Key facts
UNE unit code: LSSU394
*You are viewing the 2026 version of this unit which may be subject to change in future.
- Trimester 1 - Online
- Yes
- No
- Yes
- 6
Unit information
This unit is for non-law students only. It provides foundational knowledge of the Australian legal system and legal principles for business organisational structures and their underlying regulation.
Topics include the Australian legal system and business law, structures and corporate governance, member’s rights and remedies, corporate finance and liability, companies in distress, external administration, financial services law and more.
You’ll focus on the legal framework for the provision of financial advice and financial products and requirements and obligations of the Australian financial services licensees under Chapter 7 of the Corporations Act 2001 (Cth).
You’ll grasp the use of statute and case law in analysing commercial relationships, and gain skills in finding relevant law using legal libraries. These skills are vital in many professions, such as executives, auditors, accountants, management consultants, financial planners/advisers, administrators, and teachers.
Offerings
For further information about UNE's teaching periods, please go to Principal Dates.
| Teaching period | Mode/location |
|---|---|
| Trimester 1 | Online |
*Offering is subject to availability
Intensive schools
There are no intensive schools required for this unit.
Enrolment rules
Notes
Please refer to the student handbook for current details on this unit.
Unit coordinator(s)
Learning outcomes
Upon completion of this unit, students will be able to:
- demonstrate an understanding of aspects of the Australian legal system, its sources of law, and how the system operates in relation to regulating business and commercial activities;
- use cognitive and creative skills to exercise critical thinking and judgment in demonstrating the application of principles of relevant case law and legislation to particular sets of facts;
- demonstrate an understanding of how the legal system operates in relation to regulating business and commercial activities; and also develop and present skilled analysis of the advantages and disadvantages of business structure choices;
- identify and analyse, synthesise, and consolidate a persuasive and coherent legal argument that applies the principles of corporations law, especially corporate governance rules, to complex fact situations and identify remedies available for their enforcement; and
- identify the Chapter 7 obligations for retail clients for the use of FSG and SoA; as well as the consequences for breach reporting; the penalty regime and compliance with AML/CTF, as well as the privacy laws.
Assessment information
Assessments are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.
| Title | Must Complete | Weight | Offerings | Assessment Notes |
|---|---|---|---|---|
| Final Invigilated Examination - Assurance Task | Yes | 50% | All offerings | There is a supervised exam at the end of the teaching period in which you are enrolled. The exam will be offered online with supervision via webcam and screen sharing technology. Coordinated by UNE Exams Unit. To pass this unit, you must achieve at least 50% in this task, and meet all other passing requirements in the unit.
|
| Invigilated Mid Trimester Examination - Assurance Task | Yes | 40% | All offerings | There is a supervised mid trimester exam in the teaching period in which you are enrolled. The exam will be offered online with supervision via webcam and screen sharing technology. Coordinated by UNE Exams Unit. To pass this unit, you must attempt this task and meet all other passing requirements in the unit. |
| Quiz | Yes | 10% | All offerings |
Learning resources
Textbooks are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.
Note: Students are expected to purchase prescribed material. Please note that textbook requirements may vary from one teaching period to the next.
See Note
Text refers to: All offerings
Australian Corporations Legislation 2026 and Business Corporations Law 5th ed
ISBN: 9780001387416
LexisNexis 2026
Text refers to: All offerings
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