This Division does not apply in relation to your gains and losses from a * financial arrangement if:
(a) the arrangement is a financial arrangement under section 230 - 45; and
(i) you acquired goods or other property (other than goods that are, or property that is, money or a * money equivalent) or services (other than services that are a money equivalent) from another entity and the * financial benefits you are to provide under the arrangement are consideration for those goods, that property or those services; or
(ii) you provided goods or other property (other than goods that are, or other property that is, money or a money equivalent) or services (other than services that are a money equivalent) to another entity and the financial benefits you are to receive under the arrangement are consideration for those goods, that property or those services; and
(c) the period between the following is not more than 12 months:
(i) the time when you are to provide or receive the consideration (or a substantial proportion of it);
(ii) the time when you acquired or provided the property, goods or services (or a substantial proportion of them); and
(d) the arrangement is not a * derivative financial arrangement for any income year; and
(e) a * fair value election does not apply to the arrangement.