 financial memorandumclause 3 of the bill provides for setting up of an "electoral advisory body" consisting of chairman of the council of states, the-leader of the house, the chief justice of india, the speaker of the house of people, the leader and the leaders of opposition of both houses of parliament, the chief election commissioner and an eminent jurist to be appointed by the president the bill, therefore, if enacted, will involve expenditure from the consolidated fund of india in respect of the eminent jurist to be appointed it is likely to involve a recurring expenditure of about rupees five lakh per annum it is also likely to involve a non-recurring expenditure of about rupees three lakh annexure extract from the constitution of india103 (1)    +   ps ' (2) before giving any decision on any such question, the presideat shall obtain the opinion of the election commission and shall act according to such opinion ed      