Two legs rounds were revived for quarterfinals and semifinals.
The Cup started with the round of 32, but it also had couple of preliminaries.
The qualification rounds of competition started on 14 August 1996 with nine matches.
The cup holder Dynamo Kyiv was eliminated in away game against Nyva Vinnytsia losing on penalty kicks in the Round of 16.
The final was held at the NSC Olimpiysky on May 25, 1997, in Kyiv.