NZ passes law to ban Internet file-sharing

New Zealand passed a law against online piracy on Thursday which outlaws file-sharing.

The new law allows for penalties of up to NZ$15,000 ($12,000) to be paid to the copyright owner.

The new law gives copyright owners the power to send evidence of alleged infringements to Internet service providers, who will then send up to three infringement notices to the account holder.

If the warnings are ignored then a claim can be made to the Copyright Tribunal.

MPs were accused of not understanding file sharing and Internet basics.

If you need of more information on Intellectual Property, contact TimeBase to trial our Australian legislation Intellectual Property Point-in-Time product for free.

What are your thoughts on this new law? Read full article.