(c) where the non-Zambian has obtained the President's consent in writing under his hand; (d) where the non-Zambian is a company registered under the Companies Act, and less than twenty-five per centum of the issued shares are owned by nonZambians; where the non-Zambian is a statutory corporation created by an Act of Parliament; where the non-Zambian is a co-operative society registered under the Cooperative Societies Act and less than twenty-five per centum of the members are non-Zambians; where the non-Zambian is a body registered under the Land (Perpetual Succession) Act and is a non-profit making, charitable, religious, educational or philanthropic organisation or institution which is registered and is approved by the Minister for the purposes of this section; where the interest or right in question arises out of a lease, sub-lease, or underlease, for a period not exceeding five years, or a tenancy agreement; where the interest or right in land is being inherited upon death or is being transferred under a right of survivorship or by operation of law; where the non-Zambian is a Commercial Bank registered under the Companies Act and the Banking and Financial Services Act; or where the non-Zambian is granted a concession or right under the National Parks and Wildlife Act.“ (e) (f) (g) (h) (i) (j) (k) 337. Section 3 (4) provides that – “ Notwithstanding subsection (3), the President shall not alienate any land situated in a district or an area where land is held under customary tenure.” Lands and Deeds Registry Act 338. The Lands and Deeds Registry Act, Chapter 185, governs all property held on title in terms of registration. Lands Acquisition Act 339. The Lands Acquisition Act, Chapter 189, makes provision for circumstances in which land may be compulsorily acquired by the State. Compensation procedures are provided in Sections 3 and 10 of the Act. 135