diff --git a/src/xrpld/ledger/detail/View.cpp b/src/xrpld/ledger/detail/View.cpp
index 402d9612e5..1a08b72bf3 100644
--- a/src/xrpld/ledger/detail/View.cpp
+++ b/src/xrpld/ledger/detail/View.cpp
@@ -482,14 +482,26 @@ accountHolds(
     {
         amount = STAmount{mptIssue, sleMpt->getFieldU64(sfMPTAmount)};
 
-        // only if auth check is needed, as it needs to do an additional read
-        // operation
-        if (zeroIfUnauthorized == ahZERO_IF_UNAUTHORIZED)
+        // Only if auth check is needed, as it needs to do an additional read
+        // operation. Note featureSingleAssetVault will affect error codes.
+        if (zeroIfUnauthorized == ahZERO_IF_UNAUTHORIZED &&
+            view.rules().enabled(featureSingleAssetVault))
         {
             if (auto const err = requireAuth(view, mptIssue, account);
                 !isTesSuccess(err))
                 amount.clear(mptIssue);
         }
+        else if (zeroIfUnauthorized == ahZERO_IF_UNAUTHORIZED)
+        {
+            auto const sleIssuance =
+                view.read(keylet::mptIssuance(mptIssue.getMptID()));
+
+            // if auth is enabled on the issuance and mpt is not authorized,
+            // clear amount
+            if (sleIssuance && sleIssuance->isFlag(lsfMPTRequireAuth) &&
+                !sleMpt->isFlag(lsfMPTAuthorized))
+                amount.clear(mptIssue);
+        }
     }
 
     return amount;