The main question of this article is what intentions Åland and Finland hold regarding the self-government of Åland, and how this is mirrored in the ongoing process for a revision of the Åland Autonomy Act. This matter is studied through a comparison of three central documents in the revision process, issued by three parliamentary committees, one Ålandic, one Finnish, and one joint. The article analyses how the parties describe the background and development of Åland’s autonomy, the original purpose of the autonomy, and the aims for the fourth generation of autonomy legislation. Some concrete proposals for changes in the Autonomy Act are discussed in order to see if the intentions of the two parties coincide or differ. The article concludes that the committees mainly agree on the foundations of the autonomy. The principle of protection of language and culture seems to be rather unproblematic, whereas it is unclear how far the parties are willing to go regarding the right of Åland to manage its own affairs. For instance, the committees have identified the division of legislative competences and the economic system as two crucial domains in the revision. Åland is interested to extend its mandate in those spheres further than at least the Government of Finland seems to be willing to allow.