I am encountering and issue when using an Automation script to copy elements from an existing view into a new view.
The basic code I am using in the script, where the source and new views are selected from drop down lists of the views on the system is:

    // Get source and new views
    var dms = engine.GetDms();
    IDmsView sourceView = dms.GetView(dialog.SourceViewDropDown.Selected);
    IDmsView newView = dms.GetView(dialog.newViewDropDown.Selected);

    // Copy elements to new view
    var elements = sourceView.Elements;
    foreach (var element in elements)
    {
        ISet<IDmsView> views = element.Views;
        if (!views.Contains(newView))
        {
            views.Add(newView);
            element.Update();
        }
    }

Now the script works in that the element end up in both the source and new views.
However the problem is that if the element is using an entry from the credentials library for say the SNMP community strings rather than having them specified directly, then once the element has been updated, the credentials selection is unticked.

Before running the script the element settings look as follows:

But after the script completes, the element settings look as follows:

As a result the element then goes into timeout and I have to manually use Cube to reselect the credentials and apply it, which rather defeats the purpose of writing a script to copy elements into a view.

Is there something I am missing or is this indeed a bug?

(The issue is present on both a system running 10.3.0.0-15940-CU22 as well as on running 10.5.12.0-16623-CU1)