The fund operates at arms length but is ultimately controlled by the Welsh government.
It does not include those who work for arms length companies like Cormac.
In the US, political action committees (PACS) which are at arms length from the parties and candidates, are right in the thick of campaigning.
It is also recommended that a new body called Qualifications Wales should be established at arms length from the Welsh government to regulate qualifications.
The US held Israel at arms length until after its stunning victory against Soviet clients Egypt and Syria in the 1967 Six Day War.
Sunderland continued to hold their opponents at arms length for the most part, though, and went close themselves when Leadbitter drove a 30-yard free-kick wide.
But they give out the orders and rake in the proceeds of the illicit activities, remaining at arms length from the crimes, thus evading prosecution.
Acting general secretary of the National Union of Teachers, Christine Blower, said it was a matter of "concern" that the government was keeping the Cambridge Primary Review "at arms length".
The data included all residential land transfers and all arms length transfers--a sale where the buyer and seller are not the same and price is greater than 3, 000.
With all the uncertainties about how the Co-op will fill the hole in Co-op Bank's capital resources, it seems unlikely that the PRA will remain quite so arms length.
In a statement after a 5 to 0 vote on the matter, Pennsylvania's Public Service Commission said separating the divisions would be enough to force them to operate at arms length.
Tory environment spokesman Russell George said businesses and organisations were not convinced about the inclusion of the Forestry Commission, which "called the future of its estate and arms length status into question".
To reduce that possibility, and the appearance of it, the Fed has traditionally conducted its open market operations at arms length from the Treasury buying and selling outstanding securities from and to the marketplace rather than new issues directly from the Treasury itself.
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In terms of its conclusion the report pulls back from the full radical view which would be to scrap all the different agencies and bring back an arms length body like the Welsh Development Agency which co-ordinated much of this before it was demolished in 2006.
Villa had also brought a fine save out of Eduardo early on, while Xavi fired a first-time shot over from a corner but, after surviving those scares, Carlos Queiroz's side not only found a way of keeping Spain at arms length, they also began to threaten at the other end.
The Fed does this by buying financial assets mostly treasury bonds at market prices in arms-length transactions.
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One can see the investment as a part-nationalisation - the government says it is an arms-length relationship.
States are not behaving voluntarily in an arms-length relationship with Uncle Sam on a level playing field.
Everything must be done in the same way as it would be done in a truly arms-length transaction.
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Through extensive arms-length, good-faith negotiations, hundreds of thousands of Gulf Coast residents and businesses will be made whole.
Top Treasury officials and Robin Budenberg, chairman of the arms-length holding company for nationalised banks, UKFI, give evidence.
The charity's efforts will be funded by Cordia - an arms-length council body which runs the city's school catering.
Certainly, the Nobel authorities themselves have kept the economics prize at arms' length.
This fact has remained relatively low profile as the Department of Commerce adopted an arms-length relationship with the stakeholder organisations.
She said the company maintains an arms-length relationship with Ocwen and that Mr. Erbey abstains from any board vote involving both companies.
This method of utilizing proxies and perimeter footholds has also been the modus operandi of Iran in its arms-length war with Israel.
Mr Sawers added that he hoped other public bodies would follow suit and that the living wage would be extended to their arms-length bodies.
That kind of arms-length arrangement, they argue, would be much better than having the ECB buy bonds itself, and would give the EFSF huge firepower.
Corporate governance purists will seize on Mr Darroch's support for Mr Murdoch to say it shows the two men aren't sufficiently arms-length from each other.
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