Sec. 5. Initiated ordinance passed by the commission in amended form.
   When an ordinance proposed by initiative petition is passed by the commission in a changed or amended form, and the committee of the petitioners require that such proposed ordinance be submitted to a vote of the voters as provided in Article VI, Section 3, hereof, the ordinance as passed by the commission shall not take effect until after such vote and, if the proposed ordinance so submitted be approved by a majority of the voters voting thereon, the ordinance as passed by the commission shall be deemed repealed.