Manage information on legal entities, relationships and property

Unit of competency Outline

Date retreived
22/07/2026 3:23 PM AWST

Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.

Unit of competency

National Code
PSPREV003

State Code
AWT65

TGA Status
Replaced

DTWD Status
Replaced

Current Release Number
1.00

Current Release Date
07/03/2016

View on TGA

State Implementation and Classification

Approved Date

21/07/2016

Field of Education

090901 - Business And Commercial Law

Original Release Date

21/07/2016

Nominal Hours

Description

This unit describes the skills required to apply the legal principles that apply to legal entities, relationships and property. It includes determining legal entities and identifying and applying information relating to legal relationships and to property and assets of legal entities.This unit applies to those working to manage information regarding legal entities and their relationships and assets.The skills and knowledge described in this unit must be applied within the legislative, regulatory and policy environment in which they are carried out. Organisational policies and procedures must be consulted and adhered to.Those undertaking this unit would work independently, performing complex tasks in a familiar context.No licensing, legislative or certification requirements apply to unit at the time of publication.

Notes

Elements and Performance Criteria

1. Determine legal entities

1.1 Identify types of legal entities and confirm features of each.
1.2 Analyse transactions to determine the legal entities involved.
1.3 Determine liabilities of legal entities in accordance with the particular transactions.

2. Identify and apply information relating to legal relationships

2.1 Identify formation, type and nature of the legal relationshipsinvolved in transactions.
2.2 Map interrelationships involved in transactions to guide decision making.
2.3 Identify legal responsibilities of particular relationships in accordance with the particular transactions.
2.4 Make decisions and determine liabilities in accordance with the interrelationships and responsibilities determined.

3. Identify and apply information relating to property and assets of legal entities

3.1 Clarify the nature and legal types of property, and the principles relating to them.
3.2 Use principles relating to real and personal property, leases, licences and assignment of property to map the property and assets of legal entities.
3.3 Identify value of property and nature of ownership.
3.4 Identify and analyse mortgages, easements, memorials, restrictive covenants and other relevant documents for their effect on property ownership.
3.5 Map the property and assets of legal entities and examine and record their interrelationships.
3.6 Make decisions and determine liabilities in accordance with the property and assets of, and relationships between, the legal entities.

No information

Replaces

State Code	National Code	Title	Type
WJ083	PSPREV403A	Manage information on legal entities, relationships and property	Unit of competency

Replaced By

State Code	National Code	Title	Type
ODW54	PSPREV012	Manage information on legal entities, relationships and property	Unit of competency

State Code	National Code	Title	Type
AZX9	PSP40116	Certificate IV in Government	Qualification