same question for me.
i am the buyer getting a govt loan to buy an old house . question is : 'does the completion time' (last date of interest-free period b4 I have to settle the 90% cost) refers to the date that my loan is 'approved' or that i actually physically deposit the money into the vendor's account?

merce,
my agreement goes like this:

The balance of the Purchase Price amounting to RMXXX only (hereinafter referred to as "the Balance Purchase Price") shall be paid by the Purchaser to the Vendor’s Solicitors as stakeholders within three (3) months from the date of receipt of the said Consent by the Purchaser’s Solicitors (the last day of the three (3) months period shall hereinafter be referred to as "the Completion Date"), failing which the Vendor shall grant to the Purchaser an extension of two (2) months (the last day of the two (2) months period shall hereinafter be referred to as "the Extended Completion Date") to pay the Balance Purchase Price in which event the Purchaser shall pay to the Vendor an agreed interest on the unpaid balance at the rate of eight per centum (8%) per annum to be calculated on daily basis from the expiry of the Completion Date to the date of payment .

So i suppose it has to be actually delivering the cash to the vendor?