The 46AX is an absolute beast and it will fly that airplane, however, it will be very underpowered. You won't have anything left to get you out of trouble, go-arounds are going to be difficult, your takeoff roll is going to be quite lengthy, you'll find headwinds as light as 5MPH pushing you backwards...it will fly a bit too scale. On top of that, you're going to have to run that engine as hard as it possibly can pretty much 24/7, so it's not going to last as long as it would if it were used in an airframe suitably sized for it.
That aircraft calls for an engine in the 30cc area, so you'll want something of that size range. OS makes a couple of gassers, DLE 30 is a cheap-and-cheerful option. You can fly it on glow power but it's generally not recommended; gasoline engines are more than capable of flying that plane with grace and ease while costing a mere fraction what a glow engine of that size will cost.