(i) meets the criteria set forth in subdivision two of section 24-0501 of this article,
(ii) provides for a review of regulated activities, land use and development and subdivision pursuant to the standards set forth in subdivision two of section 24-0801 of this article, and
(iii) contains at a minimum land use regulations meeting the criteria of subdivision one of section 24-0903 of this article; and
(b) possesses the technical or administrative capacity to administer the local law or ordinance. 3. In connection with a transfer of its jurisdiction pursuant to this section, the agency may impose reasonable conditions in furtherance of the policies and purposes of this article and of article twenty-seven of the executive law. 4. A local government regulating wetlands pursuant to this section shall have the right to charge such fees and expenses to an applicant for official action as shall enable it to recover the costs incurred by reason of such application. 5. The technical services of the department or the agency shall be made available to towns and villages, on a fee basis, in the implementation of the procedures set forth in this section.