The burden shall be upon the applicant to show the Planning Board
good cause for any variation between the plan as preliminarily approved
and the plan as submitted for final approval. In the event that a
public hearing is not required for final approval and the complete
application for final approval has been filed, together with all drawings,
specifications and other documents in support thereof and as required
by the resolution of preliminary approval, the Planning Board shall,
within 45 days of such filing grant final approval of such plan; provided,
however, that in the event the plan, as submitted, contains variations
from the plan given preliminary approval, but remains in substantial
compliance with the plan as submitted for preliminary approval, the
Planning Board may, after a meeting with the applicant, refuse to
grant final approval and shall, within 45 days of the filing of the
application for final approval, so advise the applicant in writing
of said refusal, setting forth in said notice the reasons why one
or more of said variations are not in the public interest. In the
event of said refusal, the applicant may file his application for
final approval without the variations objected to by the Planning
Board on or before the last day of the time within which he was authorized
by the resolution granting preliminary approval to file for final
approval or within 30 days from the date he receives notice of said
refusal, whichever date shall last occur, or he may treat the refusal
as a denial of final approval. The applicant shall notify the Planning
Board, in writing, within 10 days of his receipt of the Planning Board's
notice of his election. Failure of the applicant to so notify the
Planning Board shall be considered an election to treat the notification
as a denial of final approval.