ANZ National has increased its committed facility to UDC Finance by a further NZ$150 million, as of September 30.The latest increase takes the total amount of commitment to NZ$800 million, from NZ$650 million as of March 2010. In March 2009, the facility stood at NZ$500 million.UDC began accessing amounts from this facility from September last year, when it took up NZ$50 million. By March 2010, the amount had increased to NZ$275 million. It is unclear what the drawn amount was as of September, but given the expected bunch-up in maturity, ahead of the expiry of the government's guarantee, the tapped amount is expected to have increased in recent months. UDC has decided it will not participate in the extended guarantee.While the Reserve Bank's related party exposure norms don't apply to funding exposures, UDC bears related party risk in relation to its cash deposits with ANZ Treasury. Meanwhile, UDC says it has applied to the Reserve Bank for exemption on norms related to minimum capital, related party exposure and governance that will come in force on December 1. UDC contends it is already subject to certain regulation because it is owned by the ANZ.