7Exclusion of GIO insurance funds administration business

#### 7 Exclusion of GIO insurance funds administration business 7 Exclusion of GIO insurance funds administration business > > (1) The applied provisions do not apply to or in respect of the insurance funds administration business of the Government Insurance Office of New South Wales (that is, business of the kind referred to in section 5B (1) (b) of the Government Insurance Act 1927) or to or in respect of that Office in its conduct of that business. > > > (2) This section continues to have effect with respect to that insurance funds administration business even though it is transferred to another person or body under the [Government Insurance Office (Privatisation) Act 1991](/view/html/inforce/current/act-1991-038). > > **s 7:** Am 1991 No 38, Sch 2.