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 Precious Crown The Order of the Precious Crown is now only bestowed upon female members of the Imperial Family and foreign ladies of distinction. The first class honour has been typically conferred to female royalty. As originally conceived, the order consisted of eight classes. Unlike its European counterparts, the order may be conferred posthumously. The "badge" of the order is a gold oval medallion, with floral designs at its four ends; at the centre is an ancient Japanese crown on a blue background, surrounded by a red ring. It is suspended from a smaller badge, its design varies according to class, on