The Liberation Tigers of Tamil Eelam (LTTE) would not decommission its weapons or disband its combat units until the adoption of a new power-sharing constitution it wants in place within six years, the Sunday Leader reported.

"The Tigers will invoke... an interim administrative assembly that would take over the virtual administration of the (war-torn) northeast for a period of six years," the privately-run newspaper said.

Quoting a draft, the newspaper said the Tigers envisaged a system under which they could negotiate direct foreign loans and have greater control over the use of land -- both offered by Colombo in previous peace plans.

The rebels are expected to hand over their proposals on Friday to the Colombo government through Norwegian peace brokers.

The LTTE "also wants specific codes of conduct for its armed units on land and sea along with those of the official armed forces during the interim period," the Sunday Leader said.

The newspaper said the Tigers would offer representation in a 100-member interim council to the country's majority Sinhalese community which is in the minority in the rebel-dominated northern and eastern regions.

The Tigers would also for the first time acknowledge Tamils of "recent Indian origin," offering them places in the interim set-up along with the island's second largest minority, Muslims, the report said.

Last week, the Tigers said they were ready to revive peace talks with the Colombo government any time as they prepared to unveil their power-sharing plan.

The LTTE pulled out of peace talks after a sixth round in March, saying the government was failing to fulfil its promises.

However, official sources said they did not expect the next round of direct peace negotiations to begin until early next year because the government would be preoccupied with parliamentary debate on the national budget.