It's a strange design, overhead inlet valve, sidevalve exhaust. Exhaust valve rockers are under the cover you can see below the exhaust manifold, cam acts on them directly, with pushrods going up past the exhaust manifold (inside the two lumps you can see on the side of the head / rocker cover) and operate the rockers for the inlet valves in a fairly conventional OHV way.
Despite how it looks, the engine sits vertically, the head is mounted at an angle, making room for the side exhaust valves.
Same engine was used in early Land Rovers, in fact this a recon one from a landy and was fitted with the P3 specific bits. They also did a 6 cylinder version in the 75 model.