The amendents to the code were ratified by the ICC Board that met here for two days.
The revision in the code has given fresh hope to banned Pakistan pacer Mohammad Amir to return to action while serving a spot-fixing ban that ends in September 2015.
ICC Chairman N Srinivasan explained the conditions under which a banned player can play domestic cricket before the end of his punishment.
"The revised Code makes provision for a banned player to gain an early return to domestic cricket in certain circumstances," said Srinivasan.
The ICC Board also made some decisions on the upcoming World Cup in Australia and New Zealand.
The most notable of them is that there will be "no super over in tied matches in the knock-out phase".
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