Course

Commercial and Charitable Trusts - LAWS3023

Faculty: Faculty of Law

School: Faculty of Law

Course Outline: See below

Campus: Sydney

Career: Undergraduate

Units of Credit: 6

EFTSL: 0.12500 (more info)

Indicative Contact Hours per Week: 3

Enrolment Requirements:

Prerequisite: Completion of 78 UOC in LAWS courses including Business Associations (LAWS1091).

Excluded: JURD7623

CSS Contribution Charge: 3 (more info)

Tuition Fee: See Tuition Fee Schedule

Further Information: See Class Timetable

View course information for previous years.

Description

This course builds on Equity and Trusts, the core subject, to provide a deeper and more practical foundation in trusts law for students who may be interested in practicing in the area of commercial law. Topics covered include: judicial review of trustee decision-making, investment duties of trustees, trading trusts, regulation of superannuation funds and managed investment schemes and current developments in the law relating to charitable trusts.

Main Topics

• Classification of trusts
• Family trusts and unit trusts
• The settlor’s Intentions and the three certainties
• Discretionary trusts and powers
• The beneficiary principle
• Charitable trusts
• Non-charitable purpose trusts,
• Gifts to unincorporated associations;
• Resulting trusts
• Public appeal fund surpluses
• Trustees' fiduciary duties
• Protector concept
• Investment powers
• Trusts in commerce, including Quistclose trust and Kayford trust

More information can be found on the Course Outline Website.
Basser Steps

Study Levels

UNSW Quick Links