Expenses incurred by the Minister in the administration of this Act are to be paid out of moneys provided by the Oireachtas to the extent sanctioned by the Minister for Public Expenditure and Reform. Expenses incurred by the Ombudsman in the performance of functions under the Act are allocated: insofar as they relate to investigations of complaints regarding financial service providers they shall be paid from moneys provided by the financial services industry levy; insofar as they relate to investigations of complaints regarding pension providers they shall, to such extent as may be sanctioned by the Minister, be paid from moneys provided by the Oireachtas.

The calculation of expenses charged to the levy and to the Oireachtas is to be based on the percentage division of complaints received by the Ombudsman in the three immediately preceding financial years between complaints relating to financial service providers and complaints relating to pension providers dealt with by the Ombudsman in the previous financial year. Any issue as to whether expenses fall within the levy-funded or Oireachtas-funded category shall be referred to the Minister, whose decision on the matter shall be final.