Finance Act, 1998

Amendment of section 191 (taxation treatment of Hepatitis C compensation payments) of Principal Act.

9.—(1) Section 191 of the Principal Act is hereby amended by the substitution of the following for subsections (1) and (2):

“(1) In this section—

‘the Act’ means the Hepatitis C Compensation Tribunal Act, 1997 ;

‘the Tribunal’ means the Tribunal known as the Hepatitis C Compensation Tribunal established under section 3 of the Act.

(2) This section shall apply to any payment in respect of compensation—

(a) by the Tribunal in accordance with the Act, or

(b) following the institution by or on behalf of a person of a civil action for damages in respect of personal injury,

to a person referred to—

(i) in subsection (1) of section 4 of the Act, in respect of matters referred to in that section, or

(ii) in any regulations made under section 9 of the Act, in respect of matters referred to in those regulations.”.

(2) This section shall apply as on and from the 1st day of November, 1997.