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The ICC Twenty20 World Championship is the international championship of Twenty20 cricket. The event is organised by the sport's governing body, the International Cricket Council (ICC) and is contested by all Test-playing nations (currently the only ten teams officially allowed to play the longest form and highest level of cricket), plus qualifiers. The inaugural championship is going to be held in South Africa in 2007. The tournament will consist of 12 teams. The championship will be held around every two years.