This law was created for the purpose of requiring open space development for any subdivision of land 20 acres or greater within the Town of Malta. The goal of the law is to promote the better use of open spaces, recreational development, existing topography and natural features, design, and to provide for economics inherent with open space development. This law empowers the Planning Board of the Town of Malta, acting in a manner which would promote the above goals, to approve, approve with modifications or disapprove open space development proposals.