NSWIn ForceAct
Government Insurance Office (Privatisation) Act 1991
24Excluded undertakings
Start here
Get a plain-English read of 24
Turn the raw legal text into a practical explanation grounded in Government Insurance Office (Privatisation) Act 1991.
#### 24 Excluded undertakings
24 Excluded undertakings
> > (1) The Minister may direct, by order in writing, that any assets, rights or liabilities that are part of the business undertaking of GIO or a GIO subsidiary be excluded from that business undertaking and transferred to the Self Insurance Corporation or another person on behalf of the State of New South Wales.
>
> > (2) If an excluded undertaking includes money, the order may direct the payment of the money into the Consolidated Fund.
>
> > (3) An order under this section may define an excluded undertaking by reference to a business undertaking other than any part specified in the order.
>
> > (4) Part 8 applies to an order under this section.
>
> **s 24:** Am 2004 No 106, Sch 2.1 \[3\].