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 Wheel of the Thunder Dragon Order of the Wheel of the Thunder Dragon The Order of Wheel of the Thunder Dragon (Dzongkha : "Druk Khorlo") is a Single Class Order ranking fourth in the Order of Precedence. It was instituted by King Jigme Dorji Wangchuck on 9 February 1967 an reorganized by King Jigme Khesar Namgyal Wangchuck in January 2008 and consists of a neck Badge and a matching miniature. The 65 mm badge, comprises a back plate of dorjee the point of which form an outer circle, within which a black enamelled circle encloses the King's portrait in gold, on a background of enameled