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Taxes Consolidation Act, 1997 (Number 39 of 1997)


189B. Exemption in respect of periodic payments for personal injuries

(1) This section shall apply to any payment made to or in respect of an individual—

(a) pursuant to a periodic payments order within the meaning of Part IVB of the Civil Liability Act 1961 , or

(b) pursuant to any order or other instrument that corresponds to an order referred to in paragraph (a) which is made in accordance with the law of a territory other than the State.

(2) Where, for any year of assessment, an individual is in receipt of a payment to which this section applies, such payment shall be exempt from income tax and shall not be reckoned in computing income for the purposes of the Income Tax Acts.




Inserted by CLAA17s5.