The International Cricket Council has passed key structural and financial reforms that effectively place India, England and Australia in charge of the game.
Indian Cricket Board president N. Srinivasan will consequentially chair the ICC board from July while Cricket Australia chief Wally Edwards will head a newly-formed executive committee.
Pakistan and Sri Lanka abstained from voting, citing need for more time to discuss the proposals, while other eight full members including New Zealand backed the reforms, at the meeting in Singapore.
The proposals have led to widespread criticism with some suggesting that the 'Big Three', who will get a major share of the revenue, will take over the sport at the expense of the other cricketing nations.
The financial restructuring will see India, cricket's biggest fund generator, as well as England and Australia pocketing greater share of the ICC revenue.
The proposed world Test championship has been scrapped and replaced by the 50-overs Champions Trophy tournament in 2017 and 2021.
The associate members will now get a chance to play test cricket with the champions of a lower-tier tournament taking on the lowest-ranked full member in a play-off for test status.
