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 Thistle member of the Order attends an event at which decorations are worn. However, on certain collar days designated by the Sovereign, members attending formal events may wear the Order's collar over their military uniform, formal wear, or other costume. They will then substitute the broad riband of another order to which they belong (if any), since the Order of the Thistle is represented by the collar. Upon the death of a Knight or Lady, the insignia must be returned to the Central Chancery of the Orders of Knighthood. The badge and star are returned personally to the Sovereign by the