I can guarantee no tech exec will ever end up in prison under this law. At most, they will get a fine and happily file this under operational costs.
Very few MPs seem to understand how the internet works, and there is virtually no opposition against some of this madness. There are only demands to make it even stricter to "protect the kiddies". Most of these "kiddies" know how to use a VPN or are at least smart enough to borrow their father's phone to watch juicy content.