The billing authority must inform the Secretary of State, and any body the authority was required to notify under section 52ZG(5A), of the result of the referendum.
Subsection (3) below applies if the result is that the billing authority's relevant basic amount of council tax for the financial year is approved by a majority of persons voting in the referendum.
The authority's calculations from which that amount was derived continue to have effect for that year for the purposes of this Act.
Subsection (5) below applies if the result is that the billing authority's relevant basic amount of council tax for the financial year is not approved by a majority of persons voting in the referendum.
The substitute calculations made in relation to the year under section 52ZF above have effect in relation to the authority and the financial year.