Surprised any games get released there if this is one of the conditions.

Yeah, but aside from crimes against intelligent thought I don't see how it applies to Saints Row. On sentiment I agree that some stuff should be banned (games like 'ethnic cleansing'), but I doubt that Saints Row 4 is on that level of offensiveness, so it is kind of irrelevant. Games that are so terrible as to be outright banned would be banned in many countries, seeing as SR4 seems to only be banned in Australia so far I don't think that it is relevant.

depiction =/= promotion

I'm not the Australian rating board, but I imagine this point may pertain to open encouragement and instructions how to commit crimes.