(1) This section applies to a company–-
(a) that is being wound up (unless the winding up is a members' voluntary winding up), or
(b) that is in administration within the meaning of Schedule B1 to the Insolvency Act 1986 (c. 45) or the Insolvency (Northern Ireland) Order 1989 (S.I. 1989/2405 (N.I. 19)).
