It still needs approval from the Council of Minister's and Tynwald
A bill - which would allow a financially distressed energy supplier to be placed into a form of special administration - has been given its second reading in The House of Keys.
It's being stressed that this measure exists as a last resort; the Council of Minister's and Tynwald's approval would be needed.
Environment Minister Clare Barber:
Death of Peel man deemed accidental by inquest
Kian Broadhead died following a road traffic collision at the Devil's Elbow
White Hoe road to partially reopen from Thursday
Manx Utilities work has been progressing ahead of schedule
Tynwald urged to intervene over Post Office service changes amid concerns for digitally excluded
Speaker warns of “two-tier society” as Post Office chairman rejects criticism, citing external pressures and statutory limits
Government 'well capable' of offering energy support if needed, says Chief Minister
Alfred Cannan has been questioned about the conflict in the Middle East