Seanad amendment No. 29: Section 24: In page 26, lines 25 to 29, to delete paragraph (g) and substitute the following:“(g) has not, during the period of 2 years ending on the application date—(i) entered into a transaction with a person at an undervalue that has materially contributed to the debtor’s inability to pay his or her debts (other than any debts due to the person with whom the debtor entered the transaction at an undervalue), or (ii) given a preference to a person that has had the effect of substantially reducing the amount available to the debtor for the payment of his or her debts (other than a debt due to the person who received the preference);”.

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