(1) Section 4 shall not apply if a payment is delayed because of a good faith disagreement between a principal executive department and a private enterprise, unless the dispute is resolved in favor of the private enterprise.
    (2) Section 4 shall not apply if a payment by a principal executive department is past due because of an executive order budget cut.

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Terms Used In Michigan Laws 17.55

  • private enterprise: means a business which provides goods or services and which is not a governmental entity. See Michigan Laws 17.51
  • shall not apply: means that the pertinent provision is not operative as to certain persons or things or in conjunction with a particular date or dates. See Michigan Laws 8.4c
    (3) Section 4 shall not apply if a principal executive department pays a penalty or interest payment charged by a private enterprise for late payment.