Regulation 10 Persons to be treated as in actual possession of land
For the purposes of any provision of these Regulations a person shall be treated as in actual possession of land if that person is entitled to one of the following estates in land namely—
(a)
a legal or equitable fee simple absolute, a legal or equitable fee tail or a legal or equitable life estate; or
(b)
a tenancy of which not less than 40 years remains unexpired.