(1) An owner, of land, means each person as stated in schedule 1 for the land.
(2) Also, a mortgagee of land is the owner of land if—
(a) the mortgagee is acting as mortgagee in possession of the land and has the exclusive management and control of the land; or
(b) the mortgagee, or a person appointed by the mortgagee, is in possession of the land and has the exclusive management and control of the land.
(3) If land or another thing has more than 1 owner, a reference in this Act to the owner of the land or thing is a reference to each of its owners.