(1)The Commission may from time to time institute inquiries with regard to charities or a particular charity or class of charities, either generally or for particular purposes.
(2)But no such inquiry is to extend to any exempt charity except where this has been requested by its principal regulator.
(3)The Commission may—
(a)conduct such an inquiry itself, or
(b)appoint a person to conduct it and make a report to the Commission.
(4)This section and sections 47 to 49 (obtaining evidence and search warrants) have effect in relation to a body entered in the Scottish Charity Register which is managed or controlled wholly or mainly in or from England or Wales as they have effect in relation to a charity.