Taxation of financial arrangements: interaction between Division 974 of the Income Tax Assessment Act 1997 (ITAA 1997) and the definition of a financial arrangement (equity interest or right or obligation in relation to an equity interest) in Division 230 of the ITAA 1997

principal definition of a financial arrangement in subsection 230-45(1) dealing with cash settlable rights and obligations to financial benefits; or 2. secondary definition of a financial arrangement in section 230-50 dealing with equity interests and rights and obligations to equity interests.