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:
Jail for man who tried to gouge a police officer's eyes out
35-year-old said he knew he'd be jailed so 'might as well make it worthwhile'
Response to census "exceptionally good" so far, says minister
Ashford says more than half of returns already received
Rushen MHK calls for progress on 20mph zones in south
Former DoI minister claims constituents still want to see limits reduced
Man caught with indecent images of children spared jail
39-year-old handed suspended sentence