Automatic Tagging only available for 'when file is changed' - release 28.0.2, app v 1.18.0

I’m trying to configure Automatic Tagging, however I don’t get an option other than ‘When File is Changed’. I’m certain I have seen other options previously, like ‘when file is created’. Potentially this has changed in a recent update?
I want to use this tagging with the Retention app to delete files after a certain amount of time after creation.
Does anyone have any ideas or seeing a similar issue?