(1) This section applies to any payment in respect of compensation, whether made before, on or after the passing of this Act -
(a) by the Tribunal, or
(b) following the institution by, or on behalf of, an individual of a civil action for damages in respect of personal injury,
to a person in respect of a right of action in relation to which the person may make a claim to the Tribunal under Clause 4 of the Scheme.
(2) For all the purposes of the Income Tax Acts, and notwithstanding any provision of those Acts to the contrary -
(a) income consisting of payments to which this section applies shall be disregarded, and
(b) any payment by the Tribunal to which this section applies shall be treated in all respects as if it were a payment made following the institution, by or on behalf of the person to, or in respect of, whom the payment is made, of a civil action for damages in respect of personal injury.
(3) In this section -
"the Scheme" means the Scheme of Compensation for certain pers