Complex sentence: In 1982, the Office abolished the "Condemned" rating; subsequently, films the Conference of Bishops deem to have unacceptable levels of sex and violence are rated "O", "Morally Offensive".
Split into simpler sentences: In 1982, the Office abolished the "Condemned" rating. Subsequently, films deemed to have unacceptable levels of sex and violence by the Conference of Bishops are rated "O", "Morally Offensive".