47. The moneys from time to time credited to a Paurashava Fund shall be applied in the following order of preference:- firstly, in the payment of salaries and allowances to the officers and employees of the Paurashava; secondly, in meeting the expenditure charged on the Paurashava Fund under this Ordinance; thirdly, in the fulfilment of any obligation and in the discharge of any duty imposed on the Paurashava under this Ordinance or under any other law for the time being in force; fourthly, in meeting expenditure declared by the Paurashava, with the previous sanction of the Prescribed Authority, to be an appropriate charge on the Paurashava Fund; and fifthly, in meeting the expenditure declared by the Government to be an appropriate charge on the Paurashava Fund.