No thats an over simplification Kate!
Its an ammendment to the offensive weapons act, the antique exemption to this ammendment are already written in that act.
The new ammended exceptions to the sword part are....
5. For the purposes of paragraph 4—
“historical re-enactment” means any presentation or other event held for the purpose of re-enacting an event from the past or of illustrating conduct from a particular time or period in the past;
“insurance” means a contract of insurance or other arrangement made for the purpose of indemnifying a person or persons named in the contract or under the arrangement;
“permitted activity” means an historical re-enactment or a sporting activity;
“sporting activity” means the practising of a sport which requires the use of a weapon described in paragraph 1(r);
“third parties” includes participants in, and spectators of, a permitted activity and members of the public.
To use your own words "its that simple!" Or more complicated than it seems at first perhaps!
But in 10 years time you might be right.
Spiral