I've just been pointed at this site http://www.picturenation.co.uk/, I've never seen it before and I thought I'd sign up and check it out. But being a little new still I thought I'd ask opinions as the T&C confuses me.

This part

By submitting the photograph to picturenation, being the sole author of the photograph, waive absolutely your moral rights arising under Chapter 4 of the Copyright, Designs and Patents Act 1988 and, so far as is legally possible, any broadly equivalent rights you may have in any territory of the world. (this refers to picturenation using your member name to publicise your photo)

confuses me as I'm not 100% sure of all the act and despite further down it states that you retain copyright.

I'm just a little blonde and unsure of some of the parts that look a little suspicious so I'll be grateful for the opinions of people here who know much more than me and can save me signing up somewhere that isn't going to be good for myself.

Thanks in advance.