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Minter Ellison launches a new Corporate HQ Advisory resource.
This week, the High Court handed down its decision in Commonwealth Bank of Australia v Barker  HCA 32 – unanimously ruling that the implied term of trust and confidence (Implied Term) is not part of Australian law and overruling the Commonwealth Bank of Australia v Barker  FCAFC 83 (Federal Court Decision).
In this edition of Higher Education Focus, we look at:
In an article published in the Australian Banking & Finance Law Bulletin, Senior Associate Leigh Schultz and Graduate Elizabeth Mason discuss whether foreign lenders are required to register under the Financial Sector (Collection of Data) Act 2001 (Cth). They discuss the criteria for inclusion under the Act, and implications for those that fall under its umbrella. However, there are some complicating factors that make its application unclear.