This version of the mod is for No Man's Sky version 5.5, also known as the Worlds Part II Update. The install instructions are listed below.
First, unzip the zip file that this README comes in. You can do this anywhere.
Next, move the SM_Time_Less folder (not extracted zip) to No Man's Sky/GAMEDATA/MODS directory. Not PCBANKS/MODS.
Finally, launch the game to see if the mod was installed correctly. It should show a warning if you have mods correctly installed.
If you have other mods which are incompattible with this one, you'll need to use the provided .lua file and the provided .lua files of the other mods to merge them.
This can be done using AMUMSS. Once downloaded and installed, put the .lua files in the ModScript directory and run the BUILDMOD.bat file. (on windows)
That will create a folder in CreatedMODS for the merged mods. Move this folder to the correct directory as seen in the above instructions and continue with the instructions from there.
Thank you for using SM_Time_Less, made by BraveCaperCat.