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The SA Sports Confederation and Olympic Committee (Sascoc) said on Wednesday some of the suspended ASA board members were expected to approach the IAAF to request a special general meeting, and it was awaiting a response before an SGM could be convened.
Sascoc said however, that it would continue to monitor the administration of the national athletics federation.
"The Sascoc board is more than happy to allow the IAAF to help the ASA regions to constitute a special general meeting for the purposes of electing a new democratic leadership for athletics in South Africa," Sascoc said in a statement.
"Our administrator (Zola Majavu), however, will continue to investigate the irregularities and mismanagement at ASA, and once concluded, will recommend to the Sascoc board the action to be undertaken."
Sascoc chief executive Tubby Reddy, who met with IAAF representatives in Lausanne, Switzerland, at the weekend, said the organisation would uphold its suspension of ASA president James Evans.
The Olympic body alleged that ASA had been in a "state of disarray" since April 2013, and it had a "statutory duty to step in as an interim measure and ensure that there is restoration of stability within ASA to enable the federation to carry out its functions".
The IAAF intervened earlier this month in a dispute between ASA and Sascoc, which took over the athletics federation's office in Houghton in April, for the second time in less than four years.
The IAAF had told Reddy it did not recognise Sascoc-appointed administrator Majavu and continued to recognise Evans, who was fighting his suspension, and the elected board.
The global body said the national athletics federation was in danger of being suspended owing to outside interference, and would send a delegation to South Africa, if it believed the sport had come to a standstill, to assist in appointing an ad-hoc committee to run the sport.
