{
  "url": "https://openlegislation.uk/insolvency-act-1986/schedule-4ZA/paragraph-9",
  "json_url": "https://openlegislation.uk/insolvency-act-1986/schedule-4ZA/paragraph-9.json",
  "legislation": "ukpga/1986/45",
  "legislation_title": "Insolvency Act 1986",
  "legislation_url": "https://openlegislation.uk/insolvency-act-1986",
  "path": "schedule/4ZA/paragraph/9",
  "kind": "paragraph",
  "number": "9",
  "heading": null,
  "text": "(1) The debtor has not entered into a transaction with any person at an undervalue during the period between—\n(a) the start of the period of two years ending with the application date; and\n(b) the determination date.\n(2) For this purpose a debtor enters into a transaction with a person at an undervalue if—\n(a) he makes a gift to that person or he otherwise enters into a transaction with that person on terms that provide for him to receive no consideration;\n(b) he enters into a transaction with that person in consideration of marriage or the formation of a civil partnership; or\n(c) he enters into a transaction with that person for a consideration the value of which, in money or money's worth, is significantly less than the value, in money or money's worth, of the consideration provided by the individual.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 4ZA inserted (24.2.2009 for certain purposes otherwise 6.4.2009) by Tribunals, Courts and Enforcement Act 2007 (c. 15), ss. 108(2), 148(5), Sch. 18; S.I. 2009/382, art. 2"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1986/45/schedule/4ZA/paragraph/9",
    "retrieved_at": "2026-11-06T03:34:54.608720+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}