This is how it works:
1. You receive Band 6/Band E4 in at least 10 units then you are on the All Rounders list and will receive the Premiers Award.
2. You will receive a letter in the mail from the board of studies in later december/early january (cant remember 100%) explaining you won the award and the procedures and an response form. Theres also 2 tickets which allows you to invite (at most) 2 other people to come with you.
3. The ceremony is in late January or February (again, cant remember 100%) in the city. You need to be there a lot earlier than the ceremony starts because they run you through a rehearsal, and only students are allowed so if you bring someone they need to find something to do for 1+ hours.
4. When the ceremony starts, students sit on the upper level of the seating in alphabetical order, parents/guests sit on the lower level.
5. You sit through every single person getting the award one at a time, takes 2-3 hours at least. In the end you get a trophy and a group of 6 photo with the premier (the photo gets sent to your house some time later).
6. Theres catering after i think, although not sure what since i left straight after
Personally, I wouldnt have gone if my parents hadnt forced me. You can choose, from the letter they send, for them to send the award home. Unless you want a photo with the premier or want to be formally recognised in front of a large crowd, theres not much point to it...for me at least.