Iceland

The Constitution was promulgated by Law No. 33 of 17 June 1944, and subsequently revised seven times. The Constitution does not contain provisions concerning the protection of intellectual property rights. However, article 73 provides general protection over property, stipulating: "[...] No one may be obliged to surrender his property unless required by public interests. Such a measure shall be provided for by law, and full compensation shall be paid."
This Constitution provides for a clear organization of powers, where Chapter One provides for Iceland’s status as a Republic with a parliamentary government, and the separation of the three principal branches of the government; Chapter two stipulates the election and powers of the President; Chapter three and four set out the composition and mandate of the parliament; Chapter five addresses the organization and role of the judiciary.