When creating a policy condition for Time, the Timezone needs to be set. This can be done in one of two ways, using either the drop-down list which is extensive, to the point of being excessive, or using 'Custom' to define it.
At present this 'Custom' field is does not support RFC822 Time Zones of the format +/-0000, giving an error saying 'Invalid Timezone'.
Given that this is a standard format, it should be supported.