The New Zealand Society of Conveyancers must make rules for a fidelity fund. You can think of a fidelity fund as a special kind of savings account that helps protect people's money. The rules must say how the fund's accounts are checked each year by a qualified auditor, which means someone who is an expert at checking accounts, as defined in section 35 of the Financial Reporting Act 2013. The fund belongs to the New Zealand Society of Conveyancers and is held in trust. This means the society is responsible for looking after the fund and using it for the right purposes. The rules for the fund are a type of law, and you can learn more about how these laws are published by looking at Part 3 of the Legislation Act 2019. The New Zealand Society of Conveyancers must appoint a qualified auditor to check the fund's accounts. The auditor will make sure the accounts are correct and honest. The fund is an important part of how the society works and helps keep people's money safe.