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LAWS457 Secured Transactions


The principles of the law of mortgages and other securities.

Secured lending is an integral part of the commercial world, whether to consumers or to business entities. This paper examines the creation, perfection and enforcement of security interests in personal property and the interface between secured advances and bankruptcy, insolvency and receivership law. It is also concerned with the relative priorities of secured creditors with competing claims to collateral and its proceeds, including the potential for conflicts of law to arise in international transactions. Finally, there is an analysis of the rights of consumer borrowers under both the Personal Property Securities Act and the Consumer Finance and Credit Contracts Act.

Paper title Secured Transactions
Paper code LAWS457
Subject Law
EFTS 0.1000
Points 15 points
Teaching period Not offered in 2020, expected to be offered in 2021
Domestic Tuition Fees (NZD) $672.30
International Tuition Fees (NZD) $3,118.80

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LAWS 202 and LAWS 203 and 36 further LAWS points
Pre or Corequisite
Any 200-level LAWS paper not already passed
Limited to
LLB, LLB(Hons)
Not all optional papers will be available in any given year.
Teaching staff

Associate Professor Barry Allan

Course materials are provided.
Graduate Attributes Emphasised
Global perspective, Interdisciplinary perspective, Lifelong learning, Scholarship, Communication, Critical thinking, Cultural understanding, Ethics, Environmental literacy, Information literacy, Research, Self-motivation, Teamwork.
View more information about Otago's graduate attributes.
Learning Outcomes
Students will have an understanding of the issues related to secured lending.

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Not offered in 2020, expected to be offered in 2021

Teaching method
This paper is taught On Campus
Learning management system