Unable to cut and paste a body macro from a nested position

Steps to reproduce

1. Create a body macro (e.g. section)
2. Create another body macro nested inside (e.g. column)
3. Cut and paste this macro to be outside the parent body macro

Macro does not copy and a range of encoding errors are displayed. The user is unable to save as an error is displayer "Failure when converting editor format to storage format"

Video

Reproduced on

Environment

4.0 Stable
4.1 OD GAPPS

Browsers

IE8

(no repro)
IE9
Chrome