# Insolvency Act 1986, Paragraph 8


(1) The total value of the debtor's property on the determination date does not exceed the prescribed amount.
(2) The rules may—
(a) make provision as to how the value of a person's property is to be determined;
(b) provide that particular descriptions of property are to be excluded for the purposes of this paragraph.

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Source: https://www.legislation.gov.uk/ukpga/1986/45/schedule/4ZA/paragraph/8 (the official version)
Page: https://openlegislation.uk/insolvency-act-1986/schedule-4ZA/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.