setTimeout("setTime()", 1);

function setTime()
{
    var DTM = new Date();
    var strHour = DTM.getUTCHours();
    var strMinute = DTM.getUTCMinutes();
    var strSecond = DTM.getUTCSeconds();

    if (strHour == 0)
    {
        strHour = "00";
    }
    else if (strHour < 10)
    {
        strHour = "0" + strHour;
    }

    if (strMinute < 10)
    {
        strMinute = "0" + strMinute;
    }

    if (strSecond < 10)
    {
        strSecond = "0" + strSecond;
    }

    var strTime = strHour + '' + strMinute + '.' + strSecond;
    document.getElementById('time').innerHTML = strTime;

    setTimeout("setTime()", 1000);
}