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Insolvency Act 1986
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- UK Public General Acts
- 1986 c. 45
- SCHEDULE 4ZA
- Part 2
- Paragraph 10
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Valid from 24/02/2009
[F110(1)The debtor has not given a preference to any person during the period between—E+W
(a)the start of the period of two years ending with the application date; and
(b)the determination date.
(2)For this purpose a debtor gives a preference to a person if—
(a)that person is one of the debtor's creditors to whom a qualifying debt is owed or is a surety or guarantor for any such debt, and
(b)the debtor does anything or suffers anything to be done which (in either case) has the effect of putting that person into a position which, in the event that a debt relief order is made in relation to the debtor, will be better than the position he would have been in if that thing had not been done.]
Textual Amendments
F1Sch. 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
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