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Australia bans social media for under 16s
(www.theverge.com)
This is a most excellent place for technology news and articles.
The thing about kids getting a VPN, free or paid is that it will spread like wild fire. It only takes one kid who knows how to do something. They tried this at my highschool, blocking websites and such. That was more than 20 years ago and we knew how to use VPN's or similar then and once we figured it out it was an open secret.
I'm not saying the law shouldn't exist or that we should do nothing. I'm saying that this isn't going to be effective as it is and could end up leading to worse things.