Additional operation

Subdivision 230-J extends the operation of TOFA to arrangements that would not otherwise satisfy the definition of a financial arrangement.

Section 230-530 deems the following to be financial arrangements:

• foreign currency
• legal form shares that are not equity interests in a company (non-equity shares)
• in certain circumstances, commodities and offsetting commodity contracts held by traders.

See also:

• Subdivision 230-J – Additional operation of Division