2889631 - 'Action' button in Custom Code Objects Library produces dump

When clicking the 'Action' button in the Custom Code Objects Library the following dump is produced:

Category ABAP Programming Error
Runtime Errors RAISE_EXCEPTION
ABAP Program CL_AGS_CC_LIBRARY=============CP
Application Component SV-SMG-CCM-CDM

Short Text
   Exception condition "FAILED" triggered

What happened? 
   The current ABAP program has encountered an unexpected situation.

How to correct the error 
   If the error occurs in a non-modfied SAP program, you might be able to 
   find a solution in the SAP Notes system. If you have access to the SAP 
   Notes system, check there first using the following keywords: 
   "RAISE_EXCEPTION" 
   "CL_AGS_CC_LIBRARY_DB==========CP" bzw. CL_AGS_CC_LIBRARY_DB==========CM007

Source Code
   | 38| if a_library_key is INITIAL or a_library_id is INITIAL.
   |>>>>>| raise failed. 
   | 40| else. 
   | 41| select single versnr

Calls deck
   27 METHOD CL_AGS_CC_LIBRARY_DB==========CP CL_AGS_CC_LIBRARY_DB==========CM007 39 
   CL_AGS_CC_LIBRARY_DB=>CONSTRUCTOR |
   26 METHOD CL_AGS_CC_LIBRARY=============CP CL_AGS_CC_LIBRARY=============CM001 3
   CL_AGS_CC_LIBRARY=>CONSTRUCTOR

Solution Manager7.2

CCM, Custom Code Object Library, BADI, Action , KBA , SV-SMG-CCM , Custom Code Management , Problem