The Minister shall, in a manner ensuring the independence of adjudicators in the performance of their functions, make regulations to provide for each of the following:

(a) the term of appointment of adjudicators (including the term of appointment of a Chief Adjudicator), which term shall be specified in the instrument of appointment, and may be -

(i) fixed and non-renewable, or

(ii) fixed and renewable based upon objective, independently assessed competence-based criteria prescribed by the Minister under section 75(3);

(b) the remuneration of the Chief Adjudicator and other adjudicators, which remuneration may -

(i) not be reduced during the term of their appointment save in accordance with law, and

(ii) vary depending on the category of person prescribed by the Minister under section 75(3) into which the adjudicator falls;