A royal charter is a formal grant issued by a monarch under royal prerogative as letters patent. Historically, they have been used to promulgate public laws, the most famous example being the English Magna Carta (great charter) of 1215, but since the 14th century have only been used in place of private acts to grant a right or power to an individual or a body corporate. They were, and are still, used to establish significant organisations such as boroughs (with municipal charters), universities and learned societies.
Charters should be distinguished from royal warrants of appointment, grants of arms and other forms of letters patent, such as those granting an organisation the right to use the word "royal" in their name or granting city status, which do not have legislative effect. The British monarchy has issued over 1,000 royal charters. Of these about 750 remain in existence.
The earliest charter recorded on the UK government's list was granted to the University of Cambridge by Henry III of England in 1231, although older charters are known to have existed including to the Worshipful Company of Weavers in England in 1150 and to the town of Tain in Scotland in 1066. Charters continue to be issued by the British Crown, a recent example being that awarded to the Chartered Institute of Legal Executives (CILEX), and the Chartered Institute of Ergonomics and Human Factors, in 2014.
Charters have been used in Europe since medieval times to grant rights and privileges to towns, boroughs and cities. During the 14th and 15th century the concept of incorporation of a municipality by royal charter evolved. Royal charters were used in England to make the most formal grants of various rights, titles, etc. until the reign of Henry VIII, with letters patent being used for less solemn grants. After the eighth year of Henry VIII, all grants under the Great Seal were issued as letters patent.
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The British Broadcasting Corporation (BBC) is a British public service broadcaster headquartered at the Broadcasting House in London, originally established in 1922 as the British Broadcasting Company and evolved into its current state with its current name on New Year's Day 1927. The oldest and largest local and global broadcaster by stature and by number of employees, it employs over 21,000 staff in total, of whom approximately 17,900 are in public-sector broadcasting.
The British Library is a research library in London that is the national library of the United Kingdom. It is one of the two largest libraries in the world, along with the Library of Congress. It is estimated to contain between 170 and 200 million items from many countries. As a legal deposit library, the British Library receives copies of all books produced in the United Kingdom and Ireland, including a significant proportion of overseas titles distributed in the UK.
The royal prerogative is a body of customary authority, privilege, and immunity recognized in common law (and sometimes in civil law jurisdictions possessing a monarchy) as belonging to the sovereign, and which have become widely vested in the government. It is the means by which some of the executive powers of government, possessed by and vested in a monarch with regard to the process of governance of the state, are carried out.
Classical theory asserts that the formation of prices is the result of aggregated decisions ofeconomics agent such as households or corporation. However central banks are very importantagents that have often been neglected in asset pricing models. Central ...
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The metabolic capabilities of the species and the local environment shape the microbial interactions in a community either through the exchange of metabolic products or the competition for the resources. Cells are often arranged in close proximity to each ...
We develop an estimation technique for problems that involve multiple sources of uncertainties or errors in the data. The method allows the designer to explicitly incorporate into the problem formulation bounds on the sizes of the uncertainties; thus leadi ...