3‑65 Specified course: commercial law3‑65 Specified course: commercial law

3‑65 Specified course: commercial law

(1) This section specifies a requirement to have completed a course in commercial law (commercial law course). (2) The commercial law course must be one that covers each of the following subject matters: (a) Australian laws relating to contracts; (b) Australian laws relating to organisational business structures and governance; (c) Australian laws relating to torts, particularly the torts of negligence and negligent misstatement; (d) the Competition and Consumer Act 2010.

Note: Organisational business structures referred to in paragraph (b) includes sole traders, partnerships, corporations and trusts.

(3) The commercial law course must be designed to provide a person with, as well as assurances that the person then has, knowledge and skills in the subject matters covered in subsection (2) at not less than an AQF level 5 as described in Australian Qualifications Framework, 2nd edition (January 2013) published by the Australian Qualifications Framework Council.

Note: On the day this instrument was registered, this publication was available at https://www.aqf.edu.au/.

(4) The commercial law course must be provided by a registered higher education provider (within the meaning of the Tertiary Education Quality and Standards Agency Act 2011) or a registered training organisation (within the meaning of the National Vocational Education and Training Regulator Act 2011).