Racing Victoria Limited's board will this afternoon consider a submission from jumps supporters for the sport to be guaranteed a further three years.

Board members last month deferred discussing the submission until after last Sunday's season-ending events at Warrnambool.

The sport, banned late last year because of a high rate of horse deaths and falls, was given a reprieve earlier this year. With obstacles modified, RVL set strict key performance indicators the sport had to meet if it was to continue next year.

But RVL communications manager Shaun Kelly revealed two falls at Warrnambool last Sunday meant the falls target was not met. The rate of falls per starters for the season was 3.35 per cent, above the three per cent target, but significantly below the 2009 figure of 5.08 per cent.

The rate of fatalities per starters this year was 0.48 per cent, below the 0.65 per cent target and last year's figure of 1.27 per cent.

Had the falls target been met, RVL would have had no choice but to honour its undertaking to extend the sport into 2011.

But with the target missed, the sport's future again lies in the hands of the board. It is the third time in 16 months the sport's future has been debated by the board.

Australian Jumps Racing Association chairman Rodney Rae said missing the falls target should not complicate the decision.

"One would think the fatality KPI would carry a much higher weight," he said.

Rae said the AJRA had asked the jumps review panel to reconsider its classification of an incident fall because it felt the horse had stumbled on the ground several strides after clearing a jump.

If the bid to have it re-classified was successful, the fall KPI would be met.

"We are hopeful we will get another three years," he said. "Any other than a three-year term will be totally unacceptable.

"We are confident, if the RVL board understands the issues, then they will support jumps racing continuing for a significant length of time. It (minimum three years) has to happen to restore confidence and get people spending money again.

"I think we have done a good job this season. We need to be increasing our horse numbers and the only way to do that is to restore confidence in the industry."