I suspect that it will be more difficult then herding cats.
What the Feds are attempting to achieve here is bring some of the corporate governance (read company director roles and responsibilities) requirements into the world of sport. This, in theory, should mean that selection and voting for directors (for want of a better word), voting by directors, appointments to key positions and general operational decisions will be made in accordance with the principles of corp/business laws and regulations. This will be in replacement of the ARU and can only be a good thing. The stick is that if changes are not made to bring sports into line with good corporate governance then funding will be removed or reduced. Something no sport can do without.
We already have the share holders voting on selection of directors with those directors choosing the management, the minority share holders representing the lessor states don't like it . The "complaint" is that the way voting is done is wanting, with no surprise the minority share holder wanting to go to a different system that gives them more say.
Government corporate governance is a joke, they create layer upon layer of regulation and bureaucracy to confirm their funding is delivered effectively and equitably. The "Sir Humprey's" will will suck the life out of it as they do with everything else they touch.
Any agility and entrepreneurial spirit will be replaced by procedure and reporting