Section 17:15C-3 - Inapplicability of act; exemptionsa. This act shall not apply to:(1) The United States or any department, agency, or instrumentality thereof;(2) The United States Postal Service;(3) The State or any political subdivision thereof;(4) Banks, bank holding companies, credit unions, building and loan associations, savings and loan associations, savings banks or mutual banks organized under the laws of any state or the United States, provided that they do not issue or sell payment instruments through authorized delegates who are not banks, bank holding companies, credit unions, building and loan associations, savings and loan associations, savings banks or mutual banks;(5) The provision of electronic transfer of government benefits for any federal, state or county agency as defined in Regulation E, 12 C.F.R. s. 205.1 et seq., by a contractor for and on behalf of the United States or any department, agency or instrumentality thereof, or any state or political subdivision thereof; and(6) A person licensed to conduct business as a debt adjuster pursuant to P.L. 1979, c.16 (C.17:16G-1 et seq.), when acting within the scope of activities regulated by that license.b. Authorized delegates of a licensee, acting within the scope of authority conferred by a written contract as described in section 17 of this act shall not be required to obtain a license pursuant to this act.