Adorno said:
If it's the death of memes, bring it on.
But seriously, it sounds terrible.
I don't know how much truth there is to it, but I've read that the meme banning interpretation is an extreme one.
But yeah, the law itself is pretty aweful, whether it bans memes or not.
Finally, memes have a certain beauty to them: a meme is an image or a general idea that is viral; people propogate it to others by repeating the same idea over and over again, thing is, that many times, to enhance the meme some people along the line of illiteration change or add things to it. So they always evolve.
This is exactly what culture is: it's a set of ideas and behaviours which we repeat and pass unto our children. Each generation changes that set somewhat and passes it on aswell.
Here for example is a chart illustrating how Spurdo diverged from Pedobear and spawned its own decendants:
Furthermore, the modification of memes usually includes the prized human senses of irony, wit, self-deprecation and self-reference. This is why memes aren't so bad, and infact beautiful and interesting in their own way.
Memes also illustrate the darwinistic market place of ideas: if a meme stops evolving, it eventually dies. Many times a meme is popular along side one or more of its decendants, and the one that prevails is the one most adapted/adaptable to ever changing tastes of its target population.