Remuneration if the President is not a Judge
(1) The President (other than a President who is a Judge of a court created by the Parliament) is to be paid:
(a) salary at an annual rate equal to the annual rate of salary payable to the Chief Justice of the Federal Court; and
(b) such travelling allowances as are determined from time to time by the Remuneration Tribunal; and
(c) such other allowances as are prescribed by the regulations.
Remuneration if the President is a Judge
(2) A President who is a Judge of a court created by the Parliament must be paid an additional allowance, in accordance with subsection (3), if the salary payable to the person as a Judge is less than the salary that would be payable to the person as President under subsection (1).
(3) The amount of the allowance is the difference between the Judge's salary and the salary that is payable to the President under subsection (1).
(4) The President or a former President must be paid an amount in accordance with subsection 7(5E) of the Remuneration Tribunal Act 1973 if the President, or former President, would be entitled to that amount had the President or former President held the office of Chief Justice of the Federal Court instead of the office of President.