These Regulation pertain to the ownership of agricultural and recreational land in Alberta. Under section 4, no ineligible person or foreign controlled corporation shall take or acquire, directly or indirectly, an interest in controlled land – which is land in Alberta but does not include (a)land of the Crown in right of Alberta, (b) land within the boundaries of a city, town, new town, village or summer village, and (c) mines and minerals. The Regulation further specifies which are the percentage of foreign ownership that are allowed (sect. 13).