[1] It was established in 1993 by the Constitution of Republika Srpska and 'Law on orders and awards' valid since 28 April 1993.

The Medal for Bravery (Medal of Gavrilo Princip) is a Military decoration and has two classes - gold and silver, it is awarded for one or more brave deeds to individuals or smaller units for acts of collective courage.

The inscription on the medal reads: Gavrilo Princip for bravery, Republika Srpska.

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