(1) The following definition is designated with respect to ‘relevant trust’:

‘relevant trust’ means an express trust established by deed or other declaration in writing and any other arrangement or class of arrangements as may be prescribed but does not include an excluded arrangement.

(2) For the purposes of the definition, designated by subsection (1), with respect to ‘relevant trust’, ‘excluded arrangement’ means an arrangement of the following kind:

(a) an occupational pension scheme that is an approved scheme pursuant to Chapter 1 of Part 30 of the Act of 1997;

(b) an approved retirement fund within the meaning of Chapter 2 of Part 30 of the Act of 1997;

(c) a profit sharing scheme or employee share ownership trust approved pursuant to Part 17 of the Act of 1997;

(d) a trust for restricted shares within the meaning of section 128D of the Act of 1997;

(e) the Haemophilia HIV Trust which was established by deed dated the 22nd day of November 1989, made between the Minister for Health, of the one part and certain other persons, of the other part;