Any developer of a parcel of land greater than 100 acres in size for which the developer is seeking approval of a planned development pursuant to the Municipal Land Use Law (NJSA 40:55D-1 et seq.) may submit a general development plan to the Planning Board prior to the granting of preliminary approval of that development by the Planning Board pursuant to the Land Use and Development Ordinance of the Township of Toms River;

Any developer of a parcel of land 100 acres or less in size for which parcel the developer is seeking approval of a planned development pursuant to the Municipal Land Use Law consisting of not less than 150,000 square feet of nonresidential floor area may submit a general development plan to the Planning Board prior to the granting of preliminary approval pursuant to the Land Use and Development Ordinance of the Township of Toms River.

The Planning Board shall grant or deny general development plan approval within 95 days after submission of an application that is deemed complete by the administrative officer, or within such further time as may be consented to by the applicant. Failure of the Planning Board to act within the period prescribed shall constitute general development plan approval of the planned development.