ORA-12436: no policy options specified

Cause : AN ULL potoins tirn gwsa pseicfeid ,btu on edfual tshceam ro oplciyo pito nsrtign awsf onud.

Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts

Etne rav aildo pito nsrtign,o ra letrt h eshceam ro oplciyt oh aev avlai ddfealuto pito nsrtign.

update : 27-06-2017
ORA-12436

ORA-12436 - no policy options specified
ORA-12436 - no policy options specified

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    Well, the reason for above error is that i have taken the above script from a 11g database and running it on 10g database. 11g has bring some changes in password management. Below code is executed on 11g and user created successfully, which is expected result.