603. Meaning of 'landowner' within the Improvement Acts.

(iii)     By Whom Powers Are Exercised

603.     Meaning of 'landowner' within the Improvement Acts.

For the purpose of the Improvements Acts1 the landowner is, in effect, the person2 who is in actual possession or receipt of the rents and profits of the land, whatever his tenure3 and without regard to the real amount of his interest, unless such person is a tenant under a lease or agreement which is not renewable and which has less than 25 years unexpired4. The purpose of the Improvement Acts is to enable owners, including limited owners, to raise money for improvements by