 financial memorandumclause 3 of the bill provides that appropriate government shall conduct a survey old persons and maintain a register to that effect clause 4 provides for the setting up welfare homes for old persons clause 5 provides for payment of monthly pension to th clause 6 provides for setting up a fund to implement the provisions of the act some con butions and donations are also expected nevertheless, it is estimated that an annual rect ring expenditure of about rupees two thousand crore may be involved from the conso fund of india a non-recurring expenditure of about rupees one thousand crore is also likely tol involved from the consolidated fund of india by way of setting up of old persons ho! creation of facility therein memorandum regarding delegated legislationclause 8 of the bill empowers the central government to frame rules for carrying out the provisions of the bill the delegation of legislative power is of a normal character since the rules will relate to matters of detail only