yes and no i suppose. It really all comes down to which formulas you are using.
For example if you are using:
This will update to the new workbook when you move the sheet over.
if you are using reference A1 to another tab it will keep the reference to the other workbook even if you copy it
So pretty much if your formula's references are only on the Summary tab and refer only to the summary tab, when you move the tab it will update to new workbook. If you move the tab and it has references to other sheets in other workbooks it will keep those same references even if you move the summary tab to another workbook.
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