BT.1886 (not?) and ACES Rec 709 Output Transform

I'm starting this new thread because I've discovered that Resolve almost certainly outputs Rec 709 as straight gamma 2.4, not BT.709 when working in ACES color science. (I would hazard a guess it's the same in BMCM). This has had me confused for some time but today I ran some tests that are pretty conclusive. Hopefully someone will jump in and correct me if I'm wrong but some clarity from Blackmagic would help.
Settings:
Using Calman I calibrated two very accurate 3D Color Viewer LUTS for my Dell P2715Q UI monitor: Rec 709 BT.1886 and Rec 709 gamma 2.4. The gamma curves are different as expected
BT1886
gamma 2.4
I then captured SMPTE bars in the Color Page viewer after separately applying the two LUTS to the 3D Color Viewer slot.
CONTINUED IN POST FURTHER DOWN TO INCLUDE INLINE IMAGES
Settings:
Using Calman I calibrated two very accurate 3D Color Viewer LUTS for my Dell P2715Q UI monitor: Rec 709 BT.1886 and Rec 709 gamma 2.4. The gamma curves are different as expected
BT1886
gamma 2.4
I then captured SMPTE bars in the Color Page viewer after separately applying the two LUTS to the 3D Color Viewer slot.
CONTINUED IN POST FURTHER DOWN TO INCLUDE INLINE IMAGES