Transport (Wales) Bill

The hon. Member for Ynys Môn (Albert Owen) talked about the transfer of funds. Will the Secretary of State confirm my understanding of the Government’s response to the Welsh Affairs Committee report, which says:"““There will not be a transfer of funding to the Assembly; any support which the Assembly wishes to give to air transport or air services will have to be found within the Assembly’s existing budgetary provision.””" Is it the case that no funds will be transferred for any development in Ynys Môn and that that will thus be down to the Assembly itself?