libsepol.policydb_read: policydb module version 19 does not match my version range 4-10

Issue

Inserting a custom module to the SELinux policy fails with the following errors:

  # semodule -i local_policy.pp
libsepol.policydb_read: policydb module version 19 does not match my version range 4-10 (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/local_policy.pp. (No such file or directory).
semodule:  Failed