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:
Footage circulating on social media 'now an active investigation'
'We understand that the video is already in the public domain, but we are asking people not to speculate'
Annual Tynwald Day celebrations to get underway
Acts from the last year to be promulgated
Sharp rise in data breaches on Island, says Information Commissioner's Office
Around 31,600 people thought to have been affected in 2025/26 year
Sixth candidate declares for Rushen
Mark Kemp to stand in September's General Election