Interestingly, the page 440bx refers to do not mention {$Z+} or {$Z-}; which could well be because its valid (only) in the trunk.
No, it's available also in 3.2.0.
Another posibility is that the doc writer really meant "Z+" and "Z-" but wrote "Z on/off" after some other directive which did allow it, say
$SCOPEDENUMS or some such. It's difficult to say without testing all combinations in all (or a significant amount of) versions of the compiler.
What is quite clear, though, is that the doc is
now wrong, whatever happened in the past or will happen in the future.