(1) Subject to sections 13 and 14, the Director—
(a) holds office for the period, not exceeding 5 years, specified in his or her instrument of appointment; and
(b) is eligible for reappointment; and
(c) holds office on the terms and conditions specified in his or her instrument of appointment.
(2) If a person who has been a judge of the Supreme Court or County Court is appointed as Director, the appointment does not affect any pension or other rights or privileges the person has as a former judge.