The ACC, whose President at present is India's N Srinivasan and chief executive is Bangladesh's Ashraf ul Haq, is responsible for distributing development funds they get from the ICC in the Asian region.
"Yes there has been a rethink on how the development funds are being spent and England, Australia and India all pushed for this rethink as presently the ICC has around 105 full, associate or affiliate members but only in 40 to 45 countries is cricket played seriously and passionately or has a future," a well-informed source told PTI.
The source said if the ICC decides to review its existing model at the annual executive board meeting in June than the very existence of the ACC could be in danger.
"At present the ACC is based in Malaysia with a staff of 10 to 12 people and its administrative and other expenses are also managed from the development funds given to the regional body or from the hosting of the biannual Asia Cup," the source said.
"The problem now cropping up is that there are questions being asked as to what purpose is being fulfilled by giving development funds to a country like Brunei where cricket has no future or standing as a major sport.