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Child Poverty Act 2010
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4The combined low income and material deprivation target
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(1)The combined low income and material deprivation target is that less than 5% of children who live in qualifying households—
(a)live in households that fall within the relevant income group, and
(b)experience material deprivation.
(2)For the purposes of subsection (1)(a), a household falls within the relevant income group, in relation to a financial year, if its equivalised net income for the financial year is less than 70% of median equivalised net household income for the financial year.
(3)Regulations must specify the circumstances in which a child is to be regarded for the purposes of subsection (1)(b) as experiencing material deprivation in a financial year.
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