Proposition 4
Tag 0AT0, permanent. Cite it as [Bourbaki, Tag 0AT0].
Lie Groups and Lie Algebras, chapter V, § 5. Invariants in the symmetric algebra
With the assumptions and notation of Th. 3, assume that K is of characteristic . Then if and only if the characteristic degrees of R are all even.
Let be the automorphism of the algebra S that extends the automorphism of V. Then for all homogeneous in S. Thus, if , every homogeneous element of odd degree of R is zero, and the are all even. Conversely, if the are all even, every element of R is invariant under , and Galois theory shows that .
Bourbaki puts the proof directly after the statement, so what is above is the statement and its proof together.