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:
Amber weather warning issued
It will be in place around high tide on Saturday
Fire service commemorates 9/11
Over 300 firefighters died responding to the attack in NY
Chair of Castletown Commissioners says removal of ATM is a 'blow' to the south
Tony Brown says he is 'disappointed and concerned' about the decision
Sacked: Two police officers dismissed after data offences
Constabulary takes 'robust and appropriate action'
