The league was divided into 2 groups, A and B, consisting each of 10 clubs. Both groups were played in league system. By winter break all clubs in each group meat eachother twice, home and away, with the bottom four classifiyed from A group moving to the group B, and being replaced by the top four from the B group. At the end of the season because the two groups league format was being abandoned for the next season and replaced by a single league consisting of 16 clubs, more clubs were relegated, six, and only the two first classifiyed from the Second League of FR Yugoslavia would be promoted.
At the end of the season FK Obilić became champions for the first time in their history.
The league's top-scorer with a total of 27 goals was Saša Marković who played the first half of the season with FK Železnik and moving during the winter break to Red Star Belgrade where he played the rest of the season.