Blocks do not render when looking in 3rd-person view from invisible wall in old-type worlds

Summary
When in 3rd-person view and looking from the direction of the invisible walls at the edge of a world, all blocks turn invisible.

How to reproduce
1. Import the attached world.
2. Go to the edge.
3. Look in third person view.

Observed Results:
All blocks turn invisible.

Expected Results:
All blocks should remain visible.