It began on 26 February 1950 with the quarterfinals and concluded on 23 April 1950 with the replay final which was held at GSP Stadium.
EPA won their 3rd Cypriot Cup trophy after beating Anorthosis 2–1 in the final.
In all rounds each tie was played as a single leg and was held at the home ground of one of the two teams, according to the draw results.
If a match was drawn, extra time was following.
If extra time was drawn, there was a replay match.