Children living in low-income households
4Publication of data on children living in low-income households
1
Before the end of the financial year beginning with 1 April 2016 and each subsequent financial year the Secretary of State must publish data on the percentage of children in the United Kingdom—
a
who live in households whose equivalised net income for the relevant financial year is less than 60% of median equivalised net household income for that financial year;
b
who live in households whose equivalised net income for the relevant financial year is less than 70% of median equivalised net household income for that financial year, and who experience material deprivation;
c
who live in households whose equivalised net income for the relevant financial year is less than 60% of median equivalised net household income for the financial year beginning 1 April 2010, adjusted to take account of changes in the value of money since that financial year;
d
who live in households whose equivalised net income has been less than 60% of median equivalised net household income in at least 3 of the last 4 survey periods.
2
The published data must be accompanied by information on how the Secretary of State has approached the following for the purpose of the data—
a
the meaning of “child”;
b
the meaning of “household”;
c
when a child is or is not living in a household;
d
what is the income of a household for a financial year;
e
what deductions are made in calculating the net income of a household;
f
how net household income is equivalised;
g
when a child experiences material deprivation;
h
how household income is adjusted to take account of changes in the value of money since the financial year beginning 1 April 2010;
i
the meaning of “survey period”.
3
The published data may be accompanied by information as to how and when the references in subsections (1) and (2) to the financial year beginning 1 April 2010 are to be read as references to a later financial year.
4
In this section—
“equivalised”, in relation to household income, means adjusted to take account of variations in household size and composition;
“financial year” means the 12 months ending with 31 March;
“relevant financial year”, in relation to a financial year in which data is to be published, means the most recent financial year for which the data is available.