“What do fixed term Parliaments mean?
The new rules require a PM with a Commons majority to call the next general election on a five year fixed timetable.
However, should the PM resign or lose a no-confidence vote, the process to be followed is still unclear. The monarch could ask another member of the largest party to try to form a government. But if they too declined, conceivably the Leader of the Opposition could be asked to and might seek to form a minority government without any immediate dissolution.
To dissolve Parliament early a vote of two thirds of MPs is needed, which would normally require that (most) MPs from both the government and the main opposition should support the motion.”