FAQ: Welsh powers referendum

"What are we actually being asked to vote on?"

"What it will essentially do [...] is to streamline the way Welsh laws (or ‘Measures’) are made."

"Under the new system which a Yes vote would herald, the Assembly would work under the assumption that it can make laws in all areas under its jurisdiction."

http://www.walesonline.co.uk/news/welsh-politics/referendum/2011/02/23/faq-welsh-powers-referendum-91466-28219944/