It is my understanding that you can make use of the XPath function 'current-dateTime()' to retrieve the system time.
This would provide you with the current system time in the xs:dateTime type.
You could then make use of the format-dateTime() function to restructure the time in the format that you require. You can basically customize the way you want to output the current time.
A very simple style sheet with no input document.
Code:
<xsl:stylesheet version="2.0" xmlns:xsl="http://www.w3.org/1999/XSL/Transform">
<xsl:output method="html" />
<xsl:template match="/">
<html>
<body>
<xsl:value-of select="format-dateTime(current-dateTime(), '[Y,4][D,2][M,2] [H]:[m]:[s] [Z]')" />
</body>
</html>
</xsl:template>
</xsl:stylesheet>
This stylesheet will output the following:
Code:
<html>
<body>20080605 14:45:04 -04:00</body>
</html>
Good luck!