ACC President Jagmohan Dalmiya said a charitable trust was being formed to organise the fundraiser as advised by the Finance Ministry.
The announcement of the venue got delayed as he was engaged in consulations with the Finance Ministry for the last one week on the issue of tax exemption, he said.
"I met the Finance Minister on January 11 to make the request for tax exemption, a pre-requisite for hosting the match. And thereafter the matter was worked out," he said.
He said that the trust was being put up only for organising the one-off match, adding the details of the body would be disclosed later.
"The trust will take care not only of the financial matters related to the match, but the entire organisational aspect would be handed over to it," he said.
The proceeds from the game would be collected by ACC before being distributed among the tsunami affected victims.
Other details like live telecast and composition of the teams would be decided in the next few days.
He, however, said that the match was likely to be a day-night affair.
The first of the the tsunami benefit cricket matches was held in Melbourne on January 10 in which Ricky Ponting led Rest of the World defeated Asia XI, captained by Sourav Ganguly, by 112 runs.