ORA-12473: The procedure is disabled when Label Security is used with OID.
Cause : Usign Laebl Sceuriyt wiht OI Ddisbaledt hisp rocdeure.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Do ont ues OI Dwit hLable Seucrit yif htis rpoceudre si reuqire dto ufnctoin.
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.