24Standby arrangements, unused credit facilities etc

## 24 Standby arrangements, unused credit facilities etc (1) In this clause, corporation to which this clause applies means a company or an entity in an economic entity, that is: (a) a borrowing corporation; or (b) a guarantor corporation; or (c) a corporation to which the Financial Corporations Act 1974 applies. (2) For the purposes of this clause, each of the following is a type of financing arrangement: (a) credit standby arrangements; (b) loan rollover facilities; or (c) all other financing arrangements. (3) If at the end of a financial period a corporation to which this clause applies has access to or provides a financing arrangement, the accounts or, if the corporation is an entity in an economic entity, the consolidated accounts relating to that economic entity, for that period, must include a note stating for that financing arrangement or all financing arrangements of the same type: (a) its nature; and (b) the amount or the total amount of finance that is so accessible or is so provided; and (c) a summary of restrictions as to its use or withdrawal; and (d) in the case of a credit standby arrangement — the total amount of credit unused.