Loss of rights

(1) Rights arising from shares that belong to a person subject to notification, or from which voting rights are attributed to that person under section 34, do not exist for the period during which the notification obligations under section 33(1) or (2) are not fulfilled. This does not apply to claims under section 58(4) of the Stock Corporation Act and section 271 of the Stock Corporation Act, where the notification was not wilfully omitted and has since been made. Insofar as the amount of the voting-rights holding is concerned, the period under the first sentence is extended by six months where the notification obligations were breached wilfully or through gross negligence. The third sentence does not apply where the discrepancy in the amount of the voting rights stated in the preceding incorrect notification is less than 10 percent of the actual voting-rights holding, and no notification of reaching, exceeding or falling below one of the thresholds referred to in section 33 is omitted.
(2) Where the person subject to notification fails to comply with its notification obligations under section 38(1) or section 39(1), subsection (1) applies to shares of the same issuer belonging to the person subject to notification.