 financial memorandumclause 3 of the bill provides for the setting up of a national commission for natural disaster management, and clause 6 envisages setting up of a disaster management fund the bill, if enacted, will involve expenditure from the consolidated fund of india it is likely to involve a recurring expenditure of rupees two crore per annum from the consolidated fund of india a non-recurring expenditure to the tune of rupees five hundred crore is also likely to be involved memorandum regarding delegated legislationclause 8 of the bill empowers the central government to make rules for carrying out the purposes of this bill the rules will relate to matters of details only the delegation of legislative power is of normal character