It's been confirmed the proposal which could speed up repayments to Kaupthing Singer and Friedlander depositors will cost £94 million pounds.
The KSF Limited Early Payment Scheme would increase the payment each eligible account holder could receive to an amount not exceeding £10,000.
It will go before Tynwald for approval next week.
Mountain Road to remain shut overnight
Route has been subject to repairs at Brandywell Corner
Manx veteran killed in Ukraine repatriated to Island
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Weather set to take a turn this afternoon
Income Support services moved online
Claimants need to register with Isle of Man Government Online Services