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Default conditional format for text

I am trying to write a conditional format to check a line of text. I have

=IF(COUNTIF(A4,"*docs\budget*")<1)

to check if the words docs\budget are in a line of text and this is not
working.

Here is an example of the text.
Y:\auto\224\712\5225\01\docs\budget

Where did I go wrong?

Thanks.
 
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