| Area: | School of Business Law |
| Credits: | 25.0 |
| Contact Hours: | 3.0 |
| Lecture: | 1 x 2 Hours Weekly |
| Tutorial: | 1 x 1 Hours Weekly |
| Prerequisite(s): | 11010 (v.2) Law (Contract) 101 or any previous version
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| Syllabus: | Fiduciary relationships. Equitable remedies. Introduction to trusts. Creation of a trust. Failing, setting aside and revocation of trusts. Charitable and purpose trusts. Implied and constructive trusts. Administration of trusts. Personal representatives.Enforcement of a trust and fiduciary obligations. Practical applications of trusts. |
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| Unit Outcomes: | On successful completion of this unit students will have- Analysed the historical aspects and development of trusts and equity. Identified the necessary elements that create the trust. Identified the elements, which might cause the invalidity of the trust. Described the restrictions on alienation including perpetuity. Understanding of the administration of trusts according to common law and statute. |
| Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information. |
| Unit References: | Heydon, Gummow and Austin. Cases and Materials on Equity and Trusts. (fourth edition). Butterworths. Meagher, Gummow and Lehane. (1992). Equity, Doctrines and Remedies. (third edition). Butterworths. Heydon and Loughan. Cases and Materials on Equity and Trusts. (fifth edition). Butterworths. Meagher and Gummow. Law of Trusts in Australia. (sixth edition). Butterworths. Insall, H.K. Trusts. LBC Nutshell. (third edition). LBC |
| Unit Texts: | Evans, M. Outline of Equity and Trusts. (third edition). Butterworths. |
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| Unit Assessment Breakdown: | Final Exam 65%, Mid Semester Test 20%, Tutorial Preparation and Presentation 15%. This is by grade/mark assessment. |
| Year | Location | Period | Internal | Area External | Central External | | 2004 | Bentley Campus | Semester 1 | Y | | | | 2004 | Joondalup Campus | Semester 2 | Y | | | |
