THERE were red faces amongst Legislative Councillors yesterday when an Education Panel meeting was called off because only two members turned up on time. Panel convenor Mrs Selina Chow Liang Shuk-yee could give her colleagues a lesson in time-keeping after just she and United Democrat Mr Cheung Man-kwong arrived as scheduled for the 8.30 am meeting. Nine members had earlier said they would be there but, after waiting 20 minutes for the errant educationalists, Mrs Chow gave up and closed the attendance register. It was only then that Mr Eric Li Ka-cheung, Mr Andrew Wong Wang-fat and Mrs Peggy Lam Pei Yu-dja made an appearance. With the customary shuffling of feet and hanging of heads expected on such occasions, a contrite Mr Wong and Mr Li told the ''headmistress'' they had been held up by personal matters. Another late-comer, Meeting Point's Mr Tik Chi-yuen, was caught in heavy traffic and did not arrive until 9 am. But it was not only the legislators who were deserving of a dose of detention. An embarrassed Director of Education, Mr Dominic Wong Shing-wah, was also late. The incident followed criticism of councillors for poor attendance at briefings on the 1993-94 Budget estimates, so yesterday's delinquents were no doubt relieved that the days of caning in Hongkong schools are over. But with the Target and Target-related Assessment Scheme the main topic on yesterday's agenda, the legislators' tardiness was perhaps not such a surprise. Extra homework would be a dream by comparison.