Availabilities:

2021 unit offering information will be available in September 2020

Unit description

Covers those aspects of company law that are required to equip students for their future careers. Students will engage in teacher-directed activities with particular reference to such topics as the development of company law, types of business structures, rights of members, responsibilities and duties of company officers, company audit and accounts and corporate insolvency in PNG.

Unit content

Topic 1: Context of company/corporate law | Regulator | Business structures
Topic 2: Incorporation | Governance
Topic 3: Company/corporate liability | Promoters
Topic 4: Fundraising | Finance
Topic 5: Membership rights and meetings
Topic 6: Company/corporate governance | Directors and officers
Topic 7: Directors and officers: duties and conflicts
Topic 8: Directors and officers: Company/corporate governance during times of financial distress, the duty of care and diligence
Topic 9: Members' remedies
Topic 10: Accounts, auditors and dividends
Topic 11: External administration and insolvency

Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

GA1: Intellectual rigour, GA2: Creativity, GA3: Ethical practice, GA4: Knowledge of a discipline, GA5: Lifelong learning, GA6: Communication and social skills, GA7: Cultural competence
On completion of this unit, students should be able to:GA1GA2GA3GA4GA5GA6GA7
1Describe and critically discuss the issues underlying the regulation of company law and business structures in Papua New Guinea, noting the similarities and differences to Australian law.Knowledge of a discipline
2Explain the legal issues and the relevant law applicable to corporate governance, directors’ and officers’ duties, conflicts, care and diligence, and the rights and remedies of members during times of distress.Intellectual rigourEthical practiceKnowledge of a discipline
3Describe the legal issues in corporate fundraising, debt finance and share capital fact situations and explain the relevant legal principles to the resolution of these issues.Intellectual rigourEthical practiceKnowledge of a discipline
4Explain legislation and case law relevant to company law.Ethical practiceKnowledge of a discipline

On completion of this unit, students should be able to:

  1. Describe and critically discuss the issues underlying the regulation of company law and business structures in Papua New Guinea, noting the similarities and differences to Australian law.
    • GA4: Knowledge of a discipline
  2. Explain the legal issues and the relevant law applicable to corporate governance, directors’ and officers’ duties, conflicts, care and diligence, and the rights and remedies of members during times of distress.
    • GA1: Intellectual rigour
    • GA3: Ethical practice
    • GA4: Knowledge of a discipline
  3. Describe the legal issues in corporate fundraising, debt finance and share capital fact situations and explain the relevant legal principles to the resolution of these issues.
    • GA1: Intellectual rigour
    • GA3: Ethical practice
    • GA4: Knowledge of a discipline
  4. Explain legislation and case law relevant to company law.
    • GA3: Ethical practice
    • GA4: Knowledge of a discipline

Teaching and assessment

Notice

Intensive offerings may or may not be scheduled in every session. Please refer to the timetable for further details.

Southern Cross University employs different teaching methods within units to provide students with the flexibility to choose the mode of learning that best suits them. SCU academics strive to use the latest approaches and, as a result, the learning modes and materials may change. The most current information regarding a unit will be provided to enrolled students at the beginning of the study session.

Fee information

Domestic

Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2021 Commonwealth Supported only. Student contribution band: 3

Fee paying courses
For POSTGRADUATE or UNDERGRADUATE full fee paying courses please check Domestic Postgraduate Fees OR Domestic Undergraduate Fees

International

Please check the international course and fee list to determine the relevant fees.

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