That's according to Infrastructure Minister Chris Thomas, who says an updated version should be brought in next year.
The code was last significantly updated in 2014, and will now mostly adopt the UK code, but also incorporate local variations such as the horse trams and derestricted roads.
Mr Thomas listed some of the main changes:
10-day bus strike from next weekend
A bus strike later this month will see drivers walking out for 10 days.
Yellow snow warning issued by forecasters
Ronaldsway Met Office has issued a yellow weather warning for snow tonight.
Ramsey harbour keeper completes 3,000-Mile Atlantic crossing
A harbour keeper from Ramsey has completed an epic transatlantic voyage, sailing from Gran Canaria to St Lucia.
Higher ground could see overnight snow
The Island could be in for more snow later.
Investigators say fatal Manx ship sinking 'avoidable'
A shipping disaster which claimed the lives of five crew on a Manx-registered ship was wholly avoidable, according to regulators.
Family's appeal to bring brain-injured dad home
A petition's been launched to help return a young father to the Island after a serious brain injury.
Island animal charity appeals for help after relentless bad weather
A local animal charity is asking for help, due to the persistent bad weather on the Island.
Further appeal for witnesses following incident in Ramsey
Police are still appealing for witnesses after a man was assaulted outside Tesco in Ramsey.
