Trust Accounts

This subject is not offered in 2012.

This subject is designed for those seeking admission to practice in the state of Victoria. It is available only through the Community Access Program (CAP) to those who have completed or are currently completing a Law degree.

For the purposes of considering requests for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Students Experiencing Academic Disadvantage Policy, academic requirements for this subject are articulated in the Subject Description, Subject Objectives, Generic Skills, and Assessment Requirements of this entry.

The University is dedicated to providing support to those with special requirements. Further details on the disability support scheme can be found at the Disability Liaison Unit website: http://www.services.unimelb.edu.au/disability/.

Trust Accounts fulfils the Priestly 11 requirement that candidates to admission to the legal profession in Australia should have studied 'basic principles of trust accounting'. In the LLB and JD degree programs in the Law School, Trust Accounts is part of the Legal Ethics subjects. This subject will be available only to CAP students allowing them to fulfil the Priestly 11 requirement without enrolling in the full Legal Ethics subject.

At the end of this course students should:

• Know and understand the rules and principles applicable to trust accounting in legal practice;
• Be able to put into practise the principles of trust accounting.

Trust Accounting Examination: online, open book assessment. Marked on a pass/fail basis as a hurdle requirement. Time allowed: 2 hours.

Printed materials will be available from the Melbourne Law School.

This subject is not available as a breadth subject.

At the end of this course students should have developed in their ability to assimilate and put into practice technical knowledge in a timely fashion.