Controls whether CMS maintains a reference copy of the element.
You must have established a reference copy directory.
The presence of the reference copy attribute for an element is
inherited from the library, that is, if a reference copy directory
is established for the library, by default, the attribute is
enabled for the element. You can override the reference copy
attribute by specifying /NOREFERENCE_COPY.
If a reference copy directory has been established for the CMS
library, CMS creates a reference copy of the new element and
updates the reference copy directory each time you create a new
main line generation of that element. When CMS places a file in
the reference copy directory, it also deletes any earlier versions
of that file in the reference copy directory.