This is the value, as at the relevant date, of the non-market related off-balance sheet contingent liabilities relating to formal standby facilities or credit lines.A formal standby facility or credit line is a formalised arrangement in which the counterparty has the right but not the obligation to draw down funds to a specified limit.In reporting this item the reporting entity is to follow the basis that is used for the preparation of the annual financial statements in accordance with the Australian accounting standards. Actuarial valuations and calculations used in deriving the value of the item must be in accordance with prudential standards.