I</h2>
			<!-- invalid -->
			<p>It is 1.00.</p>
			<p>It is 12.59.</p>

			<!-- valid -->
			<!-- correct use of : -->
			<p>It is 1:00.</p>
			<!-- preceded by 0 -->
			<p>It is 02.00.</p>
			<!-- preceded by = -->
			<p>X = 3.00.</p>
			<!-- hour component too large to be a time -->
			<p>It is 13.00.</p>
			<!-- not preceded by space -->
			<p>It cost $12.00.</p>
			<!-- too many digits in the minute component -->
			<p>It is 4.001.</p>
			<!-- minute component too large to be a time -->
			<p>It is 4.6