2 August 1448

No mayor is to have his reward until the chamberlains' account has been written onto a parchment roll, and shown to the council [i.e. audited], and they are acquitted. Nor is any mayor, under penalty of £10 fine, to have possession of any gold or silver belonging to the community, unless he receives it by the hands of the chamberlains then in office.

[The "reward" referred to was a sort of performance bonus, above and beyond the mayoral salary; what started out as an ad hoc reward for some incumbents had, by this time, become a standard payment expected by each mayor. Here the council seems to have been trying to ensure that it was not automatic, but linked to fiscal responsibility if not profitability.]