Power to exclude or modify absolute low income targetU.K.
9(1)Regulations may—U.K.
(a)amend the percentage specified in subsection (1) of section 5 (the absolute low income target) or the base year specified in subsection (4) of that section in their application in relation to any financial year later than the target year, or
(b)repeal section 5, and the reference to that section in section 25(3)(a).
(2)Regulations made by virtue of sub-paragraph (1)(b) do not affect the application of section 5 in relation to the target year or any other financial year before the regulations are made.