Bhutan’s political system has evolved from an absolute monarchy into a constitutional monarchy. On the 17th of December 2005, the 4th King, His Majesty Jigme Singye Wangchuck, announced to a stunned nation that the first general elections would be held in 2008, and that he would abdicate the throne in favor of his eldest son, the crown prince. His Majesty King Jigme Khesar Namgyal Wangchuck took the throne on December 14, 2006 upon his father’s abdication. His Majesty King Jigme Khesar Namgyel Wangchuck was adorned with Bhutan’s Raven Crown at an ornate coronation ceremony in Thimphu on Thursday, November 6, 2008, becoming the world’s youngest reigning monarch and head of the newest democracy. The new democratic system comprises an upper and lower house, the latter based on political party affiliations. Elections for the upper house (National Council) were held on December 31, 2007, while elections for the lower house, the 47-seat National Assembly, were held on March 24, 2008. Two political parties, the People’s Democratic Party (PDP) headed by Sangay Ngedup, and the Druk Phuensum Tshogpa (DPT) headed by Jigmi Thinley, competed in the National Assembly election. The Druk Phuensum Tshogpa won the elections taking 45 out of 47 seats in the parliament. Judicial power is vested in the courts of Bhutan with the Chief Justice as the Head of the Supreme Court.