Course Title: Equity and Trusts

Part A: Course Overview

Course Title: Equity and Trusts

Credit Points: 12


Course Code




Learning Mode

Teaching Period(s)


City Campus


615H Accounting


Sem 1 2008,
Sem 2 2008,
Sem 1 2009,
Sem 2 2009


City Campus


660H Graduate School of Business and Law


Sem 2 2011,
Sem 2 2012,
Sem 2 2014,
Sem 2 2015,
Sem 2 2016,
Sem 2 2017

Course Coordinator: Dr Anne Kallies

Course Coordinator Phone: contact via email

Course Coordinator Email:

Course Coordinator Location: Building 13

Course Coordinator Availability: by appointment

Pre-requisite Courses and Assumed Knowledge and Capabilities

Required Prior Study
040015 - Introduction to the Australian Legal System and Legal Methods

Course Description

This course provides an overview of the fundamental principles of the law relating to equity and trusts. It first examines the history and nature of equity, the nature and creation of equitable interests and equitable priorities and. Relationships of trust are examined, as well as unconscionable conduct, assignments, estoppel, equitable property rights, the institution of the trust, trust classification, trust constitution, statutory formalities applicable to trusts, certainties of intention, trust property and object, trustees’ rights and duties, beneficiaries’ rights and equitable remedies generally. Students are given the knowledge and skills necessary to pursue further studies in the Juris Doctor.

Objectives/Learning Outcomes/Capability Development


On successful completion of this course you will be able to:

  1. Demonstrate an advanced and integrated understanding of Equity and Trust principles
  2. Analyse and research complex problems relating to Equity and Trust principles
  3. Demonstrate sophisticated cognitive skills in approaching legal issues relating to Equity and Trusts and generate appropriate responses
  4. Demonstrate the intellectual and practical skills needed to justify and interpret theoretical propositions, legal methodologies, conclusions and professional decisions and identify, research, evaluate and synthesise relevant factual, legal and policy issues relating to Equity and Trusts principles.

Overview of Learning Activities

To achieve the course objectives you will be required to participate in various learning activities. These activities will include class discussions, leading discussions, research using traditional and digital databases, sourcing, case studies, problem solving, producing written work, collaborating with peers and presentations.

Overview of Learning Resources

Students will be advised of the prescribed text for this course and other reading materials upon enrolment.

Various learning resources are available online through myRMIT/Blackboard. In addition to topic notes; assessment details and a study schedule you may also be provided with links to relevant online information; readings; audio and video clips and communication tools to facilitate collaboration with your peers and to share information.

Resources are also available online through RMIT Library databases and other facilities. If you require assistance with the RMIT library facilities contact the Business Liaison Librarian for your school. Contact details for Business Liaison Librarians are located online on the RMIT Library website.

Additional resources and/or sources to assist your learning will be identified by your course coordinator will be made available to you as required during the teaching period.

Overview of Assessment

The assessment alignment list below shows the assessment tasks against the learning outcomes they develop.

Assessment Task 1: 25%
Linked CLOs: 1, 3

Assessment Task 2: 25%
Linked CLOs: 1, 2, 3

Final Examination: 50%
Linked CLOs: 1, 2, 3, 4

Feedback will be provided throughout the semester in class and/or in online forums through individual and group feedback on practical exercises and by individual consultation.