I feel it necessary to raise a few matters relating to the money resolution because, by its tone and content, it is a propaganda section of the Bill. The explanatory and financial memorandum contains a section claiming to give the financial effects of the Bill, paragraph 2 of which, under the heading, "Financial effects of the Bill," states:
The proposed new funding authorities for schools will take over from the Department for Education and the Welsh Office responsibility for the calculation and payment of recurrent and capital grant to grant-maintained schools under regulations and guidelines made by the Secretary of State.
It goes on to say later:
It is expected that the costs of the funding authorities will be offset over time by savings in the running costs of the Department for Education and the Welsh Office".
What is the time scale? When the transfer of funding takes place, there will be a gap between the new funding authorities—[Interruption.]