This is the value, as at the relevant date, of liability for members' benefits. This represents the present obligation to beneficiaries for benefits they are entitled to receive in the future as a result of membership of the Registrable Superannuation Entity in accordance with the relevant accounting standards. 

All items on SRF 720.0 are required for Australia's National Accounts, which is based on the international standard, the System of National Accounts 2008 (2008 SNA) including the definition of market price. For item 26.1, report net assets available to pay benefits in respect of a PST in column 3 'defined contribution members' benefits'. This represents the beneficial rights of unit holders in the trust as a result of investment in the RSE.