Need some features of SharePoint Information Management Policy settings

The task which i want to achieve is, i want to restrict few sharepoint users from downloading specific document which is been shared with them. The platfrom on which i am working is SharePoint Online (BPOS).For knowing this feature, i have read few articles, where the steps were given  but  it applies to Microsoft Office  SharePoint server 2007.
I have never tried this feature of irm policy settings before , so please help me out and inform me which version of Sharepoint this feature supports and what all things can be achieved?
techgyanAsked:
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rajivkapoorONidealsdotcodotinConnect With a Mentor Commented:
Try the following to get an answer to your question:
Presentation
BPOS
BPOSusers

BPOS integration can be done using 3rd party software like Office 365 and Bamboo solutions
Courtesy: http://www.ideals.co.in
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