diff --git a/include/etl/expected.h b/include/etl/expected.h
index bbfc514b..1feb1487 100644
--- a/include/etl/expected.h
+++ b/include/etl/expected.h
@@ -746,7 +746,7 @@ namespace etl
     //*******************************************
     const value_type& operator*() const ETL_LVALUE_REF_QUALIFIER
     {
-      ETL_ASSERT_OR_RETURN_VALUE(has_value(), ETL_ERROR(expected_invalid), ETL_NULLPTR);
+      ETL_ASSERT(has_value(), ETL_ERROR(expected_invalid));
 
       return etl::get<value_type>(storage);
     }
@@ -757,7 +757,7 @@ namespace etl
     //*******************************************
     value_type&& operator*() &&
     {
-      ETL_ASSERT_OR_RETURN_VALUE(has_value(), ETL_ERROR(expected_invalid), ETL_NULLPTR);
+      ETL_ASSERT(has_value(), ETL_ERROR(expected_invalid));
 
       return etl::move(etl::get<value_type>(storage));
     }
diff --git a/test/test_expected.cpp b/test/test_expected.cpp
index 621727b2..b7bee13d 100644
--- a/test/test_expected.cpp
+++ b/test/test_expected.cpp
@@ -618,6 +618,20 @@ namespace
         etl::expected_invalid);
     }
 
+    //*************************************************************************
+    // See https://github.com/ETLCPP/etl/issues/1532
+    TEST(test_dereference_const_and_rvalue_expected)
+    {
+      typedef etl::expected<int, const char*> Expected1532;
+
+      Expected1532        e  = 42;
+      const Expected1532& ce = e;
+
+      CHECK_EQUAL(42, *e);
+      CHECK_EQUAL(42, *ce);
+      CHECK_EQUAL(42, *Expected1532(42));
+    }
+
     //*************************************************************************
     struct value_or_helper
     {