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"The University has received external advice on its health, safety and wellbeing obligations under the Health and Safety at Work Act 2015, and its duty of care to the university community, and has made the decision on these grounds.
"The legal advice we have received is that cancellation of the event, as concluded by the report, is the only way to eliminate the risk to health and safety and to ensure that the University would not be in breach of its health and safety obligations," a statement from the university said.
The statement said the university was still committed to the values of academic freedom, the freedom of speech, and the freedom of expression, as values that lie at the very heart of the tradition of a university and academic inquiry.
"However, this event has created significant disruption to our students, staff and University operations, and we cannot accept any further risk or issues, or any risk of potential harm that may impact upon a particularly vulnerable community."
In August 2017, Massey received its Rainbow Tick accreditation, signalling it had completed a diversity and inclusion assessment process.
But Rainbow Tick acting president Martin King last month spoke out about it "absolutely" did not support groups that incited "any conversation that is anti-trans".
"We want to ensure they uphold their Rainbow Tick values," King told Stuff earlier this month.
Students and staff rallied for the event to be axed, with some saying they felt attacked and vulnerable.