Raspbmc clock problem

OS cannot seem to access the hwclock:

pi@raspbmc:/etc/init.d$ sudo /sbin/hwclock -r --debug
        hwclock from util-linux-ng 2.17.2
        hwclock: Open of /dev/rtc failed, errno=2: No such file or directory.
        No usable clock interface found.
        Cannot access the Hardware Clock via any known method.

          pi@raspbmc:/etc/init.d$ ls -l /dev | grep rtc
          pi@raspbmc:/etc/init.d$
        

This is what it looks like from my Ubuntu box:

chris@q2server:/media/external-ma/Music$ sudo /sbin/hwclock -r --debug
        [sudo] password for chris:
        hwclock from util-linux-ng 2.17.2
        Using /dev interface to clock.
        Assuming hardware clock is kept in local time.
        Waiting for clock tick...
        ...got clock tick
        Time read from Hardware Clock: 2012/07/13 16:38:50
        Hw clock time : 2012/07/13 16:38:50 = 1342193930 seconds since 1969
        Fri 13 Jul 2012 16:38:50 BST  -0.236127 seconds

chris@q2server:/media/external-ma/Music$ ls -l /dev | grep rtc
        lrwxrwxrwx 1 root root           4 2012-02-25 15:38 rtc -> rtc0
        crw-rw---- 1 root root    254,   0 2012-02-25 15:38 rtc0
        chris@q2server:/media/external-ma/Music$

I am going to write a small script to check a ntp server (probably a few) for current date/time.