Check two latch screws and keep an eye on the time (5,3,5)

I believe the answer is:

watch the clock

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'check two latch screws' is the definition.
I know nothing about this answer so I can't tell whether it can be defined by this definition.

'keep an eye on the time' is the wordplay.
'keep an eye on' becomes 'watch' (synonyms).
'time' becomes 'clock' (synonyms).
'watch'+'the'+'clock'='WATCH THE CLOCK'

'and' acts as a link.

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I've seen this clue in the Sydney Morning Herald.

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