How people hope to enforce this law is unknown, but with current proposals to make file sharing a jail-able offence, holding maximum sentences greater than intentional GBH, it's a worrying result.
It truly baffles me that any court could uphold the argument for "fair compensation" for copied media. What is the compensation for? Lost profits? The public isn't covered for lost value when media platforms become obsolete. Instead, they're forced to become criminals or re-purchase goods. That's not fair.