The BASED clause identifies a record as being a simple template to which no storage space is allocated.
Syntax Rules:
- Only specify the BASED clause on a level 01 or 77 item from the LINKAGE SECTION.
- The BASED and REDEFINES phrases are mutually exclusive.
General Rules:
The start address of this record is set to the predefined address NULL. An address is not assigned until it is explicitly
set.