The Child Poverty Act 2010 (Persistent Poverty Target) Regulations 2014
Citation and commencement1.
These Regulations may be cited as the Child Poverty Act 2010 (Persistent Poverty Target) Regulations 2014 and come into force on 31st December 2014.
Persistent poverty target percentage2.
For the purposes of section 6(3) of the Child Poverty Act 2010 (which allows the target to be prescribed by regulations) the target percentage is 7%.
Signed by authority of the Secretary of State for Work and Pensions.
Section 2 of the Child Poverty Act 2010 (“the Act”) places a duty on the Secretary of State to ensure that the targets in sections 3 to 6 of the Act are met by the target year which is defined as the financial year beginning on 1 April 2020.
Section 6 of the Act relates to the persistent poverty target. This target is that less than a percentage target of children who have lived in qualifying households whose equivalised net income has been less than 60% of UK median equivalised net household income in at least three out of four consecutive survey years. Equivalised is defined in section 7 as meaning adjusted to take account of variations in household size and composition.
There is no definition of qualifying household in the Act. Section 7(1)(a) provides a power to set out in regulations the definition of a qualifying household for the purposes of the child poverty targets.
Under section 6(3) any target percentage must be prescribed by regulations made before 2015.
Regulation 2 of these Regulations sets the target percentage at 7%.
A full regulatory impact assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.