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:
'Possibly the most prolific drug dealer the island has seen' sentenced
Analysis: Could the next Budget leave you with more take-home pay?
Jail for mother who violently shook her infant son
Friday sailings in doubt