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:
Bid to reverse fresh Summerland inquests rejection
Appeal begins at Douglas Courthouse
Health funding: "It's a moral question, do you stop some services to come within budget?"
Minister Christian explains why department needs additional £20.8m
Island's current approach to illegal drug use 'harming people', says MHK
Alex Allinson's attempt to set up citizens' jury into recreational cannabis rebuffed
Should Tynwald get final approval over renewable energy projects?
Members vote to reaffirm support for existing 'robust and established processes'
Tynwald to be asked to approve additional £20.8m for health
Significant staffing pressures lead to additional costs in 2025-26