Remuneration, allowances, benefits and privileges of members
46. (1) A member of the Regulator or a person referred to in section 49(1)(b) or 50(1)(b) who is not subject to the provisions of the Public Service Act, 1994 (Proclamation No. 103 of 1994), or who is not a judge of the High Court of South Africa or a magistrate will be entitled to such remuneration, allowances, including allowances for reimbursement of travelling and subsistence expenses incurred by him or her in the performance of his or her functions under this Act and the Promotion of Access to Information Act, benefits and privileges as the Minister in consultation with the Minister of Finance may determine.
(2) The remuneration, allowances, benefits or privileges of different members of the
Regulator may differ according to the different—
(a) positions held by them in the Regulator; or
(b) functions performed