Order of the Falcon republic, new statutes were incorporated for the Order on 11 July 1944. The Republic of Iceland replaced the King by an elected President of Iceland who is the designated Grand Master of this Order. It may be awarded to both Icelanders and citizens of other countries for achievements in Iceland or internationally. A five-member council makes recommendations on awards to the Grand Master, who then grants the award. However, the Grand Master may award the Order without recommendations from the Order Council. The Grand Master and the Chairman of the Order Council then sign the Letters Patent, which are given
Order of the White Lion two crossed palms above the badge) and military (with two crossed swords above the badge). Medals were made of gold and silver. The numbers of recipients was originally limited, with the limits changing during later years. The Statutes of the order were amended in 1924, 1930, and 1936. The badge of the Order was a five-sided red enameled star, the ends adorned with small balls, and with leaflets between the arms. In middle of the star is a silver lion, taken from the national coat of arms. The reverse or the Star is also red enameled, with the coat of