If the LiveUpdate Administrator [LUA] is at a remote site[different timezone] and needs to configure the schedules as per the local times.
or
If you need event logs from the LUA in a specific time zone
LUA 2.3.X
LUA does not have any configuration settings to set the preferred timezone. By default, it uses the System timezone on which it is installed.
Changing the System timezone and restarting the LUA services will sync LUA time with System time.