On 11 July 2008, the Ministry of Finance promulgated the revised Administrative Measures for the Asset Disposal by Financial Asset-management Companies which took immediate effect. The revised measures provide that asset-management companies can utilise foreign investment to restructure and dispose their assets. Such disposal schemes will be determined and enforced in accordance with foreign investment laws and regulations as well as asset disposal procedures. The revised measures also permit asset management companies to dispose their assets through asset swap, debt-equity conversion, asset securitisation, leasing, transfer or restructuring.