The International Rugby Board has settled an agreement between the Fiji Rugby Union and the Fiji Government which will see the Government's commitment to fund Fiji's Rugby World Cup campaign.

In a press release issued by the IRB, the FRU and the Fiji Government have agreed on five key actions.

Those involved in the lottery to stand down from the FRU Board pending the result of ongoing legal proceedings into the matter.

The Commerce Commission to release paperwork to allow the FRU to complete its lottery report, which will then be subject to scrutiny by the Commerce Commission and any other legal entity as required by law.

Elections to the FRU Board to be held as planned at the Annual General Meeting in April.

The FRU to run the elections, with the Fiji Olympic Committee to oversee the elections if invited by the FRU Board to do so.

The FRU CEO's resignation to be accepted or otherwise by the newly elected FRU Board and the Government grant of $3 million to be paid to the FRU in accordance with the Fiji Government's accounting and monitoring procedures.

When contacted this afternoon, FRU's Interim Chairman, Rafaele Kasibulu confirmed being notified on the matter.