 financial memorandumclause 3 of the bill provides for the setting up of a fishermen welfare fund for the benefit of fishermen it further provides that the central government shall also contribute to the fund therefore, the bill, if enacted, will involve expenditure from the consolidated fund of india it is likely to involve a recurring expenditure of rupees one hundred crore per annum a non-recurring expenditure of rupees one hundred crore is also likely to be involved  memorandum regarding delegated legislationclause 5 of the bill empowers the central government to make rules for carrying out the purposes of the bill as the rules will relate to matters of detail only, the delegation of legislative power is of a normal character 