(1) In this section -

"Act of 2023" means the Mother and Baby Institutions Payment Scheme Act 2023;

"relevant payment", in relation to a relevant person, means a payment made to the relevant person under paragraph (a), or in respect of the relevant person under paragraph (c), of section 32(1) of the Act of 2023;

"relevant person" has the same meaning as it has in section 2 of the Act of 2023.

(2) Income that -

(a) consists of a relevant payment, or

(b) arises to a relevant person from the investment in whole or in part of a relevant payment or of the income derived from such a payment, being income consisting of dividends or other income which but for this section would be chargeable to tax under Schedule C or under Case III, IV (by virtue of section 59, 745 or 747E) or V of Schedule D or under Schedule F,