It does not have live PTO, but I think most people dont have a clue what live PTO is....
1) Live PTO means that (through a couple of different mechanical designs) the PTO can spin regardless of whether the tractor is moving, stopped, or being shifted. This is usually accomplished via a 2 stage foot clutch, or a separate clutch for the PTO.
2) You do not NEED Live PTO to run a brush mower, or any other attachment, it is just NICER to have Live PTO since you can stop, shift gears, backup, etc without ever stopping the mower blades (or tiller etc). The only attachment that demands a live PTO (in my opinion) is a rear snowblower, which will clog if you keep stopping it to shift gears etc.
3) Most very old tractors do not have an over-running clutch, which means that when you step on the clutch to stop - the momentum of the mower blades will push the tractor an extra 10 feet or so. Often right through your wife's garden. Any tractor sold in the US past the 1970s will have the over-running clutch built in. The 220 has the clutch built in.