Software component LOCAL is not modifiable, cannot create object

What causes this issue?

The object &V1& &V2& &V3& is in a name range reserved for customers.
At SAP, you can create objects in this name range in the software
component <LS>LOCAL</> only.
In this SAP System, the modifiability of the component <LS>LOCAL</> has
been set so that no objects can be created.

System Response

The function terminates.

How to fix this error?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Procedure for System Administrators

Check whether you can modify the software component <LS>LOCAL</>.
You can set the modifiability of software components in the
<DS:TRAN.SE03>Transport Organizer Tools</> under <LS>Administration</>
-> <LS>Set System Change Option</>.

Error message extract from SAP system. Copyright SAP SE.