(1) This Part applies as follows -

(a) where a decision with respect to the approval of a proposed voluntary arrangement having a qualifying purpose is made under section 4A of the 1986 Act or Article 17A of the 1989 Order on or after 5th May 2004 in relation to a UK credit institution;

(b) where an administration order made under paragraph 13 of Schedule B1 to the 1986 Act, paragraph 14 of Schedule B1 to the 1989 Order, section 8(1) of the 1986 Act or Article 21(1) of the 1989 Order on or after 5th May 2004 is in force in relation to a UK credit institution;

(c) where a UK credit institution is subject to a relevant winding up;

(d) where a provisional liquidator is appointed in relation to a UK credit institution on or after 5th May 2004; or

(e) where a stabilisation instrument is made in respect of a UK credit institution.

(2) For the purposes of paragraph (1)(a), a voluntary arrangement has a qualifying purpose if it -