A liquid crystal (HZL 7/*) containing an (S)-2-methylbutyl-(S)-lactate unit in the chiral chain, is investigated by means of (2)H and (13)C NMR spectroscopy in order to obtain information on its orientational order, its molecular structure and the effect of external magnetic fields on the supramolecular structure of its phases. This mesogen presents very peculiar mesomorphic properties and exhibits frustrated TGBA* and TGBC* phases in a wide temperature range up to 60 degrees C, as well as an additional phase transition from TGBC(1)* to TGBC(2)*. (2)H NMR measurements show, for the first time, a peculiar magnetic field effect in unwinding the supramolecular structure of both the TGBA* and TGBC* phases. This effect is particularly evident at higher magnetic fields, while different behaviour is observed at lower magnetic fields. This indicates that the supramolecular structure is very sensitive to magnetic fields of the order of 1 Tesla. Moreover, the analysis of the (2)H and (13)C NMR spectra of HZL 7/* allow us to obtain several structural properties, such as the tilt angle of the TGBC* phases and the local orientational order parameters referred to the phenyl and biphenyl fragments. This is the first structural characterization of the frustrated phases of these complexes by means of NMR.