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The Waterloo Ceremony is an annual event where the Duke of Wellington pays a symbolic rent for his residence to the reigning Monarch. The ceremony takes place at Windsor Castle each year on the 18th of June.
Every year, the current Duke of Wellington pays the symbolic rent to the reigning Monarch in the form of a flag.
A silk French tricolour, with gold embroidery, and imprinted with the year of presentation upon it, is handed to HM The Queen by the Duke on the anniversary of the victory of the battle, while the Queen is at Windsor. Therefore, a new flag is produced each year.
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