2.1.622 Part 1 Section, formula2 (Formula 2)

a.   The standard states that the contents of this element are an extension on the ST_Formula simple type.

Excel requires the contents of this element to follow the grammar for a data validation formula, as defined in Data Validation Formulas (§, Data Validation Formulas).

b.   The standard makes no mention of an xml:space attribute.

Excel uses this attribute to specify, using the W3C space preservation rules, how white space should be handled for the element's contents; its allowed values are defined by the XML 1.0 specification.