Course Title: Establish, supervise and monitor practice systems to conform with legislation and regulations

Part A: Course Overview

Program: C6164 Advanced Diploma of Conveyancing

Course Title: Establish, supervise and monitor practice systems to conform with legislation and regulations

Portfolio: Vocational Education

Nominal Hours: 60

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.


Course Code




Learning Mode

Teaching Period(s)


City Campus


650T Vocational Business Education


Term2 2019,
Term1 2020,
Term2 2020,
Term1 2021,
Term2 2021

Course Contact: Theresa Lyford

Course Contact Phone: +61 3 99255444

Course Contact Email:

Course Description

This unit describes the skills and knowledge required to establish, supervise and monitor systems to ensure that a practice or unit of business conforms to legislative and regulatory requirements, and meets standards defined in professional codes of practice.

It applies to individuals who use specialised knowledge, systematic approaches and analytical skills to provide leadership in ensuring compliance and quality standards are met.

Pre-requisite Courses and Assumed Knowledge and Capabilities


National Competency Codes and Titles

National Element Code & Title:

FNSPRM601 Establish, supervise and monitor practice systems to conform with legislation and regulations


1. Identify legislation, regulations and codes of practice relevant to the practice

2. Establish and document procedures for compliance of the practice with relevant legislation, regulations and codes of practice

3. Establish risk management procedures for compliance with legislation and regulations

4. Identify and establish appropriate resources for ensuring the practice can meet its legislative and regulatory requirements

Learning Outcomes


Overview of Assessment

In order to achieve competency in this unit, you must provide:

Performance Evidence

Evidence of the ability to:

  • develop strategies to obtain a wide range of relevant information and assess its accuracy and relevance
  • assess risks and benefits associated with using legislation and regulation databases and systems against practice requirements to make recommendations
  • develop and document compliance and risk management procedures
  • apply cost benefit analyses to ensure optimal development of systems and procedures
  • comply with risk management standards
  • develop procedures and processes for monitoring ethical operations of the practice and of outsourced third party providers.

Knowledge Evidence

To complete the unit requirements safely and effectively, the individual must:

  • describe the key requirements of relevant legislation, regulations and codes of practice using knowledge of a wide range of available information sources, including legal resources
  • describe a range of documentation systems, including registry and library processes
  • describe the key features of:
  • financial practice administrative processes and systems
  • human resources procedures and training options
  • office information technology systems and software
  • describe the key processes and products of financial professional services
  • outline the professional development options for financial personnel
  • explain the key requirements of relevant legislation, regulations and codes of practice
  • compare and contrast risk management techniques and tools.

Assessment Conditions

Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the legal services administration field of work and include access to:

  • office equipment and resources
  • legislation and regulations relevant to contract law
  • sources of information about contract law.       

You are advised that you are likely to be asked to personally demonstrate your assessment work to your teacher to ensure that the relevant competency standards are being met.


Feedback will be provided throughout the semester in class and/or online discussions. You are encouraged to ask and answer questions during class time and online sessions so that you can obtain feedback on your understanding of the concepts and issues being discussed.

You should take note of all feedback received and use this information to improve your learning outcomes and final performance in the course. Finally, you can email or arrange an appointment with your teacher to gain more feedback on your progress.