by following the link at the bottom of this subject entry.Please see the Subject Objectives for this information.The time commitment for this subject depends on the candidates background and experience.Please see the subject homepage on the Melbourne Law Masters website for up to date timetable information.

Prior studies in trusts and company law or comparable subjects.

N.A.N.A.Law730-8782

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