Treasury chief puts pen to paper to seal multi-million pound takeover
Government has completed a deal to purchase the Steam Packet Company.
Tynwald members overwhelmingly supported the £124m of what Chief Minister Howard Quayle described as a 'once-in-a-lifetime opportunity'.
Treasury Minister Alfred Cannan has now signed the formal agreement which will see control of the Island's sea services shifted to Government.
Mr Cannan says the move is aimed at providing long-term stability to the ownership of the Island's lifeline ferry operations.

Ard-Shirveishagh hopes he's given members enough time to consider 'Charter for Change'
Live video streaming 'significant step' in making parliament more accessible
Treasury: 'Challenging to justify support for heating oil customers'
Increase of more than 500 patients for mental health services over last 12 months