Assessor Resource

BSBLEG513
Apply legal principles in corporation law matters

Assessment tool

Version 1.0
Issue Date: April 2024


This unit describes the skills and knowledge required to establish business structures and prepare associated documentation within corporation law frameworks.

It applies to individuals who work under supervision and evaluate information from a variety of sources to complete and despatch required information.

Its application in the workplace is determined by the job role of the individual and legislation, rules, regulations and codes of practice relevant to different jurisdictions.

No licensing, legislative or certification requirements apply to this unit at the time of publication.

You may want to include more information here about the target group and the purpose of the assessments (eg formative, summative, recognition)


Evidence Required

List the assessment methods to be used and the context and resources required for assessment. Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Identify laws and principles of corporation law

1.1 Source knowledge of corporation law and related legislation

1.2 Identify different types of business structures and clearly outline their structure, personnel, legal obligations, establishment procedures and purpose

1.3 Identify differences between proprietary companies and public companies, and clearly outline the legal obligations, criteria and purpose of each

2. Enhance professional practice through application of relevant corporation law principles to business structures

2.1 Identify consequences of incorporation

2.2 Identify structure, contents and purposes of an organisation’s memorandum of association and articles of association

2.3 Identify other specific activities relevant to corporation law

3. Undertake administrative tasks associated with corporation law

3.1 Prepare forms, documents and annexures at appropriate time, present to designated person for review and sign-off, and lodge with appropriate government department

3.2 Make arrangements for documents to be despatched, signed and witnessed by appropriate parties

3.3 Provide assistance in preparing company prospectus where required

3.4 Arrange meetings as necessary to discuss nature of debenture and assets underwriting the charge

3.5 Undertake appropriate searches and obtain search documents from relevant agencies

3.6 Prepare forms and documents related to administration of charges at appropriate time, present to designated person for review and sign-off, and lodge with appropriate government department

3.7 Determine types of costs for legal services in accordance with legislative and regulatory requirements

3.8 Make arrangements for documents to be despatched, signed and witnessed by appropriate parties

Submission Requirements

List each assessment task's title, type (eg project, observation/demonstration, essay, assingnment, checklist) and due date here

Assessment task 1: [title]      Due date:

(add new lines for each of the assessment tasks)

Assessment Tasks

Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Identify laws and principles of corporation law

1.1 Source knowledge of corporation law and related legislation

1.2 Identify different types of business structures and clearly outline their structure, personnel, legal obligations, establishment procedures and purpose

1.3 Identify differences between proprietary companies and public companies, and clearly outline the legal obligations, criteria and purpose of each

2. Enhance professional practice through application of relevant corporation law principles to business structures

2.1 Identify consequences of incorporation

2.2 Identify structure, contents and purposes of an organisation’s memorandum of association and articles of association

2.3 Identify other specific activities relevant to corporation law

3. Undertake administrative tasks associated with corporation law

3.1 Prepare forms, documents and annexures at appropriate time, present to designated person for review and sign-off, and lodge with appropriate government department

3.2 Make arrangements for documents to be despatched, signed and witnessed by appropriate parties

3.3 Provide assistance in preparing company prospectus where required

3.4 Arrange meetings as necessary to discuss nature of debenture and assets underwriting the charge

3.5 Undertake appropriate searches and obtain search documents from relevant agencies

3.6 Prepare forms and documents related to administration of charges at appropriate time, present to designated person for review and sign-off, and lodge with appropriate government department

3.7 Determine types of costs for legal services in accordance with legislative and regulatory requirements

3.8 Make arrangements for documents to be despatched, signed and witnessed by appropriate parties

Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.

Observation Checklist

Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice Yes No Comments/feedback
Source knowledge of corporation law and related legislation 
Identify different types of business structures and clearly outline their structure, personnel, legal obligations, establishment procedures and purpose 
Identify differences between proprietary companies and public companies, and clearly outline the legal obligations, criteria and purpose of each 
Identify consequences of incorporation 
Identify structure, contents and purposes of an organisation’s memorandum of association and articles of association 
Identify other specific activities relevant to corporation law 
Prepare forms, documents and annexures at appropriate time, present to designated person for review and sign-off, and lodge with appropriate government department 
Make arrangements for documents to be despatched, signed and witnessed by appropriate parties 
Provide assistance in preparing company prospectus where required 
Arrange meetings as necessary to discuss nature of debenture and assets underwriting the charge 
Undertake appropriate searches and obtain search documents from relevant agencies 
Prepare forms and documents related to administration of charges at appropriate time, present to designated person for review and sign-off, and lodge with appropriate government department 
Determine types of costs for legal services in accordance with legislative and regulatory requirements 

Forms

Assessment Cover Sheet

BSBLEG513 - Apply legal principles in corporation law matters
Assessment task 1: [title]

Student name:

Student ID:

I declare that the assessment tasks submitted for this unit are my own work.

Student signature:

Result: Competent Not yet competent

Feedback to student

 

 

 

 

 

 

 

 

Assessor name:

Signature:

Date:

Assessment Record Sheet

BSBLEG513 - Apply legal principles in corporation law matters

Student name:

Student ID:

Assessment task 1: [title] Result: Competent Not yet competent

(add lines for each task)

Feedback to student:

 

 

 

 

 

 

 

 

Overall assessment result: Competent Not yet competent

Assessor name:

Signature:

Date:

Student signature:

Date: