Cabinet decision to suspend ‘Parate Executions’



All Parate Executions have been suspended until Dec. 15, as per a Cabinet decision made today (26 Feb.).

The relevant proposal was furnished by President Ranil Wickremesinghe, in his capacity as the Minister of Finance, following a request made by Justice Minister Wijeyadasa Rajapakshe, and Minister of Industries Ramesh Pathirana.

Accordingly, the relevant amendments are due to be presented before the Parliament soon.

State Minister of Finance Ranjith Siyambalapitiya had informed Parliament last week that steps will be taken to suspend the powers of the ‘Parate execution’ law for a certain period for the purpose of protecting the small and medium-scale entrepreneurs (SMEs).

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Parate execution law to be suspended: Siyambalapitiya


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