The function version_compare in module hana_ml.algorithms.pal.utility checks if the package's version is greater than the specified version, returning True if it is and False if it isn't.
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Here is a Python code template for the `version_compare` function in the `hana_ml.algorithms.pal.utility` module:

```python
# Import the required module
from hana_ml.algorithms.pal.utility import version_compare

# Specify the package version and the version to compare with
pkg_version = '1.0.0'  # replace with your package version
version = '0.9.0'  # replace with the version to compare with

# Use the version_compare function
is_greater = version_compare(pkg_version, version)

# Print the result
if is_greater:
    print(f"The package version {pkg_version} is greater than {version}.")
else:
    print(f"The package version {pkg_version} is not greater than {version}.")
```

Please replace `'1.0.0'` and `'0.9.0'` with your actual package version and the version you want to compare with, respectively.