Automic Admin is attempting to use the variable "VERSION_MANAGEMENT" and set to "N". Unfortunately this does not work. Whether I set the value to "N" or "Y", every time a new version of the object is created and in the tab Version Management the old version can be restored.
Variable OBJECT_AUDIT set to Y
Release : 12.3
Component : AUTOMATION ENGINE
Automic Admin also have the variable OBJECT_AUDIT set to YES. This setting implements the following:
Alternatively please see the following KB as well: