You can think of the New Zealand Law Society as an organisation that helps lawyers and conveyancers. It has the power to borrow money to do its job. The society can borrow money to perform its regulatory tasks, which involve making sure lawyers and conveyancers follow the rules. It can also borrow money to perform its representative tasks, which involve supporting its members. You might wonder how the society will pay back the money it borrows. It can use its assets as security to guarantee the loan. This means that if the society cannot pay back the loan, the lender can use the society's assets to get their money back. The society has two types of assets: those it uses for regulatory tasks and those it holds for the benefit of its members. It can use either type of asset as security for a loan, depending on what the loan is for. For example, if the society borrows money to support its members, it can use the assets it holds for their benefit as security.