12 President or chairman of [employment tribunals]

12  President or chairman of [employment tribunals]

(1)     This section applies to any holder on a full-time basis of any of the following offices established by regulations under [section 1(1) of [the Employment Tribunals Act 1996]], namely—

(a)     [President of the Employment Tribunals (England and Wales)],

(b)     [President of the Employment Tribunals (Scotland)],

(c)     member of a panel of [Employment Judges] so established,

if remunerated, apart from any allowances, on an annual basis.

(2)     A person to whom this section applies may on the recommendation of the Secretary of State be granted a pension—

(a)     if he retires after 15 years relevant service and at the time of

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