Measure seen as a "last resort"
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.
The Council of Minister's and Tynwald's approval would be needed.
Environment Minister Clare Barber has stressed this measure exists as a last resort:
Four freed from car after Foxdale crash
Fire crews called out in the early hours
‘Cover-up’: Details of ‘peaceful protest’ at prison disputed
Questions raised around how events unfolded at Jurby facility
Castletown Commissioners brands Market Square vandalism an 'act of stupidity'
The local authority claims there was 'blatant damage' to floral planters and displays
Phone users told to 'pipe down' by Wetherspoons
Customers asked to switch their phones to silent or use earphones