(1)For the purposes of this Chapter an individual has foster-care receipts for a tax year if —
(a)the receipts are in respect of the provision of foster care,
(b)they accrue to the individual during the income period for those receipts (see subsections (2) and (3)), and
(c)the receipts would otherwise be brought into account in calculating the profits of a trade or chargeable to income tax under Chapter 8 of Part 5 (income not otherwise charged).
(2)If the receipts would otherwise be brought into account in calculating the profits of a trade, the income period is the basis period for the tax year (see Chapter 15 of Part 2).
(3)Otherwise the income period is the tax year.