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:
Cregneash bus campaigners hold meeting
Campaigners demanding the return of a bus service to one of the Island's best-loved beauty spots will hold a coffee morning later this month.
Silt at new Liverpool ferry terminal means sailings rescheduled
The Steam Packet Company says silting underneath the new ferry terminal in Liverpool means it's rescheduling a number of sailings next week.
Minister defends Manx Care mandate consultation
Health Minister Claire Christian says a new mandate for Manx Care has undergone significant consultation as it was put together.
Prescription mistakes under the spotlight
Health Minister Claire Christian says incorrect prescriptions were given 63 times in clinical settings over the past three years.
First cruise ship of the season this weekend
The first cruise ship of this year's season is due to arrive in Manx waters this weekend.
South African immigration company applies to be dissolved
A company that helps people move from South Africa to the Isle of Man has applied to be dissolved.
Council plans to keep off the grass!
The grass will be greener in Douglas next month - as the council leaves it alone.
Tynwald Day stall application deadline approaches
There's still time to be part of the island's national day festivities this summer.
