Michael D'Arcy (Wexford, Fine Gael)
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Section 3 provides that the expenses incurred by the Minister for Finance in relation to the Act shall be funded by the Exchequer as sanctioned by the Minister for Public Expenditure and Reform.

The expenses incurred by the Minister for Finance in respect of the Act shall be funded by the Exchequer as sanctioned by the Minister for Public Expenditure and Reform. Expenses incurred by the ombudsman in the performance of his or her functions shall be part-funded by a financial services industry levy and part-funded by the Exchequer in respect of pension complaints. Section 3(3) sets out how the expenses incurred by the ombudsman are to be apportioned between financial services industry levy and moneys provided by the Oireachtas based on the division of workload from the previous year.