Users of modchipped videogame consoles could face fines of up to AU$6600 under new laws being put in place by the Australian Federal Government, a news alert from law firm Minter Ellison says. Those who distribute or offer modchipped devices could face fines of up to AU$60,500 and/or up to five years in jail.
The new laws, which are being put in place to comply with Australia's obligations under the Australia United States Free Trade Agreement (AUSFTA), will be in effect from 1 January 2007. A draft of the legislation was released for public comment earlier this week. According to the Minter Ellison statement, the "AUSFTA requires Australia to prohibit the use of devices and services to circumvent technological protection measures (TPM)".
Some exemptions to the law will be put in place, including for those doing computer security testing, law enforcement and library use.