Sri Lanka, March 8 -- Prime Minister Dinesh Gunawardena assured in Parliament yesterday (7) that until the necessary amendments are submitted to Parliament, the Cabinet decision to suspend the parate law will be implemented immediately. He also emphasized that the arbitration committee in the banking sector should be made operational.

The Prime Minister expressed these views while replying to a question raised by the Opposition Leader in Parliament stating that commercial banks are working to auction people's land and property under the existing parate law and the government should intervene to prevent it.

Prime Minister Dinesh Gunawardena said he completely agrees with the parate execution law. It has been revised several times in the ...