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:
MHK hopeful someone will give pub site new lease of life
Speaker: Number of new MHKs contributing to first Tynwald was 'wonderful'
Smile Dental to restart services in Ramsey later this year
Firefighters tackle battery fire in Douglas