Iceland current license period is two years, i.e. from January 1, 2015 to December 31, 2016.
Iceland arestations are allowed 150 kHz, i.e. 5260-5410 kHz with VFO, on secondary basis; maximum power is 100W (ERP).
Allowed modes to use J3E (USB), A1A (CW) and 6OH0J2B (PSK-31); maximum transmit bandwidth is 3 kHz.
Iceland hams need to apply for a special license which is valid for the 2 years.
Both license classes, i.e. N and G have the same privileges.
Sincererly,Jónas Bjarnason, TF3JB.