Note: This is an archived Handbook entry from 2014.
|Dates & Locations:||For information about these dates, click here.|
|Time Commitment:||Contact Hours: The total class time is between 24 and 26 hours. |
Total Time Commitment: Not available
|Recommended Background Knowledge:||
Applicants without legal qualifications should note that subjects are offered in the discipline of law at an advanced graduate level. While every effort will be made to meet the needs of students trained in other fields, concessions will not be made in the general level of instruction or assessment. Most subjects assume the knowledge usually acquired in a degree in law (LLB, JD or equivalent). Applicants should note that admission to some subjects in the Melbourne Law Masters will be dependent upon the individual applicant’s educational background and professional experience.
|Non Allowed Subjects:||None|
|Core Participation Requirements:||
The Melbourne Law Masters welcomes applications from students with disabilities. The inherent academic requirements for study in the Melbourne Law Masters are:
Students who feel their disability will inhibit them from meeting these inherent academic requirements are encouraged to contact the Disability Liaison Unit: www.services.unimelb.edu.au/disability/
For more information, contact the Melbourne Law Masters office.
Payment systems around the globe have gone through tremendous changes and developments in the past decade. Technological and multimedia developments, recent financial crises, commercial changes and financial markets globalisation have all given rise to the emergence of new advanced payment devices coupled with a rapid increase in non-cash payment transactions. As payment devices are a key component in any modern financial system, policy-makers, courts and legal practitioners are now facing more challenges than ever before.
This subject deals with the law and practice of payment devices, focusing on the most recent changes and advanced innovations in the payment market. It is designed to give students a unique understanding of one of the building blocks of commercial and financial markets from a comparative and global perspective. In the course of studies we will analyse the main payment devices that are being used today in Australia and other jurisdictions, while focusing on policy considerations, current legal frameworks, scholarly theories and business practices.
A student who has successfully completed this subject should have an advanced understanding of, and be able to critically analyse:
Take-home examination (100%) (12 – 15 September)
Core subject materials will be provided free of charge to all students. Some subjects require further texts to be purchased. Details regarding any prescribed texts will be provided prior to the commencement of the subject.
|Breadth Options:|| |
This subject is not available as a breadth subject.
|Fees Information:||Subject EFTSL, Level, Discipline & Census Date|
|Links to further information:||www.law.unimelb.edu.au/subject/LAWS70443/2014|
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