Understanding the Prince Edward Island Lands Protection Act slide image

Understanding the Prince Edward Island Lands Protection Act

But wait - those elusive "exclusions" ... For the purpose of calculating the aggregate land holding of a person or corporation, the Act contains certain provisions which can exclude certain types of land from the calculations of aggregate land holding. They include: • the non-arable land holdings of the person, up to a maximum total amount of 400 acres, shall be excluded from the person's aggregate land holding; and the non-arable land holdings of the corporation, up to a maximum total amount of 1,200 acres, shall be excluded from the corporation's aggregate land holding.
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