Redemption

The Court must formally approve by ballot each application before the Freedom of the Company is granted.

Following approval, the candidate comes before the Court to receive the Freedom at a formal ceremony and to pay the membership cost (‘fine’). No further fee (‘quarterage’) is payable in the first year, but quarterage is payable annually, set at a rate fixed by the Court each year. (discounted rates apply for members under 35 years old).

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