The fund operates at arms length but is ultimately controlled by the Welsh government.
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".
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.
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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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.
Certainly, the Nobel authorities themselves have kept the economics prize at arms' length.
If the government is so determined to keep the unions firmly at arms' length, then it is not surprising if a new generation of union leaders feel the same.
On the other, the United States has many reasons to hold Syria at arms' length -- including Damascus' drug-trafficking, support for terrorism, wholesale counterfeiting of U.S. dollars, colonization of Lebanon, strategic cooperation with Iran and acquisition of weapons of mass destruction.
Taufa'ao Filise shunted over to restore the Blues' lead and despite a late try by Andrew Higgins, Blair's boot kept Bath at arm's length at the Arms Park.
The Fed does this by buying financial assets mostly treasury bonds at market prices in arms-length transactions.
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Another interferometer with arms of the same length is under construction at Kamioka in Japan.
For example, a government official gets a kickback from a contractor who, as it turns out, performed work for the city at the same price as if it were an arms-length negotiated deal.
The body hadn't been laid out full-length with its arms by its sides, as bodies usually were at the time.
Based at a Welsh government-owned building in Llantrisant, Rhondda Cynon Taf, the centre will be an arms-length subsidiary company of the Aneurin Bevan Health Board, acting on behalf of all seven LHBs.
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