The Taxes Consolidation Act 1997 is amended, in Chapter 1 of Part 7, by the insertion of the following section after section 194A (inserted by section 47 of the Social Welfare Law Reform and Pensions Act 2006):

"194B. Back to work family dividend

Back to work family dividend payable under Part 7A (inserted by section 8 of the Social Welfare (Miscellaneous Provisions) Act 2015) of the Social Welfare Consolidation Act 2005 shall be exempt from income tax and shall not be reckoned in computing income for the purposes of the Income Tax Acts.".