THE KINGDOM OF LESOTHO COMBINED SECOND TO EIGHTH PERIODIC REPORT UNDER THE AFRICAN CHARTER ON HUMAN AND PEOPLES’ RIGHTS AND INITIAL REPORT UNDER THE PROTOCOL TO THE AFRICAN CHARTER ON THE RIGHTS OF WOMEN IN AFRICA provided that Basotho form at least 20 percent shareholding of the enterprise and companies duly registered under the laws of Lesotho. 129. Section 13 deals with allocation in rural areas, where a local allocating authority in that area is endowed with powers to allocate and revoke allocation, in consultation with the chief in that area. 130. Section 5 of the Land Act also prescribes ‘overriding interests’ which diminish the right to own land in the following terms: A lease or allocation shall be subject to such of the following overriding interests as may, for the time being, subsist and affect the lease, notwithstanding that the overriding interests have not been recorded in the Deeds Register or record of allocation: (a) water rights; (b) any rights to mines, minerals, coal, mineral oil, or gas; (c) any flora or fauna naturally occurring or present on the Land; (d) any paleontological or archaeological remains; (e) rights of compulsory acquisition, sale, resumption, entry, search and user conferred by any other written law; Administrative measures 131. From 2012 to 2013, the government of Lesotho, with the financial assistance of Millennium Challenge Corporation (MCC) engaged in a Land Administration Reform Project whose main objective was to regularise holding of legal title to the land occupants. The Systematic Land Regularization project ran in Maseru (city, urban and peri-urban areas) and Leribe from 2012 to 2013. People residing and having title to property in those areas were afforded a chance to apply for leases at no cost. This service was provided to both 59