Unable to install a custom SELinux module: "policydb module version XX does not match my version" error

Issue

• When trying to load a custom SELinux module, the following error is displayed

  # semodule -i MYMODULE.pp
  libsepol.policydb_read: policydb module version XX does not match my version range YY-ZZ (No such file or directory).
  libsepol.sepol_module_package_read: invalid module in module package (at section 0) (No such file or directory).
  libsemanage.semanage_load_module: Error while reading from module file /etc/selinux/targeted/modules/tmp/modules/MYMODULE.pp. (No such file or directory).
  semodule:  Failed!