 financial memorandumclause 3 of the bill provides that it shall be mandatory for the appropriate government to provide effective identification of security papers to prevent forgery and imitation of such papers the bill, therefore, if enacted, will involve expenditure from the consolidated fund of india to establish the methods to give effective identification to security papers as far as state governments are concerned, the expenditure will be met from the consolidated funds of the respective states it is estimated that a recurring expenditure to the tune of repete one hundred crore is likely to be incurred per annum a non-recurring expenditure of about rupees two hundred crore is also likely to be involved  memorandum regarding delegated legislationclause 6 of the bill provides that the central government may, make rules to give effect to the provisions of the bill as the rules will relate to matters of detail only, the delegation of legislative power is of a normal character _