You can think of the New Zealand Society of Conveyancers as a group that helps conveyancers. This group has the power to borrow money to do its job. It can borrow money to perform its regulatory functions, which means making sure conveyancers follow the rules. It can also borrow money to perform its representative functions, which means supporting its members. You might wonder how the group pays back the money it borrows. It can use its assets, like property or money, as security for the loan. This means if the group cannot pay back the loan, the lender can use the assets to get their money back. The group can use its regulatory assets, like fees from conveyancers, as security for loans to help it perform its regulatory functions. It can also use assets that belong to its members as security for loans to help it perform its representative functions, like supporting conveyancers.