The zoning requirements and general terms and conditions, whether conditional or otherwise, upon which minor site plan or subdivision approval was granted, shall not be changed for a period of two years after the date of approval.

Preliminary approval of major subdivision or site plan applications shall be for a period of three years from the date on which the resolution is adopted and shall confer upon the applicant the rights set forth in N.J.S.A. 40:55D-49.

Final approval of major subdivision or site plan applications shall be for a period of two years from the date on which the resolution is adopted and shall confer upon the applicant the rights set forth in N.J.S.A. 40:55D-52.

The municipal Board granting approval may grant extensions to the time limits pursuant to the provisions of the Municipal Land Use Act.[1]