Festivals of Welsh acts or deeds if dots are adjusted (11)

I believe the answer is:

eisteddfods

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'festivals' is the definition.
(I know this)

'deeds if dots are adjusted' is the wordplay.
'are adjusted' is an anagram indicator.
'deeds'+'if'+'dots'='deedsifdots'
'deedsifdots' is an anagram of 'EISTEDDFODS'.

'of welsh acts or' acts as a link.
I am not very happy about this link. Some or all of it may belong to another bit of the clue.

Can you help me to learn more?

(Another definition for eisteddfods that I've seen is " Welsh gatherings of poetry and song".)

I've seen this clue in the Sydney Morning Herald.

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