An individual enters into a transaction1 with a person2 at an undervalue if:
(1) 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;
(2) he enters into a transaction with that person in consideration of marriage or the formation of a civil partnership; or
(3) 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,
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