Honour the broken sceptre (7)

I believe the answer is:

respect

'honour' is the definition.
(synonyms)

'the broken sceptre' is the wordplay.
'the broken' indicates an anagram.
'sceptre' with letters rearranged gives 'RESPECT'.

(Other definitions for respect that I've seen before include "Admire, think highly of" , "Admiration felt for another's good qualities" , "Have high regard for sceptre" , "High opinion or regard for" , "Spectre (anag.)" .)

I've seen this clue in the Sydney Morning Herald.

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