Electronic securities under foreign law

(1) Electronically issued, fungible securities that are issued under foreign law and are admitted to collective safe custody by a central securities depository under section 5(1) are deemed a collective holding. The persons entitled to these securities are deemed co-owners in proportionate shares. The provisions of this Act on collective safe custody and shares of a collective holding apply mutatis mutandis, insofar as paragraph 2 does not provide otherwise.
(2) Sections 7, 8 and 9a do not apply.