Measure seen as a "last resort"
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.
The Council of Minister's and Tynwald's approval would be needed.
Environment Minister Clare Barber has stressed this measure exists as a last resort:
Police not aware of 'risks or threats' to General Election candidates
Investigation started after damage to campaign signage in north
Two candidates to contest Marown Commissioners by-election
Polling will take place on 8 October
Extension sought for Westmoreland Village scheme
Approval was greenlit in May 2025 but has not yet been finalised
Farmers call for better visibility of Manx produce in supermarkets
Food security hot topic ahead of upcoming General Election