Waiver of requirements. The Joint Planning Board may waive, when
reasonable, any requirements of improvements for the approval, approval
with modifications or disapproval of subdivisions submitted for its
approval. Any such waiver, which shall be subject to appropriate conditions,
may be exercised in the event any such requirements or improvements
are found not to be requisite in the interest of the public health,
safety and general welfare or inappropriate because of inadequacy
or lack of connecting facilities adjacent or in proximity to the subdivision.