Key facts
UNE unit code: LSSU594
*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
If you are not studying law but you want to develop your understanding of commercial and financial services law, this unit is an excellent option.
You will gain insights and foundational knowledge in the Australian legal system as well as the legal principles of relevance to commercial relationships.
Specifically focusing on financial planning and advising under the Corporations Act 2001, topics include the Australian legal system, an overview of the law of torts and property law, contract law and consumer law, business structures and the law of agency, structure of companies, corporate governance, corporate liability, corporate finance and financial services law.
You will also explore the information content of a financial services guide and the requirements for issuing a statement of advice, as well as an overview of the requirements of anti-money laundering regulations and the implications of privacy laws for issuing financial planning advice.
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
This unit has been amended from Trimester 2 2019 to comply with FASEA curriculum requirements.
This unit can be undertaken in the Graduate Diploma in Financial Planning or on a Non-Award basis as a stand-alone bridging subject to meet FASEA's Education Standard for existing Financial Advisors with approved or relevant degrees. Please see the Non-Award course entry in the Course and Unit Catalogue to apply now.
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 advanced 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 advanced 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; and
- identify and critically 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.
- 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.
|
| Mid Trimester Invigilated 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 | Online quiz |
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.
Australian Corporations Legislation 2026 and Business Corporations Law 5th ed
ISBN: 9780001387416
LexisNexis 2026
Text refers to: All offerings
See Note
Text refers to: All offerings
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