23. The Taxes Consolidation Act 1997 is amended by the insertion of the following section after section 216D:

“Payments under Part 2 of the Civil Law (Miscellaneous Provisions) Act 2022

216E. A financial contribution payable under Part 2 of the Civil Law (Miscellaneous Provisions) Act 2022 shall be exempt from income tax and shall not be reckoned in computing income for the purposes of the Income Tax Acts.”.