It is bogus.

The only thing that can be done here is to lift privacy laws so that ISP's can legally check exactly what you are looking at so that there is no ambiguity. But of cause this signs away our sovereign rights.

Guilty upon accusation is not good for our country. It's not just our country that is annoyed about it, even Stephen Fry is joining in on the protest on his Twitter page as he feels it is a greatly disturbing change in law.

Richard Stallman came in to our country last year, the founder of the free software foundation and spoke about this very thing happening. see here:
http://homepages.ihug.co.nz/~corwin/rms08.html

See the video " Copyright vs Community in the Age of Computer Networks"