They word that as vaguely as possible, far more vague than the actual law states, but basically no, only if the stream is the equivalent of watching live on a B

They word that as vaguely as possible, far more vague than the actual law states, but basically no, only if the stream is the equivalent of watching live on a BBC channel. They're just hoping you interpret their vague nonsense as liberally as possible 'to be safe'.