The International Cricket Council Board has unanimously supported a "set of principles relating to the future structure, governance and financial models" of the governing body at a meeting in Dubai.
Here is a list of the principles that have the full backing of the ICC:
- There will be an opportunity for all members to play all formats of cricket on merit, with participation based on meritocracy; no immunity to any country, and no change to membership status.
- A Test Cricket Fund paid equally on an annual basis to all full members (except the Board of Control for Cricket in India, Cricket Australia and the England and Wales Cricket Board) will be introduced to encourage and support Test match cricket.
- A larger percentage from the increasing associate members' surplus will be distributed to the higher performing non-full members.
- Mutually agreed bi-lateral FTP Agreements which will be legally binding and bankable and will run for the same period as the ICC commercial rights cycle (2015-2023).
- Recognition of the need for strong leadership of the ICC, involving leading members, which will involve BCCI taking a central leadership responsibility.
- The establishment of an Executive Committee (ExCo) and Financial & Commercial Affairs Committee (F&CA) to provide leadership at an operational level, with five members, including BCCI, CA and ECB representatives.