Enrolments for 2022 have closed.
Company Law
Undergraduate | GRF-AFE216 | 2022
Course information for 2022 intake View information for 2024 course intake
- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- Part of a degree
- Duration
- 14 weeks
HECS-HELP and FEE-HELP available
Company Law
About this subject
At the completion of this subject students will be able to:
- Possess a knowledge of the law as it applies to the regulatory framework, types of companies, the company's relations with outsiders, including its role as a corporate citizen, directors duties, ethics and liabilities, statutory remedies, and corporate insolvency;
- Apply your legal knowledge to complex factual situations in order to achieve a reasoned conclusion through oral and written communication. The application of case law and the Corporations Act 2001 (Cth) involves the use of problem solving and decision making skills, in particular the ability to identify the relevant legal issues from a factual situation; and
- Analyse and evaluate case law relevant to the Corporations Act 2001 (Cth) through oral and written communication.
- Regulatory Framework
- Company Formation
- Internal and External Relationships
- Members and Shares
- Directors: Definition of directors and company secretary; the board of directors and its powers; appointment, remuneration, removal, and disqualification of directors.
- Directors' Duties 1: Sections 181, 182, 183 of the Corporations Act; Duties with respect to conflicts of interest
- Directors' Duties 2: Duty to act with care and diligence; Duty to prevent insolvent trading
- Remedies for breach of directors' duties; oppressive and unfair conduct; statutory derivative action, statutory injunctions; compulsory winding up
- Corporate insolvency introduction; Liquidation and voidable transactions
- Receivership; Voluntary Administration, Deed of Company Arrangement
Using the life cycle of a company the operation of the Australian corporate regulatory framework is illustrated. Thus the course examines: company registration; corporate governance issues arising from the company's daily operations, and the external administration of a company on its insolvency.Â
Prerequisite: AFE215 Introduction to Business Law
- Workbook submission (15%)
- Mid-Exam (35%)
- Final Exam (50%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
Part of a degree
To enrol in this subject you must be accepted into one of the following degrees:
Elective
- GRF-AFA-DEG-2022 - Bachelor of Applied Financial Advice
Prior study
You must have successfully completed the following subject(s) before starting this subject:
Additional requirements
- Equipment requirements - Audio/Visual equipment
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
Related degrees
Once you’ve completed this subject it can be credited towards one of the following courses
Undergraduate
GRF-AFA-DEG