I strongly agree with the premise (not the implementation) however it will begin the ending of rights as we know them.
I shall play Devils advocate.
Let us do some comparison of views here:
Would it be appropriate if it were hate speech against a race or national origin?
Would it be appropriate if it were hate speech against sexual preference?
Would it be appropriate if it were hate speech against gender?
We already know religion is under attack in a lot of places so would it be appropriate if it were treated as hate speech against a protected group?
Think about it!
Excerpt from article:It defines blasphemy as publishing or uttering matter that is grossly abusive or insulting in relation to matters held sacred by any religion, thereby intentionally causing outrage among a substantial number of adherents of that religion, with some defences permitted.
Now change a few word's and see if it is more appealing:It defines hate speech as publishing or uttering matter that is grossly abusive or insulting in relation to matters held sacred by any race, gender, homosexual, transsexual or trans-gender person thereby intentionally causing outrage among a substantial number of the offended group, with some defences permitted.
Now if you agree with the rewrite why not the original?