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Re:A Scenario Where Brexit Does Not Actually Happen by bikamonki on Sunday June 26, 2016 @10:07AM (#11980826)
The referendum result is not binding. It is advisory. Parliament is not bound to commit itself in that same direction.

Is this true in UK's legislation?

Re:A Scenario Where Brexit Does Not Actually Happen by thomasfoster96 on Sunday June 26, 2016 @10:12AM (#11980852)
Yes, in the UK the parliament has absolute sovereignty[0].

Parliament cannot be overruled by the courts (unlike the US or Australia, where the Supreme/High Court can declare laws invalid), nor is there any requirement for decisions to be taken to a referendum (unlike Australia or Switzerland, where the constitution can't be changed without a vote).

The UK parliament can, in theory, ignore the referendum entirely - although that'd be hugely unpopular if they did.

[0] https://en.wikipedia.org/wiki/Parliamentary_sovereignty