Yes, the lens now shows up as 55 1.2 in the camera, great!
Under Controls I go down to f8 customize command dials, where I out of 4 submenues choose aperture ring setting, then I get two options in the submenu and I choose aperture ring, and press OK. When I go back one step, the aperture ring setting still displays OFF, whilst on the other four menues (on the same "page") they change to ON when I do a change.
This can mean I have another setting on the camera (wrong) that prevents the change I want?
So I think the next step should/could be, I test the lens on another camera, just to eliminate a possibility, although it appears smooth and the aperture lever works perfectly from 16 to 1.2, and I do take pictures on all settings (correctly) exept 1.2, where the problem still is as described in initial post. The seller of the lens have used it on a Canon camera using adapter, but the adapter "was broken", so maybe some force have been used, but not easily seen.
I admit my skills in handling and knowing the menues have tripeled during this exercise; labels progress.