Oireachtas Joint and Select Committees
Thursday, 29 June 2017
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Financial Services and Pensions Ombudsman Bill 2017: Committee Stage
10:00 am
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
It is a convoluted process. I would rather that more of this was funded by the industry. This is a hybrid model, with money provided by the industry and the Exchequer, with the number of complaints having to be worked out to apportion the funding. It is not a clear and clean way for the Minister to budget for an organisation he or she is overseeing. There are two sources of income.
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