The components on this page conform to the following rules:

This panel gives the currently (continuously updated) details about the current time as set on this machine.
This panel gives you the details about the time zone currently displayed in the ID Name control (and the Full Name control - the two are linked).
These are all the properties exposed by the .NET API for the current time zone. If (as in the picture above) the time zone supports daylight savings time then the DST adjustment rules panel will activate showing all the dynamic settings for DST (two sets of rules in this example).
In addition the current local time in this time zone is displayed in the panel on the right.